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Potatoes Market worth $160.13 billion by 2030, growing at a CAGR of 4.92% - Exclusive Report by 360iResearch
Potatoes Market | 360iResearch
The Global Potatoes Market to grow from USD 114.35 billion in 2023 to USD 160.13 billion by 2030, at a CAGR of 4.92%.
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Potatoes are tuberous crops from the nightshade family, scientifically known as Solanum tuberosum, native to the Americas. Potatoes are recognized for their versatility and nutritional profile; potatoes play a pivotal role in global food security and culinary practices. Potatoes are rich in carbohydrates; they also contain essential minerals & vitamins, including Vitamin C, Vitamin B6, potassium, and dietary fiber, supporting a well-rounded diet. Augmented demand for convenient and ready-to-eat food products has led to growth in the processed potato segment. In addition, the perception of potatoes as a healthy food option contributes to their consumption. However, potato crops are sensitive to weather conditions, making them vulnerable to climate change. Furthermore, improvements in farming practices and processing technology have enhanced yields and product quality, posing substantial opportunities for market expansion.
In the United States, potatoes are a staple food, with significant production and consumption levels. The country focuses on producing a variety of potatoes to cater to diverse consumer preferences. Recent initiatives aim at enhancing sustainability and reducing environmental impact in potato farming. Canada is known for its high-quality seed potatoes, with investments in research towards disease resistance and yield improvement. The European Union has stringent regulations on potato cultivation, focusing on sustainable practices and the reduction of pesticides. EU countries have seen a rise in the demand for processed potatoes, with innovations in packaging and product offerings. The African region has observed a growing interest in potato consumption, with an increasing demand for convenience foods driving the market for processed potatoes. The APAC region is the largest cultivator and consumer of potatoes globally. The region is focusing on research and technological advancement to improve crop yields and disease resistance, aligning with its food security and self-sufficiency goals.
Market Segmentation & Coverage:
This research report categorizes the Potatoes Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Fingerling Potatoes, Red Potatoes, Russet Potatoes, White Potatoes, and Yellow Potatoes. The Fingerling Potatoes is projected to witness significant market share during forecast period.
Based on Source, market is studied across Conventional and Organic. The Organic is projected to witness significant market share during forecast period.
Based on Distribution Channel, market is studied across Offline and Online. The Offline is projected to witness significant market share during forecast period.
Based on Application, market is studied across Agricultural Feed, Food Consumption, and Industrial. The Agricultural Feed is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.11% in 2023, followed by Asia-Pacific.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Potatoes Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Potatoes Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Potatoes Market, highlighting leading vendors and their innovative profiles. These include AE Lenton, AGRICO PSA, Albert Bartlett, Aviko Group, Barnes Farming & Farm Pak, BENNETT POTATOES LTD, Farm Frites International B.V., Greenvale AP, J.R. Simplot Company, Lamb Weston, Inc., McCain Foods Limited, Peka Kroef B.V., Ratanpara Overseas, Royal HZPC Groups, and Szawlowski Potato Farms, Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Potatoes Market, by Type
7. Potatoes Market, by Source
8. Potatoes Market, by Distribution Channel
9. Potatoes Market, by Application
10. Americas Potatoes Market
11. Asia-Pacific Potatoes Market
12. Europe, Middle East & Africa Potatoes Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Potatoes Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Potatoes Market?
3. What is the competitive strategic window for opportunities in the Potatoes Market?
4. What are the technology trends and regulatory frameworks in the Potatoes Market?
5. What is the market share of the leading vendors in the Potatoes Market?
6. What modes and strategic moves are considered suitable for entering the Potatoes Market?
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sales@360iresearch.com
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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