Global Frozen Potatoes Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
"Global Frozen Potatoes Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global frozen potatoes market report has been segmented on basis of product, end user, and region.
Global Frozen Potatoes Market: Overview
Potatoes are the most important vegetable crop. Potatoes are one of the most widely consumed crops in the world. Frozen potato are generally pre baked and quick frozen in order to offers wholesome foundation for any recipe. Potatoes vary in taste, shape and colour. Frozen potatoes are among all-time favourite freezer staples among many consumers. When a potato is frozen, the water content in the potato separates from the starch.
Global Frozen Potatoes Market: Dynamics
Growing number of quick service restaurants is a major factors expected to drive growth revenue in the global market over the next ten years. In addition, higher food expenditure, growing food and beverages sector, increasing number of commercial restaurants, higher demand for multi-cuisine food products, continuously increasing demand from food processing industry are some of the other factors expected to drive the growth in terms of revenue for the forecoming years. The major benefits of frozen potatoes for consumers is takes less time to cook and easy to prepare. However, high cost requirements for storage and transportation and products recall are some of the major factor that could restraint the growth of the target market to a significant extent. In addition, growing concerns about health and increased consumption of other healthy foods such as fruits and vegetables in developing and developed countries may hamper the demand for frozen potato products.
Global Frozen Potatoes Market: Segment Analysis
Among the product segments, the French fries segment is expected to register significant share and higher growth in terms of revenue in the global market. This is due to, ever increasing domestic and international demand for frozen potato products by fast food restaurants. Among the end user segments, the commercial is expected to register a higher market share, owing to rapidly growing food sector in developed as well as developing countries.
Global Frozen Potatoes Market: Trend
Increasing demand for on-the-go products such as French fries, nuggets, croquettes und fried grated potatoes, and many others has been increasing owing to changing lifestyle and adoption of westernized diet culture among consumers. This is major trends currently ongoing in various developed and developing countries across the globe.
Global Frozen Potatoes Market: Region Analysis
The market in North America is projected to register for high revenue in terms of value in the global market, followed by the market in Europe. This is primarily attributed, higher per capita consumption of frozen potato products in countries such as Canada and US. In addition, rising preference for fast food and other convenient food products among consumers, especially among younger section of society, in countries in the region is resulting in increasing demand for frozen potatoes from restaurants and other fast food suppliers and outlets and is expected to drive the growth of the North America frozen potatoes market. The market in Asia Pacific is anticipated to grow at a fastest CAGR in the upcoming years, owing to rapid urbanization resulting in changing food consumption patterns and preferences owing to entry of fast food retail giants in countries such as India, China, and Japan.
Global Frozen Potatoes Market Segmentation
Segmentation by product:
- French Fries
- Hash Brown
- Others (include Sweet Potatoes/Yam, Battered/Cooked, Twice Baked, etc.)
Segmentation by end user:
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- 11er Nahrungsmittel GmbH
- Al-Salam Cooling Co.
- Albert Bartlett & Sons (Airdrie) Limited
- Alexia Foods, Inc.
- ASTRA Food Processing Plant Company
- Procesadora Andina de Papa S.R.L. (Pa&Pa)
- Pohjolan Peruna Oy
- Ningxia Yujing Food Co. Ltd.
- Meade Potato Company
- Manohar International Private Limited
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