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The global potato starch market attained a volume of 3.84 million tons in 2023. The market is expected to grow further in the forecast period of 2024-2032, growing at a CAGR of 4.4%. It is projected to reach 5.66 million tons by 2032.
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Europe is the leading market for potato starch, accounting for over 70% of the market share. Potatoes accounted for 30% of the total starch production in Europe. The total starch output in the European Union in 2017 witnessed a growth of 1% as compared to 2016 to reach 9.4 million metric tons. Potato is a major feedstock in the EU. In 2017, the starch industry in the region used nearly 7.2 million tonnes of potatoes, which accounted for almost 12% of the total production of the tuber in the EU. The Asia Pacific and North America are the other significant markets for the starch after Europe.
The market is dependent on the potato industry for its growth. The degree of starch content which can be extracted from the tubers depends on the amount of potato dry matter (DM) content. Potatoes used to manufacture starch usually have 25% dry matter content with 19.2% starch. In 2017, almost 388,191,000 tonnes of potatoes were produced globally. While Europe, North America, and the USSR led the market in the 1990s, Asia, Africa, and Latin America emerged as some of the leading markets in the world due to a dramatic increase in the production and demand for potatoes. In 2007, the potato production in emerging economies surpassed the output in developed nations. Currently, China is the leading producer of the tuber, globally. China along with India accounts for nearly a third of the world’s harvested potatoes. In 2017, China’s output of the tuberous crop stood at 99, 205, 600 tonnes, while India’s production attained a volume of 48,605,000 tonnes. China and India were followed by the Russian Federation, Ukraine, the United States, and Germany as other significant producers of the tuber.
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Potato starch derived from potatoes. Starch grains are contained within the cells of the root tubers, which are extracted by crushing the potatoes. The grains are subsequently washed and dried into a powder. The product categories of potato starch available in the market are:
They find extensive application in the food industry, followed by the industrial sector, among others. The EMR report provides an overview of the regional markets like North America, Europe, Latin America, Middle East and Africa, and Asia Pacific.
The global potato starch market is being driven by the thriving food and beverage industry, especially in the emerging economies. It is used as thickener, gluing agent, bulking ingredient, water binder, and anti-caking ingredient, among others, in food segments like the meat industry, bakeries, confectionery, and dry blends. The rising disposable income and a growing middle-class population are also aiding the potato starch market growth with people consuming more convenient and processed foods. Potato starch is used in ready-to-eat products and mixes, such as baked goods, and dessert mixes. It is also being preferred due to its added health benefits like reducing the absorption of carcinogenic compounds, helping lower blood glucose levels, and increasing the absorption of minerals like magnesium and calcium.
The industry is also finding impetus for its growth in its expanding application in the textile industry. It is used in the textile industry to stiffen and finish fabrics. The growth in the overall textile industry, especially in emerging economies like China and India, is also aiding the potato starch market. It is primarily used for textile sizing, particularly for cotton yarns. It is also used as an adhesive within the industry. It is being widely used in the sector due to its various favourable properties like water holding capacity, superior biding ability, and high viscosity, among others. It is also finding extensive application as an adhesive in the packaging as well as other industrial sectors.
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March 2020- Ingredion Incorporated announced its acquisition of the US-based native and modified potato starch producer, Western Polymer.
The report gives a detailed analysis of the following key players in the global potato starch market, looking into their capacity, market share, and latest developments like expansions of capacity, plant turnarounds, and mergers, acquisitions, and investments:
The EMR report assesses the value chain of the market and provides an in-depth insight into the manufacturing processes. The report analyses the market based on the Porter’s Five Forces model. It also gives a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Category |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global potato starch market attained a volume of 3.84 million tons.
The potato starch market is projected to grow at a CAGR of 4.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of 5.66 million tons by 2032.
The major drivers include rising disposable incomes, increasing population, thriving food and beverage industry, rising demand from the developing regions, expanding application in the textile industry, and growing technological advancements.
The key trend guiding the growth of the potato starch market include the rising demand for various food products including ready to mix and ready to eat products, such as baked good, curry and dessert mixes.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Europe accounting for the largest share in the market.
Native, modified, and sweetener are the major product categories of potato starch type in the market.
Food segment is leading the application sector of the market.
The major players in the market are Cargill, Incorporated, Tereos, Roquette Frères, Avebe, AGRANA Beteiligungs-AG, Emsland Group, and Novidon, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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