About Dried Potatoes
Dried Potatoes are derived from regular potatoes. Potatoes that have been dried have been fully dehydrated. After which they are then processed into powder, extremely fine flakes, or granules, however they can also be dried as slices, cubes, or shreds. Potatoes that have been dehydrated, or dried, are utilised in packaged and food service items, as well as other culinary products and industrial uses. Most Large industrial factories process dried potatoes and package them in a variety of ways for a range of food items. Foods produced with dried potatoes are popular because they are significantly lighter once the water has been removed, resulting in cheaper transportation costs for dehydrated potato goods. Whole potatoes have a significantly shorter shelf life than these products. Asia Pacific is expected to account for fastest growth rate as well as largest market share over the coming years.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Dried Potatoes is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Dried Potatoes market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
McCain Foods Limited (Canada), Idaho Pacific Holdings Inc. (United States), Procordia Food AB (Sweden), Mydibel N.V. (Belgium), Lamb Weston Holdings, Inc. (United States), Bobs Red Mill (United States), Aviko B.V. (Netherlands), Solan SA (Poland), Engel Food Solutions (Germany) and Emsland Group (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are TaiMei Potato Industry Ltd. (China), Linquan Hengda Food Co., Ltd. (China) and Linyi Zhongli Food Co., Ltd. (China).
Segmentation Overview
AMA Research has segmented the market of Global Dried Potatoes market by Type (Flakes, Sliced and Diced and Powdered and Granules), Application (Food Processing, Bakery, Snacks and Savouries, Soups and Salads and Others) and Region.
On the basis of geography, the market of Dried Potatoes 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). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Dried Potatoes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavour, the sub-segment i.e. Sweet Potato will boost the Dried Potatoes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Sliced and Diced Segment Accounts for Largest Market Share
Market Growth Drivers:
Growing Urban Population and the Presence of Fast Moving Urban Lifestyle has stimulated the Growth for Ready Made Dried Potatoes and Extensive Applications and Food Dishes of Dried Potatoes
Challenges:
Manufacturers of Dried Potato Products are Likewise Concerned about Rising Mislabeling Rates, which Coincides with a Growing Need for Product Transparency
Restraints:
Dried Potatoes are Expensive Compared to Regular Potatoes
Opportunities:
Rising Health Problems has risen the Demand for Gluten Free Products, thus Presenting Exciting Opportunity to Expand Dried Potatoes
Market Leaders and their expansionary development strategies
In 2020, Aviko Rixona B.V., a Netherlands based company specialised in the manufacturing of dehydrated potato flakes and granules has announced acquisition of Unilever’s potato flakes manufacturing factory situated in Stavenhagen, Germany. The deal also includes a long-term strategic partnership with Unilever. The acquisition is in line with Royal Cosun’s expansion in plant-based ingredients business as well as achieving accelerated growth in potato flakes and granules market.
In 2019, Lamb-Weston/Meijer V.O.F., a Dutch producer of frozen food products especially famous for its dehydrated potato products has announced further investments in expanding its dehydrated potato’s business. The company aims at investing in its new processing plant. The new processing processing plant will be built on the existing Kruiningen site and will be capable of producing a range of dehydrated potato products for industrial customers. The project is aimed at strengthening Lamb-Weston/Meijer’S market standings in dried potatoes business.
Key Target Audience
Dried Potatoes Producers, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.