Vertical: CFnBBase Year: 202112 Sections
Market Size (2021)
$4.30B
Projected (2030)
$6.98B
CAGR (2020–2030)
5.4%
Key Players
10+
The global potato starch market is noticing continuous growth during the forecast period, with a CAGR of 5.65%. In 2021, USD 4,297.32 million was the overall market for potato starch and is anticipated to reach the value of USD 6,980.94 million by the forthcoming period. Potato starch is majorly being used for the production of various convenience food products such as bakery products noodles, hot dogs, sausages, and potato chips among others owing to which it is observing burgeoning demand in the food and beverage industry. Apart from that, potato starch is also being used in the paper industry, that in turn impels its demand and is projected to grow during the forecast years.
Global potato starch is bifurcated into native and modified based on product type. In 2021, modified emerged as the leading segment with a market share of 65.5% in terms of market value. However, the native segment held the remaining market share which is 34.5% in 2021.
Based on category, organic, and conventional segments are the key segments for the global potato starch market. The regular category upheld the dominant market share of 75.8% in terms of a market value of USD 3,258.25 million. The regular category is further anticipated to grow with a CAGR of 5.78% till 2030. The organic segment held a share of 24.2% in 2021 and is likely to observe a lucrative prospect, this is primarily due to the surging demand for healthy ingredients-based food products among consumers around the world.
The global potato starch market is also analyzed based on the end user and is further segmented into residential, and commercial. The residential segment held a market value of USD 1,702.09 million in 2021 and is anticipated to grow with a CAGR of 5.40% and touch the value of USD 2,722.96 million by the end of 2030. The commercial segment is projected to grow with a CAGR of 5.81% till the end of 2030 and is anticipated to grab 39.6% share of the overall potato starch market in 2030.
Food & beverage, the paper industry, and others are the major subsegments of the global potato starch market. Among these segments, Food & Beverage accounted for the dominant market share of 50.8% in 2021 and is likely to reach a value of USD 3,642.83 million by the end of 2030 with a growth rate of 5.94%. Moreover, the paper industry held the position at second position with a market value of USD 1,528.68 million in 2021 and is further projected to grow with a CAGR of 5.65% during the forthcoming years. textile industry, pharmaceutical industry, bioplastics, detergent, and animal feed are considered for the analysis of other segments based on application and the segment is likely to grow with a moderate growth rate of 4.49% during the forecast years.
Based on the distribution channel the global potato starch market is further categorized into B2B and B2C, among which B2B emerged as the market leader with a global value of USD 2,697.80 million in 2021 and is likely to grow with a CAGR of 6.01% during the estimated years. The B2C segment held a share of 37.2% in 2021 and is anticipated to have a growth prospect during the forthcoming period.
Regionally, the global potato starch market is segmented into North America, Europe, Asia Pacific, and the rest of the world. In terms of market value, North America accounted for a share of 18.8% in 2021, and Europe emerged as the major market for potato starch with a value share of 44.6% in 2021.The rest of the world's potato starch market is likely to observe a noticeable growth in the potato starch market, this is mainly due to increasing demand from several countries in the Middle East, Africa, and South America.
The increasing application of potato starch in the food and beverage industry coupled with a wider range of usage of potato starch in the production of paper are the major growth factors that are skyrocketing the demand for potato starch. Moreover, the surging demand for snacks & savory products is also considered the major growth propeller for the potato starch market. Moreover, the manufacturers operating in the potato starch market are continuously focusing on the development of quality, and innovative products with various labels such as natural, organic, and GMO-free among others. These are the major factors owing to which the market is foreseeing lucrative opportunities and is likely to observe noticeable growth during the projected years. However, the availability of various substitutes such as corn starch, sweet rice flour, and tapioca starch among others may hamper the growth of the potato starch market.
