The latest report by IMARC Group, titled “Potato Protein Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the potato protein market demand. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global potato protein market size reached US$ 429.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 739.4 Million by 2032, exhibiting a growth rate (CAGR) of 6% during 2024-2032.
Potato Protein Market Trends:
The global market is majorly driven by the increasing demand for plant-based protein sources, rising health consciousness among consumers, and the versatility of potato protein in various applications. Potato protein, derived from potatoes, is gaining popularity as a high-quality, hypoallergenic protein source that is suitable for a wide range of dietary needs and preferences. The growing trend towards plant-based diets and the demand for sustainable and alternative protein sources are major drivers of the market. Additionally, the use of potato protein in various industries, including food and beverages, animal feed, and nutraceuticals, is contributing to its expanding market presence.
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Potato Protein Market Scope and Growth Analysis:
The scope of the global potato protein market is diverse, encompassing various product forms and applications. The market includes potato protein isolates, concentrates, and hydrolysates, each serving different purposes across industries. In the food and beverage sector, potato protein is used in protein-enriched products, meat alternatives, and bakery items, where it enhances nutritional content and improves product texture. In the animal feed industry, potato protein is used as a high-quality protein source for livestock and aquaculture.
The nutraceuticals sector also utilizes potato protein in dietary supplements and functional foods. Market analysis indicates a trend towards innovation and product development, with companies focusing on improving the functionality and application range of potato protein. The competitive landscape includes both established players and new entrants, each working to expand their product offerings and market reach. Additionally, the market is influenced by growing consumer awareness of health and wellness, as well as the increasing demand for clean-label and sustainable ingredients.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- 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
- Tereos
Potato Protein Market Segmentation:
Our report has categorized the market based on region, 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)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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