In 2018, the global potato protein market was worth USD 78.06 millions. It is projected to grow at a compound annual rate (CAGR of 4.3%) between 2019 and 2025. The market is expected to grow due to the increasing popularity of potato protein and its nutritional benefits such as better digestion, strength, and controlled blood sugar. The largest market segment is food & drinks.
It is used extensively in dairy products, infant formulas and food supplements. The product demand is expected to rise due to rising dietary protein consumption and the rapid expansion of the food sector due to growing populations in countries like India, China and Brazil. The demand for protein in drinks like smoothies and shakes will rise due to rising health consciousness.
The segment's demand will continue to grow due to constant product innovation. Avebe is collaborating with Nizo to develop a new process for the ingredient composition of potato protein for beverages such as sports drinks and 100% vegetable ice cream products. Solathin Vegan was launched by Bioriginal Food and Science Corp. It provides essential and non-essential amino acids for weight loss.
Europe was the biggest regional market in 2018, accounting for over 30% of global share. It is expected to maintain its position as the region's leading market throughout the forecast period. APAC will be the fastest-growing region market between 2019 and 2025, due to increased consumption of food supplements, product popularity such as milk, sports nutrition and poultry diet.
In 2018, the market was led by isolates. It is expected to grow at the highest CAGR between 2019 and 2025. Isolates are rich in bioactive compounds and contain minimal carbs or fats. This is good for immune system health. This segment will likely grow because of constant product innovation.
Innovix Labs, for example, launched a vegan protein made with 100% potato protein isolate. It is a vegan protein with 100% potato protein isolate that is all-natural and gluten-free. It can be used in smoothies, juices, shakes, and other low-protein foods.
It is expected that the concentrates segment will also see significant growth. These products are low in fat, cholesterol, and milk. They also contain high levels of protein. This product is used mainly in functional food, such yogurt and cereals. This segment is expected to grow because of the increased demand for these products, which have many nutritional benefits.
The largest application segment was food & beverages in 2018, accounting for more than 75% of the market.
Over the forecast period, the feed segment will see the fastest CAGR at 4.7%. Because it acts as an antibiotic, potato protein is a common ingredient in poultry diets. This segment will see a lot of product innovation. Roquette Freres, for example, introduced Tubermine FV potato proteins to be used as calf milk substitutes.
Europe was the largest region market in 2018, and it is expected to grow at a steady CAGR between 2019 and 2025. The regional market is expected to grow due to rising product demand for dietary supplements as well as meat substitutes. The market growth is also attributed to the presence of key companies in this region. This is because these companies are focused on product development to meet the growing product demand in the food & beverage and feed application sectors. It will also boost market growth.
Asia Pacific will be the fastest-growing region. This growth can be attributed to a variety of factors such as increased awareness about protein supplements and changing lifestyles. The market will also be boosted by the rapid expansion of the food sector in emerging countries like India.
To gain significant market share, major companies have taken strategic initiatives such as mergers and acquisitions to increase their reach, particularly in emerging markets. Avebe, for example, merged with Novasep in 2018 to industrialize its purification system to produce high-quality potato proteins for the food industry. Perfectasol D520, which is a combination of potato starch with protein, was also introduced by the company. This allows for 100% plant-based pizza dough. The market leader in potato protein is:
Avebe
Bioriginal Food and Science Corp.
Roquette Freres
Agrana Beteiliguns AG
Peppes Group
Emsland Group
KMC Ingredients
AKV Langholt
PPZ Niechlow
Sudstarke
Up Market Research published a new report titled “Potato Protein Market research report which is segmented by Application (Food & Beverages, Feed), by Type (Isolates, Concentrates), By Players/Companies Roquette Freres, Emsland Group, AKV Langholt, Agrana Beteiliguns AG, Bioriginal Food and Science Corp, PPZ Niechlow, Sudstarke, KMC Ingredients, Peppes Group, Avebe”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Potato Protein Market Research Report |
By Application | Food & Beverages, Feed |
By Type | Isolates, Concentrates |
By Companies | Roquette Freres, Emsland Group, AKV Langholt, Agrana Beteiliguns AG, Bioriginal Food and Science Corp, PPZ Niechlow, Sudstarke, KMC Ingredients, Peppes Group, Avebe |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 219 |
Number of Tables & Figures | 154 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Application (Food & Beverages, Feed), by Type (Isolates, Concentrates).
Potato Protein Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Potato Protein Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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