World Sweet Potato Starch Market - Forecast(2021 - 2026)

Report Code: FBR 33012 Report Format: PDF + Excel (Delivery in 48 Hrs)

Sweet Potato Starch Market Overview

Sweet Potato Starch Market size was estimated at $520million in 2019 and is projected to grow at a CAGR of 3.8% during the forecast period 2020-2025. Sweet potato is the raw material of sweet potato starch which is made from fresh sweet potatoes or from its dried chips. This starch has higher gelatinization temperature and lower adsorption of heat, which has many industrial applications such as sweeteners, citric acid, beverages, noodle processing, industrial alcohol, ethanol, fuel, and derived goods such as maltose. Sweet potatoes starch is rich in beta carotene, which is converted into vitamin E in the body, it consists of vitamin C, potassium which decreases the heart diseases risks, manganese, vitamin B6, vitamin B5 and vitamin E that are vital for growth, metabolism and development and it offers various antioxidants which helps and protects against certain cancers owing to which there is increased demand. Companies in China and India, on the other hand are throwing more focus on direct sales to increase the revenue. 
There are several companies in the market that make rivalry very fierce and it makes the costs of various brands more and more expensive. The price of sweet potato starch is also influenced by the price of constant fluctuating raw material which poses a major challenge to the market.  However, the wide range of applications of Sweet potato Starch is anticipated to drive the market.

Sweet Potato Starch Market Report Coverage

The report: “Sweet Potato Starch Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Sweet Potato Starch Market. 
By Product: Fresh Type, Dried Type
By End User: Food & Beverages, Textile & Paper
By Geography: North America, Asia-Pacific, Europe, Rest of World

Key Takeaways

  • Geographically, Asia Sweet Potato Starch Market accounted for the 44% revenue share in 2019 and it is predicted to dominate during the forecast period 2020-2025 owing to the high demand for Sweet Potato Starch in this region. 
  • Increased demand for the sweet potato starch as an alternative for the bakery flour and as a thickener in different region of the world are driving the market.
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Sweet Potato Starch Market.

Sweet Potato Starch Market Segment Analysis - By End Use

The End-Use segment of the Sweet Potato Starch Market has Food & Beverage, Textile, and Paper & Adhesives. The Food & Beverage segment of the Sweet Potato Starch Market accounts for the largest market share and expected to grow at 3.4 % CAGR due to their wide use in various forms of food such as sweeteners, thickeners, soups, noodles and more. The textile segment accounts for the second-largest market share. As the starch is used in textile sizing like as cotton yarn sizing. The properties of the sweet potato starch is similar to that of cotton and rayon chemically and thus has good adhesion.

Sweet Potato Starch Market Segment Analysis - By Geography

Based on Geography the global Sweet Potato Starch Market is segmented into North America, Europe, Asia-Pacific and Rest of the World. Asia dominated the market share with 44% in the year 2019 owing to the high consumption of sweet potato in this region. Whereas rest of the world including South America and Africa is also displaying a significant share of value in the global market for sweet potato starch and the key factor is the rise in the use of sweet potato starch in their food items. However, Europe is showing the fastest rise in the global demand for sweet potato starch due to increased expenditure on foods and improvements in eating habits in the region. 

Sweet Potato Starch Market Drivers

Growing demand for Enriched Flour:

The growing trend in health awareness is projected to have a positive effect on the global demand for sweet potato starch. The sweet potato starch is versatile and has a higher nutrient value than any other starch such as wheat and soya. It is high in sugars, vitamins, calories, iron and is gluten-free. This makes it appealing to customers, in a particular professional athletes and sportsmen who drink it for instant energy and carbohydrates. As a result, manufactures are expected to increasingly include sweet potato starch into their products. 

Alternative for Bakery flours:

The starch of sweet potato can be milled into flour to make it gluten-free bakery products. As the market for Asian food is growing across the world and the sweet potato being a prime ingredient in this food is driving the market of Sweet Potato Starch Market. Currently it’s becoming an easy substitute for wheat flour. The producers of these flour are marketing it as an alternative for the wheat flour for the bakery use. Items such as bread, muffins, and cakes are now fully made of sweet potato flour. 

Sweet Potato Starch Market Challenges

Quality of Raw Materials:

The raw materials, fresh sweet potatoes are combined with sweet potatoes, water damage, frozen sweet potatoes or sweet potatoes with so much impurity, which decreases the yield of the powder. Thus, in the sweet potato starch processing line quality must be strictly regulated.

Improper Crushing:

The starch of sweet potatoes is present in its tuber. The sweet potatoes must be finely crushed to moist starch granules. If the grinding is too rough, the starch in the unbroken cells will be difficult to separate, which will affect the starch yield. And if the grinding is too fine then the temperature of the raw materials is likely to increase, and some of them easily gets gelatinised which could affect after the separation

Sweet Potato Starch Market Industry Outlook

Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Sweet Potato Starch Market. In 2019, Sweet Potato Starch Market share is fragmented by the top ten players present in the market. Sweet Potato Starch Market top 10 companies are SUNAS, Rich Moon, Abundant States, SAI RAM, Guang You, Liuxu Food, Shandong Huaqiang, Henan Tianyu, Shanxi Dongbao, Baijia Food.

Acquisitions/Product Launches

  • Baijia Food, a Chinese producer of high-end instant noodles and other convenience foods, has raised $28million in the series B round led by GL ventures, a subsidiary of Beijing-based private equity company Hillhouse Capital.

