Global Potato Starch Market to Reach 5.2 Million Tons by 2032, Bolstered by Significant Growth in F&B Industry

November 14, 2022 | Food & Beverages

According to the latest report by IMARC Group, titled “Potato Starch Market Report by Category (Native Starch, Modified Starch, Sweeteners), Application (Food Applications, Industrial Applications), and Region 2024-2032," the global potato starch market size reached 4.2 Million Tons in 2023. Potato starch is a finely textured, powder-like substance extracted from the root tubers of the potato plant that contains minimal fat or protein. Its manufacturing process includes various steps, such as cleaning, pulverization, separation, sedimentation, powdering, and drying. Potato starch is widely used in cooking, baking goods, drugs, paper manufacturing, cosmetics, personal care products, and textiles. It offers neutral flavor, high binding power, excellent film-forming capabilities, low gelatinization temperature, better swelling, and high consistency in pasting and viscosity reduction. As a result, potato starch finds extensive applications across the food and beverage (F&B), pharmaceutical, chemical, paper manufacturing, and textile industries.

Global Potato Starch Market Trends:

The thriving food and beverage (F&B) industry across the globe is creating a positive outlook for the market. Potato starch is widely used as a thickening, gelling, and texturizing agent in soups, gravies, pie fillings, sauces, stews, and casseroles and as coatings to improve the crispness of baked and fried food. In addition, rising demand for convenience food products is facilitating product adoption for manufacturing ready-to-eat (RTE) pies, meals, and snacks. Furthermore, the widespread product utilization in the pharmaceutical industry as an excipient, diluent, disintegrant, glidant, and a binder in swallowable tablets, hard capsules, blends, granules, and pellets is providing an impetus to the market growth. Apart from this, increasing consumer awareness regarding various product health benefits, such as aided weight loss, regulated blood sugar levels, enhanced digestive health, and improved insulin sensitivity, is positively influencing the market growth. Additionally, the introduction of clustered regularly interspaced short palindromic repeats (CRISPR) technology to modify the ratio of starch molecules in potatoes for applications in the production of food additives, alcoholic beverages, adhesives, and bioplastics is facilitating the market growth. Other factors, including integration of automation technology in production processes, increasing product utilization in gluten-free meals as an alternative to flour, and widespread product adoption in the paper manufacturing and textile industry, are anticipated to drive the market growth. On account of the aforementioned factors, the market volume is expected to reach 5.2 Million Tons by 2032, exhibiting a CAGR of 2.4% during 2024-2032.

Market Summary:

On the basis of the category, the market has been divided into native starch, modified starch, and sweeteners. At present, native starch dominates the market in this segment.
Based on the application, the market has been bifurcated into food and industrial applications. Among these, food application account for the majority of the total market share.
On a regional basis, the market is led by Europe. Other major region include Asia Pacific, North America, Latin America, and Middle East and Africa.
The competitive landscape of the industry has also been examined, with some of the key players being Avebe, Emsland Group, KMC, Roquette, and Ingredion Incorporated.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	Million Tons, US$ Billion
Segment Coverage	Category, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered	Avebe, Emsland Group, KMC, Roquette, and Ingredion Incorporated
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Global Potato Starch Market to Reach 5.2 Million Tons by 2032, Bolstered by Significant Growth in F&B Industry

Purchase options

Single User License $2499
Five User License $3499
Corporate User License $4499

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.