
Global Potato Starch Market Share & Market Size: Forecast (2023-2028)
By Nature (Organic, Conventional), By Type (Native, Modified), By End User (Food and Beverages , Feed, Industrial), By Region (North America, South America, Europe, The Middle East...& Africa, Asia-Pacific), By Company (Emsland Group, Vimal PPCE, Tereos, Cargill, Pepees SA, KMC, Tate & Lyle, AVEBE, Roquette, Radchen USA INC., Royal Ingredients Group, SÜDSTÄRKE GMBH, Lyckeby, Argana Beteiligungs , AKV Langholt AMBA, Others) Read more
- Food & Beverages
- Jul 2023
- 192
- FB10230
Market Definition
A fine white-colored powdered content obtained from potatoes is termed potato starch. The starch is extracted from the tubers of the potato plants by practicing a proper process in which the potatoes are crushed & the starch granules are separated from the cell structures. Once the extraction is done, the starch is washed, dried, and grounded into a fine paste. It is primarily utilized as a binder, stabilizer, and thickener in several foods & broad range of recipes.
Market Insights & Analysis: Global Potato Starch Market (2023-28):
The Global Potato Starch Market size reached USD 3.5 Billion in 2022 & is estimated to grow at a CAGR of around 2.1% during the forecast period, i.e., 2023-28. The ever-changing consumer preferences & their inclination towards completely plant-based food products are aiding in uplifting the demand graph of the market. Since the historical period, potato starch has been witnessing a great demand from the food & beverage industry owing to its qualities such as stabilizing, texturizing, and thickening, that is very much essential for preparing several kinds of food products. It is used in a wide range of foods, like sauces, soups, bakery, confectionary, processed foods, ready-to-eat meals, and others. Also, with the emerging need for processed, gluten-free, and processed food items, the usage of potato starch is presumed to up ride, eventually influencing the market growth.
Report Coverage | Details |
---|---|
Study Period | Historical Data: 2018-21 |
Base Year: 2022 | |
Forecast Period: 2023-28 | |
CAGR (2023-2028) | 2.1% |
Regions Covered | North America: US, Canada, Mexico |
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe | |
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific | |
South America: Brazil, Argentina, Rest of South America | |
Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA | |
Key Companies Profiled | Emsland Group, Vimal PPCE, Tereos, Cargill, Pepees SA, KMC, Tate & Lyle, AVEBE, Roquette, Radchen USA INC., Royal Ingredients Group, SÜDSTÄRKE GMBH, Lyckeby, Argana Beteiligungs , AKV Langholt AMBA, Others |
Market Value (2022) | USD 3.5 Billion |
Presently, with the escalating percentage of diseases due to food habits, most of the population across the globe is preferring to intake healthy & plant-based organic food that doesn’t consist of any artificial preservatives. Hence, the majority of the food & beverage industry is adopting potato starch as an add-on to their food products to serve fully plant-based healthy food to consumers. In line with this, plant-based & clean label products are expected to contribute to heightening the demand for potato-based derivatives. The starch of potatoes is becoming a very choice over other starches, including corn, wheat, rice, etc., due to the excellent binding power, high consistency, flexible file formation, and low gelatinization temperature.
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Starch has also been utilized in the industrial sector as a result of its many applications, such as deforming, encapsulating, emulsifiers, etc. The requirement for potato starch is emerging from numerous industrial sectors as they have the ability to impart textural characteristics & help in the formation of a gel-like substance or films used for producing industrial goods. The starch is chemically & physically modified to enhance its quality for better performance in various industrial applications
This, in turn, is also emphasizing creating a positive market outlook in the future period. Furthermore, numerous expansions, investments, agreements, and collaborations across the sectors like industrial and food & beverage are also presumed to support upscaling the demand growth of the potato starch market size. .
