Starch is the second most abundant carbohydrate in nature, after cellulose. Extracted from a variety of agricultural products, starch has uses ranging from nutritional to industrial applications. Of all the feedstock including corn, cassava, wheat, potato, etc. used to produce starch, corn is the most popular accounting or around 80% of the total starch produced in 2018. Corn starch is a carbohydrate extracted from the endosperm of corn and is also referred to as corn flour. During 2014-2018, the global corn starch market has grown at a CAGR of around 3%. The market is currently being driven by the increased use of corn starch in the food and beverages sector mainly as a thickening agent and in the production of ethanol. This report by Expert Market Research, entitled “Corn Starch Market Report and Forecast 2019 - 2024”, provides a comprehensive analysis for anyone who plans to foray into the corn starch market.
Historical market trends for the corn starch industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global corn starch market into the following regions – North America, Europe and Others. North America currently represents the largest market with US being the leading producer accounting for the majority of the total global production in 2018. Additionally, the report has analyzed the global corn starch market on the basis of its end use. The food and beverages industry represented the biggest end user followed by the animal feed and ethanol industries.
The value chain analysis of corn starch has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the corn starch industry has also been provided. Some of the key players in this market include Cargill, Ingredion, ADM, Tate & Lyle, Roquette, etc.
This report provides an exhaustive insight for setting-up and running a corn starch manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global corn starch market?
- Which are the biggest markets (regions) for corn starch?
- What are the key application areas for corn starch?
- Who are the key manufacturers in the corn starch market?
- What are the land and construction requirements to start a corn starch manufacturing plant?
- What are the machinery requirements to start a corn starch manufacturing plant?
- How is corn starch priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a corn starch manufacturing plant?
- What are the running costs of a corn starch manufacturing plant?
- How much revenue can a corn starch manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the corn starch industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.