Europe Potato Starch Market Size, Share & Industry Trends Analysis Report By End User, By Type (Modified and Native), By Nature (Conventional and Organic), By Country and Growth Forecast, 2021 - 2027
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Market Report Description
The Europe Potato Starch Market would witness market growth of 3.1% CAGR during the forecast period (2021-2027).
Potato starch and cornstarch share a large number of similarities when it comes to the thickening agent. When Potato starch is mixed with hot water, it forms an opaque solution which later gets thickens, to form a gel that does not have clumps and tends to be clearer and neutral in taste. Additionally, as compared to corn starch, potato starch has some advantages as it readily combines with water and has high water binding capacity which helps in dissolving the starch easily.
Starch is one of the essential needs in the hotel industry. Starch is used in many recipes such as noodles, hot dog sausages, instant soup, bakery cream, potato chips, gluten-free recipes used in kosher food and Asian cuisine. In the bakery, potato starch is used to keep the cake moist for its soft texture. It also helps to reduce binding and sweating in the production of pre-packed grated cheese.
The potato market took a while to get adopted by the European Farmers, soon it became one of the most important field crops and food staples. Potato played a crucial role in the European population boom in the 19th century. In the Friuli region of northeast Italy, potatoes are used to make a pasta called gnocchi. In most regions for the production of petrochemical bags, based on oil and natural gas is produced by the European maize and the potato starch combined with co-polyester to a large extent from fossil fuels.
According to the UK government guidelines, carbohydrates intake should be maintained at an average of 50% of total energy intake, supported by the meta-analysis that indicates the optimal intake of carbohydrates should be up to 50-55%. Potato starch consumes the perfect amount of carbohydrates in the daily diet.
The Germany market dominated the Europe Potato Starch Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $637.6 million by 2027. The UK market is poised to grow at a CAGR of 2.2% during (2021 - 2027). Additionally, The France market would experience a CAGR of 3.8% during (2021 - 2027).
Based on End User, the market is segmented into Food & Beverages (Bakery & Confectionery, Beverages, and Processed Food & Others), Industrial (Paper Industry, Pharma, Cosmetics, Biodegradable Plastics, and Others), and Feed. Based on Type, the market is segmented into Modified and Native. Based on Nature, the market is segmented into Conventional and Organic. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Potato Starch Market Size will Hit $4.9 Billion by 2027, at a CAGR of 3.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ingredion, Incorporated, Tate & Lyle PLC, AGRANA Beteiligungs-AG, Royal Ingredients Group B.V., Royal Avebe U.A., Sudstrake GmbH, Emsland Group, KMC Ingredients Company, Tereos S.A., and Roquette Freres SA.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Food & Beverages
- Bakery & Confectionery
- Processed Food & Others
- Paper Industry
- Biodegradable Plastics
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Ingredion, Incorporated
- Tate & Lyle PLC
- AGRANA Beteiligungs-AG
- Royal Ingredients Group B.V.
- Royal Avebe U.A.
- Sudstrake GmbH
- Emsland Group
- KMC Ingredients Company
- Tereos S.A.
- Roquette Freres SA
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