After cellulose, starch is the most abundant carbohydrate in nature. It is present in seeds, roots and tubers of higher plants for energy storage. Starch can be extracted from a wide variety of agricultural products. These include – corn, cassava, wheat and potato and in a lesser amount from rice, barley, sorghum, sago, etc. Corn currently represents the most popular feedstock accounting for around 80% of the total global starch production.
Corn starch is obtained from the endosperm of the corn kernel and has wide applications as a food ingredient, sweeteners, ethanol, paper making, etc. The United States is currently the biggest producer of corn starch. The United States was followed by China and Europe. The top 5 players currently account for around one third of the total corn starch produced worldwide. Some of the key manufacturers of corn starch include Cargill, Ingredion, ADM, Tate & Lyle, Roquette etc. Looking forward, we expect the global corn starch market to grow at a CAGR of around 4% during the forecast period
IMARC’s latest study “Corn Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” provides a techno-commercial roadmap for setting up a corn starch manufacturing plant. The study, which has been done by one of the world’s leading research and advisory firms, covers all the requisite aspects of the corn starch industry. This ranges from macro overview of the market to micro details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the corn starch industry in any manner.
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