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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.
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.
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.