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Potato fiber Market Analysis

  • Report ID: GMI11008
  • Published Date: Aug 2024
  • Report Format: PDF

Potato Fiber Market Analysis

The soluble potato fiber segment is anticipated to reach USD 456 million by 2032, growing at a CAGR of over 4.6% during the forecast period, thanks to its functional benefits and versatility. Valued for enhancing texture, improving moisture retention, and acting as a prebiotic to promote digestive health, soluble potato fiber finds its way into a myriad of applications.
 

From baked goods and dairy products to beverages, it serves as a healthful ingredient, adding fiber without changing taste or texture. With a rising consumer interest in high-fiber and functional foods, the demand for soluble potato fiber is poised for growth, bolstered by its advantageous properties and adaptability in diverse food formulations.
 

Potato Fiber Revenue Share, By Nature, (2023)

The potato fiber market share from the organic segment will observe around 4.6% CAGR through 2032 with a market size of USD 534.6 million. As consumers increasingly favor natural and sustainably sourced ingredients, the organic segment of the market is expanding. Organic potato fiber, sourced from potatoes cultivated without synthetic pesticides or fertilizers, meets the rising demand for clean-label and eco-friendly products.
 

This segment finds growing applications in health foods, organic snacks, and functional beverages, areas where consumers prioritize transparency and purity. With the momentum of organic food trends, the organic potato fiber segment is poised for substantial growth, appealing to health-conscious consumers and aligning with overarching sustainability objectives.
 

The potato fiber market share from the food and beverages segment will observe around 4.7% CAGR through 2032 with a market size of USD 542.5 million. The market is witnessing a broadening scope within the food and beverages segment, underscoring its rising application across diverse product categories. Baked goods, including bread and muffins, increasingly incorporate potato fiber to enhance texture and boost dietary fiber content. Snacks and confectioneries benefit from potato fiber's moisture retention properties and its ability to deliver a pleasing mouthfeel.
 

In the beverage realm, potato fiber finds its way into functional drinks and smoothies, offering added fiber and associated health benefits. With consumers increasingly gravitating towards healthier, high-fiber choices, the demand for potato fiber in these segments is poised for growth, paving the way for innovation and broader market prospects.
 

The potato fiber market share from the supermarkets/hypermarkets segment will observe around 4.3% CAGR through 2032 with a market size of USD 290.9 million. Supermarkets and hypermarkets play a pivotal role in the market, thanks to their vast reach and accessibility to consumers. These retail giants offer a diverse range of food products, prominently featuring those enriched with potato fiber, appealing to health-conscious consumers and those opting for gluten-free alternatives.
 

Their extensive distribution networks not only introduce but also actively promote potato fiber-enhanced products. Furthermore, as the trend leans towards convenient and health-centric food choices, this segment's growth is bolstered. With a continued emphasis on healthy eating, supermarkets and hypermarkets are poised to see a marked surge in the demand for potato fiber products.
 

Europe Potato Fiber Market Size, 2021- 2032 (USD Million)

Europe potato fiber market will record a industry size of about USD 220.1 million and 4.3% CAGR during 2024 and 2032. Driven by a surge in consumer demand for health-conscious, high-fiber food options, the market is witnessing significant growth. Europe's commitment to nutrition and dietary fiber is evident in its diverse applications of potato fiber, ranging from bakery products to snacks and meat substitutes.
 

The market's growth is further bolstered by advanced processing technologies and a robust food industry infrastructure. The increasing popularity of gluten-free and functional foods also fuels the demand for potato fiber. With evolving health trends and regulatory backing for clean-label ingredients, the market stands ready for further expansion and innovation.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of potato fiber was worth USD 515.1 million in 2023 and will grow at a 4.8% CAGR between 2024 and 2032, led by growing consumer demand for healthier and gluten-free food options.

The soluble potato fiber segment will reach USD 456 million by 2032, primarily due to its versatile applications in food and beverage products

Europe market size will capture USD 220.1 million by 2032, propelled by its well-established food processing industry and high consumer demand for natural and clean-label ingredients.

Some of the key industry players are Lyckeby Starch AB, Agrana, Emsland Group, Avebe, ROQUETTE FRERES S.A, Ingredion, Sanacel, BI Nutraceuticals, and IFC, among others.

Potato fiber Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 9
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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