#Potato Starch Market Analysis 2022

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Potato Starch market Report | Global Forecast From 2023 To 2030 With Top Key Players

The Global Potato Starch market size was reasonably estimated to be approximately USD 8200 Million in 2023 and is poised to generate revenue over USD 12530 Million by the end of 2030, projecting a CAGR of around 6.20% from 2023 to 2030.

In order to extract the starch grains, potatoes are crushed to release them. The starch grains are then extracted from the solution and dried until they have a light, powdery consistency. Because of its flour-like consistency, it is a common ingredient in many recipes. Leucoplast-containing potato root tuber cells are where the starch is taken from the plant. It's a multipurpose ingredient that works well in baking, cooking, and food processing.

Because potato starch is a versatile ingredient that may thicken and enhance the texture of a wide range of meals, including puddings, baked goods, and sauces, the market for it is growing.As a supplement, it may also help with digestion, boost immunity, and control blood sugar, among other possible health advantages.

Because of its enticing texture, flavor, and possible health benefits, starch has become an essential ingredient in many innovative products developed by the food and beverage industry. The rising demand for organic food is driving growth in the worldwide starch market.

In the paper industry, potato starch is widely employed, mostly as an adhesive, surface sizer, and bonding agent in a variety of products such coatings, laminated grades, and corrugated boards. Starch is a necessary component of numerous paper grades since it is consumed by weight in the processes of papermaking and paper conversion after cellulose fiber and mineral pigments.

The market for potato starch is expected to grow due to a number of factors, including the growing popularity of processed and convenience foods, the growing demand for potato starch in the paper industry, the rising prevalence of food allergies, including celiac disease, and the growing demand for functional foods.

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Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Leading players involved in the Potato Starch Market include:

"Cargill, Incorporated (U.S), Pepees S.A(Poland), Ingredion, Incorporated (U.S), KMC a.m.b.a (U.S), AGRANA Beteiligungs -AG (Austria), Tereos (France), Avebe (Netherlands), Emsland Group (Germany), Novidon, Roquette (France), Tata & Lyle (UK), VIMAL PPCE (Ukraine), Lyckeby (Sweden), Radchen USA (US), AKV Langholf (Denmark), and Other Key Players". 

Market Driver:

One significant market driver for potato starch is its rising popularity as a gluten-free alternative in the food industry. With the increasing prevalence of gluten-related disorders and the growing health consciousness among consumers, there's a heightened demand for gluten-free products. Potato starch serves as an excellent substitute for wheat-based thickeners and binders in gluten-free formulations, making it a preferred choice for manufacturers aiming to cater to this expanding consumer segment. As a result, the demand for potato starch is expected to continue its upward trajectory, driven by the gluten-free trend.

Market Opportunity:

An emerging market opportunity lies in the utilization of potato starch in biodegradable packaging materials. With the growing environmental concerns and the push towards sustainable packaging solutions, there's a rising demand for biodegradable and compostable packaging materials. Potato starch-based bioplastics offer a promising alternative to conventional petroleum-based plastics, providing similar functionality while being eco-friendly and renewable. The development of innovative packaging solutions using potato starch presents a significant opportunity for market players to tap into the burgeoning sustainable packaging market.

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Segmentation of Potato Starch Market:

By Type

Native

Modified

By Nature

Conventional

Organic

By Application

Food & Beverage

Textile & Paper Industry

Pharmaceutical Industry

Animal Feed

By Function

Thickener

Binder

Stabilizer

Disintegrant

By Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

 Effective Points Covered in Potato Starch Market Report: -

Details Competitor analysis with accurate, up-to-date demand-side dynamics information.

Standard performance against major competitors.

Identify the growth segment of your investment.

Understanding most recent innovative development and supply chain pattern.

Establish regional / national strategy based on statistics.

Develop strategies based on future development possibilities. 

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The global industrial starch market is poised to grow at a CAGR of 8.1% from 2022-2028, owing to its range of applications in various end-use industries Starch is one of the carbohydrates derived from sources such as wheat, rice, maize, potato, and cassava among others.

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Dietary Fibres Market | Country Level Analysis, Current Trade Size And Future Prospective 2022 to 2032

The global dietary fibers market was worth US$ 8.8 Billion in the year 2022 and is expected to reach US$ 18.6 Billion by the year 2032 at a staggering CAGR of 10.6% between 2022 and 2032.

The ongoing trend is that of a paradigm shift, i.e. from pharmaceuticals to nutraceuticals. Plus, there is an increase in HQ (Health Quotient) amongst the populace. These trends are expected to take the dietary fibers market by storm in the upcoming period. The other advantage is that of need to exercise control over diabetes, hypertension, and heart-related ailments.

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Dietary fibers get extracted from diverse sources through dry processing, wet processing, gravimetric, chemical, enzymatic, physical, and microbial methods.

As per the National Institutes of Health, over 60-70 Million Americans do experience various digestive health issues. Moreover, as per Harward School of Public Health, children and adults require atleast 20-30 grams of dietary fibers every single day. Constipation could also be controlled through dietary fibers.

