North America Industrial Starch Market Regional and country-level analysis
North America Market is Industrial Starch expected to reach USD 19.69 billion by 2021 from USD 14.5 billion in 2016, growing at a CAGR of 6.31%.
(EMAILWIRE.COM, September 29, 2017 ) The Industrial Starch market is forecasted to show great potential over the mentioned period. The market has continued to gain momentum with the increasing availability of natural starch source alternates like cassava etc, with higher efficiency as well. Thus, the market has been pulling interest of various industries.
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The major use of industrial starch can be seen in variety of industrial applications for adhesive formulations. It is generally obtained from different sources such as wheat, potato etc. Apart from its use in the food industry, starch has wide range of uses in non-food industries as well like paper, mining, textile, building materials etc, mainly due to its adhesive property.
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There has been a rapid growth in the food processing industry recently, which resulted in a major driver for the Industrial starch market. Some other major factors include rising demand for convenience foods, increase in adhesive demands by various industries and also the various functionalities of starch in food and non-food industries. However, the restraints and challenges faced by the market include growth of the Arabic Gum Market, alternatives adhesive products such as resin glue, and the high R&D investments.
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The North America Industrial Starch market is segmented by source, type, applications and form. The market segmentation based on source is done into potato, corn, wheat, cassava. The market share was dominated by the corn segment. Based on segmentation by type the market is categorized into native starch and starch derivatives & sweeteners. The segment starch derivatives & sweeteners, accounted for the biggest share in the market on the basis of type due to better functionality as well as lower limitation. By applications, the segmentation is done into feed, food & beverages and the paper industry. The market is dominated by the food & beverages industry as a result of the wide usage of starch in food products. Lastly, the market is also segmented by form, where liquid form leads the market share over the dry form, due to ease of storage and high efficiency. On the basis of geography, the North America market is analysed under various regions namely United States and Canada.
Some of the major competitors in the Industrial Starch market include Cargill, Royal Cosun, Archer Daniels Midland Company, Tate & Lyle PLC, Ingredion Incorporated, AGRANA Beteiligungs-AG, Roquette Frères, Grain Processing Company, The Tereos Group, Altia Industrial Services.
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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
View Full Report @ http://www.marketdataforecast.com/market-reports/north-america-industrial-starch-market-2297/
The major use of industrial starch can be seen in variety of industrial applications for adhesive formulations. It is generally obtained from different sources such as wheat, potato etc. Apart from its use in the food industry, starch has wide range of uses in non-food industries as well like paper, mining, textile, building materials etc, mainly due to its adhesive property.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/north-america-industrial-starch-market-2297/request-sample
There has been a rapid growth in the food processing industry recently, which resulted in a major driver for the Industrial starch market. Some other major factors include rising demand for convenience foods, increase in adhesive demands by various industries and also the various functionalities of starch in food and non-food industries. However, the restraints and challenges faced by the market include growth of the Arabic Gum Market, alternatives adhesive products such as resin glue, and the high R&D investments.
Inquire before buying @ http://www.marketdataforecast.com/market-reports/north-america-industrial-starch-market-2297/inquire
The North America Industrial Starch market is segmented by source, type, applications and form. The market segmentation based on source is done into potato, corn, wheat, cassava. The market share was dominated by the corn segment. Based on segmentation by type the market is categorized into native starch and starch derivatives & sweeteners. The segment starch derivatives & sweeteners, accounted for the biggest share in the market on the basis of type due to better functionality as well as lower limitation. By applications, the segmentation is done into feed, food & beverages and the paper industry. The market is dominated by the food & beverages industry as a result of the wide usage of starch in food products. Lastly, the market is also segmented by form, where liquid form leads the market share over the dry form, due to ease of storage and high efficiency. On the basis of geography, the North America market is analysed under various regions namely United States and Canada.
Some of the major competitors in the Industrial Starch market include Cargill, Royal Cosun, Archer Daniels Midland Company, Tate & Lyle PLC, Ingredion Incorporated, AGRANA Beteiligungs-AG, Roquette Frères, Grain Processing Company, The Tereos Group, Altia Industrial Services.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
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Market Data Forecast.
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Tel: +1-888- 702-9626
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results