Potato Starch Market By Type (Native and Modified), By Nature (Organic and Conventional), By End-use (Food Industry, Paper Industry, Textile Industry, Pharmaceutical, Personal Care, and Others), By Distribution Channel - Trends, Analysis and Forecast till 2030

Potato is a feedstock used for the production of starch. Potato starch is a rich source of carbohydrates and is widely used as thickening agent in food industry. Potato starch is a tasteless, odourless, and soft power, extracted from the cells of the potato plant containing starch grains. Potato starch is extracted from potatoes. The root tubers cells of the potato plant contain starch grains. To extract the starch, the potatoes are crushed where the starch grains are released from the destroyed cells. The starch is then washed out and dried to powder.

Increasing demand for potato starch in end use industries such as food and pharmaceuticals is a major factor driving the growth of the potential market. In addition, increasing demand for potato starch in the textile industry for textile sizing, especially for cotton yarns is expected to boost the revenue growth of the target market over the forecast period. Furthermore, growing demand for ready to eat food products such as dessert mixes, bakes products, and others is another factor propelling the growth of the global market. With this growing consumption of paper across the globe for various applications is one factors expected to support revenue growth of the potential market over the forecast period. Cost-effective when compared to other substitutes, potato starch is observed to be gaining significant traction on a global level. However, fluctuating raw material prices of potato starch owing to irregularities in the climate which affect the yield are expected to restrain revenue growth of the target market over the forecast period.

Potato starch market is segmented into types, end-user, distribution channel, and region. Based on the types, the global market is sub-divided into modified and native. The native segment is projected to grow at a steady rate over the forecast period. On the basis of end-user, the target market is bifurcated into food industry, paper industry, textile industry, pharmaceutical, personal care, and others. Among the end-user segments, the food industry segment is projected to contribute major revenue share in the global market Based on the distribution channel, the global market is characterized into direct sales and indirect sales.

On the base of region, the potato starch market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe market is expected to contribute for major revenue share in the potential market. Rising demand convenience food products in the region owing rapid urbanization and changing consumer preference is a major factor expected to boost revenue growth of target market. The potato starch market in Asia Pacific is anticipated to grow at a moderate growth rate over the forecast period. Rising demand for potato starch in the food and pharmaceutical industries is expected to support revenue growth of the potential market in Asia Pacific. North America is expected to average growth rate of the market in the upcoming years.

Key players in the potato starch market are Cargill, Incorporated, Emsland Group, Novidon B.V., PEPEES S.A., AGRANA Beteiligungs-AG, KMC Group, AVEBE U.A., AKV Langholt AmbA, Ingredion Incorporated, and Tereos Starch & Sweeteners s.a.s.