The waxy maize starch market is valued US$ 2,000.68 million in 2021; It is expected to grow at a CAGR of 7.3% from 2022 to 2028.
Waxy maize starch is a complex carbohydrate derived from maize or corn. It is used as an additive in various end-use industries, such as food, textiles, and pharmaceuticals. It is added to individual yarns to increase the mechanical strength and resistance to friction and also resist moisture penetration. It also serves as a stabilizer and filler for colored inks when fabrics are overprinted. Consumption of waxy corn starch has been rising significantly in the food industry, as it is used as a thickening agent in soups & gravies, pie fillings, stews & casseroles, and sauces due to its high water absorption capacity. The waxy maize starch market is likely to grow significantly in the near future due to its functional properties, such as foaming and gelling, which make it a vital additive for various end-use industries.
Asia Pacific held the largest waxy maize starch market share in 2021, while other developing regions, such as the Middle East & Africa, are expected to grow significantly in the forecast period. The market is proliferating owing to the potential customer base of developing economies such as China and India, people's food preferences, and the rising demand for healthy, functional food products. Waxy maize starch is extensively utilized in food & beverages and textile & paper manufacturing sectors to stabilize and emulsify products and as a powder binder in the pharmaceutical industry. According to China Starch Industry Association, 39.17 million tons of corn starch were produced in China in 2021. All these factors are anticipated to boost the waxy maize starch market growth during the forecast period.
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Waxy Maize Starch Market: Strategic Insights
Market Size Value in US$ 2,000.68 Million in 2021 Market Size Value by US$ 3,257.37 Million by 2028 Growth rate CAGR of 7.3% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2021
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Waxy Maize Starch Market: Strategic Insights
| Market Size Value in | US$ 2,000.68 Million in 2021 |
| Market Size Value by | US$ 3,257.37 Million by 2028 |
| Growth rate | CAGR of 7.3% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2021 |
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Impact of COVID-19 Pandemic on Waxy Maize Starch Market
The COVID-19 pandemic brought unprecedented challenges for many sectors in early 2020. Lockdowns, border restrictions, travel bans, manufacturing discontinuation, and other safety measures rolled out by governments as per the guidelines of the WHO and national health ministries hampered manufacturing operations. However, In 2021, various economies and industries resumed operations as several governments of different countries announced the relaxation of the previously imposed restrictions. Manufacturers were permitted to operate at full capacity, which helped them overcome the demand and supply gaps and other repercussions. Further, the waxy maize starch manufacturers are focusing on increasing their production to revive their businesses by the end of 2022.
Market Insights
Increasing Strategic Developments by Major Market Players
The manufacturers of waxy maize starch are making strategic developments, such as product innovation, plant capacity expansion, and mergers & acquisitions, to strengthen their market position and expand their customer base. For instance, in September 2021, AGRANA Beteiligungs-AG, one of the prominent manufacturers of starches and other food ingredients, invested US$ 24.87 million in expanding its specialty starch manufacturing plant across Austria. The specialty starch to be processed in the Austrian plant includes waxy maize starch and organic maize starch. With the plant capacity expansion, the company expects to meet the rising demand for specialty starches across Austria and other European markets. Therefore, continued strategic developments by market players are expected to provide immense opportunities to the waxy maize starch market during the forecast period.
Type-Based Insights
Based on type, the waxy maize starch market is segmented into modified starch and native starch. The native starch segment is projected to acquire a larger market share during the forecast period. Native starch is widely used as a texturizer, gelling, stabilizing, and thickening agent by food and beverage manufacturers. It can be added to a wide range of food products, including bakery items, soups and sauces, processed meat products, snacks, alcoholic and nonalcoholic beverages, and dry blends. Moreover, it is used as a universal thickener for paints and various coatings. In the production of label adhesives, native waxy starch shows an increased adhesive ability when working on high-speed machines. Cargill Incorporated, Roquette Frères, and Tate and Lyle are the leading waxy maize starch manufacturers.
