The waxy maize starch market in MEA is expected to grow from US$ 127.07 million in 2022 to US$ 197.93 million by 2028. It is estimated to grow at a CAGR of 7.7% from 2022 to 2028.
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. Companies are launching new products with unique properties to cater to changing consumer requirements. For instance, in November 2020, Ingredion launched organic instant functional native starch NOVATION 9460. The product is derived from waxy maize. It controls rheological behavior in cake batters, sauces, or other semi-liquids by providing instant viscosity. It can also be used in sweet applications, such as cream and fruit-based fillings, as well as in savory applications, such as sauces and dressings, to enhance their appearance and texture. Such innovative products are gaining huge popularity among consumers. Therefore, rising strategic developments by market players are expected to provide immense opportunities to the waxy maize starch market during the forecast period.Market Overview
MEA Waxy Maize Starch Market Segmentation
The MEA waxy maize starch market is segmented into type, category, application, and country.- Based on type, the market is segmented into native starch and modified starch. The native starch segment registered a larger market share in 2022.
- Based on category, the MEA waxy maize starch market is segmented into organic and conventional. The conventional segment registered a larger market share in 2022.
- Based on application, the MEA waxy maize starch market is segmented into food and beverages, pharmaceuticals and nutraceuticals, and others. The food and beverages segment registered the largest market share in 2022.
- Based on country, the market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. Rest of MEA dominated the market share in 2022.
Table of Contents
1. Introduction1.1 Study Scope
1.2 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
4. MEA 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. MEA 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 - MEA Market Analysis
6.1 MEA Waxy Maize Starch Market -Revenue and Forecast to 2028
7. MEA Waxy Maize Starch Market Analysis - By Type
7.1 Overview
7.2 MEA 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. MEA 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. MEA 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. MEA Waxy Maize Starch Market - Country Analysis
10.1 Overview
10.1.1 Middle East and Africa: Waxy Maize Starch Market, by Key Country
10.1.1.1 South Africa: Waxy Maize Starch Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 South Africa: Waxy Maize Starch Market, By Type
10.1.1.1.2 South Africa: Waxy Maize Starch Market, by Category
10.1.1.1.3 South Africa: Waxy Maize Starch Market, By Application
10.1.1.2 Saudi Arabia: Waxy Maize Starch Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Saudi Arabia: Waxy Maize Starch Market, By Type
10.1.1.2.2 Saudi Arabia: Waxy Maize Starch Market, by Category
10.1.1.2.3 Saudi Arabia: Waxy Maize Starch Market, By Application
10.1.1.3 UAE: Waxy Maize Starch Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 UAE: Waxy Maize Starch Market, By Type
10.1.1.3.2 UAE: Waxy Maize Starch Market, by Category
10.1.1.3.3 UAE: Waxy Maize Starch Market, By Application
10.1.1.4 Rest of Middle East and Africa: Waxy Maize Starch Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Rest of Middle East and Africa: Waxy Maize Starch Market, by Type
10.1.1.4.2 Rest of Middle East and Africa: Waxy Maize Starch Market, by Category
10.1.1.4.3 Rest of Middle East and Africa: Waxy Maize Starch Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Product Development
12. Company Profiles
12.1 Cargill, Incorporated
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Tate & Lyle PLC
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 AGRANA Beteiligungs-AG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Roquette Frères
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Sinofi Ingredients
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Tokai Denpun Co., Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Word Index
List of Tables
Table 1. MEA Waxy Maize Starch Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. South Africa Waxy Maize Starch Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa Waxy Maize Starch Market, by Category - Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa Waxy Maize Starch Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia Waxy Maize Starch Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. Saudi Arabia Waxy Maize Starch Market, by Category - Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia Waxy Maize Starch Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 8. UAE Waxy Maize Starch Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 9. UAE Waxy Maize Starch Market, by Category - Revenue and Forecast to 2028 (US$ Million)
Table 10. UAE Waxy Maize Starch Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of Middle East and Africa Waxy Maize Starch Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Middle East and Africa Waxy Maize Starch Market, by Category - Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Middle East and Africa Waxy Maize Starch Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
List of Figures
Figure 1. MEA Waxy Maize Starch Market Segmentation
Figure 2. MEA Waxy Maize Starch Market Segmentation - By Country
Figure 3. MEA Waxy Maize Starch Market Overview
Figure 4. MEA Waxy Maize Starch Market, By Type
Figure 5. MEA Waxy Maize Starch Market, By Country
Figure 7. Porter's Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Waxy Maize Starch Market - Ecosystem
Figure 10. MEA Waxy Maize Starch Market Impact Analysis of Drivers and Restraints
Figure 11. MEA: Waxy Maize Starch Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. MEA Waxy Maize Starch Market Revenue Share, By Type (2021 and 2028)
Figure 13. MEA Modified Starch: Waxy Maize Starch Market - Revenue and Forecast To 2028 (US$ Million)
Figure 14. MEA Native Starch: Waxy Maize Starch Market - Revenue and Forecast To 2028 (US$ Million)
Figure 15. MEA Waxy Maize Starch Market Revenue Share, By Category (2021 and 2028)
Figure 16. MEA Organic: Waxy Maize Starch Market - Revenue and Forecast To 2028 (US$ Million)
Figure 17. MEA Conventional: Waxy Maize Starch Market - Revenue and Forecast To 2028 (US$ Million)
Figure 18. MEA Waxy Maize Starch Market Revenue Share, By Application (2021 and 2028)
Figure 19. MEA Food and Beverages: Waxy Maize Starch Market - Revenue and Forecast To 2028 (US$ Million)
Figure 20. MEA Pharmaceuticals and Nutraceuticals: Waxy Maize Starch Market - Revenue and Forecast To 2028 (US$ Million)
Figure 21. MEA Others: Waxy Maize Starch Market - Revenue and Forecast To 2028 (US$ Million)
Figure 22. MEA: Waxy Maize Starch Market, by Key Country - Revenue (2021) (US$ Million)
Figure 23. Middle East and Africa: Waxy Maize Starch Market Revenue Share, by Key Country (2021 and 2028)
Figure 24. South Africa: Waxy Maize Starch Market -Revenue and Forecast to 2028 (US$ Million)
Figure 25. Saudi Arabia: Waxy Maize Starch Market -Revenue and Forecast to 2028 (US$ Million)
Figure 26. UAE: Waxy Maize Starch Market -Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of Middle East and Africa: Waxy Maize Starch Market -Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned
- AGRANA Beteiligungs-AG
- Cargill, Incorporated
- Roquette Frères
- Sinofi Ingredients
- Tate & Lyle PLC
- Tokai Denpun Co., Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 93 |
| Published | December 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 127.07 Million |
| Forecasted Market Value ( USD | $ 197.93 Million |
| Compound Annual Growth Rate | 7.7% |
| Regions Covered | Africa, Middle East |
| No. of Companies Mentioned | 6 |
