Potato Starch Market Size, Share, Growth Analysis, By Nature(Organic, Conventional), By End User(Textile & Paper, Food & Beverages), By Type(Native, Modified) - Industry Forecast 2024-2031

Potato Starch Market size was valued at USD 3.99 million in 2019 and is poised to grow from USD 4.1 million in 2023 to USD 2.66 million by 2031, growing at a CAGR of 2.66% in the forecast period (2024-2031).

Due to the substantial customer bases, high levels of brand loyalty, and extensive distribution networks, a select few significant businesses dominate the market. To further solidify their market positions, major players including Emsland Group, Ingredion, Inc. and Roquette are concentrating on strategic mergers, acquisitions, and alliances. For instance, To improve its position in the market, Cargill, Inc. is concentrating on making investments in the creation of novel products. One new line of label-friendly potato starches for meat substitutes was introduced by the company. 'KMC a.m.b.a.', 'Avebe U.A.', 'Emsland Group', 'Cargill, Inc.', 'Roquette Frères', 'Südstärke GmbH', 'Vimalakirti Tirtha Co., Ltd.', 'Universal Starch Chem Allied Ltd.', 'AGRANA Beteiligungs AG', 'National Starch Food Innovation', 'Henan Yuxin Bio-Tech Co., Ltd.', 'Novidon BV', 'Lyckeby Starch AB', 'Tereos Syral S.A.S.', 'SÜDZUCKER AG', 'Gansu Token International Co., Ltd.', 'AKV Langholt AMBA', 'Finnamyl Oy', 'SMS Corporation Co., Ltd.', 'Beidahuang Potato Group Co., Ltd.', 'In March 2021, for the US and Canadian markets, Ingredion Incorporated introduced the new ULTRA-TEX 1311 potato starch line. Utilizing waxy potato starch's special properties for thickening and texturizing across a range of uses is beneficial.', 'In March 2021, The longest-running campaign for processing potato starch by AGRANA Beteiligungs-AG was over. The company processed about 322,000 MT of potato starch during this campaign, which lasted 189 days.'

Due to the rising desire for safer, healthier, and natural products over the last few years, the movement of clean-label products has been more popular. Starches are growing in popularity because they adhere to the clean-label standard. In order to boost the thickness and durability of a variety of foods and beverages, starch is used as a natural ingredient. It has been demonstrated that research and innovation in potato starch perform effectively in applications including sauces, soups, and gluten-free goods. Additionally, a variety of food products use potato derivatives as plant-based binding agents to enhance sensory appeal. In the upcoming years, the market for organic starch made from potatoes is anticipated to increase due to the rising demand for organic and clean-label products.

Plant-based products are becoming more and more popular among customers as public awareness of issues relating to both environmental sustainability and animal welfare increases. Products made from plants are becoming more and more popular in the food industry. The growing potato starch market is being driven by customers' changing perceptions that items made from plants are safer and healthier than those made from animals. Leading manufacturers have been forced to innovate and create food products with a starch basis due to the increasing number of people who follow vegan and vegetarian diets. Nowadays, potatoes are widely used to create plant-based meat substitutes, supporting the expansion of the potato starch market.

Increasing demand from the food and beverage sector has given North America a commanding market dominance in potato starch. The region's market is mostly driven by the expanding popularity of clean-label and plant-based products. Consumers today are searching for indulgent yet healthy items. The second-largest market share for potato starch is held by the European Union, which is due to the region's growing interest in organic and plant-based food items. This immediately stimulates the regional organic starch market's expansion.