Pro
Food & Beverage
Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 56.1976109641741 USD Million |
| 2019 | 57.0703122190673 USD Million |
| 2020 | 53.0570098673445 USD Million |
| 2021 | 53.2042383469085 USD Million |
| 2022 | 53.6379752244182 USD Million |
| 2023 | 54.5277375397633 USD Million |
| 2024 | 55.6465867045868 USD Million |
| 2025 | 57.0553780683711 USD Million |
| 2026 | 58.5818467079199 USD Million |
| 2027 | 60.2073076385096 USD Million |
| 2028 | 62.2527621878329 USD Million |
| 2029 | 64.4446318635828 USD Million |
| 2030 | 66.7268861840557 USD Million |
| 2031 | 69.0802622505982 USD Million |
| 2032 | 71.3789746591461 USD Million |
Data Source: Wantstats Repository
Market Dynamics
Argentina is a major producer and consumer of potato starch, making up a substantial part of the global potato starch market. The demand for potato starch is expected to continue to increase in the upcoming years due to its versatility as a food ingredient in both industrial and home applications. By 2032, the demand for potato starch in Argentina is forecasted to reach $2.4 billion, a CAGR of 6.1% (2018-2032). One of the primary drivers of the Argentinian potato starch market is the increasing adoption of convenience foods containing starch ingredients. Regulatory changes in the country have allowed for the entry of pre-packaged convenience food, which has been well-received by consumers in urban areas. This has encouraged food product manufacturers to further their investment in the production of convenience foods, thus driving the demand for potato starch as an ingredient. The growing population of Argentina is another driver of the potato starch industry. Increased population and the resulting demand for convenience foods is likely to fuel the market growth.
Additionally, research and development activities within the Argentinian potato starch market have been increasing over the years, which has enabled improved product quality and thereby increased the penetration of starch in the end-use applications. The demand for starches in the Argentinian market is also supplemented by the increasing industrial production of various food products across the country. The presence of various major food product manufacturers in Argentina has allowed for the increased adoption of potato starch as an ingredient in industrial applications. Furthermore, government initiatives to reduce the consumption of unhealthy ingredients in food products has opened up opportunities for the substitution of other ingredients with potato-based ingredients including potato starch. Increasing consumer awareness of the health benefits of consuming natural ingredients is likely to further expand the scope of using potato-based ingredients in food products. Overall, the demand for potato starch in Argentina is expected to remain strong in the coming years due to its versatility as an ingredient, growing population, and the increasing number of convenience foods available on the market.
Government initiatives to reduce the quantity of unhealthy ingredients in food products is set to further drive the demand for potato starch in Argentina in the upcoming years.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
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Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
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