Africa Potato Protein Market by Product Types [Potato Protein Concentrate and Potato Protein Isolate], Applications [Animal Nutritional, Food, and Beverages], and Geography [Africa (Northern Africa, West Africa, Middle Africa, East Africa, and Southern Africa)] - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The Africa potato protein market size is anticipated to expand at significant CAGR during forecast period 2021–2028. Growth of the market is attributed to increase in trend of fitness center and health club, adoption of protein rich diet, and increasing population.
A potato protein is a plant-based protein delivered along with the potato starch. Potato proteins have a high protein content and are found in powder-form. The proteins are then cleaned, dried, and concentrated. During the method of extricating the starch from potatoes, a protein-rich extract is created. To eliminate the protein from the juice heat and acids are added to thicken them. The glycoalkaloids, a distinct factor made by the plant to keep pest off when it is developing in the field, could be an issue due to their minor toxicosis and severe taste. However, unique extraction method is used to create potato protein with low glycoalkaloids levels.
The Covid-19 pandemic affected the demand and supply of Africa potato protein market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Market Trends, Drivers, Restraints, and Opportunities
- Major development in sport nutrition sector is projected to boost the market in the coming years.
- Religious and ethical view among people about potato protein is the major factor fueling the market.
- Lack of awareness about whey protein possesses a main challenge that can hamper the market during the forecast period.
- High cost of the products and increased raw material prices is projected to hamper the market growth.
- R&D investment and technological advancement in potato protein is projected to create lucrative opportunities for the market players.
Scope of the Report
The report on the Africa potato protein market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
| Attributes | Details |
| Report Title | Potato Protein Market - Africa Industry Analysis, Growth, Share, Size, Trends, and Forecast |
| Base Year | 2020 |
| Historic Data | 2018-2019 |
| Forecast Period | 2021-2028 |
| Segmentation | Product Types [Potato Protein Concentrate and Potato Protein Isolate] and Applications [Animal Nutritional, Food, and Beverages] |
| Geographical Scope | Africa |
| Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
| Key Players covered in the Report | KMC ingredients, Meelunie B.V., Cooperative AVEBE U.A., Kemin Industries, Inc., Roquette Freres, Equistro, Tereos Syrol, Agridient Inc., Stauber Performance Ingredients, Inc., Cyvex Nutrition, Inc., Royal Ingredients Group, Akv Langholt A.M.B.A, PPZ Niechlow, and WPPZ S.A. |
Market Segment Insights
The food segment accounts for key share of the market and expected to grow at a rapid pace
Based on applications, the Africa potato protein market is segregated into animal nutritional, food, and beverages. The food segment accounts for a key share of the market. Growth of the market is attributed to rise in population, increasing disposable income, and increasing consumer awareness. However, the beverage segment is anticipated to expand at a rapid pace during the forecast period due to factors such as improved standard of living and intolerance towards animal protein.
The potato protein isolate segment is anticipated to expand at a high CAGR during the forecast period
On the basis of product types, the Africa potato protein market is bifurcated into potato protein concentrate and potato protein isolate. The potato protein isolates segment provides great possibility for improvement. They permit producers to meet present customer needs in clean labels, health, convenience, and premium quality. Potato protein isolates are natural and pure and they do not require any antigen tag. They are more tolerable than animal protein.
Geographical outlook
The Africa potato protein market is anticipated to expand at a significant CAGR during the forecast period due to increase in demand for sport nutrition supplement and rising awareness about healthy diet. Growth of the market is attributed to increasing use of potato protein in clinical nutrition, infant formula, and functional food.
Rapid development in the animal nutrition and functional food sectors, increased the demand for potato protein in the Africa with potato protein being the great suitable alternative. The market of Africa became one of the major import hubs for the potato protein due to increasing younger populations with fitness awareness, as it is an important factor in bodybuilding and weight management.
Segments
Segments Covered in the ReportThe Africa potato protein market has been segmented on the basis of
Product Types
- Potato Protein Concentrate
- Potato Protein Isolate
- Animal Nutritional
- Food
- Beverages
- Africa
- KMC ingredients
- Meelunie B.V.
- Cooperative AVEBE U.A.
- Kemin Industries, Inc.
