Rise in the Vegan Population Driving the Growth of the Potato Protein Market Across the Globe
Potato Protein Market by Type (Isolates, Concentrates), Application (Food & beverages (Meat, Dairy, Confectionery, Processed Foods, Beverages, Sports Nutrition), Feed), and Region (North America, Europe, Asia Pacific, South America) - Global Forecast to 2
(EMAILWIRE.COM, July 08, 2021 ) The potato protein market is estimated to be valued at USD 72.2 Million in 2017, and is projected to reach USD 88.2 Million by 2022, at a CAGR of 4.1%. The market is driven by the rising vegan population, consumer concerns regarding food allergens in products, and nutritional profile of potato proteins.
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Concentrates segment is estimated to be the largest in 2016
The potato protein market, by type, was dominated by the concentrates segment. It is also projected to grow at the highest CAGR during the forecast period. This is attributable to the high consumption of concentrates in the feed industry. Also, potato protein isolates are still in the development phase and find use in food applications, which is why the market is dominated by the concentrates segment.
Feed is projected to be the fastest-growing market during the forecast period
The feed segment is projected to grow at the highest CAGR during the forecast period. This is because potato proteins find wide-scale applications in the feed industry, mainly in cattle and swine feed, given their high nutritional value. In the food industry, potato protein finds limited usage due to its high instability and insolubility after isolation by thermal coagulation of the juice.
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Asia Pacific is projected to be the fastest-growing market during the forecast period
Asia Pacific is projected to be the fastest-growing region in the potato protein market from 2017 to 2022. The growth of this market can be attributed to the growth in the demand for potato protein for use in feed, owing to Asia Pacific’s highest livestock population as well as feed consumption. The large base of the vegan population in the Asia Pacific region is a major driver for potato protein.
Key players are Avebe (Netherlands), Tereos (France), Roquette (France), Agrana (Austria), and Omega Protein (US). Further, Peppes Group (Poland), Emsland Group (Germany), Meelunie (Netherlands), KMC Ingredients (Denmark), Südstärke (Germany), AKV Langholt (Denmark), and PPZ Niechlow (Poland) are few others players in this market.
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MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=117255732
Concentrates segment is estimated to be the largest in 2016
The potato protein market, by type, was dominated by the concentrates segment. It is also projected to grow at the highest CAGR during the forecast period. This is attributable to the high consumption of concentrates in the feed industry. Also, potato protein isolates are still in the development phase and find use in food applications, which is why the market is dominated by the concentrates segment.
Feed is projected to be the fastest-growing market during the forecast period
The feed segment is projected to grow at the highest CAGR during the forecast period. This is because potato proteins find wide-scale applications in the feed industry, mainly in cattle and swine feed, given their high nutritional value. In the food industry, potato protein finds limited usage due to its high instability and insolubility after isolation by thermal coagulation of the juice.
Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=117255732
Asia Pacific is projected to be the fastest-growing market during the forecast period
Asia Pacific is projected to be the fastest-growing region in the potato protein market from 2017 to 2022. The growth of this market can be attributed to the growth in the demand for potato protein for use in feed, owing to Asia Pacific’s highest livestock population as well as feed consumption. The large base of the vegan population in the Asia Pacific region is a major driver for potato protein.
Key players are Avebe (Netherlands), Tereos (France), Roquette (France), Agrana (Austria), and Omega Protein (US). Further, Peppes Group (Poland), Emsland Group (Germany), Meelunie (Netherlands), KMC Ingredients (Denmark), Südstärke (Germany), AKV Langholt (Denmark), and PPZ Niechlow (Poland) are few others players in this market.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Contact Information:
MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results