MEA Food Starch Industry Overview
The Middle East & Africa food starch market is highly fragmented, with many local and international players competing for market share. Archer Daniels Midland Company holds the dominant position in the market. The other leading participants in the market are TATE & LYLE PLC, Cargill Incorporated, Ingredion Inc., and Roquette Frères among others. These companies have set their focus on research and development, expansion, partnership, and innovation, in order to retain their position within the market or gain an advantage over their competitors.
Additionally, companies are focusing on expanding their network of innovation centers, which enables them to collaborate with customers for new product development and reformulations, as well as make investments accordingly. For instance, in June 2020, Tate & Lyle PLC made a distribution partnership with Solevo, a leading distributor of chemicals and inputs for specific industrial and agricultural segments in Africa. This agreement comes from the companies' shared ambition to offer high-quality food and beverage ingredients, including low-calorie sweeteners, and health and wellness ingredients such as starch, soluble fiber, textures, stabilizers, and acidulants.
MEA Food Starch Market Leaders
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Cargill Incorporated
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Archer Daniels Midland Company
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TATE & LYLE PLC
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Ingredion Inc.
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Roquette Frères
- *Disclaimer: Major Players sorted in no particular order
