Global Potato Protein market will reach 110 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/9/26

The global potato protein market is increasing due to its rising popularity of potato protein. Its high nutritional value and myriad health benefits are expected to boost the market over the forecast period. The product is broadly used in dairy, food supplements, and infant formulas. Growing consumption of dietary protein and rapid expansion of the food industry will also propel market growth. The growing vegan population that heavily relies on plant-based nutrition is anticipated to the key consumers. Furthermore, the innovative technologies in the feed industry are also expected make a significant contribution to the market growth. Increasing health consciousness will be augment usage of potato protein in various smoothies and shakes will also augment the product demand during the forecast period.

Also, expanding research and development activities in the food and beverages sector will fuel market growth. Moreover, increasing number of manufacturers in the food and beverages industry have also played a major role in opening up opportunities for the global potato protein market by developing innovative products.

The latest report published by QY Research, titled, “Global Potato Protein Market Report, History and Forecast 2014-2025”, anticipates the market will reach US$110 mn by 2025 from US$88 mn in 2018. The market will register a CAGR of 3.1% throughout the forecast period of 2019 and 2025. The market is mainly driven by the increasing awareness about the nutritional value of potato proteins, consumer concerns about food allergens in products, and vegan population.

Click to view the full report:
https://www.qyresearch.com/index/detail/718757/global-potato-protein-industry-research-report-growth-trends-and-competitive-analysis-2018-2025
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