The Potato Starch Market market is projected to grow at a CAGR of 5.4% from 2020 to 2030.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSubscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansPotato starch is one of the sources of carbohydrates extracted from the roots and stems of potatoes. Potato starch is odorless, tasteless, and a soft powder that is enriched with fats and proteins. It helps in the absorption of various minerals such as magnesium and calcium. Moreover, it also aids in the regulation of blood glucose levels and decreases the absorption of various carcinogenic and toxic compounds in the blood. Apart from that, potato starch is also used as a base for the preparation of various food products without hampering their taste. In addition, potato starch is also being used as a thickening, stabilizing, and gluing agent owing to which it is observing extensive applications in the food and beverage industry for the production of various products such as bakery products, jellies, pasta, puddings, meat products, and soup. Apart from a diverse range of applications in the food and beverage industry, potato starch is also observing a wider range of applications in the paper, pharmaceuticals, and textile industries that in turn create lucrative prospects for the potato starch market and is likely to grow over the upcoming years.
These days, the ongoing trend associated with potato starch such as increasing demand for RTE (Ready to Eat) products, and convenience food products among the surging working population is positively impacting the growth of the potato starch market. Furthermore, the surge in disposable income and shift in the preferences of consumers preferences towards the procurement, and consumption of organic and natural snacks owing to the surging healthy snacking trend among the population is also powering the demand for potato starches in the food processing industry across the globe. The adhesive property associated with potato starch is driving the demand in the paper industry to increase the adhesiveness of fine fibers. In addition, it also improves and smooths the mechanical properties of paper, that in turn bolsters the growth of the potato starch market.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSubscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSubscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansThis report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.
Base Year
2021
Historical Period
2020 – 2020
Forecast Period
2022 – 2030
Primary Interviews
150+
Historical data (2020–2021) and forecast period (2021–2030)
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansThe potato starch market is projected to register a CAGR of 5.65% during the review period. The key factors driving the growth of the potato starch market are the growing paper industry coupled with the wide usage of potato starch in it as well as the booming food and beverage industry. However, the availability of a wide range of alternatives to potato starch is expected to restrict the market's growth during the forecast period. Furthermore, growing expansion policies adopted by key players are anticipated to create growth opportunities for the market till the review period. The global potato starch market is highly competitive, with key industry players adopting various strategies such as expansions, acquisitions, and product launches to strengthen their market positions. Most companies in the market focus on expanding operations across regions, augmenting their capabilities, and building strong partnerships.
The growth of market players is dependent on market conditions, government support, and industry development.
The key players operating in the potato starch market include Cargill Incorporated (US), Ingredion Incorporated (US), AGRANA Beteiligungs-AG (Austria), Tereos (France), Tate & Lyle (UK), Roquette Frères (France), Südstärke GmbH (Germany), Emsland Group (Germany), Royal Ingredients Group (Netherland), and Finnamyl (Finland) dominates the market due to brand reputation, product differentiation, financial stability, and strong distribution network. The players are focused on lowering their environmental footprint and investing in research and development along with strategic growth initiatives such as acquisitions and product launches to strengthen their market position and capture a large consumer base.
The benchmarking is done by assessing the product breadth & price range offered; operating locations globally; strategic partnerships, collaborations, and M&A carried out by the company in the sector; and product and based on the years of experience in the industry.
Bargaining Power of Suppliers
The raw material in the global potato starch market includes potato. The presence of large number of suppliers across the globe tends to lower the bargaining power of suppliers in the global potato starch market. For example, Ingredion is a leading provider of ingredients solutions. The company manufactures sweeteners, starches, nutrition components, and biomaterials that consumers use in everyday items like paper, pharmaceuticals, and food and beverage products. The company transforms grains, fruits, vegetables, and other plant resources into ingredients that make tissues softer and stronger, yoghurt creamy, lotions and creams smooth, crackers crunchy, and confectionery delicious. With basic ingredients and gluten-free or high-fiber foods that appeal to modern consumers, it helps consumers stay on trend. Moreover, market players enter into partnerships and agreements with raw materials producers and suppliers to ensure a continuous, uninterrupted supply. For instance, in February 2020, at the beginning of the 9th Starch World ASIA in Bangkok, Larsson and Wafilin Systems entered a partnership. The two family-owned companies are experts in creating custom processing solutions for plant-based proteins for the worldwide starch market. Through this partnership, customers can turn raw resources into useful (food) products, achieve their business goals, and get a competitive advantage.
