According to a new report, published by KBV research, The Global Potato Protein Market size is expected to reach $742.8 million by 2031, rising at a market growth of 5.3% CAGR during the forecast period. In the year 2023, the market attained a volume of 53,035.2 tonnes, experiencing a growth of 11.4% (2020-2023).
Potato protein finds applications in personal care products such as cosmetics, skincare, and hair care formulations. Its moisturizing, conditioning, and film-forming properties make it a valuable ingredient in beauty and personal care products. Potato protein is utilized in skincare formulations to hydrate and nourish the skin, improve skin barrier function, and enhance product texture and sensory attributes. In hair care products, potato protein helps strengthen and repair hair fibers, reduces frizz, and enhances shine and manageability.
The Isolate segment is leading the Global Potato Protein Market by Type in 2023, thereby achieving a market value of $415.3 million by 2031. Potato protein isolates undergo additional processing steps to remove non-protein components, resulting in a purer product with fewer impurities and a cleaner flavor profile. This enhanced purity and quality make potato protein isolates suitable for various applications, including sports nutrition, functional foods, and dietary supplements.
The Animal Feed segment is experiencing a CAGR of 4.6 % during the forecast period. Potato protein is a high-quality source of essential amino acids for animal growth, development, and overall health. Its amino acid profile is well-balanced and comparable to traditional protein sources like soybean meal and fishmeal, making it a valuable component of animal diets.
Full Report: https://www.kbvresearch.com/potato-protein-market/
The Europe region dominated the Global Potato Protein Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $242.2 million by 2031. The North America region is poised to grow at a CAGR of 5% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 6.1% during (2024 - 2031).
By Type (Volume, Tonnes, USD Million, 2020-2031)
By Application (Volume, Tonnes, USD Million, 2020-2031)
By Geography (Volume, Tonnes, USD Million, 2020-2031)
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