The global Potato Processing Market reported a large market size in 2019, which is expected to expand significantly in 2027 at a rapid revenue growth rate during the forecast period. Industry analysis indicates that demand for processed potatoes has been rising substantially and their adoption has been increasing in parallel due to changing market trends and consumption patterns, and these factors are expected to continue to support industry growth as well as market growth over the forecast period.
Potato is one of the most famous and common vegetables used in food preparations all over the world. Potatoes are commonly used in several processed food preparations, as they contain proteins and starch. Potato is a starchy root vegetable. Potato tubers are commonly used to produce chips, fries, flakes, and other snacks.
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Market Dynamics:
Rising awareness among consumers about the varying health benefits of organic and probiotic-based food and drinks is providing impetus to the global food and beverage industry. Consumers are also inclined towards “ethnic” and organic food products since it improves cardiovascular health, digestive issues, arthritis and other inflammatory conditions. Changing eating and dietary patterns of consumers is poised to lure brand owners and new entrants to expand their reach, especially in developing economies.
Based on distribution channel, the supermarket segment accounts for largest share and revenue proposition on account of ease of accessibility of F&B products in these facilities. Increasing consumer inclination towards clean-label products and curiosity for new products that are launched in marketing events held at major supermarkets by leading F&B companies will further favor growth of supermarket distribution channel.
The discusses in detail the production and consumption patterns, supply and demand, import/export, consumer demand and preference, macro- and micro-economic factors, current and emerging trends, market share, market size, and revenue growth in key regions across the globe such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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The insights in the report merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will aid customers make well-informed decisions for business growth strategies. The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
Manufacturers in the food and beverage industry are adopting are adopting various strategies to offer innovative products to cater to changing consumer demand and expand their footprint in the global market.
Some of the key players identified across the value chain of the Potato Processing Market include: R. Simplot Company, Burts Potato Chips Ltd, AGRANA Beteiligungs-AG, The Kraft Heinz Company, McCain Foods Limited, Lamb Weston Holdings, Inc., Agristo, NV, PepsiCo & Others.
The research report provides analysis and information according to market segments such as product type, applications, distribution channel and geography.
Potato Processing Market Segmentation based on Types: Frozen, Chips & Snack Pellets, Dehydrated, Others (Canned Potato, Potato Granules, Flour, and Starch)
Potato Processing Market Segmentation based on distribution Channel: Snacks, Ready-to-cook & Prepared Meals, Others (Food Additives in Soups, Gravies, Bakery Products, and Desserts)
Potato Processing Market Segmentation based on Applications: Foodservice, Retail, Others
Potato Processing Market Segmentation based on Regions: North America, Europe, Asia Pacific, Latin America, Middle East & Africa
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