Qatar Potato Starch Market | Growth, Industry, COVID-19 IMPACT, Share, Value, Companies, Size, Revenue, Trends, Forecast & Analysis

Qatar Potato Starch Market Synopsis

The Qatar potato starch market was valued at around USD 5. 9 million in 2020 and is expected to register a CAGR of 8. 2% over the forecast period from 2021 to 2026, reaching a value of approximately USD 10. 0 million by 2026. Potato starch is one of the most important ingredients used in food processing industries, as it helps to thicken or bind products such as soups, sauces and gravies, noodles and pasta dishes, dairy-based desserts and baked items like cakes, muffins and cookies. The growing demand for convenience foods has been driving growth in this sector within the country over recent years. Additionally, increased health consciousness among consumers has also led to an increase in demand for healthier products with reduced fat content that are made using potato starch instead of other unhealthy fats.

Drivers of the Market

The expansion of Qatar potato starch market is influenced by the growth in food processing and the increasing demand for convenience foods. Potato starch is prized for its excellent thickening and binding properties, making it a preferred choice in various food applications, including soups, gravies, and snacks. As the demand for processed foods and ready-to-eat products continues to rise, the utilization of potato starch as a functional ingredient is expected to drive market growth. Furthermore, its gluten-free nature appeals to consumers with dietary restrictions, contributing to its market appeal.

Challenges of the Market

In the Qatar potato starch market, one of the challenges is the country`s limited potato production capacity due to its arid climate and soil conditions. This scarcity of locally grown potatoes affects the availability of raw materials for starch extraction. Relying on imports for potatoes or potato products can lead to supply uncertainties, quality control issues, and increased costs for potato starch production.

COVID-19 Impact on the Market

The Qatar potato starch market faced disruptions during the COVID-19 pandemic, primarily due to supply chain challenges and reduced demand from sectors like food service and hospitality. The closure of restaurants and reduced catering services affected the overall demand for potato-based products. However, as the situation gradually improved, the market rebounded with adjustments in production and distribution strategies to align with evolving consumer behavior.

Key Players in the Market

Key participants in Qatar potato starch market encompass Hassad Food Company and Al Shahabi Trading Co. These companies contribute to the production of potato starch, a common thickening and binding agent in food processing.

Key Highlights of the Report:

• Qatar Potato Starch Market Outlook
• Market Size of Qatar Potato Starch Market, 2023
• Forecast of Qatar Potato Starch Market, 2030
• Historical Data and Forecast of Qatar Potato Starch Revenues & Volume for the Period 2020-2030
• Qatar Potato Starch Market Trend Evolution
• Qatar Potato Starch Market Drivers and Challenges
• Qatar Potato Starch Price Trends
• Qatar Potato Starch Porter's Five Forces
• Qatar Potato Starch Industry Life Cycle
• Historical Data and Forecast of Qatar Potato Starch Market Revenues & Volume By Nature for the Period 2020-2030
• Historical Data and Forecast of Qatar Potato Starch Market Revenues & Volume By Organic for the Period 2020-2030
• Historical Data and Forecast of Qatar Potato Starch Market Revenues & Volume By Conventional for the Period 2020-2030
• Historical Data and Forecast of Qatar Potato Starch Market Revenues & Volume By End-users for the Period 2020-2030
• Historical Data and Forecast of Qatar Potato Starch Market Revenues & Volume By Textile & Paper for the Period 2020-2030
• Historical Data and Forecast of Qatar Potato Starch Market Revenues & Volume By Food & Beverages for the Period 2020-2030
• Historical Data and Forecast of Qatar Potato Starch Market Revenues & Volume By Pharmaceuticals for the Period 2020-2030
• Qatar Potato Starch Import Export Trade Statistics
• Market Opportunity Assessment By Nature
• Market Opportunity Assessment By End-users
• Qatar Potato Starch Top Companies Market Share
• Qatar Potato Starch Competitive Benchmarking By Technical and Operational Parameters
• Qatar Potato Starch Company Profiles
• Qatar Potato Starch Key Strategic Recommendations