The North America Potato Protein Market would witness market growth of 5.0% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 11,471.4 tonnes, showcasing a growth of 11.1% (2020-2023).
In the potato protein market, one significant application of protein is in animal feed. The protein serves as a valuable source of high-quality protein for livestock, poultry, and aquaculture. This can be incorporated into animal feed formulations to enhance the nutritional content and balance the amino acid profile, contributing to the overall health and growth of the animals. Therefore, the animal feed segment registered a volume of 4,730.4 tonnes in the US market in 2023.
The US market dominated the North America Potato Protein Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $158 million by 2031. The Canada market is experiencing a CAGR of 7.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6.4% during (2024 - 2031).
The market refers to the industry involved in the production, distribution, and sale of protein, which is derived from potatoes. It is a valuable ingredient used in various food and beverage products due to its high nutritional value and functional properties. The adoption of protein has been steadily increasing across various industries, growing demand for plant-based alternatives, and the recognition of its nutritional and functional benefits.
With the rise of plant-based diets and increasing awareness of sustainability and animal welfare issues, consumers are actively seeking plant-based alternatives to traditional animal-derived products. As a plant-based protein source, this protein has gained popularity among consumers looking for allergen-free ingredients. In addition, the clean label trend, characterized by consumers’ preference for natural, has propelled the adoption of this protein.
With the rise of health-conscious consumers and growing awareness of environmental sustainability, there is a growing demand for plant-based food and beverage products in Canada. As per the data from the Government of Canada, in 2022, the food and beverage processing industry was the largest manufacturing industry in Canada in terms of production value, with sales of goods manufactured worth $156.5 billion. In 2022, processed food and beverage product exports reached a record value of $54.3 billion, marking a notable increase of 14.1% compared to the previous year. This accounted for 34.7% of the production value. With growing health consciousness among consumers in Mexico, there is a rising demand for healthier food options, including products fortified with functional ingredients like potato protein. Food retailers play a crucial role in meeting this demand by offering various health-focused products. According to the United States Department of Agriculture, there are 31 supermarket chains with a combined 3,435 stores. Moreover, Mexico boasts 2,484 department stores and 62,377 specialized stores nationwide. More than 56 percent of the retail sector is covered by informal establishments (mobile street vendors and open public markets), which traditionally distribute local products. In conclusion, the expansion of the food and beverage industry and the growing food retail sector are promoting market growth.
Free Valuable Insights: The Potato Protein Market is Predict to reach USD 742.8 Million by 2031, at a CAGR of 5.3%
Based on Type, the market is segmented into Isolate, and Concentrate. Based on Application, the market is segmented into Animal Feed, Supplements, Bakery & Confectionery, Meat, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Cooperatie Koninklijke Cosun U.A. (Royal Cosun)
- Royal Avebe U.A.
- Sudstrake GmbH
- Meelunie B.V. (Hoogwegt Groep B.V.)
- Omega Protein Corporation (Cooke, Inc.)
- Kemin Industries, Inc.
- Emsland Group
- KMC Ingredients Company
- Tereos S.A.
