The Potato Starch Market is projected to reach $5.6 billion by 2029.

 Meticulous Research®—a leading global market research firm—has recently released a detailed study titled ‘Potato Starch Market by Nature (Conventional, Organic), Type (Modified, Native), Function (Thickener, Binder, Stabilizer, Disintegrant), Application (Food [Bakery, Dairy], Beverages, Paper Industry, Animal Feed, Pharmaceutical)–Global Forecasts to 2029’. This report provides an in-depth analysis of the potato starch market, covering various segments, applications, and geographic regions.

According to Meticulous Research®'s latest report, the potato starch market is expected to reach a value of $5.6 billion by 2029, growing at a compound annual growth rate (CAGR) of 3.9% from 2022 to 2029. In terms of volume, the market is projected to attain 5,128.5 thousand tons by 2029, with a CAGR of 3.6% during the same period. This growth is primarily driven by increased demand for processed and convenience foods, expanding use of potato starch in the paper industry, rising prevalence of celiac disease and other food allergies, and growing interest in functional food products. Despite these positive trends, the presence of alternative starches in the market is anticipated to pose a challenge to market expansion.

The potato starch market is categorized based on nature (conventional, organic), type (modified potato starch, native potato starch), function (thickener, binder, stabilizer, disintegrant, and other uses), application (food & beverages, paper industry, pharmaceuticals & chemicals, animal feed, and others), and geography. The report also includes a competitive analysis of industry players and examines market trends at regional and country levels.

Market Segmentation:

  1. By Nature: The potato starch market is divided into organic and conventional segments. The organic segment is expected to witness the highest CAGR during the forecast period from 2022 to 2029. This rapid growth is attributed to the increasing consumer preference for sustainable and natural foods, as well as heightened awareness about clean-label products. Organic potato starch is perceived as safer and healthier due to the absence of chemicals and pesticides, bolstering its market growth.
  2. By Type: The market is segmented into modified potato starch and native potato starch. In 2022, modified potato starch is projected to hold the largest market share. The significant share of this segment is due to the broad applications of modified potato starch in food and beverages, pharmaceuticals, and the paper industry, owing to its enhanced functional properties.
  3. By Function: Potato starch is categorized by its functions, including thickener, binder, stabilizer, disintegrant, and other functions. In 2022, the thickener segment is anticipated to dominate the market. This dominance is driven by the extensive use of potato starch as a thickening agent in the food & beverage, pharmaceuticals, and paper industries. Its ability to provide thickness and texture to food products meets consumer demands for stable texture under various conditions.
  4. By Application: The potato starch market is segmented into food & beverages (including bakery & confectionery products, dairy products, soups & sauces, savory & prepared foods, meat & seafood, and other food products), paper industry, pharmaceuticals & chemicals, animal feed, and other applications. The food & beverages segment is expected to experience the highest CAGR from 2022 to 2029. This growth is driven by rising consumer awareness of natural ingredients, the wide range of potato starch applications in the food and beverage sector, increasing preference for clean label and healthy products, and the growing demand for ready-to-eat and ready-to-cook food items.

Geographic Analysis:

The report provides a comprehensive analysis of key regions, including North America (U.S. and Canada), Europe (Germany, U.K., France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa.

In 2022, Europe is expected to hold the largest share of the potato starch market. This substantial market share is attributed to the rising demand for convenience foods, growing health and wellness concerns, a well-established food and beverage industry, and strong demand for organic and gluten-free food products. Conversely, the Asia-Pacific region is projected to exhibit the fastest growth rate during the forecast period.

This report from Meticulous Research® provides valuable insights into the potato starch market, highlighting trends, growth drivers, and potential challenges. With a detailed analysis of market segments and geographical regions, it offers a comprehensive overview of the market's future prospects up to 2029.

Key Players:

The potato starch market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the potato starch market are Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), Roquette Frères (France), AGRANA Beteiligungs-AG (Austria), Emsland Group (Germany), KMC a.m.b.a. (Denmark), Südstärke GmbH (Germany), Peepes S.A. (Poland), Novidon B.V. (Netherlands), HANSELAND Ltd. (Turkey), Royal Ingredients Group B.V. (Netherlands), Meelunie B.V. (Amsterdam), and Agrum Foods India Pvt. Ltd (India).               

Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5382 

Key Questions Answered in the Report-

  • What is the current value of revenue generated by the global potato starch market?
  • At what rate is the global demand for potato starch projected to grow for the next 5-7 years?
  • What is the historical market size and growth rate for the potato starch market?
  • What are the major factors impacting the growth of this market at global and regional levels? What are the major opportunities for existing players and new entrants in the market?
  • What impact does the current COVID-19 pandemic have on the potato starch market?
  • Which nature, type, function, and application segments create major traction for the manufacturers in this market?
  • What are the key geographical trends in this market? Which regions/countries are likely to offer significant growth opportunities for the manufacturers in this market during the analysis period?
  • Who are the major players in the potato starch market? What are their specific product offerings in this market?
  • What recent developments have taken place in the potato starch market? What impact have these strategic developments created on the market?
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Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
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