Press Release

Saudi Arabia Potato Protein Market to grow with a CAGR of 5.67%

Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the Saudi Arabia Potato Protein Market.

 

According to TechSci Research report, “Saudi Arabia Potato Protein Market Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, Saudi Arabia Potato Protein Market is anticipated to witness an impressive growth in the forecast period with a CAGR of 5.67% through 2028. This can be due to collaborations and partnerships among leading companies with a diverse approach to merge the expertise of individual companies and to strengthen their position in the market. Meat alternatives and vegan products are significant drivers of demand in the Saudi Arabia Potato Protein Market. The growing popularity of plant-based diets, including veganism and vegetarianism, has led to increased demand for meat alternatives. Potato protein, as a plant-based source of protein, is a valuable ingredient in creating vegan and vegetarian meat alternatives. Health-conscious consumers are looking for alternatives to traditional meat products, as plant-based options are often perceived as healthier choices. Potato protein fits well into this trend due to its clean and natural profile. Many consumers who follow vegan or vegetarian diets are also interested in allergen-free and clean label products. Potato protein's allergen-free status makes it a preferred choice for individuals with dietary restrictions. Meat alternatives made from plant-based sources, including potato protein, are seen as more environmentally sustainable than traditional meat production. This aligns with the growing consumer concern for sustainability and reducing the carbon footprint. People who choose vegan and vegetarian diets often do so for ethical reasons related to animal welfare. The demand for meat alternatives supports these ethical concerns.

 

Browse over XX market data Figures and spread through XX Pages and an in-depth TOC on " Saudi Arabia Potato Protein Market.”

 

In October 2022, Nawah Scientific, a prominent provider of on-demand scientific services through its cloud lab, has officially initiated its presence in the Kingdom of Saudi Arabia with a soft launch. The company aims to establish a state-of-the-art mega lab, with investments reaching into the millions of dollars, catering to the requirements of various industries, including pharmaceuticals, food, agriculture, chemicals, and oil. This expansion marks Nawah's second regional venture, following its entry into Jordan in 2021. Nawah is introducing an innovative business model in the region, empowering scientists with the capabilities of the digital age.

Water scarcity is a significant challenge in the Saudi Arabia Potato Protein Market. Potato cultivation is water-intensive, and water scarcity can limit the growth of potato crops. Water resources are limited in Saudi Arabia due to its arid climate, and efficient water management practices are crucial for sustainable agriculture. To compensate for water scarcity, farmers may rely heavily on irrigation. However, improper irrigation practices, water wastage, and inefficient irrigation systems can lead to further water stress and negatively affect potato yields and quality. Water scarcity can result in crop stress, affecting the health and growth of potato plants. This can lead to reduced yields and lower-quality potatoes. When water is scarce, the cost of irrigation and water management can rise, impacting the overall production costs for potato farmers. This can reduce the economic viability of potato cultivation. Water scarcity may lead to competition for water resources among different sectors, including agriculture, industry, and domestic use. This can create additional challenges for securing an adequate water supply for potato cultivation. Sustainable agriculture practices, such as efficient water use and conservation, become crucial in mitigating the impact of water scarcity on potato cultivation. Farmers may need to invest in water-saving technologies and practices.

Saudi Arabia Potato Protein Market is segmented based on Type, Application, and by region.

Based on the Type, Saudi Arabia Potato Protein Market is segmented into Concentrates and Isolates. Isolates potato protein, or potato protein isolates, are highly refined and concentrated forms of protein derived from potatoes. These isolates are processed to contain a significantly higher protein content, typically around 90% or more, making them a potent and valuable source of plant-based protein. Isolates potato protein is obtained through an extraction process that separates the protein from other components of the potato, such as starch and fiber. This extraction is followed by further refinement to remove impurities and concentrate the protein content. Isolates potato protein is characterized by its exceptionally high protein content. It is one of the most protein-dense plant-based ingredients available, providing a concentrated source of essential amino acids. Similar to other potato protein forms, isolates potato protein is often considered a clean label ingredient. It is derived from whole potatoes and typically involves misolatedhemical processing.

Based on Region, Northern & Central region held the largest share in the Saudi Arabia Potato Protein Market. Collaborations between government agencies, research institutions, and private enterprises may be more common in these regions, contributing to the growth and development of the potato protein market. The Northern and Central regions may have a higher concentration of consumers with a preference for plant-based proteins and healthier dietary choices, driving the demand for potato protein products. Government policies and incentives to promote agricultural and food processing activities in these regions could attract investments and foster the growth of the potato protein industry.

 

Some of the major companies operating in the Saudi Arabia Potato Protein Market include:

  • Avebe UA
  • Agrana Group
  • Sudstarke GmbH
  • Meelunie BV
  • Omega Protein
  • Roquette Freres SA
  • KMC Ingredients

 

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“Certain areas, particularly in North America, are projected to exert significant demand for Potato Protein. The growth in the competitive landscape and the presence of well-established companies in the market, committed to enhance the overall wellbeing of people each year, are expected to contribute to a remarkable growth of the Saudi Arabia Potato Protein Market in the forecast period," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.

Saudi Arabia Potato Protein Market by Type (Concentrates and Isolates), By Application (Food & Beverages (Meat, Bakery, Processed Foods, Confectionery, Dairy and Others) and Feed), By Region, By Competition Forecast & Opportunities, 2018-2028F has evaluated the future growth potential of Saudi Arabia Potato Protein Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Potato Protein Market.

 

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