Market Size of Europe Potato Protein Industry
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 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 Size Summary
The European potato protein market is experiencing significant growth, driven by a rising number of health-conscious consumers and a shift towards plant-based diets. This trend is supported by the increasing adoption of vegetarian and vegan lifestyles across the continent, which is leading to a higher demand for meat substitutes and plant-based proteins. The market benefits from government support, as plant proteins require fewer natural resources compared to traditional protein sources. The primary end-user sectors for potato protein in Europe include food, feed, cosmetics, and biomaterials, with innovations and clean-label products further propelling market expansion. Despite challenges such as high dependency on imports, the local production of plant proteins is gaining traction, offering substantial opportunities for growth.
Germany stands out as a key player in the European potato protein market, with a significant vegan population driving demand for meat substitutes made from potato proteins. Global ingredient companies, such as Cargill, are actively participating in the market through joint ventures and distribution networks, while local distributors like Denk Ingredients are supplying potato protein in various forms across Europe. The market is characterized by consolidation, with companies focusing on developing innovative products for food applications, targeting segments like beverages, snack bars, bakeries, and confectionery. Major players in the market include Roquette Foods, Avebe, KMC Ingredients, and Tereos Group, all contributing to the growing popularity and application of potato protein in the region.
Europe Potato Protein Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Potato Protein Concentrate
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2.1.2 Potato Protein Isolate
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2.2 By Application
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2.2.1 Beverages
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2.2.2 Bakery and Confectionery
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2.2.3 Animal Nutrition
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2.2.4 Dietary Supplements
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2.2.5 Other Applications
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2.3 Geography
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2.3.1 Spain
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2.3.2 United Kingdom
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2.3.3 Germany
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2.3.4 France
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2.3.5 Italy
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2.3.6 Rest of Europe
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Europe Potato Protein Market Size 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.