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Global Potato Protein Market Analysis, Share, Forecast: By Application: Beverage, Snack and Bar, Animal Nutrition, Others; By Type: Potato Protein Concentrate, Potato Protein Isolate; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Global Potato Protein Market Outlook
The global potato protein market attained a value of about USD 116.69 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5% to reach nearly USD 181.05 million by 2032.
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Rising Demand for Gluten-Free Snacks Bolstering the Growth of the Potato Protein Industry
The rising preference for gluten-free snacks by the growing health-conscious population is surging the demand for potato protein, hence invigorating the growth of the market. The growing demand for sports nutrition by both sportspersons and the growing body-conscious population is also increasing the consumption of potato protein for muscle gains. Moreover, the increasing consumer awareness and the growing preference for organic products are leading to a surge in demand for potato protein derived from non-genetically modified potatoes, which is predicted to strengthen the industry growth.
Increasing Spending on Animal Nutrition Invigorating the Market for Potato Protein
The rising pet ownership and the increasing spending on pets by the pet parents are surging the demand for potato protein in animal nutrition. The high digestibility offered by potato protein makes it ideal for the nutrition of young animals, which is increasing its use in animal food products. In addition, the growing demand for functional food for pets to enhance their quality of life is increasing the deployment of potato protein, which is providing further impetus to the growth of the market. The robust growth of the animal husbandry industry in developing regions is leading to a surge in demand for potato protein, especially for lactose intolerant animals like pigs, which is significantly contributing to the industry growth.
Potato Protein: Market Segmentation
Potato protein is a high-grade protein concentrate that provides various essential amino acids. It has excellent biological value and high protein digestibility. Potato protein is increasingly consumed as a replacement for vegetable-based protein to enhance the nutritional flavour of food and beverage products.
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The major application segments of potato protein are:
- Beverage
- Snack and Bar
- Animal Nutrition
- Others
The market can be broadly categorised on the basis of its types into:
- Potato Protein Concentrate
- Potato Protein Isolate
The EMR report looks into the regional markets of potato protein like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing Demand for Clean Label Products to Fuel the Growth of the Potato Protein Industry
The rising demand for clean label products having transparency regarding the ingredients used in them, owing to surging concerns associated with rapid climate change, is increasing the demand for vegetable-based protein. This is increasing the incorporation of potato protein into various vegetarian products. Moreover, the growing vegan population, especially in countries such as the United Kingdom and Canada, among others, is increasing the requirement for food products with plant-based protein. The trend is expected to escalate due to the overwhelming demand for soy, rice, and pea proteins, in the flourishing vegan industry, which is predicted to invigorate the growth of the market.
The initiation of various research activities to bolster the cost-effectiveness and operational efficiency of the extraction of protein from potatoes is expected to drive the market growth. The potential use of potato protein to provide protection against cancer cells is projected to further surge its demand. In addition, the deployment of innovative technologies to utilise potato waste by reducing food wastage for the development of potato protein is anticipated to provide impetus to the growth of the industry in upcoming years.
Key Industry Players in the Global Potato Protein Market
The report presents a detailed analysis of the following key players in the global potato protein market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Royal Avebe U.A.
- Tereos Internacional SA
- Omega Protein Corporation
- Pepees S.A.
- Kemin Industries, Inc.
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Potato Protein Market Analysis
8.1 Key Industry Highlights
8.2 Global Potato Protein Historical Market (2018-2023)
8.3 Global Potato Protein Market Forecast (2024-2032)
8.4 Global Potato Protein Market by Application
8.4.1 Beverage
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Snack and Bar
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Animal Nutrition
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Potato Protein Market by Type
8.5.1 Potato Protein Concentrate
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Potato Protein Isolate
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Potato Protein Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Potato Protein Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Potato Protein Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Potato Protein Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Potato Protein Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Potato Protein Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Royal Avebe U.A.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Tereos Internacional SA
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Omega Protein Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Pepees S.A.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Kemin Industries, Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Potato Protein Market: Key Industry Highlights, 2018 and 2032
2. Global Potato Protein Historical Market: Breakup by Application (USD Million), 2018-2023
3. Global Potato Protein Market Forecast: Breakup by Application (USD Million), 2024-2032
4. Global Potato Protein Historical Market: Breakup by Type (USD Million), 2018-2023
5. Global Potato Protein Market Forecast: Breakup by Type (USD Million), 2024-2032
6. Global Potato Protein Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Potato Protein Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Potato Protein Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Potato Protein Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Potato Protein Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Potato Protein Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Potato Protein Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Potato Protein Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Potato Protein Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Potato Protein Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Potato Protein Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Potato Protein Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Potato Protein Market Structure
Key Questions Answered in the Report
In 2023, the global potato protein market attained a value of nearly USD 116.69 million.
The market is projected to grow at a CAGR of 5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 181.05 million by 2032.
The major market drivers include the growing demand for gluten-free snacks, the rising demand for sports nutrition, and the rising deployment of potato protein in animal nutrition.
The key trends propelling the market growth are the growing demand for clean label products, the initiation of various research activities to efficiently develop innovative plant protein, and the increasing vegan population.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major applications of potato protein include beverage, snack and bar, and animal nutrition, among others.
The significant types of potato protein are potato protein concentrate and potato protein isolate.
The major players in the market are Royal Avebe U.A., Tereos Internacional SA, Omega Protein Corporation, Pepees S.A., and Kemin Industries, Inc., among others.
Analyst Review
The global potato protein market attained a value of nearly USD 116.69 million in 2023, driven by the initiation of various research activities to efficiently develop innovative plant protein. Aided by the growing demand for gluten-free snacks, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5%. The market is projected to reach about USD 181.05 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its application, the potato protein industry can be segmented into beverage, snack and bar, and animal nutrition, among others. On the basis of types, the industry is divided into potato protein concentrate and potato protein isolate. The major regional markets for potato protein are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Royal Avebe U.A., Tereos Internacional SA, Omega Protein Corporation, Pepees S.A., and Kemin Industries, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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