Hence, the bargaining power of suppliers in the global potato starch market is expected to be low.
Bargaining Power of Buyers
The presence of numerous established potato starch manufacturers operating in the region increases availability and increases the switching costs for buyers. For instance, Agrana Beteilgungs AG is a leading provider of agricultural raw materials such as fruit, starch and sugar segments manufacturing high-quality foods as well as intermediate products for the downstream food industry as well as the non-food application. The company usually has three business segments namely fruit, starch, and sugar. Furthermore, the company starch segment is usually considered as its core strength. The company possess three starch factories namely in Austria, Hungary, and Romania. For the partners in numerous downstream processing sectors, maize is processed at the AGRANA starch mill in Aschach to create premium products. Having relationships with the upstream suppliers is similarly crucial. The company depend on long-term supply relationships and contract growing agreements. The number of buyers in the global market is high and diversified, due to which manufacturers provide products with differentiated and innovative features.
Hence, the bargaining power of buyers in the global Potato starch market is expected to be high.
Threat Of New Entrants
Moderate capital investments required to produce potato starch with various innovations favor the entry of new players into the global potato starch market. However, the presence of established players in the market acts as a challenge for new entrants to establish their brands. For instance, Roquette is a world leader in terms of plant-based components, plant proteins, and pharmaceutical excipients. By utilizing the power of nature to provide the best components for the food, nutrition, and health markets, the company addresses present and future societal concerns in partnership with its clients and partners. Furthermore, stringent government regulations related to potato starch may also exert an entry barrier. Thus, the threat to new entrants in the global potato starch market is expected to be moderate during the forecast period.
Hence, the threat of new entrants in the global potato starch market is expected to be moderate.
Threat Of Substitutes
There are a range of substitutes for potato starch such as cornstarch, tapioca starch, mochiko flour, wheat flour, coconut flour and many more. Corn starch is a white, flavorless, and odorless powder used in the creation of industrial adhesives, papermaking, food processing, and various cosmetic and oral medicinal items. It has served as a lubricant in surgical gloves.
Tapioca starch, commonly referred to as tapioca flour, is a starchy white flour with a faintly sweet flavor. Tapioca flour, a substitute for common wheat flour, has a variety of baking uses. The starch from the South Indian cassava plant is used to make the flour. When the roots are finished growing, they are harvested and detoxified. Then, after repeatedly washing, pulping, and separating the liquid from the mixture, the starch is extracted from the root. Tapioca flour improves the texture of baked goods and helps gluten-free recipes hold together. Tapioca helps give baked goods a chewy texture and a crisp crust. Due to its smooth texture and lack of flavor or aroma, tapioca flour is a good thickening agent for sauces, pies, and soups. Corn starch can also be substituted with it. Thus, the threat of substitutes in the global potato starch market is expected to be high during the forecast period.
Hence, the threat of substitutes in the global potato starch market is expected to be high.
Intensity Of Rivalry
A high intensity of rivalry marks the global potato starch market due to the presence of numerous local and global manufacturers. The established players in the market are targeting competitors in terms of quality, price, and product differentiation, thus making the industry competitive and reducing profit potential for the existing firms. The key players invest in product development by introducing various potato starch to bring about innovation in their product lines and meet changing consumer preferences. For example, in January 2020, Agrane, which is increasing its distribution activities in its starch section has acquired the US distribution business Marroquin Organic International Inc., based in Santa Cruz (California). With over USD 20 Million in annual revenue, Marroquin Organic has 29 years of experience delivering organic and non-GMO ingredients. Agra Stärke-GmbH's longtime distribution partner is Marroquin Organic International.
Hence, the intensity of rivalry in the global potato starch market is expected to be high.
