Organic Potato Starch Market Key Players, Trends, Growth Opportunities and Industry Forecast till 2023
“Increase in demand from food and beverage industry, growth in consumption of potato starch, and latest developments in potato starch is trending in the market.�
Global organic potato starch market is anticipated to grow significantly in the forecast period due to increased consumption of convenience food products. Organic potato, also known as potato flour, is made from high quality starch potatoes. It is a natural, pure and preservative-free product that is ideally used for baking and cooking. Organic potato starch is derived from the extensive washing process followed by separation of starch in potatoes for production of powder. Its high water binding capacity makes it ideal to be used in soups, sauces, desserts, gravies, dairy products, meat industry, etc. The major drivers of organic potato starch market include increase in application of organic potato starch, rise in disposable income of consumers in developing economies, high demand from chemical industry due to adhesive property, increase in demand from paper industry due to adhesive and film- forming characteristics, growing demand from pharmaceuticals for anti-biotic production, and rise in demand from textile industry for finished fabrics and stiffens. However, unstable prices of agricultural products, affecting the production of potatoes is hampering the market growth. Increase in demand from food and beverage industry, growth in consumption of potato starch, and latest developments in potato starch is trending in the market. Nonetheless, climate irregularity and season variations is challenging the market. Uneven rainfall patterns adversely affect agricultural production in most regions, resulting in unstable variations in input and output prices. Organic potato starch market is categorized on the basis of type, application, distribution channel, and geography. Based on product type, market is divided into modified organic potato starch and natural organic potato starch. Modified organic potato starch segment is predicted to lead the market in the coming years due