- Roquette Freres SA
North America Potato Protein Market Report Segmentation
By Type (Volume, Tonnes, USD Million, 2020-2031)
By Application (Volume, Tonnes, USD Million, 2020-2031)
- Animal Feed
- Supplements
- Bakery & Confectionery
- Meat
- Others
By Country (Volume, Tonnes, USD Million, 2020-2031)
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Potato Protein Market, 2020 - 2023, USD Million
TABLE 2 North America Potato Protein Market, 2024 - 2031, USD Million
TABLE 3 North America Potato Protein Market, 2020 - 2023, Tonnes
TABLE 4 North America Potato Protein Market, 2024 - 2031, Tonnes
TABLE 5 North America Potato Protein Market by Type, 2020 - 2023, USD Million
TABLE 6 North America Potato Protein Market by Type, 2024 - 2031, USD Million
TABLE 7 North America Potato Protein Market by Type, 2020 - 2023, Tonnes
TABLE 8 North America Potato Protein Market by Type, 2024 - 2031, Tonnes
TABLE 9 North America Isolate Market by Region, 2020 - 2023, USD Million
TABLE 10 North America Isolate Market by Region, 2024 - 2031, USD Million
TABLE 11 North America Isolate Market by Region, 2020 - 2023, Tonnes
TABLE 12 North America Isolate Market by Region, 2024 - 2031, Tonnes
TABLE 13 North America Concentrate Market by Region, 2020 - 2023, USD Million
TABLE 14 North America Concentrate Market by Region, 2024 - 2031, USD Million
TABLE 15 North America Concentrate Market by Region, 2020 - 2023, Tonnes
TABLE 16 North America Concentrate Market by Region, 2024 - 2031, Tonnes
TABLE 17 North America Potato Protein Market by Application, 2020 - 2023, USD Million
TABLE 18 North America Potato Protein Market by Application, 2024 - 2031, USD Million
TABLE 19 North America Potato Protein Market by Application, 2020 - 2023, Tonnes
TABLE 20 North America Potato Protein Market by Application, 2024 - 2031, Tonnes
TABLE 21 North America Animal Feed Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Animal Feed Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Animal Feed Market by Country, 2020 - 2023, Tonnes
TABLE 24 North America Animal Feed Market by Country, 2024 - 2031, Tonnes
TABLE 25 North America Supplements Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Supplements Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Supplements Market by Country, 2020 - 2023, Tonnes
TABLE 28 North America Supplements Market by Country, 2024 - 2031, Tonnes
TABLE 29 North America Bakery & Confectionery Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Bakery & Confectionery Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Bakery & Confectionery Market by Country, 2020 - 2023, Tonnes
TABLE 32 North America Bakery & Confectionery Market by Country, 2024 - 2031, Tonnes
TABLE 33 North America Meat Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Meat Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Meat Market by Country, 2020 - 2023, Tonnes
TABLE 36 North America Meat Market by Country, 2024 - 2031, Tonnes
TABLE 37 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Others Market by Country, 2020 - 2023, Tonnes
TABLE 40 North America Others Market by Country, 2024 - 2031, Tonnes
TABLE 41 North America Potato Protein Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Potato Protein Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Potato Protein Market by Country, 2020 - 2023, Tonnes
TABLE 44 North America Potato Protein Market by Country, 2024 - 2031, Tonnes
TABLE 45 US Potato Protein Market, 2020 - 2023, USD Million
TABLE 46 US Potato Protein Market, 2024 - 2031, USD Million
TABLE 47 US Potato Protein Market, 2020 - 2023, Tonnes
TABLE 48 US Potato Protein Market, 2024 - 2031, Tonnes
TABLE 49 US Potato Protein Market by Type, 2020 - 2023, USD Million
TABLE 50 US Potato Protein Market by Type, 2024 - 2031, USD Million
TABLE 51 US Potato Protein Market by Type, 2020 - 2023, Tonnes
TABLE 52 US Potato Protein Market by Type, 2024 - 2031, Tonnes
TABLE 53 US Potato Protein Market by Application, 2020 - 2023, USD Million
TABLE 54 US Potato Protein Market by Application, 2024 - 2031, USD Million
TABLE 55 US Potato Protein Market by Application, 2020 - 2023, Tonnes
TABLE 56 US Potato Protein Market by Application, 2024 - 2031, Tonnes
TABLE 57 Canada Potato Protein Market, 2020 - 2023, USD Million
