According to the report, the global potato starch market reached a volume of 3.67 million tons in 2022. Aided by the increasing demand for gluten-free solutions in food products and the versatile nature of potato starch in various industrial applications, the market is projected to further grow at a CAGR of 4.5% between 2023 and 2028 to reach a volume of 4.75 million tons by 2028.
Potato starch, extracted from the cells of the root tuber of the potato plant, has garnered significant attention as an essential ingredient in the food and beverage industry due to its exceptional texturing properties. Recognised for its high viscosity, strong gelling power, and its ability to form a transparent gel, potato starch acts as an impeccable thickener, binder, and stabiliser in a plethora of dishes ranging from soups to desserts.
A dominant driver behind the thriving global potato starch market growth is the escalating demand for gluten-free products. With a growing segment of the global population diagnosed with celiac disease and gluten sensitivity, there has been a paradigm shift towards gluten-free diets. This has fuelled the quest for suitable gluten-free alternatives, with potato starch emerging as a frontrunner due to its neutral taste, smooth texture, and excellent water-binding capacity.
Further amplifying the popularity of potato starch is its adoption across diverse industries. In the realm of textiles, it’s utilised as a warp sizing agent. In the paper industry, it serves to enhance the paper’s strength, and in the pharmaceutical sector, it’s an admired binder for tablets.
Moreover, the trend of clean labelling in food products further accentuates the potato starch market demand. As consumers worldwide become more health-conscious and discerning about ingredient lists, the demand for natural and unadulterated ingredients has skyrocketed. Potato starch, being a natural and unmodified starch, aligns perfectly with this growing consumer preference, lending credibility and trustworthiness to the products it graces.
Additionally, the unique properties of potato starch, such as its superior thickening capability and unmatched gelling strength, give it a competitive edge, ensuring its persistent relevance in the market.
Geographically, Europe accounts for a significant portion of the potato starch market share, driven by its rich potato cultivation history and its vast array of traditional dishes that employ potato starch. The Asia-Pacific, with its burgeoning food processing industry and escalating population, also promises to be a lucrative market for potato starch in the foreseeable future.
This high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Potato starch, extracted from the cells of the root tuber of the potato plant, has garnered significant attention as an essential ingredient in the food and beverage industry due to its exceptional texturing properties. Recognised for its high viscosity, strong gelling power, and its ability to form a transparent gel, potato starch acts as an impeccable thickener, binder, and stabiliser in a plethora of dishes ranging from soups to desserts.
A dominant driver behind the thriving global potato starch market growth is the escalating demand for gluten-free products. With a growing segment of the global population diagnosed with celiac disease and gluten sensitivity, there has been a paradigm shift towards gluten-free diets. This has fuelled the quest for suitable gluten-free alternatives, with potato starch emerging as a frontrunner due to its neutral taste, smooth texture, and excellent water-binding capacity.
Further amplifying the popularity of potato starch is its adoption across diverse industries. In the realm of textiles, it’s utilised as a warp sizing agent. In the paper industry, it serves to enhance the paper’s strength, and in the pharmaceutical sector, it’s an admired binder for tablets.
Moreover, the trend of clean labelling in food products further accentuates the potato starch market demand. As consumers worldwide become more health-conscious and discerning about ingredient lists, the demand for natural and unadulterated ingredients has skyrocketed. Potato starch, being a natural and unmodified starch, aligns perfectly with this growing consumer preference, lending credibility and trustworthiness to the products it graces.
Additionally, the unique properties of potato starch, such as its superior thickening capability and unmatched gelling strength, give it a competitive edge, ensuring its persistent relevance in the market.
Geographically, Europe accounts for a significant portion of the potato starch market share, driven by its rich potato cultivation history and its vast array of traditional dishes that employ potato starch. The Asia-Pacific, with its burgeoning food processing industry and escalating population, also promises to be a lucrative market for potato starch in the foreseeable future.
Market Segmentation
The market can be divided based on product category, application, and region.Market Breakup by Product Category
- Native Starch
- Modified Starch
- Sweeteners
Market Breakup by Application
- Food
- Industrial
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global potato starch market. Some of the major players explored in the report are as follows:- Cargill, Incorporated
- Tereos
- Roquette Frères
- Avebe
- AGRANA Beteiligungs-AG
- Emsland Group
- Novidon
- Others
About the Publisher
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.This high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Industry Opportunities and Challenges11 Value Chain Analysis16 Loans and Financial Assistance19 Industry Events and Developments
3 Report Description
5 Executive Summary
6 Snapshot
8 Global Potato Starch Market Analysis
9 Regional Analysis
10 Market Dynamics
12 Trade Data Analysis (HS Code - 110813)
13 Price Analysis
14 Manufacturing Process
15 Project Details and Cost Analysis
17 Project Economics
18 Competitive Landscape
Companies Mentioned
- Cargill
- Incorporated
- Tereos
- Roquette Frères
- Avebe
- AGRANA Beteiligungs-AG
- Emsland Group
- Novidon
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 170 |
Published | September 2023 |
Forecast Period | 2023 - 2028 |
Estimated Market Value in 2023 | 3.81 Million Tonnes |
Forecasted Market Value by 2028 | 4.75 Million Tonnes |
Compound Annual Growth Rate | 4.5% |
Regions Covered | Global |
No. of Companies Mentioned | 8 |