Dehydrated Potato Market
Dehydrated Potato Market Forecasts to 2030 - Global Analysis By Nature (Organic and Conventional), Form, Flavour, Distribution Channel and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $6.02 BN |
|
Projected Year Value (2030) |
US $11.06 BN |
|
CAGR (2023 - 2030) |
9.03% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Dehydrated Potato Market is accounted for $6.02 billion in 2023 and is expected to reach $11.06 billion by 2030 growing at a CAGR of 9.03% during the forecast period. Potassium, carbohydrates, and vitamins are abundant in potatoes. Fresh potatoes are completely dried and dehydrated during the dehydration process, which removes moisture while retaining nutritional content. Quick potatoes, which are dehydrated potatoes, are a common processed food in many nations. Because they are simpler to stomach than raw potatoes, people prefer these.
According to the International Food Information Council (PBFA), plant-based food sales grew three times faster than retail food sales in 2021, stating high demand for plant-based foods.
Market Dynamics:
Driver:
Growing demand for plant-based products
Growing consumer preferences for flexitarian and plant-based diets have helped the market expand. For the vegan community, potatoes are the ideal food. They offer a number of options for serving delectable sides and inventive entrees in a variety of all-day portions, formats, and cuisines. The growing consumer awareness of the beneficial fiber and starch content of potatoes is also expected to increase demand for the food.
Restraint:
Health concerns
Customers are becoming more knowledgeable of the potential health risks associated with processed items, especially dried potatoes. An increased risk of heart disease, obesity, and other health issues is linked to eating processed foods. Fresh potatoes are widely available, and their adaptability may lower the demand for dehydrated potatoes. Customers could be hesitant to purchase processed items like dry potatoes as a result.
Opportunity:
Growth in demand for convenience foods and packaged snacks
Convenience meals have become more popular as a result of the rising demand for ready-to-eat food products. Food tasks including meal preparation, cooking, and post-meal activities can be made easier and faster for consumers by convenience foods. Consumers' increasing gross household disposable income and the expanding urbanization of the world have increased their spending on processed and ready-to-eat food goods. Dehydrated potatoes are primarily driven by the rise in demand for foods that are ready to eat.
Threat:
Cost Variations
Labour limitations, logistical problems, and a lack of raw materials all have an impact on this market's ability to expand. Additionally, the market is harmed by supply chain constraints caused by fluctuating raw material prices. Additionally, consumers who are concerned about their health avoid processed meals that are heavy in calories and additives in favor of wholesome options, which hamper market expansion.
Covid-19 Impact:
The COVID-19 pandemic had a negligible effect on the world economy. There has been a shortage of food due to the restrictions on dining experiences at restaurants, mass-feeding enterprises, and grocery shops. Due to limitations on facilities for food production, financial constraints, and travel bans, the food supply chain, availability of various processed food products, and economic activities have all been put on hold. Due to their longer shelf lives, processed and frozen items like frozen fries, instant mashed potatoes, and others saw an increase in demand during the lockdown.
The conventional segment is expected to be the largest during the forecast period
The conventional segment is expected to be the largest during the forecast period. As technology has recently been shown to be permeating the food sector at a rapid rate, food producers are now better equipped to create novel and inventive products. These are currently offered by commercial vendors for a variety of purposes. To improve their brand positioning, the major market competitors are focusing their efforts on developing new products as well as a unique and original product portfolio.
The powder segment is expected to have the highest CAGR during the forecast period
The powder segment is expected to have the highest CAGR during the forecast period. Powdered dehydrated potatoes are more widely consumed than other forms because they are easier to digest. These dehydrated potatoes are powdered, which encourages hair growth and delays early greying. These dried potato powders include a high concentration of vitamin C, which supports the stimulation of the immune system. Additionally, it contains a flavonoid that regulates the body's cholesterol levels.
Region with largest share:
North America is projected to hold the largest market share during the forecast period. As the demand for instant soups and salads rises, the U.S. has the greatest market share in the region. To preserve the fresh-potato texture and flavor in the rehydrated product, the processors use cutting-edge techniques, technologies, and rigid standards. In response to the consumer's growing worries regarding additives, the potato manufacturers create a number of clean-label dehydrated choices.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period. Manufacturers of quick potatoes anticipate considerable contributions from the area. The potato is a significant vegetable that is farmed in these nations as a source of revenue and a staple diet, particularly for farmers in hilly regions with poor soil. The increased use of potato starch as a thickening for sauces and stews and as a binding ingredient in dough, biscuits, and cake mixes drives up demand in the region.
