Increasing Global Workforce & Rising Demand for Convenient Food to Propel the Expansion of Global Potato Star Market

In 202, the size of the Global Potato Starch Market was valued at USD 3.49 billion, and is anticipated to grow at a CAGR of around 3.1% between 2024 to 2030. The growth of the industry imputes the rising demand for plant-based food products along with the increasing applications of potato starch in several industries like paper, textile, etc.

Additionally, rapid urbanization, integrated with increasing access to technology and education is empowering individuals to join the workforce in unmatched numbers. Furthermore, with a busy lifestyle, and limited time for cooking meals, many people have been inclined towards convenience food products. This surging demand for ready-to-eat food products is leading producers to surge the convenience food production made from starch. Thus, it is contributing to the expansion of the Global Potato Starch Market.

Escalating Adoption of Gluten-Free Products Among Customers Emerging as a Huge Trend in the Potato Starch Industry

The rising health consciousness, increasing disposable incomes, and gluten allergies among consumers have propelled the popularity of gluten-free food products globally. Consumers are constantly seeking gluten-free substitutes across various food categories, ranging from snacks and bakery items to ready-to-eat meals and beverages.

In addition, producers are launching new and innovative gluten-free products in bakery, confectionery as well as processed and packed food items to serve the surging demands. As consumers seek healthy and gluten-free substitutes in their food products, the demand for potato starch is increasing rapidly.

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Organic Segment is Estimated to Occupy a Prominent Share of the Global Potato Starch Market

On the basis of nature, the Potato Starch industry is categorized into two main segments including – Conventional and Organic. Out of these, Organic segment is expected to hold a major share of the industry in the upcoming years, owing to the growth of consumer preferences for organic and sustainably source ingredients. Consumers especially in food products, and cosmetics, etc., are looking for natural, healthy, and organic ingredients for better skin and health.

Furthermore, the rise of organic food certifications and labeling schemes offers consumers with assurance related to the quality and authenticity of organic potato starch products boosting their adoption among end-user industries.

Notable Players of the Global Potato Starch Industry

According to the recent report of MarkNtel Advisors, the top players in the Global Potato Starch market are: AKV Langholt AMBA, Agrana Beteiligungs, Lyckeby Amylex, Inc, Susdtarke GmbH, Royal Ingredients Group, Radchen USA Inc, Roquette Freres, Coöperatie Koninklijke Avebe U.A., Tate & Lyle Netherlands B.V., KMC(Kartoffelmelcentralen), Pepees S.A., Cargill Incorporated, Tereos International SA, Vimal PPCE, Emsland-Stärke GmbH, and others.

Recent Development of the Global Potato Starch Market

In 2022, Emsland Group, announced the completion of a facility named WaltrAut, wherr a new roller drying unit with autoclaves were installed. It was constructed to manufacture plant-based ingredients such as potato starch.

Europe is Contemplated to Hold a Notable Share of the Global Potato Starch Market

Geographically, the Global Potato Starch Industry extends across –

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Among these regions, Europe is expected to hold a significant share of the potato starch market as the region boasts extensive potato production and potato starch manufacturing industries. Moreover, the region has a strong infrastructure, and top-notch starch extraction methods further expanding the production of potato starch. Therefore, the demand of potato starch is driven by the booming industry, as well as rising taste for naturally produced food products in countries like Germany, and Denmark, etc.

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