Potato Starch Market Size to Reach USD 3.49 billion in 2023

Market Insights

As per recent research by MarkNtel Advisors, The Global Potato Starch Market size is valued at around USD 3.49 billion in 2023 and is projected to grow at a CAGR of around 3.1% during the forecast period, i.e., 2024-30.

Global Potato Starch Market Driver:

Rising Global Workforce Increasing Demand for Convenient Food to Propel Market Expansion – Rapid urbanization, coupled with increasing access to education technology, is empowering individuals to join the workforce in unprecedented numbers. Moreover, economic development industrialization in emerging markets are also driving significant increases in the working-age population. For instance:

In 2023, according to the World Bank, the employment-to-population ratio globally was about 58% compared to about 56% in 2022.

With busy lifestyles and limited time for meal preparation and cooking, many consumers have been turning to convenience food products as quick and convenient alternatives. This surging demand for convenience and ready-to-eat food products is leading manufacturers to surge the convenience food production made from potato starch. Also, with the increased demand and production of a diverse range of convenience food options, including portable and ready-to-eat formats, the demand for potato starch has been surging, propelling the growth of the Global Potato Starch Market.

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Market Segmentation and Consumer Behavior:

By Nature

Organic- Market Size Forecast 2019-2030F, (Tons)
Conventional- Market Size Forecast 2019-2030F, (Tons)

By Type

Native- Market Size Forecast 2019-2030F, (Tons)
Modified- Market Size Forecast 2019-2030F, (Tons)

By End User

Food Beverages - Market Size Forecast 2019-2030F, (Tons)
- Bakery Confectionery Products- Market Size Forecast 2019-2030F, (Tons)
- Processed Foods- Market Size Forecast 2019-2030F, (Tons)
- Beverages- Market Size Forecast 2019-2030F, (Tons)
- Others (Ready to Eat Foods, Noodles, etc.) - Market Size Forecast 2019-2030F, (Tons)
Feed- Market Size Forecast 2019-2030F, (Tons)
Industrial- Market Size Forecast 2019-2030F, (Tons)
- Paper- Market Size Forecast 2019-2030F, (Tons)
- Pharmaceuticals- Market Size Forecast 2019-2030F, (Tons)
- Cosmetics- Market Size Forecast 2019-2030F, (Tons)
- Biodegradable Plastic- Market Size Forecast 2019-2030F, (Tons)
- Others- Market Size Forecast 2019-2030F, (Tons)

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Potato Starch Market Geographical Analysis:

By Region:

North America
South America
Europe
Middle East Africa
Asia-Pacific

Key Players and Competitive Strategies in the Potato Starch Market

Several prominent players dominate the Potato Starch Market, including:

Emsland-Stärke GmbH
Vimal PPCE
Tereos International SA
Cargill Incorporated
Pepees S.A.
KMC(Kartoffelmelcentralen)
Tate Lyle Netherlands B.V.
Coöperatie Koninklijke Avebe U.A.
Roquette Freres
Radchen USA Inc
Royal Ingredients Group
Susdtarke GmbH
Lyckeby Amylex, Inc
Agrana Beteiligungs
AKV Langholt AMBA

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Questions Addressed in this Study

1.What factors are driving the Potato Starch Market growth?

2.How is the Potato Starch Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Potato Starch Market?

4.What is the current size of the Potato Starch Market, and how is it projected to change in the future?

6.What is the future outlook for the Potato Starch Market in terms of technological advancements and market expansion?

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MarkNtel Advisors is a leading research, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, individuals, among others.

Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 15 diverse industrial verticals.