IMARC Group’s latest study “Corn Starch Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” finds that the global corn starch market has grown at a CAGR of 3.6% during 2008-2015 reaching volumes around 66 Million Tons in 2015. Currently, corn accounts for around 80% of the global starch production, representing the most popular feedstock of the industry followed by wheat, cassava and potato. Expanding applications of corn starch in food and beverages, desserts and dairy products, processed foods, pet food, animal feed, textile and paper industry are currently driving the growth of this market.
The study has segmented the market on the basis of region, analysing the corn starch production in the United States, European Union, China, India, Indonesia, Spain, Turkey, Germany, Netherlands, Italy, Republic of Korea and Brazil. The United States represented the largest producer of corn starch accounting for around 60% of the global production in 2015. The United States was followed by China and the European Union. India represented the biggest exporter of corn starch accounting for 15% of the global exports. India was followed by Spain, Turkey, Germany, the United States, Netherlands, China, Italy, Republic of Korea and Brazil. The study has also analysed some of the key players in the market. Cargill represented the world’s largest corn starch manufacturer, followed by Ingredion, ADM, Tate & Lyle and Roquette.
The report provides a detailed roadmap for setting up a corn starch manufacturing plant. The study, done by one of the world’s leading research and advisory firms, covers all of the essential aspects of the global corn starch market. This ranges from a comprehensive view of the market to minute 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 market in any manner.
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