Potato Starch Market Recent Developments 2019-2024
Recent Developments
Cargill is growing its arrangement of mark inviting useful local starches with the expansion of three potato starches intended for meat, meat choices and culinary applications. The items will be accessible worldwide under the SimPure brand.
The SimPure local starch portfolio was propelled in October 2017 to address customer interest for mark agreeable items. The principal customized starch, SimPure 99560, was intended to successfully supplant adjusted starches in solidified dinners and moderate cooked meats. Prior this year, Cargill and its Danish potato starch accomplice, AKV Langholt AmbA, put resources into another potato starch creation unit at their Langholt office in Denmark which was authoritatively initiated on the August 24. The new SimPure items have been delivered at this cutting edge handling office, with more items being developed, as per Cargill.
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Market Segmentation
Market Data Forecast published a report named Potato Starch Market was worth USD xx billion in 2019and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2024.
Report segmented as:
Type:
- GMO
- Non-GMO
Application:
- Dairy
- Confectionery
- Soups and sauces
- Bakery products
- Meat
- Industrial
Based on the type, the non-GMO segment is expected to grow at a high rate. Under application, it is expected that the dairy, bakery and met segments are to perform well in the coming years.
Geographical Segmentation:
Based on geography, the market is analyzed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Potato Starch market was dominated by North America and Europe from a consumption point of view. The Asia Pacific and Latin America are to witness significant growth. From the production point, Asia and Europe dominate the market.
Key Market Players:
- Avebe
- Agrana Staerke GmbH
- AKV Langholt AmbA
- Changhong Potato Starch Co., Ltd.
- Emsland Group, Finnamyl Oy
- Manitoba Starch Products
- Ingredion Incorporated
- Cargill Incorporated
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The Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook on the market along with recommendations from industry experts on the opportunities for investment activity.
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