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According to the reports and data, the Global Industrial Starch Market was valued at USD 92.08 Billion in 2020 and is projected to grow at a CAGR of 6.64% from 2019 to reach USD 151.12 Billion by the year 2028. The most abundant carbohydrate found in the market that acts as a critical factor in determining the quality of food products. Moreover, it is one of the essential polymers that has been extensively used daily in both food and non-food application. It is normally derived from the natural source of polymer, available in plentiful quantity, low cost, and usually consumable and edible by an animal or any living creature. Moreover, it is extracted from a variety of sources worldwide, such as barley, corn, potato, wheat, tapioca, and rice.
Geographically,
the industrial starch market is categorized as Europe, Asia- Pacific, North
America, and The Middle East & Africa. Asia-Pacific region is driven by
growing intake, and sweeteners in China and India. China holds a majority of
the market share in the APAC region. Developing countries like Thailand, China,
and India are in a better position in terms of price cuts. North America and
Europe hold major market share due to the market owing to the growing
industrial packaging and end-use industries.
The
consumer demand in America is demanding for more variety of food and beverage
that can promote healthier diets and lifestyles, and manufacturers are
increasingly looking for new ways to decrease calories, fat, and sugar, and
enrich products. To meet the demand and supply of Latin America, Tate
& Lyle opened new Latin American headquarters and application centers in
Brazil in November 2019.
The
new application center will help industrial starch manufacturers develop
products that meet increasing consumer preferences for healthier, tastier food
and beverages. It is a perfect base used in the manufacturing of
adhesives, particularly those designed to bond paper, in some form, to itself
or to other materials, such as glass, mineral wool, and clay.
The
Industrial Starch market has been segmented into key regions of the world and
offers an analysis of growth rate, market share, market size, current and
emerging trends, production and consumption ratio, industrial chain analysis,
demand and supply, import and export, revenue contribution, and presence of key
players in each region. A country-wise analysis of the market is offered in the
report to gain a better understanding of the regional spread and progress of the
Industrial Starch market.
Get a sample of the report: https://www.reportsanddata.com/sample-enquiry-form/2536
Competitive Landscape:
The
research report offers details about leading companies in the global Industrial
Starch market along with global position, financial standing, license
agreement, products and services portfolio and revenue contribution of each
market player. Key players in the market are focusing on adopting various
strategies such as mergers and acquisition, business expansion plans, new
product launches, partnerships, collaborations, joint ventures to enhance their
product base and gain robust footing in the market.
Some of the Leading Market Players Are Listed Below:
·
Cargill (US),
·
Archer Daniels Midland
Company (US),
·
Ingredion Incorporated
(US)
·
Tate & Lyle PLC (UK),
·
Agrana Beteiligungs-AG
(Austria)
Other players that are
active in the industry and have high revenue share are:
·
Grain Processing Company
(US),
·
Roquette Frères (France),
·
The Tereos Group
(France),
·
Royal Cosun
(Netherlands),
·
Altia Industrial Services
(Finland)
Get more Information
about this Report: https://www.reportsanddata.com/report-detail/industrial-starch-market
Market Segmentation:
The
Global Industrial Starch industries are also studied based on leading segments,
and examines dominant product and application segments in detail. The report
aims to help reader’s benefits from the growth prospects existing in the market
in the global Industrial Starch industries. It offers key information on
drivers and restraints influencing the leading segments in the global Industrial
Starch industries.
Industrial Starch Market Segmentation based on Type Outlook:
· Native starch
· Derivatives & sweeteners
Industrial Starch Market Segmentation based on Form Outlook;
· Dry
· Liquid
Industrial Starch Market Segmentation based on Source Outlook:
· Corn
· Wheat
· Cassava
· Potato
· Other sources
Industrial Starch Market Segmentation based on Application Outlook:
· Food & beverage
· Feed
· Paper Making & Corrugation
· Other applications
For
comprehensive coverage, the report discusses growth prospects, opportunities,
and challenges. The market report considers various key factors across the
leading regions.
Industrial Starch Market Segmentation based on
Regions:
· North
America (U.S., Canada, Mexico)
· Europe
(Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)
· Asia
Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
· Latin
America (Brazil, Rest of Latin America)
· Middle
East & Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East & Africa)
Key Features of the global Industrial Starch Market:
· The
report offers detailed estimations at the regional level with manufacturers,
consumption, sales and import/export dynamics.
· The
report provides accurate details related of the manufacturers/vendors in the
market, company overview, pricing analysis, financial standing, product
portfolio, and gross profit of leading companies.
· Company
profiling with prevalent expansion strategies, revenue generation, and recent
developments.
· Optimum
strategic initiatives for new players in the market.
· Manufacturing
processes, suppliers, cost, rates of production and consumption, transport mode
and cost structuring, and value chain analysis.
· The
study also includes supply chain trends, including elaborate descriptions of
the latest technological development
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Thank
you for reading our research report. We also offer report customization as per
client requirement. Kindly contact us to know more about the customization plan
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Key questions addressed in the Report:
· Which
key players are operating in the global Industrial Starch market?
· Which
key factors are expected to hamper global market revenue growth?
· What
market size is the global Industrial Starch market expected to reach throughout
the forecast period?
· Which
application segment revenue is expected to expand at a rapid CAGR between 2021
and 2028?
· Which
region is expected to account for robust revenue share throughout the forecast
period?
· Which
regional segment is expected to register fastest revenue CAGR throughout the
forecast period?
· What
revenue CGAR is the global Industrial Starch market expected to register during
the forecast period?
· What
are the key outcomes of Porter’s Five Force analysis of the Industrial Starch
market?
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