Potato Starch Preferred Choice in Ready-to-Eat Food Products Mainly Due to Its Thickening & Stabilizing Properties: Fact.MR Report

According to a new industry report released by Fact.MR, worldwide revenue from the potato starch market is set to reach US$ 4.81 billion in 2024 and further increase at a CAGR of 4.8% from 2024 to 2034. Consumption of potato starch is particularly high in processed food products across the world.

Sales of potato starch are increasing due to the steadily rising demand for quick-to-eat and convenient foods in most parts of the world. Potato starch is popularly recognized for its exceptional ability to thicken and stabilize food products, thereby improving their texture and consistency. It is widely included in products that assist in preserving product viscosity and shelf life, such as soups, snacks, sauces, and other goods. Non-food industries such as textiles, chemicals, paper, medicines, and others also account for substantial use of potato starch.

Over the next ten years, the North American region is projected to hold a significant market share. Rising demand for processed meals and snacks is driving market expansion in the region. In addition, the market in North America is growing because of a strong agricultural sector and well-established production facilities across the region, especially in the United States.

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Key Takeaways from Market Study

• The global market for potato starch is projected to reach US$ 4.81 billion by 2034-end.
• North America is estimated to hold 23.7% of the global market share in 2024.
• The market in the United States is analyzed to generate revenue worth US$ 841.5 million by 2034.
• The market in South Korea is forecasted to expand at a CAGR of 5.5% through 2034.
• The market in China is estimated to reach US$ 833.1 million by the end of 2034.
• Based on nature, organic potato starch is set to hold 89.4% of the global market share in 2024.
• Revenue from modified potato starch is analyzed to reach US$ 6.14 billion by the end of 2034.

“Leading manufacturers of potato starch are focusing on broadening their product portfolios to encompass diverse product varieties, including organic, modified, specialty, and other starches, to cater to varying consumer demands and applications,” says a Fact.MR analyst

Leading Players Driving Innovation in the Potato Starch Market:

Cargill, Inc.; KMC a.m.b.a; National Starch Food Innovation; Tereos Syral S.A.S.; SMS Corporation Co., Ltd.; AKV Langholt AMBA; Novidon BV; Emsland Group; Pepees S.A.; Tate & Lyle; Ingredion Incorporated

High Preference for Modified Starch Compared to Native Variants:

Modified potato starch holds better and more enhanced functional properties than native variants. Modified potato starch undergoes chemical or physical alterations to improve its performance in various applications, such as improved gel formation, improved thickening capabilities, and improved stability in hot and acidic environments.

Due to these modifications, modified potato starch is now found in various products, including processed foods, sauces, and dressings, where precise texture and consistency are crucial. Backed by its increased functionality and adaptability, modified potato starch has gained popularity over native starch as businesses search for more dependable and adaptable ingredients to meet specific formulation requirements.

Potato Starch Market News:

• A new gelling agent made from potato starch was launched by Danish ingredient company KMC in July 2024, allowing for the production of soft and chewy plant-based confections.
• In March 2021, a latest addition to its extensive line of potato-based solutions for Canada and the United States - ULTRA-TEX 1311 modified potato starch was announced by Ingredion Incorporated, a global leading provider of ingredient solutions to many industries.

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More Valuable Insights on Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the potato starch market, presenting historical demand data (2019 to 2023) and forecast statistics for 2024 to 2034.

The study divulges essential insights into the market based on product type (modified, native), nature (organic, conventional), and end use (food & beverages, industrial, pharmaceuticals, cosmetics & personal care, animal nutrition), across seven major regions of the world (North America, Western Europe, Eastern Europe, East Asia, Latin America, South Asia & Pacific, and MEA).

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