Market estimates by geography (2030)
InsightEurope leads with $3.26B by 2030.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription Plans| REGION | 2020 | 2021 | 2030 | CAGR | SHARE |
|---|---|---|---|---|---|
| North America | $778.83M | $974.86M | $1.24B | 4.8% | 18% |
| Europe | $1.82B | $2.39B | $3.26B | 6.0% | 47% |
| Asia Pacific | $1.28B | $1.62B | $2.13B | 5.2% | 31% |
| Rest of the World | $227.06M | $283.15M | $351.67M | 4.5% | 5% |
| Total | $4.11B | $5.27B | $6.98B | 5.4% | 100% |
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansTotal Market Size
$6.98B
| APPLICATION | REVENUE ($B) | GROWTH RATE | MARKET PENETRATION |
|---|---|---|---|
| Modified | $4.69B | 5.8% | 67% |
| Native | $2.29B | 4.8% | 33% |
* Revenue projections based on 2025 estimates. Growth rates represent CAGR 2024–2030. Market penetration indicates current adoption rate within addressable market segments.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSee plans for professionals or small and medium businesses.
Analytical insights on Potato Starch Market covering market dynamics, competitive landscape, and strategic outlook.
The Potato Starch Market market is projected to reach $6.98B by 2030, growing at 5.4% CAGR. The Modified segment holds the largest share.
The global potato starch market is projected to witness significant growth during the forecast period, exhibiting a CAGR of 5.65% during the forecast period. The key factors driving the growth of the potato starch market are the growing paper industry coupled with the wide usage of potato starch in it as well as the booming food and beverage industry. However, the availability of a wide range of alternatives to potato starch is expected to restrict the market's growth during the forecast period. Furthermore, growing expansion policies adopted by key players are anticipated to create growth opportunities for the market.
The growing paper industry coupled with the wide usage of potato starch in it is set to boost its market growth. For example, native and cationic important ingredients in the manufacture of paper and board are potato starches. The wet end, the size press, or the coating operation are the three stages of the industrial process where starches can be employed. Since potato starch has the maximum whiteness of any starch, it is particularly suitable for use in office paper. In addition, due to its low gelling temperature and high gelling strength, potato starch is utilised as an adhesive in the corrugated board industry. In addition to its use in paper and board, potato starch is also utilised in a variety of other products, including bioplastics, textiles, gypsum board, oil drilling, and many more.
Furthermore, the increasing government investment to strengthen the paper sector is set to positively influence its market growth. For example, Senator Peter Cook, Minister of Industry, Science, and Technology, and Minister of Resources David Beddall unveiled the Federal Government's four-year strategy to advance the wood and paper industry while preserving forests for future generations. A USD 38 million package for industry development is part of the strategy. It acknowledges that this sector of the economy is undergoing change and is preparing for increased value addition and increased productivity. A USD 107 million structural adjustment aid program for businesses and employees complements the strategy. The creation of Regional Forest Agreements (RFAs), which will give the industry more resource certainty, has already cost an additional USD 53 million. This is at a time when the sector is thinking about spending between USD 4 billion and USD 6 billion, and it anticipates a possible increase in new positions of between 15,000 and 25,000 over the next 10 years. The strategy, which builds on the RFAs, establishes a stable policy environment that allows the industry to plan and invest with the least amount of risk and the most amount of assurance. Substantial public feedback and consultations with the business community, environmental groups, unions, and community organizations. Hence, the growing paper industry would increase the usage of potato starch which in turn would boost its market growth in the upcoming years.
The potato starch market is almost fragmented with the presence of established players, who compete against each other intensely to secure a larger customer base. Furthermore, various expansion policies adopted by key players are gaining traction in the field of the potato starch market. In the last few years, the potato starch market has witnessed quite a few expansion policies which assist in driving the market growth. For instance, in October 2022, AKV Langholt AmbA, a Danish farmer-owned cooperative, acquired over Cargill's 50% ownership position in its joint venture, Cargill-AKV I/S. The joint venture was created in 1987 with the intention of producing and selling cationic potato starches for the global paper industry. 2018 saw the addition of a working clean-label starch mill to the company's activities. With the acquisition, AKV has increased the number of products it offers, adding 90,000 tonnes of native and modified potato starches as well as proteins and starches from the potato for the feed and pet food businesses. Furthermore, in June 2020, The Emsland Group, the largest potato starch manufacturer in Germany, entered a partnership with Just in America.
