Quick Summary:
The global potato starch market continues to display notable strength and consistent growth, with rising demand in diverse applications across the food, paper, textile and pharmaceutical industries. This high-potency starch is lauded for its neutral taste, high-binding strength, minimal fat or protein content, and ability to lend a light, fluffy texture in baked goods, thus driving its popularity. Furthermore, the consumption of this robust raw material also helps regulate blood sugar level and promote the absorption of essential minerals like magnesium and calcium.
The market for potato starch offers a wealth of opportunities for its various applications, including its utilization as a binder, additive, thickener and stabilizer in food preparations. The increasing global consumption of convenience food and the evolving demand in the pharmaceutical industry for this product as an excipient signal a great potential for market growth. Moreover, textile, paper and chemical industries regularly employ potato starch due to its solubility and adhesive properties. The use of advanced methods in processing and separation further elevates the product's quality, providing an additional boost to the market's progress.
Potato starch is a fine powder extracted from the root tubers of the potato plant which contain minimal fat or protein. It is characterized by a neutral taste and has high-binding strength and minimal foaming. It gives a light, fluffy texture to baked goods such as quick bread and muffins. Its consumption also assists in regulating blood sugar level and absorbing magnesium and calcium. Due to its diverse properties, it has gained popularity as a raw material in the food, paper, textile and pharmaceutical industries.
Potato starch is extensively utilized in the food industry as a binder, additive, thickener and stabilizer in the preparation of potato chips, noodles, wine gums, cocktail nuts, hot dog sausages, bakery cream, instant soups and sauces. The growing consumption of convenience food across the globe is one of the major factors that is contributing to the growth of the market. Moreover, it is utilized as an excipient in the production of pharmaceuticals, and to finish and stiffen various types of fabrics in the textile industry. Besides this, it is also employed in the paper and chemical industries for its solubility and adhesive properties. Further, manufacturers have started employing specialty enzymes, chemicals and organic solvents while processing to improve the product quality. They have also shifted towards better separating devices like hydrocyclone that provides three-phase centrifugal separation to yield defined starch granules.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global potato starch market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on category and application.Breakup by Category:
- Native Starch
- Modified Starch
- Sweeteners
Breakup by Application:
- Food Applications
- Industrial Applications
Regional Insights:
- Europe
- Asia Pacific
- North America
- Latin America
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players operating in the market.- Avebe
- Emsland Group
- KMC
- Roquette
- Ingredion Incorporated
Key Questions Answered in This Report:
- What was the size of the global potato starch market in 2022?
- What is the expected growth rate of the global potato starch market during 2023-2028?
- What has been the impact of COVID-19 on the global potato starch market?
- What are the key factors driving the global potato starch market?
- What is the breakup of the global potato starch market based on the category?
- What is the breakup of the global potato starch market based on the application?
- What are the key regions in the global potato starch market?
- Who are the key players/companies in the global potato starch market?
Report Attribute | Details |
---|---|
No. of Pages | 127 |
Published | March 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value in 2022 | 4.1 Million Tons |
Forecasted Market Value by 2028 | 4.8 Million Tons |
Compound Annual Growth Rate | 2.6% |
Regions Covered | Global |
No. of Companies Mentioned | 5 |
Table of Contents
Companies Mentioned
- Avebe
- Emsland Group
- KMC
- Roquette
- Ingredion Incorporated
Methodology
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