Global Modified Potato Starch Market 2019-2023
About this market
The market has witnessed an increasing demand for precision farming in developed and developing countries, which will increase potato yield, and thereby improve the production of modified potato starches. The precision farming is a farming management technique that uses limited resources and factors such as low cost, limited availability of land, and improved farming practices. The technique provides farmers information on soil fertility, moisture content, and other conditions. Technavio’s market research analysts have predicted that the modified potato starch will register a CAGR of more than 4% by 2023.
Superior properties of modified potato starch
Modified starches are preferred to native starches because of their superior properties. Modified starch is used in the food and beverages, textile, pharmaceutical and paper industries because of its superior properties.
Stringent regulations and policies
Regulation on food additives, such as modified potato starch which are directly in food products can pose challenges in the market. Limitations on the use of different compounds for esterification, enzymatic actions, bleaching treatment and other processes can affect the production of modified starch.
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The modified potato starch is fragmented with the presence of numerous established manufacturers. The vendors in the market are moving towards precise farming techniques which provides better yields with low production cost than conventional practices. The market has witnessed an increase in R&D activities and construction of production capacities for producing modified potato starch. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
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