The Global Potato Starch Market size was valued 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. According to MarkNtel Advisors Study.
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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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Potato Starch Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- 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)
- Food & Beverages – Market Size & Forecast 2019-2030F, (Tons)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, 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 among others are looking forward to strengthening their market positions.
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