Potato Processing Market Revenue, Region & Country Share, Trends, Growth Analysis Till 2028

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Potato Processing Market size is expected to reach USD 40.87 Billion in 2028 and register a revenue CAGR of 5.1% during the forecast period

The Global Potato Processing Market size is expected to reach USD 40.87 Billion in 2028 and register a revenue CAGR of 5.1% during the forecast period. Easy availability of potatoes, rapid urbanization, change in eating habits, and improvement in standard of living are major factors expected to drive market revenue growth during the forecast period. Other factors include increase in consumer preferences for convenience foods in order to save time and effort in cooking.
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Key companies operating in the market and profiled in the report include:

Lamb Weston Holdings, The Kraft Heinz Company, McCain Foods Limited, Intersnack Group GmbH and Co. Kg, Farm Frites, Agristo NV, Idahoan Foods, The Little Potato Company Ltd., Agrana Beteiligungs-AG, Groupe Limagrain

There is a growing demand for potato processing to produce dehydrated potatoes in production of potato pancakes, salad, chips, French fries, flakes, and other snacks. Processing is one of the techniques used to increase the value of the final product. The global potato processing market has lot of potentials, because of its numerous advantages and consumer preferences.
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The Potato Processing market has been segmented on the basis of product types, applications, technology, end-users, and regions. It also offers insights into segments expected to register lucrative revenue growth over the forecast period. The report further studies the key factors influencing the growth of each segment over the forecast period.

Type (Revenue, USD Million; 2016–2028)

  • Frozen
  • Chips Snack Pellets
  • Dehydrated
  • Others
  • Canned
  • Granules
  • Flour
  • Starch

Distribution Channel (Revenue, USD Million; 2016–2028)

  • Food Service
  • Retail

Application (Revenue, USD Million; 2016–2028)

  • Snacks
  • Ready-To-Cook and Prepared Meals
  • Others
  • Soups
  • Gravies
  • Bakery
  • Desserts

Regional Outlook (Revenue in USD Million; 2016–2028)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Rest of the Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • Middle East and Africa
  • Latin America
    • Brazil

The report has been formulated through extensive primary and secondary research with regards to journals, press releases, business documents, and other vital sources. It provides SWOT analysis, Porter’s Five Forces analysis, investment return analysis, and feasibility analysis. The report further assesses social, economic, and political factors influencing the market growth. It also provides strategic recommendations to key players and novice players to deal with and overcome barriers in the global Potato Processing market.

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Some Key Highlights From the Report:

  • Frozen segment is expected to register significant revenue growth rate over forecast period. Frozen potato products are in high demand, because of the increased demand for French fries offered in restaurants and fast-food chains around the world. The expansion of Quick Service Restaurants including Pizza Hut, KFC, and McDonald's in countries like China and India is expected to drive the demand for frozen potato products during the forecast period.
  • Food service segment accounted for largest revenue share in 2020, because of the growing number of quick-service restaurants and international hotels. Demand for processed potatoes in food service segment is expected to rise due to an increase in the number of food delivery services and an increase in working population in metropolitan areas.
  • Ready-to-cook prepared meals segment is expected to grow at highest CAGR during the forecast period. Demand for ready-to-cook meals that save time and effort in cooking is growing due to changing lifestyle and busy schedules of consumers. Additionally, the segment's revenue growth is aided by the availability of a wide range of flavors, as well as fried, baked, and air-fried forms.
  • Market in North America is expected to register a considerable revenue growth rate in the global potato processing market over the forecast period, because of growing demand for processed potatoes products like salad, chips, and French fries . Presence of leading key players like McCain Foods Limited and Lamb Weston Holdings, Inc. also contribute to market revenue growth in the region.

Key Points Covered in the Report:

  • Comprehensive analysis of opportunities and risks in the Potato Processing market
  • Recent mergers and acquisitions, collaborations, and technological innovations in the Potato Processing market
  • Conclusive assessment of the growth rate and dynamics in the Potato Processing market
  • In-depth study of key market drivers, restraints, macro- and micro-economic factors, threats, opportunities, and limitations
  • Analysis of current and emerging market trends in the Potato Processing market
  • Revenue growth estimations for the period of 2021-2028
  • Analysis of top companies and new players operating in the market to offer competitive edge to the readers
  • Comprehensive study of the key market dynamics and their latest trends and insights into key segments and sub-segments

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