The waxy maize starch market in North America is expected to grow from US$ 585.90 million in 2022 to US$ 885.61 million by 2028. It is estimated to grow at a CAGR of 7.1% from 2022 to 2028.

Growing Applications of Waxy Maize Starch in Pharmaceuticals & Nutraceuticals Industry

Waxy maize starch is used as a diluent, disintegrating agent, filler, and binding agent in various pharmaceutical products, such as tablets, hard capsules, blends, and premixes. It is an ideal pharmaceutical excipient owing to its excellent binding, water retention, and thickening properties. Waxy maize starch is utilized in sports nutrition and body-building products due to its high amylopectin content and high molecular weight. It also helps quickly replenish the muscle glycogen store and aid recovery. Supplement manufacturers are using waxy maize starch in their products to offer innovative products with high nutritive value. Consumers are concentrating on nutrition and wellbeing due to the rising prevalence of various health conditions, such as obesity, diabetes, high blood pressure, and heart diseases. This has created strong demand for dietary supplements, including protein, vitamin, and mineral supplements. Thus, the growing applications of waxy maize starch in the pharmaceuticals & nutraceuticals industry is significantly driving the growth of the waxy maize starch market.

Market Overview

The North America waxy maize starch market is segmented into the US, Canada, and Mexico. According to the Canadian Biotechnology Action Network, approximately a half-million acres of waxy corn are grown each year in the US, which is less than 0.5% of acres of corn in the country. In North America, waxy maize starch is significantly utilized in the food industry due to its stabilization and texturizer properties as a food additive. The increasing demand for convenient foods and ready-to-cook instant products, which require maize starch as a food additive, is expected to boost the market growth. The demand for convenience products can be attributed to the changing lifestyle and shift in consumer preferences. In the past few years, the need for gluten-free food has increased, owing to health-conscious and gluten-intolerant consumers, majorly in the US and Canada. This shift in the food eating habits of consumers has led to increased production of gluten-free products from alternative sources such as maize. Along with the food industry, the demand for waxy corn starch is expected to boost due to the rising number of applications in adhesive, pharmaceutical & nutraceutical, and paper & pulp production sectors.

North America Waxy Maize Starch Market Revenue and Forecast to 2028 (US$ Million)

North America Waxy Maize Starch Market Segmentation

The North America waxy maize starch market is segmented into type, category, application, and country.

Based on type, the market is segmented into native starch and modified starch. The native starch segment registered a larger market share in 2022.

Based on category, the North America waxy maize starch market is segmented into organic and conventional. The conventional segment registered a larger market share in 2022.

Based on application, the North America waxy maize starch market is segmented into food and beverages, pharmaceuticals and nutraceuticals, and others. The food and beverages segment registered the largest market share in 2022.

Based on country, the market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022.

AGRANA Beteiligungs-AG; Cargill, Incorporated; Manildra Group; Roquette Frères; Sinofi Ingredients; Tate & Lyle PLC; and Tokai Denpun Co., Ltd. are the leading companies operating in waxy maize starch market in the region.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
4. North America Waxy Maize Starch Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis
4.4.1 Raw Material Suppliers
4.4.2 Manufacturers
4.4.3 End-use Industries
5. North America Waxy Maize Starch Market — Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Waxy Maize Starch in Food Industry
5.1.2 Growing Applications of Waxy Maize Starch in Pharmaceuticals & Nutraceuticals Industry
5.2 Market Restraints
5.2.1 Availability of Substitute for Waxy Maize Starch
5.3 Market Opportunities
5.3.1 Increasing Strategic Developments by Major Market Players
5.4 Future Trends
5.4.1 Surging Demand for Organic Waxy Maize Starch
5.5 Impact Analysis of Drivers and Restraint
6. Waxy maize starch – North America Market Analysis
6.1 North America Waxy Maize Starch Market –Revenue and Forecast to 2028
7. North America Waxy Maize Starch Market Analysis – By Type
7.1 Overview
7.2 North America Waxy Maize Starch Market, By Type (2021 and 2028)
7.3 Modified Starch
7.3.1 Overview
7.3.2 Modified Starch: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Native Starch
7.4.1 Overview
7.4.2 Native Starch: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Waxy Maize Starch Market Analysis – By Category
8.1 Overview
8.2 Waxy Maize Starch Market, By Category (2021 and 2028)
8.3 Organic
8.3.1 Overview
8.3.2 Organic: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Conventional
8.4.1 Overview
8.4.2 Conventional: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Waxy Maize Starch Market Analysis – By Application
9.1 Overview
9.2 North America Waxy Maize Starch Market, By Application (2021 and 2028)
9.3 Food and Beverages
9.3.1 Overview
9.3.2 Food and Beverages: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Pharmaceuticals and Nutraceuticals
9.4.1 Overview
9.4.2 Pharmaceuticals and Nutraceuticals: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Waxy Maize Starch Market – Country Analysis
10.1 Overview
10.1.1 North America: Waxy Maize Starch Market, by Key Country
10.1.1.1 US: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Waxy Maize Starch Market, By Type
10.1.1.1.2 US: Waxy Maize Starch Market, by Category
10.1.1.1.3 US: Waxy Maize Starch Market, by Application
10.1.1.2 Canada: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Waxy Maize Starch Market, By Type
10.1.1.2.2 Canada: Waxy Maize Starch Market, by Category
10.1.1.2.3 Canada: Waxy Maize Starch Market, By Application
10.1.1.3 Mexico: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Waxy Maize Starch Market, By Type
10.1.1.3.2 Mexico: Waxy Maize Starch Market, by Category
10.1.1.3.3 Mexico: Waxy Maize Starch Market, By Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Product Development
12. Company Profiles
12.1 Cargill, Incorporated
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Tate & Lyle PLC
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 AGRANA Beteiligungs-AG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Manildra Group
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Roquette Frères
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Sinofi Ingredients
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Tokai Denpun Co., Ltd.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

