North America 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 North America Potato Starch Market would witness market growth of 3.8% CAGR during the forecast period (2021-2027).
Potato starch exists as semi-crystalline granules composed of two structural forms, long amylose and amylopectin chain lengths. When starch granules are exposed to certain moisture and heat, the granules form crystalline structures, swell and get softer and lose their shape, in a process called gelatinization. Moreover, when granules are burst, the molecules break down and surround water to form a thick mixture. Sometimes mixture becomes thicker and even rubbery when kept in the cooler temperature.
Amylose starch is also known as resistant starch. These types of starch are found in foods like corn, rice, potatoes, carrots, beans, lentils, and many other root vegetables rich in health benefits. Potato starch has the largest granule up to 100 micrometers as compared to another starch granule.
North America is one of the biggest producers of the potato starch. U.S market has completely dominated the North American potato starch market. The technology advancement in the U.S has increased its potato starch usage in various industries. Mostly potato starch is used as a thickening agent and as a base for gelling agents in confections, bakery products such as pie fillings, pastry, and many more.
According to the researcher from the Natural History Museum of Utah and Red Butte Garden at the University of Utah, discovered potato starch residues in a 10,900-year-old stone tool in Escalante, from the wild potato used in this region. The Escalante was previously known as the potato valley to the early setters. Potato starch is often used in yeast filtration and as additives in the cosmetics and pharmaceutical industries. The growing popularity of ready-to-meal and processed food has boosted the demand for potato starch in the region.
The US market dominated the North America Potato Starch Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $571.9 million by 2027. The Canada market is estimated to grow at a CAGR of 6.2% during (2021 - 2027). Additionally, The Mexico market would experience a CAGR of 5.3% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Potato Starch Market is Estimated to reach $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 North America
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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