TABLE 58 Canada Potato Protein Market, 2024 - 2031, USD Million
TABLE 59 Canada Potato Protein Market, 2020 - 2023, Tonnes
TABLE 60 Canada Potato Protein Market, 2024 - 2031, Tonnes
TABLE 61 Canada Potato Protein Market by Type, 2020 - 2023, USD Million
TABLE 62 Canada Potato Protein Market by Type, 2024 - 2031, USD Million
TABLE 63 Canada Potato Protein Market by Type, 2020 - 2023, Tonnes
TABLE 64 Canada Potato Protein Market by Type, 2024 - 2031, Tonnes
TABLE 65 Canada Potato Protein Market by Application, 2020 - 2023, USD Million
TABLE 66 Canada Potato Protein Market by Application, 2024 - 2031, USD Million
TABLE 67 Canada Potato Protein Market by Application, 2020 - 2023, Tonnes
TABLE 68 Canada Potato Protein Market by Application, 2024 - 2031, Tonnes
TABLE 69 Mexico Potato Protein Market, 2020 - 2023, USD Million
TABLE 70 Mexico Potato Protein Market, 2024 - 2031, USD Million
TABLE 71 Mexico Potato Protein Market, 2020 - 2023, Tonnes
TABLE 72 Mexico Potato Protein Market, 2024 - 2031, Tonnes
TABLE 73 Mexico Potato Protein Market by Type, 2020 - 2023, USD Million
TABLE 74 Mexico Potato Protein Market by Type, 2024 - 2031, USD Million
TABLE 75 Mexico Potato Protein Market by Type, 2020 - 2023, Tonnes
TABLE 76 Mexico Potato Protein Market by Type, 2024 - 2031, Tonnes
TABLE 77 Mexico Potato Protein Market by Application, 2020 - 2023, USD Million
TABLE 78 Mexico Potato Protein Market by Application, 2024 - 2031, USD Million
TABLE 79 Mexico Potato Protein Market by Application, 2020 - 2023, Tonnes
TABLE 80 Mexico Potato Protein Market by Application, 2024 - 2031, Tonnes
TABLE 81 Rest of North America Potato Protein Market, 2020 - 2023, USD Million
TABLE 82 Rest of North America Potato Protein Market, 2024 - 2031, USD Million
TABLE 83 Rest of North America Potato Protein Market, 2020 - 2023, Tonnes
TABLE 84 Rest of North America Potato Protein Market, 2024 - 2031, Tonnes
TABLE 85 Rest of North America Potato Protein Market by Type, 2020 - 2023, USD Million
TABLE 86 Rest of North America Potato Protein Market by Type, 2024 - 2031, USD Million
TABLE 87 Rest of North America Potato Protein Market by Type, 2020 - 2023, Tonnes
TABLE 88 Rest of North America Potato Protein Market by Type, 2024 - 2031, Tonnes
TABLE 89 Rest of North America Potato Protein Market by Application, 2020 - 2023, USD Million
TABLE 90 Rest of North America Potato Protein Market by Application, 2024 - 2031, USD Million
TABLE 91 Rest of North America Potato Protein Market by Application, 2020 - 2023, Tonnes
TABLE 92 Rest of North America Potato Protein Market by Application, 2024 - 2031, Tonnes
TABLE 93 Key Information – Cooperatie Koninklijke Cosun U.A. (Royal Cosun)
TABLE 94 Key Information – royal avebe u.a.
TABLE 95 Key Information – Sudstarke GmbH
TABLE 96 Key Information – Meelunie B.V.
TABLE 97 key information – Omega Protein Corporation
TABLE 98 Key Information – Kemin Industries, Inc.
TABLE 99 Key Information – Emsland Group
TABLE 100 Key Information – KMC Ingredients Company
TABLE 101 Key Information – Tereos sa
TABLE 102 Key Information – Roquette Freres SA
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Potato Protein Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Potato Protein Market
FIG 4 Porter’s Five Forces Analysis - Potato Protein Market
FIG 5 North America Potato Protein Market share by Type, 2023
FIG 6 North America Potato Protein Market share by Type, 2031
FIG 7 North America Potato Protein Market by Type, 2020 - 2031, USD Million
FIG 8 North America Potato Protein Market share by Application, 2023
FIG 9 North America Potato Protein Market share by Application, 2031
FIG 10 North America Potato Protein Market by Application, 2020 - 2031, USD Million
FIG 11 North America Potato Protein Market share by Country, 2023
FIG 12 North America Potato Protein Market share by Country, 2031
FIG 13 North America Potato Protein Market by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: Cooperatie Koninklijke Cosun U.A.
FIG 15 SWOT Analysis: Royal Avebe U.A.
FIG 16 Swot Analysis: Kemin Industries, Inc.
FIG 17 Recent strategies and developments: Emsland Group
FIG 18 SWOT Analysis: Emsland group
FIG 19 Swot Analysis: Tereos S.A
FIG 20 Swot Analysis: Roquette Freres SA