In 2020, the global market for Modified Corn Starch was strong and is predicted to maintain a consistent revenue growth rate over the forecast period due to its diverse applications in various industries and associated benefits. Starch, a colorless and tasteless chemical found in numerous plant tissues and mostly derived from corn, grains, and potatoes, is essential to human diets as it aids in the storage of carbohydrates in the body. Corn starch, also called corn flour or maize starch, is produced through a series of wet milling, steeping, grinding, purifying, and drying corn grains. Corn starch is a prevalent food ingredient worldwide and is extensively used in the packaged food and food processing industries. Maize starch, which is derived from the kernel of corn, provides food products such as microwaveable foods, canned, chilled, frozen, extruded snacks, and dry mixes with improved texture, viscosity, and other desirable qualities.
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Top Companies Operating in the Global Oxidized Modified Corn Starch Market Report:
- Cargill
- Argo
- Roquette
- Gea
- AVEBE
- Japan Corn Starch
- Sanwa Starch
- COFCO
- Agrana
- Spac Starch Products
- Xiwang Group
- Tate and Lyle
- Penford Products
- Wanshunda Group
- Hebei Derui Starch Company
- Corn Development Company
- Longlive
- Ingredion
- Nihon Shokuhin Kako
- Luzhou Group
- Lihua Starch
Driving Growth Of The Global Oxidized Modified Corn Starch Market
· The global Oxidized Modified Corn Starch Market is experiencing significant growth due to several key factors. One of the primary drivers is the diverse range of applications for modified corn starch in various industries such as food and beverage, paper, textile, and pharmaceuticals. The benefits of using modified corn starch such as improved stability, texture, and binding properties are also contributing to the growth of the market.
· Additionally, the rising demand for convenience and processed foods is driving the growth of the Oxidized Modified Corn Starch Market. The ability of modified corn starch to enhance the texture, flavor, and shelf life of processed foods is a significant factor contributing to the increasing demand for this product.
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The global Oxidized Modified Corn Starch Market is segmented into:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Product Type Outlook (Revenue, USD Billion; 2018-2028)
- Oxidized Corn Starch
- Acid-modified Corn Starch
- Cationic Wet End Corn Starch
Application Outlook (Revenue, USD Billion; 2018-2028)
- Paper Industry
- Textile Industry
- Manufacturing Industry
- Drug Formulations
- Food and Beverages Products
- Animal Feed
- Others
Key Questions Addressed in the Report:
· What are the dominating factors that are influencing the growth of the industry?
· In the forecast period, which market segment is expected to rise the most?
· What are the risks and challenges that the industry is facing?
· In the coming years, which area is projected to dominate the market?
· Who are the major players in the market? What kind of strategic business plans have they made?
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