Key Facts about the Global Potato Protein Market: Read More to Know Why

The global potato protein market depicts the presence of a highly fragmented and competitive vendor landscape, owing to the existence of numerous players, says Transparency Market Research on the basis of a newly published report. Moreover, with the number of player entering the market rising in recent times, the competitiveness is expected to intensify during the next few years. Most businesses are looking towards different and new avenues to promote their expansion and gain bountiful revenue. Enhancing nutrient content in the host food product, controlling growth of product sold, and carrying out extensive research and development are key strategies employed by most companies working in the global potato protein market.

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Solanic BV (AVEBE Group), Roquette, Agrana, Omega Protein Corporation, E. I. du Pont de Nemours and Company, Kerry Group plc, Archer Daniels Midland Company, Cargill, KMC Ingredients, Südstärke, AKV Langholt, Peppes Group, Emsland Group, and Meelunie, are key players operating in the global potato protein market. Many companies are partnering with local farmers and other regional companies to expand their presence in the sector. These enterprises also are highly investing in this market to achieve positive research results and innovative techniques that can revolutionize protein potato manufacturing processes.

The global potato protein market is foretold to gain revenue worth US$152 mn by 2026, and such growth is projected to occur at a splendid CAGR of 3.6% during the forecast period from 2017 to 2026.

Rising Demand for Protein-rich Foods Stokes Market’s Development

Notable progress occurring in food technologies, especially in the sector that is promoting the benefits of protein-based diets, is primarily responsible for driving the global potato protein market. Moreover, a rising demand for potato protein as a key source of energy too has made the market gain fast paced growth. Many foods now use potato proteins as a prime ingredient. Thus, such importance attached to consumption of protein-rich foods also has proved to be beneficial to the global potato protein market. Furthermore, a rising inclination of consumers for protein-rich foods is expected to make the market witness soaring growth in the near future. Lastly, new production techniques and experimental trials are being conducted to enhance the production of potato proteins for large-scale production, thereby expanding the global potato protein market.

High Costs of Manufacturing Potato Protein Rich Foods Stunts Growth

However, processing potato protein rich foods is not yet available on a large-scale basis in many underdeveloped and emerging economies. This factor is greatly hindering the potato protein market, especially from a regional perspective. Moreover, lack of expertise and necessary equipment in these regions too is posing as an obstacle to the market’s growth, prohibiting major development. Also, high costs of undertaking the potato protein processes could prove to be expensive for the end users, thus notably hindering the global potato protein market. Nevertheless, many companies are expected to introduce cost-effective solutions in future, which is expected to reduce effects of the restraints acting on this market.

Get more Information: https://www.prnewswire.com/news-releases/global-potato-protein-market-forecasted-to-grow-at-a-moderate-cagr-of-36-during-2017-2026-observes-tmr-674581223.html