Our latest research report entitled Potato Processing Market (by type (frozen, chips & snack pellets, dehydrated), application (snacks, ready-to-cook & prepared meals), distribution channel (foodservice, and retail)) provides complete and deep insights into the market dynamics and growth of Potato Processing.
The latest information on market risks, industry chain structure Potato Processing cost structure, and opportunities are offered in this report. The past, present, and forecast market information will lead to investment feasibility by studying the essential Potato Processing growth factors.
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Growing Awareness Among the Consumers About the Different Applications of The Potato and Its Health Benefit Properties Are Helping to Grow
Potato is the king of vegetables that is widely consumed around the world. Its application is not only limited to the vegetable side only but also it is used in several applications. It is a great source of the binder and thickeners, which is used on a large scale in the bakery and food processing industry. Further, its growing application in the brewing industry is opening new scope for farmers, processors for an additional source of income.
Additionally, its main application in the snacks and continuously growing demand of the different types of snacks products among different consumers group is helping to grow the demand of the different types of processing equipment to tap the emerging opportunities around the world. The global potato processing market is projected to grow at a CAGR of 4.9% over the forecast period of 2019-2025.
The growing awareness among the consumers about the different applications of the potato and its health benefit properties are helping to grow the demand of the potato processing market. Further, the continuous growing demand for the different snack products made of potato is helping to grow the demand for the potato processing market. Additionally, the growing application of the potatoes to brew the alcoholic beverage as poitin, akvavit, vodka, and fodder for livestock is helping to grow the demand for this market.
Moreover, the growing application of the potato starch in the food processing industry as thickeners and binders for soups, sauces, and bakery products are helping to grow the demand for this market. However, the availability of several substitutes of the potato for a different application is restricting the growth of this market.
The growing disposable income among the young and middle-class consumers around the world, and growing desire to eat different type of potato-based processed products like chips, snacks, and others are expected to increase this market in the near future.
North America is the Largest Player
Geographically, the potato processing market is segmented into four regions, namely North America, Europe, the Asia-Pacific, and RoW. North America is the largest player in the potato processing market, owing to the presence of several food processing companies in this region, who are actively engaged in the potato processing business. Further, the presence of a large number of snacks loving consumers in this region and continuous innovation to capture the new market and new consumers are helping to continuously grow the potato processing market in this region.
The Asia-Pacific’s market is expected to grow at the highest CAGR during the forecast period, owing to the growing demand for the different types of potato processed products for different applications, especially the food processing industry, bakery industry.
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Report on the Global Potato Processing Market Covers Segments such as Type, Application, and Distribution Channel
On the basis of type, the sub-markets include frozen, chips & snack pellets, dehydrated, and other types. On the basis of application, the sub-markets include snacks, ready-to-cook & prepared meals, and other applications. On the basis of the distribution channel, the sub-markets include foodservice and retail.
The report provides profiles of the companies in the market such as J R Short Milling Co, The Little Potato Company, Limagrain Cereals Ingredients SAS, Intersnack Group GmbH & Co. KG, Agristo, Farm Frites, Idahoan Foods, LLC, The J. R. Simplot Company, Aviko BV, and Kraft Heinz Company.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/food-beverage/global-potato-processing-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Potato Processing.
- Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market.
- The company profile includes analysis of product portfolio, revenue, SWOT analysis, and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand, and/or diversify.