The Asia Pacific Dehydrated Potato Market would witness market growth of 7.3% CAGR during the forecast period (2023-2030).
Potassium, carbohydrates, and vitamins are high in potatoes. Fresh potatoes are dried and dehydrated during dehydration, which removes moisture while keeping nutritional value. Instant potatoes, which are dehydrated, are a popular processed meal in many nations. Because they are simpler to digest than fresh potatoes, consumers prefer these. Until it is flavored, it has a neutral flavor and taste. Numerous varieties of dehydrated vegetables are on the market, but dehydrated potatoes are the most affordable. It has manganese, vitamin B6, niacin, vitamin C, phosphorus, and pantothenic acid.
These items have a shelf life of one to two years. They are both practical for storage and handy for end users because of their high reconstitution ratio. Dehydrated potatoes are becoming increasingly popular due to their longer shelf life and availability throughout the year, increased consumer preference for convenience foods, and the demand for processed foods. These factors are the main drivers of the growth of the market.
The increasing demand for snacks in Asian countries forced regional players to develop strategies to acquire a competitive advantage in the snack food segment. For instance, to improve its reputation in the market and obtain a competitive edge, the Universal Robina Corporation acquired Snack Brands Australia. The demand for potato chips in Asian countries is also anticipated to increase due to product and packaging innovation tactics. Due to the demand for such products in the local market, players from Singapore are launching exotic flavors of potato chips. This aspect primarily drives the potato chip consumption in the Asia-Pacific region. All these factors would eventually boost the regional market expansion in the upcoming years.
The China market dominated the Asia Pacific Dehydrated Potato Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $988.3 Million by 2030. The Japan market is exhibiting a CAGR of 6.7% during (2023 - 2030). Additionally, The India market would experience a CAGR of 8.1% during (2023 - 2030).
Based on Nature, the market is segmented into Conventional, and Organic. Based on Form, the market is segmented into Powder, Sliced, Diced, Flakes, and Others. Based on Distribution Channel, the market is segmented into Food Services, and Retail. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Dehydrated Potato Market is Projected to reach USD 9 Billion by 2030, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Lamb Weston Holdings, Inc., Aviko Rixona B.V. (Royal Cosun), McCain Foods Limited, Idahoan Foods, LLC (R.D. Offutt Company, Inc.), Basic American Foods, Pacific Valley Foods, Inc., Augason Farms (Blue Chip Group), Idaho Pacific Holdings, Inc., Birkamidon Rohstoffhandels GmbH and J.R. Short Milling Company.
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