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 |
Need a report that reflects how COVID-19 has impacted this market and its growth?
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.