The Potato Starch Market is projected to achieve $5.6 billion in value by 2029.
Market Overview and Key Players in Potato Starch
The Potato Starch Market is on a growth trajectory, with
projections estimating it will reach $5.6 billion by 2029, growing at a
compound annual growth rate (CAGR) of 3.9% from 2022 to 2029. This steady
expansion is driven by several factors, including the rising demand for
processed and convenience foods, increased use of potato starch in the paper
industry, and a growing awareness of celiac disease and food allergies.
Additionally, there is an uptick in demand for functional food products, which
is fueling market growth. However, the availability of alternative starches
poses a potential challenge to this market's growth.
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Key Companies in the Potato Starch Market
- Peepes
S.A. (Poland)
Founded in 1960 and headquartered in Łomża, Poland, Peepes
S.A. specializes in natural potato starch products. The company operates
through two primary segments: Food Ingredients and Renewable Energy. Peepes
S.A.’s portfolio includes potato starch, maltodextrin, crystalline glucose, and
more. Its products are utilized across various industries, including food,
pharmaceuticals, animal feed, and paper. Peepes S.A. has processing facilities
in Łomża, Bronisław, and Lublin, and its reach extends to North America,
Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
- Ingredion
Incorporated (U.S.)
Ingredion, established in 1906 and based in Chicago, U.S.,
focuses on producing starches, sweeteners, and nutritional ingredients. With
operations in five segments—Food, Beverage, Animal Nutrition, Brewing, and
Others—Ingredion processes native and modified starches from potatoes, tapioca,
and other sources. The company's products serve diverse industries such as
food, beverage, and animal nutrition, and it has a significant presence in
North America, Europe, Asia-Pacific, Latin America, and the Middle East &
Africa.
- Emsland
Group (Germany)
Founded in 1928, Emsland Group, headquartered in Emlichheim,
Germany, produces ingredients from plant-based raw materials for various
industries. Its offerings include flakes, granulates, starches, and derivatives
used in food, building materials, and paper industries. Emsland Group also
manufactures dextrins and proteins. With seven manufacturing plants and a
robust distribution network, the company serves markets in North America,
Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
- Cargill,
Incorporated (U.S.)
Established in 1865 and headquartered in Minneapolis, U.S.,
Cargill is a major player in food, agriculture, and industrial products. It
operates through segments including Food Ingredients & Bio-industrial and
Agriculture Supply Chain & Energy, offering starches derived from maize,
wheat, tapioca, and potatoes. With manufacturing facilities in 70 countries,
Cargill's products are distributed globally, encompassing North America,
Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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- AGRANA
Beteiligungs-AG (Austria)
AGRANA, founded in 1988 and based in Vienna, Austria,
processes agricultural commodities for industrial applications. Its three
business segments are Fruit, Starch, and Sugar. AGRANA’s starch production
facilities are located in Austria and Eastern Europe, producing starches for
various uses, including technical applications. The company has a strong global
presence and a significant workforce.
- Novidon
B.V. (Netherlands)
Founded in 2004 and headquartered in Nijmegen, Netherlands,
Novidon B.V. specializes in the R&D, production, and marketing of potato
starch. The company’s products are used in adhesives, oil, gas, mining, and
more. As part of the Duynie Group, Novidon B.V. benefits from a broad
distribution network and a presence in North America, Europe, Asia-Pacific,
Latin America, and the Middle East & Africa.
- HANSELAND
Ltd. (Turkey)
HANSELAND, established in 2004 and headquartered in Izmir,
Turkey, transforms renewable raw materials into additives for various
industrial applications, including paper, adhesives, and food. Its food segment
offers products like baby food, sweeteners, and potato starch. With
affiliations in Malaysia and the Netherlands, HANSELAND has a strong global
presence.
- KMC
a.m.b.a. (Denmark)
Founded in 1933 and headquartered in Brande, Denmark, KMC
a.m.b.a. is a cooperative of Danish starch potato farmers. The company’s
product portfolio includes potato-based coatings, flakes, and starches for
diverse applications. KMC operates globally, with a significant presence in 86
countries and a robust distribution network.
- Südstärke
GmbH (Germany)
Established in 1916 and based in Sünching, Germany,
Südstärke GmbH produces potato-based products such as starch and protein. The
company processes approximately 600,000 tons of potatoes annually and has a
strong geographic presence across North America, Europe, Asia-Pacific, Latin
America, and the Middle East & Africa.
- Roquette
Frères (France)
Founded in 1933 and headquartered in Lestrem, France,
Roquette Frères offers specialty food ingredients and pharmaceutical
excipients. Its potato starch products are used in bio-industry and
fermentation. With 25 operating plants and a global distribution network,
Roquette Frères serves markets across North America, Europe, Asia-Pacific,
Latin America, and the Middle East & Africa.
To gain more insights into the market with a
detailed table of content and figures, click here: https://meticulousblog.org/top-10-companies-in-potato-starch-market/
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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