Potato Starch Market – Overview of Vital Industry Drivers

This report provides forecast and analysis of the global potato starch market. It provides the actual data of 2017 along with the estimated data of 2018, and forecast data up to 2026 in terms of revenue (US$ Mn). The report also includes macroeconomic indicators along with an outlook on Potato Starch for a global market. It includes drivers and restraints of the global potato starch market and their impact on each region during the forecast period. The report also comprises the study of current issues with consumers and opportunities for potato starch products. It also includes value chain analysis.

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In order to provide users of this report with the comprehensive view of the market, we have included detailed competitiveness analysis and market key players and strategy overview. The dashboard provides the detailed comparison of potato starch manufacturers on parameters such as total revenue, product offerings, and key strategy. The study encompasses market attractiveness analysis by type, nature, end-use, distribution channel, and region.

The report includes potato starch market company profiles and the revenue generated from the companies across North America, Latin America, Europe, APAC, and MEA. By type, the global potato starch market is segmented as modified and native. By nature, the market is segmented into organic and conventional. By end-use, the potato market is segmented into food industry, textile industry, paper industry, pharmaceuticals, personal care and others. By distribution channel, the market is segmented as direct and indirect. Furthermore, by indirect channel, the market is segmented as store-based retailing and online retailing.  For the calculation of revenue collection of average regional prices were obtained through primary quotes from numerous potato starch manufacturers, retailers and distributors.

All key end users have been considered and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Country demand patterns have been considered while estimating the market for various end users of potato starch in the different regions. Top-down approach has been used to estimate the potato starch market by countries. Global market numbers by type have been derived using the bottom-up approach, which is cumulative of each country's demand. The company-level market share has been derived on the basis of potato starch penetration. The market has been forecast based on constant currency rates.

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, and Hoover’s, and company annual reports and publications. The report provides detailed competitive and company profiles of key participants operating in the global market. Some of the major companies operating in the global Potato Starch market are are Emsland Group, Cargill, Inc. , SÜDSTÄRKE GMBH, PEPEES Group, Ingredion, Novidon, Avebe, AGRANA Beteiligungs-AG, Tereos, AKV Langholt, Finnamyl Ltd, Roquette, Škrobárny Pelh?imov , Manitoba Starch, Vimal PPCE, ALOJA-STARKELSEN ,Lyckeby, PPZ Trzemeszno Sp., Siddharth Starch Pvt. Ltd.

Potato Starch Market: Demand for Convenience Food is Growing

Potato starch is used in various ready-to-mix and ready-to-eat products, such as baked goods, curry, and dessert mixes. It finds various applications in convenience food products, and the growing consumption of convenience food across the globe is expected to drive the growth of the potato starch market in near future. Global revenue from potato starch market was around US$ 5,000 Mn in 2017 and is expected to expand at a CAGR of 4.6% over the forecast period 2017-2026. By the end of assessment period, the global market for potato starch will possibly attain a value worth US$ 7,178.4 Mn.

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The global textile industry is expected to witness significant growth during the forecast period, especially in emerging markets such as China and India. This, in turn, is expected to increase the consumption of potato starch, primarily for textile sizing, and make a profound positive impact on the growth of the market. Starch is mainly used for textile sizing, especially for cotton yarns. It is preferred for the sizing of coarse and medium-count yarns. Starch forms the adhesive component during the size mix process, due to various factors such as Starch properties can be tuned as per requirement. Cost-effective when compared to other substitutes, potato starch is observed to be gaining significant traction on a global level. Major food manufacturers focus on using cost-effective acid-modified potato starch — a hydrolyzed starch — as an alternative gelling agent to replace materials such as gelatin and regular starch. This potato starch provides a unique texture and appeal to the end product resulting into a growth of the market over the forecast period.

The paper manufacturing process utilizes potato starch. A single sheet of copy paper has a maximum of 8% starch content. Starch is used as a binder for coating formulation, which improves various properties such as smoothness, hardness, gloss, and whiteness. Increasing paper consumption across the globe is, in turn, expected to boost the growth of the potato starch market to a certain extent. Also, currently, manufacturers are producing potato starch as an adhesive, as it improves performance and enables the production of high-quality products in the most cost-effective way.

