The market is dominated by domestic suppliers, as imports account for 15.7% of total market size in 2022. B2B drives market demand, with B2B spending representing 90.6% of total demand in 2022. The US has the largest market size for starches and starch products across the top 20 developed countries, with demand reaching USD9.9 billion in 2022. Archer Daniels Midland Co is the largest company in the US, generating 30.8% of the industry’s total production value in 2022. The industry is concentrated, with the top four companies generating 78.9% of total production value in 2022. The total number of companies increases in 2022, to 74 units. The costs of the industry increase by 4.5% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 5.4% of production value in 2022, the 18th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 25.0% of total production output. With production value of USD11.5 billion, the US accounts for 95.5% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Starches and Starch Products in the US: ISIC 1532. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Starches and Starch Products in the US: ISIC 1532 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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