Global Potato Starch Market Trends, Applications, Analysis, Growth, and Forecast: 2019 to 2028

"Global Potato Starch Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global potato starch market report has been segmented on the basis of type, end use, and region.

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Global Potato Starch Market: Introduction 

“The Potato Starch Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

Potato is a feedstock used for the production of starch. Potato starch is a rich source of carbohydrates and is widely used as thickening agent in food industry. Potato starch is a tasteless, odorless, and soft power, extracted from the cells of the potato plant containing starch grains.

Global Potato Starch Market: Dynamics 

Increasing demand for potato starch in end use industries such as food and pharmaceuticals is a major factor expected to drive the growth of the global potential market. Increasing demand for potato starch in the textile industry for textile sizing, especially for cotton yarns is expected to boost the revenue growth of the target market. Growing demand for ready to eat food products such as dessert mixes, bakes products, and others, coupled with growing consumption of paper across the globe for various applications are some other factors expected to support revenue growth of the potential market over the forecast period.

However, fluctuating raw material prices of potato starch owing to irregularities in the climate which affect the yield are expected to restrain revenue growth of the target market over the forecast period.

Global Potato Starch Market: Resin Type Analysis

Among the resin types, the native segment is projected to grow at a steady rate over the forecast period. Increasing demand for native potato starch in food application is expected to support revenue growth of segment over next ten years.

Global Potato Starch Market: Application Analysis

Among the application segments, the food industry segment is projected to contribute major revenue share in the global market. Increasing demand for convenience food products and dietary supplements in developing and developed countries is a major factor anticipated to drive revenue growth of segment. Rising demand for potato starch in bakery and meat products applications is expected to support revenue growth of the segment.

Global Potato Starch Market: Regional Analysis

Europe market is expected to contribute for major revenue share in the global potential market. Rising demand convenience food products in the region owing rapid urbanization and changing consumer preference is a major factor expected to boost revenue growth of target market. Growing pharmaceutical industry in countries such as UK, France, and Germany is expected to support revenue growth of the market in the region. Moreover, favorable government regulations favoring pharmaceutical companies is expected to support revenue growth of Europe potato starch market over the forecast period.

Europe accounts for the significant share in terms of revenue in the global potato starch market, followed by markets in Asia Pacific and North America. The potato starch market in Asia Pacific is anticipated to grow at a moderate growth rate over the forecast period. Rising demand for potato starch in the food and pharmaceutical industries is expected to support revenue growth of the potential market in Asia Pacific. Morever, the growing textile industry in the region owing to urbanization and changing living standards is another factor expected to drive revenue growth of Asia Pacific potato starch market.

Global Potato Starch Market Segmentation:

Segmentation by Type:

• Modified
• Native

Segmentation by End Use:

• Food Industry
• Paper Industry
• Pharmaceuticals
• Others

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa