Article published by : Infinium Global Research on Wednesday, January 08, 2020

Category : Food & Beverage

Global Potato Starch Market : Professional Market Research Report and Forecasts 2018-2024

The report on Potato Starch Market by Infinium Global Research analyzes the potato starch market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global potato starch market. It will help a lot of decision makers to develop strategies and find new opportunities in the global potato starch market.

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Cargill Invested In Potato Starch Production in Denmark

February 2018, AKV Langholt AmbA, a cooperative owned by 160 potato growers in Denmark, produces potato starch and potato protein as well as by-products. Cargill and AKV Langholt AmbA, its Danish potato starch partner, would invest in a new potato starch production unit at the Langholt facility in Denmark. The potato starches produced there will expand Cargill’s SimPure portfolio of functional native starches. Minneapolis, Minnesota, U.S.-based Cargill launched the SimPure brand, which are starches that helped deliver simple ingredient labels and provide process tolerance, shelf life and storage stability, according to the company.

Use of Potato Starch in Textile Industries to Promote Growth in the Potato Starch Market

Increasing the consumption of convenience food across the world is likely to drive the growth of the potato starch market. Furthermore, increasing the purchasing power of consumers in several developing countries and succeeding growth in the consumption of potato starch is also fuelling the market growth. Additionally, growing the usage of potato starch in the chemical industry for its adhesive properties and in the pharmaceutical industry to produce anti-biotic drives the growth of potato starch market.

Moreover, the use of potato starch in the textile industry for stiffens and finished fabrics and in the paper industry is some of the key factors boosting the demand for the potato starch market. Besides, a major challenge for the potato starch market is fluctuations in the price of agricultural products due to distortion in the climate which affects the yields due to uneven rainfall patterns. The decrease in rainfall also affects cultivation that results in the difference in input and output prices. This factor hampers the growth of the potato starch market.

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Europe to Dominate the Global Potato Starch Market over the Forecast Period

 Europe dominates the potato starch market followed by the North America and Asia Pacific region. In the Europe region, favourable government legislation with increasing number of pharmaceutical companies and increasing health concerns drives the market growth. While in North America region growth is attributed due to the increasing usage of potato starch as thickening property, good taste & texture and in non-food products for binding & texturing is anticipated to propel the demand for potato starch market.

Key Industry Players in Potato Starch Market Studied in Report Are:

The report provides profiles of the companies in the global potato starch market such as Cargill, Incorporated, SÜDSTÄRKE GMBH, PEPEES Group, Novidon, Emsland Group, AGRANA Beteiligungs-AG, Avebe, Ingredion, AKV Langholt, and Finnamyl Ltd.

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