Potato Starch Market

Market Leaders - Potato Starch Market

The global potato starch market is estimated to be valued at USD 4.3 billion in 2022. It is projected to reach USD  5.2 billion by 2027, recording a CAGR of 3.7% during the forecast period. Starch is a large carbohydrate molecule made up of long chains of glucose molecules. There are two main configurations of these glucose chains: amylopectin and amylose. Potato starch powders are made by extracting that potato starch from the potato. It can contain a few other minor ingredients that are naturally present in the potato and get extracted out as well, but close to 100% is starch. Starch, with its key functionalities, is a key source of glucose for energy and also contributes to the palatability of food. It thus becomes an important ingredient to address the key highlights of convenience foods.

Key players in this market include Tate & Lyle (UK), Emsland (Germany), Südstärke GMBH (Germany), Ingredion Incorporated (US), and Avebe (Netherlands)

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Tate & Lyle is engaged in the manufacturing and marketing of food and industrial ingredients. It operates through three business segments, namely products, food & beverage solutions, and sucralose. These three business units are sustained by globalized support services, innovation & commercial development, and global operation groups. It serves a broad range of applications in food & packages, animal feed, industrial, pharmaceuticals & personal care. Starch products are offered through its primary products business segment. The company has expanded its global presence by acquiring new facilities. It continuously upgrades its portfolio by launching new products. It also focuses on the geographical expansion of production facilities and sales centers in countries such as China and Japan. In February 2021 Tate & Lyle completed the acquisition of 85% shareholdings in Chaodee Modified Starch Co., Ltd. Based in Thailand. The acquisition was made to broaden its product portfolio while expanding its presence in the Asia Pacific region.

Avebe is engaged in the production and marketing of potato-based starch and proteins to the food, feed, paper, building, textile, and adhesive industries. The company markets its products under the following brands: Eliane, Etenia, Solanic, Casucol, Solvitose, and Protamylasse. It manufactures its products in the Netherlands as well as in other European countries with production sites in the Netherlands, Germany, and Sweden. Avebe U.A. (Netherlands) has three organizational units, namely Avebe Commerce, Avebe Operations, and Avebe Agro. Avebe Agro is involved in the processing of potatoes. Avebe Commerce is engaged in the innovation, marketing, and sales of starch products, protein, and fibers. Avebe Operations is responsible for production, logistics, procurement, and maintenance. It manufactures products for food, industrial and animal nutrition. In April 2021 Averis Seeds B.V., a wholly-owned subsidiary of Avebe, entered into a partnership with the hybrid potato breeding company, Solynta, on the hybrid breeding of starch potato varieties. Hybrid breeding facilitates significantly faster development of new sustainable potato varieties compared to conventional breeding.

Emsland, formerly known as Emsland-Stärke Hunekuhl & Co. KG, is engaged in the production and marketing of potato starch, processed peas products, and other derivatives for the food, textile, additive, pet food, animal feed, paper, chemicals, pharmaceuticals, construction, dye, oil industries, and technical sectors in Germany and internationally. It markets its products in over 100 countries, including Germany, China, Turkey, the US, Argentina, and Dubai. It has a strong distribution network for its products in Asia, South America, the US, and Turkey. It operates as a subsidiary of Beteiligungs Gesellschaft Emsland-Stärke Ag. In July 2020 Emsland Group entered into a strategic partnership with the Brenntag Group (Russia). This strategic decision has reorganized the sales structure of the Emsland Group in Russia. Brenntag took over the distribution of Emsland’s product portfolio for the food industry. The product portfolio also includes technical specialty products, such as native starches, modified starches, proteins, and fibers from peas and potatoes.

Related Reports:

Potato Starch Market by Type (Native, Modified), End-User (Food & Beverages, Feed, and Industrial), Nature (Conventional, Organic), and Region (North America, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2027

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Report Code
FB 8039
RI Published ON
2/3/2022
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