Canada Potato Starch Market Outlook (2018 to 2032)
Synopsis
The above chart is Canada Potato Starch Market Outlook (2018 to 2032)
Market Dynamics
the canada potato starch market is expected to generate steady growth during the forecast period 2018-2032. the increasing application of starch industry in sectors such as food processing, feed, and pharmaceuticals is a major factor driving the demand for potato starch in the country. the healthy and innovative consumption potential of potato starch products are further contributing to the growth of this market. the major driving factors of the canada potato starch market include increasing demand for health products, rising population and associated food industry, growing functional properties of starch industry products, innovations in the potato starch extractions, improved disease tolerant capabilities of potato crops, increasing investments and awareness of environmental effect of potato starch processing, and easy availability of raw material on the upper base of the market. the introduction of genetically modified potatoes has improved the crop output and hence driving the growth of this market. on the other hand, there are some potential constraints such as fluctuations in price of raw materials, safety and storage issues, lack of awareness about potato starch, and presence of some strategic restrictive policies. the major applications of potato starch include food processing, animal feed, and their pharmaceuticals. the food processing segment is the largest and fastest growing segment in the potato starch market. the rising popularity of starch products is motivated by the increasing dietary needs of consumers. potato starch has gained prominence in the food processing industry due to its excellent thickening, emulsifying, and gelling properties. the future trends of potato starch market in canada, include increasing application of potato starch in confectionery and snacks industry, improved farming techniques using biotechnology, rising disposable income and producer investments, and rising demand from asia-pacific markets. in conclusion, the canada potato starch market is anticipated to report steady growth during the forecast period 2018-2032 due to its increasing applications in food processing, feed, and pharmaceuticals. the introduction of genetically modified potatoes has improved crop output and hence driving the growth of this market. the future trends of potato starch market in canada, include increasing application of potato starch in confectionery and snacks industry, improved farming techniques using biotechnology, rising disposable income and producer investments, and rising demand from asia-pacific markets.