Pro
Food & Beverage
Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 732.209898 USD Million |
| 2019 | 745.681217938185 USD Million |
| 2020 | 701.193024941209 USD Million |
| 2021 | 710.947634529439 USD Million |
| 2022 | 723.727462643177 USD Million |
| 2023 | 741.903497388199 USD Million |
| 2024 | 761.815889092986 USD Million |
| 2025 | 784.409786031349 USD Million |
| 2026 | 808.533132799884 USD Million |
| 2027 | 833.688518448408 USD Million |
| 2028 | 859.733258951774 USD Million |
| 2029 | 884.846279536134 USD Million |
| 2030 | 908.964227789895 USD Million |
| 2031 | 934.399795094488 USD Million |
| 2032 | 960.547126475517 USD Million |
Data Source: Wantstats Repository
Market Dynamics
The United States is a major consumer and producer of potatoes and their products, including potato starch. With the ever-increasing demand for convenience food products that contain high-quality potato starch, the market for this particular derivative of the tuber is expected to boom in the coming years. The market for potato starch in the United States is estimated to grow at a compound annual growth rate (CAGR) of 4.9% from 2018 to 2032. This growth is driven by various factors, such as the increasing demand from the food and beverage industry, health consciousness, and considerable expansion of convenience food products that contain potato starch. The use of potato starch is popular in various sectors, including processed food, pharmaceuticals, and nutrition. This surge in demand is likely to raise the domestic cultivation of potatoes, which will in turn increase the production of potato starch. Moreover, scientific advancements in producing potato starch from alternative sources, such as cassava and sunflower, will also add to the rise in demand. Demand for potato starch is expected to be particularly high from the food and beverage industry, as it has been widely used as a binder and thickener in a variety of products.
The rising demand for convenience food products containing potato starch, including baked goods, snacks, and frozen food products, will also contribute to the growth of the potato starch market in the U.S. Overall, the future of the U.S. potato starch market looks quite promising. With an estimated compound annual growth rate of 4.9%, growing demand from the food and beverage industry, and scientific advancements to produce the commodity from alternative sources, the market is expected to witness a considerable growth in the next couple of years. As demand is likely to remain solid in the near future, it is anticipated that industry participants will benefit from the increased sales of the product.
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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Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
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
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.