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1. Sweet Potato Starch Market- Overview
    1.1 Definitions and Scope
2. Sweet Potato Starch Market- Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product Type 
    2.3 Key trends by End-Use
    2.4 Key trends by Geography
3. Sweet Potato Starch Market– Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Sweet Potato Starch Market- Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Sweet Potato Starch Market– Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Sweet Potato Starch Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Sweet Potato Starch Market– Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Sweet Potato Starch Market– By Product Type of Test(Market Size –$Million/$Billion)
    8.1 Fresh Type
    8.2 Dried Type
9. Sweet Potato Starch Market– By End Use(Market Size –$Million/$Billion)
    9.1 Food & Beverages
    9.2 Textile & Paper
10. Sweet Potato Starch Market-  By Geography (Market Size –$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 U.K.
        10.2.2 Germany
        10.2.3 France
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 India
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 Australia & New Zealand
        10.3.6 Rest of Asia-Pacific
    10.4 Rest of the World
        10.4.1 Middle East
        10.4.2 Africa
        10.4.3 South America
11. Sweet Potato Starch Market- Entropy
12. Sweet Potato Starch Market– Industry/Segment Competition Landscape      Premium  
    12.1 Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key companies
        12.1.3 Market Share by Countries – Key Companies
        12.1.4 Best Practices for Companies
13. Sweet Potato Starch Market– Key Company List by Country Premium  Premium
Sweet Potato Starch Market Company Analysis
    13.1 Company 1
    13.2 Company 2
    13.3 Company 3
    13.4 Company 4
    13.5 Company 5
    13.6 Company 6
    13.7 Company 7
    13.8 Company 8
    13.9 Company 9 
    13.10 Company 10
"*Financials for private companies would be provided on a best efforts basis*"

LIST OF TABLES

1.Global Market by Vendors Market 2020-2025 ($M)
1.1 Vendor Profile Market 2020-2025 ($M) - Global Industry Research
1.2 Dynamic of Vendors Market 2020-2025 ($M) - Global Industry Research
2.Global Market by Type Market 2020-2025 ($M)
3.Global Market by End-Use / Application Market 2020-2025 ($M)
3.1 Professional Needs Market 2020-2025 ($M) - Global Industry Research
4.Global Market by Vendors Market 2020-2025(Volume/Units)
4.1 Vendor Profile Market 2020-2025(Volume/Units) - Global Industry Research
4.2 Dynamic of Vendors Market 2020-2025(Volume/Units) - Global Industry Research
5.Global Market by Type Market 2020-2025(Volume/Units)
6.Global Market by End-Use / Application Market 2020-2025(Volume/Units)
6.1 Professional Needs Market 2020-2025(Volume/Units) - Global Industry Research
7.North America Market by Vendors Market 2020-2025 ($M)
7.1 Vendor Profile Market 2020-2025 ($M) - Regional Industry Research
7.2 Dynamic of Vendors Market 2020-2025 ($M) - Regional Industry Research
8.North America Market by Type Market 2020-2025 ($M)
9.North America Market by End-Use / Application Market 2020-2025 ($M)
9.1 Professional Needs Market 2020-2025 ($M) - Regional Industry Research
10.South America Market by Vendors Market 2020-2025 ($M)
10.1 Vendor Profile Market 2020-2025 ($M) - Regional Industry Research
10.2 Dynamic of Vendors Market 2020-2025 ($M) - Regional Industry Research
11.South America Market by Type Market 2020-2025 ($M)
12.South America Market by End-Use / Application Market 2020-2025 ($M)
12.1 Professional Needs Market 2020-2025 ($M) - Regional Industry Research
13.Europe Market by Vendors Market 2020-2025 ($M)
13.1 Vendor Profile Market 2020-2025 ($M) - Regional Industry Research
13.2 Dynamic of Vendors Market 2020-2025 ($M) - Regional Industry Research
14.Europe Market by Type Market 2020-2025 ($M)
15.Europe Market by End-Use / Application Market 2020-2025 ($M)
15.1 Professional Needs Market 2020-2025 ($M) - Regional Industry Research
16.APAC Market by Vendors Market 2020-2025 ($M)
16.1 Vendor Profile Market 2020-2025 ($M) - Regional Industry Research
16.2 Dynamic of Vendors Market 2020-2025 ($M) - Regional Industry Research
17. APAC Market by Type Market 2020-2025 ($M)
18. APAC Market by End-Use / Application Market 2020-2025 ($M)
18.1 Professional Needs Market 2020-2025 ($M) - Regional Industry Research
19.MENA Market by Vendors Market 2020-2025 ($M)
19.1 Vendor Profile Market 2020-2025 ($M) - Regional Industry Research
19.2 Dynamic of Vendors Market 2020-2025 ($M) - Regional Industry Research
20. MENA Market by Type Market 2020-2025 ($M)
21. MENA Market by End-Use / Application Market 2020-2025 ($M)
21.1 Professional Needs Market 2020-2025 ($M) - Regional Industry Research

LIST OF FIGURES

1. US World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
2. Canada World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
3. Mexico World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
4. Brazil World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
5. Argentina World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
6. Peru World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
7. Colombia World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
8. Chile World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
9. Rest of South America World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
10. UK World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
11. Germany World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
12. France World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
13. Italy World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
14. Spain World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
15. Rest of Europe World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
16. China World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
17. India World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
18. Japan World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
19. South Korea World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
20. South Africa World Sweet Potato Starch Market Revenue, 2020-2025 ($M)
21. North America World Sweet Potato Starch By Application
22. South America World Sweet Potato Starch By Application
23. Europe World Sweet Potato Starch By Application
24. APAC World Sweet Potato Starch By Application
25. MENA World Sweet Potato Starch By Application