Category-Based Insights
Based on category, the waxy maize starch market is segmented into organic and conventional. The organic segment is projected to register a higher CAGR in the market during the forecast period. It is of superior quality compared to inorganic maize. Therefore, the demand for organic maize starch is projected to increase rapidly in the coming years as customers demand premium quality and natural products. In the food industry, organic waxy maize starch is frequently used as a thickener. For example, it is used as an emulsifier in salad dressing, ready meals, soups, and infant food. Additionally, vegan products are made with GMO-free organic starch.
Application-Based Insights
Based on application, the waxy maize starch market is segmented into food & beverages, dietary supplements, pharmaceuticals & nutraceuticals, and others. The pharmaceuticals & nutraceuticals segment is projected to register the highest CAGR in the market during the forecast period. The maize starch and its derivatives are also used in topical formulations, such as ointments and lotions. It is used in various dosage forms, including swallowable tablets, hard capsules, blends, granules, and pellets premix. The paste of maize starch with a concentration of 5–20% is frequently employed in tablet manufacturing to enhance the binding capacity of the formulation.
Key players operating in the waxy maize starch market are Cargill, Incorporated; Tate & Lyle PLC; AGRANA Beteiligungs-AG; Manildra Group; Roquette Frères; Sinofi Ingredients; Tokai Denpun Co., Ltd.; Sanwa Starch Co., Ltd.; New Zealand Starch Limited; and SAMYANG CORPORATION. These players are engaged in developing products with reduced health risks to meet emerging consumer trends and abide by regulatory frameworks. They are involved in mergers and acquisitions, business expansions, and partnerships to expand their market share.
Waxy Maize Starch Market Report Scope
Report Spotlights
- Progressive industry trends in the waxy maize starch market to help players develop effective long-term strategies
- Business growth strategies adopted to secure growth in developed and developing markets
- Quantitative analysis of the waxy maize starch market from 2022 to 2028
- Estimation of global demand for waxy maize starch
- Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook and factors governing the growth of the waxy maize starch market
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- Size of the waxy maize starch market at various nodes
- Detailed overview and segmentation of the market and the waxy maize starch industry dynamics
- Size of the growth in various regions with promising growth opportunities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Category, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, UAE, UK, US
Frequently Asked Questions
Based on application, pharmaceutical and nutraceuticals is the fastest-growing segment.
Rising demand for waxy maize starch in food industry and growing applications of waxy maize starch in pharmaceuticals & nutraceuticals industry are some of the key driving factors for the waxy maize starch market.
Asia Pacific accounted for the largest share of the global waxy maize starch market owing to the potential customer base of developing economies such as China and India, people's food preferences, and the rising demand for healthy functional food products.
Based on the type, the native starch segment accounted for the largest revenue share owing to is widely used as a texturizer, gelling, stabilizing, and thickening agent by various end use industries.
Manufacturers are making significant investments in research & development, partnerships, and collaborations to launch innovative products to tap into emerging market opportunities.
