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Starch Recovery Systems Market Size Anticipated to Grow at a CAGR of 5.5% During the Forecast Period 2021-2026

(Entertainment-NewsWire.com, December 10, 2021 ) Starch Recovery Systems Market size is estimated at $313 million in 2020, projected to grow at a CAGR of 5.5% during the forecast period 2021-2026. A starch recovery system includes refining sieves, hydrocyclones and centrifuges, screw conveyors, and others. These are utilised in various capacities depending on the requirements. The rising demand for starch processed using potato, wheat, corn, and other raw materials has led to the sale of many processing systems, thereby, driving the Starch Recovery Systems industry. The pumped processed water from the raw material slice washing system is pumped into a starch recovery system, which separates starch using a centrifuge or decanter. The powder obtained can be reused in other procedures, and the purified water can be utilised in other applications like washing and peeling. Companies can focus on minimising their water consumption with starch recovery technologies. The water can be reused after the starch has been collected, extending its life and minimising the requirement for wastewater treatment. Furthermore, the recovered starch systems like screw conveyor, hydrocyclones becomes a valuable product in its own right. The extraction of starch from raw materials such as potato, corn, and wheat is the primary application of starch recovery systems. Maize, cassava, and to a lesser extent rice, sago, barley, and sorghum are among the agricultural items from which starch is derived. To avoid the high expense of water treatment, several industries have installed potato starch recovery systems. The growing importance of sustainability is further strengthening global adoption. These devices are also being installed for other agricultural products including cassava and sago by a number of companies. The life cycle of starch recovery systems is in its early stages. With a rising number of enterprises starting to manufacture, market competition remains fierce hence driving the Starch Recovery Systems Industry.



Starch Recovery Systems Market Segment Analysis – By Plant Size



Based on Plant Size, Large-Scale Segment accounted for the largest revenue market share in 2020 and is also anticipated to grow with the fastest CAGR of 6.4% in the forecast period 2021-2026. As these factories converge on producing starch from potato wastewater in an environmentally acceptable manner, a demand for starch recovery systems is growing. Large-scale potato processors use hydrocyclones, screw conveyors, and centrifuges for starch recovery due to their multi-functionality. The use of starch recovery systems is increasing as potato processing becomes more environmentally friendly, which is boosting demand for hydrocyclones and centrifuges, which is driving segment growth. The availability of funds is one of the main reasons why large-scale organisations have been early adopters of starch recovery technologies. These considerations are driving the market demand for starch recovery systems industry. Medium-Scale segment is anticipated to grow with the second fastest CAGR of 6.4% in the forecast period 2021-2026 owing to the preference by small manufacturing companies.



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Starch Recovery Systems Market Segment Analysis – By Application



Based on Application, Frozen Products accounted for the largest revenue market share in 2020. Frozen potato goods, such as French fries, are becoming increasingly popular around the world, prompting key businesses to increase output. Frozen potato processing lines are being built by a number of industry companies all over the world. This advancement is propelling the market for starch recovery systems like Screw conveyor, hydrocyclones forward at a breakneck speed. Chips & Snack Pellets is projected to witness the fastest CAGR of 5.9% during the forecast period 2021-2026. Chips & Snack pellets are non-expanded intermediate products created from cereals, potatoes, or vegetable powders as raw materials. These semi-finished items are typically sold to snack makers, who process them using a variety of processes (frying, hot air baking) and flavourings to produce ready-to-eat snacks. Furthermore, the growth of the segment is expected to be fuelled by the growing hectic lifestyles of the working population, as well as rising health-consciousness among consumers.



