Potato starch, as the name suggests, refers to the starch derived from
potatoes. Starch grains or leucoplasts as it is also known as are found in the
cells of the root tubers of potato plants. Potatoes are crushed to extract
starch from them. The starch grain are then released from the cells that are
destroyed. It is then washed out and dried to convert them into powder.
Potato starch comes with typical large oval spherical granules that
range in size between 5 to 100 μm. Potato starch is considered a very refined
one, containing very less of fat or protein. This renders the powder a clear
white hue. When the starch is cooked, it comes with typical characteristics of
good clarity, neutral taste, long texture, high binding strength, and minimum
tendency to yellowing or foaming of the solution.
Potato starch is used in many ready-to-mix and ready-to-eat products
food products. Food products such as dessert mix, baked goods, and curry make
use of potato starch. Additionally, it has countless applications across the
category of convenience food products worldwide and particularly in the
developing countries. These components are estimated to stimulate growth of the
global potato starch market in the years to come.
Some of the noted players that are
operating in the global potato starch market comprise Emsland Group,
Beteiligungs-AG, SÜDSTÄRKE GMBH, PEPEES Group, and Cargill, Inc. However,
Belgium, Netherlands, and Luxembourg or BENELUX is anticipated to expand with a
most lucrative CAGR in terms of value over the forecast period.
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The global potato starch market has garnered a revenue of around
US$5,000 mn in 2017 and is estimated to reach a market value of US$7,178.4 mn
by the end of 2026. The market is growing and is anticipated to rise at 4.6%
CAGR over the forecast period, from 2017 to 2026.
Accelerated Demand to Rise from Adhesiveness of
Potato Starch
The textile industry is thriving worldwide and particularly across the
developing countries such as China and India. It has led to the increased
consumption of potato starch. Besides, potato starch also finds it usage across
textile sizing activities in cotton clothes. Rising demand for potato starch
for textile sizing is influencing the global potato starch market
positively.
Furthermore, starch is an adhesive material and it finds usage during
the process of size mix due to many factors such as tuning of starch properties
as per the requirement. It is also cost-effective as compared to other
substitutes. It has been observed that potato starch is gaining substantial
traction worldwide.
On the other hand, certain important factors are restraining the growth
of global potato starch market. Those are the volatility of raw materials such
as potatoes’ price due to climatic changes. Besides, seasonal variations and
constant changing climate are lowering crops’ quality owing to uneven and
critical rainfall patterns. Such fluctuations are resulting in fluctuation of
the costs of crops and curbing growth of the global potato starch market.
On the regional front, the global potato starch market has been
segmented into North America, Latin America, Europe, Asia Pacific, And the
Middle East & Africa. Off all the regions, Europe accounted for the leading
share of the global potato starch market in 2018 with regards to value and
volume. The market in North America is anticipated to obtain significant share
by the end of 2026. This growth of the global potato starch market is
attributed to the demand for potato starch and the demand for accessibility is
growing across these geographies.
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The information that has been presented in this review has been extracted
from a TMR report titled “Saudi Arabia Passive Fire Protection Materials Market
(Product Type – Sealants, Intumescent coatings, Foams & boards and Others;
Application – Civil, Mechanical & Electrical, Duct, Structural Steel
Fireproofing, Cable & Wire Tray Fireproofing and Others) - Saudi Arabia
Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
The Saudi Arabia Passive Fire Protection Materials Market is segmented
based on:
Product Type
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