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South America Starch Derivatives Market is segmented by Type (Maltodextrin, Cyclodextrin, Glucose Syrups, Hydrolysates, Modified Starch, and Others); Source (Corn, Wheat, and Other Sources); Application (Food and Beverage, Feed, Paper Industry, Pharmaceutical Industry, Cosmetics, and Other Industrial Applications), and Geography
South America Starch Derivatives market is projected to grow at a CAGR of 3.41% during the forecast period.
South America starch derivatives market includes revenue generated through maltodextrin, cyclodextrin, glucose syrups, hydrolysates, modified starch, and others. The report also covers corn, wheat, other sources. By application, the market is segmented into food and beverage, feed, paper industry, pharmaceutical industry, cosmetics, and other industrial applications. Additionally, the study includes market revenue in major countries in the region which includes Brazil, Colombia, and Argentina.
|Food and Beverage|
|Other Industrial Applications|
|Rest of South America|
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Starch made from corn contains only carbohydrates, which is termed as a gluten-free product. Owing to this reason, corn starch is an excellent gluten-free alternative to other starches. Moreover, starch derived from corn is known for its thickening properties. Furthermore, the paper industry utilizes corn starch as filler and sizing material. It also finds application in textile, laundry, foundry, air flotation, and adhesives. While much of the starch is employed in its natural form, it is also easily converted to other forms. In addition, most corn starch is made into starch syrups and the balance is made up of native and modified starches.
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Brazil has witnessed a significant growth owing to a rise in demand for starch derivatives for convenience foods & beverages. In addition, the functional properties possessed by starch derivatives have also been instrumental in promoting their use in the pharmaceutical, cosmetic, and bioethanol industries in the country. Furthermore, the country is one of the major cassava processors in the region and has the presence of approximately 72 starch manufacturers as of 2017 and can process 21.5 thousand tons of roots per day. In addition, the country’s growing consumer market is suitable for more value-added food products, especially infant food, ice cream, and sports drinks driving the demand for starches.
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South America starch derivatives market is fragmented with numerous players existing in the market. Companies like Cargill Inc. and Archer Daniels Midland Company, being the key players, have been expanding their reach through merger, expansion, and acquisition, in order to strengthen their positions in the regional market.
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.1.3 Glucose Syrups
5.1.5 Modified Starch
5.2 By Source
5.2.3 Other Sources
5.3 By Application
5.3.1 Food and Beverage
5.3.3 Paper Industry
5.3.4 Pharmaceutical Industry
5.3.6 Other Industrial Applications
5.4 By Geography
5.4.4 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Position Analysis
6.3 Company Profiles
6.3.1 Archer Daniels Midland Company
6.3.2 Cargill, Incorporated
6.3.3 Tereos S.A
6.3.4 Ingredion Incorporated
6.3.5 Tate & Lyle PLC
6.3.6 Sudzucker Group
6.3.7 Molinos Juan Semino SA
6.3.8 AGRANA Beteiligungs-AG
7. MARKET OPPORTUNITIES AND FUTURE TRENDS