With growing production of grains & cereals like whole wheat, oats, corn, rye, barley, popcorn, wild rice, brown rice, triticale, buckwheat, millet, and bulgur, the global dietary fibers market is likely to grow on a remarkable note in the near future. However, it’s pretty challenging to use dietary fibers as components in food and beverage applications as they are immune to hydrolysis.

Whole grains like rye, wheat, and barley contain pentose, beta-glucan, and arabinoxylans; wheat bran, maize, and rice contain helicelluloses, cellulose, and lignin; whereas fruits like figs, avocado, orange, Metamucil, and purple passion fruit and vegetables like turnip and potatoes contain fibers.

Legumes contain 3 forms of dietary fibers inclusive of resistant starch, soluble fiber, and insoluble fiber. These days, legumes are being increasingly adopted in nutrition bars, snacks, and bakeries.

Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Dietary Fibers Market’. The team of analysts and consultants is there to execute through its bottom-up approach in primary, secondary, and tertiary modes of research.

“With growing concerns about increase in cholesterol, the global dietary fibers market is expected to grow on an irresistible note in the near future”, says and analyst from Future Market Insights.

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Key Takeaways from Dietary Fibers Market

The     Asia-Pacific holds more than 30% of the market share with Japan,     Indonesia, and China leading from the front. It’s interesting to learn     that Chinese end-customers are into following the global food trends owing     to exposure to the worldwide food products.

North     America holds a significant market share with the US witnessing an upsurge     in intake of dietary fibers in daily foods along with increase in     production of functional food.

Europe     is expected to grow on the back of Italy due to rising demand for     nutrient-fortified foods.

LATAM     is driven by Brazil with increased efforts on the part of supplementation     and fortification; which do stimulate usage of dietary fibers amongst     every age group. These fibers are added to higher-value items such as     flakes, puffs, and crisps. The locally-available sources include     asparagus, chicory root, Jerusalem artichoke, leeks, jicama, and whole     grains.

Competitive Dietary Fibers

Cargill,     Inc., in October 2019, did invest US$ 35 Million for expanding its line of     starches, sweeteners, and texturizers for including dietary fibers. This     project is the organization’s very first step toward soluble dietary     fibers all across Europe.

Batory     Foods, in September 2020, inked an agreement with BioHarvest Sciences, Inc     for making an entry into the US nutraceuticals and edible CBD market.

What does the Report say?

The     research study is based on type (soluble (inulin, polydextrose, dietary     fibers, beta-glucan) and insoluble (cellulose, hemicellulose, chitosan,     chitin, lignin, and resistant starch)), by source (cereals & grains     (wheat, rice, bran, and others), fruits & vegetables (apples and     others), and others), and by application (functional food & beverages,     animal feed, pet food, and pharmaceuticals).

With     realization that dietary fibers help the body in eliminating waste,     maintaining weight, and preventing diabetes and cardiac ailments by     curtailing cholesterol and blood sugar levels, the global dietary fibers     market is bound to grow voraciously in the near future.

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Dietary Fibres Market Segmentation

By Type:

 Inulin

 Polydextrose

 Dietary      Fibres

 Beta-Glucan

 Cellulose

 Hemicellulose

 Chitosan

 Chitin

 Lignin

 Resistant      Starch

By Source:

 Wheat

 Rice

 Bran

 Others

 Apples

 Others

By Application:

Functional     Food & Beverages

Animal     Feed

Pet     Food

Pharmaceuticals

Information Source: https://www.futuremarketinsights.com/reports/dietary-fibres-market

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Potato Protein Market Trends, Top Manufactures, Share, Industry Growth Analysis & Forecast 2033

The global potato protein market is predicted to register a CAGR of 7.6% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 144 millionin 2023 to US$ 300 millionby 2033 end.

The surging demand for clean label products as a result of increasing concerns around the robust climate change is propelling the demand for vegetable-based proteins. Due to this, the incorporation of potato protein into several vegetarian products is rising. Moreover, the expanding vegan population, particularly in countries like Canada and the United Kingdom, among others, is fueling the demand for food products consisting of plant-based protein. This new trend is projected to witness overwhelming response due to the rising demand for potato protein in the thriving vegan industry.

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The market is projected to augment owing to the initiation of several research activities. These activities are aimed at promoting the operational efficiency and cost-effectiveness of the potato protein extraction process. The potential utilization of potato protein to safeguard against cancerous cells is predicted to enhance the demand for potato protein. The deployment of novel technologies to curtail potato waste while producing potato protein is anticipated to provide impetus to the market over the upcoming years.

Key Takeaways from the Potato Protein Market:             

The United States is estimated to dominate the potato protein market over the forecast period. By 2033, the market is projected to attain US$ 106.3 million. The growth rate assumed by the United States market is likely to record 7.4% CAGR.

