The total starch producon is ~85 MMT, of which, 53 percent goes into sweeteners, 36 percent

into nave starches, and 11 percent into modified starches. Of these, corn accounts for 68 percent
of modified starches and the bulk of sweeteners as feedstock. The market for modified starch is
projected to reach a value of $ 11.1 billion by 2020, at a CAGR of 4.1 percent from 2015.

It is esmated that approximately 64.6 MMT of corn starch was produced in 2016. The potenal
suppliers are located in the US, China, certain regions of the EU and Asia. The global corn starch
market is expected to grow staggering 4.85 percent in the forecast period

Corn starch, used as a thickener or binder, constutes a minimal percentage of the total corn starch
applicaon. Major applicaon of corn starch in the food sector covers a broad spectrum of dairy,
confeconery, bakery, meat products and etc.

US and China are the major producers of corn starch, holding about 30 percent and 28 percent of
the global share respecvely. US-based global companies, such as Cargill, Roquee, and ADM, ulize corn
starch to manufacture sorbitol Therefore, the key regions to focus are the US, China, as well as
major producing countries in the EU, and parts of Asia, other than China

Therefore, the key regions to focus on for the suppliers are the US, China, as well as major
producing countries in the EU, and parts of Asia, other than China The most dominant region among
these is North America, both in terms value and volume The Asia Pacific corn starch market is
expected to expand at the highest CAGR of 6.4 percent over the forecasng horizon

The Global Corn Starch

market size was 19.12 Billion USD in 2016 and it will be 28.42 Billion USD in 2023, with a CAGR 4.62%
from 2017 to 2023.
Some of the key players in the global native starch market include Cargill, Ingredion, Tate & Lyle, Archer
Daniels Midland Company, Riddhi Siddhi Gluco Biols Ltd. and Gulshan Polyols Ltd.

The global modified starch market was valued at $9.27 bn in 2016 and is forecast to grow at a steady
CAGR of 5.9% between 2017 and 2024, culminating in 2024 global sales of $14.67 bn.

Global Native Starch Market will exceed US$ 7 Billion by the end of year 2024.

Some of the key players in the global native starch market include Cargill, Ingredion, Tate & Lyle, Archer
Daniels Midland Company, Riddhi Siddhi Gluco Biols Ltd. and Gulshan Polyols Ltd.

According to Transparency Market Research (TMR), the global corn or maize starch market is estimated
to be valued at a whopping US $22.1 billion by the end of this year. Infact it is expected to increase by a
staggering 4.8% over the forecast period.

Global Corn Starch market is expected to cross US$ 50 Billion by 2024.