The size of the global corn starch market was worth USD 22.45 billion in 2023. The global market size is expected to grow at a CAGR of 8.3% from 2024 to 2029 and be worth USD 36.22 billion by 2029 from USD 24.31 billion in 2024.
Corn starch, maize starch, and corn flour are all starches derived from corn grain. The endosperm of the kernel is used to make starch. Corn starch is a popular dietary element used in the thickening of sauces and soups, as well as the manufacturing of corn syrup and other sugars. Corn starch is versatile and adaptable and can be utilized in the industry as an anti-sticking agent, textile, and adhesive item. It also has therapeutic uses, such as providing glucose to individuals with glycogen storage disease. Dust explosion, like many other dust-shaped items, can be dangerous in large quantities due to its flame retardance. Corn Starch can be turned into a non-Newtonian fluid when mixed with a liquid.
The worldwide corn starch market is predicted to rise significantly over the forecast period owing to the increased usage in the food and beverage, processed food, paper and board, and detergent industries primarily. Clean-label ingredients and products are having a significant impact on the food and beverage industry, as well as other businesses around the world. Clean-label starches are in high demand due to increased health consciousness among customers and high demand for natural, pure, and high-quality items. Furthermore, as the global economy improves, resulting in an increase in the consumption of processed and convenience foods, the market for modified starch, which is widely used in these food applications, is seeing higher demand, pushing the overall corn starch market.
Over the next few years, the growing trend of replacing petroleum with ethanol is likely to be the main driving force. Corn starch is a key ingredient in the manufacturing of ethanol. The possibility of arrowroot substitution in the food industry is expected to constitute a substantial threat to the market throughout the projected period. Biotechnology advancements, increasing production of value-added chemicals, and the discovery of new fermentation organisms are projected to provide market participants with several prospects.
Increasing usage of corn starch especially in the food and beverage industries. Modified starch is widely used in the food and beverage industries, according to its use. Bakery and confectionery items, processed foods, drinks, and other food applications are all part of the food and beverage sector. Because of its use as a food additive for maintaining flavor and enhancing the taste and other attributes of the food product, modified starch is becoming increasingly popular in the food and beverage sectors.
Corn Starch, for example, is converted to oobleck in addition to water when oil is introduced to turn Corn Starch into an electrorheological fluid. The term "corn flour slime" might be used to describe the mixture. Although Corn Starch is mostly used for cooking and as a domestic commodity, it is used in a variety of industries for a variety of purposes, ranging from the usage of certain products as a chemical addition to medicinal therapy for specific illnesses. Corn flour is made by steeping corn for 30 to 48 hours and slowly fermenting it. The germ is separated from the endosperm, which are both grounded separately (still soaked). The starches are then rinsed away one by one.
The corn-steep liquor, cereal germs, fibers, and corn gluten are mainly removed and dried in hydrocyclones and centrifuges. Wet milling is the term for this process. Finally, the starch can be altered for specialized uses. Corn starch, like many other powders, is prone to stain outbreaks. The Formosa Fun Coast explosion is believed to have been caused by the warming of a Corn Starch oriented powder in Taiwan on June 27, 2015, despite warnings on packages that the material is flammable.
Moreover, owing to the disruption of the supply chain and the reduction in out-of-home food consumption during the pandemic, sales of corn starch products have decreased slightly. However, the availability of various substitutes, including pea and rice starch, along with rising customer awareness about the negative effects of a starch-rich diet, function as important limitations for the corn starch market.
Because packaged foods and sweeteners have a longer shelf life, the Covid-19 pandemic increased demand for them. The lockout, however, had a negative impact on the supply and distribution of packaged foods and beverages. Corn starch is mostly produced in the United States and China. However, manufacturing has been hampered by decreased maize starch output growth and the pandemic.
REPORT METRIC |
DETAILS |
Market Size Available |
2022 – 2028 |
Base Year |
2022 |
Forecast Period |
2023 - 2028 |
CAGR |
8.3% |
Segments Covered |
By Product, Application, and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Archer Daniels Midland Company, Associated British Foods plc, Beteiligungs AG, Cargill, Inc, Ingredion Incorporated, Tate & Lyle PLC, Roquette Frères S.A, Hodgson Mill, ACH Food Companies and Others. |
Among these, sweetener is anticipated to dominate the global corn starch market during the forecast period. Cornstarch is only utilized to enhance the flavor of food, such as in soups, desserts, and sauces, as well as a variety of non-food things. Cornstarch is a food additive. In this category, sweetener is the market leader. Pharmaceuticals, chemical goods, meals, beverages, animal feeds, paper, and textiles are all examples of where the material is used. Food and beverage is the industry leader in this area. The Corn Starch Market creates revenue as the economy grows.
According to the corn starch market projection by application, the food and beverages segment dominated the global market during the projected period. This is due to the growing use of corn starch as a food ingredient in the food service industry. Furthermore, the market for corn starch has been pushed by an increase in the number of food outlets, quick-service restaurants, and cafés. On the other hand, because of the ongoing pandemic and the installation of lockdown, a decrease in out-of-home food and beverage consumption has had a negative impact on market growth in 2020.
In addition, the other sector is predicted to grow at a rate of 4.6 percent over the projection period. The increase in demand for paper all across the world is to blame. Furthermore, the expansion of the maize starch market is fueled by an increase in the demand for cosmetics and an increase in the sale and manufacture of textiles.
Because of the significant consumption of processed and quick food products in the region, North America continues to lead the worldwide corn starch industry. The United States was the region's largest market. The corn starch industry's rise in the US market is being fueled by the quantity of corn as a raw material in the country, as well as the low cost of corn starch.
The regional Asia Pacific corn starch market is predicted to benefit from rising population and disposable income among consumers in growing nations such as China and India.
Brazil is also the world's third-largest corn producer. Brazil's market is likely to be driven by the growing food industry and the simple availability of feedstock. Therefore, owing to this the global corn starch market can experience a major growth in the Latin America region.
Companies playing a significant role in the global corn starch market include Archer Daniels Midland Company, Associated British Foods plc, Beteiligungs AG, Cargill, Inc., Ingredion Incorporated, Tate & Lyle PLC, Roquette Frères S.A., Hodgson Mill, ACH Food Companies and Global Bio-Chem Technology Group Company Limited.
By Product
By Application
By Region
Frequently Asked Questions
Population growth, dietary preferences, industrial applications, economic conditions, and regulatory changes related to food and manufacturing industries influence demand for corn starch.
Some trends in the corn starch market include increasing demand for natural and clean label ingredients, growing applications in the pharmaceutical and cosmetic industries, and innovation in product formulations to meet specific customer needs, such as gluten-free and non-GMO options.
The corn starch market is expected to grow steadily due to increasing demand from various industries, technological advancements in production processes, expanding applications in biodegradable plastics and other innovative products, and growing consumer awareness about sustainable and natural ingredients.
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