China is expected to hold a significant position in Asia Pacific potato protein market. The regional market is estimated to attain US$ 21.5 million by 2033, registering a CAGR of 7% from 2023 to 2033.

Japan, another key market in the region, is assessed to reach market valuation of US$ 17.6 million by 2033. The Japan potato protein industry is projected to expand at a CAGR of 6.1% over the forecast period.

News Featuring Market Developments by Key Players of Potato Protein Solutions:

In April 2022, Branston Ltd. unveiled that it is partnering with Root Extracts to create a potato protein product to be used in vegan and vegetarian foods. The development of the product is likely to take place in Branston's extraction unit in Lincolnshire, which was under construction at the time of announcement.

In February 2022, KMC declared that they have created a texturized potato protein to be utilized as an ingredient in meat alternatives. According to the company, the product is a first of its kind across the globe. The product is also a part of innovation program, which was initiated with the aim to create plant-based ingredient alternatives. The company is planning to manufacture the product on a large scale, with production run for the capacity of 300 tons for the year 2022.

In April 2021, Branston Ltd. began the construction of new potato protein extraction plant at Branston's site in Lincolnshire, the United Kingdom. The complete set up of the new plant is projected to amount US$ 7.94 million. The facility would help convert low-quality potatoes into clean-label functional protein and develop starch-based products. For this set up, the company has partnered with B-Hive Innovations, which has developed the process.

Key Segments

By Product Type:

10-40% Protein

40-50% Protein

60-65% Protein

70-80% Protein

By Nature:

Organic

Conventional

By Form:

Isolates

Concentrate

Textured Protein

Hydrolyzed Protein

By End-use Application:

Bakery & Confectionery

Breads

Cookies & Crackers

Pastries

Other Bakery & Confectionery

Protein and Nutritional Bars

Breakfast Cereals

Functional Beverages

Dairy Alternatives

Dietary Supplements

Sports Nutrition

Infant Nutrition

Meat Additives

By Region:

North America

Latin America

Europe

Asia Pacific excluding Japan

Japan

Oceania

The Middle East & Africa

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Industrial Starch Market - Forecast (2022 - 2027)

 Industrial Starch Market size is estimated to reach $82.4 billion by 2027, growing at a CAGR of 5.9% during the forecast period 2022-2027. Starch is a necessary portion of adhesive formulations and is utilized in an extensive series of industrial uses. The industrial starch is extracted from different organic sources like wheat, rice, tapioca, potato, and maize. Wheat, maize, and potato are the most typically utilized industrial starches. Starch is a polymer of glucose connected to another one by way of the glycosidic bonds. One of the most significant cereal starches worldwide is maize starch. In numerous countries, it is regarded as one of the staple foods. A polysaccharide is a long chain of carbohydrate molecules or units constrained by glycosidic bonds. Polysaccharides can be acquired from plants or additional living organisms. Starch is a significant kind of polysaccharide. The accelerated development of the food and food processing industry is set to drive the Industrial Starch Market. The soaring application of industrial starch with starch being a kind of polysaccharide, as a thickening, stabilizing, and gelling agent is set to propel the growth of the Industrial Starch Market during the forecast period 2022-2027. This represents the Industrial Starch Industry Outlook.

Report Coverage

The report: “Industrial Starch Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Industrial Starch Market.

By Type: Native, Starch Derivatives, Sweeteners. By Source: Corn, Wheat, Cassava, Potato, Others. By Application: Food, Feed, Paper Industry, Pharmaceutical Industry, Others. By Geography: North America (the U.S, Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia, Rest of South America), and Rest Of The World (Middle East, Africa).

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Key Takeaways

Geographically, North America (Industrial Starch Market) accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the soaring sales of industrial starches, with starch being a kind of polysaccharide, in the U.S. in the North American region.

Industrial Starch Market growth is being driven by the development of the food and beverage industry and the soaring application of industrial starch with starch being a kind of polysaccharide, in the production of frozen, packaged, and convenience food products. However, the soaring cost of R&D activities is one of the major factors hampering the growth of the Industrial Starch Market. 

Industrial Starch Market Detailed Analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Industrial Starch Market report. 

Industrial Starch Market Segment Analysis – By Source:

The Industrial Starch Market based on the source can be further segmented into Corn, Wheat, Cassava, Potato, and Others. The Corn Segment held the largest market share in 2021. This growth is owing to the soaring application of corn starch owing to corn starch being gluten-free. Corn starch is one of the staple foods of numerous countries. Corn starch is a good source of energy and averts reduced blood sugar in people with nocturnal hypoglycemia and this is further propelling the growth of the Corn segment.

Furthermore, the Cassava segment is estimated to grow with the fastest CAGR of 6.4% during the forecast period 2022-2027 owing to the proliferating application of cassava starch as a water-binding and texturizing agent and its assistance in accomplishing required viscosity on food products in conjunction with cassava being one of the principal staple foods in the developing world.

