Global Potato Processing Market, Size, Trends, By Type (Frozen, Chips & Snack Pellets, Dehydrated, Others), By Distribution Channel (Foodservice, Retail), By Application (Snacks, Ready-to-Cook & Prepared Meals and Others) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa): Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Potato Processing Market
With a CAGR of 4.75 % from 2023 to 2030, the Global Potato Processing Market is expected to grow from its estimated value of US$ 25.21 Bn in 2022 to US$ 39.05 Bn by 2030.
French fries, chips, flakes, and starch are frequently made by cleaning, peeling, washing, slicing, and blanching fresh potatoes. Since processed potato goods are already partially prepared before they are served to the final customer, households, fast food chains, and restaurants can swiftly prepare items like French fries, soups, salads, and potato snacks.
Market Drivers
Over the course of the predicted period, demand for processed potato products is likely to expand due to the rising popularity of vegetarian and vegan food options in developed countries due to growing health consciousness and concern for animal cruelty. In order to increase sales, ready-to-cook potato products including fries, soups, and snacks are also being marketed as "vegan" or "organic." Due to the rising media attention given to these lifestyle choices and their various health benefits, there will probably be an increase in the number of vegetarians and vegans throughout the projected period.
The restaurant, hotel chain, and retail industries will all see an increase in demand for processed potato products like frozen potatoes in the following years. It is also expected that the development of the global potato processing sector will be fueled by the adoption of technologically advanced potato growing techniques by important potato-producing nations.
In today's sports and wellness atmosphere, where people are constantly concerned about their health, it is becoming more and more usual to take dietary supplements, like potato processing, to increase performance and strengthen activity modifications. The most common way to prepare potatoes is to make a paste that can be taken as a tablet or mixed with water.
Market Restraints
However, the significant expenses associated with potato storage and transportation that businesses must bear will restrain market expansion. Furthermore, in the upcoming years, market expansion would be hampered by rising health issues including obesity and diabetes brought on by the consumption of processed potatoes.
Market Segmentation
The scope of the Global Potato Processing Market covers segmentation based on By Type, By Distribution Channel, By Application and By Region.
By Type, the market is segmented into Frozen, Chips & Snack Pellets, Dehydrated, Others. By Distribution Channel, the market is segmented into Foodservice, Retail. By Application, the market is segmented into Snacks, Ready-to-Cook & Prepared Meals and Others.
Regional Analysis
The Global Potato Processing Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
The market for processing potatoes in Asia-Pacific accounted for the biggest revenue share. The extensive potato farming in the area, which offers processing businesses a cheap and plentiful supply of high-quality raw potatoes, is chiefly responsible for the segment's growth. For instance, the United States Department of Agriculture (USDA) calculates that China produces about 99 million metric tonnes of fresh potatoes. Due to expanded land, this represented a 3% gain over the prior year. Due to factors such an increase in the number of large-scale potato processing facilities and an increase in the per capita consumption of potato products in the region, the South American segment is anticipated to develop significantly during the forecast period.
Key Players
Marel, GEA Group, Bühler, JBT, The Middleby Corporation, Heat and Control, Inc., Alfa Laval, TNA Australia Pty Ltd., Bucher Industries, Equipamientos Cárnicos, S.L.
Market Taxonomy
By Type
• Frozen
• Chips & Snack Pellets
• Dehydrated
• Others
By Distribution Channel
• Foodservice
• Retail
By Application
• Snacks
• Ready-to-Cook & Prepared Meals
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Global Potato Processing Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Potato Processing Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn.
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Potato Processing Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Potato Processing Market Share Analysis, By Type
5.3 Global Potato Processing Market Size and Forecast, By Type
5.3.1 Frozen
5.3.2 Chips & Snack Pellets
5.3.3 Dehydrated
5.3.4 Others
6 Global Potato Processing Market, By Distribution Channel
6.1 Y-o-Y Growth Comparison, By Distribution Channel
6.2 Global Potato Processing Market Share Analysis, By Distribution Channel
6.3 Global Potato Processing Market Size and Forecast, By Distribution Channel
6.3.1 Foodservice
6.3.2 Retail
7 Global Potato Processing Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Potato Processing Market Share Analysis, By Application
7.3 Global Potato Processing Market Size and Forecast, By Application
7.3.1 Snacks
7.2.2 Ready-to-Cook & Prepared Meals
7.2.3 Others
8 Global Potato Processing Market, By Region
8.1 Global Potato Processing Market Share Analysis, By Region
8.2 Global Potato Processing Market Size and Forecast, By Region
8.3 Global Potato Processing Market Trends and Forecast, By Region
9 North America Potato Processing Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Potato Processing Market Share Analysis, By Type
9.3 North America Potato Processing Market Size and Forecast, By Distribution Channel
9.4 North America Potato Processing Market Size and Forecast, By Application
9.5 North America Potato Processing Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1. Market Size and Forecast, By Type
9.5.1.2 Market Size and Forecast, By Distribution Channel
9.5.1.3. Market Size and Forecast, By Application
9.5.2 Canada
9.5.2.1. Market Size and Forecast, By Type
9.5.2.2 Market Size and Forecast, By Distribution Channel
9.5.2.3. Market Size and Forecast, By Application
9.5.3 Mexico
9.5.3.1. Market Size and Forecast, By Type
9.5.3.2 Market Size and Forecast, By Distribution Channel
9.5.3.3. Market Size and Forecast, By Application
10 Europe Potato Processing Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Potato Processing Market Share Analysis, By Type
10.3 Europe Potato Processing Market Size and Forecast, By Distribution Channel
10.4 Europe Potato Processing Market Size and Forecast, By Application
