Africa Potato Protein Market - Growth, Trends and Forecasts (2020 - 2025)

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Potato Protein Market

Market Insights

The Africa potato protein market was valued at USD XX billion in 2017 and is expected to reach USD XX billion by 2023 at an estimated CAGR of 2.5% during the forecast period 2018-2023.

Market Dynamics

The major factors influencing the African potato protein market are the rising demand for healthy, nutritious, and consumer awareness on the benefits of animal protein substitute. The region consumes lot of potato products including sweet potato, sweet potato leaves and in other forms. African potatoes are shown to be high in protein and resilient to many pests and diseases and also they are easy to raise. Some of the common variety utilized in the region are Hausa and Livingstone potatoes, which can be boiled, roasted, baked, or fried. The region has shortage of vitamin-rich vegetables, which leads to endemic malnutrition. The potato protein manufacturers have huge potential to utilize the native potatoes as a hearty solution for the consumers. 

Market segmentation

On the basis of type, the Africa potato protein market can be segmented into potato protein isolate and potato protein concentrate. With growing application in several sector of food and beverage particularly in formulations in beverage, snack & bars, baked goods, animal feed products, and others, the market is expected to boost at tremendous growth rate.

Competitive Landscape

 The companies are promoting the potato protein ingredient as green, safe, healthy, and less costly compared to competitors’ product offering and thus, consumers are ready to pay a premium for it. Some of the prominent players in the market include Avebe, Tereos group, Roquette, AKV Langholt AMBA, Royal Ingredients Group, Meelunie BV, PPZ Niechlow, WPPZ S.A., Kemin Industries, Cyvex Nutrition, Stauber Performance, KMC Ingredient, and Agridient.

Our report on Africa potato protein market covers the following-

  • Market Trends & Dynamics
  • Latest News & developments
  • Porter’s Five Force Analysis
  • Investment Scope
  • Deep-Dive Insights

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