Potato Protein Market

According to MarketsandMarkets, the potato protein market is projected to reach USD 144 million by 2028 from USD 105 million by 2022, at a CAGR of 5.4% during the forecast period in terms of value. Potato protein being a type of plant-based protein consists of particularly high content of essential amino acids. It is produced together from potato starch and is available in the form of isolates and concentrates with approximately 78% high protein content. Most potato proteins are soluble in water and in water & salt solutions. Driving manufacturers in the potato protein demand is due to increasing joint and muscle mass-related health issues, especially among women.

The key players in this market include Avebe (Netherlands), Tereos (France), Kerry Group PLC (Ireland), Sudzucker AG (US), Roquette Freres (France), Emsland Group (Germany), KMC Ingredients (Denmark), Pepees Group (Poland), AKV Langholt (Denmark), PPZ Niechlow (Poland), The Scoular Company (US), Finnamyl (Finland), Kemin Industries (USA), Bioriginal (Canada), and Duynie (Netherlands).

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Avebe is engaged in the role of development of nutritional and healthy food products with potato-based solutions. They develop high-value ingredients from potato protein and potato starch. Avebe offers its potato protein products to different applications through different industries such as the food industry, and animal feed. Avebe operates its businesses in the Netherlands, the US, England, Germany, Sweden, Turkey, Singapore, Taiwan, China, and Japan. Production units of Avebe are based in Germany, the Netherlands, and Sweden.
In January 2022, Avebe invested in innovation with support from European Agricultural Fund for Rural Development (EAFRD). The company aimed to grow responsibly and sustainably; hence, it invested, extracting more content from potatoes and creating high market value.

Tereos is one of the largest manufacturers and suppliers of sugar, starch, and alcohol. The company operates through seven business segments, namely, Sugar, Starch, animal feed, protein, alcohol/ethanol and sweeteners and others (including energy). The company provides potato proteins through its starch & sweeteners segment. Tereos operates its business in nearly 13 countries, which include Belgium, Brazil, the Czech Republic, DOM, France, Germany, India, Indonesia, Italy, Kenya, Romania, Singapore, Spain, Tanzania, and the UK.
In September 2021, Tereos announced the sale of its 49% stake in its two Chinese starch joint ventures to its partner, YKA Group. The company targeted to focus on three pillars of the Group: Sugar & Renewables Europe, Sugar & Renewables International, and Starch & Sweeteners Europe. This strategic implementation impacted the company in improving its financial stability.

Kerry Group Plc is a public food company active in the areas of taste and nutrition. The company has two major business segments: Taste & Nutrition and Consumer Foods. It has a geographical presence across North America, Europe, South America, Asia Pacific, the Middle East, and Africa in over 140 countries. The country operates over 147 manufacturing sites in 32 countries across all six continents.

In March 2022, Kerry Group officially opened a food manufacturing facility in Rome, Georgia, with an investment of USD 137 million. This facility employed 250 people and provided integrated taste and nutrition solutions to help customers meet growing consumer demand in the poultry, seafood, and alternative protein markets across the US and Canada.

Emsland Group is a manufacturer of vegetable-based starch and proteins for food, feed, and industrial use. The company offers potato protein for application in animal feed, including pet food. It offers a range of potato protein products as part of its Empet product line that finds its application in animal feed. The company has a geographical presence across 120 countries in North America, Europe, South America, Asia, and the Middle East.

In May 2021, Emsland Group announced a strategic partnership with GEA Group AG to facilitate the construction and expansion of its potato protein production line at its Wietzendorf site in Germany. This aided the company in catering to the increasing demand for potato protein.

Related Reports:

Potato Protein Market by Type (Isolates and Concentrates), Nature (Organic and Conventional), Application (Food & Beverages and Feed), and Region (North America, Europe, Asia Pacific and Rest of the World) - Global Forecast to 2028

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