Waxy Maize Starch Market Size, Share & Trend Analysis, By Type, By Nature, By End Use Industry, By Geography Competitive Tactics, and Segment Forecast to 2030

Waxy Maize Starch Market: Introduction

According to Reports and Insights analysis, the global waxy maize starch market is estimated to be US$ 3,606.6 Mn in 2022. Furthermore, the waxy maize starch market to register a CAGR of 5.6% which is expected to result in a market forecast value for 2030 of US$ 5,553.3 Mn.

 

The Reports and Insights team has drafted a market research report on the waxy maize starch market with the objective of identifying the primary market drivers, market trends, challenges, and opportunities that business owners encounter. The report includes the market segmentation forecast, geographic perspective, and recent market developments for waxy maize starch. Additionally, it provides extensive information on market size, market share, industry and product insights, SWOT analysis, Porter's five forces analysis, PESTEL analysis, heat map analysis, market forecast, and prominent market players waxy maize starch.

Waxy maize starch, also commonly known as waxy corn starch, can be understood as carbohydrates obtained from corn. These carbohydrates consist of significant amounts of amylopectin starch which makes the waxy maize starch a useful supplement that is high in energy. Owing to its beneficial properties, waxy maize starch has gained huge popularity as a nutritional supplement among athletes and bodybuilders as it helps in the restoration of glycogen content in the muscles in no time. Also, it is easier to absorb the supplement into the gut. Attributing to such factors, the waxy maize starch market is projected to grow significantly over the years.

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Waxy Maize Starch Market: Dynamic

Drivers:

Growing Trend of Sports Nutrition Supplements:

The association between good health and good nutrition is deeply-rooted. Focus on good nutrition and its impression on athletic performance is now a science in itself. No matter if one is a rival sportsman, a weekend athlete or a dedicated fitness freak, the institution to enhance performance is a nutritionally sufficient diet. Waxy maize starch, publicized as a big step forward in post workout carbohydrates, is categorized to be absorbed substantially faster than conventionally used restoration carbohydrates like maltodextrin and dextrose owing to its greater molecular weight and a reduced osmolality. Attributing to such beneficial factors, waxy maize starch is a highly preferred carbohydrate source among others for numerous athletes who are required to top up their muscle glycogen levels as fast as possible. Said factors are estimated to thrust the waxy maize starch market growth over the forecast period.

Soaring Demand of Starches Among Various End-Use Industries:

Waxy maize starch, as a plant-based ingredient, is also commonly used as emulsifier, thickening agents, viscosifiers among other things. Owing to which, the waxy maize scratch is gaining huge demand across several end-use industries across the world. As for instance, considering its thickening properties, it gains huge demand in the personal care & beauty products, including hair care products, skincare products, and body care products. The waxy maize starch helps in enhancing the stability and texture of beauty products, making them light and comfortable to apply and enhance their overall performance. Furthermore, waxy maize starch is further gaining popularity among packaged and processed food items such as Pasta, Bread, Soups, and other bakery products as it enriches the texture as well as taste of such food products. Attributing to high demand from various end-use industries, the global waxy maize starch market is estimated to witness major breakthroughs over the years.

Waxy Maize Starch Market: Opportunity

Growing Manufacturers’ Interest in New Product Development

The leading players all across the market are intrigued with the rapid emergence of organic starches and its applications across various end-use industries, which is projected to pose as a lucrative opportunity for the growth of the waxy maize starch market over the future years. The waxy maize starch is used as a stabilizer and additive across various end use industries, including textiles, food, and medicine. In the textile industry, waxy maize starch works as an additive that helps in friction resistance, moisture resistance, and mechanical endurance. In addition to that, the starch also functions as a stabilizer as well as filler for colorful inks when textile is overprinted. Moreover, the detergent manufacturing industry also utilizes starches in order to make biodegradable, skin-friendly, and non-toxic detergents. Said factors are projected to offer significant push to the market growth to the global waxy maize starch market in the coming years.

Waxy Maize Starch Market Segmentation

These segments provide a detailed understanding of the market and help identify the growth opportunities in different regions and end-use industries. The market participants can use this information to design effective marketing strategies and target specific segments of the market to increase their market share.

The waxy maize starch market is segmented based on type, nature, end use industry and region.

By Type

Native

Modified

By Nature

Organic

Conventional

By End Use Industry

Food & Beverages

            Bakery & Confectionery

            Dairy Products & Frozen Desserts

            Sauces, Soups and Dressings

            Infant Nutrition

            Other Food Products

Textile

Detergent Manufacturing

Personal Care & Beauty

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

 

Waxy Maize Starch Market Key Players

Some of the key participating players in the waxy maize starch market are:

Cargill, Incorporated

Tate & Lyle PLC

AGRANA Beteiligungs-AG

Manildra Group

Roquette Frères

Sinofi Ingredients

Tokai Denpun Co., Ltd.

Sanwa Starch Co., Ltd.

New Zealand Starch Limited

SAMYANG CORPORATION

 

Waxy Maize Starch Market: Regional Analysis

North America:

North America, in present times, is leading the waxy maize starch market among all regions. The growing demand for processed and convenience foods across the region is one of the major factors that is primarily boosting the North America waxy maize starch market. In addition to that, the rise of the cornstarch business in the United States is one of the chief reasons why there is an easy availability of corn as a raw material in the region along with low costs. 

Europe:

Europe also holds a significant share in the global waxy maize starch market among all regions. One of the major factors that is primarily driving the Europe waxy maize starch market is the rising demand of nutritional supplements across the market along with the growing health awareness among people. In addition, the busy lifestyle of people is also propelling the demand for processed foods across the market. Owing to which, the Europe waxy maize starch market is projected to rise substantially over the years.

Asia Pacific:

Asia Pacific is projected to witness rapid growth in the waxy maize starch market in the future years. The rising awareness among consumers regarding their well-being and the increasing availability of nutritional supplements across the market are a couple of the major factors that are estimated to boost the market growth in the Asia Pacific region. Moreover, the growing infrastructure facilities and lowered labor costs is also estimated to contribute positively in the substantial growth of the Asia Pacific waxy maize starch market over the forecast period.