The global Potato Starch market stood at approximately 4.25 million tonnes in 2023 and is anticipated to expand at a healthy CAGR of 3.5% during the forecast period until 2034. Potato starch stands out as a premium starch renowned for its properties and versatility across various industries, underpinned by the widespread cultivation of potatoes as a key economic crop globally. Its unique qualities render it indispensable in a multitude of applications.
In the confectionery sector, the addition of potato starch enhances candy volume, taste, chewiness, and overall texture, elevating product quality. Similarly, in pasta production, potato starch fortifies dough by augmenting gluten toughness and elasticity, while simultaneously reducing oil content, resulting in exceptionally smooth and delicate noodles. In meat products, the exceptional transparency of potato starch post-gelatinization effectively preserves the natural colour of meat products. Moreover, its remarkable water absorption, formability, and gelatinization properties make it an invaluable ingredient in dairy products, improving viscosity, transparency, and taste in yogurt. Beyond the food industry, potato starch finds extensive utility in textiles, oil extraction, and paper manufacturing, where it enhances properties like colour and quality in printing and dyeing processes. With increasing demand in both domestic and international markets, especially within the food industry, potato starch emerges as a cornerstone product in starch deep processing, offering broad sales opportunities and promising market potential. Its unmatched natural properties ensure its irreplaceable status, solidifying its position as the starch of choice for a multitude of applications.
The surge in consumer demand for clean-label products, driven by a growing preference for healthier and more natural options, is significantly impacting the starch market within the food industry. Starches, renowned for their compatibility with clean-label attributes, are increasingly sought after as natural additives in a diverse range of food and beverage applications to enhance viscosity and stability. Notably, ongoing advancements and innovations in potato-derived starch have demonstrated their efficacy in various culinary creations, including sauces, soups, and gluten-free products, thereby reinforcing their appeal in clean-label formulations. Moreover, potato derivatives serve as plant-based binding agents, enhancing the sensory experience of numerous food items. The trajectory of this trend is expected to continue, with a projected uptick in demand for potato-based organic starches in the coming years, fuelled by the escalating consumer preference for organic and clean-label offerings. Concurrently, the robust growth of the global food industry is propelling the demand for cost-effective additives, with starches emerging as a favoured choice due to their multifunctionality as binders, thickeners, and texturizers across various food categories, including bakery, soups, sauces, confectionery, and meat products. The global Potato Starch market is likely to reach approximately 6.2 million tonnes in 2034.
Geographically, North America holds a dominant position in the global potato starch market. Firstly, North America boasts a substantial population with a high demand for processed and convenience foods, which frequently incorporate potato starch as a key ingredient. Additionally, the region's advanced food processing industry relies heavily on potato starch for its functional properties such as thickening, binding, and stabilizing, contributing to its widespread use in a variety of food products. Furthermore, the growing trend towards clean-label and natural food products aligns well with potato starch's image as a natural and versatile ingredient, further driving its consumption in the region. Moreover, the increasing adoption of gluten-free diets and the rising popularity of plant-based and vegetarian alternatives in North America have fuelled the demand for potato starch as a clean and sustainable option in food manufacturing.
Based on the end-use industry, the global Potato Starch market is divided into Food & Beverages, Pharmaceuticals, Textiles, Paper, Cosmetics & Personal Care, and Others. However, Food & Beverages is the dominating segment and held about 42% of the global Potato Starch market in 2023.
Major players in the Global Potato Starch market are Emsland Group, Cargill, Incorporated, Meelunie B.V., Hanseland Ltd., Ingredion. Sudstarke GmbH, Pepees S.A., Novidon, Avebe, Agrana Beteiligungs-AG, Tereos, Lyckeby Starch AB, Royal Ingredients Group, Tate & Lyle, Roquette Frères S.A., and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
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Objective of the Study:
• To assess the demand-supply scenario of Potato Starch which covers production, demand and supply of Potato Starch market in the globe.
• To analyse and forecast the market size of Potato Starch
• To classify and forecast Global Potato Starch market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Potato Starch market in the globe.
To extract data for Global Potato Starch market, primary research surveys were conducted with Potato Starch manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Potato Starch market over the coming years.
ChemAnalyst calculated Potato Starch demand across the globe by analyzing the volume of Potato Starch consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Potato Starch manufacturers and other stakeholders
• Organizations, forums and alliances related to Potato Starch distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Potato Starch manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Potato Starch market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
4.25 million tonnes
Market size Volume in 2034
6.2 million tonnes
Growth Rate
CAGR of 3.5% from 2024 to 2034
Base year
2023
Estimated year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in million tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Food & Beverages, Pharmaceuticals, Textiles, Paper, Cosmetics & Personal Care, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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What was the net market size of Potato Starch in terms of volume in 2023?
Ans:
The global market size of Potato Starch has reached approximately 4.25 million tonnes in 2023.
Q2.
Which industry is the largest end-user industry of Potato Starch?
Ans:
Food & Beverages industry is the largest end-user industry of Potato Starch globally.
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