Global Processed Potatoes Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
"Global Processed Potatoes Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global processed Potatoes market report has been segmented on the basis of type, application, distribution channel, and region.
Global Processed Potatoes Market: Overview
Processed Potatoes are among the very important nutritional component of daily diets. The potatoes vary widely in moisture content and other quality measurements. The potatoes serving as a raw material for the processing industry is mandatory to meet a number of requirements such as injuries and defects, dry matter content, color, and size and shape of tubers. This type of variations can complicate the processing of Potatoes parameters in order to produce consistent and high-quality end-product. All the different stages of Potatoes processing are continuously monitored including par-fried, before blancher, raw, with batters, and before and after the dryer. The processed potatoes are used in a variety of foodstuff as products including food ingredients, French fries, Potatoes starch and as a starch source for vodka or alcohol production, dehydrated Potatoes flakes, animal feed.
Global Processed Potatoes Market: Dynamics
The increasing number of fast food chains and quick-service restaurants is a major factor expected to drive growth revenue in the global market over the next 10 years. In addition, growing demand for diversified nutritional need among individuals, rapidly expanding food processing industry, raising per capita income level, are some of the other factors expected to boost the demand for processed potatoes. However, fluctuating raw material prices is a major factor that could restrain the growth in term of revenue in the target market to a certain extent.
Global Processed Potatoes Market: Segment Analysis
Among the type segments, the frozen French fries segment is anticipated to hold for a higher share in terms of revenue in the global market. This is due to, French fries are among the highest saleable potato products and the growing number of restaurants and eateries globally. Among the application segments, the snacks are anticipated to register a major market share, owing to the increasing number of fast food outlets which are sprouting up at a very rapid rate especially in developing countries.
Global Processed Potatoes Market: Trends and Opportunities
Major key players are focusing on joint ventures and collaboration with various end-user industries of processed potatoes, in order to strengthen market presence and is a key trend witnessed in the market currently. Development of various technological advancement systems such as crop intelligent system; types of machinery can create a potential opportunity for the player operating in the target market.
Global Processed Potatoes Market: Region Analysis
The market in North America is estimated to account for the highest revenue share in the global market, followed by the market in Europe. This is due to, increasing demand for ready to cook and ready to eat food products in countries in this region. Revenue from the Asia Pacific processed potatoes market is anticipated to grow at a higher CAGR in the upcoming years. Owing to, higher demand for the suitable snacking choice of food and changing consumers taste and preferences, and increasing population especially in countries such as China and India.
Global Processed Potatoes Market Segmentation
Segmentation by type:
- Potatoes Flakes
- Potatoes Chips
- Potatoes Starch
- Frozen French Fries
- Other (include, flour, canned Potatoes, Potatoes granules, etc.)
Segmentation by application:
- Prepared Meals
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 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- The Kraft Heinz Company
- AGRANA Beteiligungs-AG
- McCain Foods Limited
- Lamb Weston Holdings, Inc.
- Farm Frites International B.V.
- R. Simplot Company
- Burts Potatoes Chips Ltd.
- Agristo NV
- Calbee, Inc.
- Aviko B.V.
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