Potato Starch Market Report By Type (Modified and Native), Nature (Conventional andOrganic), End User (Food and Beverage, Paper, Pharmaceutical and Chemical, and Others), Regions and Company Analysis 2024-2032

Global Potato Starch Market Analysis

Potato Starch Market size was US$ 4.52 Billion in 2023 and projected to surpass value of US$ 6.70 Billion by 2032. As per Renub Research, it is projected to increase at a CAGR of 4.47% from 2024 to 2032.

Potato Starch is a powdery white substance crafted from potatoes. It is specially made of the carbohydrate’s amylose and amylopectin. Potato starch is flexible in many culinary programs, together with a thickening agent. Furthermore, potato starch is broadly utilized in sectors like papermaking, textiles, adhesives, and pharmaceuticals because of its adhesive qualities, absorbency, and biodegradability.

Global Potato Starch Growth Trends:

• Growing Popularity of Clean-label and Gluten-free Products

The multiplied demand for more secure, natural, and healthier products has brought about an upward push inside the clean label product movement in recent years. Because they complement the clean-label tag properly, starches are developing in reputation. Many meals and beverages use starch as a natural addition to lead them to thicker and more solid. Studies and innovations in potato starch have shown promise for use in sauces, soups, and gluten-free items. Potato derivatives are also utilized in a variety of food products as plant-primarily based binding marketers to decorate their sensory appeal. In the imminent years, there will probably be an increase in demand for potato-based organic starch because of the rising customer desire for natural and clean-label products. This demand for is further being pushed by humans with celiac disease, gluten-sensitive individuals, and people who adopt gluten free diets because they agree with it would advantage their health.

o    Studies published in PubMed demonstrate that celiac disease is common, occurring 1.4% of the time worldwide.

• Expansion of the Food Processing Sector

Global foods producers constantly develop new thoughts to meet buyer demand for processed foods, snacks, and comfort foods. Because of its many functional makes use of, potato starch is widely used in this industry. Potato starch is used in meals processing to present a variety of goods the right texture and mouthfeel by performing as a thickening agent, texturizer, and stabilizer. Potato starch is a necessary thing due to the improve within the recognition of processed meals, snacks, and geared up-to-consume meals. In addition, as more and more people search for convenient meals alternatives, urbanization, and the increasing worldwide population additionally contribute to this growth.

• For instance, through 2030, there could be 8.5 billion humans on Earth, 9.5 billion through 2050, and 10.4 billion by 2100, based on estimates from the United Nations.

• Rise in Vegan and Vegetarian Diets

Consumer demand for plant-based products has grown due to rising awareness of issues related to environmental sustainability and animal welfare. In many factors of the food enterprise, plant-based products are getting increasingly more popular. The starch market is expanding due to consumers growing influence that plant-based products are healthier and more secure than those derived from animals. Growing numbers of humans adopting vegetarian and vegan diets have forced pinnacle producers to innovate and create starch-based totally food products. The growing potato starch market is aided by the broader use of potatoes within the production of plant-based meat substitutes.

• The World Animal Foundation estimates that 88 million people worldwide become aware of as vegans.
• 22% of Millennials and 13% of Gen Xers and 11% of Baby Boomers have embraced a vegetarian diet.
• The top most countries with vegetarian population consist of India with 31-42% vegetarian population, Mexico – 19% vegetarian population, Brazil-14% vegetarian populace.

North America Potato Starch Market

Globally, North America is a major player in the potato starch market. The region's significant demand for potato starch and its extensive use in various industries is demonstrated by this market presence. The United States and Canada offer a reliable and plentiful source of raw materials for producing potato starch, contributing to the region's well-established potato industry. 

North America is a prominent participant within the potato starch market. The region's enormous demand for potato starch and its vast use in various industries is confirmed by using this market presence. The United States and Canada offer a steady and plentiful source of raw substances for producing potato starch, contributing to the region’s well-established potato market.

• The USDA estimates that the combined potato manufacturing of the U.S. And Canada in 2023 was 570 million cwt.

Furthermore, the growing buyer recognition and inclination towards clean label and natural ingredients within the place has inspired product adoption amongst food and beverage producers who need to cater to these changing tastes.

Global Potato Starch Company Analysis

Some major companies are present in the global potato starch industry. These are Cargill Inc., Ingredion Inc., Tate and Lyle Plc., Tereos Group, Sudzucker AG, Pepees SA, Royal Avebe U.A. and Agrana Beteiligungs-AG.

Global Potato Starch Company News:

June 2023: Brenntag Specialties and Royal Avebe, established a strategic alliance that represents a significant advancement in supply partnerships in the nutrition industry. The partnership combined Brenntag Specialties' distribution expertise with Royal Avebe's high potato starch production to leverage each company's advantages.

Oct 2022: Cargill's 50% stake in Cargill-AKV I/S, their joint venture, was acquired by AKV Langholt AmbA. 

May 2021: The Emsland Group has contracted GEA to build and expand its potato protein production line at the Wietzendorf facility in Germany. The business and GEA previously collaborated on developing the company's protein line at the German Kyritz facility in 2018.

April 2021: German privately held company KaTech was acquired by Ingredion. This acquisition would strengthen the ingredient portfolio by adding its Food Systems platform, which offers a wide range of cutting-edge solutions to support the functionality and technical support of ingredients and the product formulation needs of food and beverage manufacturers.

March 2021: ULTRA-TEX® 1311 modified potato starch is a new addition to Ingredion Incorporated's comprehensive line of potato-based solutions for the U.S. and Canada.

Type – Market breakup in 2 viewpoints:

1.    Modified
2.    Native

Nature – Market breakup in 2 viewpoints:

1.    Conventional
2.    Organic

End User – Market breakup in 4 viewpoints:

1.    Food & Beverage
2.    Paper
3.    Pharmaceutical & Chemical
4.    Others

Country – Market breakup of 25 Countries:

1.    North America

1.1    United States
1.2    Canada

2.    Europe

2.1    France
2.2    Germany
2.3    Italy
2.4    Spain
2.5    United Kingdom
2.6    Belgium
2.7    Netherland
2.8    Turkey

3.    Asia Pacific

3.1    China
3.2    Japan
3.3    India
3.4    South Korea
3.5    Thailand
3.6    Malaysia
3.7    Indonesia
3.8    Australia
3.9    New Zealand

4.    Latin America

4.1    Brazil
4.2    Mexico
4.3    Argentina

5.    Middle East & Africa

5.1    Saudi Arabia
5.2    UAE
5.3    South Africa

All the key players have been covered from 4 Viewpoints:

•    Business Overview
•    Product Portfolio
•    Recent Development
•    Revenue Analysis

Key Players Analysis:

1.    Cargill Inc.
2.    Ingredion Inc.
3.    Tate and Lyle Plc.
4.    Tereos Group
5.    Sudzucker AG
6.    Pepees SA
7.    Royal Avebe U.A.
8.    Agrana Beteiligungs-AG

Report Details: