Turkey Potato Starch Market Outlook

the turkey potato starch market outlook 2018 to 2032 displays increasing demand and growth in all aspects. turkey’s starches use in food and industrial applications have been driving demand in the market. domestic demand for potatoes has been growing steadily since the late 1990s. rising demand for organic potato starch has provided an additional boost to the market. in 2018, the production of potatoes in turkey increased significantly compared to 2017, due to favorable weather conditions. an increase in exports, coupled with a rise in imports has helped to drive the growth of the market. increase in export prices of potato starch, together with a decrease in import price, have acted as a key factor for the growth the market. with major suppliers, including germany, france, canada and the netherlands, it is expected that imports will remain high throughout the forecast period. domestic production has also benefited from the launch of several production sites for organic potato starch and starches for food applications, such as confectionery, bakery and dairy products. additionally, the increase in investment in food processing, packaging and nutrition in turkey has generated an increase in demand for starches and potato derivatives in the country. driven by growing consumption, the market share of potatoes in turkey is set to grow in the next ten years, especially in the industrial segment. growth in the demand for organic potatoes is likely to remain strong, with several local producers providing organic potato starch. in the food segment, increased demand from the emerging snack foods, confectionary, bakery and dairy segments will fuel demand. with manufacturers expanding their production capacity, competition in the market is set to remain stiff. to conclude, the outlook for the turkey potato starch market between 2018 – 2032 is positive. increasing demand from local producers and the launch of organic potato starches will boost the market. moreover, growth in the food segment, coupled with the growing demand for industrial application is likely to drive the market forward.