Just uses state-of-the-art science and technology to produce foods that are healthier and more sustainable, such as the plant-based product sold as Just Egg in the US. The wide activities of the Emsland Group are the ideal match for the strategy. In total, across its seven facilities in Germany, Emsland Group processes more than two million tons of these crops annually. Proteins and fibres are equally important, in addition to starches and starch derivatives, as well as potato flakes and granules. Peas and potatoes serve as the foundation. The processing of mung bean protein is the primary objective of the collaboration with Just. The primary component of Just Egg is protein, which will help to ensure that the company has a dependable, effective, and scalable production infrastructure. The Emsland Group views the partnership with Just as a promising relationship that will help it diversify its product offerings and open new avenues for sales in the food sector. Thus, the constant expansion policies taking place in the potato starch industry among the giants across the globe have created lucrative opportunities for players in the global potato starch market.
The availability of a wide range of alternatives of potato starch such as cornstarch, tapioca starch, mochiko flour, wheat flour, coconut flour and many more may serve as a restraint for its market growth in the upcoming years. For example, a carbohydrate obtained from the corn endosperm is known as corn flour. This white powder has a variety of functions in industry, the home, and the kitchen. It was created in New Jersey in 1844, and today it is manufactured there as well as in China, Brazil, India, and other nations that cultivate maize. Most of the time, corn flour is used in the kitchen to thicken marinades, sauces, gravies, glazes, soups, casseroles, pies, and other desserts. It appears in food preparation all throughout the world, with North America and Asia dominating its production and consumption.
Tapioca starch, commonly referred to as tapioca flour, is a tuberous root vegetable that is indigenous to South America. Cassava starch, also known as tapioca flour, is derived from the root of this plant. The cassava root is washed, made into a pulpy paste, and then squeezed to release the juice. Tapioca flour is the extra-fine, white powder that is left over after the liquid evaporates and is made entirely of pure starch. A neutral-tasting flour that is also naturally gluten- and vegan-free is tapioca starch. As a result, it serves as a suitable replacement and gluten-free alternative to many other flours. It's a frequent component in gluten-free flour blends, which commonly incorporate brown rice flour, xanthan gum, rice flour, potato starch and corn flour.
Mochiko Flour is a kind of flour produced from mochi rice, a short-grained sticky rice that is popular in Asia. It provides a strong binding that can resist freezing and refrigeration temperatures without separating and is frequently used to thicken sauces and food mixtures. It is frequently used to bread things before frying them and to make traditional delicacies that call for flour, like baked goods and desserts or the rice dumplings known as Japanese mochi. Sweet glutinous rice flour, sweet rice flour, and mochi flour are further names for mochiko flour.
Wheat flour is usually a powder made by grinding wheat, making it suitable for human consumption. The amount of gluten, color, sections of the grain used, and variety of wheat are used to categorize the many forms of wheat flour. Most baked items, including bread, cakes, and cookies, must contain wheat flour. Moreover, the growing consumption of wheat flour across various regions may hamper its market growth. For example, according to Wantstats analysis, China, the European Union, and India were the top three wheat consumers in the world during the 2021–2022 marketing year. That year, China consumed close to 150 million metric tons of wheat. The world's consumption of wheat is progressively rising, at about 7% since 2018/2019.
Coconut flour is a gluten-free flour substitute that is created by powdering dried coconut. It can either be blended with other gluten-free flours to create a gluten-free flour blend or used to replace some of the wheat flour in a recipe. Hence, the presence of a wide range of substitutes for potato starch may serve as a restraining factor for its market growth in the upcoming years.
The side effects associated with the excess consumption of potato starch may serve as a challenge for its market growth in the upcoming years. For instance, consumers may experience temporary changes to the digestive system when they consume resistant starch recipes that contain potato starch, such as bloating and gas.
