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Global Frozen Potatoes Market Size, Share and Forecast analysis to 2023

December 06
20:46 2018

Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on the gamut of sectors across the globe.

The report on “ Global Frozen Potatoes Market ” helps you to understand the market size, share, growth, trends, major companies performance data and market opportunities.

Global Frozen Potatoes Market Overview:

 

Frozen potato is a processed form of potato that is usually stored at an extremely low temperature to protect and preserve for a long time. These potatoes are available in various forms such as flakes, fries, wedges, etc. However, French fries are the highest consumed frozen potato product across the globe. Along with frozen potato, other frozen foods are also becoming a convenient choice among the consumers. Manufacturers use innovative technologies to speed up the process involved in producing various frozen potato products. New products and flavors are constantly created to attract consumers, remain competitive and expand geographically. The major benefit for consumers is the reduced cooking time. French fries being the largest consumed frozen potato product, companies are focusing on introducing new flavors, and enhancing the sale. Expansion of fast food chains is also one of the reasons for the growth of frozen potato market.

 

Browse TOC and other details of 101 pages Global Frozen Potatoes Market Research Report @ https://www.researchcosmos.com/reports/global-frozen-potatoes-market-survey-and-trends-research-industry-analysis-and-future-forecast-201/3301990

 

Global Frozen Potatoes Market Size Geographical Analysis:

The global frozen potatoes market was valued at $14 billion in 2017 and is estimated to grow at a CAGR of 6.27% till 2023 to value at $38 billion. Geographically, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Emerging nations are attracting to these products easily. North America is the largest market, owing to their well-established diets of fast food. Asia Pacific is also growing at a fast pace due to their adoption of western culture, which is estimated to grow at a CAGR of 3.5% in the forecasted period.

 

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Global Frozen Potatoes Market Demand Analysis:

Frozen potato products are also experiencing increased demand from developing nations, providing opportunities for expansion for major market players as well as start-ups. This means the market is extremely fragmented and can give established players a run for their money.

Major Companies in Global Frozen Potatoes Market:

Clarebout Potatoes Nv, Canada’s Finest Foods, Birds Eye Foods, Valensina Gmbh, Lamb Weston Inc., Iprona Spa, McCain USA, Seabrook Brothers and Sons, Norpac Foods Inc., etc.

Advanced refrigeration technology is also gaining momentum in the frozen potato manufacturing. The high cost of frozen potato products and the constant need for low temperatures is restricting the growth of the market. However, firms are attempting to come up with a technology that can keep this market alive and give it a longer shelf life under the not so ideal condition. With the number of establishments of Mc Donald’s, Burger Kings, Dunkin Donuts, etc. increasing, the market for frozen potatoes will always keep soaring and the demand will always be on a rise.

 

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