10.5 Europe Potato Processing Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1. Market Size and Forecast, By Type
10.5.1.2 Market Size and Forecast, By Distribution Channel
10.5.1.3. Market Size and Forecast, By Application
10.5.2 France
10.5.2.1. Market Size and Forecast, By Type
10.5.2.2 Market Size and Forecast, By Distribution Channel
10.5.2.3. Market Size and Forecast, By Application
10.5.3 UK
10.5.3.1. Market Size and Forecast, By Type
10.5.3.2 Market Size and Forecast, By Distribution Channel
10.5.3.3. Market Size and Forecast, By Application
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Type
10.5.4.2 Market Size and Forecast, By Distribution Channel
10.5.4.3. Market Size and Forecast, By Application
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Type
10.5.5.2 Market Size and Forecast, By Distribution Channel
10.5.5.3. Market Size and Forecast, By Application
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Type
10.5.6.2 Market Size and Forecast, By Distribution Channel
10.5.6.3. Market Size and Forecast, By Application
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Type
10.5.7.2 Market Size and Forecast, By Distribution Channel
10.5.7.3. Market Size and Forecast, By Application
11 Asia Pacific Potato Processing Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Potato Processing Market Share Analysis, By Type
11.3 Asia Pacific Potato Processing Market Size and Forecast, By Distribution Channel
11.4 Asia Pacific Potato Processing Market Size and Forecast, By Application
11.5 Asia Pacific Potato Processing Market Size and Forecast, By Country
11.5.1 China
11.5.1.1. Market Size and Forecast, By Type
11.5.1.2 Market Size and Forecast, By Distribution Channel
11.5.1.3. Market Size and Forecast, By Application
11.5.2 Japan
11.5.2.1. Market Size and Forecast, By Type
11.5.2.2 Market Size and Forecast, By Distribution Channel
11.5.2.3. Market Size and Forecast, By Application
11.5.3 India
11.5.3.1. Market Size and Forecast, By Type
11.5.3.2 Market Size and Forecast, By Distribution Channel
11.5.3.3. Market Size and Forecast, By Application
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Type
11.5.4.2 Market Size and Forecast, By Distribution Channel
11.5.4.3. Market Size and Forecast, By Application
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Type
11.5.5.2 Market Size and Forecast, By Distribution Channel
11.5.5.3. Market Size and Forecast, By Application
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Type
11.5.6.2 Market Size and Forecast, By Distribution Channel
11.5.6.3. Market Size and Forecast, By Application
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Type
11.5.7.2 Market Size and Forecast, By Distribution Channel
11.5.7.3. Market Size and Forecast, By Application
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Type
11.5.8.2 Market Size and Forecast, By Distribution Channel
11.5.8.3. Market Size and Forecast, By Application
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Type
11.5.9.2 Market Size and Forecast, By Distribution Channel
11.5.9.3. Market Size and Forecast, By Application
12 Latin America Potato Processing Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Potato Processing Market Share Analysis, By Type
12.3 Latin America Potato Processing Market Size and Forecast, By Distribution Channel
12.4 Latin America Potato Processing Market Size and Forecast, By Application
12.5 Latin America Potato Processing Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1. Market Size and Forecast, By Type
12.5.1.2 Market Size and Forecast, By Distribution Channel
12.5.1.3. Market Size and Forecast, By Application
12.5.2 Argentina
12.5.2.1. Market Size and Forecast, By Type
12.5.2.2 Market Size and Forecast, By Distribution Channel
12.5.2.3. Market Size and Forecast, By Application
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Type
12.5.3.2 Market Size and Forecast, By Distribution Channel
12.5.3.3. Market Size and Forecast, By Application
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Type
12.5.4.2 Market Size and Forecast, By Distribution Channel
12.5.4.3. Market Size and Forecast, By Application
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Type
12.5.5.2 Market Size and Forecast, By Distribution Channel
12.5.5.3. Market Size and Forecast, By Application
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Type
12.5.6.2 Market Size and Forecast, By Distribution Channel
12.5.6.3. Market Size and Forecast, By Application
12.5.7. rest of Latin America
12.5.7.1. Market Size and Forecast, By Type
12.5.7.2 Market Size and Forecast, By Distribution Channel
12.5.7.3. Market Size and Forecast, By Application
13 Middle East Potato Processing Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Potato Processing Market Share Analysis, By Type
13.3 Middle East Potato Processing Market Size and Forecast, By Distribution Channel
13.4 Middle East Potato Processing Market Size and Forecast, By Application
13.5 Middle East Potato Processing Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Type
13.5.1.2 Market Size and Forecast, By Distribution Channel
13.5.1.3. Market Size and Forecast, By Application
13.5.2 UAE
13.5.2.1. Market Size and Forecast, By Type
13.5.2.2 Market Size and Forecast, By Distribution Channel
13.5.2.3. Market Size and Forecast, By Application
13.5.3 Egypt
13.5.3.1. Market Size and Forecast, By Type
13.5.3.2 Market Size and Forecast, By Distribution Channel
13.5.3.3. Market Size and Forecast, By Application
13.5.4 Kuwait
13.5.4.1. Market Size and Forecast, By Type
13.5.4.2 Market Size and Forecast, By Distribution Channel
13.5.4.3. Market Size and Forecast, By Application
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Type
13.5.5.2 Market Size and Forecast, By Distribution Channel
13.5.5.3 Market Size and Forecast, By Application
13.5.5 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Type
13.5.6.2 Market Size and Forecast, By Distribution Channel
13.5.6.3 Market Size and Forecast, By Application
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Marel
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. GEA Group
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Bühler
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 JBT
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 The Middleby Corporation
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Heat and Control, Inc.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Alfa Laval
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 TNA Australia Pty Ltd.
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Bucher Industries
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Equipamientos Cárnicos, S.L.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies