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Potato Starch Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | Cargill Incorporated, Pepees SA, Emsland Group, Sudstarke GmbH, Novidon Ltd., Ingredion Inc., AGRANA Beteiligungs-AG, Cooperative AVEBE UA, AKV Langholt AmbA, T
Potato Starch Market Trends
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Increasing Demand For Ready-To-Eat Foods Fuels Growth In The Potato Starch Market
Rising demand for ready-to-eat food products is expected to propel the growth of the potato starch market. Ready-to-eat foods are shelf-stable and don't need to be refrigerated to stay bacteria-free which makes them easy to store and use whenever needed. The increased consumer willingness to spend on ready-to-eat food, along with a lack of time to prepare at home as a result of rapid urbanization, is the primary factor boosting demand for ready-to-eat meals. Potato starch is generally employed in canned soups and blends where its thickening power, particularly for fill viscosity, is utilized. It is also used as a foundation for gelling agents in confections, thickeners in items such as pastry and pie fillings, and instant puddings. For instance, according to Bizom, a retail intelligence platform, in 2021, ready-to-eat goods sales increased 9.1% in August over July which counts sales in 7.5 million retail outlets across the country. Ready-to-cook sales increased by 6.7 % in 2021. Therefore, growing consumption of ready-to-eat food is likely to drive the growth of the potato starch market during the forecast period.
Innovation Flourishes In The Potato Starch Market With Introduction Of Enhanced Products
The introduction of innovative products is a key trend gaining popularity in the potato starch market. Companies in the potato starch market are rapidly investing in developing new products to provide enhanced solutions to their consumers with better qualities. For instance, in 2021, Ingredion Inc., a US-based ingredient provider, introduced a new product ULTRA-TEX 1311 modified potato starch for daily desserts. The launch of ULTRA-TEX 1311 modified potato starch exemplifies the ingredient's commitment to expand potato capabilities and help to eliminate cooking and shorten processing times, providing food manufacturers to save energy.
The potato starch market covered in this report is segmented -
1) By Type: Native Starch, Modified Starch, Sweeteners
2) By Nature: Organic, Conventional
3) By Distribution Channel: Indirect, Direct, Other Distribution Channels
4) By Application: Fооd Іnduѕtrу, Рареr Іnduѕtrу, Сhеmісаl Іnduѕtrу, Техtіlе Іnduѕtrу, Other Іnduѕtries
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Major companies operating in the potato starch market include Cargill Incorporated, Pepees SA, Emsland Group, Sudstarke GmbH, Novidon Ltd., Ingredion Inc., AGRANA Beteiligungs-AG, Cooperative AVEBE UA, AKV Langholt AmbA, Tereos Starch & Sweeteners SAS, Roquette Freres SA, Finnamyl Ltd., Manitoba Starch Inc., Tate & Lyle plc, Aloja Starkelsen SIA, KMC Ingredients, Lyckeby Starch AB, Vimal Group, Universal Starch Chem Allied Ltd., Qingdao CBH Co. Ltd., Gujarat Ambuja Exports Ltd., ShreeGluco Biotech Private Ltd., Shubham Starch Chem Pvt. Ltd., Matsutani Chemical Industry Co. Ltd., Sanstar Bio-Polymers Ltd., Jay Sardar Starch & Gum Consultant, Tirupati Starch & Chemicals Ltd., Ambuja Exports Ltd., Daymer Ingredients Limited, The Wah Starch Public Company Limited
Contents of the report:
1. Executive Summary
2. Potato Starch Market Report Structure
3. Potato Starch Market Trends And Strategies
4. Potato Starch Market - Macro Economic Scenario
5. Potato Starch Market Size And Growth
…..
27. Potato Starch Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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