Market Overview:
The global frozen potato products market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as rising demand for convenience food, changing lifestyle and growing awareness about frozen potato products. In terms of type, the chips segment is expected to dominate the global frozen potato products market during the forecast period owing to its increasing demand from quick service restaurants (QSRs) and households across the globe. The non-chips segment is projected to grow at a higher CAGR than that of chips segment during 2018-2030. In terms of application, QSRs are anticipated to hold a dominant position in terms of revenue contribution throughout the forecast period followed by households and others segments respectively.
Product Definition:
Frozen potato products are made by freezing freshly-prepared potatoes. They are used to make french fries, hash browns, tater tots, and many other potato-based snacks. Frozen potato products offer a quick and easy way to prepare these snacks, and they can be stored for long periods of time.
Chips:
Chips are small pieces of fried potato. They are widely used in fast food products such as frozen potato products, French fries, chips and snacks. The growth factor for the market is increasing due to growing demand from developed countries and also developing countries like India & China etc.
The market is segmented on the basis of types such as russet, sweet & Idaho etc., which has a major impact on usage in frozen potato product manufacturing industry.
Non-chips:
Non-chips are the products that do not contain any form of potato chips. Non-chips can be used in frozen potato products such as French fries, chips etc. The product is gaining popularity among health conscious consumers who are shifting their taste preference from fried food to baked food and those who have allergies or concerns about consuming a certain type of potato chip.
Application Insights:
The quick service restaurant (QSR) application segment led the global frozen potato products market in 2017. Frozen potatoes are a convenient and affordable food option for quick service restaurants, which is expected to drive their demand over the forecast period. The household application segment is expected to witness significant growth over the next six years owing to rising disposable income among households across developing countries such as India, China and Brazil. This will lead them to spend more on food items from QSRs and casual dining restaurants, thereby driving demand for frozen potatoes.
The others segment includes institutional catering companies and other commercial organizations that serve fast foods such as pizza Hut, McDonald¢â‚¬â„¢s etc., These organizations require large quantities of pre-made ingredients that can be cooked quickly without having any effect on quality or taste of food items prepared using these ingredients.
Regional Analysis:
Europe dominated the global market in 2017. The regional growth is attributed to increased consumption of frozen products such as chips and French fries. North America is expected to witness significant growth over the forecast period owing to increasing health consciousness among consumers, which has resulted in a shift from fried foods toward baked or fresh ones. Asia Pacific is projected to be one of the fastest-growing regions during the forecast years on account of rising disposable income levels and changing food preferences towards healthier options, especially among millennials.
The U.S., China, India, Brazil are some of the major countries with high potential for FRPIS market expansion due to growing demand for frozen potatoes across various applications including home delivery service (inclined toward middle-income groups), institutional catering services (upscale restaurants) and fast food outlets (low price). Demand for these products increases during festivals like Thanksgiving Day (in U.
Growth Factors:
- Increasing demand for convenience foods: Frozen potato products are convenient to cook and can be used in a variety of dishes. This is driving their demand among consumers, especially working professionals and young couples.
- Rising popularity of fast food chains: Fast food chains are increasingly offering frozen potato products as side dishes or toppings, which is boosting their sales.
- Growing awareness about the health benefits of potatoes: Consumers are becoming more aware of the health benefits offered by potatoes, such as being a good source of dietary fiber, potassium, and vitamin C. This is prompting them to include more frozen potato products in their diets.
- Innovative product offerings by manufacturers: Frozen potato product manufacturers are coming up with innovative offerings such as flavored fries and mashed potatoes that are attracting new consumers to the category.
