Potato Starch Market was Valued at USD 3.49 Billion

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Potato starch refers to the fine white powder obtained from potatoes primarily used as a thickening agent in several food and beverage products across the world. Potato starch usually consists of two major types of carbohydrates, amylose & amylopectin. Recently, MarkNtel Advisors issued a research report stating that the Global Potato Starch Market size was valued at USD 3.49 billion in 2023 and is estimated to grow at a CAGR of around 3.1% during the forecast period, i.e., 2024-30.

According to the published report, the market growth is accredited to the rising demand for plant-based food products along with the mounting applications of potato starch in numerous segments such as textile, paper, etc. Potato starch possesses several characteristics and qualities, such as stabilizing, texturizing, and thickening agents that are vital in the making of diverse food products, leading to its burgeoning demand from the food & beverage industry.

Potato starch is used across an extensive range of foods like sauces, soups, bakery, confectionary, processed foods, ready-to-eat meals, and others, which is boosting its market globally. Moreover, with the budding necessity for processed & gluten-free food products, the adoption and utilization of potato starch across various industries is supposed to escalate, further enhancing the market growth.

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Examining the Segmentation of the Global Potato Starch Market

  • By Nature (Organic and Conventional)
  • By Type (Native and Modified)
  • By End User (Food & Beverages (Bakery & Confectionery Products, Processed Foods, Beverages, and Others (Ready to Eat Foods, Noodles, etc.)), Feed, and Industrial (Paper, Pharmaceuticals, Cosmetics, Biodegradable Plastic, and Others))
  • By Region (North America, South America, Europe, The Middle East & Africa, and Asia-Pacific)

In the forecast period, the Organic segment is expected to embrace a major share of the Potato Starch Market. The segment’s growth is prominently owed to the mounting consumer inclinations towards organic and sustainably obtained products. The demand for goods made with organic elements has been intensifying swiftly owing to rising consumer awareness regarding their health and wellness. Furthermore, the majority of the population worldwide is constantly seeking healthy, natural, and organic ingredients in their cosmetics and food products for healthier health & skin, which is driving the segment’s growth.

Europe is anticipated to retain a substantial share of the Global Potato Starch Market. Europe has an extensive production of potatoes & potato starch manufacturing industries making the region leading among all. The highest potato starch is produced and exported by the regional countries, such as the Netherlands, Germany, and France. Hence, the robust infrastructure & unconventional procedures for taking out starch heighten the potato starch production in Europe.

Unveiling the Prominent Stakeholders in the Global Potato Starch Market

The prominent competitors in the Global Potato Starch Market include Emsland-Stärke GmbH, Vimal PPCE, Tereos International SA, Cargill Incorporated, Pepees S.A., KMC (Kartoffelmelcentralen), Tate & Lyle Netherlands B.V., Coöperatie Koninklijke Avebe U.A., Roquette Freres, Radchen USA Inc, Royal Ingredients Group, Susdtarke GmbH, Lyckeby Amylex, Inc, Agrana Beteiligungs, and AKV Langholt AMBA, among others. These companies constantly implement evolving tactics and market strategies to strengthen their position, thus boosting the overall market growth.

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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