The Global Potato Starch Market is expected to reach a value of US$ XX billion by 2028, at a CAGR of XX% over the forecast period (2022 - 2028)The Global Potato Starch Market is expected to reach a value of US$ XX billion by 2028, at a CAGR of XX% over the forecast period (2022 - 2028)
According to the latest research by SkyQuest Technology, the Global Potato Starch Market was valued at US$ XX billion in 2021, and it is expected to reach US$ XX billion by 2028, with a CAGR of XX% during the forecast period of 2022 - 2028. The research provides up-to-date Potato Starch market analysis of the current market landscape, latest trends, drivers, and overall market environment.
Biodegradable polymers include bioplastics, which are made from potato starch. Since they are created from renewable resources, they are becoming more and more popular in packaging, food service, consumer electronics, agriculture/horticulture, consumer goods, automotive, and household uses. Our research revealed that when it comes to applications, packaging accounts for 47% of the world's 2.11 million tonnes of bioplastic production. The market for bioplastics is expected to grow by 36% between 2021 and 2026, driven by investments from countries including China, the US, and Europe.
The production and sales of Potato Starch have rapidly decreased as a result of the COVID-19 outbreak. Many countries were put into a state of emergency as a result of the outbreak, which had a big impact on how much of this medicine was produced. The disruption in the supply chain also had an effect on the availability of the raw materials required to make this starch. However, due to growing demand for ready-to-cook foods and the components required for home cooking, the necessity for naturally derived ingredients has been reinstated throughout the food processing industry. The demand for starch as a clean-label ingredient is expected to rise as a result of the pandemic's growing concerns about food safety.
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Read market research report, "The Global potato starch Market is segmented based on nature, end-user, type and regions. Based on nature analysis the market is further sub segmented into organic and conventional segments. Based on end-user, the market is segregated into textile & paper, food & beverages, pharmaceuticals, cosmetics and Other segments. Based on the basis of type, the market is segmented into native and modified segments & By Region - Forecast and Analysis 2022-2028" by SkyQuest.
Due to rising consumer demand for organic products and their supposed health advantages, the organic Potato Starch industry is dominating. Organic foods are seen as being safer and healthier due to the absence of chemicals and pesticides. Foods that have been prepared organically are becoming more commonly accessible in retail stores in North America's and Europe's industrialized economies. The increased demand for clean-label foods and beverages is expected to increase the need for organic starch in the food processing industry. The flourishing of the textile and paper industries is expected to lead to the development of the traditional category.
The growing use of starch in the food and beverage industry is anticipated to aid in the market's rise. This kind of starch is being utilized more frequently as the major component of numerous processed foods. With the popularity of clean-label and plant-based products, demand for this component, which is utilized as a thickening, binding, and stabilizing agent, is always growing. The increasing demand for foods that are ready to eat and cook is another factor driving the need for starch. The industry is also predicted to grow in the upcoming years as a result of increased consumption and demand for sweeteners.
North America now commands a strong market domination in Potato Starch thanks to rising demand from the food and beverage industry. The market in the region is primarily driven by the rising demand for clean-label and plant-based products. Today's shoppers are looking for pleasurable yet healthy products. The European Union now holds the second-largest market share for potato starch, which can be attributed to the region's expanding interest in foods made from plants and organic ingredients. The expansion of the local organic starch market is subsequently stimulated.
Drivers- Economic feasibility of the product and rising clean label adoption in the market will drive up demand for starches in the food industry and hence boost the numbers of the market.
Restraint- The growing consumer awareness of the risks linked to consuming too many carbohydrates is a significant impediment to the market's growth. As more people try to reduce their risk of acquiring lifestyle-related diseases including diabetes, obesity, and cardiovascular disease, low-carb diets are growing in popularity.
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What does this Report Deliver?
Market Estimation for 20+ Countries
potato starch Market demand by Region, Sub-Region, and Country
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures
Global, Regional and Country specific Potato Starch Market Trends
Comprehensive Mapping of Potato Starch Industry Parameters
Attractive Investment Proposition in the Global Potato Starch Industry
Competitive Strategies Adopted by Potato Starch Market Key Players
Drivers, Restraints, Opportunities, Challenges and the impact on the Potato Starch Market Size
Market growth rate till 2028
Regulatory scenario, regional dynamics, and Potato Starch market insights of leading countries in each region
In-depth Market insights by Region and Country
Market Segmentation Trend Analysis, Opportunities and Growth
Porter's five force analysis to know the market's condition
Pricing Analysis and Potato Starch Market Sales
Parent market analysis
Product portfolio benchmarking
SkyQuest has segmented the Global Potato Starch Market based on nature, end-user, type and Region:
Global Potato Starch by nature (Revenue, US$ billion, 2021 - 2028)
Global Potato Starch by end-user (Revenue, US$ billion, 2021 - 2028)
Textile & Paper
Food & Beverages
Global Potato Starch by type (Revenue, US$ billion, 2021 - 2028)
Global Potato Starch by region (Revenue, US$ billion, 2021 - 2028)
Rest of Europe
Rest of Asia Pacific
Central & South America
Rest of CSA
Middle East & Africa
Rest of MEA
Key Players in the Global Potato Starch Market
Emsland Group (Germany)
Cargill, Inc. US
PEPEES Group (Poland)
Ingredion, Inc. (US)
KMC a.m.b.a. (Denmark)
Coöperatie Koninklijke Cosun U.A. (Netherlands)
AGRANA Beteiligungs-AG (Austria)
Lodaat Pharma (US)
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
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