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The global corn starch market was valued at $13,671.6 million in 2019, and is projected to reach $17,066.2 million by 2027, registering a CAGR of 6.4% from 2021 to 2027.
Corn starch, also known as corn flour and maize starch, is derived from corn through wet milling, steeping, grinding, purifying, and drying. Corn starch is a white, odorless, and tasteless powder used extensively in the bakery and confectionary industries, and is widely adopted as a staple food ingredient, globally. Apart from having application in the food and beverage industry, it is used in paper production, textile production, pharmaceuticals, and cosmetics.
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Global Corn Starch Market (2020 to 2027) - by Type, Application, Form and Region - ResearchAndMarkets.com
February 12, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 12, 2021
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Corn starch, also known as corn flour and maize starch, is derived from corn through wet milling, steeping, grinding, purifying, and drying. Corn starch is a white, odorless, and tasteless powder used extensively in the bakery and confectionary industries, and is widely adopted as a staple food ingredient, globally. Apart from having application in the food and beverage industry, it is used in paper production, textile production, pharmaceuticals, and cosmetics.
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Increasing interest in soy food products from mainstream consumers who want to include more plant-based foods in their diet is creating demand from food and beverage processors, who in turn are demanding more soy derivatives from manufacturers. Mainstream consumers are influenced by various factors: increasing research about the health benefits of the soybean and products derived from it; support from health professionals and the media about the value of soy in the diet; an FDA ruling that a health claim can be made for soy protein if certain criteria are met; and increasing distribution of soy-based foods into mainstream stores as more mainstream processors enter the market.