Market Research Future (Food and Beverages) Corn Starch Market Research Report | Page 3

Corn Starch Market Research Report – Global Forecast till 2023
2 Market Overview
Corn starch is derived from corn (maize) grain. Corn contain vitamin B-complex such as B1 (thiamine), B2 (niacin),
B3 (riboflavin), B5 (pantothenic acid) and B6. It also contains vitamin A, C, and K together with large amount of beta-
carotene and fair amount of selenium that helps to improve thyroid gland and helps in maintaining proper functioning
of immune system. Thus, market players are using more corn-based ingredients, corn starch is commendable for
maintain good health.
The easy availability of corn and its wide application in various industries such as food & beverage, pharmaceutical,
animal feed, and others. In food & beverage industry, corn starch is used in gluten-free food items as an alternative
ingredient to wheat starch. Thus, owing to these factors the corn starch market is expected to witness growth in
future.
Regional Analysis:
North America is expected to dominate the market for corn starch during the forecast period owing to the increasing
adoption of gluten-free ingredients by the food & beverage industry. Rising incidences of gluten intolerance and
celiac disease in the US are the major driver for the growth of the corn starch market in North America. Europe is
also expected to hold a significant share of the global corn starch market due to rising demand for corn starch in
bakery applications in food & beverage. Germany and the UK are the major contributors to the growth of the
European corn starch market. The market in Asia-Pacific is projected to register the highest CAGR during the
forecast period with China and India being the largest country-level markets for corn starch in the region. The
application of corn starch in animal feed is driving the growth of the regional corn starch market. The use of corn
starch used as a binding agent in the preparation of various dishes is likely to drive market growth in the rest of the
world.
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