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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. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Corn starch is a type of food ingredient extracted from the endosperm of a corn kernel. It acts as a source of energy and helps in preventing low blood sugar in human health conditions such as nocturnal hypoglycemia. For the food-based applications, corn starch is used as a thickening agent for sauces, gravies, glazes and desserts. It also has some non-food applications as it is used in the production of paper and glue.
North America represents one of the leading markets for corn starch in the world pertaining to its usage for distinctive culinary, household and industrial purposes in the region. Increasing consumption of ready-to-eat food mix and instant food items has spur the demand of corn starch. It is also employed in the production of corn syrup and bioplastics. Rising utilization of corn starch in the pharmaceuticals and chemicals, textiles, paper and corrugates, and animal feed industries will continue to fuel the demand in forthcoming years.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Application, Country|
|Countries Covered||United States, Canada, Mexico|
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