Published on : Apr 04, 2018
Albany, New York, April 4, 2018: Market Research Hub (MRH) has freshly added a new forecast study titled “Potato Starch Market, Consumption, Global Forecast by (Native, Modified, Sweeteners), Region, Applications, Companies” to its massive database, which highlights several aspects of potato starch to cover the global market expansively. In this 150-pages study, factors influencing the dynamic growth of the global potato starch market have been addressed. In addition, drivers, restraints, trends and growth opportunities have been disclosed.
For a clear and deeper understanding of the market, the research focuses on some prime regions including America, Europe, Asia-Pacific and Rest of the World. For each region, the study covers historical, current, and projected size of the market from the standpoint of both value and volume. The projections featured in the report have been derived using proven research methodologies and assumptions.
Market Overview and Key findings
Starch is commonly found in foods such as potatoes, pasta rice and flour. Potatoes are full of energy and have a delicious starchy taste. It is considered as a favorite starch side dish for the cook of any household. Due to its widening use as stabilizers and thickeners in foods such as soups, sauces, gravies, puddings, pie fillings, custards and salad dressings, and in the making pasta and noodles; the demand has been increasing day by day. In fact, the analyst has estimated that global Potato Starch market is expected to exceed US$ 2 Billion by 2024, and will grow at an impressive rate.
In terms of geography, Asia-Pacific and Europe represent a significant market share due to increasing consumption in the emerging countries and growing production. Moving further, the research categorizes global potato starch market on the basis of products and industry. By products, the study covers native starch, modified starch and sweeteners. On the other hand, major industries covered in the study are Confectionery and Drinks, Pharmaceuticals and Chemicals, Feed, Processed Food, Corrugating and Paper Making, and other non-food.
As per the research findings, the rapid growth in these industries has also increased the demand for potato starch. Also, the rising demand for potato starch from the food and beverage industry is also driving the growth of the potato starch market.
The research further outlines key players that are anticipated to remain active in the expansion of the global potato starch market through 2024. Some of the key players in the global Potato starch market include Tate & Lyle, Cargill, Ingredion, Riddhi Siddhi Gluco Biols Ltd., Gulshan Polyols Ltd. and Archer Daniels Midland Company. Financial insights for each key player are also outlined in the study.
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