Market Overview:
The global processed potato products market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for convenience foods and rising disposable income of consumers across the globe. In terms of type, frozen processed potato products are expected to dominate the market during the forecast period owing to their longer shelf life as compared to other types of processed potato products. Chips & snack pellets are projected to be the fastest growing segment in terms of value due to their high demand from foodservice establishments and retailers across different regions. Among applications, foodservices is projected to account for majority share in terms of value in 2018, followed by retail sector.
Product Definition:
Processed potato products are defined as foods that are made from or include potatoes that have been processed in some way. This can include anything from freezing and dehydration to making chips or French fries. These products are important because they allow for the storage and transportation of potatoes, as well as the production of a wide variety of food items.
Frozen:
Frozen is a kind of processed potato products which includes French fries, chips, pallet snacks and other frozen food. It has high usage in the U.S., especially in fast-food restaurants due to its convenience factor and it's growth factor can be attributed to the rise in demand for fast food.
Chips & Snack Pellets:
Chips & Snack Pellets are the dehydrated and flavored potato snacks manufactured using various ingredients such as seasoning, oil, salt, and sweeteners. Chips & Snack Pellets find their application in various food products including frozen potato products like French fries and chips among others. The global market for chips & snack pellets is expected to witness significant growth over the forecast period owing to increasing demand from developing countries across the globe.
Application Insights:
Foodservice was the dominant application segment and accounted for over 60.0% of the total revenue share in 2017. The growth can be attributed to increasing demand for fast food products across various regions, including Asia Pacific, North America and Europe. Moreover, rising disposable income levels has led to an increase in spending on meals outside home which is expected to boost product demand in near future as well.
Retail is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increased consumer purchasing power coupled with high savings rates in developing countries such as China and India that are likely drive potato chip sales through retail channels over the forecast period. Furthermore, growing e-commerce industry has facilitated online sale of processed potato products which will further fuel market growth during the forecast period (2018-2030).
Regional Analysis:
Europe was the largest regional market in 2017 owing to high consumer preference for convenience food products. The region is expected to maintain its dominance over the forecast period due to growing processed foods industry and increasing demand for French fries, chips, and other snack products. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to changing consumer lifestyle along with rising disposable income levels in developing countries such as China and India. Moreover, increased spending on food & beverage by consumers looking for healthy alternatives will drive growth further.
North America held a significant share of global revenue in 2017 owing bothto high consumption as well as production levels of frozen potato products within U.S., Canada, and Mexico’s borders respectively). Furthermore; U.S.
Growth Factors:
- Increasing demand for convenience foods: The processed potato products market is driven by the increasing demand for convenience foods. These products are easy to cook and can be consumed as a snack or part of a meal.
- Rising disposable income: The growing disposable income of consumers is leading to an increase in the demand for premium-quality processed potato products.
- Urbanization and changing lifestyles: The growth of urban areas and changing lifestyles are contributing to the growth of the processed potato products market. Consumers in urban areas have less time to cook meals from scratch, so they are increasingly turning to convenient processed potato products instead.
- Growing awareness about health benefits: There is growing awareness among consumers about the health benefits of consuming processed potato products, such as weight management, improved digestion, and reduced risk of chronic diseases like heart disease and diabetes mellitus type 2 (T2DM). This is driving demand for healthier variants of these products. For example, there has been an increase in demand for low-fat or fat-free processed potato snacks over recent years . 5) Technological advancements: Processed potato product manufacturers are constantly innovating their offerings through technological advancements that improve taste, texture, nutritional value ,and packaging
Scope Of The Report
Report Attributes
Report Details
Report Title
Processed Potato Products Market Research Report
By Type
Frozen, Chips & Snack Pellets, Dehydrated, Other
By Application
Foodservices, Retails
By Companies
Lamb Weston Holdings, Mccain Foods, The Kraft Heinz, Aviko, J.R. Simplot, Idahoan Foods, Farm Frites International, Agristo, Intersnack Group GmbH, Limagrain Cereales Ingredients, The Little Potato, J.R. Short Milling, Agrana Beteiligungs
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
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Processed Potato Products Market Report Segments:
The global Processed Potato Products market is segmented on the basis of:
Types
Frozen, Chips & Snack Pellets, Dehydrated, Other
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
Foodservices, Retails
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:
- Lamb Weston Holdings
- Mccain Foods
- The Kraft Heinz
- Aviko
- J.R. Simplot
- Idahoan Foods
- Farm Frites International
- Agristo
- Intersnack Group GmbH
- Limagrain Cereales Ingredients
- The Little Potato
- J.R. Short Milling
- Agrana Beteiligungs
Highlights of The Processed 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:
- Frozen
- Chips & Snack Pellets
- Dehydrated
- Other
- By Application:
- Foodservices
- Retails
- 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 Processed 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.
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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?
Processed potato products are those that have been treated in a way that alters their nutritional value or texture. This can include being boiled, mashed, dehydrated, extruded, or deep-fried.
Some of the key players operating in the processed potato products market are Lamb Weston Holdings, Mccain Foods, The Kraft Heinz, Aviko, J.R. Simplot, Idahoan Foods, Farm Frites International, Agristo, Intersnack Group GmbH, Limagrain Cereales Ingredients, The Little Potato, J.R. Short Milling, Agrana Beteiligungs.
The processed potato products market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Processed 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 Processed Potato Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Processed 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 Processed 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 Processed Potato Products Market Size & Forecast, 2020-2028
4.5.1 Processed Potato Products Market Size and Y-o-Y Growth
4.5.2 Processed Potato Products Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Frozen
5.2.2 Chips & Snack Pellets
5.2.3 Dehydrated
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Foodservices
6.2.2 Retails
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Processed 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 Processed 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Frozen
9.6.2 Chips & Snack Pellets
9.6.3 Dehydrated
9.6.4 Other
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 Market Size Forecast by Applications
9.10.1 Foodservices
9.10.2 Retails
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Frozen
10.6.2 Chips & Snack Pellets
10.6.3 Dehydrated
10.6.4 Other
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 Market Size Forecast by Applications
10.10.1 Foodservices
10.10.2 Retails
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Frozen
11.6.2 Chips & Snack Pellets
11.6.3 Dehydrated
11.6.4 Other
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 Market Size Forecast by Applications
11.10.1 Foodservices
11.10.2 Retails
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Frozen
12.6.2 Chips & Snack Pellets
12.6.3 Dehydrated
12.6.4 Other
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 Market Size Forecast by Applications
12.10.1 Foodservices
12.10.2 Retails
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Frozen
13.6.2 Chips & Snack Pellets
13.6.3 Dehydrated
13.6.4 Other
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) Market Size Forecast by Applications
13.10.1 Foodservices
13.10.2 Retails
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 Processed Potato Products Market: Competitive Dashboard
14.2 Global Processed Potato Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lamb Weston Holdings
14.3.2 Mccain Foods
14.3.3 The Kraft Heinz
14.3.4 Aviko
14.3.5 J.R. Simplot
14.3.6 Idahoan Foods
14.3.7 Farm Frites International
14.3.8 Agristo
14.3.9 Intersnack Group GmbH
14.3.10 Limagrain Cereales Ingredients
14.3.11 The Little Potato
14.3.12 J.R. Short Milling
14.3.13 Agrana Beteiligungs
