Potato protein is the dry product obtained from potatoes during the separation of starch. It is easily digestible and covers almost the entire range of amino acids making it extremely suitable for feed applications. Potato proteins increases metabolism and also helps to synthesizes hemoglobin to meet the iron requirements of the body. By texture, it is yellow colored free flowing powder with 83.5% of protein content on dry matter protein content. Isolated proteins which is obtained as a waste from potato industry has been found to treat high blood pressure.
Potato protein manufacturers are working innovation for protein products. For example, in 2016, Avebe, which is a leading potato protein manufacturer, launched Solanic@100 in Europe. This product provides an excellent blend of amino acid and is easily digestible, thus making it extremely suitable for protein-rich snacks, baked goods etc. Potential global potato protein market drivers are increasing consumer awareness for food allergens, rise in vegan population over the last few years, consumer preference for clean-label products, coupled with high nutritional value of proteins present in potato. However, low production and distribution of potato protein restricts the growth of potato protein market.
By type, global potato protein market is subdivided into concentrates and isolates while food and beverages (meat, processed foods, bakery, and confectionary, dairy among others) and feed are its applications. On basis of type, the same market is bifurcated into concentrates and isolates where concentrates dominated the market, mainly attributed to high volume consumption. Among applications, feed segment is identified as the leading market mainly due to large-scale application of potato proteins for swine and cattle feed. Potato proteins finds limited application in food and beverages owing to high instability and insolubility
By geography, global potato protein market is categorized into North America, Europe, Asia- Pacific, Latin America, and Middle East & Africa. Europe contributed for the largest market share for global potato protein market mainly due to prominent presence of large number of manufacturers of potato protein leading high supply of potato proteins. In addition to this, rising awareness for functional proteins coupled with health safety concerns are other key drivers of potato protein market in Europe. Apart from this, Asia Pacific is anticipated to be the fastest growing region for potato protein market mainly fuelled by increasing population, changing lifestyles along with consumer preference for non-allergen products. India, China, and Japan are the main driving countries in Asia Pacific.
Moreover, rising demand for plant protein in South East Asian countries such as Malaysia, Vietnam, Indonesia etc. also contributing to the growth of the regional market. North America is also expected to contribute significantly in the growth of global potato proteins market due to increase in consumer concern on the impact of consumption of animal proteins coupled with rising consumption of plant protein products.
Key players across the global potato protein market value chain are:
Avebe, Tereos, Agrana , Roquette, Omega Protein, Pepees Group, Emsland Group , Meelunie, KMC Ingredients, AKV Langholt, PPZ Niechlow, Roquette Frères, Coöperatie AVEBE U.A., Aminola B.V., AGRANA Beteiligungs-AG, Food Innovation Online Corp.,Emsland-Stärke Limited, Kemin Industries, Inc., Royal Cosun, Tereos, Roquette Frères, Bioriginal Food & Science Corp., Meelunie B.V. and Others
Key Developments:
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Potato Protein market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report