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Frozen Potato Market is Expected to Witness Healthy Growth at 6% CAGR through 2031

12-21-2021 03:11 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Frozen Potato Market

Frozen Potato Market

Newly released data from the frozen potato market analysis shows that global demand enjoyed a year-on-year growth of 3.9% to reach US$ 57.8 Bn in 2021, up from US$ 55.5 Bn in 2020. Revenues in the frozen fries segment are likely to remain elevated, yielding over 2/5th of the market revenue, while sales across the modern trade segment is likely to total US$ 25 Bn.

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Key Segments Covered

Product Type

Frozen Potato Fries
Frozen Potato Wedges
Frozen Stuffed Potatoes
Frozen Potato Chunks
Frozen Potato Slices
Frozen Potato Dices
Frozen Baked Potato
Other Frozen Potato Types

End User

Frozen Potato for Commercial Use
Frozen Potato for Residential Use

Distribution Channel

Frozen Potato Sales via Modern Trade
Frozen Potato Sales via Grocery Stores
Frozen Potato Sales via Convenience Stores
Online Frozen Potato Sales
Frozen Potato Sales via Other Distribution Channels

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Some Notable Offerings by Fact.MR Report on Frozen Potato market:

• Fact.MR will provide you an analysis of the extent to which this Frozen Potato market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
• Fact.MR will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
• Also, this report will help you to identify any trends to forecast growth rates.
• The analyzed report will forecast the general tendency for supply and demand.

Category-wise insights

Will Frozen Potato Fries Remain the Top Selling Product Type?
By product, the frozen potato fries segment is likely to contribute around 41% revenue, reaching a revenue share of nearly US$ 19 Bn by 2022. Rising popularity of fast food and subsequent emergence of quick service restaurants (QSRs) have largely widened growth prospects.

The fries market also exhibits high growth potential due to the ability of key manufacturers to develop new products and variations to meet consumer preferences.

Commercial Sector to Emerge as a Heavyweight for Frozen Potato Sales?
The commercial sector is the primary end-user of frozen potatoes, with high market potential for investment due to rising demand and the expansion of QSRs in various countries. Commercially, frozen potatoes and related products are used in hotels, fast food chains, and quick-service restaurants (QSRs).

Because of their reduced preparation time and ease of use, these products are widely accepted on a commercial scale. Furthermore, many caterers are inclined to use frozen food due to the convenience provided by these products. Fact.MR forecasts the sector yield a US$ 3.5 Bn incremental opportunity, capturing 3/5th revenue

Modern Trade Preferred Distribution Route for Frozen Potato Products?

Based on distribution channel, frozen potato products are expected to be extensively sold through modern trade channels, including hypermarkets and supermarkets. A revenue share exceeding US$ 25 Bn is anticipated for the segment until 2031.

Modern trade channels will likely comprise 33% of total revenue generated, attributed to consumer preferences for visiting retail and wholesale outlets for purchasing instant food products. Furthermore, these stores are conveniently located, enabling buyers to frequently visit them.

To get all-in insights on the regional landscape of the Frozen Potato Market, Buy Now:-https://www.factmr.com/checkout/307

After reading the Market insights of Frozen Potato Report, readers can:

• Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
• Analyze key regions holding significant share of total Frozen Potato market revenue.
• Study the growth outlook of Frozen Potato market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use & supply side analysis of Frozen Potato market.
• Investigate the recent R&D projects performed by each market player & competitive analysis of Frozen Potato Market Players.

Read More Trending Reports of Fact.MR: -https://www.einpresswire.com/article/556509410/demand-from-personal-care-cosmetic-products-to-drive-the-growth-of-solid-sericin-in-skincare

How Fact.MR Assists in Making Strategic Moves For Frozen Potato Market Manufacturer?
• The data provided in the Frozen Potato market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
• The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

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