Press release
Industry Overview: Potato Protein Market 2017: Expected Major Development to be Observed across the Globe by 2026
Rising Demand for Protein-rich Food to Support Market Growth
“The global market for potato protein is benefiting substantially from the rising preference for protein-rich food,” says an analyst at TMR. Going forward, the market is likely to be driven by the notable progress in food technology and innovation over the next few years. However, the high cost associated with the processing of potato protein may hamper the growth of this market in the near future, states the research report.
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Europe to Remain Dominant
On the basis of the geography, the global market for potato protein has been classified into North America, Latin America, Asia Pacific excluding Japan, Japan, Europe, and the Middle East and Africa in this research report. Among these, the market in Europe has acquired the dominance, thanks to the high consumption potato protein. This regional market is expected to remain on the top over the next few years. The presence of a large pool of market players is likely to support this regional market in the years to come. The Middle East and Africa, North America, and Asia Pacific are also expected to witness a significant rise in their respective markets in the years to come, states the research report.
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The global market for potato protein is displaying a highly competitive business structure, finds a new research study by Transparency Market Research (TMR). Roquette, Solanic BV (AVEBE Group), Agrana, E. I. du Pont de Nemours and Co., Omega Protein Corp., Kerry Group Plc, Cargill, Archer Daniels Midland Co., KMC Ingredients, AKV Langholt, Südstärke, Peppes Group, Meelunie, and Emsland Group are some of the key players in this market, making its competitive landscape extremely fragmented. The leading companies are focusing on expanding their regional bases to strengthen their position. In the years to come, vendors in this market are likely to take up strategic partnerships, states the research report.
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