The major players operating in the global waxy maize starch market are Cargill, Incorporated; Tate & Lyle PLC; AGRANA Beteiligungs-AG; Manildra Group; Roquette Frères; Sinofi Ingredients; Tokai Denpun Co., Ltd.; Sanwa Starch Co., Ltd.; New Zealand Starch Limited; and SAMYANG CORPORATION among few others.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Global Waxy Maize Starch Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis
4.4.1 Raw Material Suppliers
4.4.2 Manufacturers
4.4.3 End-use Industries
5. Waxy Maize Starch Market — Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Waxy Maize Starch in Food Industry
5.1.2 Growing Applications of Waxy Maize Starch in Pharmaceuticals & Nutraceuticals Industry
5.2 Market Restraints
5.2.1 Availability of Substitute for Waxy Maize Starch
5.3 Market Opportunities
5.3.1 Increasing Strategic Developments by Major Market Players
5.4 Future Trends
5.4.1 Surging Demand for Organic Waxy Maize Starch
5.5 Impact Analysis of Drivers and Restraint
6. Waxy maize starch – Global Market Analysis
6.1 Waxy Maize Starch Market Overview
6.2 Waxy Maize Starch Market –Revenue and Forecast to 2028
6.3 Competitive Positioning – Key Market Players
7. Waxy Maize Starch Market Analysis – By Type
7.1 Overview
7.2 Waxy Maize Starch Market, By Type (2021 and 2028)
7.3 Modified Starch
7.3.1 Overview
7.3.2 Modified Starch: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Native Starch
7.4.1 Overview
7.4.2 Native Starch: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
8. Waxy Maize Starch Market Analysis – By Category
8.1 Overview
8.2 Waxy Maize Starch Market, By Category (2021 and 2028)
8.3 Organic
8.3.1 Overview
8.3.2 Organic: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Conventional
8.4.1 Overview
8.4.2 Conventional: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
9. Waxy Maize Starch Market Analysis – By Application
9.1 Overview
9.2 Waxy Maize Starch Market, By Application (2021 and 2028)
9.3 Food and Beverages
9.3.1 Overview
9.3.2 Food and Beverages: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Pharmaceuticals and Nutraceuticals
9.4.1 Overview
9.4.2 Pharmaceuticals and Nutraceuticals: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10. Waxy Maize Starch Market – Geographic Analysis
10.1 Overview
10.2 North America: Waxy Maize Starch Market
10.2.1 North America: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Waxy Maize Starch Market, By Type
10.2.3 North America: Waxy Maize Starch Market, by Category
10.2.4 North America: Waxy Maize Starch Market, By Application
10.2.5 North America: Waxy Maize Starch Market, by Key Country
10.2.5.1 US: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Waxy Maize Starch Market, By Type
10.2.5.1.2 US: Waxy Maize Starch Market, by Category
10.2.5.1.3 US: Waxy Maize Starch Market, by Application
10.2.5.2 Canada: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Waxy Maize Starch Market, By Type
10.2.5.2.2 Canada: Waxy Maize Starch Market, by Category
10.2.5.2.3 Canada: Waxy Maize Starch Market, By Application
10.2.5.3 Mexico: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Waxy Maize Starch Market, By Type
10.2.5.3.2 Mexico: Waxy Maize Starch Market, by Category
10.2.5.3.3 Mexico: Waxy Maize Starch Market, By Application
10.3 Europe: Waxy Maize Starch Market
10.3.1 Europe: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Waxy Maize Starch Market, By Type
10.3.3 Europe: Waxy Maize Starch Market, by Category
10.3.4 Europe: Waxy Maize Starch Market, By Application
10.3.5 Europe: Waxy Maize Starch Market, by Key Country
10.3.5.1 Germany: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Waxy Maize Starch Market, By Type
10.3.5.1.2 Germany: Waxy Maize Starch Market, by Category
10.3.5.1.3 Germany: Waxy Maize Starch Market, By Application
10.3.5.2 France: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Waxy Maize Starch Market, By Type
10.3.5.2.2 France: Waxy Maize Starch Market, by Category
10.3.5.2.3 France: Waxy Maize Starch Market, By Application
10.3.5.3 Italy: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Waxy Maize Starch Market, By Type
10.3.5.3.2 Italy: Waxy Maize Starch Market, by Category
10.3.5.3.3 Italy: Waxy Maize Starch Market, By Application
10.3.5.4 UK: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Waxy Maize Starch Market, By Type
10.3.5.4.2 UK: Waxy Maize Starch Market, by Category
10.3.5.4.3 UK: Waxy Maize Starch Market, By Application
10.3.5.5 Russia: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Waxy Maize Starch Market, By Type
10.3.5.5.2 Russia: Waxy Maize Starch Market, by Category
10.3.5.5.3 Russia: Waxy Maize Starch Market, By Application
10.3.5.6 Rest of Europe: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Waxy Maize Starch Market, By Type
10.3.5.6.2 Rest of Europe: Waxy Maize Starch Market, by Category
10.3.5.6.3 Rest of Europe: Waxy Maize Starch Market, By Application
10.4 Asia Pacific: Waxy Maize Starch Market
10.4.1 Asia Pacific: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia Pacific: Waxy Maize Starch Market, By Type
10.4.3 Asia Pacific: Waxy Maize Starch Market, by Category
10.4.4 Asia Pacific: Waxy Maize Starch Market, By Application
10.4.5 Asia Pacific: Waxy Maize Starch Market, by Key Country
10.4.5.1 Australia: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Waxy Maize Starch Market, By Type
10.4.5.1.2 Australia: Waxy Maize Starch Market, by Category
10.4.5.1.3 Australia: Waxy Maize Starch Market, By Application
