Canada Potato Protein Market Outlook

the canadian potato protein market outlook for 2018 to 2032 offers a dynamic outlook for the potato protein market in canada. over the years, there has been an increase in the production and consumption of potato protein products in canada, making it a viable investment opportunity for investors. in 2018, the market for potato protein in canada was estimated to be worth about cad 1.3 billion. this was followed by an increase in the market size by about 20% in 2019, reaching an estimated value of cad 1.6 billion. due to a growth in consumer demand for healthier, sustainable and plant-based proteins, the trend is expected to continue and reach an estimated market value of cad 5.3 billion by 2032. global plant protein ingredients such as soybean, wheat, pea, and potato proteins will see a steady growth in demand due to health and wellness trends in the food industry. canada is the second largest producer of primary potato protein in the world, with the majority of supply coming from its westernmost province: alberta. the production of potato protein in canada is expected to increase due to the government’s efforts to promote the development of sustainable agriculture and plant-based protein sources. the growing demand for potato protein in canada has been attributed to its versatility and nutritional benefits. potato protein is low in fat and carbohydrates and high in protein and dietary fiber. it is also non-allergenic and gluten-free. additionally, it has been found to reduce cholesterol, aid in weight loss, and has anti-inflammatory properties. it can be used as ingredients in a variety of food and beverages, such as soups, smoothies, sauces, and snacks. to take advantage of the increasing demand for potato protein, manufacturers and processors in canada will need to focus more on research and development, and strive for new product innovations. furthermore, the development of efficient processing technology and storage solutions are essential for the growth of the market. overall, the forecast for the canadian potato protein market outlook for 2018 to 2032, indicates a positive growth trend for the industry. with the prominence of the health and wellness sector, as well as the government’s support for sustainable agriculture and plant-based protein sources in canada, the future of the market looks bright.