GITNUX MARKETDATA REPORT 2024
Corn Starch Industry Statistics
The Corn Starch Industry is projected to experience steady growth in the coming years due to increasing demand in various sectors such as food and beverage, pharmaceuticals, and paper manufacturing.
Statistic 1
"The global corn starch market reached a value of nearly $14 billion in 2020."
Statistic 2
"The corn starch market is expected to exhibit a CAGR of 5.4% from 2021 to 2026."
Statistic 3
"The US and China are the top corn-producing countries, greatly contributing to the corn starch industry."
Statistic 4
"The corn wet-milling process contributes over 80% of total corn starch production."
Statistic 5
"Modified corn starch accounts for about 60% of the corn starch market."
Statistic 6
"By 2025, the corn starch industry is projected to reach $22 billion in worth."
Statistic 7
"The North American market for corn starch is expected to reach $4.1 billion by 2021."
Statistic 8
"By 2027, the global corn starch industry's value is expected to reach USD 18.31 Billion."
Statistic 9
"The paper industry is the highest consumer within the corn starch market, holding 30% of the overall market."
Statistic 10
"Corn syrup solids make up 55% of the corn starch market, based on product type."
Statistic 11
"The US alone accounts for 80% of the corn used in the production of corn starch worldwide."
Statistic 12
"Europe’s corn starch market value was pegged at approximately USD 1.37 billion in 2018."
Statistic 13
"Over 90 million acres of land in the United States are dedicated to corn growth to supply the corn starch industry."
Statistic 14
"Sweeteners derived from corn starch make up over 55% of the global market."
Statistic 15
"The corn refining industry, which includes corn starch, contributes over $29.3 billion to the US economy annually."
Statistic 16
"The global industrial starch market, which largely consists of corn starch, is expected to reach USD 106.64 billion by 2025."
Statistic 17
"Brazil, Argentina, and Ukraine are the next largest producers of corn after the US and China, supplying the corn starch market."
Statistic 18
"The corn starch industry employs over 75,000 people directly and impacts more than 430,000 jobs in the United States."
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