INDUSTRIAL STARCHES MARKET ANALYSIS

Regional Analysis

• By Region: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa

Global Industrial Starches Market: Regional Analysis

Among regions, North America is expected to dominate the global industrial starches market over the forecast period, and this is attributed to the high production of starches in the region. According to the European Starch Industry Association, in 2020, the total starch production in Europe, which included wheat, maize, and potatoes, stood at 11.5 million metric tons in comparison to 10.7 million metric tons in 2018. The European Starch Industry Association is the trade association, and its membership comprises 28 EU starch-producing companies, representing more than 95% of the EU starch industry. North America is also expected to gain the fastest growth over the forecast period due to high corn production. The US is the largest producer of corn with a production of 383.94 million metric tons in 2021-2022, which is utilized in various application areas, including the production of starch. According to the Coherent Market Insights analysis, the US industrial starches market was valued at US$ 13,310.58 million in 2021, and it is projected to reach US$ 16,599.22 million by 2027, registering a CAGR of 3.78% during the forecast period (2022-2030).