Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Potato Starch Market Size

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.

 

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.

 

Potato Starch Market Report Snapshots

Potato Starch Market Size

Potato Starch Market Analysis

Potato Starch Companies

 

*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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40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

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+44-753-713-2163

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