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Asia Pacific Corn Starch Market to Witness Comprehensive Growth by 2016 Β– 2021 | Market Data Forecast

 



(MoneyNewsWire.Net, May 16, 2018 ) Asia Pacific Corn Starch Market was worth USD 6.40 billion in 2016 and estimated to be growing at a CAGR of 6.4 %, to reach USD 8.73 billion by 2021. After cellulose, starch is the most abundant carbohydrate in nature. It can be found in seeds, roots and tubers of higher plants for energy storage. Corn is currently the most commonly used accounting for around 80% of the total global starch production.

Browse market data tables and in-depth TOC of the Asia Pacific Corn Starch Market to 2021 @ https://marketdataforecast.com/market-reports/asia-pacific-corn-starch-market-2900/

Corn starch is used in a variety of applications such as animal feed, food and beverages, pharmaceuticals and chemicals, textiles, and paper.

Asia Pacific corn starch market is expected to witness significant growth owing to increasing usage in food & beverages, processed food, paper & board and detergent industries. Corn starch also finds its application in treating glycogen storage disease (GSD). This application is anticipated to have positive impact on corn starch market in the near future. One of the major practices adopted by food producers is to add varying amount of corn starch in order to reduce costs. This in turn boosts the growth of the market. As ethanol is replacing petrol, it further drives the market as corn starch is a raw material of corn starch. Substitution threat from tapioca and cassava in food industry is presumed to impose significant threat to the market over the forecast period.

Free sample of the report is available @ https://marketdataforecast.com/market-reports/asia-pacific-corn-starch-market-2900/request-sample

Asia Pacific market for Corn Starch is broadly categorized by product- Native starch, Modified starch and Sweeteners. Based on Application, the market is further segmented into Food and Beverages, Animal feed, Pharmaceuticals and chemicals, Textile, Paper and Corrugates and Others. By product, sweeteners segment accounts for about 50% of the total revenue share and is likely to lead over the forecast period. The modified starch segment is expected to grow at a significant rate in the next few years. By application, food and beverages is the major segment of this market. On the basis of geography, the market is analysed under various regions namely India, China, Japan, Australia. The demand for corn starch in Asia Pacific is projected to be driven by countries such as India and China. This region is projected to exhibit the highest CAGR.

Major corn starch market participants include Cargill Incorporated, HL Agro, Oji Cornstarch, Global Bio- chem Technology Group, Grain Processing Corporation, Croda international, Akzo Nobel NV, Bayer AG, Ajinomoto Company Incorporated, Henkel KGaA.

Inquire before buying @ https://marketdataforecast.com/market-reports/asia-pacific-corn-starch-market-2900/inquire

The scope of the report provides:
• The evaluation of the current market for your product or services and the future implications of the market
• Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
• Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
• Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
• The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
• The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
• Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
• Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
• Equip you with the information providing with the investment opportunities in the industry

Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.

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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.

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