Global Potato Powder Market by Product Types, Nature, End-users, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026.
The global potato powder market was valued at USD 5 billion in 2019 and is projected to reach over USD 8 billion by 2026, expanding at a CAGR of more than 6% during the forecast period, 2020–2026. The growth of the market is attributed to the growing utilization across various industries worldwide.
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Potato powder is a yellow-white powder arranged from dried entire potatoes with or without skin. It is a rich wellspring of nutrients B6, nutrient C, potassium, manganese, and fiber. The flour offers season like potatoes and considered as a decent trade for gaur gum or thickener in gluten free heating. Being a decent dampness retainer, Potato flour is utilized to make pastry shop items, such as cakes and breads. Furthermore, it is additionally utilized as thickener for flavors, soups, and sauces alongside different fixings.
Market Trends, Drivers, Restraints, and Opportunities:
- Rising number of on-the-go customers and ready-to-eat food is driving the growth of the market.
- Growing demand of gluten free and low cholesterol food products is a favorable factor driving the market growth.
- Increasing availability of substitutes such as artificial agents is acting as a restraint for the growth of the market.
- Rising cost of fertilizers is increasing the cost of potato production which is a restraint in the market growth.
- The use of latest farming technologies such as smart harvest is opportunities for the growth of the market.
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Competitive Landscape:
Some of the other key players operating in the market include Emsland Group, Cargill, Inc., SÜDSTÄRKE GMBH, PEPEES Group, Ingredion, Novidon, Avebe, AGRANA Beteiligungs-AG, Tereos, AKV Langholt, Finnamyl Ltd, Roquette, Vimal PPCE, ALOJA-STARKELSEN, Lyckeby, PPZ Trzemeszno Sp., and Starch Pvt. Ltd.. The major market players gain edge in the market by activities of mergers & acquisitions and investing in research & development to offer various product offerings.
The global potato powder market has been segmented on the basis of
Product types
- Native
- Modified
Nature
- Organic
- Conventional
End-users
- Food Industry
- Paper Industry
- Others
Regions
- Asia Pacific
- China
- India
- Japan
North America
- S.
- Canada
Latin America
- Brazil
- Mexico
Europe
- Germany
- K.
- France
Middle East & Africa
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Table of Contents
- Executive Summary
- Assumptions and Acronyms Used
- Research Methodology
- Potato Powder Market Overview
- Global Potato Powder Market Analysis and Forecast by Type
- Global Potato Powder Market Analysis and Forecast by Application
- Global Potato Powder Market Analysis and Forecast by Sales Channel
- Global Potato Powder Market Analysis and Forecast by Region
- North Potato Powder Market Analysis and Forecast
- Latin Potato Powder Market Analysis and Forecast
- Europe Potato Powder Market Analysis and Forecast
- Asia Pacific Potato Powder Market Analysis and Forecast
- Middle East & Africa Potato Powder Market Analysis and Forecast
- Competition Landscape
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