The world potato market will exceed $137 billion in five years

Published 2024년 9월 1일

Tridge summary

A study by Mordor Intelligence highlights the potato as a key food crop, beloved by billions worldwide due to its adaptability, easy storage, and high nutritional value. The global potato market is dominated by over 4,000 edible varieties, primarily grown in the Andes of South America, with a significant portion being processed into various food products. The Asia-Pacific region, especially China and India, has shown the fastest growth in potato market expansion, with China leading in production and India experiencing a surge in demand for ready-to-eat semi-finished products. In Europe, the demand for both fresh and processed potatoes remains strong, largely driven by large exporters like Germany, France, and the Netherlands.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This is evidenced by the results of the Mordor Intelligence study, writes Potato News Today. Analysts note that the potato, the third most important food crop after rice and wheat, has strengthened its position as a staple food for billions of people around the world. The culture's adaptability to different climatic conditions, ease of storage and high nutritional value make it an indispensable source of food, especially in regions where food security is an urgent problem. The report notes that the global potato market is represented by more than 4,000 edible varieties, most of which grow in the Andes of South America. One of the most significant trends in consumption growth is the global shift to potato processing products. Less than 50% of potatoes grown worldwide are consumed fresh. Most is processed into various food products such as frozen French fries, potato chips, dehydrated cereals, flour and starch. Analysts note that the Asia-Pacific region is the largest and fastest ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.