The North America potato starch market reached a volume of 306,100 Tons in 2018. Potato starch is a fine, tasteless powder produced from the root tubers of the potato plant. It offers several health benefits such as lowering blood sugar levels, increasing the absorption of minerals, namely magnesium and calcium, and reducing the absorption of toxic compounds. Moreover, owing to the neutral taste of potato starch, it is widely used as a base material in various food products. Furthermore, it is also utilized as an additive, stabilizer, thickener and gluing agent in distinctive food items. On account of these properties, potato starch finds wide applications across various sectors including food, textile, pharmaceutical, paper and adhesive.
The North America potato starch market is currently being driven by several factors. The emerged food industry in the region experiences a rise in the demand for potato starch due to its high binding strength and a minimal tendency of foaming or yellowing the solution. On account of this, it is used in the preparation of instant soups and sauces, potato starch, hot dogs, noodles, pasta, wine gums and cocktail nuts. Apart from this, potato starch offers a light and fluffy texture to the baked items, therefore it is used in preparing bakery cream. In addition to this, potato starch finds numerous applications in processed meat products such as frankfurters, bologna, wiener, hamburgers, meatballs, luncheon meat, meatloaves and ham. Looking forward, IMARC Group expects the market to reach a volume of 387,180 Tons by 2024, registering a CAGR of around 4% during 2019-2024.
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