Product Code: ETC105419 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Corn Starch market currently, in 2023, has witnessed an HHI of 3544, Which has decreased slightly as compared to the HHI of 5178 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) corn starch market has witnessed steady growth in recent years. Corn starch is a versatile ingredient used in various industries, including food and beverage, pharmaceuticals, textiles, paper, and more. The market`s expansion can be attributed to the increasing demand for convenience and processed foods, which often incorporate corn starch as a thickening and stabilizing agent. Additionally, the growing awareness about the benefits of corn starch as a natural and gluten-free alternative to wheat-based starches has further boosted its consumption in the UAE. Moreover, the country`s flourishing hospitality and tourism industry, coupled with the rising disposable incomes of consumers, have also contributed to the market`s growth, as corn starch finds extensive use in food preparations and foodservice establishments.
Several factors act as drivers for the UAE corn starch market. Firstly, the steady population growth and urbanization have led to an increased demand for processed and convenience foods, which often utilize corn starch as an essential ingredient. Furthermore, the food industry`s emphasis on clean-label and natural ingredients has driven the demand for corn starch as a preferred thickener and stabilizer in various food products. The pharmaceutical sector`s growth in the UAE has also boosted the demand for corn starch in drug formulations. Additionally, the rise in the production of paper and textiles in the country has contributed to the market`s growth, as corn starch is widely used in these industries for sizing and coating applications.
Despite the favorable growth prospects, the UAE corn starch market faces certain challenges. One of the primary challenges is the dependence on imported corn starch. The UAE relies heavily on imports to meet its corn starch requirements, which can be subject to price fluctuations and supply chain disruptions. Moreover, the increasing competition from alternative starch sources and substitutes poses a challenge to the market`s growth. Consumers` shifting preferences towards other plant-based starches and modified starches for specific applications can impact the demand for traditional corn starch. Additionally, the availability of locally sourced raw materials for corn starch production remains limited, leading to a reliance on international suppliers.
The Covid-19 pandemic had a mixed impact on the UAE corn starch market. During the initial phases of the pandemic, there was a surge in demand for staple foods and essential products, including those containing corn starch. As consumers stocked up on essential goods, the demand for packaged foods and beverages utilizing corn starch as an ingredient increased. However, the closure of restaurants, hotels, and catering services due to lockdowns resulted in a temporary decline in demand for corn starch used in the foodservice industry. Furthermore, disruptions in the supply chain and logistics posed challenges for both manufacturers and consumers. Nevertheless, with the gradual easing of restrictions and the return of economic activities, the market showed signs of recovery.
Companies such as Cargill, Incorporated, Ingredion Incorporated, Tate & Lyle PLC, ADM Corn Processing, and Roquette Fr?res are among the prominent players in the market. These companies are actively engaged in research and development to innovate and offer a diverse range of corn starch-based products tailored to various applications. Furthermore, strategic partnerships, acquisitions, and expansions are common strategies employed by these key players to strengthen their market position and cater to the evolving demands of the UAE market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Corn Starch Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Corn Starch Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Corn Starch Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Corn Starch Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Corn Starch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Corn Starch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Arab Emirates (UAE) Corn Starch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Corn Starch Market Trends |
6 United Arab Emirates (UAE) Corn Starch Market, By Types |
6.1 United Arab Emirates (UAE) Corn Starch Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Corn Starch Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 United Arab Emirates (UAE) Corn Starch Market Revenues & Volume, By Native Starch, 2018 - 2031F |
6.1.4 United Arab Emirates (UAE) Corn Starch Market Revenues & Volume, By Modified Starch, 2018 - 2031F |
6.1.5 United Arab Emirates (UAE) Corn Starch Market Revenues & Volume, By Sweeteners, 2018 - 2031F |
6.2 United Arab Emirates (UAE) Corn Starch Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Corn Starch Market Revenues & Volume, By Food and Beverages, 2018 - 2031F |
6.2.3 United Arab Emirates (UAE) Corn Starch Market Revenues & Volume, By Animal Feed, 2018 - 2031F |
6.2.4 United Arab Emirates (UAE) Corn Starch Market Revenues & Volume, By Pharmaceuticals and Chemicals, 2018 - 2031F |
6.2.5 United Arab Emirates (UAE) Corn Starch Market Revenues & Volume, By Textiles, 2018 - 2031F |
6.2.6 United Arab Emirates (UAE) Corn Starch Market Revenues & Volume, By Paper and Corrugates, 2018 - 2031F |
6.2.7 United Arab Emirates (UAE) Corn Starch Market Revenues & Volume, By Others, 2018 - 2031F |
7 United Arab Emirates (UAE) Corn Starch Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Corn Starch Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Corn Starch Market Imports from Major Countries |
8 United Arab Emirates (UAE) Corn Starch Market Key Performance Indicators |
9 United Arab Emirates (UAE) Corn Starch Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Corn Starch Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Corn Starch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Arab Emirates (UAE) Corn Starch Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Corn Starch Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Corn Starch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |