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Frozen Potato Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5930422

Frozen Potato Trends and Forecast

The future of the global frozen potato market looks promising with opportunities in the residential and commercial markets. The global frozen potato market is expected to reach an estimated $79.2% billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are number of large retail stores, including supermarkets and hypermarkets, is experiencing a rapid increase and growing demand for ready-to-eat and ready-to-cook meals among millennials.

Frozen Potato by Segment

The study includes a forecast for the global frozen potato by product type, end use, and region.

Frozen Potato Market by Product Type [Shipment Analysis by Value from 2018 to 2030]

  • French Fries
  • Hash Brown
  • Shapes
  • Mashed
  • Sweet Potatoes/Yam
  • Battered/Cooked
  • Topped/Stuffed
  • Others

Frozen Potato Market by End Use [Shipment Analysis by Value from 2018 to 2030]

  • Residential
  • Commercial
  • Others

Frozen Potato Market by Region [Shipment Analysis by Value from 2018 to 2030]

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Frozen Potato Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies frozen potato companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the frozen potato companies profiled in this report include-
  • J.R. Simplot Company
  • Farm Frites
  • Greenyard
  • Agristo
  • Agrarfrost
  • Cosun
  • McCain Foods
  • Lamb Weston Holdings
  • Bart’s Potato
  • Himalya

Frozen Potato Market Insights

The publisher forecasts that french fries is expected to witness the highest growth over the forecast period due to increase in the adoption of western-style cuisine is notable in emerging economies.

Within this market, commercial will remain the largest segment due to growing demand for their products and the expansion of quick service restaurants (QSRs) in various countries.

APAC is expected to witness highest growth over the forecast period due to surge in fast-food establishments, expansion of food processing capabilities, and an increase in income.

Features of the Global Frozen Potato Market

  • Market Size Estimates: Frozen potato market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Frozen potato market size by product type, end use, and region in terms of value ($B).
  • Regional Analysis: Frozen potato market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different product type, end use, and regions for the frozen potato market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the frozen potato market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the frozen potato market size?
Answer: The global frozen potato market is expected to reach an estimated $79.2% billion by 2030.

Q2. What is the growth forecast for frozen potato market?
Answer: The global frozen potato market is expected to grow with a CAGR of 4.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the frozen potato market?
Answer: The major drivers for this market are number of large retail stores, including supermarkets and hypermarkets, is experiencing a rapid increase and growing demand for ready-to-eat and ready-to-cook meals among millennials.

Q4. What are the major segments for frozen potato market?
Answer: The future of the frozen potato market looks promising with opportunities in the residential and commercial markets.

Q5. Who are the key frozen potato market companies?
Answer: Some of the key frozen potato companies are as follows:
  • J.R. Simplot Company
  • Farm Frites
  • Greenyard
  • Agristo
  • Agrarfrost
  • Cosun
  • McCain Foods
  • Lamb Weston Holdings
  • Bart’s Potato
  • Himalya
Q6. Which frozen potato market segment will be the largest in future?
Answer: The publisher forecasts that french fries is expected to witness the highest growth over the forecast period due to increase in the adoption of western-style cuisine is notable in emerging economies.

Q7. In frozen potato market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to surge in fast-food establishments, expansion of food processing capabilities, and an increase in income.

Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the frozen potato market by product type (french fries, hash brown, shapes, mashed, sweet potatoes/yam, battered/cooked, topped/stuffed, and others), end use (residential, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Frozen Potato Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Frozen Potato Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Frozen Potato Market by Product Type
3.3.1: French Fries
3.3.2: Hash Brown
3.3.3: Shapes
3.3.4: Mashed
3.79.2: Sweet Potatoes/Yam
3.3.6: Battered/Cooked
3.3.7: Topped/Stuffed
3.3.8: Others
3.4: Global Frozen Potato Market by End Use
3.4.1: Residential
3.4.2: Commercial
3.4.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Frozen Potato Market by Region
4.2: North American Frozen Potato Market
4.2.1: North American Frozen Potato Market by End Use: Residential, Commercial, and Others
4.3: European Frozen Potato Market
4.3.1: European Frozen Potato Market by Product Type: French Fries, Hash Brown, Shapes, Mashed, Sweet Potatoes/Yam, Battered/Cooked, Topped/Stuffed, and Others
4.3.2: European Frozen Potato Market by End Use: Residential, Commercial, and Others
4.4: APAC Frozen Potato Market
4.4.1: APAC Frozen Potato Market by Product Type: French Fries, Hash Brown, Shapes, Mashed, Sweet Potatoes/Yam, Battered/Cooked, Topped/Stuffed, and Others
4.4.2: APAC Frozen Potato Market by End Use: Residential, Commercial, and Others
4.5: ROW Frozen Potato Market
4.5.1: ROW Frozen Potato Market by Product Type: French Fries, Hash Brown, Shapes, Mashed, Sweet Potatoes/Yam, Battered/Cooked, Topped/Stuffed, and Others
4.5.2: ROW Frozen Potato Market by End Use: Residential, Commercial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Frozen Potato Market by Product Type
6.1.2: Growth Opportunities for the Global Frozen Potato Market by End Use
6.1.3: Growth Opportunities for the Global Frozen Potato Market by Region
6.2: Emerging Trends in the Global Frozen Potato Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Frozen Potato Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Frozen Potato Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: J.R. Simplot Company
7.2: Farm Frites
7.3: Greenyard
7.4: Agristo
7.5: Agrarfrost
7.6: Cosun
7.7: McCain Foods
7.8: Lamb Weston Holdings
7.9: Bart’s Potato
7.10: Himalya

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • J.R. Simplot Company
  • Farm Frites
  • Greenyard
  • Agristo
  • Agrarfrost
  • Cosun
  • McCain Foods

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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