Potato Protein Market Introduction:
According to Reports and Insights analysis, the global potato protein market is estimated to be US$ 92.3 Mn in 2022. Furthermore, the potato protein market registers a CAGR of 7.1 % which is expected to result in market forecast value for 2030 as US$ 730.5 Mn.
The Reports and Insights team has drafted a market research report on the worldwide market for potato protein with the objective of identifying the primary market drivers, market trends, challenges, and opportunities that business owners encounter. The report includes the market segmentation forecast, geographic perspective, and recent market developments for potato protein. Additionally, it provides extensive information on market size, market share, industry and product insights, SWOT analysis, Porter's five forces analysis, PESTEL analysis, heat map analysis, market forecast, and prominent market players for potato protein.
Potato protein is a plant-based protein, produced from potato starch. Potato proteins are a high-quality protein source, containing essential amino acids that are required by a person's body. The protein level contacted in potatoes is significantly higher in comparison to routes and tubes. For vegans, vegetarians, and lactose-intolerant people, it is the perfect source of protein. The demand for potato protein is increasing as people's awareness and commitment to good health escalating. One of the factors driving the potato protein market is its wider application in a variety of industries such as the food industry, animal feed industry, personal care industry, and industrial application. Which results in enhanced demand for the potato protein market. As consumer tastes and preferences change, manufacturers are discovering new applications for potato protein, which is driving up demand in the future. As a great source of protein, potato protein is also becoming more and more popular among athletes and fitness enthusiasts. Owing to such factors the demand for potato protein market is projected to grow soon.
Scope of the Report:
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Report Metric |
Report Details |
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Market size available for the years |
2022-2030 |
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Base year |
2021 |
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Forecast Period |
2022-2030 |
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Segments Covered |
By Type, By Source Process, By Applications, By Region |
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Regions Covered |
North America The U.S. & Canada Latin America Brazil, Mexico, Argentina, & Rest of Latin America Asia Pacific China, India, Japan, Australia & New Zealand, ASEAN, & Rest of Asia Pacific Europe The U.K., France, Spain, Italy, Russia, Poland, BENELUX, NORDIC, & Rest of Europe Africa North Africa, Egypt, & Rest of Africa The Middle East GCC Countries, Israel, & Rest of the Middle East |
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Key Players |
Agrana Beteiliguns AG, AKV Langholt, Avebe, Bioriginal Food and Science Corp, Emsland Group, KMC Ingredient, Meelunie B.V, Omega Protein Corporation, Peppes Group, PPZ Niechlow, Roquette Freres, Sudstarke, and TEREOS amongst others. |
Potato Protein Market Dynamics:
Market Drivers
Boost in Demand for Plant-Based Proteins:
Consumers are becoming more ecologically conscious and more concerned with their health, which leads them to view potato protein as a healthy and more sustainable option than other artificial proteins. All of the essential amino acids required for human health are present in potato protein, making it a complete protein that boosts the demand for the potato protein market.
To reduce weight or control their blood sugar levels, people should choose a protein source that is low in fat and carbohydrates, such as potato base protein. Also, it contains a lot of vitamins and minerals, such as potassium, iron, and vitamin B6. There is a strong market for potato protein due to vitamins and minerals contained in potato protein.
Inclination Towards Vegetarianism:
One of the things propelling the potato protein industry is the increasing popularity of veganism and vegetarianism. The need for plant-based proteins is increasing quickly as more individuals switch to these diets. As potato protein contains no animal ingredients and is simple to incorporate into a wide range of recipes, it is a great option for vegans and vegetarians. Due to such factors, the demand for potato protein is getting high.
Market Challenges
Availability of Alternative Products:
The potato protein market faces a variety of challenges due to growing competition and alternative protein supplements available in the industry, due to the market availability of soy and pea-based proteins as well as the increased use of pea protein in food, the potato protein market confronts difficulties in growing potato protein market. Potato-based proteins are high prices due to a lack of resources and high processing costs. This has the effect of hindering market expansion.
Market Opportunities
Wide Range of Applications:
The versatility of potato protein is one of the major factors to contribute the growth of the potato protein market. Potato protein can be utilized in a variety of goods, such as beverages, bakery goods, meat alternatives, and sports nutrition items, which makes it more popular. Its adaptability attracts food producers and gives them a range of possibilities. This prompts an increase in demand and provides a chance for a new player to contribute to the expansion of the market.
Shift from Animal Protein to Plant Protein:
Considering the health risks associated with consuming red meat, more and more people are shifting their preferences to a vegetarian or vegan diet in order to fulfill their protein needs. Attributing to such factors, potato protein is gaining immense popularity across the market, and is projected to offer major growth opportunities to the global potato protein market in the future years.
Market Segmentation:
The global potato protein market is segmented based on type, source process, application, and region.
By Type
By Source Process
By Application
By Region
Potato Protein Market Key Players:
Some of the key players in the global potato protein market are given below:
Agrana Beteiliguns AG, AKV Langholt, Avebe, Bioriginal Food and Science Corp, Emsland Group, KMC Ingredient, Meelunie B.V, Omega Protein Corporation, Peppes Group, PPZ Niechlow, Roquette Frerez, Sudstarz, and TEREOS amongst others
Potato Protein Market Regional Analysis:
The European market is the largest market for potato protein followed by North America and Asia Pacific. Due to an increase in demand for dietary supplements and finding as a meat alternative, the demand for potato protein in the European region is getting high. Furthermore, the presence of the major player will further boost the demand for the potato protein market in this region.
North America is the second-largest market for potato protein in the world. Due to growing health consciousness, changing lifestyles, and improved education facilities result, this region encountered an increase in demand for the potato protein market and it's expected to generate demand in the projected year.
The Asia Pacific region is expected to be the fastest-growing market in the projected year because of the abundance of raw material availability. According to the US Department of Agriculture India and China is a major producer of potatoes in the world, with growing awareness and health consciousness resulted into the expansion of the potato protein market in the forecasted period.
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The potato protein market is estimated to reach at a value of US$ *** Mn by the end of 2022 and expected to reach at a value of US$ 720.0 Mn by 2030 with a significant CAGR of 6.1%.
The base year for the report is 2021 in potato protein market.
The global Potato Protein market is segmented on the basis of type, source process, application, and region.
Some of the key participating players in global Potato Protein market are: Avebe, Bioriginal Food and Science Corp, Roquette Freres, Agrana Beteiliguns AG, Peppes Group, Emsland Group, KMC Ingredient, AKV Langholt, PPZ Niechlow, Sudstarke, TEREOS, Omega Protein Corporation, Meelunie B.V.
