Potato Protein Market Size, Application, Current Trends, Top Key Players and Forecast to 2026

The global potato protein market size was valued at $363.6 million in 2018, and is projected to reach $648.4 million by 2026, registering a CAGR of 7.60% from 2019 to 2026.

Potato protein is the dry coproduct obtained during the production and separation of potato starch. It is a 100% plant protein that combines high protein quality with efficient fortification to fit into a sustainable lifestyle. For this reason, potato protein as an ingredient has several applications across the food & beverage industry, including confectionery, baked goods, soups & sauces, and snacks.

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The global demand for potato protein market is expected to increase due to the growing demand from consumers for plant-based proteins. For this reason, manufacturers have developed food products using plant-based ingredients such as potato protein. Furthermore, rise in vegetarianism and veganism among consumers worldwide has generated a positive impact for potato protein as an ingredient across an array of food & beverage categories. However, low concentration of protein in potatoes, limits the use of potato protien for commercial manufacturing which is anticipated to hinder the growth of the potato protein market during the forecast period.

Allergenicity has become a concern for consumers globally. Several animal and vegetable proteins, such as from soy, milk, egg, or wheat are declarable allergens. In addition, proteins obtained from rice, maize, or pea provide limited solubility, nutrition, and texture. This gives potato protein an edge in the plant protein market, as it provides a combination of superior functionality, high nutrition, and low allergenicity. In addition, potato proteins offer superior emulsifying, foaming, and gelling properties. Furthermore, they serve as a substitute for animal proteins such as egg albumen & egg yolk, meat & meat analogues, and egg-free dressings. Moreover, they are highly regarded as an ingredient for gluten-free bakery products.

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The global potato protein market analysis is carried on the basis of type, application and region. On the basis of type, the market is categorized into isolates, concentrates and hydrolysates. Among these, the isolates segment led the potato protein market in terms of revenue share in 2018, however the hydrolysates segment is anticipated to grow at the highest CAGR during the forecast period. Based on application, the market is bifurcated into animal feed, meat, bakery & confectionery, supplements and others. Among these, the animal feed segment garnered the highest market share in the potato protein market in 2018, however the bakery & confectionery segment is anticipated to grow at the highest CAGR during the forecast period. Region wise, the market is studied across North America, Europe, Asia-Pacific and LAMEA.

The key players in the potato protein industry include Avebe, Kemin Industries, Inc., Royal Cosun, KMC Ingredients, Tereos, Roquette Frères, PEPEES Group, Agrana, Bioriginal Food & Science Corp., and Meelunie B.V.

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Key Benefits for Stakeholders:
This report provides a quantitative analysis of the current potato protein market trends, estimations, and dynamics of the market size from 2019 to 2026 to identify the prevailing opportunity.
The key countries in all the major regions are mapped on the basis of their potato protein market share.
Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
A comprehensive analysis of factors that drive and restrict the market growth is provided.
An in-depth analysis of the market helps to determine the prevailing market opportunities.
The report includes details of the potato protein market analysis of the regional & global markets, key players, market segments, application areas, and growth strategies.

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