- Roquette Freres
- Equistro
- Tereos Syrol
- Agridient Inc.
- Stauber Performance Ingredients, Inc.
- Cyvex Nutrition, Inc.
- Royal Ingrdients Group
- Akv Langholt A.M.B.A
- PPZ Niechlow
- WPPZ S.A.
Competitive Landscape
Key players competing in the Africa potato protein market includes KMC ingredients, Meelunie B.V., Cooperative AVEBE U.A., Kemin Industries, Inc., Roquette Freres, Equistro, Tereos Syrol, Agridient Inc., Stauber Performance Ingredients, Inc., Cyvex Nutrition, Inc., Royal Ingrdients Group, Akv Langholt A.M.B.A, PPZ Niechlow, and WPPZ S.A.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and rise their production line of the business in the coming years.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Potato Protein Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Potato Protein Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Potato Protein Market - Supply Chain
4.5. Global Potato Protein Market Forecast
4.5.1. Potato Protein Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Potato Protein Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Potato Protein Market Absolute $ Opportunity
5. Global Potato Protein Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Potato Protein Market Size and Volume Forecast by Applications
5.3.1. Animal Nutritional
5.3.2. Food
5.3.3. Beverages
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Potato Protein Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Potato Protein Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Potato Protein Demand Share Forecast, 2019-2026
7. North America Potato Protein Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Potato Protein Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Potato Protein Market Size and Volume Forecast by Applications
7.4.1. Animal Nutritional
7.4.2. Food
7.4.3. Beverages
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Potato Protein Demand Share Forecast, 2019-2026
8. Latin America Potato Protein Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Potato Protein Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Potato Protein Market Size and Volume Forecast by Applications
8.4.1. Animal Nutritional
8.4.2. Food
8.4.3. Beverages
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Potato Protein Demand Share Forecast, 2019-2026
9. Europe Potato Protein Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Potato Protein Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Potato Protein Market Size and Volume Forecast by Applications
9.4.1. Animal Nutritional
9.4.2. Food
9.4.3. Beverages
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Potato Protein Demand Share Forecast, 2019-2026
10. Asia Pacific Potato Protein Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Potato Protein Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Potato Protein Market Size and Volume Forecast by Applications
10.4.1. Animal Nutritional
10.4.2. Food
10.4.3. Beverages
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Potato Protein Demand Share Forecast, 2019-2026
11. Middle East & Africa Potato Protein Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Potato Protein Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Potato Protein Market Size and Volume Forecast by Applications
11.4.1. Animal Nutritional
11.4.2. Food
11.4.3. Beverages
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Potato Protein Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Potato Protein Market: Market Share Analysis
12.2. Potato Protein Distributors and Customers
12.3. Potato Protein Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. KMC ingredients
12.4.2. Meelunie B.V.
12.4.3. Cooperative AVEBE U.A.
12.4.4. Kemin Industries, Inc.
12.4.5. Roquette Freres
12.4.6. Equistro
12.4.7. Tereos Syrol
12.4.8. Agridient Inc.
12.4.9. Stauber Performance Ingredients, Inc.
12.4.10. Cyvex Nutrition, Inc.
12.4.11.
The Africa potato protein market has been segmented on the basis of
Product Types
- Potato Protein Concentrate
- Potato Protein Isolate
- Animal Nutritional
- Food
- Beverages
- Africa
- KMC ingredients
- Meelunie B.V.
- Cooperative AVEBE U.A.
- Kemin Industries, Inc.
- Roquette Freres
- Equistro
- Tereos Syrol
- Agridient Inc.
- Stauber Performance Ingredients, Inc.
- Cyvex Nutrition, Inc.
- Royal Ingrdients Group
- Akv Langholt A.M.B.A
- PPZ Niechlow
- WPPZ S.A.
Key players competing in the Africa potato protein market includes KMC ingredients, Meelunie B.V., Cooperative AVEBE U.A., Kemin Industries, Inc., Roquette Freres, Equistro, Tereos Syrol, Agridient Inc., Stauber Performance Ingredients, Inc., Cyvex Nutrition, Inc., Royal Ingrdients Group, Akv Langholt A.M.B.A, PPZ Niechlow, and WPPZ S.A.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and rise their production line of the business in the coming years.
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