Diverse Applications of Corn Starch Beyond Cooking and Food and Beverages Industry to Boost its Sales

Diverse Applications of Corn Starch Beyond Cooking and Food and Beverages Industry to Boost its Sales

  • Submitted By: amyjames
  • Date Submitted: 08/31/2016 12:29 AM
  • Category: Business
  • Words: 2043
  • Page: 9

Transparency Market

Corn Starch Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2016 - 2024

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159 Page Report

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Press Release
Global Sales of Corn Starch Notched US$21.2 bn Mark in 2015;
Companies Stretching Application and Innovation Horizon, finds TMR

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Corn Starch Market


A considerable rise in sales has chalked a positive trajectory for the global corn starch market in the last
few years. According to Transparency Market Research (TMR), the market has been gaining impetus from
favorable year-on-year growth in the paper and textile industry. Besides this, a spurt in the consumption of
convenience food across emerging economies has also proved quite lucrative for corn starch producers.
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Over the years, the demand for corn start has been gradually rising. As consumers across emerging
regions look for potential and cheaper alternatives to cane sugar, the future of corn starch producers
seems promising. Maize plantations have a high output and are rich in starch content, which is one of the
key factors fuelling demand for corn starch as a cheaper alternative for cane sugar. In contrast, the
increasing availability of substitutes such as tapioca has been restraining the market’s growth. Potential
health hazards associated with certain industrial uses of corn starch and the subsequent implementation of
stringent laws are also limiting the scope for the market’s expansion
Nevertheless, according to TMR, the global corn starch market is expected to reach US$22.1 bn by the end
of 2016. Between 2016 and 2024, the market is...

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