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Corn Starch Market globally will exceed US$ 50 Billion by the end of year 2024

Press release   •   Mar 07, 2018 02:31 EST

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By the year 2024, Global Corn Starch Marketto be an opportunity of more than US$ 50 Billion. Starch is tasteless, white, solid carbohydrates that were extracted from agricultural raw materials like rice, potatoes, wheat, cassava, corn, etc. Additions of corn starch in the food items is used to add flavor as well as taste to the foods. Corn starch is being widely used in soups, desserts as well as in sauces etc. and in enormous non-food items. Many industries use corn starch not only in the food, but in various other purposes.

Corn starch referred as corn flour, is a carbohydrate extracted from endosperm of corn. As these are used in households, different industries as well as appetizers. Due to its thickening agent and stabilizer, corn starch is high in demand in various industries. Factors that are driving the corn starch market globally are high demands of corn starch in food and non-food industries, adoption in food & beverages growing worldwide, increasing replacement trend of petroleums, etc.

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Apart from that, Corn starch market is classified as Native starch, Sweeteners as well as Modified starch. As we all know that, corn starch is used in the food products in order to give taste and flavor.

Companies working in Corn Starch Market

Companies working in corn starch market are Cargill, Ingredion, Archer Daniels Midland Company, Tate & Lyle, Riddhi Siddhi Gluco Biols LTD, Gulshan Polyols Limited. One of the leading companies in Corn starch market, Cargill, has aimed to diversify and grow its product at its sweeteners and starch plant in Krefeld (Germany) with products like specialized industrial wheat starches, vegetable wheat protein, and advanced bio-fuel.

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Cargill is investigating the chance to offer the customers progressed bio-fuel created from low esteem streams. The company's corn handling office at Krefeld delivers excellent sweeteners and starches from corn with modern applications.

Tate & Lyle is partnered with TASTEVA Stevia Sweetener to deliver a better tasting solution which is appropriate for use in no sugar added, sugar free, and reduced sugar beverages and foods.

Years of research and development Ingredion launched NOVATION PRIMA clean label starches combine thickness with melted stability, high freeze, which allow manufacturers to store products or produce in advance for longer times without compromising on the eating experience of their foodstuffs.

Archer Daniels Midlands company (ADM) brings newly comprehensive range of sweeteners from corn, wheat, etc. Consumers across the nations want great tasting food and beverages that led the companies around the globe to innovate the products in order to give the consumers a great taste in food as well as non food items.

Segmentation - By Application

On the basis of its application the Cornstarch market is used in many industries say for instance, Corrugating and Paper Making, Confectionery and drinks, Pharmaceuticals, Chemical industries, Processed food as well as other non food industries. Besides, Cornstarch gives texture and consistency in the final products in industries like Pharmaceuticals, Confectionery, bakery processed foods as well as in Diary products.

Segmentation - By Region

On the basis of Region, North America and Asia Pacifics region captures the Corn starch market globally. Apart from that, this report classifies the Cornstarch market into Asia-Pacifics, North America, Europe as well as Rest of the world.

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