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|Germany: 110,000 tons of potatoes processed in the starch factory Kyritz|
Cassava exports to hit US$1 billion this year
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Growth in global starch consumption is expected to increase and hit 133.5 million metric tons by 2018
Posted on : 05 Nov, 2012
Demand for starch continues to surge as global starch consumption is expected to increase and hit 133.5 million metric tons by 2018. “Economy recovery, rise in per capita consumption, and growing demand for starch products from developing nations” are reportedly the driving factors for the industry’s bright outlook.
The growing use of starch in a diverse range of applications and sectors such as food and beverages, medicine, cosmetics and pharmaceuticals signals a growing demand for starch and its derivatives. Continuous growths in the individual sectors, such as the food and beverages segment, prove to further propel the starch industry into greater potential.
With a greater demand worldwide, the starch market looks to move beyond traditional starch sources and explore more economical alternatives such as cassava and sweet potato. This reduces the stress on crops such as corn, which was badly affected by the North American drought that was experienced earlier this year.
Find out more about the potential of the starch market, opportunities and risks, and how to diversify such risks and gain more from this growing global demand. Leverage on the network of experts and key industry players at the upcoming 2nd Starch World.
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Read the complete article here.
Source : http://www.cmtevents.com/aboutevent.aspx?ev=130106
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