Starch Recovery Systems Market Segment Analysis – By Geography



Based on Geography, Asia-Pacific Starch Recovery Systems Market accounted for the 34% revenue share in 2020 owing to their hectic work schedules, millennials, a big demand group in the region, are primarily focused on consuming food products that are convenient and can be ingested with minimal preparation. Growing demand for environmentally friendly equipment like Screw conveyor, hydrocyclones, as well as China's economic progress, have paved the path for R&D investments, culminating in the development of efficient starch production techniques and improved starch recovery systems. According to a research published by the China Starch Industry Association and CnAgri, corn starch production in China reached 25.9 million tonnes in 2017, up 15% year on year. In the food processing industry, developing high-yielding equipment with lower running costs is expected to open up unexplored opportunities for market participants, thereby, accelerating Starch Recovery Systems Industry expansion across the region. Europe is predicted to be the fastest growing region during the forecast period 2021- 2026 owing to increased convenience food products demand over the projection period which propel the Starch Recovery Systems Market.



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Starch Recovery Systems Market Drivers



Increased Focus On Sustainable Development:



The United Nations' Sustainable Development Goals for 2020 have altered the market for starch recovery systems. The prevention of environmental damage and climate change is a top priority for starch producers, resulting in a surge in demand for recovery systems like Screw conveyor, hydrocyclones. Environmental friendly equipment that reduces a company's carbon footprint is in high demand, which will have a favourable impact on the starch recovery systems market. These technologies result in a nearly 50% reduction in COD load in wastewater, allowing for smaller water treatment plants using hydrocarbons. Through reuse, starch recovery systems can save up to 50% of the water used. Furthermore, waste minimization and energy conservation result in minimal CO2 emissions. As a result, the increased emphasis on sustainable development will boost the worldwide starch recovery systems market.



Starch Recovery Systems Market Challenges



Extreme Weather Conditions Have A Negative Impact On Raw Material Supply:



The Starch Recovery Systems Market's growth is hampered by the Extreme climatic conditions, such as hot and dry weather or extreme rainfall, can have a significant impact on the growth of major raw materials for starch manufacturing, such as potatoes, corn, maize, and wheat. Furthermore, diseases and pests, as well as water availability and soil quality, have a negative impact on these agricultural products. According to the EU Commission, crop yields in Europe fell 11–13% in 2018, resulting in a 6–7 million tonne shortage. In 2019, freezing temperatures in the United States had a negative influence on potato acreage. According to the USDA, potato acreage is expected to decrease by 6% in 2019 compared to 2018. The main reasons for the decline in acreage levels were soil-borne concerns and freezing damage which further restrains the Starch Recovery Systems Market growth.



Starch Recovery Systems Market Landscape:



The Starch Recovery Systems Market's main strategies include product launches, mergers and acquisitions, joint ventures, and regional expansion. Starch Recovery Systems Market top 10 companies are Sino-Food Machinery, Hiller GmbH, Myande Group, Alfa Laval, Andritz, NivobaHovex, Ferrum, Flottweg, HAUS Centrifuge Technologies and Stamex Technology.



Acquisitions/Product Launches:

In January 2021, Sandymount, a beverage technology business established in the United States with a patented membrane technique for concentrating beer, was bought by Alfa Laval. The technology, when combined with Alfa Laval's vast product portfolio, will provide the company with exciting new business options and enable a more sustainable beer distribution supply chain.



Key Takeaways



Starch Recovery Systems Market growth is being driven by increasing investment in research and development of Screw conveyor, hydrocyclones in potato processing operations to produce a cost-effective and high-yielding manufacturing processor which is predicted to expand the market.

Geographically, Asia-Pacific Starch Recovery Systems Market held the largest revenue share of 34% in 2020 owing to the rising consumption of starch derived products. The scope of the Starch Recovery Systems Market for various regions will be provided in the final report.

The Starch Recovery Systems Industry is expanding owing to emerging applications of frozen products in food and beverage industry.

The market's growth will also be fuelled by ongoing research and advancements in end use is pushing the Starch Recovery Systems industry forward during the forecast period 2021-2026.



Related Reports:



A. Latin America Corn Starch Market

https://www.industryarc.com/Report/18934/latin-america-corn-starch-market



B. Modified Starch Market

https://www.industryarc.com/Report/7457/modified-starch-market.html



For more Food and Beverage Market reports, please click here



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