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The global waxy maize starch market was worth $3.49 billion in 2022 and is expected to reach $6.13 billion by 2030, expanding at a CAGR of 6.8% between 2023 and 2030.
The pharmaceutical, textile, and food industries are just a few of the many that benefit from waxy maize starch. Starches have a wide variety of uses in the kitchen, including thickening sauces, molding gums, controlling viscosity, and binding ingredients for baked goods. The fact that it can boost resistance and mechanical strength and resist moisture penetration bodes well for its future popularity. Fabrics that require colored inks also benefit from its use as a filler and stabilizer. Detergent production industry is another business that wants waxy maize starch for its skin-friendly, biodegradable, and non harmful qualities. The food manufacturing sector represents the highest business opportunity for players in the worldwide waxy maize starch market. Players can increase their market share by investing in the diversification of their product offerings and the provision of services to additional sectors.
Waxy maize starch is a complex carbohydrate that can be produced from maize or corn. Waxy maize starch is employed as a gelling, thickening, and binding ingredient in many foods and drinks, including bakery items and confectionery. It's also used for things like paper and pulp, pharmaceuticals, and animal feed, among other things. It's also used as an excipient and binding agent in tablet production for the pharmaceutical sector. Waxy maize starch and its derivatives are utilized as a source of energy and a stabilizing and thickening factor in animal feed products. It finds application as an addition in a wide range of final product sectors, including the food, textile, and pharmaceutical industries. It's woven into the yarn itself to give it a boost in mechanical strength, friction resistance, and water resistance. When colored inks are used for overprinting, it acts as a stabilizer and filler.
Demand for starch is mostly driven by rising population and industrialization (especially in the food and beverage, textile, paper and printing, pharmaceutical and other health, beauty, and adhesives industries). Waxy maize starch, a key ingredient in many products, will become more in demand as the world's population continues to grow. Waxy maize starch market growth may be stymied by the increasing availability of substitutes made from starches derived from other foodstuffs, such as potato starch, tapioca starch, rice starch, and other starches.
North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America make up the bulk of the waxy maize starch market's geographical breakdown. Asia-Pacific had the biggest market share in 2021. It's also projected to grow at the fastest rate of any market segment over the next few years. Due to busy lifestyles and an increase in the working population, countries like India and Japan have seen a rise in the demand for all types of ready-to-eat or convenience food and beverage products. Because of this, the food processing sector is predicted to expand rapidly, opening up fresh avenues for trade and investment. Waxy maize starch is in high demand because it is used in numerous food and drink production processes, including as a stabilizer, thickening agent, and emulsifier. This is especially true in the production of baked goods, candies, noodles, spaghetti, and other extruded and convenience foods. In addition, China and India are two of the world's major textile producers; this could increase demand for waxy maize starch and so expand the market for this product. Because of its versatility, Asia-Pacific countries generate a lot of both natural and modified waxy maize starch. Waxy maize starch production in the region is split into regulated and unregulated markets in both China and India. Waxy maize starch, for example, may be in demand because China and India are two of the world's major textile producers. The demand for waxy maize starch in the Asia Pacific area is expected to increase as a result of these causes.
Waxy maize starch producers are bolstering their market position and expanding their client base through strategic advancements such product innovation, plant capacity expansion, and mergers & acquisitions. One of the leading producers of starches and other food components, AGRANA Beteiligungs-AG, spent US$24.87 million developing its specialized starch manufacturing factory in Austria in September 2021. Specialty starches, such as waxy maize starch and organic maize starch, will be processed in the Austrian facility. The company plans to address the increasing demand for specialized starches in Austria and other European markets with the help of the plant capacity expansion. As a result, the waxy maize starch market stands to gain tremendously from the continuous strategic innovations of key competitors in the industry over the forecast period.
Report Coverage
Global Waxy Maize Starch research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Waxy Maize Starch report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Waxy Maize Starch competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Waxy Maize Starch market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Waxy Maize Starch market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Waxy Maize Starch market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Cargill, Archer Daniels Midland Company, Ingredion Incorporated, Roquette Freres, Tate & Lyle, Grain Processing Corporation, Avebe U.A., Emsland Group, Agrana Beteiligungs-AG, Beneo GmbH, Tereos Starch & Sweeteners, AGRANA, Manildra Group, Sudzucker AG, KMC, Henan Jindan Lactic Acid Technology Co. Ltd., Felda Iffco Sdn Bhd, Hunan Huaxing Chemical Co. Ltd., Guangzhou Wansheng Food Group Co. Ltd., Guangxi Guangwei Chemical Co. Ltd., Daesang Corp, Interstarch Ukraine, Samyang Corporation, New Zealand Starch Limited, Sanwa Starch Co., Ltd., Sinofi Ingredients, Tokai Denpun Co., Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Waxy Maize Starch market based on the below-mentioned segments:
Global Waxy Maize Starch Market, By Type
Native Starch
Modified Starch
Sweeteners
Global Waxy Maize Starch market, By Nature
Organic
Conventional
Global Waxy Maize Starch Market, By End User
Foods
Beverages
Animal Feed
Pharmaceuticals
Textile
Paper
Corrugated
Other Applications
Global Waxy Maize Starch market, Regional Analysis
The pharmaceutical, textile, and food industries are just a few of the many that benefit from waxy maize starch. Starches have a wide variety of uses in the kitchen, including thickening sauces, molding gums, controlling viscosity, and binding ingredients for baked goods. The fact that it can boost resistance and mechanical strength and resist moisture penetration bodes well for its future popularity. Fabrics that require colored inks also benefit from its use as a filler and stabilizer. Detergent production industry is another business that wants waxy maize starch for its skin-friendly, biodegradable, and non harmful qualities. The food manufacturing sector represents the highest business opportunity for players in the worldwide waxy maize starch market. Players can increase their market share by investing in the diversification of their product offerings and the provision of services to additional sectors.
