Canada: Alberta’s potato industry is booming thanks to a global appetite for french fries

Published 2024년 7월 26일

Tridge summary

Alberta's potato industry is thriving, driven by rising demand for french fries and hash browns in Asia, leading to a 35% increase in harvested potato acres since 2019. Major investments from companies like McCain Foods and Cavendish Farms have positioned Alberta as Canada's top potato-producing province, surpassing Prince Edward Island. The sector, valued at $2.87 billion CAD, faces challenges from weather and changing consumer preferences, particularly among Generation Z. Despite these risks, the region's favorable farming conditions and the influx of younger farmers signal a promising future for Alberta's potato industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Alberta’s potato industry is in the midst of a growth spurt thanks in part to a growing appetite in Asia for french fries and hash browns. The number of harvested acres of potatoes in Alberta has grown about 35 per cent since 2019, according to Farm Credit Canada, and with McCain Foods doubling the size of its potato processing facility near Coaldale, a town in southern Alberta, the sector is expected to grow even more. "Generally speaking, it’s [looking] very optimistic for the sector going forward," said Leigh Anderson, senior economist with Farm Credit Canada, which provides financing to agricultural producers. The rise of potato production in Alberta, as well as Manitoba, is shifting the balance of potato power in this country westward. As of 2022, 45.6 per cent of potato production took place in the Prairies and British Columbia, while 35.7 per cent was in Atlantic Canada and 18.7 per cent in Central Canada, according to Agriculture and Agri-Food Canada. That year, Alberta ...
Source: Argenpapa

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