Potato Protein Market Share, Size, Trends, Industry Analysis Report, By Type; By Application (Animal Feed, Meat Products, Food, and Beverages, Supplement, Others); By Region; Segment Forecast, 2023 - 2032

Potato Protein Market Share, Size, Trends, Industry Analysis Report, By Type; By Application (Animal Feed, Meat Products, Food, and Beverages, Supplement, Others); By Region; Segment Forecast, 2023 - 2032

The global potatprotein market size is expected treach USD 201.40 million by 2032, according ta new study by Polaris Market Research. The report “PotatProtein Market Share, Size, Trends, Industry Analysis Report, By Type; By Application (Animal Feed, Meat Products, Food and Beverages, Supplement, Others); By Region; Segment Forecast, 2023 - 2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

The demand for food products that are labeled as clean and provide information on the ingredients used is on the rise, as people become more concerned about the effects of climate change. As a result, the demand for vegetable-based proteins is increasing, leading tan increase in the use of potatprotein in vegetarian products.

Additionally, the number of vegans is growing, particularly in the UK and Canada, leading tan increased need for plant-based protein in food products. This trend is expected tcontinue as the vegan industry flourishes and demand for soy, rice, and pea proteins remains high, driving growth in the market.

The market for potatprotein is expected texperience growth due tvarious research activities aimed at improving the cost-effectiveness and operational efficiency of its extraction. Additionally, there is a growing interest in using potatprotein tprotect against cancer cells, which will likely increase demand. Furthermore, innovative technologies are being developed tutilize potatwaste and reduce food wastage while producing potatprotein, which is expected tdrive industry growth in the coming years further.

Increasing pet ownership and growing expenditure on pets by their owners are driving demand for potatprotein in animal nutrition. Potatprotein's high digestibility makes it an excellent source of nutrition for young animals, resulting in its increased use in animal food products.

Furthermore, the demand for functional food for pets timprove their quality of life is fueling the use of potatprotein and driving market growth. Additionally, the animal husbandry industry's robust growth in developing regions is increasing demand for potatprotein, especially for lactose-intolerant animals like pigs, and is a significant factor contributing tthe industry's growth.

PotatProtein Market Report Highlights

Potatprotein isolate segment accounted for the highest share in 2022, due tpotatprotein isolate having a high demand because of its high content of protein, neutral flavor and it compatible with vegan food products.

Food and beverages segment held the largest revenue share in potatprotein market globally, potatprotein is an ingredient that is popularly used in various food and beverage products due tits nutritional properties.

North America holds significant shares in the potatprotein market due tincreasing awareness of about health benefits of potatprotein alsNorth America is a major producer of potatoes.

The global key market players include Food Innovation Online Corp., Lyckeby Starch AB, AKV Langholt AmbA, Roquette Frères, Coöperatie AVEBE U.A., AGRANA Beteiligungs-AG, PPZ Niechlow, Emsland-Stärke Limited, KMC Ingredients, Kerry Group, Aminola B.V., and PEPEES S.A.

Polaris Market Research has segmented the PotatProtein market report based on type, application, and region:

PotatProtein, Type Outlook (Revenue - USD Million, 2019 - 2032)

PotatProtein Concentrate

PotatProtein Isolate

PotatProtein, Application Outlook (Revenue - USD Million, 2019 - 2032)

Animal Feed

Meat Products

Food and Beverages

Supplement

Others

PotatProtein, Regional Outlook (Revenue - USD Million, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa