A recent report published by Infinium Global Research on the 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 snack 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, the wide adoption of dried potatoes at
supermarkets, hypermarkets, retailers, and households is likely to escalate 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 turn, provides 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 the Asia-Pacific dried potatoes market is driven by rapid growth in the population along with the robust growth of the food processing industry.
The report on the 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 the 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.