Key players in the market
Some of the key players in Dehydrated Potato Market include Lamb Weston, Idaho Supreme Potatoes, McCain Foods, Pacific Valley Foods, Aviko BV, Basic American Foods, Idahoan Foods, Nestle SA, Pepsico, Inc, Augason Farms, Lamb Weston Holdings, Inc., Texas A&M, Emsland Group, Pringles, Everest Spices
Key Developments:
In March 2023, Lamb Weston, a significant potato processor, has invested $250 million in Argentina's potato industry to strengthen its presence in the international processing market. This significant investment will enable Lamb Weston to expand its processing capabilities in Argentina and improve its supply chain efficiency, which will ultimately help meet the growing demand for frozen potato products worldwide.
In March 2023, McCain Foods, a global food company, is making the most significant investment in its 65-year history by investing CAD$600 million (US$436 million) to expand its Coaldale facility in Alberta, Canada. The expansion will double the facility's size and output. McCain operates a processing facility in Coaldale, which has been in operation since 2000 and has 225 employees.
In November 2022, Lutosa, a potato processing company acquired by McCain, opened a new flakes facility in Belgium. The new unit comprises an investment of USD 44.7 million by McCain Foods. The new facility would help meet the globally rising dehydrated products demand, improve working conditions, and enhance its product range.
Nature Covered:
• Organic
• Conventional
Forms Covered:
• Dices
• Powder
• Shreds
• Flakes
• Other Forms
Flavours Covered:
• Sweet Potato
• Regular Potato
Distribution Channels Covered:
• Retail
• Food Services
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Dehydrated Potato Market, By Nature
5.1 Introduction
5.2 Organic
5.3 Conventional
6 Global Dehydrated Potato Market, By Form
6.1 Introduction
6.2 Dices
6.3 Powder
6.4 Shreds
6.5 Flakes
6.6 Other Forms
7 Global Dehydrated Potato Market, By Flavour
7.1 Introduction
7.2 Sweet Potato
7.3 Regular Potato
8 Global Dehydrated Potato Market, By Distribution Channel
8.1 Introduction
8.2 Retail
8.3 Food Services
9 Global Dehydrated Potato Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Lamb Weston
11.2 Idaho Supreme Potatoes
11.3 McCain Foods
11.4 Pacific Valley Foods
11.5 Aviko BV
11.6 Basic American Foods
11.7 Idahoan Foods
11.8 Nestle SA
11.9 Pepsico, Inc
11.10 Augason Farms
11.11 Lamb Weston Holdings, Inc.
11.12 Texas A&M
11.13 Emsland Group
11.14 Pringles
11.15 Everest Spices
List of Tables
1 Global Dehydrated Potato Market Outlook, By Region (2021-2030) ($MN)
2 Global Dehydrated Potato Market Outlook, By Nature (2021-2030) ($MN)
3 Global Dehydrated Potato Market Outlook, By Organic (2021-2030) ($MN)
4 Global Dehydrated Potato Market Outlook, By Conventional (2021-2030) ($MN)
5 Global Dehydrated Potato Market Outlook, By Form (2021-2030) ($MN)
6 Global Dehydrated Potato Market Outlook, By Dices (2021-2030) ($MN)
7 Global Dehydrated Potato Market Outlook, By Powder (2021-2030) ($MN)
8 Global Dehydrated Potato Market Outlook, By Shreds (2021-2030) ($MN)
9 Global Dehydrated Potato Market Outlook, By Flakes (2021-2030) ($MN)
10 Global Dehydrated Potato Market Outlook, By Other Forms (2021-2030) ($MN)
11 Global Dehydrated Potato Market Outlook, By Flavour (2021-2030) ($MN)
12 Global Dehydrated Potato Market Outlook, By Sweet Potato (2021-2030) ($MN)
13 Global Dehydrated Potato Market Outlook, By Regular Potato (2021-2030) ($MN)
14 Global Dehydrated Potato Market Outlook, By Distribution Channel (2021-2030) ($MN)
15 Global Dehydrated Potato Market Outlook, By Retail (2021-2030) ($MN)
16 Global Dehydrated Potato Market Outlook, By Food Services (2021-2030) ($MN)
17 North America Dehydrated Potato Market Outlook, By Country (2021-2030) ($MN)
18 North America Dehydrated Potato Market Outlook, By Nature (2021-2030) ($MN)
19 North America Dehydrated Potato Market Outlook, By Organic (2021-2030) ($MN)
20 North America Dehydrated Potato Market Outlook, By Conventional (2021-2030) ($MN)
21 North America Dehydrated Potato Market Outlook, By Form (2021-2030) ($MN)
22 North America Dehydrated Potato Market Outlook, By Dices (2021-2030) ($MN)
23 North America Dehydrated Potato Market Outlook, By Powder (2021-2030) ($MN)
24 North America Dehydrated Potato Market Outlook, By Shreds (2021-2030) ($MN)
25 North America Dehydrated Potato Market Outlook, By Flakes (2021-2030) ($MN)
26 North America Dehydrated Potato Market Outlook, By Other Forms (2021-2030) ($MN)
27 North America Dehydrated Potato Market Outlook, By Flavour (2021-2030) ($MN)
28 North America Dehydrated Potato Market Outlook, By Sweet Potato (2021-2030) ($MN)
29 North America Dehydrated Potato Market Outlook, By Regular Potato (2021-2030) ($MN)
30 North America Dehydrated Potato Market Outlook, By Distribution Channel (2021-2030) ($MN)
31 North America Dehydrated Potato Market Outlook, By Retail (2021-2030) ($MN)
32 North America Dehydrated Potato Market Outlook, By Food Services (2021-2030) ($MN)
33 Europe Dehydrated Potato Market Outlook, By Country (2021-2030) ($MN)
34 Europe Dehydrated Potato Market Outlook, By Nature (2021-2030) ($MN)
35 Europe Dehydrated Potato Market Outlook, By Organic (2021-2030) ($MN)
36 Europe Dehydrated Potato Market Outlook, By Conventional (2021-2030) ($MN)
37 Europe Dehydrated Potato Market Outlook, By Form (2021-2030) ($MN)
38 Europe Dehydrated Potato Market Outlook, By Dices (2021-2030) ($MN)
39 Europe Dehydrated Potato Market Outlook, By Powder (2021-2030) ($MN)
40 Europe Dehydrated Potato Market Outlook, By Shreds (2021-2030) ($MN)
41 Europe Dehydrated Potato Market Outlook, By Flakes (2021-2030) ($MN)
42 Europe Dehydrated Potato Market Outlook, By Other Forms (2021-2030) ($MN)
43 Europe Dehydrated Potato Market Outlook, By Flavour (2021-2030) ($MN)
44 Europe Dehydrated Potato Market Outlook, By Sweet Potato (2021-2030) ($MN)
45 Europe Dehydrated Potato Market Outlook, By Regular Potato (2021-2030) ($MN)
46 Europe Dehydrated Potato Market Outlook, By Distribution Channel (2021-2030) ($MN)
47 Europe Dehydrated Potato Market Outlook, By Retail (2021-2030) ($MN)
48 Europe Dehydrated Potato Market Outlook, By Food Services (2021-2030) ($MN)
49 Asia Pacific Dehydrated Potato Market Outlook, By Country (2021-2030) ($MN)
50 Asia Pacific Dehydrated Potato Market Outlook, By Nature (2021-2030) ($MN)
51 Asia Pacific Dehydrated Potato Market Outlook, By Organic (2021-2030) ($MN)
52 Asia Pacific Dehydrated Potato Market Outlook, By Conventional (2021-2030) ($MN)
53 Asia Pacific Dehydrated Potato Market Outlook, By Form (2021-2030) ($MN)
54 Asia Pacific Dehydrated Potato Market Outlook, By Dices (2021-2030) ($MN)
55 Asia Pacific Dehydrated Potato Market Outlook, By Powder (2021-2030) ($MN)
56 Asia Pacific Dehydrated Potato Market Outlook, By Shreds (2021-2030) ($MN)
