In 2020, the global market for Modified Corn Starch was strong and is predicted to maintain a consistent revenue growth rate over the forecast period due to its diverse applications in various industries and associated benefits. Starch, a colorless and tasteless chemical found in numerous plant tissues and mostly derived from corn, grains, and potatoes, is essential to human diets as it aids in the storage of carbohydrates in the body. Corn starch, also called corn flour or maize starch, is produced through a series of wet milling, steeping, grinding, purifying, and drying corn grains. Corn starch is a prevalent food ingredient worldwide and is extensively used in the packaged food and food processing industries. Maize starch, which is derived from the kernel of corn, provides food products such as microwaveable foods, canned, chilled, frozen, extruded snacks, and dry mixes with improved texture, viscosity, and other desirable qualities.
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Top Companies Operating in the Global Acid-Modified Corn Starch Market Report:
- Cargill
- Argo
- Roquette
- Gea
- AVEBE
- Japan Corn Starch
- Sanwa Starch
- COFCO
- Agrana
- Spac Starch Products
- Xiwang Group
- Tate and Lyle
- Penford Products
- Wanshunda Group
- Hebei Derui Starch Company
- Corn Development Company
- Longlive
- Ingredion
- Nihon Shokuhin Kako
- Luzhou Group
- Lihua Starch
Restraining Growth Of The Global Acid-Modified Corn Starch Market
- Although the global Acid-Modified Corn Starch Market is experiencing significant growth, there are also some factors that are restraining its growth. One of the primary factors is the increasing demand for alternatives such as tapioca starch, potato starch, and other modified starches, which may limit the market growth.
- Moreover, the fluctuation in raw material prices, including corn, may also negatively impact the market growth, as it can affect the profit margins of manufacturers and limit their ability to offer competitive prices.
- Furthermore, the availability of substitutes such as modified wheat and rice starches, which are becoming increasingly popular in the food and beverage industry, may also hinder the growth of the Acid-Modified Corn Starch Market.
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The global Acid-Modified Corn Starch Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Product Type Outlook (Revenue, USD Billion; 2018-2028)
- Oxidized Corn Starch
- Acid-modified Corn Starch
- Cationic Wet End Corn Starch
Application Outlook (Revenue, USD Billion; 2018-2028)
- Paper Industry
- Textile Industry
- Manufacturing Industry
- Drug Formulations
- Food and Beverages Products
- Animal Feed
- Others
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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