Market overview:
Potato Protein Market has been valued $72.2 million in the year 2019 and it is estimated to reach $88.2 million by the year 2026, with a CAGR of 4.1 % from 2021 to 2026. Potato Protein it is most commonly known as a high grade protein concentrates. Potato protein has more features such as elevated protein content, and favourable amino acid profile and also low ash levels. Potato proteins have a very good nutritional value, equal to that of egg; these are the main factors that have considerably increased the demand for the Potato Protein in the market, thereby driving the huge growth of the Potato Protein market in the upcoming years
Market Drivers and Restrains:
The main factors that have considerably increased the demand for the Potato Protein in the market is mainly due to the huge increase in the health conscious among the consumers across the globe, the rise in the demand for these products is gaining high traction. Additionally, plant based protein ingredients find their major application in the food, beverage, and supplements, which raises the global potato protein market growth. Furthermore, with increase in number of people adopting veganism or cutting down meat consumption, the demand for potato protein is expected to increase considerably, thereby increase the potato protein market demand; these are the main factors that have considerably increased the demand for the Potato Protein in the market, thereby driving the huge growth of the Potato Protein market in the upcoming years
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Report is segmented as:
Potato Protein Market is segmented on the basis of by application; Potato Protein Market is segmented on the
basis of by type:
* Potato Protein Market is segmented on the basis of by application into Sports Food, Confectionery, Others
* Potato Protein Market is segmented on the basis of by type into Potato Protein Concentrate, Potato Protein Isolate
Geographical Segmentation:
Potato Protein Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa and rest of world. North America has the dominant share in the Potato Protein is due to the growing popularity are the main factors that have considerably increased the demand for the Potato Protein in the North America region , followed by Europe, Asia Pacific, Latin America and Middle East & Africa will register a slower increase in the Potato Protein Market
Impact of COVID-19 on Market
The COVID-19 pandemic continues to radically trade that amplify of variety of industries; however, the immediate have an effect on of the outbreak is varied. While some industries will register a visit demand, several others will proceed to remain unscathed and showcase promising increase opportunities. COVID-19 will have an occasional have an effect on the Potato Protein market. Due to the government restrictions like lockdown in many countries has stopped the production of products by the manufacturing companies, In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of corona virus are expecting to raise in the Potato Protein market growth
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