MarkNtel Advisors recently published a detailed industry analysis of the Global Potato Starch Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Potato Starch Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Potato Starch Market size was v alued at USD 3.49 billion in 2023 and is estimated to grow at a CAGR of around 3.1% during the forecast period, i.e., 2024-30.
Key Findings in Global Potato Starch Market:
- Historical Analysis: 2019–2022
- Base Year: 2023
- Forecast Period: 2024–2030
Leading Market Players- 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 among others
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Global Potato Starch industry?
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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What segments define the Global Potato Starch Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
By Nature
- Organic- Market Size & Forecast 2019-2030F, (Tons)
- Conventional- Market Size & Forecast 2019-2030F, (Tons)
According to report, The Organic segment is anticipated to hold a major share of the Potato Starch Market during the forecast period, owing to growing consumer preferences for organic and sustainably sourced ingredients.
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)
According to report, The surging adoption of potato starch in various industries such as paper, pharmaceutical, cosmetics, etc.
Explore the Complete Global Potato Starch Market Analysis Report – https://www.marknteladvisors.com/research-library/potato-starch-market.html
Geographical Analysis: Global Potato Starch Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Potato Starch Market Recent Development:
- In 2022 Emsland Group announced the completion of a facility named WaltrAut, where new roller drying units with autoclaves are installed. It was constructed to produce plant-based ingredients, like potato starch.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Potato Starch Market?
- How is the Potato Starch Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
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 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.
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