Scope Of The Report
Report Attributes
Report Details
Report Title
Frozen Potato Products Market Research Report
By Type
Chips, Non-chips
By Application
Quick Service Restaurant, Household, Others
By Companies
McCain Foods, Lamb Weston, Simplot Foods, Aviko Group, Kraft Heinz, Agristo, Cavendish Farms, Farm Frites, General Mills, Nomad Foods, Ardo, Pizzoli, Landun, Goya Foods, Seneca Foods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Frozen Potato Products Market Report Segments:
The global Frozen Potato Products market is segmented on the basis of:
Types
Chips, Non-chips
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Quick Service Restaurant, Household, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- McCain Foods
- Lamb Weston
- Simplot Foods
- Aviko Group
- Kraft Heinz
- Agristo
- Cavendish Farms
- Farm Frites
- General Mills
- Nomad Foods
- Ardo
- Pizzoli
- Landun
- Goya Foods
- Seneca Foods
Highlights of The Frozen Potato Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chips
- Non-chips
- By Application:
- Quick Service Restaurant
- Household
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Frozen Potato Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Frozen potato products are a type of food that is made from potatoes that have been frozen. They can be eaten as is, or they can be used in recipes.
Some of the major companies in the frozen potato products market are McCain Foods, Lamb Weston, Simplot Foods, Aviko Group, Kraft Heinz, Agristo, Cavendish Farms, Farm Frites, General Mills, Nomad Foods, Ardo, Pizzoli, Landun, Goya Foods, Seneca Foods.
The frozen potato products market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Frozen Potato Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Frozen Potato Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Frozen Potato Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Frozen Potato Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Frozen Potato Products Market Size & Forecast, 2018-2028
4.5.1 Frozen Potato Products Market Size and Y-o-Y Growth
4.5.2 Frozen Potato Products Market Absolute $ Opportunity
Chapter 5 Global Frozen Potato Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Frozen Potato Products Market Size Forecast by Type
5.2.1 Chips
5.2.2 Non-chips
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Frozen Potato Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Frozen Potato Products Market Size Forecast by Applications
6.2.1 Quick Service Restaurant
6.2.2 Household
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Frozen Potato Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Frozen Potato Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Frozen Potato Products Analysis and Forecast
9.1 Introduction
9.2 North America Frozen Potato Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Frozen Potato Products Market Size Forecast by Type
9.6.1 Chips
9.6.2 Non-chips
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Frozen Potato Products Market Size Forecast by Applications
9.10.1 Quick Service Restaurant
9.10.2 Household
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Frozen Potato Products Analysis and Forecast
10.1 Introduction
10.2 Europe Frozen Potato Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Frozen Potato Products Market Size Forecast by Type
10.6.1 Chips
10.6.2 Non-chips
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Frozen Potato Products Market Size Forecast by Applications
10.10.1 Quick Service Restaurant
10.10.2 Household
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Frozen Potato Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Frozen Potato Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Frozen Potato Products Market Size Forecast by Type
11.6.1 Chips
11.6.2 Non-chips
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Frozen Potato Products Market Size Forecast by Applications
11.10.1 Quick Service Restaurant
11.10.2 Household
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Frozen Potato Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Frozen Potato Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Frozen Potato Products Market Size Forecast by Type
12.6.1 Chips
12.6.2 Non-chips
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Frozen Potato Products Market Size Forecast by Applications
12.10.1 Quick Service Restaurant
12.10.2 Household
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Frozen Potato Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Frozen Potato Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Frozen Potato Products Market Size Forecast by Type
13.6.1 Chips
13.6.2 Non-chips
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Frozen Potato Products Market Size Forecast by Applications
13.10.1 Quick Service Restaurant
13.10.2 Household
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Frozen Potato Products Market: Competitive Dashboard
14.2 Global Frozen Potato Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 McCain Foods
14.3.2 Lamb Weston
14.3.3 Simplot Foods
14.3.4 Aviko Group
14.3.5 Kraft Heinz
14.3.6 Agristo
14.3.7 Cavendish Farms
14.3.8 Farm Frites
14.3.9 General Mills
14.3.10 Nomad Foods
14.3.11 Ardo
14.3.12 Pizzoli
14.3.13 Landun
14.3.14 Goya Foods
14.3.15 Seneca Foods
