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Asia Pacific Potato Protein Market Share & Forecast [2031]
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Asia Pacific Potato Protein Market Share & Forecast [2031]

Segments - Asia Pacific Potato Protein Market by Applications (Animal Nutrition, Snack & Bars, Beverages, Others), Types (Potato Protein Isolates and Potato Protein Concentrates), Geography (China, Japan, India, Australia, and Rest of Asia Pacific) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author : Anuradha B. More
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Fact-checked by : Vaibhav Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :FB-3587 | 4.5 Rating | 83 Reviews | 160 Pages | Format : PDF Excel PPT

Report Description


The Asia Pacific potato protein market size is expected to expand at a substantial CAGR during the forecast period, 2021-2028. The growth of market is attributed to preferential shift of meat eating population towards vegan protein along with increasing intolerance towards animal cruelty.

Asia Pacific Potato Protein Market Key Takeaways

Developing nations such as China and India have started adopting the intake of vegan protein content on their day-to-day basis. Several other companies have taken an initiative to educate and create awareness regarding the benefits associated to vegan protein and aims at establishing popularity among the consumers.

The protein alternative segments such as pea, soy, and potato are witnessing a dynamic change in the demand shift of consumers from animal to plant based proteins. This tilt towards organic-based vegan highly corresponds with the factors such as health concerns, ethical, and religious values, animal & environmental rights, and suitability issues.

Although animal based protein provide the required amino acid content for the human health, but it comes along with high cholesterol and other risk factors due to which population are shifting their preference towards plant-based protein which is expected to ascend in near future.

Another factor driving the market is the healthy factor associated with potato protein such as it strengthens and controls the blood sugar level, improves immune system, and offers high nutritional value and benefits.

The product is primarily used in dairy segment, food supplement and more, thus the ever-growing population in countries like China, India, and Brazil causing expansion of food and beverages industry and growing consumption of dietary protein.

Moreover with the COVID-19 outbreak people of the Asian continent increased the consumption of more organic protein such as soy and potato and reduce the intake of animal-based protein from their diet.

  • Increasing preference of population towards meat substitute made of vegan proteins is expected to drive the market in the coming years.
  • Growing awareness regarding the health benefits associated with plant-based protein is estimated to boost the market during forecast period.
  • Rising animal cruelty and concern towards environment is anticipated to propel the market during the projected period.
  • Increasing intake of plant protein amid COVID-19 spread is expected to spur the market in the coming years.
  • High cholesterol and other related issues associated with the consumption of animal- based protein are anticipated to spike up the market during the projected period.
  • Constant product innovation within the segment to cater the changing demand of the consumers is estimated to drive the market during the forecast period.
  • Rapid growth of food industry due to growing populations is expected to augment the market in the coming years.

Scope of the market

The report on the Asia Pacific 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 – Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Animal Nutrition, Snack & Bars, Beverages, Others), Types (Potato Protein Isolates and Potato Protein Concentrates)

Geographical Scope

China, Japan, India, Australia, Rest of Asia Pacific

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Cooperative AVEBE U.A.; Kemin Industries, Inc.; Roquette Freres; AGRANA Beteiligungs- AG; Bioriginal Food & Science Corp.

Market segment insights

The food & beverages industry is expected exhibit high CAGR

Based on applications, the market is segregated into animal nutrition, snack & bars, beverages, and others. The food & beverages segment is expected exhibit high CAGR in the coming years due to increasing population in some countries within the region, and rising health concern augments the product demand to be used in smoothies and shakes.

The potato protein isolates segment is estimated to hold key share of the market

On the basis of types, the market is bifurcated into potato protein isolates and potato protein concentrates. The potato protein isolates segment is estimated to hold key share of the market during the forecast period owing to the nature of isolates that consists of minimal fats and carbs and is beneficial for immune system. However potato protein concentrates segment is estimated to grow at a rapid pace due to the products comprises concentrates involves low fats, cholesterol, and lactose and is rich in protein such as cereals and yogurts.

