Global Potato Protein Market was valued $xx Mn in 2019 and is expected to reach $140 Mn by 2026, at a CAGR of xx% during the forecast period.
Global Potato Protein Market Introduction
Potato protein is the dry product obtained from potatoes during the separation of starch. It is easily digestible and covers almost the entire range of amino acids making it almost suitable for feed applications. Potato proteins increase metabolism and help to synthesize haemoglobin to meet the iron requirements of the body. Potato protein manufacturers are working on innovation for protein products.
Global Potato Protein Market Dynamics
Consumer interest in protein intake has experienced substantial growth in the past few years. Increase in demand for clean-label allergen-free products and has boosted plant-based protein sources. Moreover, benefits offered by potato protein such as ease of digestion and its compatibility with vegan lifestyle are boosting its adoption across the globe.
The protein market is witnessing a shift in consumer demand from animal protein to plant protein. This inclination toward a plant-based diet is associated with different factors, such as sustainability issues, health awareness, ethical or religious views, as well as environmental and animal rights. Meat proteins provide the required amino acid content to the body but are associated with high cholesterol levels and other related issues, because, which people are shifting to a vegan source of protein. Increasingly, more people are going vegan to lose weight and improve their health. This increasing inclination toward a plant-based diet signals a huge market potential for plant-based protein products.
Global Potato Protein Market Segment Analysis
The global potato protein market is dominated by the concentrate segment, because of the wide application of concentrates in the feed industry. These products have low levels of fat, cholesterol, and lactose, and a high amount of proteins. The product is mostly used in functional foods, such as yogurt and cereals. Thus, increasing demand for these products due to their nutritional benefits is expected to drive the segment.
Moreover, potato protein isolates are still in the development phase, and they find use in food applications. Plant-based protein, being a good source of low cholesterol (as compared to animal protein), has significant applications in sports and energy drinks. Potato proteins are widely used in food beverage, nutritional supplements manufacturing, and other related industries. This has led to an increased demand for vegan diets in the North American and European regions, has resurfaced the demand for potato protein in the market. Potato protein is commonly used in protein bars, protein shakes, breakfast cereals, processed meats, and meat alternatives in the South American region.
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Global Potato Protein Market Regional Insights
Asia Pacific potato protein market is expected to exceed USD XX million by 2026. The region is witnessing rising demand for plant-based protein as it offers less calorie content and more amount of essential nutrients and fibers, which should increase the product demand. Plant-based protein offers health benefits of tissue repair, balance body enzymes, and hormones which represents ample growth opportunities for the product in the forecast period. New product launches along with superior growth in processed food beverage industry will support the market expansion in the region.
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Global Potato Protein Market Report Scope: Inquire before buying
Global Potato Protein Market, by Region
• North America
• South America
• Asia Pacific
Global Potato Protein Market Key Players
• Omega Protein Corporation
• Tereos Group
• Roquette Frères
• Peppes Group
• Emsland Group
• KMC Ingredients
• AKV Langholt
• PPZ Niechlow
• Bioriginal Food and Science Corp
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