Potato Starch Market Trends and Segments 2021-2030
Potato starch, as the name suggests, refers to the starch derived from potatoes. Starch grains or leucoplasts as it is also known as are found in the cells of the root tubers of potato plants. Potatoes are crushed to extract starch from them. The starch grain are then released from the cells that are destroyed. It is then washed out and dried to convert them into powder.
Potato starch comes with typical large oval
spherical granules that range in size between 5 to 100 μm. Potato starch is
considered a very refined one, containing very less of fat or protein. This
renders the powder a clear white hue. When the starch is cooked, it comes with
typical characteristics of good clarity, neutral taste, long texture, high
binding strength, and minimum tendency to yellowing or foaming of the solution.
Potato starch is used in many ready-to-mix and
ready-to-eat products food products. Food products such as dessert mix, baked
goods, and curry make use of potato starch. Additionally, it has countless
applications across the category of convenience food products worldwide and
particularly in the developing countries. These components are estimated to
stimulate growth of the global potato starch market in the years to come.
Some of the noted players that are
operating in the global potato starch market comprise Emsland Group,
Beteiligungs-AG, SÜDSTÄRKE GMBH, PEPEES Group, and Cargill, Inc. However,
Belgium, Netherlands, and Luxembourg or BENELUX is anticipated to expand with a
most lucrative CAGR in terms of value over the forecast period.
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The global potato starch market has garnered a
revenue of around US$5,000 mn in 2017 and is estimated to reach a market value
of US$7,178.4 mn by the end of 2026. The market is growing and is anticipated
to rise at 4.6% CAGR over the forecast period, from 2017 to 2026.
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Accelerated Demand to Rise from
Adhesiveness of Potato Starch
The textile industry is thriving worldwide and
particularly across the developing countries such as China and India. It has
led to the increased consumption of potato starch. Besides, potato starch also
finds it usage across textile sizing activities in cotton clothes. Rising demand
for potato starch for textile sizing is influencing the global potato starch
market positively.
Furthermore, starch is an adhesive material and it
finds usage during the process of size mix due to many factors such as tuning
of starch properties as per the requirement. It is also cost-effective as
compared to other substitutes. It has been observed that potato starch is
gaining substantial traction worldwide.
On the other hand, certain important factors are
restraining the growth of global potato starch market. Those are the volatility
of raw materials such as potatoes’ price due to climatic changes. Besides,
seasonal variations and constant changing climate are lowering crops’ quality
owing to uneven and critical rainfall patterns. Such fluctuations are resulting
in fluctuation of the costs of crops and curbing growth of the global potato
starch market.
On the regional front, the global potato starch
market has been segmented into North America, Latin America, Europe, Asia
Pacific, And the Middle East & Africa. Off all the regions, Europe
accounted for the leading share of the global potato starch market in 2018 with
regards to value and volume. The market in North America is anticipated to
obtain significant share by the end of 2026. This growth of the global potato
starch market is attributed to the demand for potato starch and the demand for
accessibility is growing across these geographies.
The information that has been presented in this
review has been extracted from a TMR report titled “Saudi Arabia Passive Fire
Protection Materials Market (Product Type – Sealants, Intumescent coatings,
Foams & boards and Others; Application – Civil, Mechanical &
Electrical, Duct, Structural Steel Fireproofing, Cable & Wire Tray
Fireproofing and Others) - Saudi Arabia Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 – 2023
Food
and Beverages Sector
The world has undergone
a major shift in the way of living since the COVID-19 pandemic struck. A
notable change in the functioning of various businesses and sectors has
influenced their working mechanisms extensively. The food and beverage sector
is no stranger to this change. Transparency Market Research (TMR) has studied
many aspects concerning the difference between the trends in the pre-pandemic
and post-pandemic world across the food and beverage industry
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