This is since gas-producing bacteria in consumers large intestine ferment potato starch. However, this depends on the type of resistant starch and the amount consumed. Adding significant amounts of any meal high in resistant starch may cause digestive problems. As they are thought to be low in specific kinds of carbohydrates known as FODMAPs, resistant starches from sources including potato, corn, and tapioca are thought to be less likely to induce digestive adverse effects than other types of fibre.Particularly if consumers consume them in significant quantities, foods and supplements high in FODMAPs may produce digestive symptoms like bloating, gas, and diarrhoea.However, there is always a potential that some people may experience digestive adverse effects from potato starch, which is why it is typically advised to gradually increase dose over time.
According to the National Institute of Diabetes and Digestive and Kidney Diseases, in the digestive tract, everyone has gas, and many individuals struggle with the symptoms of gas. For instance, research indicates that 16% to 31% of adults report having bloating, or an abdominal feeling of swelling or fullness. About 20% of participants in a big U.S. survey stated they had bloating in the previous week. Some individuals are more susceptible to experiencing issues with gas symptoms if they suffer from certain medical disorders. More gas symptoms may also occur in those who swallow more air or consume more particular meals. Hence, the side effects associated with the excess consumption of potato starch may serve as a challenge for its market growth.
The onset of COVID-19 has resulted in a global crisis. The pandemic, which is impacting numerous countries worldwide, has already influenced the world economy and is expected to produce turmoil and global catastrophe. People's lives have been entirely turned upside down by the COVID-19 outbreak, owing to its growing cases every day. Different industries are affected by COVID-19 differently. Every area of the economy experienced growth after the pandemic. The commodity market has been impacted by this pandemic in many ways. However, various initiatives were taken by the government bodies in various regions worldwide to recover the region from post-pandemic. For instance, in May 2020, The US government invested USD 2.2 trillion in an economic rescue package for US companies, notably the automotive industry, which was most negatively impacted by the pandemic. A few impacts of the outbreak on the potato starch market have been discussed below.
The COVID-19 outbreak has influenced the whole production process, from the procurement of raw materials to production, packaging, and distribution. The whole production process for the potato starch sector has suffered because of the outbreak. Providing potato starch to various manufacturers has been delayed because of lockdown restrictions make it more difficult to transfer the raw materials required to create them. Both domestic and international companies provide the basic materials used to make potato starch. Due to the necessity of sealing international borders, low quantities of these potato starch were being produced. Delivering manufacturing units to stores has become more challenging for distributors due to lockdown restrictions. Even though there is a huge demand for potato starch worldwide, the sectors are all experiencing major shortages.
The COVID issue has had a significant impact on the HORECA sector and its providing businesses, with potato storage swiftly filling up as processing demand fell. Due to the COVID pandemic, large number people started eating at home, unlike the restaurant food which has impacted the demand for potato-starches. Recent study observed a decline in volume from wholesalers who sell directly to restaurants as well as from manufacturers who supply restaurants, such as producers of spice blends. Due to consumer demand for extra supplies in case of quarantine, sales of convenience goods like soup mixes have been quite robust. According to Fiona Barnett, business development manager for Food Starch Europe at Cargill, a fall in industrial output also resulted in a decline in the need for starch for packaging. Contrary to popular belief, starch factories were unable to significantly ease that pressure, leaving farmers and shop owners with a significant surplus of potatoes that they were unable to sell when the processing demand fell.
When COVID-19 was originally discovered in March 2020, numerous nations decided to restrict international travel. Therefore, most of the populace was urged to remain inside and conduct business from home. Due to several factors, the sales of potato starch demand have become stable.
The biggest factor influencing the shifting demand for food is changing consumer behavior. A strong desire for ingredients that are easy to read on labels, rising interest in plant-based foods, and an increasingly active lifestyle encourage innovation, which in turn increases the demand for potato starch. For instance, according to a recent study, the demand for plant-based foods has grown 278 percent since the onset of covid-19. Sales of alternatives are currently being driven by two factors: a shortage of meat and dairy products and a rising understanding of the harm that animal agriculture causes to the environment. The food supply chain is having issues because of the coronavirus outbreak. There were shortages of beef and pork at supermarkets across the nation because of the Covid-19 outbreaks among workers that caused the closure of various meat processing factories.
