Industrial Starch Market worth 106.64 Billion USD by 2022

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MarketsandMarkets Presents
Industrial Starch Market worth 106.64 Billion USD
by 2022
http//www.marketsandmarkets.com/Market-Reports/in
dustrial-starch-market-104251261.html
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The report "Industrial Starch Market by Type
(Native, Starch Derivatives Sweeteners), Source
(Corn, Wheat, Cassava, Potato), Application
(Food, Feed, Paper Making Corrugation,
Pharmaceutical), Form (Dry, Liquid), and Region -
Global Forecast to 2022", The industrial starch
market is projected to reach 113.9 MT, by volume
at a CAGR of 3.80 from 2016 to 2022 and USD
106.64 Billion in terms of value by 2022, at a
CAGR of 6.64 from 2016. The market is driven by
growth in demand for convenience foods, and
multiple functionalities of starch, starch
derivatives sweeteners in a diverse range of
end-user industries. Browse 128 market data
tables and 85 figures spread through 188 pages
and in-depth TOC on Industrial Starch Market by
Type (Native, Starch Derivatives Sweeteners),
Source (Corn, Wheat, Cassava, Potato),
Application (Food, Feed, Paper Making
Corrugation, Pharmaceutical), Form (Dry, Liquid),
and Region - Global Forecast to
2022 http//www.marketsandmarkets.com/Market-Rep
orts/industrial-starch-market-104251261.html Earl
y buyers will receive 10 customization on
reports.
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The corn segment accounted for the largest share
in the industrial starch market for nutrient in
2015 The market for corn, among other sources,
was the largest in 2015. The large production of
cornstarch globally, which is used in a diverse
range of applications such as food, corrugation
paper making, and textiles, owing to its multiple
functionalities such as thickening and adhesion
among others is driving this market. Applications
such as pharmaceutical, cosmetics, and
corrugation paper making are projected to be
the fastest-growing segment by 2022 The other
applications such as pharmaceutical, cosmetics,
and corrugation paper making, collectively,
accounted for the fastest-growing segment of the
industrial starch market, by application, in
2015. The growth in this segment is attributed to
the usage of starch, its derivatives, and
sweeteners in a wide range of industrial
applications based on the need for specific
functionality and property among final
products. The liquid form segment is projected
to grow at the highest CAGR by 2022 The
industrial starch market, by form, was dominated
by the liquid form and is also projected to be
the fastest-growing segment.
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This is attributed to the wide use of sweeteners
such as maltodextrin and glucose syrups in the
liquid form in a range of food beverage,
pharmaceutical, and personal care applications
due to their functionalities such as thickening,
bulking, and stabilizing. Asia-Pacific is the
fastest-growing region in the industrial starch
market The industrial starch market in the
Asia-Pacific region is driven by the increasing
consumption of starch, its derivatives, and
sweeteners in China and India. The consumption of
starch in China accounts for nearly half of the
regions starch consumption. Countries such as
China, India, and Thailand are in a better
position to produce starch at more competitive
prices than developed countries of Europe and
North America, due to the lower raw materials
production costs as well as less stringent
environment regulations. This report includes a
study of marketing and development strategies,
along with the product portfolios of leading
companies. It includes the profiles of leading
companies such as Cargill (U.S), Archer Daniels
Midland Company (U.S), Ingredion Incorporated
(U.S), Tate Lyle PLC (U.K.), and AGRANA
Beteiligungs-AG (Austria). Other players that are
active in the industry are Grain Processing
Company (U.S.), Roquette Frères (France), The
Tereos Group (France), Royal Cosun (Netherlands),
and Altia Industrial Services (Finland).
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