Our latest research report entitled Frozen Potato Market (by product (french fries, hash brown, shapes, mashed, sweet potatoes/yam, battered/cooked, twice baked, topped/stuffed, and others), end-user (residential, and commercial)) provides complete and deep insights into the market dynamics and growth of Frozen Potato.
The latest information on market risks, industry chain structure Frozen Potato 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 Frozen Potato growth factors.
“We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2020-2026.”
The Section on the Impact of COVID-19 on this Market is Included in the Report for Free. To Know More Request Sample of this Report@ https://www.infiniumglobalresearch.com/reports/sample-request/21258
Frozen Potato Products have Quickly Gained Prominence in the Developed as well as Developing Countries as they are Convenient to Cook
Potato is one of the most produced and consumed crops across the globe and forms an important part of the regular diet. It is consumed in the form of diverse snack foods as well as elegant dishes. Some of the most widespread potato snacks consist of wedges, fries, patties, and many more.
Amidst the COVID-19 crisis and the indefinite lockdown across nations, the consumer food & beverage industry first witnessed augmented demand for household staples, healthy food items, and consumables with longer shelf lives. The demand for frozen food products, fruits & vegetables, eggs, and whole grains, among others, witnessed a substantial surge during the early stages of the crisis.
Currently, most businesses in the industry are faced with low consumption of their products and supply chain challenges. The vendors are focusing more on altering their supply chains in order to strengthen their online presence and delivery measures, in an attempt to adjust to the present business environment. The alterations in consumer purchasing behavior and the dynamic shifts towards online distribution channels may have severe implications on the near future growth of the industry.
In current years, the demand for frozen potato products has increased on account of their introduction by numerous national and multinational companies. The global frozen potato market is primarily driven by the intensifying business of quick-service restaurants (QSRs) in the emerging and developed nations. Some of the highest QSRs contributing to the growth of the frozen potato market comprise McDonald’s, Burger King, Subway, Dunkin’ Donuts, and many others.
Other factors pouring the market are a rise in the disposable income of people in the developing countries and an increase in urbanization. In addition, frozen potato products have quickly gained prominence in the developed as well as developing countries as they are convenient to cook and come in a large variety of flavors and shapes.
Moreover, the French fries are the most extensively consumed frozen potato product internationally followed by hash brown. Nevertheless, the high price of frozen potato products and the requirement for constant low temperature is projected to limit the market growth. However, the growth in demand for frozen potato and related food products in the emerging nations are anticipated to provide several opportunities for the development of the global frozen potato market.
North America Region is expected to Hold the Largest Share
Among the geographies, North America region is expected to hold the largest share in the global frozen potato market owing to the presence of many industry participants. Further, manufacturers are emerging new packaging methods to extend shelf life, ease of usage, and storage. Furthermore, the Asia Pacific region is anticipated to be the fastest-growing region owing to the increasing trend of ready-to-eat food among the working-class people as well as college grads of countries such as China and India.
China, Japan, and India are the foremost markets, in terms of consumer spending on food. Additionally, a substantial rise in the demand for frozen food due to less time for preparation and cooking is opening new opportunities in the regional market for frozen food.
Enquire Here:- https://www.infiniumglobalresearch.com/reports/enquiry/21258
Report on the Global Frozen Potato Market Covers Segments such as Product and End-User
On the basis of product, the sub-markets include french fries, hash brown, shapes, mashed, sweet potatoes/yam, battered/cooked, twice baked, topped/stuffed, and others. On the basis of end-user, the sub-markets include residential, and commercial.
The report provides profiles of the companies in the market such as Agrarfrost GmbH & Co. KG, Agristo NV, Bart’s Potato Industry, CoöperatieKoninklijkeCosun U.A. (Aviko NV), Greenyard NV (Pinguin NV), Farm Frites, Himalaya International Ltd., J.R. Simplot Company, McCain Foods, and The Kraft Heinz Company.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/food-beverage/global-frozen-potato-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Frozen Potato.
- Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2026.
- 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.