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The global native corn starch market reached a value of about USD 5.78 billion in 2021. The industry is further expected to grow at a CAGR of 5.4% in the forecast period of 2024-2032 to reach a value of around USD 8.29 billion by 2027.
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The increasing demand for native corn starch in the food industry in the production of food products, such as pudding, sauces, and pies, owing to its enhanced thickening power, is projected to support the market growth in the forecast period. Also, the growing demand for clean labelled products due to the surging health consciousness is also boosting the market as people are growing more aware of the qualities of native corn starch over modified ones. Moreover, the rising inclination of people towards convenient food solutions, owing to the growing working population and their hectic schedules is anticipated to lead to the growth of the market. Furthermore, the expanding varieties of dishes that can be prepared using native corn starch is also contributing to the growth of the market.
North America is leading the market for native corn starch due to the rapidly expanding workforce in the region and their increased demand towards ready-to-eat foods. In addition, the increased demand for clean-labelled corn starch products that are minimally processed, and not chemically modified is also projected to compel the market players to produce organic native corn starch in the forecast period. Meanwhile, the Asia Pacific region is also expected to hold a substantial market share, which can be attributed to the intensive agriculture of maize in Southeast Asian countries because of the favourable climatic conditions and geographical location.
The native corn starch is the most common form of corn starch, also known as unmodified or regular corn starch. It is produced by simply drying the starch from the corn wet milling process and is the most abundant carbohydrate reserve in plants. It is available in various physical forms like coarse or fine powders, pearls, flakes, and larger particles.
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The native corn starch industry, based on application, is divided into:
The regional markets for native corn starch can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East, and Africa.
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The growing investments by the leading market players in the development of new varieties of native corn starch and the rapid expansion of the production capacity are projected to support the industry growth in the forecast period. For instance, in July 2020, Ingredion Incorporated launched three new organic native starches, namely PURITY Bio 201 organic native corn starch, PURITY Bio 301 organic native tapioca starch, and PURITY Bio 805 organic native waxy rice starch in the US and Canada. This can be attributed to the heightened demand for native corn starch across food and beverage industry, owing to its low cost and easy availability. In addition, the growing consumer demand for plant-based and premium quality starch solutions, fuelled by the improved living standards and the inflating disposable incomes, is projected to support the market growth. Also, the increasing use of native corn starch in industries due to its highly oxygenated carbon compounds make it an excellent chemical feedstock. Furthermore, the versatility of native corn starch leads to its varied use as disintegrants, binders, and fillers in various industries such as pharmaceuticals, nutraceuticals, paper, and food, amongst others, which is predicted to bolster the market growth.
The report gives a detailed analysis of the following key players in the global native corn starch market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2021, the global native corn starch market attained a value of nearly USD 5.78 billion.
The market is projected to grow at a CAGR of 5.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach almost USD 8.29 billion by 2027.
The major industry drivers are rising inclination towards clean label ingredients, expanding uses of native corn starch in various industries, increased consumer demand for packaged and ready-to-cook foods, improved living standards of the consumers, and surging health consciousness.
The key industry trends guiding the growth of the industry include the increased research and development activities by the leading market players.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East, and Africa.
The major applications of the product are pharmaceuticals, food and beverages, paper industry, personal care and cosmetics industry, pet foods. and others.
The major players in the industry are Cargill, Incorporated., Roquette Frères, Tereos Group, Gulshan Polyols Ltd., and HL Agro Products Pvt. Ltd., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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