The Global Potato Starch Market Size to Reach USD762.63m by 2026

The global potato starch market size is expected to reach USD762.63m by 2026, exhibiting a 6.2% increase during the forecast period (2019-2026).
According to the report, published by Fortune Business Insights, the market size stood at USD473.06m in 2018.
“The increasing focus of consumers towards a sugar-free diet and a healthy lifestyle will enable the growth of the market during the forecast period. […] The rising consumption of sugar-free products and preferred sweeteners and their by-products to avoid diseases, and associated issues will create lucrative sales opportunities for the market. Furthermore, the increasing utilization of potato starch in the processing of sugar-free food products by manufacturers is predicted to accelerate the potato starch market share in the forthcoming year. Additionally, the rising shift in consumer eating choices is expected to encourage the growth of the market in the forthcoming years. Moreover, the increasing development of sweeteners in the food industry will enable speedy growth of the market in the foreseeable future,” according to a recent press release.
Europe generated a revenue of USD92.14m and is predicted to grow rapidly during the forecast period.
“The growing demand for potato starch from the Food and Beverage Industry will enable growth in Europe. The increasing consumption of convenience food products in the region will encourage the growth of the market in Europe. Asia Pacific is expected to hold the second-largest market share in terms of value in the potato starch market owing to the flourishing textile and paper industry,” the experts added.