Starch can be obtained from corn and other raw materials such as tapioca (cassava), rice, barley, and wheat. Cassava is considered as one of the world's important food crops and can be used as a substitute for corn in starch production. Cassava starch end products find application in the food and beverages industry, pharmaceuticals, textile, adhesives, and paper industries.

One of the major challenges for the potato starch market is the price volatility of crop due to climatic changes. Irregularities in climate and seasonal variations affect crops due to critical and uneven rainfall patterns. Reduction in rainfall also adversely affects agricultural yields in many regions, which results in variations in input as well as output prices. There have been variations in the cost of energy, chemicals, and fertilizers. These fluctuations lead to a volatility in the prices of crops. Increased volatility is the structural issue for which players must find operational responses to secure margins in the long term.

By type, the global potato starch market is segmented as modified and native. By nature, the market is segmented into organic and conventional. By end-use, the potato market is segmented into food industry, textile industry, paper industry, pharmaceuticals, personal care and others. By distribution channel, the market is segmented as direct and indirect. Furthermore, by indirect channel, the market is sub-segmented as store-based retailing and online retailing.

On the basis of region, the market in Europe is anticipated to dominate the global potato starch market both in terms of value and volume in 2018. North America is expected to gain significant market share in revenue terms by 2026 end. This trend is attributed to the consumer dependence on potato starch as demand for convenience food is growing in this regions. Moreover, BENELUX is projected to exhibit significant CAGR in terms of value during the forecast period. Some of the major companies operating in the global potato starch market are Emsland Group, Cargill, Inc., SÜDSTÄRKE GMBH, PEPEES Group, Ingredion, Novidon, Avebe, AGRANA Beteiligungs-AG, Tereos, AKV Langholt, Finnamyl Ltd, Roquette, Škrobárny Pelh?imov, Manitoba Starch, Vimal PPCE, ALOJA-STARKELSEN, Lyckeby, PPZ Trzemeszno Sp., and Starch Pvt. Ltd.

Potato Starch Market: Pin-Point Analysis For Changing Competitive Dynamics

Potato starch is used in various ready-to-mix and ready-to-eat products, such as baked goods, curry, and dessert mixes. It finds various applications in convenience food products, and the growing consumption of convenience food across the globe is expected to drive the growth of the potato starch market in near future. Global revenue from potato starch market was around US$ 5,000 Mn in 2017 and is expected to expand at a CAGR of 4.6% over the forecast period 2017-2026. By the end of assessment period, the global market for potato starch will possibly attain a value worth US$ 7,178.4 Mn.

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The global textile industry is expected to witness significant growth during the forecast period, especially in emerging markets such as China and India. This, in turn, is expected to increase the consumption of potato starch, primarily for textile sizing, and make a profound positive impact on the growth of the market. Starch is mainly used for textile sizing, especially for cotton yarns. It is preferred for the sizing of coarse and medium-count yarns. Starch forms the adhesive component during the size mix process, due to various factors such as Starch properties can be tuned as per requirement. Cost-effective when compared to other substitutes, potato starch is observed to be gaining significant traction on a global level. Major food manufacturers focus on using cost-effective acid-modified potato starch — a hydrolyzed starch — as an alternative gelling agent to replace materials such as gelatin and regular starch. This potato starch provides a unique texture and appeal to the end product resulting into a growth of the market over the forecast period.

The paper manufacturing process utilizes potato starch. A single sheet of copy paper has a maximum of 8% starch content. Starch is used as a binder for coating formulation, which improves various properties such as smoothness, hardness, gloss, and whiteness. Increasing paper consumption across the globe is, in turn, expected to boost the growth of the potato starch market to a certain extent. Also, currently, manufacturers are producing potato starch as an adhesive, as it improves performance and enables the production of high-quality products in the most cost-effective way.

