Global Modified Potato Starch Market Overview:
Modified potato starch refers to modification and alteration of native potato starch through physical, chemical or enzymatic methods to improve its functionality and specification. Rising popularity of convenience foods and processed foods is a major growth factor for the modified potato starch market, primarily due to its ability to improve the texture, stability, and shelf life of various foods. Robust Growth of food industry in Asia Pacific region due to rising disposable incomes and demand is expected to create noteworthy opportunities for the market. Further, manufacturers are increasingly focusing on minimally processed potato starch to meet growing consumer demand for organic and natural ingredients which is expected to fuel growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Focus on Innovation and Development of Modified Starches With Specific Functionalities to Expand Its Applications
Market Growth Drivers:
Change in Lifestyle and Demand for Convenience and Processed Food Across the Globe and Increasing Use of Modified Potato Starch for Thickening and Gelling Applications in Food & Beverages
Challenges:
Easy Availability of Other Potato Starch Alternatives in Global Market
Restraints:
Fluctuating Price of Potato Due to Crop Yields and Weather Conditions May Affect the Growth
Opportunities:
Growing Popularity of Gluten Free Products May Create Opportunities
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, better technical characteristics. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market.
Some of the key players profiled in the report are Emsland Group (Germany), AGRANA Beteiligungs-AG (Austria), Cargill, Incorporated (United States), Ingredion (United States), AVEBE (Netherlands), KMC (Denmark), Samyang Corporation (South Korea), Starch Europe (Belgium), AKV Langholt (Denmark) and Birkamidon (Germany). Analyst at AMA Research see European Vendors to retain maximum share of Global Modified Potato Starch market by 2030. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Modified Potato Starch market. Considering Market by Modification Method, the sub-segment i.e. Physical Modification will boost the Modified Potato Starch market. Considering Market by Grade Type, the sub-segment i.e. Food Grade will boost the Modified Potato Starch market.
What Can be Explored with the Modified Potato Starch Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Modified Potato Starch Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Modified Potato Starch
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Modified Potato Starch market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Modified Potato Starch market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Modified Potato Starch Manufacturers, Suppliers & Distributors, Venture Capitalists and Private Equity Firms, Government Bodies, Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.