Corn starch refers to a white, tasteless, and odorless powder extracted from the white endosperm present in the middle of a corn kernel. It is gluten-free and considered an excellent alternative to flour thickeners in the marinade, stew, sauce, gravy, glaze, and soup recipes. In addition, corn starch is widely used in coating paper, producing boxboard, and insulating material board. Therefore, it finds extensive applications across numerous sectors, including pharmaceuticals and chemicals across the globe.
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The escalating demand for processed food items and the growing usage of the product as a thickening agent in numerous cuisines are among the key elements stimulating the corn starch market. Moreover, the inflating utilization of this tasteless white powder as an anti-caking agent, wherein its thin layer is dusted to prevent shredded cheese from clumping in the package, is also propelling the global market. Besides this, the elevating requirement for bioplastics derived from corn starch over fossil fuel plastics, on account of the increasing environmental concerns, is positively influencing the market growth.
Furthermore, the leading companies, such as Cargill, Incorporated, Archer Daniels Midland (ADM) Company, Ingredion Incorporated, Roquette Frères S.A, Tate & Lyle PLC, etc., are entering into strategic partnerships to automate business processes with the more heightened economic output, which is acting as another significant growth-inducing factor. Apart from this, the rising need for oral pharmaceutical products, owing to the growing prevalence of diseases and the increasing access to healthcare facilities, is expected to drive the corn starch market over the forecasted period.
List of Top Corn Starch Companies Worldwide:
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