10.4.5.2 China: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Waxy Maize Starch Market, By Type
10.4.5.2.2 China: Waxy Maize Starch Market, by Category
10.4.5.2.3 China: Waxy Maize Starch Market, By Application
10.4.5.3 India: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Waxy Maize Starch Market, by Type
10.4.5.3.2 India: Waxy Maize Starch Market, by Category
10.4.5.3.3 India: Waxy Maize Starch Market, by Application
10.4.5.4 Japan: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Waxy Maize Starch Market, By Type
10.4.5.4.2 Japan: Waxy Maize Starch Market, by Category
10.4.5.4.3 Japan: Waxy Maize Starch Market, By Application
10.4.5.5 South Korea: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Waxy Maize Starch Market, By Type
10.4.5.5.2 South Korea: Waxy Maize Starch Market, by Category
10.4.5.5.3 South Korea: Waxy Maize Starch Market, By Application
10.4.5.6 Rest of Asia Pacific: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia Pacific: Waxy Maize Starch Market, By Type
10.4.5.6.2 Rest of Asia Pacific: Waxy Maize Starch Market, by Category
10.4.5.6.3 Rest of Asia Pacific: Waxy Maize Starch Market, By Application
10.5 South and Central America: Waxy Maize Starch Market
10.5.1 South and Central America: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.5.2 South and Central America: Waxy Maize Starch Market, By Type
10.5.3 South and Central America: Waxy Maize Starch Market, by Category
10.5.4 South and Central America: Waxy Maize Starch Market, By Application
10.5.5 South and Central America: Waxy Maize Starch Market, by Key Country
10.5.5.1 Brazil: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 Brazil: Waxy Maize Starch Market, By Type
10.5.5.1.2 Brazil: Waxy Maize Starch Market, by Category
10.5.5.1.3 Brazil: Waxy Maize Starch Market, By Application
10.5.5.2 Argentina: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Argentina: Waxy Maize Starch Market, By Type
10.5.5.2.2 Argentina: Waxy Maize Starch Market, by Category
10.5.5.2.3 Argentina: Waxy Maize Starch Market, By Application
10.5.5.3 Rest of South and Central America: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 Rest of South and Central America: Waxy Maize Starch Market, By Type
10.5.5.3.2 Rest of South and Central America: Waxy Maize Starch Market, by Category
10.5.5.3.3 Rest of South and Central America: Waxy Maize Starch Market, By Application
10.6 Middle East and Africa: Waxy Maize Starch Market
10.6.1 Middle East and Africa: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.6.2 Middle East and Africa: Waxy Maize Starch Market, By Type
10.6.3 Middle East and Africa: Waxy Maize Starch Market, by Category
10.6.4 Middle East and Africa: Waxy Maize Starch Market, By Application
10.6.5 Middle East and Africa: Waxy Maize Starch Market, by Key Country
10.6.5.1 South Africa: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 South Africa: Waxy Maize Starch Market, By Type
10.6.5.1.2 South Africa: Waxy Maize Starch Market, by Category
10.6.5.1.3 South Africa: Waxy Maize Starch Market, By Application
10.6.5.2 Saudi Arabia: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Saudi Arabia: Waxy Maize Starch Market, By Type
10.6.5.2.2 Saudi Arabia: Waxy Maize Starch Market, by Category
10.6.5.2.3 Saudi Arabia: Waxy Maize Starch Market, By Application
10.6.5.3 UAE: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 UAE: Waxy Maize Starch Market, By Type
10.6.5.3.2 UAE: Waxy Maize Starch Market, by Category
10.6.5.3.3 UAE: Waxy Maize Starch Market, By Application
10.6.5.4 Rest of Middle East and Africa: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.4.1 Rest of Middle East and Africa: Waxy Maize Starch Market, by Type
10.6.5.4.2 Rest of Middle East and Africa: Waxy Maize Starch Market, by Category
10.6.5.4.3 Rest of Middle East and Africa: Waxy Maize Starch Market, by Application
11. Impact of COVID-19 Pandemic on Global Waxy Maize Starch Market
11.1 Impact of COVID-19 Pandemic on Waxy Maize Starch Market
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.6 South & Central America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Product Development
13. Company Profiles
13.1 Cargill, Incorporated
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Tate & Lyle PLC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 AGRANA Beteiligungs-AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Manildra Group
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Roquette Frères
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Sinofi Ingredients
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Tokai Denpun Co., Ltd.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Sanwa Starch Co., Ltd.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 New Zealand Starch Limited
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 SAMYANG CORPORATION
