Market Synopsis of Industrial Starches:
Industrial Starches is transformed into sugars, by malting, and fermented to yield ethanol to manufacture biofuel, whisky and beer. It is treated to yield different by products which are used in various food processes. Industrial starch when dissolved in warm water has various applications such as thickeners, adhesive etc. Moreover Industrial Starches are highly used as an adhesive in paper and packaging material manufacturing, etc. It is extracted and refined from seeds, roots and tubers, by using various process such as wet grinding, washing, sieving and drying. There is rise in demand for adhesive from the packaging industry as e-commerce industry is growing in recent years, higher demand for convenience food as fast food chains are growing, are major driving forces for Industrial Starches market. Globally the market for Industrial Starches is expected to grow at the rate of about 5% from 2016 to 2022.
Industrial Starches market has been segmented on the basis of source of Industrial Starches; market is segmented into corn, wheat, cassava, potato, rice and others of Industrial Starches. On the basis of production process, market is segmented into acid-modified, cationic wet-end, hydroxyethyl, oxidized, unmodified, cross-linked, acetylated and others. On basis of application, market is segmented into food & beverages, papermaking, corrugating, multiwall bag, textiles/laundry, building materials, mining/drilling and others.
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Key players of the Industrial Starches market are
- Cargill, Incorporated (U.S.)
- Archer Daniels Midland
- Company (U.S.)
- Ingredion Incorporated (U.S.)
- Tate & Lyle PLC (U.K.)
- Agrana Beteiligungs-AG (Austria)
- Grain Processing Corporation (U.S.)
- Roquette Frères (France)
- The Tereos Group (France)
- Royal Cosun (Netherlands)
- Altia Industrial Services (Finland)
Objectives of Industrial Starches Market
- In-depth study of market segments and sub-segments.
- Estimating and forecasting market size by source, production process, application and region.
- Analyzing the key driving force which influences the market.
- Analyzing the market as it exists in various countries like North America, Europe, Asia-Pacific. Along with this its market analysis is done with respect to its existence in Rest of the World (ROW).
- Doing value chain analysis & supply chain analysis.
- Competitive landscaping & product positioning.
- Competitive strategy analysis, mapping of key stakeholders in the market.
- Analyzing past market trends and technologies along with current government regulatory requirements.
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- Industrial Starches manufacturers
- Food and beverages manufacturers
- Retailers & wholesalers
- E-commerce companies
- Traders, importers and exporters
- Adhesive is expected to witness a high growth rate.
- Rise in demand for malto-dextrin and glucose syrups in the liquid form in a range of food & beverage
Global Industrial Starches Market is in the entire world; to name few countries where this market exist are North America, Europe, China and Asia Pacific. Among these China has the major market share followed by India. Asia-Pacific is expected to maintain its dominant position in the coming years due to increasing consumption of starch, its derivatives, and sweeteners. Due to the lower raw materials & production costs as well as less stringent environment regulations Asia-Pacific region is in a better position to produce starch at more competitive prices than developed countries of Europe and North America.
Industrial Starches Market is segmented under the following regions mentioned below:
- Rest of Europe
- Rest of Asia Pacific
The report on Industrial Starches Market by Market Research Future comprises of in-depth primary research along with detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size with respect to value & volume, technological advancement, macro economical and governing factors of the market. The report provides detail information and strategies of top key players in the industry along with giving detail about different market segments and regions
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