PUBLISHER: Lucintel | PRODUCT CODE: 1418202
PUBLISHER: Lucintel | PRODUCT CODE: 1418202
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 $79.2% billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are number of large retail stores, including supermarkets and hypermarkets, is experiencing a rapid increase and growing demand for ready-to-eat and ready-to-cook meals among millennials.
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Frozen Potato by Segment
The study includes a forecast for the global frozen potato by product type, end use, and region.
List of Frozen Potato Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies frozen potato companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the frozen potato companies profiled in this report include-
Frozen Potato Market Insights
Lucintel forecasts that french fries is expected to witness the highest growth over the forecast period due to increase in the adoption of western-style cuisine is notable in emerging economies.
Within this market, commercial will remain the largest segment due to growing demand for their products and the expansion of quick service restaurants (QSRs) in various countries.
APAC is expected to witness highest growth over the forecast period due to surge in fast-food establishments, expansion of food processing capabilities, and an increase in income
.
Features of the Global Frozen Potato Market
Market Size Estimates: Frozen potato market size estimation in terms of value ($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.
Q6. Which frozen potato market segment will be the largest in future?
Answer: Lucintel 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, Lucintel provides 10% customization without any additional cost.