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Global Waxy Maize Starch Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Global Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 4. Global Waxy Maize Starch Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 7. North America Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. US Waxy Maize Starch Market, Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. US Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 10. US Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada Waxy Maize Starch Market, Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Waxy Maize Starch Market, Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Europe: Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe: Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe: Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 20. Germany Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 21. Germany Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 22. Germany Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 23. France Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 24. France Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 25. France Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 26. Italy Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 27. Italy Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 28. Italy Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 29. UK Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 30. UK Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 31. UK Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 32. Russia Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 33. Russia Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 34. Russia Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of Europe Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Europe Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of Europe Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 38. Asia Pacific Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 39. Asia Pacific Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 40. Asia Pacific Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 41. Australia Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 42. Australia Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 43. Australia Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 44. China Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 45. China Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 46. China Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 47. India Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 48. India Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 49. India Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 50. Japan Waxy Maize Starch Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 51. Japan Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 52. Japan Waxy Maize Starch Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 53. South Korea Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 54. South Korea Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 55. South Korea Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 56. Rest of Asia Pacific Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 57. Rest of Asia Pacific Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of Asia Pacific Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 59. South and Central America Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 60. South and Central America Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 61. South and Central America Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 62. Brazil Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 63. Brazil Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 64. Brazil Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 65. Argentina Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 66. Argentina Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 67. Argentina Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 68. Rest of South and Central America Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 69. Rest of South and Central America Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 70. Rest of South and Central America Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 71. Middle East and Africa Waxy Maize Starch Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 72. Middle East and Africa Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 73. Middle East and Africa Waxy Maize Starch Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 74. South Africa Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 75. South Africa Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 76. South Africa Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 77. Saudi Arabia Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 78. Saudi Arabia Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 79. Saudi Arabia Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 80. UAE Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 81. UAE Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 82. UAE Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 83. Rest of Middle East and Africa Waxy Maize Starch Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 84. Rest of Middle East and Africa Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 85. Rest of Middle East and Africa Waxy Maize Starch Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 86. List of Abbreviation
LIST OF FIGURES
Figure 1. Global Waxy Maize Starch Market Segmentation
Figure 2. Waxy Maize Starch Market Segmentation – By Geography
Figure 3. Global Waxy Maize Starch Market Overview
Figure 4. Waxy Maize Starch Market, By Category
Figure 5. Waxy Maize Starch Market, By Geography
Figure 6. Global Waxy Maize Starch Market, Industry Landscape
Figure 7. Porter's Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Waxy Maize Starch Market - Ecosystem
Figure 10. Waxy Maize Starch Market Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Waxy Maize Starch Market
