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Industrial Starch Market: Industrial starch is used by the industries for adhesive purpose and also has a wide range of applications. Generally, starch is obtained from various sources like cassava, potato, wheat etc. Starch has several uses not only in the food industry but also in non-food industries also such as paper, textile, mining, building materials due to its adhesive property. Industrial starch market players are majorly adopting the growth strategies such as expansions, investments, product launches, mergers and acquisitions etc. in order to gain the larger market share. Companies which are associated with the industrial corn starch market are focusing on cost-effective solutions that are aimed towards the various applications in frozen food and dairy products. Market players in Cassava starch are riding their expansion on new product developments. The advanced technologies in starch modification helped the market players to attain the significant position in the industrial starch market. For example, in March 2016, Avebe entered into the last stage of potato harvesting campaign after which they can be able to harvest superior quality foodstuffs for the development of starch from potato and extend their production. Companies are concentrating on focusing on R&D improve capabilities of modified starch and production of high-quality starch products. Roquette Group has extracted modified starches from waxy maize, maize, wheat, pea and potato for the use in confectionery and bakery industries. Roquette Group has also acquired 3 Indian companies of starch production and formed a joint venture business to broaden its presence in Asia-Pacific market for the industrial starch. In May 2017, Tate & Lyle, P.L.C. London based company introduced seventeen non-bioengineered starches which offer same functionality as their conventional counterparts. In 2017 April, Ingredion introduced new texturizer Precisa Crisp 31 and Precisa Crisp 320 (native corn starch) and Precisa Crisp 130 and Precisa Crisp 151(Modified tapioca starch) for baked chips.
