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Growth in demand for convenience food, multiple functionalities, starch derivatives, and sweeteners across end-user industries, rise in potential of alternate sources of starch such as cassava and others, are major driving factors for industrial Starch Market<br><br>
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Industrial Starch Market To Reach USD 112.23 Billion By 2026 www.reportsanddata.com sales@reportsanddata.com
Market Summary Growth in demand for convenience food, multiple functionalities, starch derivatives, and sweeteners across end-user industries, rise in potential of alternate sources of starch such as cassava and others, are major driving factors for industrial Starch Market Market Size – USD 80.51 Billion in 2018, Market Growth - CAGR of 6.64%, Market Trend- High R&D costs is a major restraint for industrial starches market.
Our Approach Market Summary According to the reports and data, the global industrial starch market was valued at USD 80.51 Billion in 2018 and is projected to grow at a CAGR of 6.64% from 2019 to reach USD 112.23 Billion by the year 2026. The most abundant carbohydrate found in the market that acts as a critical factor in determining the quality of food products. Moreover, it is one of the essential polymers that has been extensively used daily in both food and non-food application. It is normally derived from the natural source of polymer, available in plentiful quantity, low cost, and usually consumable and edible by an animal or any living creature. Moreover, it is extracted from a variety of sources worldwide, such as barley, corn, potato, wheat, tapioca, and rice. Geographically, the industrial starch market is categorized as Europe, Asia- Pacific, North America, and The Middle East & Africa. Asia-Pacific region is driven by growing intake, and sweeteners in China and India. China holds a majority of the market share in the APAC region. Developing countries like Thailand, China, and India are in a better position in terms of price cuts. North America and Europe hold major market share due to the market owing to the growing industrial packaging and end-use industries. The major players of the market are Cargill (US), Archer Daniels Midland Company (US), Ingredion Incorporated (US), Tate & Lyle PLC (UK), and AGRANA Beteiligungs-AG (Austria). Other players that are active in the industrial starch industry are Grain Processing Company (US), Roquette Frères (France), The Tereos Group (France), Royal Cosun (Netherlands), and Altia Industrial Services (Finland). To Get Sample Copy of Report visit @ https://www.reportsanddata.com/sample-enquiry-form/2536
Our Approach Market Summary Segments covered in the report: This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the Industrial starch market on the basis of source, form, type, application and region: By Type: (Volume Kilo Tons, Revenue, USD Million; 2019-2026) Native starch derivatives & sweeteners By Source: (Volume Kilo Tons, Revenue, USD Million; 2019-2026) Corn Wheat Cassava Potato Other sources Grab Your Report at an Impressive Discount! Please Click Here @ https://www.reportsanddata.com/discount-enquiry-form/2536
Our Approach Market Summary By Application: (Volume Kilo Tons, Revenue, USD Million; 2019-2026) Food & beverage Feed Other applications By Form: (Volume Kilo Tons, Revenue, USD Million; 2019-2026) Dry Liquid Regional Outlook (Volume Kilo Tons, Revenue, USD Million; 2019-2026) North America Europe Asia Pacific Middle East & Africa Latin America Others
Our Approach Market Summary Further key findings from the report suggest By application, feed segment of industrial starch market is anticipated to grow at a highest CAGR with about 6.0%. Industrial starch, a frequently analyzed component of animal feedstuffs is incorporated into production animals’ diets such as beef and dairy cattle, chickens, swine as a primary source of energy and to improve production. By source, corn of industrial starch are commercially important sources for the production of industrial starches. The increased cultivation, the subsidy support and the favorable policies of the government regarding the cultivation and production. Corn is expected to grow at a healthy CAGR of about 6.3% in the analysis period. The industrial starch market in Asia-Pacific is predictable to be the largest market during the analysis period. The industrial starch market in Asia-Pacific is driven by the use of starch in various applications in emerging Asian markets such as China and India. For instance, the consumption in China is nearly half of the global starch consumption which attracts the players of the industrial starch market. Growth opportunities for industrial starch in North America are further restricted, owing to the co-operation between the US and Canadian governments and domestic corn producers and processors. One example of such co-operation is the “Plant-Based Renewable Resources 2020” agreement between the US Department of Agriculture, agricultural producers’ groups, and the US Department of Energy. Browse the comprehensive TOC and data tables @ https://www.reportsanddata.com/report-detail/industrial-starch-market
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