Organic Potato Starch Market Scope
Organic Potato Starch is defined as the larger-grained starch which gelatinises at relatively low temperatures. It is also known as potato starch flour. It offers various health benefits such as regulates blood sugar levels, carcinogenic compounds, absorption of toxic, among others. Increasing usage of organic potato starch in various application and rising disposal income among middle-class families are projected to drive the global organic potato starch market over the forecast period.
According to AMA, the Global Organic Potato Starch market is expected to see growth rate of 4.0%
The market is highly fragmented with the presence of various players in the market. Some of the major players which are operating in the market are Finnamyl Oy (Finland) and Anthony's Goods (United States), the cooperative Avebe U.A. (Netherland), among others. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Organic Potato Starch market throughout the predicted period.
Finnamyl Oy (Finland), Anthony's Goods (United States), The cooperative Avebe U.A. (Netherland), Emsland Food GmbH (Germany), Roquette Freres SA (France), Suedstaerke GmbH (Germany), Aloja Starkelsen SIA (Latvia), Pepees JSC Starchworks (Poland) and Ingredion Incorporated (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Lyckeby Culinar AB (Sweden), Western Polymer Corporation (United States), The Agrana Group (Austria), AKV Langholt (Denmark), Manitoba Starch Products (Canada), Heilongjiang Beidahuang Potato Industry Co Ltd (China), Huhhot Huaou Starch Products Co Ltd (China), Yupik.ca (Canada) and Shiloh Farms (Holland).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Organic Potato Starch market by Type (Natural Organic Potato Starch and Modified Organic Potato Starch), by Application (Soups, Sauces, Gravies, Batters, Baked Goods and Others) and Region with country level break-up.
On the basis of geography, the market of Organic Potato Starch has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
Ingredion Incorporated a leading global provider of ingredient solutions to diversified industries, announced that it has acquired the operations of Western Polymer, a privately held, U.S.-based company headquartered in Moses Lake, Washington that produces native and modified potato starches for food and industrial applications and also sells modified tapioca starch for industrial applications.
In July 2018, the Ingredion Incorporated Company has launched potato starches, which is used in various application. Hence, this launch will increase the product portfolio of the company.
Market Trend
- Increasing Number of Customer from Online Channel
Market Drivers
- Growing Usage of Organic Potato Starch in Various Application
- Rapid Increase in Population and Changing Lifestyle Coupled with Disposable Income
Opportunities
- Growing Demand from Emerging Market such as China, India, among others
Restraints
- Availability of substitute in the market such as Tapioca Starch
- Fluctuations in the Cost of Chemicals as well as Fertilizers
Challenges
- Issue related to Price Volatility of Raw Material and Potatoes owing to Climatic Changes
Key Target Audience
Manufacturers of Organic Potato Starch, Suppliers of Organic Potato Starch, Wholesalers, Distributors and Retailers of Organic Potato Starch, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others