The global potato market is growing at a steady rate in 2023

Data from 360 Market Updates reveals that the market, valued at a staggering USD 96.3 billion in 2022, is on track to expand at a Compound Annual Growth Rate (CAGR) of 3.47% from 2023 to 2028. By the end of this period, the market is expected to reach an impressive USD 118.15 billion. Another noteworthy source, Mordor Intelligence, echoes this optimistic outlook, estimating the global potato market size at USD 11.18 billion in 2023. The market is projected to grow at a CAGR of 3.50% through 2028, further solidifying the potato's status as a global commodity. A Diverse Export Landscape The global potato trade is as diverse as it is expansive. Prepared or preserved potatoes led the export value charts in 2021, with a total worth of around USD 10.8 billion. When it comes to exporting powerhouses, the Netherlands, Germany, and Canada take the top spots. Interestingly, Belgium emerges as the world's largest importer of fresh and chilled potatoes, followed closely by the Netherlands and ...