A recent report published by Infinium Global Research on dried potatoes market provides an in-depth analysis of segments and sub-segments in the global as well as regional dried potatoes market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional dried potatoes market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global dried potatoes market. According to the report, the global dried potatoes market is projected to grow at a CAGR of 3.1% over the forecast period of 2019-2025.
The global dried potatoes market is expected to witness significant growth rate owing to its wide range of application in food & beverages, bakery, snacks & savory, soups & salad industry. Furthermore, the strong growth in the food industry is also propelling the growth of dried potatoes due to its multiple uses in processed foods. As per the Food and Agriculture Organization (FAO) of the United Nations, it is estimated that approximately 50% of potatoes are processed to dried potatoes. Furthermore, a number of manufacturers are focusing on product innovation and global expansion in the dried potatoes market. Additionally, the increasing inclination towards the snacks consumption, coupled with rapid growth in population upsurge the growth of the market. Moreover, the increasing working population preferring convenient food products owing to its busy lifestyle and hectic schedules is likely to have a positive impact on the growth of the global dried potatoes market. Furthermore, wide adoption of dried potatoes at supermarkets, hypermarkets, retailers and in households is likely to escalate the market growth. However, the high cost associated with the storage and transportation could hamper the growth of the market. Going further, a number of companies are displaying their interest in dried potatoes due to the growing consumption of processed potatoes, which in turns, provides the growth opportunities for the dried potatoes market over the forecast period.
Geographically, the global dried potatoes market is segmented into North America, Europe, Asia-Pacific, and RoW. North America dominates the global dried potatoes market during the forecast period owing to the increased working population coupled with increased consumption of processed potatoes. The growth of Asia-Pacific dried potatoes market is driven by rapid growth in the population along with robust growth of food processing industry.
The report on global dried potatoes market covers segments such as form, drying method, and end-user. On the basis of form, the sub-markets include flakes, sliced, powdered, and other forms. On the basis of drying method, the sub-markets include spray drying, air drying, drum drying, freeze drying, and vacuum drying. On the basis of end-user, the sub-markets include food & beverages, bakery, snacks & savory, retail, and other end-users.
The report provides profiles of the companies in the market such as Naturex, Olam International, Symrise AG, Mercer Processing Inc, VKC Nuts Pvt Ltd., Bella Viva Orchards, Kiantama Oy, Sun-Maid Growers, National Raisin Company, and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of dried potatoes market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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