Global Potato Starch Market Forecasted to Expand Rapidly during 2018-2023: Demand from Food Industry Continues to Grow

Published on : Jul 24, 2018

Albany, New York, July 24, 2018: Recently, a study focusing on the global demand for potato starch and expansion of the global potato starch market in near future has been broadcasted to the wide repository of Market Research Hub (MRH). The study is titled as “Global Potato Starch Market by Manufacturers, Regions, Type and Application, Forecast to 2023” which throws light on market growth and analyze how the demand for potato protein will evolve over the period, 2017-2023. Moreover, the report also highlights opportunities in the market at the global and regional level.

Potatoes are full of energy and have an enjoyable starchy taste. Apart from that, potato starch is highly utilized across the world, which is a gluten-free starch powder extracted from potatoes. In the present time, potato starch products are essential in the food, paper, adhesives and building and textile industries. According to the research key findings, the worldwide market for Potato Starch is expected to grow at a striking CAGR over the next five years and will reach a substantial value until the end of 2023.

Initially, the report begins with an executive summary that shares information on potato starch introduction, product scope, market overview, market opportunities, market risk, and market driving force. In addition, the market size and forecast in terms of US$ Mn for various segment of potato starch have been provided for the period from 2017 to 2023. It also provides information and data analysis of the country’s market with respect to the segments that are based on product type, application and end-users. By type, the study covers food grade, industrial grade and other. Application-wise segmentation includes chemical, paper, textile and food industry. As per the findings, food industry, among all accounted for 56% of consumption in 2016 and is anticipated to grow in the coming years as well.

Moreover, the report analyzes the global potato starch market, with a prime focus on some of the key regions, such as Europe, Asia Pacific, North America, MEA and South America. Among these, the analysts find that Europe is mature and the largest market of potato starch production, growth in the future may be mainly in Poland and other eastern European countries. Also, China and India will become the strongest growth of this market globally in the future because of the fertile resources and huge demand, when they breach the technical bulwark and develop the market chain.

The study has further outlined key players in the global potato starch market which are Penford (Ingredion) (US), Avebe (NL), AKV Langholt (DK), Qilianxue Starch (CN), Emsland Group (DE), Yunnan Starch (CN), Vimal (UA), Roquette (FR), Beidahuang Potato Group (CN), Guyuan Yaxue Starch (CN), KMC (DK), Western Polymer Corporation (US), Lantian Starch (CN), Sdstrke (DE), Qingji Potato (CN), Aloja Starkelsen (LV), Manitoba Starch Products (CA), Pepees (PL) and others.

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