Waxy maize starch is a complex carbohydrate that can be produced from maize or corn. Waxy maize starch is employed as a gelling, thickening, and binding ingredient in many foods and drinks, including bakery items and confectionery. It's also used for things like paper and pulp, pharmaceuticals, and animal feed, among other things. It's also used as an excipient and binding agent in tablet production for the pharmaceutical sector. Waxy maize starch and its derivatives are utilized as a source of energy and a stabilizing and thickening factor in animal feed products. It finds application as an addition in a wide range of final product sectors, including the food, textile, and pharmaceutical industries. It's woven into the yarn itself to give it a boost in mechanical strength, friction resistance, and water resistance. When colored inks are used for overprinting, it acts as a stabilizer and filler.
Demand for starch is mostly driven by rising population and industrialization (especially in the food and beverage, textile, paper and printing, pharmaceutical and other health, beauty, and adhesives industries). Waxy maize starch, a key ingredient in many products, will become more in demand as the world's population continues to grow. Waxy maize starch market growth may be stymied by the increasing availability of substitutes made from starches derived from other foodstuffs, such as potato starch, tapioca starch, rice starch, and other starches.
North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America make up the bulk of the waxy maize starch market's geographical breakdown. Asia-Pacific had the biggest market share in 2021. It's also projected to grow at the fastest rate of any market segment over the next few years. Due to busy lifestyles and an increase in the working population, countries like India and Japan have seen a rise in the demand for all types of ready-to-eat or convenience food and beverage products. Because of this, the food processing sector is predicted to expand rapidly, opening up fresh avenues for trade and investment. Waxy maize starch is in high demand because it is used in numerous food and drink production processes, including as a stabilizer, thickening agent, and emulsifier. This is especially true in the production of baked goods, candies, noodles, spaghetti, and other extruded and convenience foods. In addition, China and India are two of the world's major textile producers; this could increase demand for waxy maize starch and so expand the market for this product. Because of its versatility, Asia-Pacific countries generate a lot of both natural and modified waxy maize starch. Waxy maize starch production in the region is split into regulated and unregulated markets in both China and India. Waxy maize starch, for example, may be in demand because China and India are two of the world's major textile producers. The demand for waxy maize starch in the Asia Pacific area is expected to increase as a result of these causes.
Waxy maize starch producers are bolstering their market position and expanding their client base through strategic advancements such product innovation, plant capacity expansion, and mergers & acquisitions. One of the leading producers of starches and other food components, AGRANA Beteiligungs-AG, spent US$24.87 million developing its specialized starch manufacturing factory in Austria in September 2021. Specialty starches, such as waxy maize starch and organic maize starch, will be processed in the Austrian facility. The company plans to address the increasing demand for specialized starches in Austria and other European markets with the help of the plant capacity expansion. As a result, the waxy maize starch market stands to gain tremendously from the continuous strategic innovations of key competitors in the industry over the forecast period.
Report Coverage
Global Waxy Maize Starch research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Waxy Maize Starch report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Waxy Maize Starch competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Waxy Maize Starch market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Cargill, Archer Daniels Midland Company, Ingredion Incorporated, Roquette Freres, Tate & Lyle, Grain Processing Corporation, Avebe U.A., Emsland Group, Agrana Beteiligungs-AG, Beneo GmbH, Tereos Starch & Sweeteners, AGRANA, Manildra Group, Sudzucker AG, KMC, Henan Jindan Lactic Acid Technology Co. Ltd., Felda Iffco Sdn Bhd, Hunan Huaxing Chemical Co. Ltd., Guangzhou Wansheng Food Group Co. Ltd., Guangxi Guangwei Chemical Co. Ltd., Daesang Corp, Interstarch Ukraine, Samyang Corporation, New Zealand Starch Limited, Sanwa Starch Co., Ltd., Sinofi Ingredients, Tokai Denpun Co., Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Waxy Maize Starch Market from 2021 to 2030.
- Market Forecast for Waxy Maize Starch Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Waxy Maize Starch competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Waxy Maize Starch
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Waxy Maize Starch market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Waxy Maize Starch market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Cargill, Archer Daniels Midland Company, Ingredion Incorporated, Roquette Freres, Tate & Lyle, Grain Processing Corporation, Avebe U.A., Emsland Group, Agrana Beteiligungs-AG, Beneo GmbH, Tereos Starch & Sweeteners, AGRANA, Manildra Group, Sudzucker AG, KMC, Henan Jindan Lactic Acid Technology Co. Ltd., Felda Iffco Sdn Bhd, Hunan Huaxing Chemical Co. Ltd., Guangzhou Wansheng Food Group Co. Ltd., Guangxi Guangwei Chemical Co. Ltd., Daesang Corp, Interstarch Ukraine, Samyang Corporation, New Zealand Starch Limited, Sanwa Starch Co., Ltd., Sinofi Ingredients, Tokai Denpun Co., Ltd.
Primary Target Market
- Market Players of Waxy Maize Starch
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Waxy Maize Starch market based on the below-mentioned segments:
Global Waxy Maize Starch Market, By Type
Native Starch
Modified Starch
Sweeteners
Global Waxy Maize Starch market, By Nature
Organic
Conventional
Global Waxy Maize Starch Market, By End User
Foods
Beverages
Animal Feed
Pharmaceuticals
Textile
Paper
Corrugated
Other Applications
Global Waxy Maize Starch market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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