The potato starch market in Sweden showed robust growth from 2013 to 2023, with the value per capita rising from 1.11 Euros in 2013 to 2.16 Euros in 2023. This reflects a nearly doubled increase, indicating strong demand and expanding utilization of potato starch.
Year-on-year growth in 2022 and 2023 was around 5.4% and 5.4% respectively. Over the last five years, the compound annual growth rate (CAGR) was approximately 8.3%, highlighting a sustained upward trend.
Looking forward, key trends to watch include potential shifts in consumer preference towards plant-based and sustainable products, innovations in food manufacturing, and potential regulatory changes affecting production standards and pricing. These factors could further drive the market growth or introduce new challenges.
