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Potato Processing Market Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 20
Posted: Apr 14, 2022
Potato is a starchy root vegetable, which is mainly obtained from the plant Solanum tuberosum. Potato tuber is widely processed to get a variety of food products such as chips, fries, flakes, and other convenience food. Potato is also processed for its application as filler, binder, and adhesive by various end-use industries such as paper, textile, and pharmaceuticals. Furthermore, processed potato is used in animal feed and biofuels as well.
Frozen potato segment, based on product type, is estimated to dominate the potato processing market in 2017. Frozen potato is widely used by various quick serve restaurants such as Subway, McDonald’s, and Burger King. Urbanization, modernization, growing population, and increased per capita spending also contribute to the growth of frozen potato segment. Fresh potato is the fastest growing segment by product type of the potato processing market.
The global potato processing market is estimated to be valued at US$ 2,327.3 million in 2017 and is expected to expand at a CAGR of 5.5% in terms of revenue during 2017– 2025.
Request Copy Of This Business Report: https://www.coherentmarketinsights.com/market-insight/potato-processing-market-725
Market Dynamics
Europe is the largest potato processing market owing to high consumer preference for processed potato products. Furthermore, many key players are investing in the potato processing industry in the region.
Asia Pacific is the fastest growing market in terms of revenue. Urbanization, modernization, influence of western culture, changing life style, population growth, increase in customer buying power, availability of raw materials, and cost competitiveness are the major growth drivers for the potato processing market in Asia Pacific.
North America is the second largest market for potato processing and is projected to witness exponential growth over the forecast period.
The potato processing market in Latin America, Middle East, and Africa will experience a significant growth over the forecast period.
Major Keyplayers: Agrana Beteiligungs-AG, Agristo NV, Aviko B.V., Farm Frites International, Idahoan Foods, Intersnack Group GmbH & Co. Kg, J.R. Simplot Company, Lamb Weston Holdings, Leng-D'or, Limagrain Céréales Ingrédients
About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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Coherent Market Insights
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India: +91-848-285-0837Potato is a starchy root vegetable, which is mainly obtained from the plant Solanum tuberosum. Potato tuber is widely processed to get a variety of food products such as chips, fries, flakes, and other convenience food. Potato is also processed for its application as filler, binder, and adhesive by various end-use industries such as paper, textile, and pharmaceuticals. Furthermore, processed potato is used in animal feed and biofuels as well.
Frozen potato segment, based on product type, is estimated to dominate the potato processing market in 2017. Frozen potato is widely used by various quick serve restaurants such as Subway, McDonald’s, and Burger King. Urbanization, modernization, growing population, and increased per capita spending also contribute to the growth of frozen potato segment. Fresh potato is the fastest growing segment by product type of the potato processing market.
The global potato processing market is estimated to be valued at US$ 2,327.3 million in 2017 and is expected to expand at a CAGR of 5.5% in terms of revenue during 2017– 2025.
Request Copy Of This Business Report: https://www.coherentmarketinsights.com/market-insight/potato-processing-market-725
Market Dynamics
Europe is the largest potato processing market owing to high consumer preference for processed potato products. Furthermore, many key players are investing in the potato processing industry in the region.
Asia Pacific is the fastest growing market in terms of revenue. Urbanization, modernization, influence of western culture, changing life style, population growth, increase in customer buying power, availability of raw materials, and cost competitiveness are the major growth drivers for the potato processing market in Asia Pacific.
North America is the second largest market for potato processing and is projected to witness exponential growth over the forecast period.
The potato processing market in Latin America, Middle East, and Africa will experience a significant growth over the forecast period.
Major Keyplayers: Agrana Beteiligungs-AG, Agristo NV, Aviko B.V., Farm Frites International, Idahoan Foods, Intersnack Group GmbH & Co. Kg, J.R. Simplot Company, Lamb Weston Holdings, Leng-D'or, Limagrain Céréales Ingrédients
About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
About the Author
Contact Us: Name: Mr. Shah Phone: US +12067016702 / UK +4402081334027 Email: sales@coherentmarketinsights.com Visit Our Blogs:https://blog.coherentmarketinsights.com
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