According to the latest report by IMARC Group, titled “North America Corn Starch Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the North America corn starch market reached a volume of 58.7 Million Tons in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 3.1% during 2021-2026.
Corn starch is a gluten-free, odorless, and colorless powder derived from the endosperm of the corn kernel. It is a rich source of energy and its consumption prevents low blood sugar in health conditions, such as nocturnal hypoglycemia. It is commonly utilized as a thickening agent in the preparation of marinade, sauce, stew, gravy, glaze, and soup recipes. Besides this, it is also used to coat fruits in tarts, pies, and other deserts across the North American region.
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Corn starch is employed in the pharmaceutical industry of the North American region as a disintegrant and binder in tablets, emulsions, and ointments. It also finds extensive applications in the textile, paper and corrugate, and animal feed industries across the region. Apart from this, it is gaining immense popularity due to its usage in distinctive culinary, household, and industrial purposes. Furthermore, the market is driven by the rising consumption of ready-to-eat (RTE) food mix and instant food items.
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Key Market Segmentation:
Breakup by Type:
- Native Starch
- Modified Starch
Breakup by Application:
- Food and Beverages
- Animal Feed
- Pharmaceuticals and Chemicals
- Paper and Corrugates
Competitive Landscape with key players:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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