Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 342.82 Million | USD 550.35 Million | 5.4% | 2023 |
Zion Market Research has published a report on the global Starch Recovery Systems Market, estimating its value at USD 342.82 Million in 2023, with projections indicating that it will reach USD 550.35 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 5.4% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Starch Recovery Systems Market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
Starch recovery system is method to recover starch from potato using modern technology like centrifuge and hydrocyclons, owing to its massive demand for frozen potato products like French Fries. Starch recovery system helps to regain starch released during processing of potato.
Growing demand of the potato processing industry is the driving factor for starch recovery systems. The increasing demand of the frozen potato products is the key factor for growth of starch recovery systems. Apart from this, massive funding of research and development activities in food processing operations will push the starch recovery systems market revenue. Nonetheless, aspects such as high research & development costs along with lack of infrastructural growth are bound to pose a threat to the market surge.
Moreover, the rising environmental concerns and manufacturer’s preference for inexpensive manufacturing methods will catalyze the starch recovery systems market evolution over the ensuing years. The focus of the key players to accrue optimum profits through products will bring a transformation in the methods of starch recovery, thereby accelerating the market trends. The next-generation food processing technology is expected to witness a paradigm shift and this will further stimulate the business sphere in the years to come.
Report Attributes | Report Details |
---|---|
Report Name | Starch Recovery Systems Market |
Market Size in 2023 | USD 342.82 Million |
Market Forecast in 2032 | USD 550.35 Million |
Growth Rate | CAGR of 5.4% |
Number of Pages | 110 |
Key Companies Covered | Alfa Laval, Myande Group, Hiller GmbH, Stamex Technology, Andritz, Larsson Sweden, Flo-Mech, HAUS Centrifuge Technologies, Nivoba Hovex, Sino-Food Machinery, GEA, and Microtec Engineering Group |
Segments Covered | By Type, By end-user, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The starch recovery systems market can be segmented into component, plant size, and application.
Component wise, the starch recovery systems industry is classified into refining sieves, filling stations, hydrocyclones and centrifuges, screw conveyors, and vacuum filters.
On the basis of plant size, the market is classified into small, large, and medium plants.
Application wise, the starch recovery systems market is classified into dehydrated products, frozen products, and chips & snack pellets.
Based on the region, the starch recovery systems market can be divided into five main regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Asia Pacific starch recovery systems market is anticipated to experience a huge surge, owing to enhanced demand for processed potato items and rise in the working population preferring the processed food products. With an increase in the disposable income, altering lifestyles, and elevating popularity of functional food items, the potato processing sector is predicted to gain traction over the coming years. This, in turn, will scale up the growth of starch recovery systems industry. The intake of potato chips as snacks has become extremely common among school children, adults, and teenagers as well as elderly people in countries such as India and China. These factors are projected to propel starch recovery systems market expansion over the forthcoming years.
Huge presence of market players in the frozen potato processing sector witnessed in North America and Europe is predicted to drive the growth of starch recovery systems market in these regions.
Some of the main participants in starch recovery systems market are
By Component:
By Plant Size:
By Application:
FrequentlyAsked Questions
Growing demand of the potato processing industry is the driving factor for starch recovery systems. The increasing demand of the frozen potato products is the key factor for growth of starch recovery systems. Apart from this, massive funding of research and development activities in food processing operations will push the starch recovery systems market revenue. Nonetheless, aspects such as high research & development costs along with lack of infrastructural growth are bound to pose a threat to the market surge.
According to Zion Market Research, the global Starch Recovery Systems Market, estimating its value at USD 342.82 Million in 2023, with projections indicating that it will reach USD 550.35 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 5.4% over the forecast period 2024-2032.
Asia Pacific is anticipated to grow exponentially during the forecast period due to the growing market in the infrastructure sector like urbanization and industrialization.
Some of the main participants in starch recovery systems market are Alfa Laval, Myande Group, Hiller GmbH, Stamex Technology, Andritz, Larsson Sweden, Flo-Mech, HAUS Centrifuge Technologies, Nivoba Hovex, Sino-Food Machinery, GEA, and Microtec Engineering Group, among others.
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