PUBLISHER: Value Market Research | PRODUCT CODE: 1459596
PUBLISHER: Value Market Research | PRODUCT CODE: 1459596
The global demand for Potato Starch Market is presumed to reach the market size of nearly USD 6.51 Billion by 2032 from USD 3.95 Billion in 2023 with a CAGR of 5.7% under the study period 2024 - 2032.
Potato starch is a finely textured, white powder derived from potatoes. It is primarily used as a thickening agent, stabilizer, or binder in various food products. Potato starch is gluten-free and versatile, making it suitable for gluten-free recipes or substitute for other starches. It's commonly used in baking, soups, and sauces and as a coating for frying, contributing to texture and consistency in food preparation.
The increasing consumer inclination towards clean labels and natural ingredients drives potato starch's popularity as a clean-label alternative to synthetic thickeners and stabilizers. Potato starch's versatility and functional properties make it a popular ingredient in various food and non-food applications. As a gluten-free and non-allergenic starch, potato starch is extensively used as a thickening agent, stabilizer, and texturizer in food products such as soups, sauces, bakery goods, and snacks. Additionally, the expanding food processing industry, particularly in emerging markets, is fueling the demand for potato starch as manufacturers seek cost-effective and sustainable ingredients to meet the growing consumer demand for processed foods. Furthermore, advancements in potato cultivation techniques and processing technologies are improving the quality and yield of potato starch, further driving market growth. Moreover, the non-food applications of potato starch, such as in the paper, textile, and pharmaceutical industries, contribute to market expansion by offering new revenue streams for potato starch manufacturers. However, price volatility, supply chain disruptions, and competition from alternative starch sources will likely hinder market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of potato starch. The growth and trends of potato starch industry provide a holistic approach to this study.
This section of the potato starch market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Potato Starch market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Potato Starch market include Emsland Group, Cargill Inc., Ingredion Inc., Novidon B.V., Ettlinger Corp., ADM, Royal Ingredients Group B.V., Pepees Group, KMC, Roquette Freres. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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