Global Potato Powder Market Overview:
Potato powder is gradually being used in a variety of food preparations such as snack foods, soups, curries as well as other dishes as a thickening agent. It is mainly used in hotels, restaurants, but acceptance in household is rising due to its inclusion in items such as ready to cook soups, dals, and curries as well. Potato is extensively consumed as food in all around the world. Its composition is inclined not only by genetic & environmental factors but also by maturity at harvest as well as subsequent storage history. Potato Powder is widely used in pizzas, samosa, cuisines, salad & soups. Admired for its high nutritional value, rich taste, accurate composition as well as longer shelf life, potato offered powder is provided in quality packaging material by many manufacturers. Some of the key players profiled in the study are V P Food Products (India), PentaPure Foods (India), Fuji-Sangyo Co., Ltd. (Japan), Garlico Industries Ltd (India), Yesraj Agro Exports Private Limited (India), R. K. Dehydration (India), Rainbow Expochem Company (India), Thirthraj Consolidated Company (India), Daxinganling Lingonberry Boreal Biotech (China) and Radchen USA. (United States).
On the basis of geography, the market of Potato Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia-Pacific region held largest market share in the year 2018. If we see Market by Distribution Channel, the sub-segment i.e. Supermarkets and Hypermarkets will boost the Potato Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Consumption of Ready to Cook and Ready to Eat Food Products
- Changing Societal Trends Coupled With Increasing Nuclear Families
- Increasing Adoption among End Use Applications
Market Trend
- Increasing Consumers’ Inclination toward Organic Products
Restraints
- Fluctuating Raw Material Prices
Opportunities
- Rapidly Growing Food Processing Industry in Emerging Markets
- Technological Advancements in the Manufacturing Process for Potato Powder
Target Audience:
Potato Powder Manufacturers, Raw Materials Suppliers, Government and Research Organizations, Industry Associations, End Users and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Potato Powder market on the basis of product [Organic Potato Powder and Non-organic (Conventional) Potato Powder] , application [Commercial Use and Residential Use], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Potato Powder market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Potato Powder industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Xiamen Fortop Imp & Exp Co.,Ltd (China), PRUTHVI'S FOODS PRIVATE LIMITED (India) and RB Foods (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Potato Powder market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.