The global potato protein market is estimated to grow at a CAGR of nearly 4.5% during the forecast period. Rising vegan population and increasing demand for sports nutrition products are primarily driving the growth of the market. An emerging shift towards vegan food culture has been witnessed over the years. As per the US Department of Agriculture (USDA), in 2017-2018, 15% of the global new product launches of vegan food and beverage witnessed in Germany. Nearly 35% of the German population witnessing the availability of vegan products as very important, and 63% of the country’s population are trying to decrease their consumption of meat. As a result, Germany is becoming one of the most vegetarian places across the globe.
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Therefore, the food market in Germany witnessed faster growth for the development of vegetarian food and restaurants over the years. During the period, 2013 and 2018, the launch of new vegetarian ready-made foods has approximately tripled. This, in turn, has led the demand for plant-based nutritional foods to meet the demand for nutrition. As a plant-based protein, potato protein developed along with the potato starch. These are found in powder form and contains a high protein content (78%). A protein-rich juice is produced during the starch extraction process from potatoes. Later, the proteins are concentrated, purified and dried. Potato proteins have important amino-acids in considerable proportions as compared to proteins from animal origins or cereals-based proteins.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Potato Protein Market- Segmentation
By Type
- Concentrate
- Isolate
By Application
- Food and Beverages
- Meat
- Bakery and Confectionery
- Beverages
- Processed Foods
- Others
- Animal Nutrition
Global Potato Protein Market– Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global potato protein market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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