Potato protein is a high-grade protein concentrate and consists of features such as favorable amino acid profile and low ash levels. Potato proteins have a very good nutritional value, equal to that of the egg. Potato protein concentrate is beneficial for muscle growth and assist to build up energy. It is gaining popularity in supplements and sports nutrition along with high demand in animal nutrition market. Potato isolates and potato concentrates are the two types of potato protein used in various industries.
Market Forecast:
Potato protein is cost-effective over the animal protein which
is gaining traction among the consumers globally. Increasing vegan population
is also driving the growth of the market. Moreover, the emulsifying, foaming,
and gelling properties of the potato protein isolates makes it an ideal
ingredient in the food application.
Potato
Protein Market Analysis
Potato protein is also used in animal feed to add to their
nutritional level which is growing the demand for potato protein market.
Moreover, the high nutritive value of potato protein is propelling the market
demand among the health-conscious population. However, there may exist some
health-related risk factors which must be investigated in detail before potato
protein is applied in the food industry as a new source of protein.
Nevertheless, all these factors are projected to contribute to the estimated
CAGR of 4.8% of potato protein market during the forecast period
2017-2023.
Downstream analysis:
On the basis of type, potato protein market is segmented into
potato protein isolates and potato protein concentrates. The potato protein
concentrates segment is anticipated to dominate the market owing to its high
application in various industries. However, the potato protein isolates segment
is projected to witness substantial growth over the forecast period.
Based on the application, potato protein market is segmented
into bakery & confectionery, dairy & frozen desserts, beverages,
supplements, snacks, animal nutrition, and others. The animal nutrition segment
is witnessed to be dominating the market owing to the high application of
potato protein in feed industry of which cattle and swine segment are the major
contributors. However, the supplements segment is an emerging segment and is
projected to gain steady growth over the forecasted period.
Competitive analysis:
The major players in the potato protein market
- Royal
Ingredients Group (the Netherlands)
- Avebe
(the Netherlands)
- Kemin
Industries, Inc (U.S.)
- Tereos
(France)
- Roquette
(France)
- Omega
Protein (U.S.)
- Emsland
Group (Germany)
Regional Analysis:
The global potato protein market is segmented into North
America, Europe, Asia Pacific, and rest of the world (RoW). Europe is
dominating the market followed by North America. High investment by key players
on the R&D and technological advancements is propelling the market growth
in Europe. High inclination of consumers towards functional food in North
America is driving the market for potato protein in this region.
Complete Report Details @ https://www.marketresearchfuture.com/reports/potato-protein-market-5424
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