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Starch recovery systems market Size, Share, Trends, Analysis, Growth, Forecast

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vikash singh
Starch recovery systems market Size, Share, Trends, Analysis, Growth, Forecast

According to a new report published by UnivDatos Markets Insights, the starch recovery systems market is expected to grow at a steady rate of around CAGR of 5.5% from 2022 to 2028. The analysis has been segmented into Component Type (Refining Sieves, Hydro Cyclones And Centrifuges, Vacuum Filters, Screw Conveyors, Filling Stations); Plant Size Type (Small, Medium, Large); Application Type (Frozen Products, Chips & Snack Pellets, Dehydrated Products and Others); Region/Country.

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The starch recovery systems market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the starch recovery systems market. The starch recovery systems market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the starch recovery systems market at the global and regional levels.

Market Overview

The market for starch recovery systems is anticipated to grow over the future years as a result of potato processing activities and rising snack food consumption, such as frozen potato products. In addition, significant funding of R&D activities in food processing operations by top market players drive the market for starch recovery systems. For instance, in June 2018, Alfa Laval introduced a new disc stack separator called UniDisc. This allows higher flow rate, better separation performance and superior hygiene because it consists of Seamless weld-free caulk design. These rapid product launch is expected to drive the market during the forthcoming years.

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Some of the major players operating in the market include GEA Group Aktiengesellschaft; Alfa Laval; Andritz; SiccaDania; Microtec Engineering Group Pty Ltd; Myande Group; G. Larsson Starch Technology AB; Sino-Food Machinery Co, Ltd.; Flo-Mech; Hiller Separation & Process.

COVID-19 Impact

The coronavirus pandemic has generally had a negative effect on the market for starch recovery devices. Due to the reduction in sales caused by the shutdown of public marketplaces, traders in the sector have taken a beating. Government support for companies in the starch recovery systems sector is essential to sustaining operations and recovering after the pandemic because a bigger proportion of the workforce in the sector is now working from home. While rising food costs are a result of population growth and rising standards of living, the limits and preventive measures put in place to stop the spread of the disease are having an impact on transportation and logistics for the purchase of vital potato crop. An employee scarcity in agriculture is having a negative effect on the market as a whole due to the slowdown in the economy.

·        Based on component type, the market is segmented into refining sieves, hydro cyclones and centrifuges, vacuum filters, screw conveyors and filling stations. Hydro cyclones and centrifuges category is expected to witness a higher CAGR during the forecast period. Hydro cyclones and centrifuges recovery system mainly used for its multifunctionality and high-yielding qualities by the starch recovery industries. Improved eco-efficiency in potato processing is driving uptake of starch recovery systems and driving up demand for centrifuges and hydrocyclones.

·        Based on plant size type, the market is segmented into small, medium and large. Large plant size segment held a dominant market share in 2020.  The main factor contributing to the success of large plant sizes is the availability of capital. With the aid of money, large-scale enterprises quickly and easily adopt the most cutting-edge starch recovery technologies, which helps them become major players in their industry and large-scale facilities are also concentrating on an environment friendly method of producing starch from potato wastewater.

·        Based on application type, the market is segmented into frozen products, chips & snack pellets, dehydrated products and others. The frozen products segment held a significant share in the market in 2020, due to rise in popularity of frozen potatoes among consumers as they offer variety of flavors and for their extended shelf life, and versatile use. Moreover, rising urbanization and the trend of busy lifestyle is also expected to drive segmental growth. For instance, World Bank report estimated that 2/3rd of the world population is expected to live in urban areas. Therefore, the increasing population and hectic lifestyle fuel the adoption of frozen type of food.

Starch Recovery Systems Market Geographical Segmentation Includes:

·        North America (United States, Canada, and Rest of North America)

·        Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)

·        Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)

·        Rest of the World

North America is expected to grow at a higher CAGR during the forecast period. The market for starch recovery systems is expected to grow in North America due to the presence of numerous major markets in this region. Companies are increasing their footprint in North America by opening new production facilities in this region. For instance, in march 2018, Alfa Laval a Swedish company constructed a new production facility for brazed heat exchange which is used for starch recovery in Virginia, United States. Alfa Laval's new production facility strengthens the company's position in the North America market. Thus, the above mentioned factors are driving the regional market during the forthcoming years.

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The major players targeting the market include

·        Gea Group Aktiengesellschaft

·        Alfa Laval

·        Andritz

·        Siccadania

·        Microtec Engineering Group Pty Ltd

·        Myande Group

·        G. Larsson Starch Technology AB

·        Sino-Food Machinery Co, Ltd.

·        Flo-Mech

·        Hiller Separation & Process

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the starch recovery systems market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the starch recovery systems market?

• Which factors are influencing the starch recovery systems market over the forecast period?

• What are the global challenges, threats, and risks in the starch recovery systems market?

• Which factors are propelling and restraining the starch recovery systems market?

• What are the demanding global regions of the starch recovery systems market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

About UnivDatos Market Insights (UMI)

Browse Other Related Research Reports from UnivDatos Market Insights

·        Industrial Starch Market

·        Modified Starch Market

·        Frozen Food Market

·        Food Inclusion Market

·        Food Enzymes Market

 

Starch Recovery Systems Market Report Coverage

Report Attribute

Details

Base year

2021

Forecast period

2022-2028

Growth momentum

Accelerate at a CAGR of over 5.5%

Market size 2020

USD 313 million

Regional analysis

North America, Europe, APAC, Rest of World

Major contributing region

APAC to Dominate the Global Starch Recovery Systems Market

Key countries covered

United States, Canada, Germany, United Kingdom, Spain, Italy, France, China, Japan, India, and Australia

Companies profiled

GEA Group Aktiengesellschaft; Alfa Laval; Andritz; SiccaDania; Microtec Engineering Group Pty Ltd; Myande Group; G. Larsson Starch Technology AB; Sino-Food Machinery Co, Ltd.; Flo-Mech; Hiller Separation & Process.

Report Scope

Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Demand and Supply Side Analysis; Competitive Landscape; Company Profiling

Segments Covered

By Component Type; By Plant Size Type; By Application Type; By Region/Country

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About UnivDatos Market Insights

UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.

Contact

UnivDatos Market Insights

Ankita Gupta

Director Operations

Ph: +91-7838604911

Email: [email protected]

Website: https://univdatos.com/

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