Global Potato Starch Market Driver:
Soaring Demand for Functional & Convenience Food Products – The growing consumer inclination towards healthy & functional foods and dietary supplements to stay healthy & active is acting as one of the prominent drivers pushing the market growth. The surging awareness about micronutrient deficiencies, rising health concerns, ever-increasing disposable income, etc., across the globe, is generating the demand for functional foods, which is eventually influencing the Market. Moreover, with the ever-changing lifestyle convenience food products that are becoming part of the regular diet of individuals in numerous regional countries, especially in developed countries are also predicted to boost the potato starch market.
Convenience foods are ready-to-eat food & are pre-packed as they provide convenience & aid in saving long cooking time like traditional cooking. In these food products, starch is added to enhance the functional properties. Thus, owing to its enhancing quality, demand for potato starch is predicted to soar, further driving the global potato starch market growth in the coming years as well.
Global Potato Starch Market Opportunity:
Booming Popularity of Natural Ingredients & Clean Label – Clean-label and natural food products are becoming more & more prevalent among consumers & are creating a large opportunistic arena for the Global Potato Starch Market in the forecast years. Being a naturally generated substance, potato starch is a great fit for clean-label & natural food products. By promoting potato starch as a sustainable alternative for food makers aiming to satisfy customer preferences, the potato starch-producing industry may take advantage of the emerging need for clean-label ingredients, further affecting the Potato Starch Market price, eventually elevating the revenue growth of the market during 2023-28.
Global Potato Starch Market Challenge:
Easy Availability of the Alternatives or Substitute to Hinder the Market Growth – Owing to the easy availability of the alternatives, such as corn, wheat, rice, tapioca, and several others, the market for potato starch is anticipated to witness a challenge, as there are wide ranges of alternatives. These substitute starches have similar properties to potato starch & with some differences in accordance to the chemical & nutrient content that makes them an alternative choice for several industries. These substitutes also have more health benefits than potato starch & have a strong footprint in several industries over the historical periods & are projected to have the same hold in the coming periods.
Global Potato Starch Market Trend:
Adoption of Plant-based Products to be a Trend in the Market – In recent years, most individuals are getting aware of environmental sustainability & animal welfare, which is pushing several individuals to opt for plant-based food items or other products. This is creating a huge demand for potato starch as an alternative to animal-based ingredients, which is observed to be trending in the market. The perception about the health benefits of plant-based products & rising adoption of veganism globally is pushing the manufacturer's interest to produce starch-based items, thus upsurging the demand of the potato starch market during the forthcoming period.
Global Potato Starch Market (2023-28): Segmentation Analysis
The Global Potato Starch Market study of MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment & includes predictions for the period 2023–2028 at the global, regional, and national levels. Based on the analysis, the market has been further classified as:
Based on Nature:
- Organic
- Conventional
The Organic segment is expected to capture the potential market share owing to the surging adoption of organic products in the globally. Consumers are increasingly seeking food products that are organically produced & are healthy to consume. In line with this, to suffice the emerging demand for organic food products, an appearance or growth in the organic food industry has been witnessed, which would require organic ingredients like potato starch to produce organic products as per the rising preference, thus positively impacting the Potato Starch Market growth.
Based on End User:
- Food & Beverage
- Bakery and Confectionery
- Beverages
- Processed Food
- Other Applications
- Animal Feed
- Industrial
- Paper
- Pharmaceuticals
- Cosmetics
- Biodegradable Plastic
- Others
The Food & Beverage Industry is presumed to be the potential end-user in the Global Potato Starch Market. Potato starch plays a major role in producing several food items, like convenience foods, functional foods, gluten-free foods, etc., owing to its great binding & thickening quality. It is also becoming one of the potential natural ingredients in a wide range of processed & ready-to-eat food items due to the soaring consumer preference towards plant-based or organic food products, which is further encouraging the market growth during the forecast period.
Global Potato Starch Market Regional Projection
Geographically, the Global Potato Starch Market expands across:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
The Global Potato Starch Market has been dominated by the European Region since the historical period. The Netherlands, Germany, and France are among the nations that manufacture & export the most potato starch. Europe benefits from a long tradition of potato production & processing, a solid infrastructure, and cutting-edge starch extraction technologies. The demand for potato starch is fueled by the region's substantial involvement in the food industry & the emerging preference for naturally produced food products.
