The global potato starch market size was estimated to be US$ 510 million in 2020 and is expected to reach US$ 750 million by 2031 at a CAGR of 3.5%.
Potato starch is widely used in the food business as a binder, added substance, thickener, and stabilizer in the preparation of potato chips, noodles, wine gums, mixed drink nuts, wiener frankfurters, pastry shop cream, moment soups and sauces.
It is an unscented, dull and delicate force, extricated from the cells of the potato plant containing starch grains. The essential utilization of potato starch is in textile sizing. It provides food the special surface which fills in as a gelling specialist to supplant materials like gelatin and standard starch.
Potato starch likewise offers medical advantages, namely maintaining direct glucose levels and retaining cancer-causing and poisonous mixtures. A portion of the key aspects controlling development of the worldwide potato starch market are the value instability of crude material and potatoes because of climatic changes. Also, constantly changing environment and occasional varieties are bringing nature of harvests due down to basic and lopsided precipitation designs. These variances are prompting instability in the expenses of yields and hampering development of the worldwide potato starch market. The potato starch market is significantly determined by expanding request of it from end use ventures like food and drugs sector.
The flood in demand for potato starch in the material business for material measuring, particularly for cotton yarns and rising interest for prepared to eat food items, for example, dessert blends, heats items, and others are some different factors that are relied upon to impel the market development. The booming interest for potato starch in the material business for material estimating, ascend in the paper utilization all around the globe and expanded interest in food and drink industry further speed up the potato starch market development.
Moreover, change in buyer inclination towards healthier way of life, alteration in attentiveness, accedes in the rate of populace increase and flood in discretionary cashflow decidedly influence the potato starch market. Besides, variety in the utilization of potato starch in the end-client industry stretches out beneficial possibilities to the potato starch market in major parts in the forecast time of 2021-2031.
Then again, value instability of harvest because of environment changes and variance in the costs of crude materials are the central point going about as limitations and will additionally challenge the potato starch market during 2021-2031.
Europe is seen dominating the potato starch market because of fast urbanization and changing customer inclination. North America and Asia-Pacific are the normal districts as far as development in potato starch market because of rising demand for potato starch in the food and drug enterprises and changing expectations for everyday comforts. Asia-Pacific rules the potato starch for food industry market because of the booming request of comfort food items alongside fast urbanization and changing purchaser inclination in the area, while Asia-Pacific district will hope to fill during 2021-2031 in view of quick urbanization alongside working on expectation for everyday comforts of individuals in the province.
Global Potato Starch Market Value Share Analysis, by Geography (2022)
The report titled “Global Potato Starch Market - Global Market Share, Trends, Analysis and Forecasts, 2022-2032”, wherein 2021 is the historic period, 2022 is the base year, and 20232 to 2032 is the forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Global Potato Starch Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global Potato Starch market is segmented as nature, type, end use, distribution channel, and region. Based on nature, the Potato Starch market is segmented into organic, conventional, and other. Based on type, the Potato Starch market is segmented into native, modified, and others. Based on end use, the Potato Starch market is segmented into food industry, paper industry and others. Based on distribution channel, the Potato Starch market is segmented into indirect and direct, others. Based on geography, the Global Potato Starch Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Italy, France, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, UAE, South Africa and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Global Potato Starch Market. Further, market share of prominent companies in the Global Potato Starch Market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the Potato Starch companies. The Global Potato Starch Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the Potato Starch business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the Global Potato Starch Market.
The key players of the Global Potato Starch Market are AGRANA Beteiligungs-AG, Ingredion Incorporated, AKV Langholt, ALOJA-STARKELSEN, Avebe, Cargill, Incorporated, Emsland Group, Novidon, PEPEES Group, PPZ Trzemeszno Sp, Roquette, Finnamyl Ltd, MANITOBA STARCH PRODUCTS, Tereos, and others.
Global Potato Starch Market Key Segments:
Based on Nature
Based on Type
Based on End use
Based on Distribution channel
Based on Region
The global Potato Starch market was worth US$ 510 million in 2020.
The global Potato Starch market is estimated to exhibit a CAGR of 3.5% in terms of revenue over the forecast period.
AGRANA Beteiligungs-AG, Ingredion Incorporated, AKV Langholt, ALOJA-STARKELSEN, Avebe are the top 5 Potato Starch manufacturers.
Potato starch likewise offers medical advantages, namely maintaining direct glucose levels and retaining cancer-causing and poisonous mixtures.
Based on type, the Potato Starch market is segmented into Native and Modified.
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