In 2023, Germany led the European starches and starch products market with a significant turnover, followed by Belgium, Italy, and the Netherlands. Notable year-on-year increases were observed in Denmark (8.7%), the Czech Republic (9.84%), and Poland (5.67%), indicating robust market growth in these countries. Spain experienced a decline of 0.91%, while other countries like Hungary and Portugal showed marginal increases. The data hints at a concentrated market with Germany as a dominant player.
Future trends to watch include increased demand in Eastern Europe, potentially driven by technological advancements and consumer preferences for plant-based products. Sustainability considerations may also influence market dynamics.
Top countries in Starches and Starch Products Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 38.71 | 2023 | +3.4% | +2.63% | View data |
| 2 | 2 Belgium | 16.58 | 2023 | +3.2% | +0.73% | View data |
| 3 | 3 Italy | 14.92 | 2023 | +4.16% | +5.24% | View data |
| 4 | 4 Netherlands | 14.55 | 2023 | +1.36% | +1.45% | View data |
| 5 | 5 Denmark | 5.81 | 2023 | +7.65% | +8.7% | View data |
| 6 | 6 Spain | 3.23 | 2023 | -0.16% | -0.91% | View data |
| 7 | 7 Hungary | 2.44 | 2023 | +3.99% | +0.17% | View data |
| 8 | 8 Poland | 1.32 | 2023 | +7.22% | +5.67% | View data |
| 9 | 9 Finland | 0.9 | 2023 | +2.98% | +4.53% | View data |
| 10 | 10 Czech Republic | 0.83 | 2023 | +4.15% | +9.84% | View data |
