Frozen Potato Market Competitive Insights, Demand and Precise Outlook 2021-2030

The Global Frozen Potato Market size is estimated to be USD 58.86 billion in 2019 and is predicted to reach USD 85.93 billion by 2030 with a CAGR of 3.5% from 2020-2030.

Potato is one of the main staple foods produced and consumed on a large scale either in natural or preserved form. Potatoes are used in residential and commercial scales as per requirement. Frozen potatoes are the preserved one in their natural or preserved form with its nutritional value. Frozen potatoes are easy to cook and in no time it is ready as per the use. Potatoes can be cooked in different forms hence the demand for frozen potato in different forms such as French fries, mashed and others are required on a large scales specially for commercial purpose.

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Top Companies: Agristo NV, Agrarfrost GmbH & Co. KG, Coöperatie Koninklijke Cosun U.A. (Aviko NV), Bart’s Potatoo Industry, Farm Frites, Greenyard NV (Pinguin NV), J.R. Simplot Company, Himalya International Ltd., The Kraft Heinz Company, McCain Foods and others.

Market Dynamics and Trends

Over the period of time fast developing food industry with changing food habits across the globe coupled with technological advancement on a large scale. Moreover, increase in quick service restraunts and increasing trend of fast food is further expected to promote the growth of frozen potato market.

The other factors include increasing urbanization, increase in disposable income increased demand of convenience food product and ready to use food items are also expected to propel the market growth. However, increased demand of low temperature are high cost associated with it are expected to inhibit the growth of frozen potato market. Moreover, Increased demand of freshly prepared food and changing food habits with increase in working population are expected to further increase the demand of frozen potato and create ample opportunities in the frozen potato market over the forecast period.

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Market Segmentations and Scope of the Study:

The global frozen potato market share is analyzed on the basis of product, end user, and geography. On the basis of product, the market is segmented into French Fries, Hash Brown, Shapes, Mashed, Sweet Potatoes/Yam, Battered/Cooked, Twice Baked, Topped/Stuffed, and Others. On the basis of end user, the market is divided into residential and commercial. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is expected to hold the major market share owing to the increased adoption of convenience food products with high disposable income. Moreover, increase in quick service restraunts and rapid growth in food industry coupled with increased consumption of fast food are expected to further expect to accelerate the market growth.

Asia pacific is further expected to show rapid growth with constant increase in market share owing to wide development of food industry in developing economies with increase in disposable income and increased urbanization. Furthermore, wide uses and technological advancement are further expected to fuel the growth of frozen potato market.

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