TMR Forecasts Strong Growth for Dehydrated Potato Products Market, Organic Food Trend and Potato Flakes to Drive 5.0% CAGR during 2019-2029

Middle East - English

- Latest published study from Transparency Market Research (TMR), forecasts that the global dehydrated potato products market will reach US$19 bn in valuation by end of 2029

- The market stood at a modest valuation of $12 bn in 2019. Thanks to increased revenue margins in line with rising demand for organic foods, the market will grow at 5.0% CAGR during 2019-2029

- The conventional dehydrated potato products promise to occupy the largest share of total market share and likely to expand at a faster pace of 4.5% by 2029 end

News provided by

MarketsandMarkets

Mar 09, 2020, 10:30 ET

ALBANY, New York, March 9, 2020 /PRNewswire/ -- According to TMR study, the regional markets of Europe, and North America continue to remain significant for growth of the dehydrated potato products market. Additionally, factors like growing urbanization, changing trend in food choices like introduction of organics continue to play a bigger role in the growth of the market. Amidst the changing scenario, the manufacturers in the dehydrated potato products market continue to expand in new regions to gain new opportunities, and establish a stronghold for future growth.

According to TMR analysts, the changing food consumption patterns of consumers will continue to emerge as a global trend. Thanks to such trends, the demand for pre-packaged foods, and processed foods will gain significant traction. In order to stay ahead of the curve, manufacturers in the dehydrated potato products market will look to improve product quality, and find new applications in food processing, soups, salads, bakery products, and will find lucrative opportunities in this area.

Download PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=74269

Key Findings in the Dehydrated Potato Products Market:

Organic food remains a mega-trend in the F&B industry worldwide. Additionally, the rising demand for organic products is likely to rise at 4.0% CAGR during the 2019-2029 period. The dehydrated potato products promise to find a popular, and organic application in the near future, thanks to rising consumer, and manufacturing interest in the category. The organic segment accounted for 1-tenth of total market share in 2018. The total sales for organics stood at an enormous 131 thousand tonne the same year. By the end of 2029, the total sales will likely cross the 200 thousand tonne mark.
Banking on their conventional popularity, potato flakes remain the most popular dehydrated potato products during the forecast period. These accounted for half of the total products sold in 2018. Additionally, the segment will likely rise at a moderate pace of 4.0% CAGR growth during the forecast period. Among the dehydrated potato products, the sliced & diced dehydrated potato products accounted for one-fifth of revenue share in 2018. This will likely increase to 25% by the end of 2029.
Dehydrated potato products continue to gain popularity as food additives globally. The rising demand for nutritional food in the food and beverage sector, and their conventional and cost-effective application in the area promises notable growth for the segment during the forecast period. The demand for these as functional foods, and convenience associated with handling of the products also remains a major draw for end-players.
Rising health-consciousness among people, and popularity of gluten-free diets promises tremendous growth for potato starch products. The diet is naturally gluten-free, and the addition of gluten can lead to serious illnesses like celiac disease. Awareness about conditions like anaemia, and infertility due to gluten-led diets promise lucrative opportunities in key regions of North America, and Europe. This trend has led to rise in consumption of products like pregelatinized flour, and gluten-free flour.
According to Food & Agricultural Organization of the United Nations, less than 50% of potatoes are consumed fresh. Others continue to be used to make value-added products, and dehydrated potatoes.

Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global dehydrated potato products market Dehydrated Potato Products Market (Nature: Organic, Conventional; Flavor: Regular Potatoes, Sweet Potatoes; Form: Flakes, Sliced and Diced, Powder & Granules; Product Type: Fries, Low-fat Fries, Low-salt Fries, Red Skin Potatoes, Baked Dehydrated Potatoes; Application: Food Processing, Bakery, Snacks & Savouries, Soups & Salads, Food Service Providers, Retailers; Sales Channel: Hypermarkets/Supermarkets, Convenience Stores, Online Retailers, Other Retail Formats) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2029, at https://www.transparencymarketresearch.com/dehydrated-potato-products-market.html

Key Challenges in the Dehydrated Potato Products Market:

As demand for ethical, and sustainable farming grows, the issues of growing carbon footprint, forest depletion, and sustainable farming remain major challenges for potato growers, and manufactures of dehydrated potato products.
Rising incidences of mislabelling, amidst growing demand for transparency for products also remain key concerns for dehydrated potato products manufactures.
The market continues to move towards growth in transparency, with manufacturers making keen efforts to establish trust among consumers.

