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Global Frozen Potatoes Industry Market Dynamics & Strategic Insights 2021-2030
Potatoe is the most important vegetable crop and it is one of the most widely consumed crops across the globe. Generally, frozen potatoes are pre-baked and quick frozen to offers the wholesome foundation for any recipe. Potatoes vary in taste, shape, and color. Frozen potatoes are among the all-time favorite freezer staples among many consumers. When a potato is frozen, the water content in the potato separates from the starch.
Global Frozen Potatoes Market іѕ ѕеgmеntеd on the bаѕіѕ оf Product( Silicon Carbide, Aluminum oxide, Zirconium Oxide, Others) End-User( Residential, and Commercial) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Frozen Potatoes Market wаѕ vаluеd аt UЅD 20,456.7 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 4.9% frоm 2021 tо 2030.
The report on Global Frozen Potatoes Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Frozen Potatoes Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Frozen Potatoes Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Frozen Potatoes Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Frozen Potatoes Market.
Market Dynamics:
The increasing number of quick-service restaurants is a key factor expected to drive the growth of the global frozen potatoes market over the forecast period. Also, the growing food and beverages sector, higher food expenditure, higher demand for multi-cuisine food products, an increasing number of commercial restaurants, continuously increasing demand from the food processing industry are factors expected to drive the growth in terms of revenue for the forthcoming years. Growing demand for frozen potatoes, due to take less time to cook and easy to prepare is the major factor expected to drive the growth of the global frozen potatoes market.
However, high-cost requirements for storage and transportation and product recall are some of the major factors that could restrain the growth of the global frozen potatoes market to a significant extent. Also, growing health concerns and increased consumption of other healthy foods such as vegetables and fruits in developing and developed countries may hamper the global frozen potato market.
Increasing demand for on-the-go products such as nuggets, french fries, croquettes, and fried grated potatoes, and many others have been increasing owing to changing lifestyles and the adoption of westernized diet culture among consumers. These are major trends ongoing in various developed and developing countries across the globe.
Segmental Analysis:
Among the product segments, the french fries segment is expected to register significant share and higher growth in terms of revenue in the global frozen potatoes market. This is attributed to the increasing domestic and international demand for frozen potato products by fast-food restaurants.
Among the end-user segments, the commercial is expected to register higher growth in the global frozen potatoes market during the forecast period, owing to the rapidly growing food sector in developed as well as developing countries.
Regional Analysis:
The North America frozen market is expected to register for high revenue in terms of value in the global market, due to higher per capita consumption of frozen potato products in countries such as Canada and the US in the region. Also, rising preference for fast food and other convenience food products among consumers, especially among the younger section of society, in countries in the region is resulting in increasing demand for frozen potatoes from restaurants and other fast food suppliers and outlets and is expected to drive the growth of the North America frozen potatoes to market. The Asia Pacific market is anticipated to grow at the fastest CAGR in the upcoming years, due to rapid urbanization resulting in changing food consumption and preferences due to the entry of fast food retail giants in countries in the regions.
Global Frozen Potatoes Market Segmentation:
Segmentation by Product:
• French Fries
• Hash Brown
• Shapes
• Mashed
• Others (include Sweet Potatoes/Yam, Battered/Cooked, Twice Baked, etc.)
Segmentation by End-User:
• Residential
• Commercial
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
11er Nahrungsmittel GmbH
Al-Salam Cooling Co.
Albert Bartlett & Sons (Airdrie) Limited
Alexia Foods, Inc.
ASTRA Food Processing Plant Company
Procesadora Andina de Papa S.R.L. (Pa&Pa)
Pohjolan Peruna Oy
Ningxia Yujing Food Co. Ltd.
Meade Potato Company
Manohar International Private Limited
Global Frozen Potatoes Market іѕ ѕеgmеntеd on the bаѕіѕ оf Product( Silicon Carbide, Aluminum oxide, Zirconium Oxide, Others) End-User( Residential, and Commercial) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Frozen Potatoes Market wаѕ vаluеd аt UЅD 20,456.7 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 4.9% frоm 2021 tо 2030.
The report on Global Frozen Potatoes Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Frozen Potatoes Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Frozen Potatoes Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Frozen Potatoes Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Frozen Potatoes Market.
Market Dynamics:
The increasing number of quick-service restaurants is a key factor expected to drive the growth of the global frozen potatoes market over the forecast period. Also, the growing food and beverages sector, higher food expenditure, higher demand for multi-cuisine food products, an increasing number of commercial restaurants, continuously increasing demand from the food processing industry are factors expected to drive the growth in terms of revenue for the forthcoming years. Growing demand for frozen potatoes, due to take less time to cook and easy to prepare is the major factor expected to drive the growth of the global frozen potatoes market.
However, high-cost requirements for storage and transportation and product recall are some of the major factors that could restrain the growth of the global frozen potatoes market to a significant extent. Also, growing health concerns and increased consumption of other healthy foods such as vegetables and fruits in developing and developed countries may hamper the global frozen potato market.
Increasing demand for on-the-go products such as nuggets, french fries, croquettes, and fried grated potatoes, and many others have been increasing owing to changing lifestyles and the adoption of westernized diet culture among consumers. These are major trends ongoing in various developed and developing countries across the globe.
Segmental Analysis:
Among the product segments, the french fries segment is expected to register significant share and higher growth in terms of revenue in the global frozen potatoes market. This is attributed to the increasing domestic and international demand for frozen potato products by fast-food restaurants.
Among the end-user segments, the commercial is expected to register higher growth in the global frozen potatoes market during the forecast period, owing to the rapidly growing food sector in developed as well as developing countries.
Regional Analysis:
The North America frozen market is expected to register for high revenue in terms of value in the global market, due to higher per capita consumption of frozen potato products in countries such as Canada and the US in the region. Also, rising preference for fast food and other convenience food products among consumers, especially among the younger section of society, in countries in the region is resulting in increasing demand for frozen potatoes from restaurants and other fast food suppliers and outlets and is expected to drive the growth of the North America frozen potatoes to market. The Asia Pacific market is anticipated to grow at the fastest CAGR in the upcoming years, due to rapid urbanization resulting in changing food consumption and preferences due to the entry of fast food retail giants in countries in the regions.
Global Frozen Potatoes Market Segmentation:
Segmentation by Product:
• French Fries
• Hash Brown
• Shapes
• Mashed
• Others (include Sweet Potatoes/Yam, Battered/Cooked, Twice Baked, etc.)
Segmentation by End-User:
• Residential
• Commercial
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
11er Nahrungsmittel GmbH
Al-Salam Cooling Co.
Albert Bartlett & Sons (Airdrie) Limited
Alexia Foods, Inc.
ASTRA Food Processing Plant Company
Procesadora Andina de Papa S.R.L. (Pa&Pa)
Pohjolan Peruna Oy
Ningxia Yujing Food Co. Ltd.
Meade Potato Company
Manohar International Private Limited
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
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