The Global Potato Protein Market size is expected to reach $520.5 Million by 2025, rising at a market growth of 5.6% CAGR during the forecast period. Potato protein has an essential nutritional value. It helps improve digestive health, and regulates sugar in the blood. The demand for potato protein will increase as a growing number of customers get to know the benefits it provides. In addition, growing demand in the food and beverage sector would drive the market over the forecast period. Increasingly, potato protein is used in infant formula, dairy products, dietary supplements, and others. This factor, supported by growing demand for food in China, India, and Brazil, would fuel market growth opportunities.
Global Potato Protein Market Size
The extensive potato protein use in the food and beverage (FNB) industry primarily in the bakery and processed foods contributes to an increase in the market size of the potato proteins. The use of potato protein in the food and beverage industry is therefore expected to rise at the highest over the forecast period. The increased demand for vegetable protein with the same functional properties as animal protein helps businesses to be ahead of the curve in terms of potato protein market share.
An increasing demand for organic food products and growing numbers of health-conscious individuals are major drivers of growth in the global market for potato proteins. Furthermore, a progressive demand for plant-derived proteins from various end-use industries and health benefits from potato protein consumption are other major factors that are expected to fuel growth in the global potato protein market during the forecast period.
Potato Protein Market Share
Nevertheless, lack of knowledge among consumers and complexities in the processing of potato proteins are major factors that restrict the growth of the global potato protein market. Furthermore, high costs associated with the production of potato protein are another major factor expected to hinder the growth of the global potato protein market throughout the forecast period.
With the sudden break of Covid-19 in late months of year 2019, the markets worldwide are unfortunately experiencing its grip. The suppliers and consumers of the products & Services are affected in a big way across the sectors resulting in declining revenues in last quarters of year 2019.
Free Valuable Insights: Global Potato Protein Market to reach a market size of $520.5 million by 2025
Based on Type, the market is segmented into Isolate, Concentrate and Hydrolyzed. Based on Application, the market is segmented into Animal Feed, Supplements, Bakery & Confectionery, Meat and Other Applications. The report also covers geographical segmentation of Potato Protein market. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Cooperatie Koninklijke Cosun U.A. (Royal Cosun), Royal Avebe U.A., Sudstrake GmbH, Meelunie B.V., Omega Protein Corporation (Cooke, Inc.), Kemin Industries, Inc., Emsland Group, KMC Ingredients Company, Tereos S.A., and Roquette Freres SA.
Market Segmentation:
By Type
By Applications
By Geography
Companies Profiled
According to a new report published by KBV Research, The global potato protein market size is expected to reach $520.5 million by 2025.
The major factors that are anticipated to drive the potato protein industry include increasing application in food and beverages sector, rising demand for vegan diet, Growing popularity of potato protein concentrate.
The Europe was the largest regional market in 2018, and is expected to continue to grow at a steady CAGR between 2019 and 2025.
Some of the key industry players are Cooperatie Koninklijke Cosun U.A. (Royal Cosun), Royal Avebe U.A., Sudstrake GmbH, Meelunie B.V., Omega Protein Corporation (Cooke, Inc.), Kemin Industries, Inc., Emsland Group, KMC Ingredients Company, Tereos S.A., and Roquette Freres SA.
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.