Potato is a major staple food, ranked fourth in terms of global production after rice, wheat , and maize. It is consumed either as fresh potatoes or processed potatoes on a commercial and residential scale. Frozen potatoes and their different products are obtained via processing of fresh potatoes by using variety of advanced machineries and very low temperature. They are also available in various forms in the market, such as French fries, hash brown, shapes, mashed, sweet potatoes/yam, battered/cooked, twice baked, topped/stuffed, and other frozen potatoes. These products are either consumed via quick service restaurants (QSRs) or through retail stores at home by customers.
MARKET DYNAMICS
The frozen potato snacks market has witnessed significant growth due to rise in demand for freshly prepared food are believed to be the common reasons for the growth of convenience food. Moreover, increase in women workforce coupled with resultant time-constraints and socializing at home provides a huge market opportunity for the key players operating in the frozen potato snacks market. However, rising consumer awareness about the ill-health effects of potato is projected to hamper the overall growth of the frozen potato snacks market in the forecast period.
MARKET SCOPE
The "Global Frozen Potato Snacks Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the frozen potato snacks market with detailed market segmentation product, distribution channel, and geography. The global frozen potato snacks market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading frozen potato snacks market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global frozen potato snacks market is segmented on the basis of product and distribution channel. On the basis of product, the global frozen potato snacks market is divided into french fries & chips, bites, patties, pelleted snacks, and others. On the basis of distribution channel, the global frozen potato snacks market is divided supermarket & hypermarkets, convenience stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global frozen potato snacks market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The frozen potato snacks market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the frozen potato snacks market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the frozen potato snacks market in these regions.
MARKET PLAYERS
The reports cover key developments in the frozen potato snacks market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from frozen potato snacks market is anticipated to lucrative growth opportunities in the future with the rising demand for frozen potato snacks in the global market. Below mentioned is the list of few companies engaged in the frozen potato snacks market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the frozen potato snacks market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Albert Bartlett and Sons
- Alexia Foods
- Al-Salam Cooling Co.
- American Lorain
- ASTRA Food Processing Plant Company
- Manohar International Private Limited
- Marvel Packers
- Meade Potato Company
- Ningxia Yujing Food Co. Ltd.
- Pohjolan Peruna Oy
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