Potato Starch Market worth $5.2 billion by 2027
Potato starch contains less lipid, protein, and ash contents compared to starch derived from tapioca and corn. The granule size of potato starch is larger and pure, with long amylose and amylopectin chain length, compared to starched cereals, such as whea
(EMAILWIRE.COM, February 09, 2022 ) The report "Potato Starch Market by Type (Native, Modified), End-User (Food & Beverages, Feed, and Industrial), Nature (Conventional, Organic), and Region (North America, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2027", is estimated to be valued at USD 4.3 billion in 2022. It is projected to reach USD 5.2 billion by 2027, recording a CAGR of 3.7% during the forecast period. The global potato starch market has been influenced by some of the macroeconomic and microeconomic factors witnessed in some key countries. This would prove strong enough to drive the market significantly in terms of value sales during the forecast period. With the rise in demand and preference for natural food ingredients, the trend of clean-label and plant-based products has significantly boosted the utilization of potato derivatives in the food industry. Potato starch is used as a binder, and this enhances its properties, such as smoothness, hardness, gloss, and whiteness.
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Agrana offers a wide range of organic potato starch in the food and luxury food sectors.
The organic industry is growing fast. According to the Organic Trade Association, more than 82% of US households buy organic, more than 75% of all categories on supermarket shelves offer organic options. The rising popularity of organic products due to their perceived health benefits is fueling the growth of organic potato starch. Organic foods are perceived to be safer and healthier as they are free from any chemicals and pesticides. Organically processed foods are emerging as mainstream retail products in the developed markets of North America and Europe. The growing popularity of clean-label food & beverages is expected to increase the demand for organic starch across the food processing industry.
Feed market is a relatively untapped and small market in comparison to other non-food applications and the rapidly growing food & beverage market.
Potato starch is used as one of the components of feed, majorly as a milk replacer and as a source of energy, to improve digestibility and help increase the weight of livestock. Companies are focusing on the development of extraction and processing of potato starch to discover new feed applications. Starch is the primary source of carbohydrates in swine feed. Modified potato starch, when fed as a substitute for corn to weaning pigs, can improve their growth performance. Modified starch in ruminant feed acts as a milk replacer for newborn calves. It is a source of carbohydrates, which helps in improving digestibility in ruminants and helps them gain weight. It is rapidly digested by rumens; however, an excess of it could induce acidosis in cattle, which could be harmful.
Modified potato starch provides internal strength to paper
Potato starch contributes to the paper industry in many ways as it provides several functional properties to the paper and works as a process aid as well. The papermaking industry uses a large number of potato starches, both as a wet-end additive and as a modifier in surface sizing and coating colors. They impart the body to the paper by holding the pulp together. Potato starches are used as glue and adhesives for paper edges. They provide internal strength and enhance the surface of the paper. They also improve printability and writing properties. Typically, printing and writing papers contain 4.1% starch; paperboard 2% starch; and domestic & industrial papers 1.9% starch. The growing use of recycled paper has led to the increasing use of starch derivatives to avoid the deterioration of the quality of fibers during recycling.
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North America is projected to reach USD 479.86 million during the forecast period.
In 2021, North America accounted for a market share of 10.48% in the global potato starch market. The North American potato starch market is completely driven by the US market. The US potato starch industry has witnessed technological advancement, which has increased its usage in various industries. In the US, potato starch is primarily used in canned soups and in blends where its thickening power is exploited, especially for fill viscosity. It is also used as a base for gelling agents in confections, for thickeners in products such as pastry and pie fillings, and in instant puddings. The growing trend of ready-to-eat meals and processed food is also driving the potato starch market in the region. Potato starch is frequently used in food applications due to its functional properties.
The key players in this market include Tate & Lyle (UK), Emsland (Germany), Ingredion Incorporated (US), and Avebe (Netherlands).
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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90016986
Agrana offers a wide range of organic potato starch in the food and luxury food sectors.
The organic industry is growing fast. According to the Organic Trade Association, more than 82% of US households buy organic, more than 75% of all categories on supermarket shelves offer organic options. The rising popularity of organic products due to their perceived health benefits is fueling the growth of organic potato starch. Organic foods are perceived to be safer and healthier as they are free from any chemicals and pesticides. Organically processed foods are emerging as mainstream retail products in the developed markets of North America and Europe. The growing popularity of clean-label food & beverages is expected to increase the demand for organic starch across the food processing industry.
Feed market is a relatively untapped and small market in comparison to other non-food applications and the rapidly growing food & beverage market.
Potato starch is used as one of the components of feed, majorly as a milk replacer and as a source of energy, to improve digestibility and help increase the weight of livestock. Companies are focusing on the development of extraction and processing of potato starch to discover new feed applications. Starch is the primary source of carbohydrates in swine feed. Modified potato starch, when fed as a substitute for corn to weaning pigs, can improve their growth performance. Modified starch in ruminant feed acts as a milk replacer for newborn calves. It is a source of carbohydrates, which helps in improving digestibility in ruminants and helps them gain weight. It is rapidly digested by rumens; however, an excess of it could induce acidosis in cattle, which could be harmful.
Modified potato starch provides internal strength to paper
Potato starch contributes to the paper industry in many ways as it provides several functional properties to the paper and works as a process aid as well. The papermaking industry uses a large number of potato starches, both as a wet-end additive and as a modifier in surface sizing and coating colors. They impart the body to the paper by holding the pulp together. Potato starches are used as glue and adhesives for paper edges. They provide internal strength and enhance the surface of the paper. They also improve printability and writing properties. Typically, printing and writing papers contain 4.1% starch; paperboard 2% starch; and domestic & industrial papers 1.9% starch. The growing use of recycled paper has led to the increasing use of starch derivatives to avoid the deterioration of the quality of fibers during recycling.
Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=90016986
North America is projected to reach USD 479.86 million during the forecast period.
In 2021, North America accounted for a market share of 10.48% in the global potato starch market. The North American potato starch market is completely driven by the US market. The US potato starch industry has witnessed technological advancement, which has increased its usage in various industries. In the US, potato starch is primarily used in canned soups and in blends where its thickening power is exploited, especially for fill viscosity. It is also used as a base for gelling agents in confections, for thickeners in products such as pastry and pie fillings, and in instant puddings. The growing trend of ready-to-eat meals and processed food is also driving the potato starch market in the region. Potato starch is frequently used in food applications due to its functional properties.
The key players in this market include Tate & Lyle (UK), Emsland (Germany), Ingredion Incorporated (US), and Avebe (Netherlands).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Contact Information:
MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results