Europe Potato Protein Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.70 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Potato Protein Market Analysis
The European potato protein market is projected to register a CAGR of 6.7% during the forecast period (202-2025).
- The market is primarily driven by the increasing number of health-conscious consumers in the region. The end-user markets in Europe present several opportunities for plant protein, as local production is undervalued, due to the high dependency on imports. The primary end-user markets for plant-based protein in Europe are food, feed, cosmetic, and biomaterials.
- There is high support from the governments, for the production and consumption of
plant protein, as they require fewer natural resources for attaining the same protein level. - The rising demand for clean-label products and several innovations in the market are some of the factors that may help overcome these challenges.
Europe Potato Protein Market Trends
This section covers the major market trends shaping the Europe Potato Protein Market according to our research experts:
Growing Vegan Trends In Europe
A growing number of Europeans are turning vegetarians or even vegans. As per studies, more people are refraining from eating meat and are adopting a vegetarian or vegan diet. According to a study by Meat Atlas, between 2% and 10% of the overall population has become vegan, whereas the European Vegetarian Union estimated it to be around 6%. The continent is the leader in providing meat substitutes, accounting for 39% of the global sales. Over 90% of the takeaway restaurants now offer vegetarian foods, with more than half of them offering gluten-free, dairy-free, and vegan products. This growth in the vegan population, in the region, will boost the sales of potato protein across the countries.
Germany Holds A Prominent Share
Germany is one of the countries that have the highest vegan populations in the world. The market is experimenting with different ways to extract protein, and meet the rising demand. Most meat substitute products, such as sausages and schnitzels, are usually made from plant proteins, like soy, and are now being made from potato
proteins. With the demand from the country various players in the market are entering the market. Global ingredient companies, like Cargill, have entered into joint ventures with firms, for the production of modified potato starch for non-food applications. AKV's
potato starch and potato protein are also sold through Cargill's distribution network. Denk Ingredients is a Germany-based distributor supplying raw health ingredients
in liquid and powder forms, to B2B businesses throughout Europe. It sells potato
protein online in both small and large commercial quantities.
Europe Potato Protein Industry Overview
The European potato protein market is a consolidated one. The companies are focusing on new and innovative products that can be incorporated into food applications. They are targeting beverages, snack bars, bakeries, and confectionary segments for their R&D, in order to boost the applications of potato protein, in the food segment.
Europe Potato Protein Market Leaders
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Roquette Foods
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Avebe
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KMC ingredients
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Tereos Group
*Disclaimer: Major Players sorted in no particular order
Europe Potato Protein Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Potato Protein Concentrate
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5.1.2 Potato Protein Isolate
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5.2 By Application
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5.2.1 Beverages
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5.2.2 Bakery and Confectionery
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5.2.3 Animal Nutrition
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5.2.4 Dietary Supplements
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5.2.5 Other Applications
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5.3 Geography
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5.3.1 Spain
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5.3.2 United Kingdom
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5.3.3 Germany
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5.3.4 France
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5.3.5 Italy
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5.3.6 Rest of Europe
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Roquette Foods
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6.3.2 Kemin Industries Inc.
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6.3.3 PEPEES Group
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6.3.4 The Agrana Group
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6.3.5 Agridient Inc.
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6.3.6 Tereos Group
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6.3.7 Avebe
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6.3.8 KMC ingredients
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Europe Potato Protein Industry Segmentation
The European potato protein market is segmented by type, into potato protein concentrate and potato protein isolate. The market is segmented by application, into beverages, bakery, confectionery and snacks, animal nutrition, dietary supplements, and other applications. The report also includes the geographical analysis of the market.
| By Type | |
| Potato Protein Concentrate | |
| Potato Protein Isolate |
| By Application | |
| Beverages | |
| Bakery and Confectionery | |
| Animal Nutrition | |
| Dietary Supplements | |
| Other Applications |
| Geography | |
| Spain | |
| United Kingdom | |
| Germany | |
| France | |
| Italy | |
| Rest of Europe |
Europe Potato Protein Market Research FAQs
What is the current Europe Potato Protein Market size?
The Europe Potato Protein Market is projected to register a CAGR of 6.70% during the forecast period (2024-2029)
Who are the key players in Europe Potato Protein Market?
Roquette Foods, Avebe , KMC ingredients and Tereos Group are the major companies operating in the Europe Potato Protein Market.
What years does this Europe Potato Protein Market cover?
The report covers the Europe Potato Protein Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Potato Protein Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Potato Protein Industry Report
Statistics for the 2024 Europe Potato Protein market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Potato Protein analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
