Market Size of Asia-Pacific Potato Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.89 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia Pacific Potato Protein Market Analysis
Asia-Pacific potato protein market is forecasted to witness a CAGR of 6.89% during the forecast period (2020 - 2025).
- The market studied has witnessed a significant growth due to increasing intolerance towards animal protein, thereby leading to the shift in preference of the meat consuming population toward meat substitutes made of vegan protein, therefore, driving the Asia-Pacific market studied.
- Additionally, consumers in developing countries of the Asia-Pacific region such as India, China, etc, have started to increased the intake of vegan protein content in their daily diets. Companies have initiated awareness programs and campaigns, which are directed to make the consumers understand the benefits of alternative proteins and establish popularity among consumers, which is expected to drive the potato protein market growth in the coming years.