With lockdown restrictions of many retail stores across the globe, many manufacturers of potato starch are expected to move into the online/e-commerce channels. E-commerce channels are proving to be a life saver during these tough times. Individuals are also well accepting this move as they feel safe instead of going out to retail stores to buy potato starch and increase the chances of getting infected from coronavirus. This is evident from the fact that many e-commerce channels have witnessed triple-digit growth rates in sales of various food products. For instance, according to the EIT Food study on COVID-19 effect analysis, online food purchases increased by 54% in the UK during the pandemic and by a similar amount in other nations such as Poland, Sweden, Romania, Italy, etc. Thus, the trend of online purchases of potato starch is expected to continue the trend in the upcoming years and the market players are expected to increase their investments in e-commerce sales channels to capitalize on increasing demand. Hence, under the current scenario, potato starch manufacturers are expected to have lucrative growth opportunities. Individuals across the globe are also anticipated to perceive online channels to be a safer mode for purchasing potato starch for personal use. This is expected to create a long-lasting opportunity for online channels to increase their share of sales in the coming years.
The prices of potato starch have been stable for the last few years. Although the outbreak has impacted potato starch prices, the prices are expected to spike post-lockdown owing to the disruptions in logistic activities. The manufacturers are expected to increase potato starch prices due to the increased operational and raw material costs and to make up for the losses caused due to the outbreak. Also, they might not provide any discounts and offers on potato starch to stabilize the profit margins.
As compared to before the COVID-19 lockdown, the prices of perishable goods including potatoes and tomatoes as well as edible oils rose noticeably in India, according to Narayanan and Saha. Similar findings were made by Imai, Kaicker, and Gaiha, who discovered that the cost of rice, onions, potatoes, and tomatoes rose during the lockdown in three Indian states (Maharashtra, Jharkhand, and Meghalaya)
There were no shortages or delays in the first quarter of 2020 that would have had an impact on client shipments or sales. However, the period also witnessed a broad number of governmental and commercial impacts, including business slowdowns or shutdowns and significant travel restrictions. These events led to a significant decline in both regional economic activity and financial market valuations. As a result, the company's manufacturing potato starch across the globe has not only witnessed operational disruption but also adversely impacted customer demand across the country. However, owing to covid-19 pandemic, people become more inclined towards natural products owing to the various benefits associated with it.
Profiles of 105 companies operating in the Potato Starch Market market, including revenue, employee count, and market positioning where available.
Showing 105 of 105 companies
Company Headquarters: Vienna, Austria Founded: 1988 Workforce: 8,375 Company Working: AGRANA Beteiligungs-AG (Agrana Beteiligungs) is one of the leading manufacturers of organic sugar and starch products in the European region. The company is also involved in the global sales of fruit-based products. It has production sites located in more than 55 sites across 25 countries comprising 5 plants in North America, 2 plants in South America, 4 plants in Africa, 6 plants in Asia, and the rest of the production facilities located in the European region. Production of starch-based products & saccharification products including glucose syrups is carried out in the production sites situated in European Countries. The fruit segment caters to the fruit preparations and juice concentrates ingredients used in the manufacturing of baked goods, frozen desserts, dairy, and other food service units. The starch segment comprises various starch products derived from potatoes, corn, and wheat. The segment serves a varied range of industries including food & beverage, cosmetics, textile, paper, and building materials. Saccharification products including glucose syrups and solids accounted for a share of 13% in the stretch segmental revenue. The sugar segment comprises sugar and sugar-based specialty products including molasses, beet pulp, etc.
Company Headquarters: Finland Founded: 1999 Workforce: ~25 Company Working: Finnamyl is a manufacturer and markets the products from starch potatoes. The company also has its subsidiary Lapuan Peruna Oy, and the company offers products such as Potato Starch, Food Grade Potato Protein, Organic Potato Starch, and more. The raw material used for various application are the potato starch, protein, potato feed, and soil food boost NPKs. These company serves bakery, food and beverages, and various other industries.
