Corn Starch Market Analysis, Size, Share, Growth, Trends, and Forecast by 2031

The corn starch market is expected to register a CAGR of 6% during 2023–2031. The growing demand for sustainable and biodegradable products are likely to remain a key trend in the market.

Corn Starch Market Analysis

• The corn starch market is evolving at a fast pace over the forecast period. The key factors for its growth are its expanding usage in food & beverage, processed foods, paper and board and detergents.
•  Driving factors of the corn starch market include the increased demand for clean-label ingredients, an increase in consumer consciousness, food and beverage industry’s trend of replacing petroleum with ethanol, and more.
•  The corn starch market is in turn categorized by regions comprising of North America, Europe, Asia Pacific, South America and Middle East and Africa. North America is among the leading corn starch market owing to the US, which possess immense agricultural land for corn cultivation.

Corn Starch Market Overview

• Corn starch is also referred as maize starch which is a powder derived from the endosperm of the corn kernel; it is white, tasteless and odourless. It has countless industrial uses, both around the world and locally: in food and beverage, paper and corrugated, textiles, and others.
•  Trends including the clean-label push, the rise in per-capita processed and convenience food consumption, and the move to replace petroleum with ethanol are five factors that drive the corn starch market.
•  Optimism for the future of the corn starch market is also being fuelled by factors such as technological advancements, ecological initiatives and collaboration among the value chain participants.

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Corn Starch Market: Strategic Insights

Corn Starch Market

• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Market Dynamics

GROWTH DRIVERS

• Abundance of Corn as Raw Material

FUTURE TRENDS

• The growing demand for sustainable and biodegradable products

OPPORTUNITIES

• Increasing Consumption of Processed and Convenience Food

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Type

• Native Starch
• Modified Starch

Application

• Food and Beverage
• Animal Feed
• Pharmaceuticals
• Paper and Pulp

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Corn Starch Market Drivers and Opportunities

Abundance of Corn as Raw Material

• As the biggest consumer of corn starch, the US is the world's biggest market for corn starch as corn is the main raw material in the US.
•  The booming corn starch industry is propelled by markets in the US and North America due to the plentiful corn available at inexpensive prices.
•  Its production is also supported by the abundance of corn as the raw material which can be constantly supplied.
•  Due to the presence of corn (maize) as raw material, the supply for corn starch would remain stable and at minimal price, thus increasing its market demand.

Increasing Consumption of Processed and Convenience Food

• The growing use of corn starch as a thickening and stabilizing agent in food products, as well as the growing demand for convenience food products, are bolstering the growth of the corn starch market.
•  Moreover, the change in consumer lifestyle towards easy food and easy life has propelled the demand for corn starch in the food industry.
•  More processed and convenience food products are consumed each year as people seek easy and convenient lifestyles, and more corn starch is required as an ingredient.
•  To cater to this growing demand, corn starch is expected to see rising demand in the further processing and retail convenience foods segments in the near future.

Corn Starch Market Report Segmentation Analysis

Key segments that contributed to the derivation of the corn starch market analysis are deployment type and enterprise size.

• Based on type, the corn starch market is divided into native starch, modified starch, and others.
• On the basis of application, the market is divided into food and beverage, animal feed, pharmaceuticals, paper and pulp, and others.

Corn Starch Market Share Analysis by Geography

• Corn Starch Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
• Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering corn starch market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
• Also, the report covers PEST analysis, which involves the study of major factors that influence the corn starch market in these regions.

Corn Starch Market Market Report Scope

Corn Starch Market News and Recent Developments

The corn starch market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the corn starch market are listed below:

• Ingredion Incorporated, a leading global provider of specialty ingredient solutions to the food and beverage manufacturing industry and pioneer of clean label ingredients, today announced NOVATION Indulge 2940 starch, expanding their line of clean label texturizers with the first non-GMO functional native corn starch that provides a unique texture for gelling and co-texturizing for popular dairy and alternative dairy products and desserts. (Source: Ingredion Incorporated, Company Website, February 2024)

Corn Starch Market Report Coverage and Deliverables

The “Corn Starch Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Corn starch market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Corn starch market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Corn starch market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the corn starch market
• Detailed company profiles