Industry Background:
Potatoes are versatile agricultural products used for a variety of purposes like cooking in the home, snacks, and also non-food uses. Packaged and processed potato products are industrially produced which include french fries, chips, frozen products, starch, flakes, and others products. These potato products are deep-fried and finished with a moisture content of 1.3-1.5%. The factory-made french fries are consumed more than 7 million tons a year in United Kindom.This growth is primarily driven by Growing Packaged and Processed Food Industry and Increasing Demand for Potato Food Products and Snacks.
Globally, a noticeable market trend is evident Increasing Popularity of Potato Fries and Chips Products
. Major Vendors, such as Ingredion Incorporated (United States), Calbee, Inc. (Japan), The Kellogg Company (United States), Lamb Weston Holdings, Inc. (United States), McCain Foods Limited (Canada), PepsiCo (United States), Novidon B.V. (United Kingdom) and Emsland Group (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 23rd March 2021, Ingredion Incorporated, announced a new addition to its extensive range of potato-based solutions for the U.S. and Canada, ULTRA-TEX 1311 modified potato starch. The waxy, instant starch offers food manufacturers a new way to create premium products with enhanced product appeal and cost savings potential. ULTRA-TEX 1311 modified potato starch can be used in a wide variety of traditional and alternative formulations to create indulgent textures, improve stability vs. native potato starch, or replace oil without compromising sensory appeal. The starch is especially ideal for plant-based, low-fat, reduced-fat, better-for-you and keto-friendly applications.
Regulatory Insights:
"The United States Department of Agriculture (USDA) and US Department of Commerce collect information on the different potato products all eat. The most recent information (2012 data) revealed that the majority of potatoes that we consume are frozen fries (34%), followed by fresh (26%), potato chips and shoestrings (15%), dehydrated (11%), seed (6%), other frozen products (4%), potato starch and flour (2%), and canned (1%)."
Market Drivers
- Growing Packaged and Processed Food Industry
- Increasing Demand for Potato Food Products and Snacks
Market Trend
- Increasing Popularity of Potato Fries and Chips Products
- Advertisements and Online Availability of Packaged Processed Potato Products
Restraints
- Major HIndrance to the Packaged Processed Potato Products Market Due to the Shifting Population towards Healthy Snacks
Opportunities
Surging Demand for Packaged Processed Potato Products Among Millenials in Developing Nations
Challenges
Availability of Substitute Packaged Processed Potato Products in the Market
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Packaged Processed Potato Products Study Sheds Light on
The Packaged Processed Potato Products Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Packaged Processed Potato Products industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Packaged Processed Potato Products industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.