According to the report, the global native corn starch market attained a value of xx in 2022. Aided by the growing demand for natural and clean-label ingredients in the food and beverage industry, the market is projected to further grow at a CAGR of xx% between 2023 and 2028 to reach a value of xx by 2028.
Native corn starch is a carbohydrate extracted from the endosperm of corn kernels. It is a white, odourless, and tasteless powder widely used as a thickening, texturising, and stabilising agent in various food and industrial applications. It is considered a clean-label ingredient, as it is derived from a natural and renewable source, and it does not undergo any chemical modification during the extraction process.
The global native corn starch market growth is primarily driven by the increasing demand for natural and clean-label ingredients in the food and beverage industry. As consumers become more health-conscious and prefer food products with minimal processing and fewer artificial additives, manufacturers are seeking natural alternatives to traditional ingredients. A variety of food products, including bakery goods, soups, sauces, dressings and confectionery items, are increasingly using native corn starch.
Another factor contributing to the native corn starch market expansion is its extensive use in the pharmaceutical industry. Native corn starch is utilised as an excipient in the formulation of tablets, capsules, and other pharmaceutical products, owing to its binding, disintegrating, and flow properties. The growing pharmaceutical industry, coupled with the rising demand for excipients derived from natural sources, is expected to further bolster the market growth.
In addition to its applications in the food and pharmaceutical sectors, native corn starch is also used in various industrial applications, such as paper and textile manufacturing, as well as in the production of adhesives and biodegradable plastics. The expansion of these industries, particularly in emerging economies, is anticipated to propel the growth of the global native corn starch market in the coming years.
Furthermore, the increasing focus on research and development to enhance the functional properties and applications of native corn starch is expected to support the native corn starch market development. For instance, researchers are exploring the potential use of native corn starch in the production of functional and dietary fibre-rich food products, which can offer additional health benefits to consumers.
Native corn starch is a carbohydrate extracted from the endosperm of corn kernels. It is a white, odourless, and tasteless powder widely used as a thickening, texturising, and stabilising agent in various food and industrial applications. It is considered a clean-label ingredient, as it is derived from a natural and renewable source, and it does not undergo any chemical modification during the extraction process.
The global native corn starch market growth is primarily driven by the increasing demand for natural and clean-label ingredients in the food and beverage industry. As consumers become more health-conscious and prefer food products with minimal processing and fewer artificial additives, manufacturers are seeking natural alternatives to traditional ingredients. A variety of food products, including bakery goods, soups, sauces, dressings and confectionery items, are increasingly using native corn starch.
Another factor contributing to the native corn starch market expansion is its extensive use in the pharmaceutical industry. Native corn starch is utilised as an excipient in the formulation of tablets, capsules, and other pharmaceutical products, owing to its binding, disintegrating, and flow properties. The growing pharmaceutical industry, coupled with the rising demand for excipients derived from natural sources, is expected to further bolster the market growth.
In addition to its applications in the food and pharmaceutical sectors, native corn starch is also used in various industrial applications, such as paper and textile manufacturing, as well as in the production of adhesives and biodegradable plastics. The expansion of these industries, particularly in emerging economies, is anticipated to propel the growth of the global native corn starch market in the coming years.
Furthermore, the increasing focus on research and development to enhance the functional properties and applications of native corn starch is expected to support the native corn starch market development. For instance, researchers are exploring the potential use of native corn starch in the production of functional and dietary fibre-rich food products, which can offer additional health benefits to consumers.
Market Segmentation
The market can be divided based on application and region.Market Breakup by Application
- Pharmaceuticals
- Food and Beverages
- Paper Industry
- Personal Care and Cosmetics industry
- Pet Foods
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global native corn starch companies. Some of the major key players explored in the report are as follows:- Cargill, Incorporated
- Roquette Frères
- Tereos Group
- Gulshan Polyols Ltd
- HL Agro Products Pvt. Ltd
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Industry Opportunities and Challenges12 Value Chain Analysis14 Price Analysis16 Industry Events and Developments
3 Report Description
5 Executive Summary
6 Market Snapshot
8 Global Corn Market Overview
9 Global Native Corn Starch Market Analysis
10 Regional Analysis
11 Market Dynamics
13 Trade Data Analysis (HS Code - 110812)
15 Competitive Landscape
Companies Mentioned
- Cargill, Incorporated.
- Roquette Frères
- Tereos Group
- Gulshan Polyols Ltd.
- HL Agro Products Pvt. Ltd.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 121 |
| Published | March 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value in 2023 | 15336 KMT |
| Forecasted Market Value by 2028 | 18320.56 KMT |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
