The global potato protein market size reached US$ 401.8 Million in 2022. Looking forward, the publisher expects the market to reach US$ 600.0 Million by 2028, exhibiting a growth rate (CAGR) of 6.9% during 2022-2028.
Potato protein is the dry by-product collected during the generation and separation of potato starch. It is a rich source of digestible protein and amino acid profile and is extracted from potato juice through precipitation and centrifugation. Potato protein is commonly available in concentrated, isolated and hydrolyzed variants and is widely used as an alternative to animal-sourced proteins. It is easily digestible and aids in improving the metabolism of the body and lowering blood pressure. It also exhibits various functional properties, including dissolvability in water, absorption of fat and foaming abilities to incorporate air bubbles in baked goods. As a result, potato protein is widely utilized to manufacture infant formula, nutraceutical supplements, baked and confectionery products, ice creams, cereals, soups and snacks.
2. What is the expected growth rate of the global potato protein market during 2023-2028?
3. What are the key factors driving the global potato protein market?
4. What has been the impact of COVID-19 on the global potato protein market?
5. What is the breakup of the global potato protein market based on the type?
6. What is the breakup of the global potato protein market based on the application?
7. What are the key regions in the global potato protein market?
8. Who are the key players/companies in the global potato protein market?
Potato protein is the dry by-product collected during the generation and separation of potato starch. It is a rich source of digestible protein and amino acid profile and is extracted from potato juice through precipitation and centrifugation. Potato protein is commonly available in concentrated, isolated and hydrolyzed variants and is widely used as an alternative to animal-sourced proteins. It is easily digestible and aids in improving the metabolism of the body and lowering blood pressure. It also exhibits various functional properties, including dissolvability in water, absorption of fat and foaming abilities to incorporate air bubbles in baked goods. As a result, potato protein is widely utilized to manufacture infant formula, nutraceutical supplements, baked and confectionery products, ice creams, cereals, soups and snacks.
Potato Protein Market Trends:
Significant growth in the food and beverage industry, along with increasing health consciousness among the masses, is one of the key factors creating a positive outlook for the market. With the shifting consumer preference toward vegan dietary patterns, there is a rising demand for potato protein as an effective source of plant-based protein. Moreover, rising awareness among the consumers regarding maintaining adequate animal health is providing a thrust to the growth of the market. Isolate potato protein is added to animal feed to promote muscle growth and improve digestion in livestock and other farm animals. In line with this, the widespread adoption of potato protein in sports drinks and weight management supplements is also contributing to the growth of the market. Additionally, the launch of innovative extraction technologies for isolate proteins that minimize protein denaturation and functionality loss is anticipated to drive the market toward growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global potato protein market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and application.Breakup by Type:
- Isolate
- Concentrate
- Hydrolyzed
Breakup by Application:
- Animal Feed
- Bakery and Confectionery
- Meat
- Supplements
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AGRANA Beteiligungs-AG, Avebe, Bioriginal Food & Science Corp (Cooke Inc.), Duynie Group (Royal Cosun), Kemin Industries Inc, KMC Ingredients, Meelunie B.V. (Hoogwegt Groep B.V.), PEPEES Group, PPZ SA w Niechlowie, Roquette Frères and Tereos.Key Questions Answered in This Report
1. How big is the global potato protein market?2. What is the expected growth rate of the global potato protein market during 2023-2028?
3. What are the key factors driving the global potato protein market?
4. What has been the impact of COVID-19 on the global potato protein market?
5. What is the breakup of the global potato protein market based on the type?
6. What is the breakup of the global potato protein market based on the application?
7. What are the key regions in the global potato protein market?
8. Who are the key players/companies in the global potato protein market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Potato Protein Market
6 Market Breakup by Type
7 Market Breakup by Application
8 Market Breakup by Region
9 SWOT Analysis
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- AGRANA Beteiligungs-AG
- Avebe
- Bioriginal Food & Science Corp (Cooke Inc.)
- Duynie Group (Royal Cosun)
- Kemin Industries Inc
- KMC Ingredients
- Meelunie B.V. (Hoogwegt Groep B.V.)
- PEPEES Group
- PPZ SA w Niechlowie
- Roquette Frères and Tereos
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 140 |
Published | November 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 401.8 Million |
Forecasted Market Value ( USD | $ 600 Million |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |