Starch Recovery Systems Market to 2023 - Growing at 5.4% CAGR Driven by Hydrocyclones and Centrifuges Segment

Starch recovery systems market is led by hydrocyclones and centrifuges segment. The increasing investments by the potato processing companies in Asia Pacific & growing demand for processed, functional, and convenience foods are key drivers for potato processing market; this is pushing the demand for starch recovery system components.

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The starch recovery systems market is estimated at USD 256 million in 2018 and is projected to grow at a CAGR of 5.4%, to reach USD 333 million by 2023. The growth of the market is driven by the demand for eco-efficient equipment for potato processing. The key drivers of the market are the growing potato processing industry and the R&D investments in processing operations. The rising demand for processed potato products has resulted in the growth of potato processing plants.

Demand is driving Starch recovery systems market for starch recovery systems.APAC is projected to dominate market during forecast period. Growing population, increasing disposable income, & rising demand for processed & convenience food products are expected to drive market growth in region. Some of factors restraining growth of market include stringent environmental & governmental regulations and the use of alternate technologies for starch recovery due to high cost.

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The starch recovery systems market is led by the hydrocyclones and centrifuges segment. The increasing investments by the potato processing companies in Asia Pacific and the growing demand for processed, functional, and convenience foods are the key drivers for the potato processing market; this is pushing the demand for starch recovery system components. Large-scale potato manufactures are preferring hydrocyclones and centrifuges to recover starch due to their multifunctionality.

Asia Pacific is projected to be the fastest-growing starch recovery systems market for the period considered for this study. The Asia Pacific starch recovery systems market includes China, Japan, India, Australia, and other countries. China and India are the emerging countries with a majority of their population having a high spending capacity due to the growth of the middle-class population and economic development.

The key players in the market include GEA (Germany), Alfa Laval (Sweden), Andritz (Austria), NivobaHovex (Netherlands), MICROTEC ENGINEERING GROUP (Australia), Myande Group (China), Larsson Sweden (Sweden), Sino-Food Machinery (China), Flo-Mech (UK), Hiller GmbH (Germany), Flottweg (Germany), Stamex Technology (Thailand), and HAUS Centrifuge Technologies (Turkey).

More Details on Starch Recovery Systems Market By Component (Refining sieves, Hydrocyclones and centrifuges, Vacuum filters, Screw conveyors, and Filling stations), Plant size (Large, Medium, and Small), Application, and Region - Global Forecast To 2023 with Free Assistance Now at Call +1 888 391 5441 / sales@reportsandreports.com .

The report segments the starch recovery systems market, with respect to component, application, plant size, and region. In terms of insights, this report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss the views on the emerging & high-growth segments of the global starch recovery systems market, high-growth regions and countries, government initiatives, drivers, restraints, opportunities, and challenges.

Recent Developments:
• In January 2018, Nivoba BV (Netherlands) and Hovex (Netherlands) announced the merger of the companies. This merger would enable the company to develop and strengthen its position in the global starch recovery systems market.
• In February 2017, Larsson Sweden (Sweden) launched a new range of rotary drum vacuum filters. The new filters are easy to clean and involve low maintenance cost and nominal operating care because of their highest automation and hygienic design.
• In March 2018, Alfa Laval (Sweden) opened a new production unit for brazed heat exchangers in Virginia, US. The new production plant would strengthen the company’s position in the North American market.
• In June 2018, Alfa Laval (Sweden) announced the launch of a new disc stack separator—UniDisc. This disc technology would increase the separation efficiency by 30%, due to the low spacing between the disc.
• In September 2018, Ferrum (Switzerland) announced the acquisition of Hiller GmbH (Germany). This acquisition would help Hiller GmbH to strengthen its position in the economically volatile market, as well as to expand its business in the Asian and North American regions.

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