Published Date: 31-Mar-2022
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According to a new report, published by KBV research, The Global Potato Starch Market size is expected to reach $4.9 billion by 2027, rising at a market growth of 3.5% CAGR during the forecast period.
The Food & Beverages segment is leading the Global Potato Starch Market by End User in 2020, thereby, achieving a market value of $2.6 billion by 2027. Potato starch is one of the feeding components, used as a milk replacer and as a source of energy. It helps to improve digestibility and to increase the weight of livestock. Modified Starch is the primary source of carbohydrates that acts as a milk replacer for newborn calves. Companies are experimenting to develop and extract potato starch to discover new feed applications.
The Native segment has growth rate of 4.1% during (2021 - 2027). Native potato starch is a white powder in texture, tastes odorless neutral. The calorific value of native starch is 4 kcal/g same as other starch. These are produced during the slicing and consumption process. Native starch is highly pure in chemical and physical nature.
The Conventional segment acquired maximum revenue share in the Global Potato Starch Market by Nature in 2020, thereby, achieving a market value of $3.3 billion by 2027. Conventional potato starch is produced with the help of chemicals and pesticides. These types potato starch is affordable as well as easily available in every grocery store.
Europe is the fastest growing region in the Global Potato Starch Market by Region in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2.9 billion by 2027. The Asia Pacific market is experiencing a CAGR of 4.5% during (2021 - 2027). Additionally, The North America market would witness a CAGR of 3.8% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/potato-starch-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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