The Latin America, Middle East and Africa Corn and Corn Starch Derivatives Market would witness market growth of 7.5% CAGR during the forecast period (2022-2028).
Corn starch derivatives have a wide variety of applications, as they are utilized as a thickener, emulsifier, texture agent, and in several food products. Therefore, rising consumer expectations for better food items and increasing product innovation will drive the demand for starch derivatives throughout the predicted period.
As a result, corn starch is vastly used in various businesses like adhesives, food & beverage, paper & printing, oil-well drilling, air flotation, laundry, foundry, textiles, and pharmaceuticals. In addition, factors like industrial development and population growth are increasing the demand for commercial starch in the market.
There has been a significant development in the hospitality sector in the UAE because of the several efforts by the government. The increase in travel & tourism has supported the growth of the hospitality sector. The growing number of cooperates established in the region is another cause of expanded growth. Various resorts, local as well as foreign hotel chains, etc., are set up and are expanding all across the region which provides better quality facilities. With the growing hospitality sector, the demand for unique cuisines in the region is further increasing. This increases the opportunities for market vendors of corn and corn starch derivatives in the region to enter the food & beverage industry in the LAMEA region. The development of the pharmaceutical industry and hospitality sector is anticipated to increase the utilization of corn and corn starch derivatives, thereby supporting market expansion.
The Brazil market dominated the LAMEA Corn And Corn Starch Derivatives Market by Country in 2021 and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,202.5 million by 2028. The Argentina market is exhibiting a CAGR of 8.1% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 7.2% during (2022 - 2028).
Based on Product, the market is segmented into Corn Starch Derivatives (Corn Syrup, Modified Starch, Maltodextrin, Corn Ethanol, and Others), Corn Oil, Corn Starch, Corn Meal/Flakes/Grits, Corn Flour, and Others. Based on Application, the market is segmented into Food & Beverage, Textiles, Pharmaceutical, Paper & Board, Animal Feed, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer-Daniels-Midland Company, Ingredion Incorporated, Tate & Lyle PLC, AGRANA Beteiligungs-AG, Ashland, Inc., Wacker Chemie AG, Cargill, Incorporated, and Roquette Freres SA.
Corn starch derivatives have a wide variety of applications, as they are utilized as a thickener, emulsifier, texture agent, and in several food products. Therefore, rising consumer expectations for better food items and increasing product innovation will drive the demand for starch derivatives throughout the predicted period.
As a result, corn starch is vastly used in various businesses like adhesives, food & beverage, paper & printing, oil-well drilling, air flotation, laundry, foundry, textiles, and pharmaceuticals. In addition, factors like industrial development and population growth are increasing the demand for commercial starch in the market.
There has been a significant development in the hospitality sector in the UAE because of the several efforts by the government. The increase in travel & tourism has supported the growth of the hospitality sector. The growing number of cooperates established in the region is another cause of expanded growth. Various resorts, local as well as foreign hotel chains, etc., are set up and are expanding all across the region which provides better quality facilities. With the growing hospitality sector, the demand for unique cuisines in the region is further increasing. This increases the opportunities for market vendors of corn and corn starch derivatives in the region to enter the food & beverage industry in the LAMEA region. The development of the pharmaceutical industry and hospitality sector is anticipated to increase the utilization of corn and corn starch derivatives, thereby supporting market expansion.
The Brazil market dominated the LAMEA Corn And Corn Starch Derivatives Market by Country in 2021 and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,202.5 million by 2028. The Argentina market is exhibiting a CAGR of 8.1% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 7.2% during (2022 - 2028).
