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The global potato starch market reached a volume of 3.90 Million Tons in 2020.
According to the estimates by IMARC Group, the global potato starch market is expected to grow at a CAGR of 2.2% during 2021-2026
Potato starch is extensively utilized in the food industry as a binder, additive, thickener, and stabilizer in the preparation of potato chips, noodles, wine gums, cocktail nuts, hot dog sausages, bakery cream, instant soups and sauces, etc., which represents one of the key drivers for the global potato starch market.
The expanding application of potato starch as an excipient in the production of pharmaceuticals, and to finish and stiffen various types of fabrics in the textile industry, represents one of the key trends in the global potato starch market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the supply chain disruptions of raw materials and temporary shutdown of numerous manufacturing units of potato starch.
On the basis of the category, the market has been bifurcated into native starch and modified starch. Currently, native starch accounts for the majority of the market share.
On the basis of the application, the market has been divided into food applications and industrial applications. Among these, food applications represent the largest segment.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Europe dominates the global market.
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