Furthermore, North America is also presumed to be one of the prominent regions to capture a satisfactory market share. The appetite for potato starch is affected by the region's highly developed food processing industry, various customer preferences, and the presence of significant food producers. Potato starch is increasingly used in a variety of food applications in North America due to the rising popularity of clean-label ingredients & gluten-free goods.
Global Potato Starch Industry Recent Development:
- 2022: Emsland Group announced the completion of facility named WaltrAut, where new roller drying units with autoclaves are installed. It was constructed to produce plant-based ingrdients, like potato starch.
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- Global Potato Starch Market report provides a detailed and thorough analysis of market size, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics and make informed decisions.
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Frequently Asked Questions
Global Potato Starch Market Research Report (2023-2028) - Table of Contents
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Global Potato Starch Market Regulations and Policy
- Global Potato Starch Market Trends & Developments
- Global Potato Starch Market Value Chain Analysis
- Global Potato Starch Market Dynamics
- Drivers
- Challenges
- Global Potato Starch Market Hotspot & Opportunities
- Global Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature
- Organic- Market Size & Forecast 2018-2028, (Tons)
- Conventional- Market Size & Forecast 2018-2028, (Tons)
- By Type
- Native- Market Size & Forecast 2018-2028, (Tons)
- Modified- Market Size & Forecast 2018-2028, (Tons)
- By End User
- Food and Beverages - Market Size & Forecast 2018-2028, (Tons)
- Bakery and Confectionery Products- Market Size & Forecast 2018-2028, (Tons)
- Beverages- Market Size & Forecast 2018-2028, (Tons)
- Processed Foods- Market Size & Forecast 2018-2028, (Tons)
- Other Applications- Market Size & Forecast 2018-2028, (Tons)
- Noodles- Market Size & Forecast 2018-2028, (Tons)
- Ready to Eat Snacks- Market Size & Forecast 2018-2028, (Tons)
- Feed- Market Size & Forecast 2018-2028, (Tons)
- Industrial- Market Size & Forecast 2018-2028, (Tons)
- Paper- Market Size & Forecast 2018-2028, (Tons)
- Pharmaceuticals- Market Size & Forecast 2018-2028, (Tons)
- Cosmetics- Market Size & Forecast 2018-2028, (Tons)
- Biodegradable Plastic- Market Size & Forecast 2018-2028, (Tons)
- Others- Market Size & Forecast 2018-2028, (Tons)
- Food and Beverages - Market Size & Forecast 2018-2028, (Tons)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
- By Company
- Market Share
- Competition Characteristics
- By Nature
- Market Size & Analysis
- North America Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- By Country
- The US
- Canada
- Mexico
- The US Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Canada Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Mexico Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Market Size & Analysis
- South America Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- By Country
- Brazil
- Argentina
- Rest of South America
- Brazil Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Argentina Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Market Size & Analysis
- Europe Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- By Country
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
- Germany Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- The UK Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- France Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Italy Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Spain Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Market Size & Analysis
- The Middle East and Africa Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- South Africa
- The UAE
- Saudi Arabia
- Rest of Middle East and Africa
- South Africa Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- The UAE Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Saudi Arabia Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Market Size & Analysis
- Asia-Pacific Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- By Country
- China
- Japan
- Australia
- India
- South Korea
- Rest of Asia Pacific
- China Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Japan Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Australia Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- India Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- South Korea Potato Starch Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Tons)
- Market Share & Analysis
- By Nature - Market Size & Forecast 2018-2028, (Tons)
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By End User- Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Market Size & Analysis
- Competitive Outlook
- Company Profiles
- Emsland Group
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Vimal PPCE
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Tereos
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Cargill Incorporated
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Pepees S.A.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- KMC
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Tate & Lyle
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- AVEBE
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Roquette
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Radchen USA Inc
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Royal Ingredients Group
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Sudstarke GmbH
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Lyckeby
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Agrana Beteiligungs
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- AKV Langholt AMBA
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Emsland Group
- Company Profiles
- Disclaimer
