GCC Potato Starch Market Overview:
The GCC potato starch market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. The market is projected to register a CAGR of X% during 2023-2028, reaching US$ XX Billion by 2028. Potato starch is a tasteless and odorless powder extracted from the root tubers of the potato plant. It offers a light and fluffy texture to baked goods, such as bread and muffins. As it has high-binding strength and minimal foaming properties, the demand for potato starch is rising across the GCC region.
There is currently an increase in the consumption of plant-based products among individuals residing in the GCC region. This, in confluence with the burgeoning pharmaceutical industry, represents one of the key factors driving the market. Moreover, potato starch assists in regulating blood sugar levels and absorbing minerals, such as magnesium and calcium. These health benefits are strengthening the growth of the market in the region.
The GCC potato starch market is currently witnessing a healthy growth. Starches are a long grain of glucose that is found in different grains, potatoes and various other food items. Potato starch is the starch that is extracted from potato tubers. Potato starch has its major application in food industry. It is used as water binder, thickener, anti-caking agent and bulking ingredient in food items and used extensively in bakery items, meat industry and confectionary products. It has low gelatinization temperature and high paste consistency. It is preferred in food application because of its good clarity and neutral flavour. Potato starch is tolerant to high temperatures than other forms of starch, and hence, is an excellent thickener for soups, stews and sauces. It adds moistness to any baked goods and is an essential ingredient in gluten-free baking. Rising demand for ready-to-mix and ready-to-eat products as well as bakery items in recent years are currently driving the growth of the market. Moreover, gluten-free diet is also getting popularity among consumers, which has further increased the demand for potato starch. Apart from food industry, potato starch is becoming a preferred choice for other industries such as paper industry, textile industry, adhesive industry, pharmaceuticals etc. These varied industrial applications are also catalysing the demand for potato starch.
GCC Potato Starch Market Segment Insights:
The report has assessed the GCC potato starch Market on the basis of category covering, native starch, modified starch and sweeteners. The report has further examined the market based on application including, food applications, industrial applications and others. On a regional basis, the report examines the Potato starch market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain . An evaluation of the competitive landscape has also been provided with the details of the key players operating in the GCC potato starch market.
Highlights of the GCC Potato Starch Market Report:
Key Market Segments:
The GCC potato starch market has been analysed as followed:
Segmentation by Category:
Segmentation by Application:
Segmentation by Country:
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