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The potato peel powder industry is marked by intense competition among established players and emerging companies, all striving for market share in a rapidly expanding industry. Key strategies include product innovation, market expansion, strategic partnerships, and a strong focus on sustainability. Companies are investing heavily in research and development to enhance the nutritional profile of potato peel powder, thereby expanding its range of applications. Additionally, sustainability serves as a critical differentiator, with firms emphasizing eco-friendly production processes and the use of organic raw materials.
AGRANA Beteiligungs-AG stands out due to its extensive global network and commitment to sustainability, offering both organic and conventional potato peel powders. KMC is known for its innovative approach, focusing on developing functional ingredients derived from potato peel. Aayush Food Products has carved a niche with its emphasis on organic products and rigorous quality assurance. Foodchem International Corporation leverages its strong global distribution network to ensure product availability across various regions.
Top Tier Ingredients, LLC focuses on product customization to meet specific client needs. Mahalaxmi Agro is distinguished by its extensive experience in agro-processing, offering high-quality potato peel powders. Emerging players Young Farmer and Go Green Agri Solutions are recognized for their innovative and sustainable production practices.
Top companies operating in the potato peel powder industry include:
The market size of potato peel powder reached USD 3.3 billion in 2023 and will grow at 6.3% CAGR from 2024 to 2032, due to increasing awareness of sustainability, the rising demand for natural and organic products, and the shift towards waste reduction in the food processing sector
Demand for conventional potato peel powder is anticipated to expand at an 6.4% CAGR during 2024-2032, owing to rising utilization in the food and beverage, nutraceuticals, and cosmetics sectors
North America market is expected to grow at a 6.5% CAGR through 2032, led by growing demand for clean-label products
AGRANA Beteiligungs-AG, KMC, Aayush Food Products, Foodchem International Corporation, Top Tier Ingredients, LLC., Mahalaxmi Agro, Young Farmer, and Go Green Agri Solutions.