Potato Starch Market Size, Share, Trend, Analysis and Forecast 2021-26

According to the latest report by IMARC Group, titled “Potato Starch Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global potato starch market reached a strong growth in 2020.

Potato starch refers to a powdery product that contains minimal fat or protein obtained from root tubers of potato plant. The starch usually has a neutral taste along with minimal foaming and high-binding properties. Potato starch adds a light, fluffy texture to baked goods. Owing to this, it is extensively used in the food industry as a thickener, binder, additive, and stabilizer for preparing noodles, potato chips, cocktail nuts, hot dog sausages, instant soups and sauces, wine gums, etc.

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A significant growth in the food processing industry, coupled with the rising consumption of ready-to-eat food products, is primarily driving the global market for potato starch. Besides this, potato starch is widely utilized as an excipient in the production of pharma products as well as in the textile sector to finish and stiffen various fabrics. Furthermore, the growing utilization of potato starch across the paper and chemical industries based on its high adhesion properties and better solubility is also augmenting the market growth. Additionally, numerous product manufacturers are getting inclined towards organic solvents, specialty enzymes, and chemicals to improve product quality.

Breakup by Category:

Native Starch
Modified Starch
Sweeteners

Native starch represents the most popular category and accounts for the majority of the total market share as it is easily available at affordable prices.

Breakup by Application:

Food Applications
Industrial Applications
Others

Currently, potato starch is mostly employed in food applications on account of its neutral taste and high binding strength.

Regional Insights:

Europe
Asia Pacific
North America
Latin America
Middle East and Africa

At present, Europe enjoys the leading position in the global market due to the high consumption of convenience food across the region.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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