August 02, 2021
According to the research report titled ‘Potato Protein Market Size By Type (Isolates, Concentrates), By Application {Food & Beverage (Meat Analogue, Dairy-Free, Confectionary, Bakery, Processed Foods, Functional Foods), Feed} Industry Analysis Report, Regional Outlook, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2021 - 2027‘, available with Market Study Report, global potato protein market is slated to record a strong CAGR over 2021-2027.
Propelling demand of high protein products, technological progression in food processing sector, and rising consumer inclination towards vegan diet are catalyzing the growth of global potato protein market.
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For the unversed, potato protein is primarily based on plants and is produced together with the starch from potatoes. They have a very high protein content and the amino acids present helps in controlling metabolism and blood pressure.
On the contrary, availability of numerous alternatives is likely to hamper the growth of the business domain during the projected timeframe.
In terms of type, the industry vertical is bifurcated into concentrates and isolates.
Based on application gamut, the worldwide potato protein market scenario is classified into feed and food & beverages (including confectionary, functional food, meat analogue, processed food, bakery, dairy-free and others).
The confectionary segment is expected to witness substantial growth, owing to soaring consumer inclination towards snacks and surging disposable income. Moreover, the functional food segment along with the others segment are anticipated to flourish over 2021-2027, generating momentous revenues for global potato protein market.
Moving on to regional terrain, Latin America and Middle East & Africa markets are slated to grow momentously over the analysis timeframe 2021-2027.
The competitive hierarchy of the global potato protein industry is defined by companies such as Emsland Group, PPZ Niechlów, KMC Amba, The Peppe Group, Bioriginal, Royal Avebe U.A., Omega Protein Corporation, AGRANA Beteiligungs-Aktiengesellschaft, AKV Langholt, and Roquette among others.