Asia Pacific Potato Protein Market By Types

India is anticipated to dominate the market

In the term of geographies, the market is classified as China, Japan, India, Australia, and Rest of Asia Pacific. India is anticipated to dominate the market during the projected period due to research and development activities on genetically modified potatoes consist of 60% protein, with the major vegan population and awareness about vegan snacks involves high nutritional benefits are some of the factors that help the country to dominate the position within the region.

Segments

Segments Covered in the Report
Asia Pacific potato protein market has been segmented on the basis of

Applications
  • Animal Nutrition
  • Snack & Bars
  • Beverages
  • Others
Types
  • Potato Protein Isolates
  • Potato Protein Concentrates
Geographies
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia Pacific
Key Players
  • AVEBE U.A.
  • Kemin Industries, Inc.
  • Roquette Freres
  • AGRANA Beteiligungs- AG
  • Bioriginal Food & Science Corp.

Competitive Landscape

Key players competing in the Asia Pacific potato protein market include Cooperative AVEBE U.A.; Kemin Industries, Inc.; Roquette Freres; AGRANA Beteiligungs- AG; and Bioriginal Food & Science Corp.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance

In November 2021, Kemin Industries, Inc. announced a new facility to produce clean-labeled protein ingredients for meat and poultry industries.

In April 2021, Kemin Industries, Inc. announces the acquisition of Proteus Industries, Inc. a privately held food and Ingredient Company, develops clean label protein ingredients an applications to improve yield, nutrition, and quality of meat and poultry based applications.

In November 2021, Roquette Freres inaugurates world’s major pea protein plant in Manitoba, Canada to meet the surging global demand for alternative proteins.

Asia Pacific Potato Protein Market By Key Players

Table Of Content

1. Executive Summary
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 Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Potato Protein Market Size and Volume Forecast by Types
     5.3.1. Potato Protein Isolates Potato Protein Concentrates
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Potato Protein Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Potato Protein Market Size and Volume Forecast by Applications
     6.3.1. Animal Nutrition Snack & Bars Beverages Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Potato Protein Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Potato Protein Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Potato Protein Demand Share Forecast, 2019-2026
8. North 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
  8.2. North America Potato Protein Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Potato Protein Market Size and Volume Forecast by Types
     8.4.1. Potato Protein Isolates Potato Protein Concentrates
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Potato Protein Market Size and Volume Forecast by Applications
     8.7.1. Animal Nutrition Snack & Bars Beverages Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Potato Protein Demand Share Forecast, 2019-2026
9. Latin America 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. Latin America Average Pricing Analysis
  9.2. Latin America Potato Protein Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Potato Protein Market Size and Volume Forecast by Types
     9.4.1. Potato Protein Isolates Potato Protein Concentrates
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Potato Protein Market Size and Volume Forecast by Applications
     9.7.1. Animal Nutrition Snack & Bars Beverages Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Potato Protein Demand Share Forecast, 2019-2026
10. Europe 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. Europe Average Pricing Analysis
  10.2. Europe Potato Protein Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Potato Protein Market Size and Volume Forecast by Types
     10.4.1. Potato Protein Isolates Potato Protein Concentrates
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Potato Protein Market Size and Volume Forecast by Applications
     10.7.1. Animal Nutrition Snack & Bars Beverages Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Potato Protein Demand Share Forecast, 2019-2026
11. Asia Pacific 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. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Potato Protein Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Potato Protein Market Size and Volume Forecast by Types
     11.4.1. Potato Protein Isolates Potato Protein Concentrates
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Potato Protein Market Size and Volume Forecast by Applications
     11.7.1. Animal Nutrition Snack & Bars Beverages Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Potato Protein Demand Share Forecast, 2019-2026
12. Middle East & Africa Potato Protein Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Potato Protein Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Potato Protein Market Size and Volume Forecast by Types
     12.4.1. Potato Protein Isolates Potato Protein Concentrates
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Potato Protein Market Size and Volume Forecast by Applications
     12.7.1. Animal Nutrition Snack & Bars Beverages Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Potato Protein Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Potato Protein Market: Market Share Analysis
  13.2. Potato Protein Distributors and Customers
  13.3. Potato Protein Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. AVEBE U.A. Kemin Industries, Inc. Roquette Freres AGRANA Beteiligungs- AG Bioriginal Food & Science Corp.

Methodology

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