Potato is a starchy root vegetable, which is mainly obtained from the plant Solanum tuberosum. Potato tuber is widely processed to get a variety of food products such as chips, fries, flakes, and other convenience food. Potato is also processed for its application as filler, binder, and adhesive by various end-use industries such as paper, textile, and pharmaceuticals. Furthermore, processed potato is used in animal feed and biofuels as well.

Frozen potato segment, based on product type, is estimated to dominate the potato processing market in 2017. Frozen potato is widely used by various quick serve restaurants such as Subway, McDonald’s, and Burger King. Urbanization, modernization, growing population, and increased per capita spending also contribute to the growth of frozen potato segment. Fresh potato is the fastest growing segment by product type of the potato processing market.

Top Key Players in Potato Processing  market: Agrana, Beteiligungs-AG, Agristo, NV, Aviko, B.V., Farm, Frites, International, Idahoan, Foods, Intersnack, Group, GmbH, &, Co., Kg, J.R., Simplot, Company, Lamb, Weston, Holdings, Leng-D’or, Limagrain, Céréales, Ingrédients, McCain, Foods, Limited, and, The, Kraft, Heinz, Company.

Regional Analysis:

Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Potato Processing market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.

Fresh potatoes are further processed to get dehydrated potatoes. Dehydrated potatoes also has a significant market share in global potato processing market. Cull potato is used as animal feed for beef and dairy cattle as it is an excellent source of digestible proteins, carbohydrates, and amino acids. Production of bioethanol from potato peels is another growing application of potatoes. Potato starch can be used as an adhesive. Glue, animal feed, and biofuel are important applications of potatoes, which contribute to a significant market share.

Processed food has emerged as the fastest growing application of potato processing market

Processed food segment is projected to be the fastest growing segment based on application in potato processing market between 2017 and 2025. The demand for processed food is rapidly increasing due to its advantages such as ease of handling, easy or no cooking, easy preservation, and ease of storage. Processed foods are highly preferred by the consumers as they provide convenient and affordable meal options. Increase in female literacy rate and thereby increase in population of working women is another important factor that drives the market of potato containing processed food.

Regional Insights

• Europe is estimated to account for a major share in the market in terms of revenue in 2017 and is projected to continue its dominance throughout the forecast period. Europe experiences significant demand for high-quality and nutritious processed and convenience foods. Several key players are using innovative processing and packaging technologies to attract consumers. In Europe, major potato processing companies are investing heavily in their plants considering the huge demand for processed potato products. For instance, Aiko plans to invest US$ 210 million on its potato processing plant in 2017
• North America is the second largest market for potato processing as potato containing processed foods are of high demand in this region owing to busy lifestyle of consumers, affordability, and taste. McCain Foods plans to invest US$ 200 million in 2017 on its potato processing plant in this region due to growing popularity of processed potato foods

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