57 Asia Pacific Dehydrated Potato Market Outlook, By Flakes (2021-2030) ($MN)
58 Asia Pacific Dehydrated Potato Market Outlook, By Other Forms (2021-2030) ($MN)
59 Asia Pacific Dehydrated Potato Market Outlook, By Flavour (2021-2030) ($MN)
60 Asia Pacific Dehydrated Potato Market Outlook, By Sweet Potato (2021-2030) ($MN)
61 Asia Pacific Dehydrated Potato Market Outlook, By Regular Potato (2021-2030) ($MN)
62 Asia Pacific Dehydrated Potato Market Outlook, By Distribution Channel (2021-2030) ($MN)
63 Asia Pacific Dehydrated Potato Market Outlook, By Retail (2021-2030) ($MN)
64 Asia Pacific Dehydrated Potato Market Outlook, By Food Services (2021-2030) ($MN)
65 South America Dehydrated Potato Market Outlook, By Country (2021-2030) ($MN)
66 South America Dehydrated Potato Market Outlook, By Nature (2021-2030) ($MN)
67 South America Dehydrated Potato Market Outlook, By Organic (2021-2030) ($MN)
68 South America Dehydrated Potato Market Outlook, By Conventional (2021-2030) ($MN)
69 South America Dehydrated Potato Market Outlook, By Form (2021-2030) ($MN)
70 South America Dehydrated Potato Market Outlook, By Dices (2021-2030) ($MN)
71 South America Dehydrated Potato Market Outlook, By Powder (2021-2030) ($MN)
72 South America Dehydrated Potato Market Outlook, By Shreds (2021-2030) ($MN)
73 South America Dehydrated Potato Market Outlook, By Flakes (2021-2030) ($MN)
74 South America Dehydrated Potato Market Outlook, By Other Forms (2021-2030) ($MN)
75 South America Dehydrated Potato Market Outlook, By Flavour (2021-2030) ($MN)
76 South America Dehydrated Potato Market Outlook, By Sweet Potato (2021-2030) ($MN)
77 South America Dehydrated Potato Market Outlook, By Regular Potato (2021-2030) ($MN)
78 South America Dehydrated Potato Market Outlook, By Distribution Channel (2021-2030) ($MN)
79 South America Dehydrated Potato Market Outlook, By Retail (2021-2030) ($MN)
80 South America Dehydrated Potato Market Outlook, By Food Services (2021-2030) ($MN)
81 Middle East & Africa Dehydrated Potato Market Outlook, By Country (2021-2030) ($MN)
82 Middle East & Africa Dehydrated Potato Market Outlook, By Nature (2021-2030) ($MN)
83 Middle East & Africa Dehydrated Potato Market Outlook, By Organic (2021-2030) ($MN)
84 Middle East & Africa Dehydrated Potato Market Outlook, By Conventional (2021-2030) ($MN)
85 Middle East & Africa Dehydrated Potato Market Outlook, By Form (2021-2030) ($MN)
86 Middle East & Africa Dehydrated Potato Market Outlook, By Dices (2021-2030) ($MN)
87 Middle East & Africa Dehydrated Potato Market Outlook, By Powder (2021-2030) ($MN)
88 Middle East & Africa Dehydrated Potato Market Outlook, By Shreds (2021-2030) ($MN)
89 Middle East & Africa Dehydrated Potato Market Outlook, By Flakes (2021-2030) ($MN)
90 Middle East & Africa Dehydrated Potato Market Outlook, By Other Forms (2021-2030) ($MN)
91 Middle East & Africa Dehydrated Potato Market Outlook, By Flavour (2021-2030) ($MN)
92 Middle East & Africa Dehydrated Potato Market Outlook, By Sweet Potato (2021-2030) ($MN)
93 Middle East & Africa Dehydrated Potato Market Outlook, By Regular Potato (2021-2030) ($MN)
94 Middle East & Africa Dehydrated Potato Market Outlook, By Distribution Channel (2021-2030) ($MN)
95 Middle East & Africa Dehydrated Potato Market Outlook, By Retail (2021-2030) ($MN)
96 Middle East & Africa Dehydrated Potato Market Outlook, By Food Services (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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