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Industrial Starch Market Segment Analysis – By Application:

The Industrial Starch Market based on the application can be further segmented into Food, Feed, Paper Industry, Pharmaceutical Industry, and Others. The Food segment held the largest market share in 2021. This growth is owing to the soaring application of industrial starch in the bakery and confectionery sector. Maize starch is one of the staple foods which is utilized extensively in the bakery industry. The augmented demand for on-the-go food products and different beverages from the youngsters and employed population is further propelling the growth of this segment.

Furthermore, the Paper Industry segment is estimated to grow with the fastest CAGR of 6.6% during the forecast period 2022-2027 owing to the extensive application of industrial starches like maize starch powder, maize starch being one of the staple foods in numerous countries, in the paper industry to improve the durability of paper and as adhesive for bonding layers of corrugated boards.

Industrial Starch Market Segment Analysis – By Geography:

The Industrial Starch Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America (Industrial Starch Market) held the largest share with 35% of the overall market in 2021. The growth of this region is owing to the existence of different multinational food production and processing firms leading to the heightening demand for industrial starch with maize starch being one of the staple foods in the region. There is accelerated development of industrial packaging in the region. The developing consumer base seeking healthy food and beverage alternatives and surging acceptance of novel techniques to minimize calories, fat, and sugar by makers resulting in proliferating demand for native starch is further propelling the growth of the Industrial Starch Market in the North American region.

Furthermore, the Asia-Pacific region is estimated to be the region with the fastest CAGR rate over the forecast period 2022-2027. This growth is owing to factors like soaring cultivation of raw materials like cassava, sweet potato, and maize which may be one of the staple foods in countries like China, Thailand, Indonesia, and India in the Asia-Pacific region. The increasing per capita income and the heightening demand of consumers for different food and manufactured products using starch in their preparation are further fueling the progress of the Industrial Starch Market in the Asia-Pacific region.

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Industrial Starch Market Drivers

Heightening Industrial Applications Of Maize Starch Are Projected To Drive The Growth Of Industrial Starch Market:

Maize Starch is one of the staple foods of numerous countries. A white, aroma-less, tasteless carbohydrate segregated from the parts of corn or maize, maize starch powder is typically utilized as a stiffening agent and a thickener with several contemporary uses. Maize starch is utilized in the bakery industry. Bakers apply maize starch to enhance the texture and tenderness of cakes. The batter is prepared harder in nature and correspondingly, turning the starch the most suitable for application in the preparation of cakes. Maize Starch is also utilized in ice cream, salad dressings, pastries, and additional sweet foods. Maize starch powder is typically utilized in the paper industry to enhance the bonding strength of paper just like creased boxes owing to the wonderful adhesive characteristics of maize starch powder. Maize starch may be applied in the textile industry to soften texture just like accessorizing fabric with the essential firmness. The soaring industrial applications of maize starch are therefore fueling the growth of the Industrial Starch Market during the forecast period 2022-2027.

Soaring Innovations In Industrial Starch Are Expected To Boost The Demand Of Industrial Starch Market:

Starch is the most bounteous polysaccharide of glucose type and is organized in different kinds of food grains and certain vegetables inclusive of potatoes. NOVATION® Lumina functional native starches, progressive clean label starches, developed by Ingredion, can allow satisfying consumer demand for ‘natural’ food and drinks while conveying excellent flavor, color, texture, and performance. Specifically appropriate for light-colored applications with dainty flavors, NOVATION® Lumina functional native starches provide all the range of capabilities of modified starches. They can permit the development of yogurts, puddings, dressings, soups, and sauces while conveying the sensory experience consumers anticipate and the clean labels they look for. The surging innovations in Industrial Starch like functional native starches are therefore driving the growth of the Industrial Starch Market during the forecast period 2022-2027.

Industrial Starch Market Challenges

Soaring Application Of Resin Glue As Alternative To Starch Is Hampering The Growth Of The Industrial Starch Market:

The soaring demand for resin glue as a substitute for starch in the paper and textile industry is challenging the growth of the Industrial Starch Market. Resin glue is frequently a staple adhesive for makers owing to its intense durability, soaring bonding strength, chemical resistance, and capability to endure hot and cold climates. It also possesses reduced porosity making resin excellent for application as an overlay or for laminating. The advantages of utilization of resin adhesives include developing an intensely robust and durable bond, appropriateness for high-speed production, provision of a series of elasticity, surface tack and cohesive strength, effortlessly tailor-made adhesive characteristics, adherence to an assortment of surfaces, and opposition to moisture. High-resistant resins can hinder shock, extended vibration, and soaring temperatures, turning them convenient for industrial uses. This issue is thus hampering the growth of the Industrial Starch Market.

Industrial Starch Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and R&D Activities are key strategies adopted by players in this market. Industrial Starch top 10 companies include:

Archer Daniels Midland Company (ADM)

Tate & Lyle

Grain Processing Corporation

Cargill

Ingredion Incorporated

AGRANA Beteiligungs-AG

The Tereos Group

Altia Industrial Services

EVEREST STARCH (IND) PVT.LTD.