Starch can be obtained from corn and other raw materials such as tapioca (cassava), rice, barley, and wheat. Cassava is considered as one of the world's important food crops and can be used as a substitute for corn in starch production. Cassava starch end products find application in the food and beverages industry, pharmaceuticals, textile, adhesives, and paper industries.

One of the major challenges for the potato starch market is the price volatility of crop due to climatic changes. Irregularities in climate and seasonal variations affect crops due to critical and uneven rainfall patterns. Reduction in rainfall also adversely affects agricultural yields in many regions, which results in variations in input as well as output prices. There have been variations in the cost of energy, chemicals, and fertilizers. These fluctuations lead to a volatility in the prices of crops. Increased volatility is the structural issue for which players must find operational responses to secure margins in the long term.

By type, the global potato starch market is segmented as modified and native. By nature, the market is segmented into organic and conventional. By end-use, the potato market is segmented into food industry, textile industry, paper industry, pharmaceuticals, personal care and others. By distribution channel, the market is segmented as direct and indirect. Furthermore, by indirect channel, the market is sub-segmented as store-based retailing and online retailing.

On the basis of region, the market in Europe is anticipated to dominate the global potato starch market both in terms of value and volume in 2018. North America is expected to gain significant market share in revenue terms by 2026 end. This trend is attributed to the consumer dependence on potato starch as demand for convenience food is growing in this regions. Moreover, BENELUX is projected to exhibit significant CAGR in terms of value during the forecast period. Some of the major companies operating in the global potato starch market are Emsland Group, Cargill, Inc., SÜDSTÄRKE GMBH, PEPEES Group, Ingredion, Novidon, Avebe, AGRANA Beteiligungs-AG, Tereos, AKV Langholt, Finnamyl Ltd, Roquette, Škrobárny Pelh?imov, Manitoba Starch, Vimal PPCE, ALOJA-STARKELSEN, Lyckeby, PPZ Trzemeszno Sp., and Starch Pvt. Ltd.

Key Facts About the Global Potato Starch Market: Read More Below

Potato starch is used in various ready-to-mix and ready-to-eat products, such as baked goods, curry, and dessert mixes. It finds various applications in convenience food products, and the growing consumption of convenience food across the globe is expected to drive the growth of the potato starch market in near future. Global revenue from potato starch market was around US$ 5,000 Mn in 2017 and is expected to expand at a CAGR of 4.6% over the forecast period 2017-2026. By the end of assessment period, the global market for potato starch will possibly attain a value worth US$ 7,178.4 Mn.

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The global textile industry is expected to witness significant growth during the forecast period, especially in emerging markets such as China and India. This, in turn, is expected to increase the consumption of potato starch, primarily for textile sizing, and make a profound positive impact on the growth of the market. Starch is mainly used for textile sizing, especially for cotton yarns. It is preferred for the sizing of coarse and medium-count yarns. Starch forms the adhesive component during the size mix process, due to various factors such as Starch properties can be tuned as per requirement. Cost-effective when compared to other substitutes, potato starch is observed to be gaining significant traction on a global level. Major food manufacturers focus on using cost-effective acid-modified potato starch — a hydrolyzed starch — as an alternative gelling agent to replace materials such as gelatin and regular starch. This potato starch provides a unique texture and appeal to the end product resulting into a growth of the market over the forecast period.

The paper manufacturing process utilizes potato starch. A single sheet of copy paper has a maximum of 8% starch content. Starch is used as a binder for coating formulation, which improves various properties such as smoothness, hardness, gloss, and whiteness. Increasing paper consumption across the globe is, in turn, expected to boost the growth of the potato starch market to a certain extent. Also, currently, manufacturers are producing potato starch as an adhesive, as it improves performance and enables the production of high-quality products in the most cost-effective way.

Starch can be obtained from corn and other raw materials such as tapioca (cassava), rice, barley, and wheat. Cassava is considered as one of the world's important food crops and can be used as a substitute for corn in starch production. Cassava starch end products find application in the food and beverages industry, pharmaceuticals, textile, adhesives, and paper industries.

