What? When? Why?

Latest Happenings in Business World

Share on

Nov-2019

Corn Starch Market Uses, Trends, Storage space, Regional Analysis, Key Stakeholders

Corn Starch Market was worth USD 24.27 billion in 2019 and estimated to be growing at a CAGR of 4.8%, to reach USD 30.68 billion by 2024

Corn Starch Market Introduction:

Corn starch is a type of carbohydrate obtained from the endosperm of a corn kernel. Very common in the food and beverage industry, it is regularly used in industries and at home to thicken sauces.

Corn starch is sometimes called cornmeal is obtained from the grain endosperm. It is used for many culinary, domestic and industrial purposes. In cooking, corn starch is regularly used as a thickening agent for sauces, glazes, stews, cakes, soups and other desserts. It is also used to make corn syrup and bioplastics. Corn starch is a gluten-free product that is made from corn and contains only carbohydrates.

Uses

Although used primarily for cooking and as a household item, corn starch is used for many purposes in various industries, from its use as a chemical additive for certain products to medical therapy for certain diseases.

Culinary

Corn starch is used as a thickening agent in liquid foods (soups, sauces, sauces, custard, etc.) and is usually mixed with a low-temperature liquid to form a paste or mud. Sometimes, flour is preferred because it creates a translucent mixture rather than opaque. When the starch is heated, the molecular chains decompose, allowing them to collide with other starch chains to form a mesh, thickening the liquid (gelatinization of the starch).

Usually, it is included as an anti-caking agent in powdered sugar (confectionery sugar).

A common substitute is an arrowroot, which replaces the same amount of corn starch.

Food producers reduce their production costs by adding varying amounts of corn starch to foods, such as cheese and yogurt.

Chicken nuggets with a thin outer layer of corn starch provide better oil absorption and a crispier texture after the last stages of frying.

No culinary

Baby powder may include corn starch among its ingredients. Corn starch can be used to make bioplastics and can be used in the manufacture of airbags.

Medical

Corn starch is the preferred release agent in medical products made from natural latex, including condoms, diaphragms and medical gloves.

Corn starch has properties that allow glucose intake to maintain blood glucose levels in people with glycogen storage disease. Corn starch can be used from 6 to 12 months of age, which helps prevent glucose fluctuations.

Corn starch is useful as an anti-caking agent. The grated cheese is often covered with a thin layer of corn starch to prevent it from clumping in the package. Corn starch will also help absorb moisture from the condensation and prevent the development of a viscous texture. A small amount of corn starch is often mixed with powdered sugar for the same purpose.

Market Trends:

Corn starch used for biodegradable products

Petroleum-based plastic is a significant environmental pollutant, which the world fiercely opposes its use. Corn starch is used to develop biodegradable products such as polyethene bags, diapers, water bottles, plates, food storage containers, cups, straws, cutlery, etc. Corn starch is converted into the polymer in commercial facilities and is used to manufacture these products. The most beneficial of these products is that they can be broken down at home in the compost pile. The demand for these products is still in diapers and will interrupt the corn starch market in the coming years.

Increased demand for clean labeling products

The trend of own-brand ingredients and products has a high impact on food and beverages, as well as in other industries that operate worldwide. The growing awareness of consumers about health and the strong demand for natural, pure and high-quality products have generated demand for clean brand starches. In addition, with the gradual improvement of the world economy and the increase in consumption of processed foods and prepared foods, the modified starch market, which finds substantial use in these food applications, is experiencing higher demand, resulting in thus the global market for corn starch.

Regional Analysis:

North America maintains its leading position in the world corn starch market due to the high consumption of processed and instant food products in the region. The United States was the largest market in the area. The abundance of corn as a raw material in the country and the low prices of corn starch are the main factors that drive the growth of the corn starch industry in the US market. On the contrary, the Asia-Pacific region is expected to experience the most significant growth during the forecast period (2019-2024). The increase in population and the increase in disposable income of consumers in emerging countries such as China, India and Brazil are expected to have a positive impact on the corn starch market in Asia-Pacific and South America. Brazil is also the third-largest producer of corn.

Storage

Cornstarch is designed to absorb moisture. Therefore, it is essential to keep it in an airtight container where it is not exposed to moisture. You also want to keep it safe from extreme heat. A cool, dry place, like a pantry, is preferable. Once correctly stored, the corn starch will last indefinitely.

Key Stakeholders:

• Corn starch producers / processors

• Food and beverage manufacturers.

• Feed manufacturers

• Suppliers and distributors of raw materials.

• Traders, exporters and importers.