Middle East & Africa Waxy Maize Starch Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Modified Starch and Native Starch), Category (Organic and Conventional), and Application (Food and Beverages, Pharmaceuticals and Nutraceuticals, and Others)

BMIRE00027719 | Pages: 93 | Food and Beverages | Dec 2022 | Type: Regional | Status: Published

The waxy maize starch market in MEA is expected to grow from US$ 127.07 million in 2022 to US$ 197.93 million by 2028. It is estimated to grow at a CAGR of 7.7% from 2022 to 2028.

 

Increasing Strategic Developments by Major Market Players

 

The manufacturers of waxy maize starch are making strategic developments, such as product innovation, plant capacity expansion, and mergers & acquisitions, to strengthen their market position and expand their customer base. Companies are launching new products with unique properties to cater to changing consumer requirements. For instance, in November 2020, Ingredion launched organic instant functional native starch NOVATION 9460. The product is derived from waxy maize. It controls rheological behavior in cake batters, sauces, or other semi-liquids by providing instant viscosity. It can also be used in sweet applications, such as cream and fruit-based fillings, as well as in savory applications, such as sauces and dressings, to enhance their appearance and texture. Such innovative products are gaining huge popularity among consumers. Therefore, rising strategic developments by market players are expected to provide immense opportunities to the waxy maize starch market during the forecast period.

 

Market Overview

 

The Middle East & Africa waxy maize starch market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. Cassava and maize are the two crops that are extensively utilized for the production of starch in the region. The food & beverages industry is growing rapidly in the Middle East as a result of the proliferating tourism industry, changes in demographics, and shifts in consumer dietary habits. It has led to increased demand for starches such as waxy maize starch, which are required for the production of confectionery, bakery, drinks, and other ready-to-eat food and beverage products. Therefore, multinational companies such as Cargill, Incorporated are planning to establish their presence in the Middle East countries by expanding production facilities to meet customer demands.

 

 

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

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

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 MEA Waxy Maize Starch Market Segmentation 

The MEA 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 MEA waxy maize starch market is segmented into organic and conventional. The conventional segment registered a larger market share in 2022.

Based on application, the MEA 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 South Africa, Saudi Arabia, the UAE, and the Rest of MEA. Rest of MEA dominated the market share in 2022.

AGRANA Beteiligungs-AG; Cargill, Incorporated; 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.

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.           MEA 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.           MEA 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 – MEA Market Analysis

6.1         MEA Waxy Maize Starch Market –Revenue and Forecast to 2028

7.           MEA Waxy Maize Starch Market Analysis – By Type

7.1         Overview

7.2         MEA 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.           MEA 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.           MEA Waxy Maize Starch Market Analysis – By Application

9.1         Overview

9.2         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.        MEA Waxy Maize Starch Market – Country Analysis

10.1      Overview

10.1.1     Middle East and Africa: Waxy Maize Starch Market, by Key Country

10.1.1.1       South Africa: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       South Africa: Waxy Maize Starch Market, By Type

10.1.1.1.2       South Africa: Waxy Maize Starch Market, by Category

10.1.1.1.3       South Africa: Waxy Maize Starch Market, By Application

10.1.1.2       Saudi Arabia: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       Saudi Arabia: Waxy Maize Starch Market, By Type

10.1.1.2.2       Saudi Arabia: Waxy Maize Starch Market, by Category

10.1.1.2.3       Saudi Arabia: Waxy Maize Starch Market, By Application

10.1.1.3       UAE: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       UAE: Waxy Maize Starch Market, By Type

10.1.1.3.2       UAE: Waxy Maize Starch Market, by Category

10.1.1.3.3       UAE: Waxy Maize Starch Market, By Application

10.1.1.4       Rest of Middle East and Africa: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1       Rest of Middle East and Africa: Waxy Maize Starch Market, by Type

10.1.1.4.2       Rest of Middle East and Africa: Waxy Maize Starch Market, by Category

10.1.1.4.3       Rest of Middle East and Africa: 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      Roquette Frères

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      Sinofi Ingredients

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      Tokai Denpun Co., Ltd.

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

13.        Appendix

13.1      About The Insight Partners

13.2      Word Index

 

LIST OF TABLES

Table 1.             MEA Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             South Africa Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             South Africa Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 4.             South Africa Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Saudi Arabia Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Saudi Arabia Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Saudi Arabia Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 8.             UAE Waxy Maize Starch Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             UAE Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 10.          UAE Waxy Maize Starch Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Rest of Middle East and Africa Waxy Maize Starch Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of Middle East and Africa Waxy Maize Starch Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of Middle East and Africa Waxy Maize Starch Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14.          List of Abbreviation

 

 

LIST OF FIGURES

Figure 1.           MEA Waxy Maize Starch Market Segmentation

Figure 2.           MEA Waxy Maize Starch Market Segmentation – By Country

Figure 3.           MEA Waxy Maize Starch Market Overview

Figure 4.           MEA Waxy Maize Starch Market, By Type

Figure 5.           MEA 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.        MEA Waxy Maize Starch Market Impact Analysis of Drivers and Restraints

Figure 11.        MEA: Waxy Maize Starch Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        MEA Waxy Maize Starch Market Revenue Share, By Type (2021 and 2028)

Figure 13.        MEA Modified Starch: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)

Figure 14.        MEA Native Starch: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)

Figure 15.        MEA Waxy Maize Starch Market Revenue Share, By Category (2021 and 2028)

Figure 16.        MEA Organic: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)

Figure 17.        MEA Conventional: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)

Figure 18.        MEA Waxy Maize Starch Market Revenue Share, By Application (2021 and 2028)

Figure 19.        MEA Food and Beverages: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)

Figure 20.        MEA Pharmaceuticals and Nutraceuticals: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)

Figure 21.        MEA Others: Waxy Maize Starch Market – Revenue and Forecast To 2028 (US$ Million)

Figure 22.        MEA: Waxy Maize Starch Market, by Key Country – Revenue (2021) (US$ Million)

Figure 23.        Middle East and Africa: Waxy Maize Starch Market Revenue Share, by Key Country (2021 and 2028)

Figure 24.        South Africa: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Saudi Arabia: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)

Figure 26.        UAE: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)

Figure 27.          Rest of Middle East and Africa: Waxy Maize Starch Market –Revenue and Forecast to 2028 (US$ Million)

  1. AGRANA Beteiligungs-AG
  2. Cargill, Incorporated
  3. Roquette Frères
  4. Sinofi Ingredients
  5. Tate & Lyle PLC
  6. Tokai Denpun Co., Ltd.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA waxy maize starch market.        
  • Highlights key business priorities in order to assist companies to realign their business strategies
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  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA 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  
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