Potato Protein Market Size, Share, Growth, Trends and Industry Analysis Report
by Susan Hill Business ConsultantThe
global potato protein market size is projected to reach
USD 107.47 million by 2025 expanding at a CAGR of 4.3% from 2019 to 2025,
according to a new report by Grand View Research, Inc. Increasing popularity of
potato protein due to its high nutritional value and benefits, such as improved
digestive health, strength, and controlled blood sugar, is expected to drive
the market over the forecast period. Increasing product usage as a food
supplement will also boost the market growth.
Isolates
type segment accounted for the largest market share of more than 55% in 2018
and is estimated to retain its position expanding at the fastest CAGR of 4.3%
over the forecast period. The food & beverages is expected to be the
largest application segment over the next few year. The product is widely used
dairy products, infant formulas, various beverages, health food supplements,
etc. Constant product innovation in the segment will drive the demand further.
For example,
Summit Nutritionals International, Inc. launched antioxidant potato protein
powder isolate, which increases strength and helps lose weight. Avebe and
Bioriginal Food & Science Corp. launched Solanic and Solathin vegan protein
isolates, respectively. The feed segment is projected to expand at the fastest
CAGR of 4.7% from 2019 to 2025 due to product innovation. For instance,
Roquette Freres launched Tubermine FV protein for pet food, which works as an
alternate for milk for calves.
Europe was
the largest regional market in 2018 and accounted for more than 30% of the
global share. The region is projected to retain its leading position throughout
the forecast period. However, APAC is projected to be the fastest-growing regional
market from 2019 to 2025 due to increasing consumption of food supplements and
product popularity as milk, sports
nutrition, and poultry diet.
Further key
findings from the study suggest:
- Isolates was
the dominant type segment in 2018 and is expected to register the fastest
CAGR from 2019 to 2025
- Key companies
in the market are concentrating on product innovation and capacity
expansion to estimate the existing and future demand patterns from
upcoming product segments
- For instance
Avebe, the largest producer and supplier of potato protein, merged with
Novasep to offer high-quality protein for food & beverages application
- The potato
protein market is highly competitive in nature. Some of the key companies
are Avebe, Bioriginal Food & Science Corp., Roquette Freres, The
Agrana Group, Emsland Group, KMC Ingredients, AKV Langholt, PPZ Niechlow,
and SÜDSTÄRKE GmbH
Access
full research report on global potato protein market:
www.grandviewresearch.com/industry-analysis/potato-protein-market
Sponsor Ads
Created on Nov 19th 2019 03:11. Viewed 379 times.