GCC Potato Starch Market: Market Size, Share, Trends, Industry Analysis, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the GCC potato starch market based on its segments including type, end-use, and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter's Five Forces models.
Report Metrics
Historical Year: 2017-2022
Base Year: 2022
Forecast Year: 2023-2028
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Potato starch refers to an odorless, soft, and tasteless powder having minimal fat or protein obtained from root tubers of the potato plant. In line with this, it has a high-binding strength and minimal foaming. Potato starch provides a light and fluffy texture to baked goods, such as muffins and bread. Consequently, it finds wide-ranging applications in the food and beverage (F&B) industry as a binder, thickener, additive, stabilizer, etc., for preparing potato chips, noodles, wine gums, cocktail nuts, hot dog sausages, instant soups and sauces, etc. Furthermore, potato starch is extensively utilized in various industries, including pulp and paper, textile, pharmaceuticals, etc.
GCC Potato Starch Market Industry Trends and Drivers:
The expanding food processing industry and the escalating demand for convenience meals are primarily driving the GCC potato starch market. Additionally, the widespread adoption of this powder to add weight and stiffen fabrics is further bolstering the market growth. Besides this, the growing utilization of potato starch as an excipient in the production of pharmaceuticals and in regulating blood sugar levels and absorbing minerals, such as calcium and magnesium, is acting as another significant growth-inducing factor. Moreover, the increasing consumer health concerns, the emerging trends of veganism and vegan diets, and the inflating popularity of plant-based products are also augmenting the market growth across GCC. Apart from this, the introduction of bioplastics and the rising investments in R&D activities aimed at developing variants by using specialty enzymes, organic solvents, chemicals, etc., are projected to fuel the GCC potato starch market in the coming years.
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GCC Potato Starch Market Segmentation:
The market is segmented on the basis of type, end-use, and region.
Competitive Landscape:
The report also provides insights on the competitive landscape of the potato starch market with the leading players profiled in the report.
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