The global Potato Protein Market was valued at USD 2.50 billion in 2023 and is likely to reach USD 4.19 billion by 2032, increasing at a CAGR of 5.9% from 2024 to 2032.
The global potato protein market is projected to witness robust growth from 2024 to 2032. According to recent reports, the market size is expected to expand at a compound annual growth rate (CAGR) of approximately 5.9% during the forecast period. The increasing adoption of potato protein in various applications, such as food and beverages, animal feed, and cosmetics, is driving market growth. The rising vegan population and growing awareness about the environmental impact of animal farming are also contributing to the market's expansion.
Key Prominent Players In The Potato Protein Market:
· Avebe (Netherlands)
· Tereos Group (France)
· Emsland Group (Germany)
· Roquette Frères (France)
· Agrana Beteiligungs-AG (Austria)
· Südstärke GmbH (Germany)
· Omega Protein Corporation (United States)
· Pepees Group (Poland)
· AKV Langholt AmbA (Denmark)
· Finnamyl Ltd. (Finland)
· PPZ Niechlow Sp. z o.o. (Poland)
· Meelunie B.V. (Netherlands)
· Ingredion Incorporated (United States)
· Tereos Syral (France)
· KMC Kartoffelmelcentralen a.m.b.a. (Denmark)
· Tereos Starch & Sweeteners Europe (France)
· Royal Cosun (Netherlands)
· KMC Ingredients (Denmark)
· The Scoular Company (United States)
· Kemin Industries, Inc. (United States)
· Sudzucker AG (Germany)
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Global Potato Protein Market Segmentation:
· Potato Protein Isolate
· Potato Protein Concentrates
By Application
· Food and Beverages
· Bakery & Confectionery
· Processed Foods
· Dairy Alternatives
· Animal Nutrition and Others
Geographic Segment Covered in the Report:
· North America (US, Canada, Mexico)
· Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
· Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
· Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
· South America (Brazil, Argentina, Rest of SA)
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This study conducts a SWOT analysis to evaluate the strengths and weaknesses of key players in the Potato Protein market. Additionally, the report performs a complex inspection of drivers and restraints operating in the market. The report also evaluates the observed trends in the parent market along with macroeconomic indicators, dominant factors and market attractiveness in relation to other segments. The report forecasts the impact of various industry aspects on the Potato Protein market segments and regions.
Market Drivers
Rising Demand for Plant-Based Proteins: The increasing awareness about health benefits and sustainability of plant-based diets is driving the demand for potato protein.
Functional Benefits: Potato protein offers excellent functional properties such as high solubility, emulsification, and foaming, making it suitable for various applications.
Growing Vegan Population: The shift towards veganism and vegetarianism is boosting the demand for alternative protein sources, including potato protein.
Environmental Concerns: The environmental impact of animal farming is leading to a preference for plant-based proteins.
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