Industrial Starches Market Analysis | Global Demand, Industry Review and Forecast
Market Insight: Global Industrial Starches Market
are hugely dependent on the production and farming of cassava, corn, wheat,
potato etc. The pricing of the raw material is massively at the mercy of nature
such as rains, water supply and natural calamities etc. Due to insufficient
rains and devastation caused by natural calamities like floods earthquake,
tsunami, volcano, cyclone their low supply of raw material and the inflammation
of the prices.
Industrial
starches are the substances used as thickeners to increase the viscosity of a
liquid without affecting its other properties. Industrial starches as
thickeners are widely used as they are convenient, effective and increases the
stability of the product. These are not only used as food additive but also
finds its application in non-food industries such as Inks, Paints, Explosives and
cosmetics. Researchers have invented techniques to modify starch, by using
chemicals and enzymes. Modified starch is used as a food additive. The purpose
of this modification is to improve its characteristics particularly in
particular role such as to improve water Heat Resistant, Holding Capacity,
Strengthening its binding, and better-quality thickening agent.
Major Key Players: The industrial starch market is
competitive with major market players operating at the global level. The key
industry players in the industrial starch market have adopted the strategies
such as joint venture, collaboration, agreement and partnership. Most of the
companies operating in this market are focusing on expanding its operations
across the geographies, augmenting its capabilities and investing in research
and development to offer products with better functionality. The industry is
likely to consolidate into fewer, larger companies through mergers,
acquisitions and closures of small outmoded plants.
The key
players profiled in Industrial
Starches report are Archer Daniels Midland Company (U.S.), Tate
& Lyle PLC (U.K.), Cargill, Incorporated (U.S.), Ingredion Incorporated
(U.S.), Agrana Beteiligungs-AG (Austria), Grain Processing Corporation (U.S.) and
Roquette Frères (France) among many others.
Latest Industry Updatesz: Jan 2017
Ingredion Incorporated launched 9 additions to Non-GMO Project certification.
The starches product line offers extensive variety of development tolerance and
stability in various applications such as dressings, sauces, ready meals,
yogurts and dairy desserts.
Industry Segments: Global industrial starches market has
been divided into source, form, application, and Region. On the Basis of Source: Corn, Cassava, Wheat, Potato and others. On the Basis of Form: Powder, Liquid,
Gel and others. On the Basis of
Application: Food & beverages (confectionery, processed food, beverages,
and others), Non-food application (corrugation and papermaking, personal care,
pharmaceuticals, textiles, and others includes mining & drilling,
construction & building, adhesives, chemicals, and animal feed). On the Basis of Region: North
America, Europe, Asia Pacific and Rest of the World
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Regional Analysis: Industrial Starches Market is
segmented by region which comprises of Europe, Asia Pacific, North America and
Rest of the World. Among all the regions, North America is accounting for
significant market share in global industrial starches market and it is
expected to retain its dominance throughout the forecast period of 2017-2024.
The growth of the industrial starches in North America region is anticipated to
be driven by the various factors. One of the significant factors rising growth
of industrial starches is the increasing high growth of industrial packaging
over the last few years.
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