Global Frozen Potato Market Overview:
Frozen potatoes are the potatoes stored under frozen conditions. It has the same great taste as a fresh potato. It comes in a variety of sizes. They can be turned into a variety of different meals. Frozen potatoes can be consumed as fresh potatoes or processed potatoes on a commercial and residential scale. The factors such as Long Shelf Life with Different Nutrients and Vitamins and Health Benefits of the Potatoes are driving the global frozen potato market.
As per latest study released by AMA Research, the Global Frozen Potato market is expected to see growth rate of 4.7%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Demand for Products with New Flavours
Market Growth Drivers:
Long Shelf Life with Different Nutrients and Vitamins and Health Benefits of the Potatoes
Challenges:
High Cost of the Frozen Products
Restraints:
Constant Need for Low Temperature
Opportunities:
Growing Demand from Developing Countries due to Increasing Population and Expansion of Fast Food Chains
Competitive Landscape:
The global market is highly competitive and consists of a limited number of providers competing. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Some of the key players profiled in the report are McCain Foods (Canada), Lamb-Weston (United States), J.R. Simplot Company (United States), Aviko (Netherlands), Bart's Potato Company (Belgium), Agrarfrost GmbH & Co. KG (Germany), Agristo NV (Belgium), H.J. Heinz Company (United States), Himalya International Ltd. (India) and Koninklijke Coöperatie Cosun UA (Netherlands). Additionally, following companies can also be profiled that are part of our coverage like Iceland Foods (United Kingdom), Ocado (United Kingdom) and Watties (New Zealand). Analyst at AMA Research see Global Vendors to retain maximum share of Global Frozen Potato market by 2030. Considering Market by Distribution Channel, the sub-segment i.e. Modern Trade will boost the Frozen Potato market. Considering Market by End-User, the sub-segment i.e. Commercial will boost the Frozen Potato market.
Latest Market Insights:
On December 8, 2021, Strong Roots and McCain Foods announced a strategic partnership. McCain Foods is investing USD 55 million in Strong Roots to grow its plant-based product range globally.
On January 5, 2021, Aviko launched a new range of frozen potato products, including Super Crunch Julienne Fries, Bistro Garlic and Herb Wedges, and Aviko Mashed Potato.
What Can be Explored with the Frozen Potato Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Frozen Potato Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Frozen Potato
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Frozen Potato market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Frozen Potato market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Frozen Potato Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.