Market Overview:
The global modified corn starch market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for textiles, food & beverage products, and drug formulations across the globe. In terms of type, oxidized corn starch is expected to lead the global modified corn starch market during the forecast period owing to its properties such as water resistance and high heat stability. In terms of application, textiles manufacturing is expected to account for a major share of the global modified corn starch market during the forecast period owing to its growing demand from countries such as China and India.
Product Definition:
modified corn starch is a type of corn starch that has been chemically modified to change its properties. it is used in food products as a thickener, stabilizer, and emulsifier.
Oxidized Corn Starch:
oxidized corn starch is a product derived from corn grain. It is used as an additive in modified corn starch to improve the rheological properties and provide better texture. The product also helps to increase the viscosity of modified corn starch, which makes it suitable for use in food products such as jellies, sauces and other processed foods that require a thickening agent.
Acid-modified Corn Starch:
Acid-modified corn starch is a food ingredient derived from the endosperm of corn grain. It is used as an additive in foods to provide viscosity and body without floury texture and also helps in maintaining the color of food products. The product finds application in confectionery, bakery, dairy & frozen products along with animal feed as a thickening agent.
Application Insights:
The textile manufacturing application segment led the market and accounted for more than 35.0% share of the global revenue in 2017. The product is widely used in the manufacture of textiles owing to its excellent thickening and gelling properties, which help improve fabric quality. It can be used as an alternative to conventional thickeners such as xanthan gum and guar gum due to its lower price point, better stability during processing, higher water solubility, improved rheology characteristics including flow behavior and suspension strength compared with these traditional thickeners.
Modified corn starch can also be used as a binder in paper manufacturing process due to its high viscosity that helps prevent ink from spreading on paper surface making it look dull or blurred when printed out.
Regional Analysis:
North America is expected to be the largest market for GMM corn starch over the forecast period. The U.S., in particular, is one of the major producers and consumers of GM corn starch owing to its large textile manufacturing industry. Asia Pacific is anticipated to witness significant growth in future due to rising demand from end-use industries such as paper, textiles, food & beverage and pharmaceuticals coupled with growing population and disposable income levels in emerging economies including China, India and Thailand (CIT).
The European region accounted for a share of more than 20% in terms of volume consumed globally owing to high demand from paper manufacturing sector along with increasing applications scope within other end-use industries such as textiles processing machinery etc. Latin America also contributed significantly towards consumption share both regionally as well as globally on account rise application scope within textile industry coupled with drug formulations which will be covered later in this research study under Cargill's modified starches section titled "Recent Developments".
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increase in the demand for convenience foods. Modified corn starch is used as a thickener and stabilizer in many convenience food products, such as ready-to-eat meals, sauces, and dips. This is driving the growth of the modified corn starch market.
- Rising awareness about health benefits of modified corn starch: Modified corn starch is a healthy alternative to other thickeners and stabilizers such as flour or gelatin. It contains no gluten or cholesterol and is low in fat and calories. This is making it popular among health-conscious consumers, which is driving the growth of the modified corn starch market.
- Growing demand from emerging markets: The majority of the global population resides in developing countries where there is a growing demand for processed foods due to changing lifestyles and increasing disposable incomes. Modified corn starch finds wide applications in processed food products owing to its functional properties such as thickening, stabilization, emulsification etc., which makes it an ideal ingredient for these regions’ burgeoning processed food industry segments .This is propelling the growth of the global modified cornstarch market.. 4) Technological advancements: The development of new production technologies has helped reduce manufacturing costs associated with producing modified maize starches thereby making them more affordable for manufacturers across various industries segments This has resulted into increased adoption rates across various industrial applications ,thus fuellingthe overallgrowthof themarket 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Modified Corn Starch Market Research Report
By Type
Oxidized Corn Starch, Acid-modified Corn Starch, Cationic Wet End Corn Starch
By Application
Textiles Manufacturing, Paper Industry, Drug Formulations, Food & Beverage Products, Animal Feed
By Companies
Tate & Lyle, ADM, Ingredion, Roquette, Nihon Shokuhin Kako, Japan Corn Starch, Sanwa Starch, Grain Processing Corporation, New Zealand Starch, Tongaat Hulett Starch, Nippon Starch Chemical, Agrana, Global Bio-Chem Technology Group, Spac Starch Products, Qingdao Nutrend Biotech, Zhucheng Xingmao, Xiwang Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Modified Corn Starch Market Report Segments:
The global Modified Corn Starch market is segmented on the basis of:
Types
Oxidized Corn Starch, Acid-modified Corn Starch, Cationic Wet End Corn Starch
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Textiles Manufacturing, Paper Industry, Drug Formulations, Food & Beverage Products, Animal Feed
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tate & Lyle
- ADM
- Ingredion
- Roquette
- Nihon Shokuhin Kako
- Japan Corn Starch
- Sanwa Starch
- Grain Processing Corporation
- New Zealand Starch
- Tongaat Hulett Starch
- Nippon Starch Chemical
- Agrana
- Global Bio-Chem Technology Group
- Spac Starch Products
- Qingdao Nutrend Biotech
- Zhucheng Xingmao
- Xiwang Group
Highlights of The Modified Corn Starch Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Oxidized Corn Starch
- Acid-modified Corn Starch
- Cationic Wet End Corn Starch
- By Application:
- Textiles Manufacturing
- Paper Industry
- Drug Formulations
- Food & Beverage Products
- Animal Feed
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Modified Corn Starch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Modified corn starch is a type of corn starch that has been modified to improve its performance in food applications. Modified corn starches are often more stable and less likely to cause food allergies than traditional starches.
