Global processed potato market expected to reach $45 billion growth milestone by 2028

Published 2024년 6월 14일

Tridge summary

The Technavio report highlights the growth trajectory of the processed potatoes market, with a projection to grow by USD 45 billion from 2024 to 2028. This growth is attributed to the increasing focus on expanding production capabilities, advanced technologies, and innovation in the industry. Geographically, North America and Europe lead the market, and it is segmented into frozen, dehydrated, and canned potatoes. Despite challenges such as fluctuating raw material prices and regulatory standards, the market is expected to continue expanding dynamically. Key players like Lamb Weston Holdings, McCain Foods Limited, and The Kraft Heinz Company are leveraging sustainable practices and innovations to compete in the market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This growth trajectory underscores the increasing focus on enhancing production capabilities within the potato processing industry, driving significant market momentum. Market Dynamics and Key Drivers The report highlights several critical factors fueling the growth of the processed potatoes market. Chief among these is the heightened emphasis on expanding production capabilities. Companies are investing in advanced technologies and infrastructure to streamline the potato processing workflow, ensuring higher efficiency and output. This strategic focus is instrumental in meeting the escalating demand for processed potato products globally. Technological Advancements and Innovations Technavio’s analysis points to the pivotal role of technological advancements in bolstering market growth. Innovations in processing techniques, such as improved cutting, peeling, and frying methods, are enhancing the quality and variety of processed potato products available to consumers. Additionally, ...

Source: Argenpapa