Industrial Starch Market is expected to expand at a CAGR of 7.0% from 2020 to 2028
Industrial Starch Industry Overview The global industrial starch market size is expected to reach USD 167.50 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.0% from 2020 to 2028. The increasing consumption of convenience food products, coupled with the growth of the pharmaceutical and paper industry, is anticipated to augment the demand for industrial starches. Industrial Starch Market Segmentation Grand View Research has segmented the global industrial starch market on the basis of source, product, application, and region: Based on the Source Insights, the market is segmented into Corn, Wheat, Cassava, Potato and Others Corn held the largest share of over 76.0% in 2020 in terms of revenue. Corn starch is a carbohydrate extracted from the endosperm of corn seeds. Corn starch is gluten-free and thereby is gaining traction in the market. It is a good source of energy and prevents low blood sug...