The potato protein market was valued at USD 69.7 Million in 2016; this is projected to reach USD 88.2 Million by 2022, at a CAGR of 4.1% during the forecast period. The rise in vegan population, consumer concerns regarding food allergens in products, and nutritional profile of potato proteins are the factors driving this market.
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Asia Pacific is projected to be the fastest-growing region in the potato protein market from 2017 to 2022. The growth of this market can be attributed to the growth in the demand for potato protein for use in feed, owing to Asia Pacific’s highest livestock population as well as feed consumption. The large base of the vegan population in the Asia Pacific region is a major driver for potato protein.
Europe accounted for the largest share of the market for potato protein. The dominant share of this region is attributed to the presence of most potato protein manufacturers in the region, resulting in the highest production as well as consumption.
Key players are Avebe (Netherlands), Tereos (France), Roquette (France), Agrana (Austria), and Omega Protein (US). Further, Peppes Group (Poland), Emsland Group (Germany), Meelunie (Netherlands), KMC Ingredients (Denmark), Südstärke (Germany), AKV Langholt (Denmark), and PPZ Niechlow (Poland) are few others players in this market.
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