Based on Product, the market is segmented into Corn Starch Derivatives (Corn Syrup, Modified Starch, Maltodextrin, Corn Ethanol, and Others), Corn Oil, Corn Starch, Corn Meal/Flakes/Grits, Corn Flour, and Others. Based on Application, the market is segmented into Food & Beverage, Textiles, Pharmaceutical, Paper & Board, Animal Feed, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer-Daniels-Midland Company, Ingredion Incorporated, Tate & Lyle PLC, AGRANA Beteiligungs-AG, Ashland, Inc., Wacker Chemie AG, Cargill, Incorporated, and Roquette Freres SA.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Corn Starch Derivatives
- Corn Syrup
- Modified Starch
- Maltodextrin
- Corn Ethanol
- Others
- Corn Oil
- Corn Starch
- Corn Meal/Flakes/Grits
- Corn Flour
- Others
By Application
- Food & Beverage
- Textiles
- Pharmaceutical
- Paper & Board
- Animal Feed
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Archer-Daniels-Midland Company
- Ingredion Incorporated
- Tate & Lyle PLC
- AGRANA Beteiligungs-AG
- Ashland, Inc
- Wacker Chemie AG
- Cargill, Incorporated
- Roquette Freres SA
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Corn And Corn Starch Derivatives Market, by Product
1.4.2 LAMEA Corn And Corn Starch Derivatives Market, by Application
1.4.3 LAMEA Corn And Corn Starch Derivatives Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Corn and Corn Starch Derivatives Market
Chapter 4. LAMEA Corn And Corn Starch Derivatives Market by Product
4.1 LAMEA Corn Starch Derivatives Market by Country
4.2 LAMEA Corn And Corn Starch Derivatives Market by Corn Starch Derivatives Type
4.2.1 LAMEA Corn Syrup Market by Country
4.2.2 LAMEA Modified Starch Market by Country
4.2.3 LAMEA Maltodextrin Market by Country
4.2.4 LAMEA Corn Ethanol Market by Country
4.2.5 LAMEA Others Market by Country
4.3 LAMEA Corn Oil Market by Country
4.4 LAMEA Corn Starch Market by Country
4.5 LAMEA Corn Meal/Flakes/Grits Market by Country
4.6 LAMEA Corn Flour Market by Country
4.7 LAMEA Others Market by Country
Chapter 5. LAMEA Corn And Corn Starch Derivatives Market by Application
5.1 LAMEA Food & Beverage Market by Country
5.2 LAMEA Textiles Market by Country
5.3 LAMEA Pharmaceutical Market by Country
5.4 LAMEA Paper & Board Market by Country
5.5 LAMEA Animal Feed Market by Country
5.6 LAMEA Others Market by Country
Chapter 6. LAMEA Corn And Corn Starch Derivatives Market by Country
6.1 Brazil Corn And Corn Starch Derivatives Market
6.1.1 Brazil Corn And Corn Starch Derivatives Market by Product
6.1.1.1 Brazil Corn And Corn Starch Derivatives Market by Corn Starch Derivatives Type
6.1.2 Brazil Corn And Corn Starch Derivatives Market by Application
6.2 Argentina Corn And Corn Starch Derivatives Market
6.2.1 Argentina Corn And Corn Starch Derivatives Market by Product
6.2.1.1 Argentina Corn And Corn Starch Derivatives Market by Corn Starch Derivatives Type
6.2.2 Argentina Corn And Corn Starch Derivatives Market by Application
6.3 UAE Corn And Corn Starch Derivatives Market
6.3.1 UAE Corn And Corn Starch Derivatives Market by Product
6.3.1.1 UAE Corn And Corn Starch Derivatives Market by Corn Starch Derivatives Type
6.3.2 UAE Corn And Corn Starch Derivatives Market by Application
6.4 Saudi Arabia Corn And Corn Starch Derivatives Market
6.4.1 Saudi Arabia Corn And Corn Starch Derivatives Market by Product
6.4.1.1 Saudi Arabia Corn And Corn Starch Derivatives Market by Corn Starch Derivatives Type
6.4.2 Saudi Arabia Corn And Corn Starch Derivatives Market by Application
6.5 South Africa Corn And Corn Starch Derivatives Market
6.5.1 South Africa Corn And Corn Starch Derivatives Market by Product
6.5.1.1 South Africa Corn And Corn Starch Derivatives Market by Corn Starch Derivatives Type
6.5.2 South Africa Corn And Corn Starch Derivatives Market by Application
6.6 Nigeria Corn And Corn Starch Derivatives Market
6.6.1 Nigeria Corn And Corn Starch Derivatives Market by Product
6.6.1.1 Nigeria Corn And Corn Starch Derivatives Market by Corn Starch Derivatives Type
6.6.2 Nigeria Corn And Corn Starch Derivatives Market by Application
6.7 Rest of LAMEA Corn And Corn Starch Derivatives Market
6.7.1 Rest of LAMEA Corn And Corn Starch Derivatives Market by Product
6.7.1.1 Rest of LAMEA Corn And Corn Starch Derivatives Market by Corn Starch Derivatives Type
6.7.2 Rest of LAMEA Corn And Corn Starch Derivatives Market by Application
Chapter 7. Company Profiles
7.1 Archer-Daniels-Midland Company
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.1 Geographical Expansions
7.2 Ingredion Incorporated
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.3 Tate & Lyle PLC
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental Analysis
7.3.4 Research & Development Expense
7.4 AGRANA Beteiligungs-AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.5 Ashland, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.6 Wacker Chemie AG
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 Cargill, Incorporated
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Geographical Expansions:
7.8 Roquette Freres SA
7.8.1 Company Overview
Companies Mentioned
- Archer-Daniels-Midland Company
- Ingredion Incorporated
- Tate & Lyle PLC
- AGRANA Beteiligungs-AG
- Ashland, Inc.
- Wacker Chemie AG
- Cargill, Incorporated
- Roquette Freres SA
Methodology
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