The Europe Corn Starch Market would witness market growth of 6.9% CAGR during the forecast period (2020-2026). The corn starch market supply has been initiated from agricultural fields. Corn and wheat are the main sources for this product. The raw material is then processed in the factories. After the completion of processing, it is distributed to a grain storage facility to facilitate sale and distribution. The product is extremely fragile in nature so it is generally transported in a container having temperature controlled. It spreads to the producers and is then used in different applications. It is made obtainable in marts, grocery stores, and others for consumption.
Substitute products such as tapioca, wheat, and arrowroot are acting as a hindrance to the growth of product demand. These products dearth of nutrition and simply add calories to the diet. The usage of it is in foods item is increasing at a very sluggish pace. The latent area in this sector is mostly untapped. Limitations in this industry are owing to the legal limit concerning the use of the improved product in food items. The corn starch market is extremely competitive in nature with increasing numbers of important players arriving in the industry. Unfavourable climatic conditions are expected to obstruct the overall production and supply chain of the product this in turn affects the price of the commodity.
Celiac disease is mainly triggered by the intake of gluten-rich food like wheat foods. Corn Starch is also used as a substitute for wheat starch, and its gluten-free. People suffering from celiac disease can consume foods containing corn starch. The increase in the use of corn starch as a substitute for wheat starch in food has stemmed from the overall growth of the Corn Starch Market. The European market is supposed to show sluggish growth. The unorganized agriculture sector in the region is estimated to hamper the regional market growth.
Based on Form, the market is segmented into Liquid and Powder. Based on Type, the market is segmented into Sweetener, Modified and Native. Based on Application, the market is segmented into Food Ingredients, Pharmaceuticals and Other Applications. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Corn Starch Market in Europe is expected to register a CAGR of 6.9% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Cargill Corporation, Akzo Nobel N.V., Bayer AG, Ajinomoto Co., Inc., Henkel AG & Company, KGaA, Associated British Foods PLC (Wittington Investments Limited), Archer Daniels Midland Company, BASF SE, Tate & Lyle PLC, and Croda International PLC.
Market Segmentation:
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Companies Profiled
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