Some of the major players in the modified corn starch market are Tate & Lyle, ADM, Ingredion, Roquette, Nihon Shokuhin Kako, Japan Corn Starch, Sanwa Starch, Grain Processing Corporation, New Zealand Starch, Tongaat Hulett Starch, Nippon Starch Chemical, Agrana, Global Bio-Chem Technology Group, Spac Starch Products, Qingdao Nutrend Biotech, Zhucheng Xingmao, Xiwang Group.
The modified corn starch market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Modified Corn Starch Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Modified Corn Starch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Modified Corn Starch Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Modified Corn Starch Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Modified Corn Starch Market Size & Forecast, 2018-2028
4.5.1 Modified Corn Starch Market Size and Y-o-Y Growth
4.5.2 Modified Corn Starch Market Absolute $ Opportunity
Chapter 5 Global Modified Corn Starch Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Modified Corn Starch Market Size Forecast by Type
5.2.1 Oxidized Corn Starch
5.2.2 Acid-modified Corn Starch
5.2.3 Cationic Wet End Corn Starch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Modified Corn Starch Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Modified Corn Starch Market Size Forecast by Applications
6.2.1 Textiles Manufacturing
6.2.2 Paper Industry
6.2.3 Drug Formulations
6.2.4 Food & Beverage Products
6.2.5 Animal Feed
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Modified Corn Starch Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Modified Corn Starch Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Modified Corn Starch Analysis and Forecast
9.1 Introduction
9.2 North America Modified Corn Starch Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Modified Corn Starch Market Size Forecast by Type
9.6.1 Oxidized Corn Starch
9.6.2 Acid-modified Corn Starch
9.6.3 Cationic Wet End Corn Starch
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Modified Corn Starch Market Size Forecast by Applications
9.10.1 Textiles Manufacturing
9.10.2 Paper Industry
9.10.3 Drug Formulations
9.10.4 Food & Beverage Products
9.10.5 Animal Feed
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Modified Corn Starch Analysis and Forecast
10.1 Introduction
10.2 Europe Modified Corn Starch Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Modified Corn Starch Market Size Forecast by Type
10.6.1 Oxidized Corn Starch
10.6.2 Acid-modified Corn Starch
10.6.3 Cationic Wet End Corn Starch
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Modified Corn Starch Market Size Forecast by Applications
10.10.1 Textiles Manufacturing
10.10.2 Paper Industry
10.10.3 Drug Formulations
10.10.4 Food & Beverage Products
10.10.5 Animal Feed
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Modified Corn Starch Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Modified Corn Starch Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Modified Corn Starch Market Size Forecast by Type
11.6.1 Oxidized Corn Starch
11.6.2 Acid-modified Corn Starch
11.6.3 Cationic Wet End Corn Starch
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Modified Corn Starch Market Size Forecast by Applications
11.10.1 Textiles Manufacturing
11.10.2 Paper Industry
11.10.3 Drug Formulations
11.10.4 Food & Beverage Products
11.10.5 Animal Feed
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Modified Corn Starch Analysis and Forecast
12.1 Introduction
12.2 Latin America Modified Corn Starch Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Modified Corn Starch Market Size Forecast by Type
12.6.1 Oxidized Corn Starch
12.6.2 Acid-modified Corn Starch
12.6.3 Cationic Wet End Corn Starch
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Modified Corn Starch Market Size Forecast by Applications
12.10.1 Textiles Manufacturing
12.10.2 Paper Industry
12.10.3 Drug Formulations
12.10.4 Food & Beverage Products
12.10.5 Animal Feed
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Modified Corn Starch Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Modified Corn Starch Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Modified Corn Starch Market Size Forecast by Type
13.6.1 Oxidized Corn Starch
13.6.2 Acid-modified Corn Starch
13.6.3 Cationic Wet End Corn Starch
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Modified Corn Starch Market Size Forecast by Applications
13.10.1 Textiles Manufacturing
13.10.2 Paper Industry
13.10.3 Drug Formulations
13.10.4 Food & Beverage Products
13.10.5 Animal Feed
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Modified Corn Starch Market: Competitive Dashboard
14.2 Global Modified Corn Starch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tate & Lyle
14.3.2 ADM
14.3.3 Ingredion
14.3.4 Roquette
14.3.5 Nihon Shokuhin Kako
14.3.6 Japan Corn Starch
14.3.7 Sanwa Starch
14.3.8 Grain Processing Corporation
14.3.9 New Zealand Starch
14.3.10 Tongaat Hulett Starch
14.3.11 Nippon Starch Chemical
14.3.12 Agrana
14.3.13 Global Bio-Chem Technology Group
14.3.14 Spac Starch Products
14.3.15 Qingdao Nutrend Biotech
14.3.16 Zhucheng Xingmao
14.3.17 Xiwang Group
