Potato Processing Market Trend, Share, Growth, Size, Analysis and Forecast 2030

Potato Processing Market

Potato Processing Market - By Type (Frozen, Chips & snack pellets, Dehydrated, Others) By Distribution Channel (Foodservice and Retail) By Application (Snacks, Ready-to-cook & prepared meals, and others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Category: Food & Beverage Report Format : PDF Pages: 110 Report Code: ZMR-3831 Published Date: Sep-2020 Status : Published

Demand for the Global Potato Processing market size was valued at approx $25.7 B in 2019 and is expected to generate revenue of around $38 B by 2026.

According to the report published by Zion Market Research, global demand for Potato Processing market was valued at approximately USD 25.7 Billion in 2019, and is expected to generate revenue of around USD 38 Billion by end of 2026, growing at a CAGR of around 5.5% between 2020 and 2026.

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Global Potato Processing Market: Overview

A potato popular and most common vegetable used in diets of various countries across the globe. Potatoes are widely used in most of the packaged food preparations, owing to its ingredients including protein, flour, and starch. Most of the top selling processed potato products such are dehydrated, frozen meals, processed meals and snacks, and others are expected to fuel this industry growth in the future. According to the Food and Agriculture Organisation, China, Russia, India and the United States are the main manufacturer and consumer of grain and vegetable products.

Global Potato Processing Market: Growth Factors

Speedy expansion in the trade of frozen potato items, coupled with increasing adoption and demand for processed potato products are among the major factors expected to fuel growth of the global industry in the near future. Addition to this, increasing popularity of potato chips across the world is anticipated to support growth of the industry in next few years. Furthermore, Quick Service Restaurants (QSRS) are increasing in developed as well as emerging economies, which is creating huge demand for the processed potato food in turn fuelling growth of the target industry. However, issues related to health owing to consumption of the processed potatoes is major factor anticipated to hinder growth of the global industry over the forecast period. Nevertheless, technological advancements and improving techniques of farming may create huge growth opportunities in future.

Global Potato Processing Market: Segmentation

The potato processing market is segmented based on, type, application, and distribution channel. Based on type the market is divided as frozen, chips & snack pellets, dehydrated, and others. The frozen segment is expected to dominate during the forecast period, the growth is attributed to high consumption of frozen products owing to the increase in demand for French fries, widely served in restaurants across the globe. On the basis of application this industry is segregated as snacks, ready-to-cook & prepared meals. However, on the basis of distribution channel industry target market is divided into foodservice and retail. Foodservice segment is predictable to account for a major share in terms of both revenue in the coming future.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Potato Processing Market: Regional Analysis

The Europe potato processing market is projected to hold the significant share globally in the future, owing to the presence of major players, and increasing demand from various end use industries in the countries of Europe. Further, presence of major players and growing food processing industry is expected to fuel growth of the market in the Asia Pacific. The North America potato processing market is anticipated to grow at a rapid rate in the years ahead, increasing demand form hotels serving frozen potato items and rising expansion of quick-service restaurants in the countries of the region.

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Report Scope:

Report Attributes Report Details
Report Name Potato Processing Market Research Survey Report
Market Size in 2019 USD 25.7 Billion
Market Forecast by 2026 USD 38 Billion
Compound Annual Growth Rate CAGR of 5.5%
Number of Pages 110
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Limagrain Céréales Ingrédients, Lamb Weston Holdings, Inc., The Little Potato Company Ltd., Idahoan Foods LLC, Agrana Beteiligungs-AG, Burts Potato Chips Ltd., Farm Frites International B.V., Intersnack Group GmbH & Co. Kg, J.R. Short Milling Company, The Kraft Heinz Company, Aviko B.V., Leng-D’or, Mccain Foods Limited, Agristo NV, and J.R. Simplot Company among others
Segments Covered By Type, By Distribution Channel, By Application, By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)
Countries Covered North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2019
Historical Year 2016 - 2018
Forecast Year 2020 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Global Potato Processing Market: Competitive Players

Some main participants of the potato processing market are Limagrain Céréales Ingrédients, Lamb Weston Holdings, Inc., The Little Potato Company Ltd., Idahoan Foods LLC, Agrana Beteiligungs-AG, Burts Potato Chips Ltd., Farm Frites International B.V., Intersnack Group GmbH & Co. Kg, J.R. Short Milling Company, The Kraft Heinz Company, Aviko B.V., Leng-D’or, Mccain Foods Limited, Agristo NV, and J.R. Simplot Company among others.

Global Potato Processing Market: By Segmentation Types

By Type

  • Frozen
  • Chips
  • Snack Pellets
  • Dehydrated
  • Others

By Distribution Channel

  • Foodservice
  • Retail

By Application

  • Snacks
  • Ready-To-Cook & Prepared Meals
  • Others

Potato Processing Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Growing adoption from end use sector, surging demand for processed potato products, rapidly expanding retail landscape, increasing adoption from Quick Service Restaurants (QSRS) across the globe are some among factors expected to support growth of the target market in the near future.

According to Zion Market Research, global demand for Potato Processing market is expected to generate revenue of around USD 38 Billion by end of 2026

The Europe potato processing market is projected to hold the significant share globally in the future. Presence of key operating players and increasing adoption for end use applications in the region are expected to propel the demand.

Some main participants of the potato processing market are Limagrain Céréales Ingrédients, Lamb Weston Holdings, Inc., The Little Potato Company Ltd., Idahoan Foods LLC, Agrana Beteiligungs-AG, Burts Potato Chips Ltd., Farm Frites International B.V., Intersnack Group GmbH & Co. Kg, J.R. Short Milling Company, The Kraft Heinz Company, Aviko B.V., Leng-D’or, Mccain Foods Limited, Agristo NV, and J.R. Simplot Company among others.

Key segmentation growing in the Potato Processing Market are By Type (Frozen, Chips & Snack Pellets, Dehydrated, Others) By Distribution Channel (Foodservice And Retail) By Application (Snacks, Ready-To-Cook & Prepared Meals, And Others)

Potato Processing market growing at a CAGR of around 5.5% between 2020 and 2026

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