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/74269

Dehydrated Potato Products Market: Region-wise Analysis

According to a recent study published in the Journal of Paediatrics, 0.5% US population strictly adheres to a gluten-free diet. The population represents a keen group of consumers whose purchasing decisions are keenly affected by labelling of products. The pattern is similar across the board in UK, France, and Germany. Hence, growing demand for organic foods, and increasing health consciousness will remain key factors for growth for players in the dehydrated food products market.

Dehydrated potato products market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study.

Dehydrated Potato Products Market: Competitive Analysis

The dehydrated potato products market landscape remains fragmented, and competitive with new product launches, and customized offerings for new regional expansion. The appeal of dehydrated products due to their thickening, and binding abilities remains promising for enhancing other food offerings. Some key players in the global dehydrated potato products market are Idahoan Foods lnc, J.R. Short Milling, McCain Foods, Lamb Weston, and Intersnack Group.

The dehydrated potato products market is segmented as follows;

Dehydrated Potato Products Market by Nature

Organic
Conventional

Dehydrated Potato Products Market by Flavor

Regular Potatoes
Sweet Potatoes

Dehydrated Potato Products Market by Form

Flakes
Sliced and Diced
Powder & Granules

Dehydrated Potato Products Market by Product Type

Fries
Low-fat Fries
Low-salt Fries
Red Skin Potatoes
Baked Dehydrated Potatoes

Dehydrated Potato Products Market by Application

Food Processing
Bakery
Snacks & Savouries
Soups & Salads
Food Service Providers
Retailers

Dehydrated Potato Products Market by Sales Channel

Hypermarkets/Supermarkets
Convenience Stores
Online Retailers
Other Retail Formats

Dehydrated Potato Flakes Market by Region

North America

U.S.
Canada

Latin America

Brazil
Mexico
Chile
Peru
Argentina
Rest of Latin America

Europe

EU 5
BENELUX
U.K.
Nordic
Eastern Europe
Rest of Europe

South Asia

India
Malaysia
Thailand
Indonesia
East Asia
China
Japan
South Korea

Oceania

Australia
New Zealand

GCC Countries
South Africa
Turkey
Rest of MEA

Explore Transparency Market Research's award-winning coverage of the global Food and Beverages Industry,

Potato Protein Market - Global potato protein market would expand at a steady CAGR of 3.6% over the period between 2017 and 2026. Furthermore, the global potato protein is projected to touch a value of over US$ 150 Mn by 2026.

Dried Apricots Market - The global dried apricots market stand strong at an astonishing USD $ 537.7 Mn. The market is projected to hit astonishing pints by the end of 2026. The growth will be attributed to the CAGR hike of 5.3% in the period from 2018 to 2026.

Protein Ingredients Market - The protein ingredients market is favorable for growth in high demand regions such as North America and Europe. Innovations such as membrane separation technology are important milestones in dairy protein.

Potato Flakes Market - The growing trend of ready-to-eat food is one of the key drivers for the exponential growth of the potato flakes market. Consumers are exploring ingenious ways to use instant potato flakes to make crispy meat cuisines, and provide the added texture and consistency in meals.

Nutrition Bars Market - The nutrition bars market players' focus remains directed toward the younger consumer base including the millennials and baby boomers. Moving forward with an extensive consumer-centric approach, nutrition bars market players are introducing products that are designed in cognition to these consumer bases and aligned with the evolutionary industry trends.

Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: [email protected]

Website: http://www.transparencymarketresearch.com

SOURCE MarketsandMarkets