Karandikars Orgochem Private Limited

Acquisitions/Product Launches:

In March 2021, Ingredion Incorporated has included two novel products to its plant-based portfolio manufactured at its novel pea protein production facility in South Sioux City, Nebraska. VITESSENCE Pulse 1853 pea protein isolate and PURITY P 1002 pea starch are tenably sourced from North American farms, allowing food and beverage makers to develop ingenious plant-based food and beverages. The novel pea isolate and pea starch contribute to the firm’s portfolio of plant-based proteins and constituents, which involves the plant-protein concentrates and flours manufactured in Vanscoy, Saskatchewan.

In September 2021, Archer-Daniels-Midland Co pronounced that it had introduced a novel flavor manufacture facility in China to satisfy the increasing demand for beverages and healthy foods. The novel facility – ADM Food Technology (Pinghu) Co Ltd, situated in the eastern province of Zhejiang and around one hour away from Shanghai – symbolizes a further extension by the global grains trader in the nutrition segment. The novel plant will offer an extensive series of flavor solutions for beverages, sweet goods, dairy and dairy options, and health-associated and functional foods, ADM pronounced in a statement.

In February 2021, Tate & Lyle PLC declared that it has finished the acquisition of an 85% shareholding in Chaodee Modified Starch Co., Ltd., a well-developed tapioca modified food starch maker situated in Thailand. The endorsement of a conditional agreement for this acquisition was declared on 28 October 2020. As per Nick Hampton, Chief Executive of Tate & Lyle, “This acquisition extends our presence in specialty tapioca-based texturants and allows us to offer a broader range of tapioca-based solutions to meet customers’ needs for better tasting and clean label foods”.

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Global Industrial Starches Market Research, Outlook, and Opportunity

Global Industrial Starches Market was valued at USD 50,232 million in 2021 which expected to reach 68, 270 BY 2027, At a CAGR 3.88% from 2022-2027.

Industrial starch is versatile food additive in food industry. It is extensively used in the food industry as it offers an excellent stabilizing effect. Further, industrial starch can be modified either chemically/physically for multipurpose uses. The industrial starch derived from various sources such as Corn, Wheat, Cassava, Potato, Other Sources.

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Market Drivers

The increase in demand from bio-plastic industry is expected to fueling growth of the market. Starch-based films, when used in conjunction with PLA films as an outer layer, are used in different food packaging applications. For instance, Mars Incorporated replaces Biaxially oriented Polypropylene (BOPP) from its candy packaging by incorporating a new compound made of the starch derived from potato waste.

Furthermore, the rise in investment by key players in starch production to meet the raising demand is driving growth of the industrial starches market. For instance, in 2019, Cargill invested around EUR 20 million in its starch production plant in Sas Van Gent, the Netherlands & expanded the instant starch capacity. The investment supported the increased demand for convenience food.

Market Restraints

Global consumers have been cutting down sugar & sweeteners intakes, such as high- fructose corn syrup, due to health & weight management reasons is expected to hamper the market growth. Moreover, increase in prevalence of lifestyle disorder such as obesity & diabetes reducing the consumption of starch-based sweeteners, this is again limiting market growth.

Market Segmentation

Global industrial Starches Market is segmented into type such as Native Starch, Starch Derivatives and Sweeteners. By source, market is segmented into Corn, Wheat, Cassava, Potato, Other Sources. Further, market is segmented into application such as Food, Feed, Paper Industry, Pharmaceutical Industry, Other Applications.

Regional Analysis

Global industrial Starches Market is segmented into five segments such as North America, Latin America, Europe, Asia Pacific, Middle East & Africa. Europe is projected to dominate the global industrial starches market over the forecast period due to the high production of starches in the region. For instance, as per the European Starch Industry Association, in the year 2020, the total starch production in Europe, which included maize, wheat, and potatoes stood at 11.5 million metric ton in comparison to 10.7 million metric ton in the year 2018. Also, North America is expected to gain fastest growth throughout the forecast period high production of corn.

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Key Players

Archer Daniels Midland Company, Cargill Incorporated, Ingredion Inc., Tate & Lyle PLC, Kent Nutrition Group Inc. (Grain Processing Corp., Tereos Group, Coöperatie Koninklijke Cosun U.A, Altia PLC, Angel Starch and Food Pvt. Ltd, Manildra Group, etc.

