Global Native Corn Starch Market Report and Forecast 2023-2028

Global Native Corn Starch Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global native corn starch market attained a value of xx in 2022. Aided by the growing demand for natural and clean-label ingredients in the food and beverage industry, the market is projected to further grow at a CAGR of xx% between 2023 and 2028 to reach a value of xx by 2028.

Native corn starch is a carbohydrate extracted from the endosperm of corn kernels. It is a white, odourless, and tasteless powder widely used as a thickening, texturising, and stabilising agent in various food and industrial applications. It is considered a clean-label ingredient, as it is derived from a natural and renewable source, and it does not undergo any chemical modification during the extraction process.

The global native corn starch market growth is primarily driven by the increasing demand for natural and clean-label ingredients in the food and beverage industry. As consumers become more health-conscious and prefer food products with minimal processing and fewer artificial additives, manufacturers are seeking natural alternatives to traditional ingredients. A variety of food products, including bakery goods, soups, sauces, dressings and confectionery items, are increasingly using native corn starch.

Another factor contributing to the native corn starch market expansion is its extensive use in the pharmaceutical industry. Native corn starch is utilised as an excipient in the formulation of tablets, capsules, and other pharmaceutical products, owing to its binding, disintegrating, and flow properties. The growing pharmaceutical industry, coupled with the rising demand for excipients derived from natural sources, is expected to further bolster the market growth.

In addition to its applications in the food and pharmaceutical sectors, native corn starch is also used in various industrial applications, such as paper and textile manufacturing, as well as in the production of adhesives and biodegradable plastics. The expansion of these industries, particularly in emerging economies, is anticipated to propel the growth of the global native corn starch market in the coming years.

Furthermore, the increasing focus on research and development to enhance the functional properties and applications of native corn starch is expected to support the native corn starch market development. For instance, researchers are exploring the potential use of native corn starch in the production of functional and dietary fibre-rich food products, which can offer additional health benefits to consumers.

Market Segmentation

The market can be divided based on application and region.

Market Breakup by Application

• Pharmaceuticals
• Food and Beverages
• Paper Industry
• Personal Care and Cosmetics industry
• Pet Foods
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global native corn starch companies. Some of the major key players explored in the report by Expert Market Research are as follows:

• Cargill, Incorporated.
• Roquette Frères
• Tereos Group
• Gulshan Polyols Ltd.
• HL Agro Products Pvt. Ltd.
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.