According to Markntel Advisors Report, Potato Starch Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Potato starch is a fine white powder extracted from potatoes, primarily composed of amylose and amylopectin, two types of carbohydrates. It serves as a versatile ingredient in various culinary applications as a thickening agent. Moreover, potato starch finds extensive use in industries such as papermaking, textiles, adhesives, and pharmaceuticals due to its adhesive properties, absorbency, and biodegradability.
Global Potato Starch Market Research Report & Summary:
The Global Potato Starch Market size was valued at USD 3.49 billion in 2023 and is estimated to grow at a CAGR of around 3.1% during the forecast period, i.e., 2024-30.
Time Period Captured in the Report:
• Historical Years: 2019-22
• Base Years: 2023
• Forecast Years: 2024-30
Who are the Key Players Operating in the Potato Starch Market?
The top companies of the Potato Starch Market ruling the industry are:
Emsland-Stärke GmbH, Vimal PPCE, Tereos International SA, Cargill Incorporated, Pepees S.A., KMC (Kartoffelmelcentralen), Tate & Lyle Netherlands B.V., Coöperatie Koninklijke Avebe U.A., Roquette Freres, Radchen USA Inc, Royal Ingredients Group, Susdtarke GmbH, Lyckeby Amylex, Inc, Agrana Beteiligungs, AKV Langholt AMBA among others
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What is Included in Potato Starch Market Segmentation?
The Potato Starch Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
-By Nature
-Organic- Market Size & Forecast 2019-2030F, (Tons)
-Conventional- Market Size & Forecast 2019-2030F, (Tons)
-By Type
-Native- Market Size & Forecast 2019-2030F, (Tons)
-Modified- Market Size & Forecast 2019-2030F, (Tons)
-By End User
-Food & Beverages - Market Size & Forecast 2019-2030F, (Tons)
-Bakery & Confectionery Products- Market Size & Forecast 2019-2030F, (Tons)
-Processed Foods- Market Size & Forecast 2019-2030F, (Tons)
-Beverages- Market Size & Forecast 2019-2030F, (Tons)
-Others (Ready to Eat Foods, Noodles, etc.) - Market Size & Forecast 2019-2030F, (Tons)
-Feed- Market Size & Forecast 2019-2030F, (Tons)
-Industrial- Market Size & Forecast 2019-2030F, (Tons)
-Paper- Market Size & Forecast 2019-2030F, (Tons)
-Pharmaceuticals- Market Size & Forecast 2019-2030F, (Tons)
-Cosmetics- Market Size & Forecast 2019-2030F, (Tons)
-Biodegradable Plastic- Market Size & Forecast 2019-2030F, (Tons)
-Others- Market Size & Forecast 2019-2030F, (Tons)
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Explore the Complete Potato Starch Market Analysis Report – https://www.marknteladvisors.com/research-library/potato-starch-market.html
Global Potato Starch Market Driver:
Rising Global Workforce & Increasing Demand for Convenient Food to Propel Market Expansion – Rapid urbanization, coupled with increasing access to education & technology, is empowering individuals to join the workforce in unprecedented numbers. Moreover, economic development & industrialization in emerging markets are also driving significant increases in the working-age population. For instance:
• In 2023, according to the World Bank, the employment-to-population ratio globally was about 58% compared to about 56% in 2022.
With busy lifestyles and limited time for meal preparation and cooking, many consumers have been turning to convenience food products as quick and convenient alternatives. This surging demand for convenience and ready-to-eat food products is leading manufacturers to surge the convenience food production made from potato starch. Also, with the increased demand and production of a diverse range of convenience food options, including portable and ready-to-eat formats, the demand for potato starch has been surging, propelling the growth of the Global Potato Starch Market.
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