Home > Food & Beverages > Proteins > Potato Peel Powder Market
Potato Peel Powder Market Size
- Report ID: GMI11027
- Published Date: Aug 2024
- Report Format: PDF
Potato Peel Powder Market Size
Potato Peel Powder Market size was valued at USD 3.3 billion in 2023 and is expected to grow at 6.3% CAGR from 2024 to 2032. The increasing awareness of sustainability, the rising demand for natural and organic products, and the shift towards waste reduction in the food processing industry are driving these trends. Once considered waste, potato peel is now being transformed into a valuable ingredient due to its rich nutritional profile, including dietary fibers, vitamins, and antioxidants. This transformation aligns with the global movement towards sustainable consumption and production practices, emphasizing waste minimization and resource optimization.
In the potato peel powder market, global business trends are shifting towards organic products as consumers become more health-conscious and environmentally aware. Organic potato peel powder is gaining traction in the food and beverage sector, particularly in clean-label products. The nutraceutical industry is also recognizing the value of potato peel powder, highlighting its health benefits such as antioxidant properties and digestive health support. Additionally, there is growing interest in potato peel powder within the cosmetics and personal care sectors, driven by the demand for natural and sustainable ingredients.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Potato Peel Powder Market Size in 2023: | USD 3.3 Billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 6.3% |
| 2032 Value Projection: | USD 5.7 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 172 |
| Segments covered: | By Product Type, By Application, By Distribution Channel |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Global business trends in the potato peel powder market are increasingly favoring organic products, driven by a health-conscious and environmentally aware consumer base. Organic potato peel powder is gaining momentum in the food and beverage sector, particularly for clean-label product manufacturing. The nutraceutical industry is also emerging as a key market for potato peel powder, attributed to its health benefits such as antioxidant properties and digestive health support. Additionally, the cosmetics and personal care industry is witnessing a growing trend of incorporating potato peel powder, fueled by the demand for natural and sustainable ingredients.
Frequently Asked Questions (FAQ) :
Potato Peel Powder Market Scope
