Global market for potato proteins is expected to witness a moderate growth at 3.6% CAGR in terms of value, during the forecast period, 2017-2026.
Albany, NY -- (SBWIRE) -- 03/16/2018 -- With the growing use of potato in the global food industry, several food investigators and biotech scientists have started studying its nutritional value. Recently, a study has been compiled, focusing on the global demand for potato protein, which analyzes the expansion of the global potato protein market till date and towards near future. The study is titled as "Potato Protein Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2026" which been broadcasted to the wide repository of Market Research Hub (MRH). According to the study, the demand for potato protein has gained traction for being a key source of energy. In addition, potato proteins are being used for the production of high-nutritional foods.
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Major Findings from the Study
It has been well identified that potato protein helps support strong muscles & promotes a healthy immune system. The arrival of potato protein has been instrumented by growing advancements in food industry and a climbing demand for protein-rich foods. Increasing preference of consumers toward plant-based proteins has further propelled the consumption of potato protein. 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.
According to the key evaluations, the global market for potato proteins is expected to witness a moderate growth at 3.6% CAGR in terms of value, during the forecast period, 2017-2026. From a geographical point of view, Europe will represent the largest consumer market for potato proteins.
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. Out of these, the report estimates that during the forecast period, the sales of potato protein concentrates will outdo the sales of potato protein isolates.
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On the basis of application, the research study covers dairy products, bakery & confectionery, meat products, beverages, processed food, animal feed and sports nutrition. The report has observed that 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. The report also reveals that dairy product applications of potato proteins will gain the fastest traction in the coming years.
The report also provides extensive competitive analysis and profiles of the principal companies in the global potato protein market. They are KMC Ingredients, E. I. du Pont de Nemours and Company Roquette, Solanic BV (AVEBE Group), Archer Daniels Midland Company, Omega Protein Corporation, Agrana, Kerry Group plc., Cargill, Südstärke, Peppes Group, AKV Langholt, Meelunie, and Emsland Group.
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