Figure 12. Global: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Waxy Maize Starch Market Revenue Share, By Type (2021 and 2028)
Figure 14. Modified Starch: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Native Starch: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Waxy Maize Starch Market Revenue Share, By Category (2021 and 2028)
Figure 17. Organic: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Conventional: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Waxy Maize Starch Market Revenue Share, By Application (2021 and 2028)
Figure 20. Food and Beverages: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Pharmaceuticals and Nutraceuticals: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. Others: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Global Waxy Maize Starch Market Revenue Share, By Region (2021 and 2028)
Figure 24. North America: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America: Waxy Maize Starch Market Revenue Share, By Type (2021 and 2028)
Figure 26. North America: Waxy Maize Starch Market Revenue Share, by Category (2021 and 2028)
Figure 27. North America: Waxy Maize Starch Market Revenue Share, By Application (2021 and 2028)
Figure 28. North America: Waxy Maize Starch Market Revenue Share, by Key Country (2021 and 2028)
Figure 29. US: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Canada: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Mexico: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Europe: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Europe: Waxy Maize Starch Market Revenue Share, By Type (2021 and 2028)
Figure 34. Europe: Waxy Maize Starch Market Revenue Share, by Category (2021 and 2028)
Figure 35. Europe: Waxy Maize Starch Market Revenue Share, By Application (2021 and 2028)
Figure 36. Europe: Waxy Maize Starch Market Revenue Share, by Key Country (2021 and 2028)
Figure 37. Germany: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. France: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Italy: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. UK: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Russia: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Rest of Europe: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Asia Pacific: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Asia Pacific: Waxy Maize Starch Market Revenue Share, By Type (2021 and 2028)
Figure 45. Asia Pacific: Waxy Maize Starch Market Revenue Share, by Category (2021 and 2028)
Figure 46. Asia Pacific: Waxy Maize Starch Market Revenue Share, By Application (2021 and 2028)
Figure 47. Asia Pacific: Waxy Maize Starch Market Revenue Share, by Key Country (2021 and 2028)
Figure 48. Australia: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
Figure 49. China: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
Figure 50. India: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
Figure 51. Japan: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
Figure 52. South Korea: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
Figure 53. Rest of Asia Pacific: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
Figure 54. South and Central America: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. South and Central America: Waxy Maize Starch Market Revenue Share, By Type (2021 and 2028)
Figure 56. South and Central America: Waxy Maize Starch Market Revenue Share, by Category (2021 and 2028)
Figure 57. South and Central America: Waxy Maize Starch Market Revenue Share, By Application (2021 and 2028)
Figure 58. South and Central America: Waxy Maize Starch Market Revenue Share, by Key Country (2021 and 2028)
Figure 59. Brazil: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. Argentina: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. Rest of South and Central America: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. Middle East and Africa: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. Middle East and Africa: Waxy Maize Starch Market Revenue Share, By Type (2021 and 2028)
Figure 64. Middle East and Africa: Waxy Maize Starch Market Revenue Share, by Category (2021 and 2028)
Figure 65. Middle East and Africa: Waxy Maize Starch Market Revenue Share, By Application (2021 and 2028)
Figure 66. Middle East and Africa: Waxy Maize Starch Market Revenue Share, by Key Country (2021 and 2028)
Figure 67. South Africa: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
Figure 68. Saudi Arabia: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
Figure 69. UAE: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
Figure 70. Rest of Middle East and Africa: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
Figure 71. Impact of COVID-19 Pandemic on North American Country Markets
Figure 72. Impact of COVID-19 Pandemic on European Country Markets
Figure 73. Impact of COVID-19 Pandemic on Asia Pacific Country Markets
Figure 74. Impact of COVID-19 Pandemic on the Middle East & African Country Markets
Figure 75. Impact of COVID-19 Pandemic on South & Central American Country Markets
The List of Companies - Waxy Maize Starch Market
- Cargill, Incorporated
- Tate & Lyle PLC
- AGRANA Beteiligungs-AG
- Manildra Group
- Roquette Frères
- Sinofi Ingredients
- Tokai Denpun Co., Ltd.
- Sanwa Starch Co., Ltd.
- New Zealand Starch Limited
- SAMYANG CORPORATION
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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