LIST OF TABLES

Table 1. North America Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. US Waxy Maize Starch Market, Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. US Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 4. US Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada Waxy Maize Starch Market, Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico Waxy Maize Starch Market, Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Waxy Maize Starch Market Segmentation
Figure 2. North America Waxy Maize Starch Market Segmentation – By Country
Figure 3. North America Waxy Maize Starch Market Overview
Figure 4. North America Waxy Maize Starch Market, By Type
Figure 5. North America Waxy Maize Starch Market, By Country
Figure 7. Porter’s Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Waxy Maize Starch Market – Ecosystem
Figure 10. North America Waxy Maize Starch Market Impact Analysis of Drivers and Restraints
Figure 11. North America: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Waxy Maize Starch Market Revenue Share, By Type (2021 and 2028)
Figure 13. North America Modified Starch: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. North America Native Starch: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. North America Waxy Maize Starch Market Revenue Share, By Category (2021 and 2028)
Figure 16. North America Organic: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. North America Conventional: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. North America Waxy Maize Starch Market Revenue Share, By Application (2021 and 2028)
Figure 19. North America Food and Beverages: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. North America Pharmaceuticals and Nutraceuticals: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. North America Others: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. North America: Waxy Maize Starch Market, by Key Country – Revenue (2021) (US$ Million)
Figure 23. North America: Waxy Maize Starch Market Revenue Share, by Key Country (2021 and 2028)
Figure 24. US: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Canada: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Mexico: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America waxy maize starch market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the North America waxy maize starch market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the waxy maize starch market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

● AGRANA Beteiligungs-AG
● Cargill, Incorporated
● Manildra Group
● Roquette Frères
● Sinofi Ingredients
● Tate & Lyle PLC
● Tokai Denpun Co., Ltd.

At 7.1% CAGR, the North America Waxy Maize Starch Market is speculated to be worth US$ 885.61 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the North America waxy maize starch market was valued at US$ 585.90 million in 2022 and is expected to reach US$ 885.61 million by 2028, registering a CAGR of 7.1% from 2022 to 2028. Rising demand for waxy maize starch in food industry and growing applications of waxy maize starch in pharmaceuticals & nutraceuticals industry are the critical factors attributed to the market expansion.

The food industry is growing at a tremendous pace due to rising population, changing lifestyles of people, increasing per capita income, and surging demand for convenience food. Waxy maize starch has more than 99% amylopectin content. It is used as a bulking agent, thickener, and texturizer in many food products, such as soups, sauces, fillings, and custards. Moreover, it has a neutral taste and excellent binding capacities, which provide desired texture to the food products. Furthermore, waxy maize starch has high thermal and sheer stability, which makes it an ideal ingredient in canned and extruded food products. It has a high viscosity that imparts excellent texture to gravies, puddings, and fruit fillings. The manufacturers are also developing products that meet the changing consumer requirements. For instance, the demand for clean-label, gluten-free, non-GMO (genetically modified organisms), and plant-based products is increasing as consumers become health conscious. Thus, the rising demand for waxy maize starch for manufacturing various food products is driving the overall market growth. In addition, hectic work schedules and busy lifestyles of people, the rising number of dual-income families and single-person households and increasing population of working women drive the consumption of convenience food. Waxy maize starch is widely used in convenience food products such as baked goods, soups, snacks, sauces, and dressings. As a result, the demand for waxy maize starch is increasing.

On the contrary, availability of substitute for waxy maize starch hurdles the growth of North America waxy maize starch market.

Based on type, the North America waxy maize starch market is segmented into native starch and modified starch. The native starch segment held 54.5% market share in 2022, amassing US$ 319.58 million. It is projected to garner US$ 490.93 million by 2028 to expand at 7.4% CAGR during 2022–2028.

Based on category, the North America waxy maize starch market is segmented into organic and conventional. The conventional segment held 85.7% market share in 2022, amassing US$ 502.08 million. It is projected to garner US$ 750.03 million by 2028 to expand at 6.9% CAGR during 2022–2028.

Based on application, the North America waxy maize starch market is segmented into food and beverages, pharmaceuticals and nutraceuticals, and others. The food and beverages segment held 65.2% market share in 2022, amassing US$ 381.78 million. It is projected to garner US$ 572.55 million by 2028 to expand at 7.0% CAGR during 2022–2028.

Based on country, the North America waxy maize starch market is segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 71.8% market share in 2022. It was assessed at US$ 420.54 million in 2022 and is likely to hit US$ 658.89 million by 2028, exhibiting a CAGR of 7.8% during the forecast period.

Key players dominating the North America waxy maize starch market are AGRANA Beteiligungs-AG; Cargill, Incorporated; Manildra Group; Roquette Frères; Sinofi Ingredients; Tate & Lyle PLC; and Tokai Denpun Co., Ltd. among others.

In 2022, Cargill, Incorporated launched Beauty’s StarDesign Starch Range.