One of the major challenges for the potato starch market is the price volatility of crop due to climatic changes. Irregularities in climate and seasonal variations affect crops due to critical and uneven rainfall patterns. Reduction in rainfall also adversely affects agricultural yields in many regions, which results in variations in input as well as output prices. There have been variations in the cost of energy, chemicals, and fertilizers. These fluctuations lead to a volatility in the prices of crops. Increased volatility is the structural issue for which players must find operational responses to secure margins in the long term.

By type, the global potato starch market is segmented as modified and native. By nature, the market is segmented into organic and conventional. By end-use, the potato market is segmented into food industry, textile industry, paper industry, pharmaceuticals, personal care and others. By distribution channel, the market is segmented as direct and indirect. Furthermore, by indirect channel, the market is sub-segmented as store-based retailing and online retailing.

On the basis of region, the market in Europe is anticipated to dominate the global potato starch market both in terms of value and volume in 2018. North America is expected to gain significant market share in revenue terms by 2026 end. This trend is attributed to the consumer dependence on potato starch as demand for convenience food is growing in this regions. Moreover, BENELUX is projected to exhibit significant CAGR in terms of value during the forecast period. Some of the major companies operating in the global potato starch market are Emsland Group, Cargill, Inc., SÜDSTÄRKE GMBH, PEPEES Group, Ingredion, Novidon, Avebe, AGRANA Beteiligungs-AG, Tereos, AKV Langholt, Finnamyl Ltd, Roquette, Škrobárny Pelh?imov, Manitoba Starch, Vimal PPCE, ALOJA-STARKELSEN, Lyckeby, PPZ Trzemeszno Sp., and Starch Pvt. Ltd.

Potato Starch Market Attain a Value Worth US$ 7,178.4 Mn by 2026

Potato starch is used in various ready-to-mix and ready-to-eat products, such as baked goods, curry, and dessert mixes. It finds various applications in convenience food products, and the growing consumption of convenience food across the globe is expected to drive the growth of the potato starch market in near future. Global revenue from potato starch market was around US$ 5,000 Mn in 2017 and is expected to expand at a CAGR of 4.6% over the forecast period 2017-2026. By the end of assessment period, the global market for potato starch will possibly attain a value worth US$ 7,178.4 Mn.

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The global textile industry is expected to witness significant growth during the forecast period, especially in emerging markets such as China and India. This, in turn, is expected to increase the consumption of potato starch, primarily for textile sizing, and make a profound positive impact on the growth of the market. Starch is mainly used for textile sizing, especially for cotton yarns. It is preferred for the sizing of coarse and medium-count yarns. Starch forms the adhesive component during the size mix process, due to various factors such as Starch properties can be tuned as per requirement. Cost-effective when compared to other substitutes, potato starch is observed to be gaining significant traction on a global level. Major food manufacturers focus on using cost-effective acid-modified potato starch — a hydrolyzed starch — as an alternative gelling agent to replace materials such as gelatin and regular starch. This potato starch provides a unique texture and appeal to the end product resulting into a growth of the market over the forecast period.

The paper manufacturing process utilizes potato starch. A single sheet of copy paper has a maximum of 8% starch content. Starch is used as a binder for coating formulation, which improves various properties such as smoothness, hardness, gloss, and whiteness. Increasing paper consumption across the globe is, in turn, expected to boost the growth of the potato starch market to a certain extent. Also, currently, manufacturers are producing potato starch as an adhesive, as it improves performance and enables the production of high-quality products in the most cost-effective way.

Starch can be obtained from corn and other raw materials such as tapioca (cassava), rice, barley, and wheat. Cassava is considered as one of the world's important food crops and can be used as a substitute for corn in starch production. Cassava starch end products find application in the food and beverages industry, pharmaceuticals, textile, adhesives, and paper industries.

