Middle East and Africa Potato Starch Market Size to Grow At 3.32% CAGR From 2024 to 2030

Middle East and Africa Potato Starch Market size (2024-2030)

As per our research report, the Middle East and Africa Potato Starch Market size is estimated to be growing at a CAGR of 3.32% from 2024 to 2030.

Potato starch is a type of starch obtained from potatoes. It is found in the form of starch granules within the leucoplasts of potato tuber cells. The extraction process begins with crushing the potatoes to release the starch, which is then extracted from the broken cells. Afterward, the starch undergoes erosion and drying to enable precipitation. This refined potato starch, notable for its low protein and fat content, results in a powder that is bright white in color. When cooked, the starch displays a neutral flavor, excellent clarity, strong binding properties, a smooth texture, and does not produce foam or yellowing in the solution.

Starch granules are found within the cells of root tubers, and the extraction process entails crushing the potatoes to release these granules. The extracted granules then undergo cleaning and drying, resulting in a fine powder. Potato starch is a key ingredient in the manufacture of various food products such as potato chips, noodles, wine gums, cocktail nuts, hot dog sausages, bakery cream, instant soups, and sauces. Its diverse applications include serving as a binder, additive, thickening agent, and stabilizer in these food items.

Recently, the rise in the popularity of functional foods and dietary supplements has significantly encouraged healthy habits, driven by growing health concerns and the belief that diet directly impacts well-being. The demand for functional foods is mainly fueled by increased consumer awareness of micronutrient deficiencies, growing health concerns, a higher incidence of diseases, and rising disposable incomes. Additionally, the global increase in chronic diseases substantially boosts the demand for nutritional food.

In May 2022, Kerry Group opened a new manufacturing facility in Africa, marking a significant investment of EUR 38 million. Covering 10,000 square meters, this plant is dedicated to producing nutrition products, including food starches, to meet the consumption needs across the African continent. This facility is anticipated to enhance Kerry's Food and Beverage (F&B) production capacity by 40%, achieving an annual output of 40,000 tons.

KEY MARKET INSIGHTS:

  • Based on the Nature, the organic segment is expected to maintain the leading position during the forecast period. This rapid growth is mainly due to the increasing preference for sustainable and natural food options, along with a greater awareness of clean-label products. Organic foods are also seen as safer and healthier because they do not contain chemicals and pesticides, which further drives the expansion of this segment. Conversely, the conventional segment is projected to grow at a CAGR of 4.3% during the forecast period. Conventional potato starch is widely used in canned soups and blends for its thickening properties, particularly to achieve the desired viscosity. Additionally, it is a key ingredient in confectioner’s gelling agents, thickeners in pastry and pie fillings, and is essential in the preparation of instant puddings.
  • Based on the Type, the modified potato starch segment is expected to generate the largest share of revenue in the potato starch market. This leading position is driven by several key factors, including the growing use of modified potato starch across various industries such as food and beverages, pharmaceuticals, and the paper industry. The increased demand for modified potato starch is due to its improved functional properties in these applications.
  • Based on the Function, the thickener segment is projected to secure the largest share of the potato starch market. This significant market dominance is primarily driven by the rising use of potato starch as a thickening agent across multiple industries, such as food and beverages, pharmaceuticals, and the paper industry. The preference for potato starch is based on its superior functional properties, which are essential for providing thickness and texture in various food and beverage products. Additionally, its application in pharmaceuticals and the paper industry further boosts its substantial market share, as it helps maintain stable textures under various conditions to meet consumer preferences.
  • Based on the Application, the food and beverage segment is expected to exhibit the fastest growth rate during the forecast period. The increased demand and use of potato starch in the food and beverage, animal feed, and pharmaceutical industries are driven by growing awareness of health and wellbeing. In the pharmaceutical industry, starch plays a significant role as an excipient, especially in the production of tablets and other solid dosage forms, where it functions as a binder and disintegrant. Its performance in the presence of water is particularly important for pharmaceutical applications.
  • Based on the region, South Africa is the leading region in the Middle East and Africa Potato Starch Market in 2023. This regional dominance is attributed to several factors, including the popularity of potatoes in the region and the favorable climatic conditions for potato cultivation. These factors contribute to South Africa's significant market share in the Middle East and Africa Potato Starch Market.
  • Companies playing a leading role in the Middle East and Africa Potato Starch Market profiled in this report are Agrana Staerke GmbH, Avebe, Finnamyl Oy, AKV Langholt AmbA, Emsland Group, Cargill Incorporation, Ingredion Incorporated, Changhong Potato Starch CO., Ltd.

Middle East and Africa Potato Starch Market Segmentation:

By Nature:                       

  • Conventional Potato Starch
  • Organic Potato Starch

By Type:

  • Modified Potato starch
  • Native Potato Starch         

By Function:

  • Thickener
  • Binder
  • Stabilizer
  • Disintegrant
  • Other Functions  

 

By Application:

  • Food & Beverages
    • Bakery & Confectionery Products
    • Dairy Products
    • Soups & Sauces
    • Meat & Seafood Products
    • Other Food and Beverage Products
  • Paper Industry
  • Pharmaceuticals and Chemicals
  • Animal Feed
  • Other Applications

By Region:

  • United Arab Emirates
  • Saudi Arabia
  • Qatar
  • Israel
  • South Africa
  • Nigeria
  • Kenya
  • Egypt
  • Rest of MEA

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