Press release
Potato Processing Market to Reach USD 61.38 Bn by 2029, emerging at a CAGR of 5.5 percent and forecast 2023-2029
Potato Processing Market
This comprehensive report delves into the rapid advances transforming industries worldwide. Through a combination of facts, figures, illustrations, and presentations, it provides key data analysis covering the historical period from 2018 to 2022. Furthermore, it investigates the driving forces, challenges, prospects, and barriers within the Potato Processing market. Additionally, the report features investor recommendations based on a thorough examination of the contemporary competitive scenario within the market.
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Potato Processing Market Research Methodology:
The report's robust research methodology combines primary and secondary sources to ensure data accuracy and reliability. In-depth market participant interviews and region-specific data collection are integral components of this research.
What are Potato Processing Market Dynamics:
The report highlights significant drivers impacting the demand for processed potato products during the forecast period. Factors such as rising living standards, urbanization, changing food preferences, the allure of fast food, and the growing popularity of vegetarian and vegan food products in developed regions drive this demand. The convenience and easy preservation offered by processed foods are key factors in their high demand, making them popular choices for fast-food establishments worldwide. The availability of affordable raw potatoes further fuels the growth of the processed food segment.
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What is Potato Processing Market Segmentation:
by Type
1.Frozen Potatoes
2.Potato Chips
3.Potato Flakes
4.Potato Starch
5.Others
by Distribution Channel
1.Foodservice
2.Retail
by Application
1.Ready to cook & prepared foods
2.Snacks
3.Others
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Who are Potato Processing Market Key Players:
1. Lamb Weston Holdings, Inc.
2. The Little Potato Company Ltd.
3. Idahoan Foods LLC
4. Agrana Beteiligungs-AG
5. Burts Potato Chips Ltd.
6. Farm Frites International B.V.
7. Intersnack Group GmbH & Co. Kg
8. J.R. Short Milling Company
9. The Kraft Heinz Company
10. Aviko B.V.
11. Leng-D' or McCain Foods Limited
12. Agristo NV
13. J.R. Simplot Company
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Table of content for the Potato Processing Market includes:
Potato Processing Market: Research Methodology
Potato Processing Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Potato Processing Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Potato Processing Market Regional Insights:
Asia Pacific: In 2021, the Asia Pacific region dominated the market, accounting for 40% of the market share. The region boasts numerous potato farms that produce high-quality raw potatoes at competitive prices, contributing to the segment's growth. A shift from table potatoes to processed potatoes, particularly frozen potatoes, is underway in this region. Japan leads in the import of frozen potatoes, and other countries such as China and South Korea have witnessed increased imports of frozen potato products. India, with rising incomes and a tradition of snacking between meals, is experiencing significant growth in the snacking market, with potato chips comprising 35% of the processed snacks market.
South America: South America is poised for substantial growth in the forecast period, driven by an increase in large-scale potato processing facilities and higher consumption of potato products per capita. Countries like Brazil and Argentina are experiencing industrial development, resulting in greater demand for processed potatoes. Argentina's potato exports have expanded to countries like Russia, Brazil, the Netherlands, Italy, and the United States. The potato processing industries in Chile have witnessed significant growth due to the country's prominent role in international agriculture and processed food markets. Brazil stands out as one of the most promising markets for both domestic sales and exports.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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