(MoneyNewsWire.Net, November 14, 2017 ) According to the report Food Starch Market, published by Market Data Forecast, the Global market is projected to reach USD xx billion by 2022, at a CAGR of xx.xx% from 2017 to 2022.
Starch refers to a carbohydrate which has a large number of glucose units joined by glycosidic bonds. This is produced by many green plants as energy storage. It is the most common carbohydrate in human diets and staple foods like potatoes, wheat, maize (corn), rice, and cassava have it in large amounts. Also pure starch is a white, tasteless and odorless powder which does not dissolve in cold water or alcohol.
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Food Starch Market: Drivers & Restraints
The increasing consumption of convenience foods has led to increased demand for starches which are used in the processing of a variety of these products and hence is a major factor driving the growth of the market.
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Food Starch Market: Segmentation
• Native Starch
• Modified Starch
• Starch Derivatives
• Starch Sweeteners
• Baked Goods
• Dairy Products
• Processed Foods
• North America
o United States
o South Korea
• Latin America
o Rest of Latin America
• Middle East & Africa
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Food Starch Market: Overview
In 2017, the Native and modified starch category is expected to have the largest share of the market. Owing to their functional properties they are considered quite important. They are also used as thickeners, binders, and stabilizers in the food & beverage industry.
The Food Starch Market is dominated by North America in 2017. North America was followed next in line by Europe and Asia-Pacific. Asia Pacific is expected to have significant growth owing to increasing manufacture of starch.
Food Starch Market: Key Players
The Food Starch market is highly competitive with a large number of players. Some of the major Companies are Grain Processing Corporation, Cargill Incorporated, Roquette Fereres SA, National Starch Food Innovation,Agrana, and Tate & Lyle - Tereos Syral. Beneo. Other companies operating in this market are Avebe AGRANA and ADM - Archer Daniels Midland
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