The Global Potato Starch Market Is Estimated To Be Valued At USD 4.3 Billion In 2022. Growing At A CAGR Of 3.7% During The Forecast Period.

Potato Starch Market Overview:

Potato starch is derived from the tuber-producing plant "Potato", a crop grown on a large scale worldwide. Potato starch contains less lipid, protein, and ash than starches extracted from cassava and corn. Compared with starchy grains such as wheat, corn, and rice, potato starch has larger, more pure granules, with long amylose and amylopectin chains. However, certain properties of potato starch, such as low pyrolysis, heat and shear resistance, and high retrogradation tendency, limit its use in industrial applications. Potato starch is superior to other starches, such as corn starch, due to its high consistency, excellent and flexible file formation, cohesive power, and low gelatinization temperature when gelatinized.

Potato Starch market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Potato Starch market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we considered the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

• In March 2021, Ingredion Incorporated launched a new ULTRA-TEX 1311 potato starch range for the US and Canadian markets. It helps to leverage waxy potato starch’s unique benefits for thickening and texturizing across a variety of use.
• In July 2020, Emsland Group entered into a strategic partnership with the Brenntag Group (Russia). This strategic decision has reorganized the sales structure of the Emsland Group in Russia. Brenntag took over the distribution of Emsland’s product portfolio for the food industry. The product portfolio also includes technical specialty products, such as native starches, modified starches, proteins, and fibers from peas and potatoes.
• In October 2018, The Avebe and Hanze Universities partnered to increase social prosperity in the northern region. The initiative also promotes regional cooperation.
• In September 2018, SiccaDania started the manufacturing of VIMAL’s third state-of-the-art manufacturing facility in Chernihiv, Ukraine, in September 2018. The new facility aims at increasing the total revenues of potato producers across the country.

Major Segments Covered in the Global Potato Starch Market:

Market Key Players:
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), Avebe (NL), Roquette (FR), Aloja Starkelsen (LV), Pepees (PL), Penford (Ingredion) (US), Vimal (UA), Lyckeby (SE), PPZ Niechlow (PL), Western Polymer Corporation (US), AKV L, and Others.

Potato Starch Market, by Types:

• Modified Potato starch
• Native Potato Starch

• Conventional Potato Starch
• Organic Potato Starch

Potato Starch Market, by Function

• Thickener
• Binder
• Stabilizer
• Disintegrant
• Other Functions

Potato Starch Market by Applications:

• Food And Beverages Industry
  • Bakery And Confectionery Products
  • Dairy Products
  • Soups And Sauces and Savoury & Prepared Food Products
  • Meat And Seafood Products
  • Other Food and Beverage Products
• Paper Industry
• Chemical Industry
• Texitile Industry
• Other Industry

Potato Starch Market by Regions:

The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.
North America is dominating the potato starch market share due to growing demand from the food and beverage industry. The market in this region is primarily driven by growing trends in clean label and plant-based products. Consumers these days are looking for products that are good for their health. The popularity of functional foods, such as healthy snacks using starch as a natural additive, is increasing.

The European market for potato starch holds the second largest share of the global market, owing to growing interest in organic and plant-based foods in the region. This directly promotes the growth of the organic starch segment in the region. Moreover, the increasing trend of consuming natural foods in this region will propel market growth in the coming years.

The Asia Pacific market is expected to grow at a significant CAGR. Demand for starch in this region is mainly driven by thriving food industries in developing countries such as India and China. The increasing popularity of ready-to-eat and ready-to-cook products in the region is driving demand for this starch in the food processing industry in the region. The growing interest in western cuisines is expected to increase the demand for sauces, dressings, bakery products, and convenience foods, driving the market growth in the region.

South America and the Middle East & Africa regions are growing at moderate rates due to the pandemic situation. The major impacted countries, such as Brazil and South Africa, have a major impact on non-essential foods. This led to a decrease in sales of potato starch.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

DRIVING FACTORS

Over the past few years, the trend of clean label products has gained traction as the demand for healthier, safer and more natural products has increased. Starch is gaining popularity because it fits well with the clean label tag. Starch is used as a natural additive to increase the thickness and stability of a variety of foods and beverages. Research and innovation on potato-derived starch has proven to work well in applications such as sauces, soups, and gluten-free products. Potato derivatives are also utilized as plant-based binders to enhance sensory appeal in a variety of foods. Growing demand for organic and clean label products is expected to boost the demand for potato-based organic starches in the coming years.

A thriving global food industry drives innovation and new product development from leading manufacturers. Nowadays, people look for nutritious products that provide indulgence. Starch is primarily used as a binder, thickener, and texturizer in foods such as bakery, soup, sauce, confectionery, and meat industries. It is gaining popularity as a cost-effective and clean alternative for food processors. The growing popularity of vegetarian meat substitutes is expected to increase the demand for this starch as a low-cost meat substitute.

RESTRAINING FACTORS

Growing awareness among consumers about the health risks of excessive carbohydrate intake is a major restraint to the growth of this market. People are shifting their preference toward low-carb diets to reduce the risk of lifestyle-related health conditions such as obesity, cardiovascular disease and diabetes. According to the UK's Global Diabetes Community, 415 million people worldwide had diabetes in 2018, and by 2040 that number is expected to rise to 642 million. It is expected to hinder the growth of the market in the foreseeable years.

Report Scope of Global Potato Starch Market:

Points Covered in the Report

• The points that are discussed within the report are the major market players that are involved in the Market such as Market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years of data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, region, type, application and etc., and custom research can be added according to specific requirements.
• The report contains a SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Frequently Asked Questions-

What is the CAGR of the Potato Starch market?

The Potato Starch Market is growing at a CAGR of 3.7% During the Forecast Period.

 What are the key types and applications of the Potato Starch market?

- By Types (Modified Potato starch, Native Potato Starch), By Nature(Conventional Potato Starch, Organic Potato Starch), By Function (Thickener, Binder, Stabilizer, Disintegrant, Other Functions)

- Food And Beverages Industry, Paper Industry, Chemical Industry, Texitile Industry, Other Industries

Who are the key players in the Potato Starch market?

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), Avebe (NL), Roquette (FR), Aloja Starkelsen (LV), Pepees (PL), Penford (Ingredion) (US), Vimal (UA), Lyckeby (SE), PPZ Niechlow (PL), Western Polymer Corporation (US), AKV L, and Others.

Any special requirements about this report, please let us know and we can provide a custom report.

Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.