Potato Protein Market: Global Industry Analysis and Forecast (2023-2029)

Potato Protein Market reached a value of US $ 118.29 Mn. in 2022. Global Potato Protein Market size is estimated to grow at a CAGR of 4.3%. The market is expected to reach a value of US $158.84 Mn. in 2029.
Potato Protein Market Overview:
The potato protein is very high quality and a treasury of digestible protein. As potato protein gives high nutritional value and various benefits, increasing popularity of potato protein improves our digestive health, blood sugar, and hemoglobin which is expected to drive the market globally. The potato protein consists of 69-78% crude protein, which has amino acid authorizing our digestibility. With the rise in the global population, the demand for potato protein is gaining day by day as people are getting health conscious. Also, it is pure vegan. People are also cutting down meat consumption which is also driving the potato protein market in the forecast period. It is also known for dry products which are obtained from the potatoes during the separation of polyose. The potato protein covers almost all of the amino acid range which is also suitable for feed applications. It may be seen that most of the manufacturers are working on innovation for protein products which tells us how potato protein is useful and going to drive the market successfully in the forecast period.To know about the Research Methodology :- Request Free Sample Report
Potato Protein Market Dynamics:
The demand for plant-based protein products is gaining high traction. Potato protein foods are one of the parts of this plant-based production. As a result people are switching their food consumption from meat products into plant products, which is the major reason for driving the potato protein market in the forecast period. The potato protein foods do not require any labeling, it is a pure and vegan product, which gives a psychological impact for the consumers to opt for this kind of food and makes another reason to boost the market. The demand for organic foods ingredients is gaining increasingly among consumers over the world, in which potato protein foods are expected to drive the market in the forecast period. The protein market is shifting from meat products to plant products. This tendency toward a plant-based diet is linked with different factors, such as cost-effectiveness issues, information about health, ethical or religious views, as well as environmental and animal rights.

The regulation of over-processing and packaging of protein products is a major key for restraining the market. However, people often make mistakes in baked potatoes by consuming a high amount of potatoes, result Weight gain is a major disadvantage of having these products which are also restraining factors of potato markets. There are two types of starches in potato products – (amylopectin: in which the digestion process is easy, and amylose: in which the digestion process is not easy) for the human body. The amount of amylose in potato products is also a restraining factor for manufacturers.

Because of the changing lifestyle, consumer preferences tend towards healthy food. Potato protein foods are so healthy to consume but an increase in demand creates an increase in the cost of the products, in which most of the manufacturers face problems to sell their products wisely, which is the major challenge for food protein markets. Apart from this. Increased perforation of soy protein is the biggest challenge for protein manufacturers.

People are getting health conscious about foods, as a result, plant foods are dominating the market over meat foods, and people are tending to prefer potato protein food because they believe that the consumption of these foods is hygiene in nature and good for the human body as well. This is one of the biggest opportunities for potato protein food markets.
Potato Protein Market Segment Analysis:
Based on Type, the market is segmented as Isolates, Concentrates, and Hydrolysates. The Concentrate potato protein market segment is expected to dominate the market in the forecast period. In the Concentrate segment of Potato Protein products, there is a low level of fat, low cholesterol, and a high amount of protein. The awareness of having a healthy lifestyle is gaining popularity day by day. People used to prefer a healthy lifestyle and this segment covers all the necessary benefits of having a healthy lifestyle which is also driving the market in the forecast period. Moreover, potato protein Isolates and Hydroslystaes are still in the growing stage, and they are usually found in food applications.

As Isolate and Hydroslystaes considered all kinds of plant products, in which plant-based protein covers good sources of low cholesterol and high nutrition which is expected to drive the market in the forecast period. These kinds of products are mainly used in sports and energy drinks.

Based on Application, the market is segmented as Animal Feed, Bakery, Meat, and Supplement. Animal Feed is expected to dominate the market in the forecast period. The animal feed segment held around half of the global protein market share in 2022 and is also expected to dominate the trend in the forecast period. Animal feed products mainly come in packaging form, and people generally used to prefer frozen food in the market. However, the bakery and meat segment is expected to drive the market in the forecast period, continuous change in the variety of meat products gives immense pleasure to drive the market for the manufacturer. These products owe to digestible essentials with low ash & mineral content and are expected to drive the market. All around the demand for animal-based food products is probably to increase the potato protein food during the forecast period as well.
Regional Insights:
The Asia Pacific region is expected to dominate the Potato Protein market in the forecast period. The Asia Pacific potato protein market is expected to reach around USD xx million by 2029. With the increase in disposable income around people, this region is expected to grow subsequently over the forecast period. This region observes the demand for plant-based protein foods as it gives less calories and increases nutrients. The awareness of having a healthy lifestyle among peoples are creating a major impact on plant-based food products. In the Asia Pacific region several new product launches day by day which is creating demand in potato protein foods as well.

Several new product launches in the food & beverage industry with immense growth are also driving the market in this region. The potato protein market gives health benefits to the consumers, motivates them to improve body enzymes, and is also the major factor to drive the market in the forecast period in this region. China, Japan, Australia, and India are major key markets from the Asia Pacific region. The consumption of potato protein is increasing through the rally in these countries.

However, The European market is expected to grow the highest CAGR of xx% during the forecast period. There are several key companies in this region which is also the major reason for continuous demand in the potato protein market. This kind of company majorly focuses on the demand of consumers from food & beverages and product development. The demand for dietary supplements is also rising in this region rapidly.

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Potato Protein Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US$ 118.29 Mn.


Forecast Period 2023 to 2029 CAGR:
4.3%
Market Size in 2029:
US$ 158.84 Mn.


 Segments Covered:
by Type
Concentrate
Isolate
Hydrolystaes


by Application
Animal Feed
Bakery
Meat
Supplement


by Nature
Organic
Conventional



Potato Protein Market by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
North America (United States, Canada and Mexico)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Key Players
1. Avebe.
2. Biorigional Food and Science Corp.
3. Sudstarke.
4. PPZ Niechlow.
5. KMC Ingredients.
6. Emsland Group.
7. Peppes Group.
8. Agrana Beteiliguns AG.
9. Roquette Freres.
10. Omega Protein Corporation.
11. Tereos Group.
12. Agrana.
13. AKV Langholt.
14. Meelunie.
15. Royal ingredients.

Frequently Asked Questions:

1] What segments are covered in the Potato Protein Market report?
Ans. The segments covered in the Potato Protein Market report are based on by Type , Nature and Application.

2] Which region is expected to hold the highest share in the Potato Protein Market?
Ans. The Asia Pacific region is expected to hold the highest share in the Potato Protein Market.

3] What is the market size of the Potato Protein Market by 2029?
Ans. The Potato Protein Market is expected to reach US $ 158.84 Mn. by 2029.

4] What is the forecast period for the Potato Protein Market?
Ans. The Forecast period for the Potato Protein Market is 2022-2029.

5] What was the market size of the Potato Protein Market in 2022?
Ans. The market size of the Potato Protein Market in 2022 was US $ 118.29 Mn.