Potato starch is obtained by drying the precipitate obtained from cleaned potatoes after being powdered, filtered, and precipitated. It is a colorless and odorless powder with functions such as thickening, improving transparency, and maintaining moisture.

Overview of Market Development

The European potato starch market holds an important position in the global market. With the increasing concern for food safety and quality, the demand for potato starch in the food processing field in Europe continues to grow. In addition, the development of industrial production has also provided more opportunities for the potato starch market, especially in areas such as pulp and paper industry, and textile and fiber industry.

According to our research data, the revenue of the European potato starch market in 2023 was $1334 million, an increase of 3.99% compared to 2022. In the future, the application of new production technologies and processes will help improve the quality and purity of potato starch, which will promote further market expansion. It is expected that by 2028, the market size of potato starch in Europe will increase to $1632 million.

In addition, with the increasing demand for healthy and natural food from consumers, the European potato starch market will develop towards high-quality, green, and environmentally friendly directions. Therefore, manufacturers who can provide products that conform to this trend will be more competitive.

Segmented Market Analysis

From the perspective of product types, potato starch can usually be classified into food-grade potato starch and industrial-grade potato starch based on different uses and quality standards. Food-grade potato starch is mainly used in the field of food processing, such as bread, pastries, candies, beverages, etc. It has certain transparency, gel properties, and viscosity, and can be used as a thickener, coagulant, viscosities, humectant, etc. Industrial-grade potato starch is mainly used in industrial fields, such as pulp processing, textile production, papermaking industry, etc. Its main characteristics are high viscosity, good fiber structure, and suitability for bonding, filling, and coating processes.

Research has shown that food-grade potato starch dominates the market among the two types of potato starch. According to data, the European food-grade potato starch segment market size in 2023 was $937 million, with a market share of 70.24%.

From the perspective of downstream application patterns, the application of potato starch involves multiple industries such as food, textiles, paper, pharmaceuticals, and personal care. Among them, the food industry is the largest downstream application market, with an application share of 65.07% in 2023.

 

Source: www.globalmarketmonitor.com

Analysis of Market Competition Pattern

From the perspective of market competition, the concentration of the potato starch market in Europe is moderate. The data shows that in 2023, the total output value of potato starch from the top 3 enterprises in the industry was $582 million, with a total share of 43.70%. The top three companies were Avebe, Emsland Group, and KMC. In 2023, these three companies accounted for 19.81%, 12.09%, and 11.80% of the potato starch production value in the European market, respectively.

Potato Starch Output Value and Share of Main Companies in 2023

Companies	Output Value (Million USD)	Share
Avebe	264	19.81%
Emsland Group	161	12.09%
KMC	157	11.80%
Top3	582	43.70%