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Latin America Potato Starch Market Research Report – Segmented By Type (GMO And Non-GMO) , Application ( Food, Industrial And Others) And Region(Brazil, Argentina, Chile And Rest Of Latin America) - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 To 2029.

Published: March, 2023
ID: 6548
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Potato Starch Market Size (2024 To 2029)

Latin America Potato Starch Market was worth USD 0.35 billion in 2024 and is estimated to be growing at a CAGR of 4.89%, to reach USD 0.44 billion by 2029.

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 flavourless 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. The consumer’s rising resentment towards GM crops is a major restraint to market growth.

Latin America Potato Starch Market - By type:

  • GMO 
  • non-GMO

Latin America Potato Starch Market - By Application:

  • food
  • industrial

Latin America Potato Starch Market - By Food:

  • dairy
  • confectionery
  • soups 
  • sauces
  • bakery products

 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.

Latin America Potato Starch Market – By Region:

  • Argentina
  • Brazil
  • Mexico 

KEY MARKET PLAYERS

Key market players of Latin America Potato Starch Market are Avebe, Agrana Staerke GmbH, AKV Langholt AmbA, Changhong Potato Starch Co., Ltd, Emsland Group, Finnamyl Oy, Manitoba Starch Products, Ingredion Incorporated, Cargill Incorporated

 

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FAQ's

1.What is potato starch, and how is it different from other starches?

Potato starch is a fine white powder extracted from potatoes, primarily composed of carbohydrates. Unlike corn or wheat starch, potato starch is gluten-free, making it suitable for individuals with gluten intolerance or celiac disease.

2.What are the primary uses of potato starch in Latin America?

Potato starch is widely used as a thickening, binding, and stabilizing agent in various food and industrial applications. In Latin America, it is commonly found in processed foods, pharmaceuticals, textiles, and paper products.

3.Which Latin American countries are major producers of potato starch?

Peru, Colombia, Argentina, and Brazil are among the major potato-producing countries in Latin America. These countries also have a significant presence in the potato starch market, with local manufacturers meeting domestic demand and exporting to other regions.

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