Global Frozen Potato Market 2017: Industry Estimated to Exceed US$ 16,500 Mn by 2022-end

Posted on 2018-05-23 by Mark Hub in Food & Beverage // 0 Comments

Fact.MR

Dublin 2, Ireland, 2018-May-23 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of frozen potato market. The study is titled as “Frozen Potato Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global frozen potato market.

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According to a new study by Fact.MR, the global market for frozen potato is estimated to bring in US$ 60,109.5 million revenue by 2022 end. The growing business of quick service restaurants and increase in disposable income of consumers are some of the key factors fueling the growth of frozen potato market globally. Manufacturers are also focusing on using advanced technology for refrigeration at the right temperature, thereby preserving frozen potato for a longer period of time.

3 Forecast Highlights on Global Frozen Potato Market

1. Europe is expected to dominate the global frozen potato market. By the end of 2017, Europe frozen potato market is projected to account for nearly one-third of the revenue share. Increasing investment in new product development, rising consumer attraction towards fast food and presence of the major market players are some of the reasons contributing towards the growth of frozen potato market in Europe.

2. North America is also expected to emerge as the second most lucrative market in the global frozen potato market. Products like french fries, sweet, and cooked potatoes are some of the fastest selling products in North America.

3. Fries are expected to be the largest consumed frozen potato product. Fries are projected to exceed US$ 18,900 million revenue by the end of 2022. Meanwhile, wedges as a frozen potato product are also expected to witness growth during the forecast period.

Modern Trade to be the Largest Distribution Channel

Modern trade is likely to experience the highest growth as the distribution channel for frozen potato. By 2022 end, modern trade is estimated to reach nearly US$ 25,200 million revenue. Modern trade is also likely to gain more than one-third of the share in terms of the revenue towards 2017 end.

Commercial Sector to Gain Maximum Revenue Share

The commercial sector is estimated to gain around three-fifth of the share in terms of the revenue by 2017 end. The commercial sector is estimated to surpass US$ 38,000 million revenue towards 2022 end. Although the residential sector is likely to gain nearly two-fifth of the share in terms of the revenue by 2017 end.

Fries- Top-Selling Frozen Potato Product

Compared to the various frozen potato products such as slices, dices, baked, etc., fries are likely to emerge as the top-selling frozen potato product. By 2022 end, fries are estimated to reach nearly US$ 19,000 million revenue. On the other hand, wedges are also likely to experience growth in the global frozen potato market throughout the forecast period.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global frozen potato market through 2022, which include Lamb-Weston Holdings, Inc., McCain Foods, J.R. Simplot Co., American Lorain Corp., Aviko Holding BV, Himalya International Ltd, Agrarfrost Holding GmbH & Co. KG, Kraft Heinz Co., Pohjolan Peruna Oy, and Agristo NV.

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Table of Content:

1. Global Frozen Potato Market – Executive Summary

2. Global Frozen Potato Market Overview
2.1. Introduction
2.1.1. Global Frozen Potato Market Taxonomy
2.1.2. Global Frozen Potato Market Definition
2.2. Global Frozen Potato Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Frozen Potato Market Y-o-Y Growth
2.3. Global Frozen Potato Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Key producing countries
2.7. Region wise key development
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Frozen Potato Market Analysis and Forecast By Product Type
3.1. Global Frozen Potato Market Size and Forecast By Product Type, 2012-2022
3.1.1. Fries Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Wedges Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued………

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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