The Potato Protein market is estimated to grow at a CAGR of nearly 4.5% during the forecast period. Potato protein is a rich and bioavailable source of plant-based protein. There is an emerging demand for potato protein owing to the rising vegan population and emerging application in animal nutrition. These factors have led to the introduction of new potato protein products. For instance, in November 2019, KMC A/S launched potato protein concentrate, Protafy 130 to fortify both vegan and non-vegan food products. This introduction aims to meet the rising demand for plant-based proteins. The developers of plant-based formulations and food manufacturers struggle with the risk of nutrient deficiencies owing to the natural compositions of comprehensive plant proteins and allergen labeling.
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The 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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Company Profiles
AGRANA Beteiligungs-AG
Agridient Inc.
AKV Langholt AmbA
Bioriginal Food and Science Corp.
Coöperatie AVEBE U.A.
Duynie Group
Emsland-Stärke GmbH
Kemin Industries, Inc.
KMC A/S
Meelunie B.V.
Market Segmentation
Global Potato Protein Market by Type
Concentrate
Isolate
Global Potato Protein Market by Application
Food and Beverages
Meat
Bakery and Confectionery
Beverages
Processed Foods
Others
Animal Nutrition
Market Segmentation
Global Potato Protein Market– Segmentation by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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