Global Frozen Potato Market 2021 : Global Industry Analysis Report to 2028 | Lamb Weston Holdings, Inc., McCain Foods Limited, The Kraft Heinz Company

According to our latest market study, titled "Frozen Potato Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Product (French Fries, Hash Brown, Shaped, Mashed, Battered/Cooked, Topped/Stuffed, and Others) and End User (Residential and Commercial)," the market was valued at US$ 62,753.12 million in 2021 and is projected to reach US$ 83,889.18 million by 2028. It is expected to grow at a CAGR of 4.2% from 2021 to 2028. The report highlights key factors driving the market and prominent players and their developments.

Potatoes are one of the major staple food products consumed either as fresh potato or processed potato. They are one of the most widely consumed crops. One of the main types of processed potato is frozen potato which is highly convenient and flexible in relation to preparation time. Frozen potato contains different vitamins and nutrients in natural preserved form and has a long shelf life. It also contains vitamin B6, fiber, magnesium, and antioxidants. Frozen potato is made from processing the fresh potato with the help of advanced machinery at a very low temperature.

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Impact of COVID-19 Pandemic on Frozen Potato Market

Many sectors faced unprecedented challenges due to the COVID-19 pandemic. The food & beverages industry faced severe disruptions due to preventive measures taken by governments of different countries, including lockdowns, travel bans, and border restrictions. Moreover, due to the shortage of raw materials and labor, there was a shortfall in product supply, which led to a decline in sales. However, the demand for frozen potatoes even during the lockdowns remained steady. The COVID-19 outbreak has considerably increased the demand for frozen food because it retains nutrition for longer and has a longer shelf life than fresh vegetables. The lockdown situation worldwide increased the demand for frozen food products, enabling customers to avoid regular market visits. This factor also positively impacted the demand for frozen potatoes during the initial months of the COVID-19 pandemic. However, due to supply chain disruptions, raw material and labor shortages, and operational difficulties, there was a demand and supply gap that affected the global frozen potato market growth. For instance, McDonald's Japan discontinued sales of medium and large-size orders of French fries in mid-December due to the chain's continuing potato shortage. Moreover, due to the opening of restaurants and cafes across the globe, the frozen potato market is expected to witness significant growth in the coming years. Furthermore, residential sales grew significantly even during lockdowns as consumers had more family meals at home than ever before, and they were looking for convenient and cost-effective food products.

Frozen Potato Market Company Profiles Analysis:

• Lamb Weston Holdings, Inc.
• McCain Foods Limited
• The Kraft Heinz Company
• J.R. Simplot Company
• Bart's Potato Company
• Aviko B.V
• Agristo NV
• Greenyard
• Himalaya Food International Ltd
• Farm Frites International B.V.

Frozen Potato Market - by Product

• French Fries
• Hash Brown
• Shaped
• Mashed
• Battered/Cooked
• Topped/Stuffed
• Others

Frozen Potato Market - by End User

• Residential
• Commercial

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Frozen Potato Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Frozen Potato Market segments and regions.

The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Food and Beverages, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Frozen Potato Market globally. This report on 'Frozen Potato Market' provides the analysis on impact on Covid-19 on various business segments and country markets. The report also Frozen Potato Market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

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The research provides answers to the following key questions:

1. What is the estimated growth rate of the market for the forecast period 2022-2028? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Frozen Potato Market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Frozen Potato Market?
4. What are the prominent market trends influencing the development of the Frozen Potato Market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Frozen Potato Market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

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Frozen Potato Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Table of content:

1 Introduction
2 Key Takeaways
3 Frozen Potato Market Landscape
4 Frozen Potato Market - Key Industry Dynamics
5 Frozen Potato Market Analysis- Global
6 Frozen Potato Market Revenue and Forecasts to 2028 - Component
7 Frozen Potato Market Revenue and Forecasts to 2028 -Services Model
8 Frozen Potato Market Revenue and Forecasts to 2028 - Deployment Model
9 Frozen Potato Market Revenue and Forecasts to 2028 - Vertical
10 Frozen Potato Market Revenue and Forecasts to 2028 - Geographical Analysis
11 Industry Landscape
12 Competitive Landscapes
13 Frozen Potato Market, Key Company Profiles
14 Appendix

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