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Potato Processing Market Share

Report ID: GMI5654
Published Date: May 2023
Report Format: PDF

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Potato Processing Market Share

Some of the key players profiled in the potato processing market include:

J. R Simplot
Aviko
Farm Frites
General Mills
Bart’s Potato Company
Royal Cosun
McCain Foods Ltd
Kraft Heinz
Agristo,
Idahoan Foods.

These companies form strategic alliances and engage in new product launches to attain a competitive edge in the industry.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of potato processing was surpassed USD 35.5 billion in 2022 and is set to register 5.5% CAGR between 2023 and 2032, propelled by increased commercialization and shifting lifestyle trends, particularly in developing economies.

The frozen potato segment will grow at 4.5% CAGR from 2023 to 2032, as a result of increasing demand from the food service industry to produce frozen potato products including French fries, hash brown, wedges, mashed potato, and more.

The snacks application segment exceeded USD 18 billion in 2022, owing to increasing demand for convenient and portable snack options.

The Europe potato processing market size crossed USD 9.5 billion in 2022, attributed to the expansion of food service businesses including restaurants, fast-food chains, and other food outlets in the region.