PUNE, India, April 11, 2023 (GLOBE NEWSWIRE) — The global dehydrated potato market size was USD 5.43 billion It is estimated to increase in and from 2021 USD 5.71 billion In 2022 USD 8.95 billion By 2029, Exhibit A CAGR of 6.63% In the estimated period. The increase can be attributed to a range of factors such as increased popularity of the product due to longer shelf life.
Fortune Business Insights™ The title provides this information in its research report “Dehydrated Potato Market, 2022-2029”.
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List of Key Players Profiled in Dehydrated Potatoes Market Report:
- McCain Foods (US)
- Basic American Foods (US)
- Lamb Weston (USA)
- Idahoan Foods (US)
- Pacific Valley Foods (USA)
- Augson Farms (US)
- Idaho Supreme Potato (USA)
- Birkamidon Rohstoffhandels GmbH (Germany)
- JR Short Milling (USA)
- Rixona BV (Netherlands)
Report Scope and Segmentation:
Report coverage | Details |
Forecast period | 2022-2029 |
CAGR forecast | 6.63% |
2029 price projection | USD 8.95 billion |
Dehydrated Potatoes Market Size in 2022 | USD 5.71 billion |
Historical data | 2018-2020 |
Number of pages | 156 |
Report coverage | Revenue forecasts, company profiles, competitive landscape, growth factors and latest trends |
Sections covered |
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Areas covered |
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Dehydrated Potatoes Market Growth Drivers | Growing demand for ready-to-eat products is driving the market for convenience foods |
Increasing applications in demand for fuel production in the processed food industry |
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https://www.fortunebusinessinsights.com/dehydrated-potato-market-102186
Sections:
Powder segment share growth due to growing demand in food services
On the basis of form, the market is segmented into powder, dice, flakes, pieces and others. The powder segment is anticipated to record appreciable expansion throughout the forecast period. This increase can be attributed to the increased use of products in food preparation such as in prepared foods, bakery products and other dishes.
The traditional potato segment to gain traction driven by affordability
Based on nature, the market is segmented into conventional and organic. The traditional segment is poised to register significant growth during the study period. The growth can be attributed to a wide range of product applications in commercial food service applications.
Food services to register significant growth in view of easy availability in all seasons
On the basis of distribution channel, the dehydrated potato market is segmented into retail channel and food services. The food service segment is slated to depict appreciable growth during the analysis period. Growth is being driven by the expansion of food distribution channels.
On the basis of geography, the market is analyzed across Europe, Asia Pacific, North America, South America, and the Middle East and Africa.
Report coverage:
The report covers key trends in the business landscape across various sectors. It further informs about important steps taken by major companies to strengthen their position in the market. Some other initiatives include mergers, acquisitions and new product development.
Impact of COVID-19:
Industry prices have increased due to increased sales of processed foods
The coronavirus pandemic has registered an increase in demand for frozen and processed foods. These included instant mashed potatoes, frozen fries, dehydrated potato products, and others. The pandemic boosted sales of processed foods through online and e-commerce grocery platforms.
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Drivers and restrictions:
Market share will increase due to increasing demand for ready-to-eat products
One of the major factors driving the dehydrated potato market growth is the increasing demand for ready-to-eat products. Industrial expansion can be attributed to increasing urbanization and rising Gross Household Disposable Income (GHDI).
However, supply chain disruptions and fluctuations in raw material prices may hinder industry expansion.
Regional Insights:
Asia Pacific will emerge as a leading region due to increasing consumption of the product
The Asia Pacific dehydrated potato market share is expected to register a significant expansion during the forecast period. This growth can be attributed to the presence of instant potato growers and the use of growing produce as a thickener for stews and sauces.
The North America market is expected to expand at an appreciable CAGR during the forecast period. This increase is due to the increasing consumption of instant salad and soup in the market.
Competitive Landscape:
Ink sharing agreements with major manufacturers to encourage business growth
Major dehydrated potato companies are focused on adopting a series of strategic initiatives such as formation of alliances, merger agreements, and others. These steps have been taken to strengthen the presence of the industry. Some other initiatives include increased participation in business conferences.
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Detailed table of contents:
- introduction
- Research field
- market segmentation
- Research methodology
- Definitions and assumptions
- Executive summary
- Market dynamics
- Market drivers
- Market restrictions
- Market opportunities
- market trends
- Key insights
- Market overview of related/parent markets
- Industry SWOT analysis
- Recent industry developments – policies, mergers and acquisitions, and new product launches
- Supply chain/value chain analysis
- Market Analysis and Insights (Regarding COVID-19)
- Impact of COVID-19 on Markets
- Supply chain challenges due to pandemic
- Potential opportunities due to COVID-19
- Global Dehydrated Potato Market Analysis, Insights and Forecast, 2018-2029
- Key Findings / Summary
- Market Size Estimates and Forecasts
- by form (value)
- Flex
- powder
- you say
- pieces
- others
- by nature (value)
- By distribution channel (value).
- Food services
- Retail channel
- Region wise (Value)
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
- by form (value)
- North America Dehydrated Potato Market Analysis, Insights and Forecast, 2018-2029
- Key Findings / Summary
- Market Size Estimates and Forecasts
- by form (value)
- Flex
- powder
- you say
- pieces
- others
- by nature (value)
- By distribution channel (value).
- Food services
- Retail channel
- by form (value)
- Europe Dehydrated Potato Market Analysis, Insights and Forecast, 2018-2029
- Key Findings / Summary
- Market Size Estimates and Forecasts
- by form (value)
- Flex
- powder
- you say
- pieces
- others
- by nature (value)
- By distribution channel (value).
- Food services
- Retail channel
- by form (value)
TOC continues…!
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Major Industry Developments:
September 2020 – Aviko BV secured the plant from Germany’s Unilever. The acquisition will help it process potatoes into branded products such as gnocchi, dumplings, mashed potatoes, instant snacks, and other products.
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Potato Starch Market to Touch USD 672.68 Million by 2027; Growing demand for organic processed foods and beverages globally to brighten market prospects, says Fortune Business Insights.
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