Global Potato Protein Market Anticipated to Surge Expressively and Attain an Impressive Value of US$ 152 Mn by 2026

A fact that cannot be denied is that prevalent use of potato in the global food industry has served the dietary needs of generations of consumers across the world. Besides, with the rising advancements in food technology and soaring demand for protein-rich food, consumers have shifted their focus towards potato protein. Recently, a study focusing on the global demand for potato protein, which analyzes the expansion of the global potato protein market in near future has been broadcasted to the wide repository of Market Research Reports Search Engine (MRRSE). The study is titled as “Potato Protein Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2026” which throws light on market growth and analyze how the demand for potato protein will evolve over the period, 2017-2026. Moreover, the report also highlights opportunities in the market at the global and regional level.

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According to the study, the demand for potato protein has gained traction for being a key source of energy and also its use in the production of high-nutritional foods. The report states that the global market for potato proteins is expected to witness a temperate growth at 3.6% CAGR during forecast 2017-2026. Also, it has been projected that by the end of 2026, more than US$150 million worth of potato protein will be consumed across the globe.

Segmental Landscape

Moving further, the report offers comprehensive insights into the market segmentation which is based on product type and application. Major product types include isolates and concentrate. On the other hand, the research study covers major applications which are dairy products, bakery & confectionery, meat products, beverages, processed food, animal feed and sports nutrition. Apart from that, the research evaluates market’s growth on the basis of revenue in US$ Mn, covering different geographical regions namely Europe, Asia Pacific, North America, Middle East & Africa and Latin America.

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As per the market segmentation, the research finds that;

From a geographical point of view, Europe will represent the largest consumer market for potato proteins.
On the basis of application, potato proteins find lucrative application in the production of animal feed. Over the forecast period, more than 22% of the global potato protein market value is expected to be accounted by their sales in animal feed application.
In terms of type, the report estimates that during the forecast period, the sales of potato protein concentrates will outdo the sales of potato protein isolates. The study further also adds that increasing preference of consumers toward plant-based proteins has further propelled the consumption of potato protein.
As the report concludes, readers are offered information about the competitive landscape, which details about the various players active in the market. They are KMC Ingredients, Archer Daniels Midland Company, E. I. du Pont de Nemours and Company Roquette, Kerry Group plc., Solanic BV (AVEBE Group), Omega Protein Corporation, AKV Langholt, Agrana, Cargill, Südstärke, Peppes Group, Meelunie, and Emsland Group.

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This release was published on openPR.