Market Taxonomy

By Type

Native Starch

Starch Derivatives

Sweeteners

By Source

Corn

Wheat

Cassava

Potato

Others

By Application

Food

Feed

Paper Industry

Pharmaceutical Industry

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East & Africa

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Sweet Potato Products Market - Forecast(2022 - 2027)

Sweet Potato Products Market Overview

Sweet Potato Products Market size is estimated to reach $8.4 billion by 2027, growing at a CAGR of 4.1% during the forecast period 2022-2027. Sweet potato products are one of those versatile food items that are derived from “Ipomea batatas” which are starchy root potatoes. Considering the heavy demand for products with low carbohydrate content, most of the time potatoes are made to undergo starch extraction processes so that such products align perfectly with the requirement of consumers. Sweet potatoes are a sound source of vitamins, potassium, and antioxidants like beta-carotene. These dicotyledonous plants are primarily used to manufacture beverages, pectin, dried chips, snack pellets, flour, and noodles. Due to their low glycemic index, they help maintain the proper balance of insulin in the body and prevent diabetes. Moreover, sweet potatoes are of utmost importance in supporting gut health, eye health, and fighting cardiovascular complications like cancer. Therefore, the sweet potato products market outlook is extremely enchanting as health hitches are reaching crisis proportions. The broadening cardiovascular ailments, vision impairments, and proliferating demand for ready-to-consume snacks and healthy beverages are the factors set to drive the growth of the Sweet Potato Products Market for the period 2022-2027.

Report Coverage

The report: “Sweet Potato Products Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Sweet Potato Products Market.

By Product Form: Solid/Frozen, Fresh, Desiccated/Dry, and others.

By Product Type: Squash/Puree, Flour, Processed and Whole products, and others.

By Application: Food and Beverages, Sweeteners, and Animal feeds.

By Packaging: Plastic pouches, Trays, Boxes, and others.

By Distribution Channel: Offline platforms (=Hypermarkets/Supermarkets, Convenient stores, smaller retail shops, and others), and Online platforms.

By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of World (the Middle East and Africa).

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Key Takeaways

Geographically, the Asia-Pacific Sweet Potato Products Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027.

Tons of health benefits associated with sweet potatoes are said to be a preeminent driver driving the growth of the Sweet Potato Products Market. Environmental challenges and curving demand due to lockdowns are said to reduce the market growth.

Detailed analysis on the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Sweet Potato Products Market report.

Sweet Potato Products Market Segment Analysis-By Application

The Sweet Potato Products Market based on the application type can be further segmented into food and beverages, sweeteners, and animal feeds. The food and beverages segment held the largest share in 2021. The growth is owing to rising applications and demand for sweet potato products. Globalization has made RTE products like dried chips a renowned snack option throughout the globe. According to a report, around 86% of the US and 84% of Great Britain's population consumes chips. On another hand, the availability of innovative flavors has its fruitful contribution in intensifying the overall demand for such products. Moreover, the food and beverages segment is estimated to be the fastest-growing segment with a CAGR of 5.6% over the forecast period 2022-2027. This growth is owing to a broadening demand for natural sweeteners in confectionery items and other energy drinks. Moreover, as western influence is growing in middle- and lower-income countries, the taste and preferences of people are changing. Consequently, the demand for products such as snack pellets, pectin, and others is enlarging. Moreover, the low-fat nature of sweet potatoes is alluring to several obese consumers as they don’t pose any detriment to health.

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Sweet Potato Products Market Segment Analysis-By Distribution Channel

The Sweet Potato Products Market based on distribution channels can be further segmented into offline platforms (=hypermarkets/supermarkets, convenience stores, smaller retail shops, and others), and online platforms. The offline segment held the largest share in 2021. The growth is owing to the far-reaching presence of retail outlets in urban and pastoral areas. According to a report, 12-13% of sales in the U.S. happen through online mediums whereas, more than 90% occurs offline as of 2021. The majority of consumers still believe that offline channels are much better as compared to online as they extend security while browsing. On another hand, due to eventful lives, busy shoppers love to shop in bulk at supermarkets. Nevertheless, the offline segment is estimated to be the fastest-growing with a CAGR of 6.0% over the forecast period 2022-2027. The growth is owing to the trust of people on offline platforms. There is no doubt about it that online platforms are gaining relevant market share but still, it is quite low. It will take more than 10-12 years for online options to flourish and function properly in pastoral areas. More than 3 billion people still live in the countryside as of 2021. Out of which majority of them are deprived of online shopping facilities.

Sweet Potato Products Market Segment Analysis-By Geography

The Sweet Potato Products Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America held the largest share with 38% of the overall market in 2021. The growth in this segment is owing to the massive consumption of chips in North American countries. More than 80% of the total American population consumes crisps. According to a national consumer survey (NHCS), around 284.3 million residents consumed chips in 2020. On another hand, a state-of-the-art network of distribution channels acts as a potent trigger and encourages people to make such purchases. Europe stands second highest in terms of total sweet potato product consumption with GB and France being the leading players. However, Asia-Pacific is expected to be the fastest-growing segment over the forecast period 2022-2027. This growth is owing to factors such as the presence of countries with the largest consumption of sweet potatoes. According to a report, around 70-80% of sweet potato world supply comes from China only. Even though the consumption in China is less compared to the U.S. and other European nations, around 55-60% of total production is used as animal feeds in China. But with growing western influence in other countries like India, Pakistan, Indonesia, Japan, and others the overall consumption is anticipated to rise. On the other hand, enlarging the disposable income of residents is another prominent reason behind the growth of the respective market in this segment.

