Asia Pacific Potato Starch Market was worth USD xx billion in 2022 and is estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2027.
Starch is a carbohydrate that serves as an energy source to most plants. Some potato pulp and juices are left as by-products while extracting potato starch from potatoes. Due to its functional properties, potato starch is widely used in food and beverage industries. Potato contains two types of starch namely, amylose and amylopectin. Amylopectin is the most commonly found and is a major component in food and industrial products.The widespread application of potato starch in various food products is driving the market. Due to the rise in disposable income in various countries, consumers are now buying various food and beverage products which in turn fuels the market. Potato starch is flavorless and hence can be used in various food products without disturbing the taste of the product. It is also being increasingly used in gluten-free products. It also serves as a thickener, water binder, and bulking agent. Potato starch also serves as a substitute for corn starch, rice starch, and tapioca starch. A major restraint to market growth is the consumer’s rising resentment towards GM crops.
The market for Potato Starch is broadly categorized into
type
application
By type, the market is segmented into
GMO
non-GMO
By application, the market is classified into
food
industrial
The food segment is further divided into
dairy
confectionery
soups
sauces
bakery products
meat
It is expected that the dairy, bakery and met segments are to perform well in the coming years. The industrial segment is further divided into paper, adhesive, textile and others.
China
India
Japan
Australia
South Korea
Asia Pacific and Latin America are to witness significant growth. From a production point, Asia and Europe dominate the market.
Avebe
Agrana Starke GmbH
AKV Langholt AmbA
Changhong Potato Starch Co., Ltd.
Emsland Group
Finnamyl Oy
Manitoba Starch Products
Ingredion Incorporated
Cargill Incorporated
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