Dried Potatoes Market – Global Industry Analysis and Forecast (2023-2029) by Type, Application and Region

Dried Potatoes Market was valued at US$ 9.25 Bn. in 2022. The Global Dried Potatoes Market size is estimated to grow at a CAGR of 6.4% over the forecast period.
Dried Potatoes Market Overview:
The report explores the Dried Potatoes Market's segments (Type, Nature, Application, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2022. The report investigates the Dried Potatoes market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Dried Potatoes market's contemporary competitive scenario.

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2021 is considered as a base year to forecast the market from 2023 to 2029. 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2029. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.
Dried Potatoes Market Dynamics:
The increasing demand for Dried Potatoes across the Globe:

Dried potatoes are rich in carbohydrates and other imperative minerals. These are also called instant potatoes which are used in preparing baked products, sauces, soups, and other processed food. It also used in making meat products crispier. Mainly the demand for dried potatoes is from the processed food industry. Further, it has its application in the manufacturing of various potato snacks, chips, potato products, and gravies. The increasing demand for dried potatoes market is expected to grow in the forecasted period.

Rising Demand for gluten-free Products:

There has been a rise in gluten-free products as the majority of people are health-conscious. The Dried Potatoes are absolutely gluten-free; thus, it is presenting exciting opportunities to expand. In addition, the Dried Potatoes are also used as a substitute for corn flours, wheat starch, and wheat flour for adding volume and thickness to soups, and stews. It also contains Vitamin C, Vitamin B6, niacin, Phosphorus, Manganese, and Pantothenic acid. Hence the consumers prefer dried potatoes as they are gluten-free, healthy, and easy to digest. This leads to the increasing demand for dried potatoes during the forecast period.
The Dried Potatoes Market Trends:
As potatoes are used for many purposes. Potatoes are not only used freshly for cooking at home but more than 50% of potatoes are processed into potato products and food ingredients. Global consumption of potatoes is shifting from using fresh potatoes to processed potatoes products. The main item from this is the frozen potatoes, including French fries, as fast food. It is also used as an alternative to corn flour for thinking soups, sauces, and stews. Therefore, the rising production and consumption of dried potatoes across countries are boosting the growth of the market during the forecast period.
Dried Potatoes Market Segment Analysis:
Based on Type, the Dried Potatoes Market is segmented into Powder, Flakes, Dice, and Shreds. The powder form is used most widely among the other segments. As the powdered form is used in various forms. Hence it holds the maximum share of the market. Growing consumption of snack food across the globe is expected to support the growth of the flakes segment.

Based on the Application, the Dried Potatoes Market is segmented into retail, food service, and others. Retail holds the maximum market share as the retail segment consumes more than the other sectors. Hence Retails segment is the sector for the growth of the Dried Potatoes Market.
Dried Potatoes Market Regional Insights:
The Asia Pacific region held the largest market share accounting for 38.2% in 2021. This is due to the rapid growth of the population in India and China. India and China are the major producers of potatoes in the world. The massive consumers made this the major shareholding region for the Dried Potatoes Market.

The North American region is expected to witness significant growth at a CAGR of 6.4% through the forecast period. There is an increase in the ready-to-eat meal and snacks demand. The fast-food industry is rapidly growing in the region which leads to the growth in the North American region during the forecast period.

The objective of the report is to present a comprehensive analysis of the global Dried Potatoes Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Dried Potatoes Market dynamic, and structure by analyzing the market segments and projecting the Dried Potatoes Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Dried Potatoes Market make the report investor’s guide.
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Dried Potatoes Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 9.25 Bn.


Forecast Period 2023 to 2029 CAGR:
6.4%
Market Size in 2029:
US $ 14.29 Bn.


 Segments Covered:
by Nature
• Organic
• Conventional


by Type
• Flakes
• Powder
• Dices
• Shreds


by Application
• Retail
• Food services
• Others



Dried Potatoes Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Dried Potatoes Market Key Players:
• Traina Dried Potatoes Inc.
• Greek Dried Vegetables S.A.
• Montagu Dried Potatoes And Nuts (Pty) Ltd
• GeobresNemean Currants
• ChengdeShenli Food Co. Ltd.
• Ningxia Yuxiang Bio Food Engineering Co. Ltd.
• Lamb Weston Holdings, Inc.
• McCain Foods Limited
• J.R. Simplot Company
• Agristo NV
• Farm Frites International B.V.
• AGRANA Beteiligungs-AG
• Intersnack Group GmbH & Co. KG
• Idahoan Foods LLC
• Aviko B.V.
• Procordia Food
• Emsland Group
• Solan SA
• Mydibel
• TaiMei Potato

Frequently Asked Questions:

1] What segments are covered in the Dried Potatoes Market report?
Ans. The segments covered in the Dried Potatoes Market report are based on Type, Nature, and Application.

2] Which region is expected to hold the highest share in the Dried Potatoes Market?
Ans. Asia Pacific Region is expected to hold the highest share in the Dried Potatoes Market.

3] What is the market size of the Dried Potatoes Market by 2029?
Ans. The market size of the Dried Potatoes Market by 2029 is US$ 14.29 Bn.

4] What is the forecast period for the Dried Potatoes Market?
Ans. The Forecast period for Dried Potatoes Market is 2023-2029.

5] What was the market size of the Dried Potatoes Market in 2022?
Ans. The market size of the Dried Potatoes Market in 2022 was US$ 9.25 Bn.