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Sweet Potato Products Market Drivers

Enlarging health awareness among people is Anticipated to Boost Product Demand

CVDs have merged as the leading cause of death throughout the globe. A report claimed that 1 in every 4 deaths in the U.S. occurs due to heart attack, and around 659,000 people lost their lives due to heart attacks in 2021. Moreover, with the relentless pace at which diabetes and obesity are proliferating, they are expected to reach epidemic proportions before long. On another hand, in the last two decades, blindness problems have come to the foreground like never before. In 2020, there were more than 49 million people who were suffering from blindness and 221.4 million with moderate visual impairment. Whereas, according to WHO, around 1 billion people had vision impairment (near/distant) in 2021. Considering such a massive surge in figures of illnesses people are turning more conscious about health and consuming all sorts of products deemed to be helpful in promoting health and sweet potatoes being one of them thus driving the market growth.

Enlarging flavor options and Contemporary manufacturing processes and broadening mergers & acquisitions are Expected to Boost Product Demand

With technological advancements, several top-notch manufacturing processes have been invented where frying of chips occurs in vessels and temperature is kept under control through machines. According to tastewise, sweet potato is the topmost ingredient for fries with demand from 34.01% of the population. Therefore, the presence of such machines that have reduced all the manual monitoring is playing a considerable contribution to the growth of the sweet potato products market. Besides, recently India revoked PepsiCo’s potato chips patent which will allow many farmers and MSMEs to produce chips on a wide scale. On another hand, players in their respective markets are undergoing various mergers and acquisition activities to gain a larger share of the sweet potato products market.

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Sweet Potato Products Market Challenges

Environmental complications and reduced focus on research due to the COVID-19 are Anticipated to Hamper Market Growth

Environmental complications are posing a severe and sizable threat to the sweet potato products market, which is anticipated to strangle the growth of the aforementioned market. Due to rising global warming, the evaporation of water has spurred. Consequently, the atmosphere is holding more moisture and resulting in excessive rainfall throughout the year and damaging the crops. On another hand, the soil is losing its richness and fertility considering the widescale use of fertilizers which is anticipated to reduce the overall yield. According to AG Marketing Resource Center, U.S. sweet potato production has increased substantially over the last 15 years but has started to decrease slowly. The production was 30.67 million hundredweight in 2020 with an estimated value of $726.18 million. The decrease in sweet potato production is due, in part, to a decrease in acreage harvested from 163,300 acres in 2016 to 156,800 acres in 2020. On another hand, the overall demand for such products is declining due to the COVID-19.

Sweet Potato Products Industry Outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Sweet Potato Products Market. Key companies of this market are-

J. R. Simplot Company

Yantai China Pet Foods

The Kraft Heinz

Lamb Weston Holdings

Dole Food Company

Nash Produce

McCain Foods

Bright Harvest Sweet Potato

Ham Farms

ConAgra Foods

Recent Developments

On July 13, 2021, Spudsy, an American brand that is well-known for manufacturing crispy snacks launched its sweet potato fry in the whole food market. Spudsy claimed that the product has longer shelf stability and is totally gluten and grain-free. The launch is anticipated to allure several vegan consumers throughout the country.

On January 30, 2021, China-based pet food company “Yantai China Pet Foods” announced the successful acquisition of New Zealand-based company “Petfood NZ.” Yantai China acquired 70% of the total shareholding in Petfood with a payment of $24 million. The transaction extends Yantai several advantages to strengthen its pet food portfolio.

On January 17, 2020, Idaho, United States-based food processing, farming, and fertilizer manufacturer “J. R. Simplot” announced that it has successfully acquired US-based farm supply distribution firm “Pinnacle Agriculture.” The finances of the deal were kept hidden by the company. The acquisition extended Simplot a strategic advantage over its competitors.

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Frozen Dumplings Market

Frozen Dumplings Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period.

Dumpling is a broad class of dishes that consist of pieces of dough (made from a variety of starch sources) wrapped around a filling, or of dough with no filling. The dough can be based on bread, flour, buckwheat or potatoes, and may be filled with meat, fish, tofu, cheese, vegetables, fruits or sweets. Dumplings may be prepared using a variety of methods, including baking, boiling, frying, simmering or steaming and are found in many world cuisines.

Read More: https://introspectivemarketresearch.com/reports/frozen-dumplings--market/

Global Frozen Dumplings Market 2022 by Company, Region, Type, and Application by Introspective Market Research to 2028 is formulated to analyse the present trends, financial overview of the industry, historical data assessment, and complete market dynamics analysis. This report offers exhaustive analysis and interpretation of the data gathered for the global Frozen Dumplings market. This report categorizes the market broadly by categorizing the market by Application, Type, and Geographic Region. It shows the current state of the industry. This study provides insights into the impact of global and local market experts, value chain optimization, probabilistic research, technical objectives, product launches, and critical market growth reviews. Our analysts drafted the report by gathering information through primary (via surveys and interviews) and secondary (including industry institutional databases, reputable paid sources, and trade journals) data collection methods. The report includes a thorough qualitative and quantitative evaluation.

[marketdevelopment]

Frozen Dumplings Market

Frozen Dumplings Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period.

Dumpling is a broad class of dishes that consist of pieces of dough (made from a variety of starch sources) wrapped around a filling, or of dough with no filling. The dough can be based on bread, flour, buckwheat or potatoes, and may be filled with meat, fish, tofu, cheese, vegetables, fruits or sweets. Dumplings may be prepared using a variety of methods, including baking, boiling, frying, simmering or steaming and are found in many world cuisines.

Read More: https://introspectivemarketresearch.com/reports/frozen-dumplings--market/

Global Frozen Dumplings Market 2022 by Company, Region, Type, and Application by Introspective Market Research to 2028 is formulated to analyse the present trends, financial overview of the industry, historical data assessment, and complete market dynamics analysis. This report offers exhaustive analysis and interpretation of the data gathered for the global Frozen Dumplings market. This report categorizes the market broadly by categorizing the market by Application, Type, and Geographic Region. It shows the current state of the industry. This study provides insights into the impact of global and local market experts, value chain optimization, probabilistic research, technical objectives, product launches, and critical market growth reviews. Our analysts drafted the report by gathering information through primary (via surveys and interviews) and secondary (including industry institutional databases, reputable paid sources, and trade journals) data collection methods. The report includes a thorough qualitative and quantitative evaluation.

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Latin America Starch Syrup Market To Grow During 2022-2027, Aided By Increasing Demand From The Food And Beverage Industry

El nuevo informe de Informes de Expertos titulado ‘Mercado Latinoamericano del Jarabe del Almidón (jarabe de almidon), Informe y Pronóstico 2022-2027′, ofrece un análisis profundo del mercado, evaluándolo por el tipo de almidón, la aplicación, el tipo de jarabe, el canal de distribución y las regiones. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con un análisis FODA y el análisis basado en el modelo de cinco fuerzas de Porter.

The new report by Informes de Expertos titled, ‘Latin America Starch Syrup Market Report and Forecast 2022-2027’, gives an in-depth analysis of the market, assessing it based on starch type, application, types, distribution channels and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on SWOT and Porter’s Five Forces model.

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The key highlights of the report include:

Market Overview (2017-2027)

Forecast CAGR (2022-2027): X%

Increasing demand for confectionery products and rising consumption of functional foods and beverages are driving the growth of the starch syrup market in Latin America. The growing application of starch syrup as a natural thickener and sweetener in the food and beverage industry is a contributing factor to the market growth. In addition, the product also finds uses in the pharmaceutical and brewing industries.

Read Full Report with Table of Contents – https://www.informesdeexpertos.com/informes/mercado-latinoamericano-del-jarabe-del-almidon

As consumers are becoming more conscious about their health, they are increasingly shifting towards natural ingredients instead of synthetic ones, which is positively impacting the market growth. There is also a rising trend of clean labels and vegan products, leading to greater adoption of starch syrup to prepare different formulations. Furthermore, consumers’ preference for convenience food and growing e-commerce, which increases the sale of products like jams, bars, and snacks, facilitate the market’s growth.

Industry Definition and Major Segments

Starch syrup is a viscous liquid that is obtained through the enzymatic hydrolysis of corn starch with subsequent purification. It has extensive uses in the food industry as a thickener and sweetener. Starch syrups improve texture and flavor and adds volume and gloss to products along with improving product stability and extending their shelf life.

By starch type, the market is divided into:

Corn

Wheat

Tapioca

Potato

Others

Based on application, the market is segmented into:

Bakery

Beverages

Bars and Cereals

Confectionery and Snacks

Dressings and Sauces

Dairy

Pharmaceuticals

Brewing

Others

Based on syrup type, the industry is classified into:

Low-Conversion Glucose Syrup

Maltose Glucose Syrup

Maltose Syrup

High-Conversion Glucose Syrup

On the basis of the distribution channel, the market segments into:

Supermarkets / Hypermarkets

Convenience Store

Online

Others

Key regions covered include:

Brazil

Mexico

Argentina

Rest of Latin America

Market Trends

The starch syrup’s functional properties allow it to be easily incorporated into a wide range of food products, from bars and cereals to dairy, bakery, and confectionery. The growing population, rising urbanization, and increasing consumer disposable incomes impact the starch syrup market positively. Moreover, the ever-increasing trend of healthy eating habits among the consumers is leading to demand for natural ingredients in their food products and energy drinks, owing to which the demand for starch syrup is augmenting. Besides, key industry manufacturers are focusing on producing organic ingredients to meet the rising demand of the consumers, which propels the market further.

Key Industry Players

The major players in the industry are:

Tate & Lyle PLC

Cargill Inc.

Tereos Internacional SA.

Archer Daniels Midland Company

Roquette Frères

Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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