Spain Potato Protein Market Share Analysis by Company Revenue and Forecast 2030
Potato Protein Market Analysis
The global potato protein market is predicted to touch USD 100.2
billion at a 4.88 % CAGR between 2022- 2030, according to the new report by
Market Research Future (MRFR). Potato protein, simply put, is the dry
co-product that is obtained at the time of the production as well as the
separation of potato starch. This is 100% plant protein, which combines the
high protein quality along with the efficient fortification in order to fit
into sustainable lifestyles. Potato protein for this reason as an ingredient has
multiple applications across the food and beverage sector, including snacks,
soups and sauces, baked goods, and confectionery. Potato protein concentrates,
and potato isolates are the two different types of potato protein that are
available in the market.
The Spain potato protein market is witnessing steady growth, driven by the increasing consumer demand for plant-based proteins. Potato protein, derived from potatoes through a process of extraction and purification, is gaining popularity as a sustainable and nutritious alternative to animal-based proteins.
Various factors are adding to the potato protein market growth. According to the new MRFR report, such factors include advancements in the feed & food industry, growing concerns about food allergens in products, increasing vegan population, high nutritional profile, and burgeoning demand for organic food products. Additional factors adding market growth include growing health consciousness, demand for plant-derived proteins from different end use industries, and multiple health benefits of consuming potato protein.
On the contrary, the lack of awareness, complexities in
potato protein production, limited consumption in feed & food industries,
and high production cost are factors that may limit the potato protein market
growth over the forecast period.
Key Players
Leading players profiled in the global potato protein market
report include Südstärke GmbH (Germany), KMC a.m.b.a. (Denmark), Meelunie B.V.
(Netherlands), Emsland Group (Germany), Pepees Group (Poland), Omega Protein
Corporation (US), Roquette Frères (France), The Agrana Group (Austria), Tereos
S.A. (France), and Coöperatie AVEBE U.A. (Netherlands). Industry players have
encompassed several strategies to stay ahead in the competition such as new
product launches, new product developments, extensive R&D activities, joint
ventures, partnerships, collaborations, contracts, strategic alliances, and
more.
Market Segmentation
The MRFR report gives an inclusive segmental analysis of the
global potato
protein market report based on application and type.
By type, the global potato protein market is segmented into
potato protein concentrates and potato isolates. Of these, potato protein
concentrates will lead the market over the forecast period. The high
application of potato protein concentrates is adding to the growth of the
segment. Potato isolates will have substantial growth over the forecast period.
By application, the global potato protein market is
segmented into animal nutrition, snacks, supplements, beverages, dairy and
frozen desserts, bakery and confectionery, and others. Of these, animal
nutrition will dominate the market over the forecast period while the
supplements segment will have a stable growth over the forecast period.
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