One of the major challenges for the potato starch market is the price volatility of crop due to climatic changes. Irregularities in climate and seasonal variations affect crops due to critical and uneven rainfall patterns. Reduction in rainfall also adversely affects agricultural yields in many regions, which results in variations in input as well as output prices. There have been variations in the cost of energy, chemicals, and fertilizers. These fluctuations lead to a volatility in the prices of crops. Increased volatility is the structural issue for which players must find operational responses to secure margins in the long term.

By type, the global potato starch market is segmented as modified and native. By nature, the market is segmented into organic and conventional. By end-use, the potato market is segmented into food industry, textile industry, paper industry, pharmaceuticals, personal care and others. By distribution channel, the market is segmented as direct and indirect. Furthermore, by indirect channel, the market is sub-segmented as store-based retailing and online retailing.

On the basis of region, the market in Europe is anticipated to dominate the global potato starch market both in terms of value and volume in 2018. North America is expected to gain significant market share in revenue terms by 2026 end. This trend is attributed to the consumer dependence on potato starch as demand for convenience food is growing in this regions. Moreover, BENELUX is projected to exhibit significant CAGR in terms of value during the forecast period. Some of the major companies operating in the global potato starch market are Emsland Group, Cargill, Inc., SÜDSTÄRKE GMBH, PEPEES Group, Ingredion, Novidon, Avebe, AGRANA Beteiligungs-AG, Tereos, AKV Langholt, Finnamyl Ltd, Roquette, Škrobárny Pelh?imov, Manitoba Starch, Vimal PPCE, ALOJA-STARKELSEN, Lyckeby, PPZ Trzemeszno Sp., and Starch Pvt. Ltd.

Potato Starch Market: Applications in Textile & Food to Uplift Market Performance

According to the latest market report published by Transparency Market Research titled “Potato Starch Market’: Global Industry Analysis and Forecast 2018-2026”, the revenue generated from potato starch market has been estimated to be valued over US$ 5,000 Mn by 2018 end, which is projected to increase at a CAGR of 4.6% during the forecast period (2018-2026).

The global textile industry is expected to witness significant growth during the forecast period, especially in emerging markets such as China and India. This, in turn, is expected to increase the consumption of potato starch, primarily for textile sizing, and make a profound positive impact on the growth of the market. Moreover, potato starch, being relatively cost-effective when compared to other alternatives, is anticipated to continue gaining higher traction in coming years.

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One of the major challenges for the potato starch market is the price volatility of crop due to climatic changes. Irregularities in climate and seasonal variations affect crops due to critical and uneven rainfall patterns. Reduction in rainfall also adversely affects agricultural yields in many regions, which results in variations in input as well as output prices. There have been variations in the cost of energy, chemicals, and fertilizers. These fluctuations lead to a volatility in the prices of crops. Increased volatility is the structural issue for which players must find operational responses to secure margins in the long term.

By region, the market in Europe is anticipated to dominate the global potato starch market both in terms of value and volume in 2018. North America is expected to gain a significant market share in revenue terms by 2026 end. This trend is attributed to the consumer dependence on Potato Starch as demand for convenience food is growing in this regions. Moreover, BENELUX is projected to exhibit significant CAGR in terms of value during the forecast period. Some of the major companies operating in the global Potato Starch market are Emsland Group, Cargill, Inc. , SÜDSTÄRKE GMBH, PEPEES Group, Ingredion, Novidon, Avebe, AGRANA Beteiligungs-AG,Tereos, AKV Langholt, Finnamyl Ltd, Roquette, Škrobárny Pelh?imov ,Manitoba Starch, Vimal PPCE, ALOJA-STARKELSEN ,Lyckeby, PPZ Trzemeszno Sp., Siddharth Starch Pvt. Ltd.

Potato Starch Market Revenues to Expand at 4.6% CAGR over 2018-2026

According to the latest market report published by Transparency Market Research titled “Potato Starch Market’: Global Industry Analysis and Forecast 2018-2026”, the revenue generated from potato starch market has been estimated to be valued over US$ 5,000 Mn by 2018 end, which is projected to increase at a CAGR of 4.6% during the forecast period (2018-2026).

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The global textile industry is expected to witness significant growth during the forecast period, especially in emerging markets such as China and India. This, in turn, is expected to increase the consumption of potato starch, primarily for textile sizing, and make a profound positive impact on the growth of the market. Moreover, potato starch, being relatively cost-effective when compared to other alternatives, is anticipated to continue gaining higher traction in coming years.

One of the major challenges for the potato starch market is the price volatility of crop due to climatic changes. Irregularities in climate and seasonal variations affect crops due to critical and uneven rainfall patterns. Reduction in rainfall also adversely affects agricultural yields in many regions, which results in variations in input as well as output prices. There have been variations in the cost of energy, chemicals, and fertilizers. These fluctuations lead to a volatility in the prices of crops. Increased volatility is the structural issue for which players must find operational responses to secure margins in the long term.

By region, the market in Europe is anticipated to dominate the global potato starch market both in terms of value and volume in 2018. North America is expected to gain a significant market share in revenue terms by 2026 end. This trend is attributed to the consumer dependence on Potato Starch as demand for convenience food is growing in this regions. Moreover, BENELUX is projected to exhibit significant CAGR in terms of value during the forecast period. Some of the major companies operating in the global Potato Starch market are Emsland Group, Cargill, Inc. , SÜDSTÄRKE GMBH, PEPEES Group, Ingredion, Novidon, Avebe, AGRANA Beteiligungs-AG,Tereos, AKV Langholt, Finnamyl Ltd, Roquette, Škrobárny Pelh?imov ,Manitoba Starch, Vimal PPCE, ALOJA-STARKELSEN ,Lyckeby, PPZ Trzemeszno Sp., Siddharth Starch Pvt. Ltd.

Potato Starch Market Revenues to Expand at 4.6% CAGR over 2018-2026; Applications in Textile & Food to Uplift Market Performance

According to the latest market report published by Transparency Market Research titled “Potato Starch Market’: Global Industry Analysis and Forecast 2018-2026”, the revenue generated from potato starch market has been estimated to be valued over US$ 5,000 Mn by 2018 end, which is projected to increase at a CAGR of 4.6% during the forecast period (2018-2026).

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The global textile industry is expected to witness significant growth during the forecast period, especially in emerging markets such as China and India. This, in turn, is expected to increase the consumption of potato starch, primarily for textile sizing, and make a profound positive impact on the growth of the market. Moreover, potato starch, being relatively cost-effective when compared to other alternatives, is anticipated to continue gaining higher traction in coming years.

One of the major challenges for the potato starch market is the price volatility of crop due to climatic changes. Irregularities in climate and seasonal variations affect crops due to critical and uneven rainfall patterns. Reduction in rainfall also adversely affects agricultural yields in many regions, which results in variations in input as well as output prices. There have been variations in the cost of energy, chemicals, and fertilizers. These fluctuations lead to a volatility in the prices of crops. Increased volatility is the structural issue for which players must find operational responses to secure margins in the long term.

• By type, the global potato starch market is segmented as modified and native.
• By nature, the market is segmented into organic and conventional.
• Based on the end-use, the potato market is segmented into food industry, textile industry, paper industry, pharmaceuticals, personal care and others.
• On the basis of distribution channel, the market is classified as direct and indirect. The indirect channel segment is further divided into store-based retailing and online retailing.

By region, the market in Europe is anticipated to dominate the global potato starch market both in terms of value and volume in 2018. North America is expected to gain a significant market share in revenue terms by 2026 end. This trend is attributed to the consumer dependence on Potato Starch as demand for convenience food is growing in this regions. Moreover, BENELUX is projected to exhibit significant CAGR in terms of value during the forecast period. Some of the major companies operating in the global Potato Starch market are Emsland Group, Cargill, Inc. , SÜDSTÄRKE GMBH, PEPEES Group, Ingredion, Novidon, Avebe, AGRANA Beteiligungs-AG,Tereos, AKV Langholt, Finnamyl Ltd, Roquette, Škrobárny Pelh?imov ,Manitoba Starch, Vimal PPCE, ALOJA-STARKELSEN ,Lyckeby, PPZ Trzemeszno Sp., Siddharth Starch Pvt. Ltd.

