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The Potato Starch sector is expected to grow to $5.6 billion by 2029.

user image 2024-09-05
By: Rajul123
Posted in: Automotive and Transportation

Detailed Market Overview and Leading Companies

The Potato Starch Market is expected to reach $5.6 billion by 2029, growing at a compound annual growth rate (CAGR) of 3.9% from 2022 to 2029. The market is fueled by increasing demand for convenience foods, the expanding use of potato starch in paper manufacturing, and the rising awareness of food allergies, particularly celiac disease. Additionally, the shift towards functional foods is expected to drive market growth. However, the competition from alternative starches may impact market expansion.

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Major Companies in the Potato Starch Market

  1. Peepes S.A. (Poland)

Founded in 1960 and headquartered in Łomża, Poland, Peepes S.A. is a prominent player in the potato starch market. The company offers a diverse range of products, including potato starch, maltodextrin, and glucose syrups. Peepes S.A. operates through its Food Ingredients and Renewable Energy segments, with processing facilities in Łomża, Bronisław, and Lublin. The company serves North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

  1. Ingredion Incorporated (U.S.)

Ingredion, established in 1906 and headquartered in Chicago, U.S., is a leading global provider of starches and sweeteners. The company operates across multiple segments, including Food, Beverage, Animal Nutrition, Brewing, and Other. Ingredion’s product portfolio includes potato starches, as well as starches derived from tapioca and other sources. The company has a global presence with operations in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

  1. Emsland Group (Germany)

Emsland Group, founded in 1928 and based in Emlichheim, Germany, specializes in plant-based ingredients. Its product range includes potato starch, flakes, and granulates used in the food, building materials, and paper industries. The company operates seven manufacturing plants and serves markets in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

  1. Cargill, Incorporated (U.S.)

Founded in 1865 and headquartered in Minneapolis, U.S., Cargill operates in the food, agriculture, and industrial sectors. The company’s Food Ingredients & Bio-industrial and Agriculture Supply Chain & Energy segments offer potato-based starches, along with starches from maize, wheat, and tapioca. Cargill’s global operations span 70 countries, serving markets across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

  1. AGRANA Beteiligungs-AG (Austria)

AGRANA, founded in 1988 and headquartered in Vienna, Austria, processes agricultural commodities for various industrial applications. The company’s primary segments include Fruit, Starch, and Sugar. AGRANA operates starch production facilities in Austria and Eastern Europe, focusing on technical applications, and maintains a strong global presence with subsidiaries and a broad distribution network.

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  1. Novidon B.V. (Netherlands)

Novidon B.V., established in 2004 and headquartered in Nijmegen, Netherlands, focuses on the production of native and modified potato starches. Its products are used in a range of applications, including adhesives and food products. Novidon B.V. is part of the Duynie Group and has a significant global distribution network.

  1. HANSELAND Ltd. (Turkey)

Established in 2004 and based in Izmir, Turkey, HANSELAND processes renewable raw materials for use in food and adhesives. The company’s potato starch products cater to the food, adhesives, and paper industries. With affiliations in Malaysia and the Netherlands, HANSELAND has a robust international presence.

  1. KMC a.m.b.a. (Denmark)

KMC a.m.b.a., founded in 1933 and headquartered in Brande, Denmark, is a cooperative of Danish starch potato farmers. The company produces potato-based coatings, flakes, and starches for various applications. KMC’s products are distributed in 86 countries, supported by a comprehensive global distribution network.

  1. Südstärke GmbH (Germany)

Founded in 1916 and based in Sünching, Germany, Südstärke GmbH specializes in producing potato-based starch and protein. The company processes approximately 600,000 tons of potatoes annually and has a significant presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

  1. Roquette Frères (France)

Roquette Frères, established in 1933 and headquartered in Lestrem, France, offers specialty food ingredients and pharmaceutical excipients. The company’s potato starch products are used in bio-industrial applications and fermentation processes. Roquette Frères operates 25 plants and serves markets globally, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

To gain more insights into the market with a detailed table of content and figures, click here: https://meticulousblog.org/top-10-companies-in-potato-starch-market/

Key Questions Answered in the Report-

  • What is the current value of revenue generated by the global potato starch market?
  • At what rate is the global demand for potato starch projected to grow for the next 5-7 years?
  • What is the historical market size and growth rate for the potato starch market?
  • What are the major factors impacting the growth of this market at global and regional levels? What are the major opportunities for existing players and new entrants in the market?
  • What impact does the current COVID-19 pandemic have on the potato starch market?
  • Which nature, type, function, and application segments create major traction for the manufacturers in this market?
  • What are the key geographical trends in this market? Which regions/countries are likely to offer significant growth opportunities for the manufacturers in this market during the analysis period?
  • Who are the major players in the potato starch market? What are their specific product offerings in this market?
  • What recent developments have taken place in the potato starch market? What impact have these strategic developments created on the market?

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