Company Headquarters: Netherlands Founded: 2007 Workforce: ~25 Company Working: Royal Ingredients Group is a global based supplier of raw materials for food and non-food industrial applications. The company markets various products such as starches, sweeteners, proteins, and fibers under the brand name Royal Lion. The company also serves various application like food & beverages, animal nutrition, paper & board, pharmaceutical, textile, oil drilling, yeast filtration, biodegradable packaging, and gypsum board. The company has its sales offices across USA, China, India, Nigeria, and Mexico. The company does market and distribution of raw materials for industrial, food and feed applications. The company is also holding various certifications, ISO9001-2015 for quality assurance, ISO22000:2018 for management system, certificate for quality control, and many more.
Company Headquarters: Niedersachsen, Germany Founded: 1966 Workforce: ~1350 Company Working: Emsland Group is a manufacturer of plant-based products for the processing industry. The company offers broad range of products in the dried potato product segment of the food retail sector under the brand name Mecklenburger Kuche. The company also provides customized products solutions for their clients and consumers for various application such as construction, textile, adhesives, flocking agents, and so on. The company has its sales activity in more than 120 countries, along with the company also have seven production plants in Germany. The company has three business solution food, technical specialties, and animal nutrition. The company is holding various certifications like IFS certification, FSSC certification, environmental certification, energy certificate, and many more.
Company Headquarters: Germany Founded: 1956 Workforce: ~260 Company Working: Südstärke GmbH (Südstärke) is a manufacture of functional clean label starch, native starch, modified starch, potato protein, organic potato flakes, clean label potato flakes. The company processes about 600.00 tons of potatoes yearly in its two different production facilities that is Schrobenhausen and Sünching. The company’s potato starch is used in various application those are food production, paper manufacturing, feed, textiles, chemicals, and many more. The company increase the efficiency and production, and decrease the consumption of energy and water, reduce the environmental impact, and become more sustainable. The company had also achieved various certifications few of them are DIN EN ISO 9001:2015, DIN EN ISO 9001:2015, DIN EN ISO 14001:2015, IFS Food certification, and many more.
Company Headquarters: Lestrem, France Founded: 1933 Workforce: ~8,360 Company Working: Roquette Frères is a family-owned business, with leadership in plant-based ingredients across the globe. The company has got expertise in plant-based proteins and is also a foremost provider of excipients for pharmaceutical products. Roquette Frères currently runs its business in more than 100 nations, across the globe, and has a skilled workforce who works continuously to achieve the goals and missions of the company. The company focused its business on “Life and nature”. The raw materials offered by the company are sourced naturally. The company has a diversified range of plant protein portfolio; it offers various solutions for the pharmaceutical industry that has a major role in bio-medical treatments. Moreover, the company also develops novel ingredients for the food, health, and nutrition industry. Roquette Frères reveals the ability of nature to enhance, save lives, and cure individuals. The company produces wheat starch and gluten in Lithuania, it also offers starches from various raw materials such as maize, potatoes, waxy maize, peas, and tapioca, along with wheat glucose syrups food and beverage industry. Moreover, the protein-enriched products obtained during the production process have diversified applications in animal feed. The company has a presence in North America, Europe, and Asia-Oceania.
20 interactive charts drawn from the Potato Starch Market dataset — market size, regional splits and each segment breakdown. Open one to read its full data table and download it.
Global Potato Starch Market By Distribution Channel
Global Potato Starch Market By Application
Global Potato Starch Market By End User
Global Potato Starch Market By Category
Global Potato Starch Market By Product Type
Global Potato Starch Market South America, Middle-East and Africa Of Rest Of The World
Powering the world's best teams.
From next-gen startups to established enterprises.
Trusted by forward-thinking businesses
for data-driven intelligence
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
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.
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.
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!
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.
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.
Historical performance and future projections (2020–2030, USD Billion)
Market Size (USD Mn)