Get more Information: https://globenewswire.com/news-release/2018/04/11/1468390/0/en/Global-Potato-Starch-Market-Revenues-to-Expand-at-4-6-CAGR-over-2018-2026-Applications-in-Textile-Food-to-Uplift-Market-Performance.html

Potato Starch Market Sees a Steady Growth Ahead

Starch is a carbohydrate that is produced and used as an energy source by most plants. Potato starches are derived from potatoes through a process that leaves potato pulp and juices as by-products. The use of potatoes as a source of starch, other than from being a food crop, is a well-documented process that is rapidly gaining importance. Potato starches find a wide array of applications in various food and beverage, and industrial products due to several favorable functional properties.

Potatoes usually contain two different types of starch: amylose and amylopectin. Amylopectin, which occupies over 80% of the potato starch content, is the majorly used component in several applications in food and industrial products.

Market Dynamics of Potato Starch Market

The potato starch market is influenced by several factors such as the demand for the end-product, functional properties of potato starch, substitute products, the relative price of potato starch and regulatory aspects.

The use of potato starches in several common food products, such as bakery and meat products, is an important driver for the market. The increasing consumption and purchasing power in several Asian countries are cited as the main factors driving the rise in food and beverage market. Several of the industrial applications of potato starch are also witnessing considerable growth.

At a functional level potato starch offers several beneficial properties. Since the starch is flavorless, it can be used in various food products without impacting the flavor of the base material. Potato starch is also being increasingly used in gluten-free material as the major starch products are cereal-based and contain gluten. Apart from these uses potato starch is also used as a thickener, water binder, anti-caking ingredient and bulking agent. The other important factor that is crucial to the market growth is the increasing competition from substitute products such as corn starch, rice starch, and tapioca starch. Due to identical properties, potato starch is also considered an ideal candidate to replace cornstarch in most bakery products.

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Genetic modification of the potato plant is a key aspect of the potato starch market. The development of potatoes that contain only amylopectin, which is the majorly used ingredient, is an active area of research and is touted to greatly increase efficiency and profitability for the starch manufacturers. The 2010 EU ruling against BASF’s GM potato, Amflora, is a drawback for the market in this context. Amflora is a modified potato that is devoid of amylase and only contains amylopectin. This ruling is reflective of the growing consumer resentment against GM crops.

Market Segmentation of Potato Starch Market

The potato starch market is segmented on the basis of type and application.

On the basis of application, the market is segmented into food, industrial and others. The food segment is further divided into dairy, confectionery, soups and sauces, bakery products, meat and others. The use of potato starch is expected to be on an increasing trend in almost all the segments and perform particularly well in the dairy, bakery and meat segments. The industrial segment is further divided into paper, adhesive, textile and others segments. The several beneficial functional properties of potato starch are driving the industrial segment.

On the basis of type, the market is segmented into GMO and non-GMO segments. The GMO segment offers several advantages to the suppliers but is plagued by increasing public and regulatory resistance. The non-GMO segment is expected to increase at a considerably higher rate owing to increasing preference for organic and natural products that are processed to a minimal extent. This growth of non-GMO based potato starch is an extension of the healthy food trend.

Regional Outlook of Potato Starch Market

The potato starch market in North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and MEA is covered in the report.

The consumption of potato starch-based products is relatively higher in North America and Europe. This high consumption is a result of the high consumption of the end-use products. The market is expected to witness significant growth in Asia Pacific and Latin America due to increasing consumption in the emerging countries. From a production standpoint, Asia and Europe dominate the market.

Key Market Players in Potato Starch Market

Avebe, Agrana Staerke GmbH, AKV Langholt AmbA, Changhong Potato Starch Co., Ltd., Emsland Group, Finnamyl Oy, Manitoba Starch Products, Ingredion Incorporated, Cargill Incorporated, etc.