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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Potato Starch Market Analysis
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.
Potato Starch Market Report Snapshots
*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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Key Questions Answered in the Report
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