The Europe Frozen Potato Market would witness market growth of 4.3% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 3,960.7 Kilo Tonnes, showcasing a growth of 4.7% (2019-2022).
Frozen potatoes boast a longer shelf life compared to their fresh counterparts. This extended shelf life is a crucial factor in the appeal of frozen potatoes in the retail sector. Consumers can stock up on frozen potato products without worrying about spoilage, ensuring a consistent supply of this versatile ingredient in their kitchens. This attribute contributes to minimizing food waste, a concern that resonates with environmentally conscious consumers. The retail sector offers a diverse range of frozen potato products, catering to different consumer preferences and culinary needs. The versatility of frozen potatoes allows consumers to experiment with different cuisines and cooking styles, making them an essential component of a well-stocked freezer.
Frozen potatoes boast a longer shelf life compared to their fresh counterparts. This extended shelf life is a crucial factor in the appeal of frozen potatoes in the retail sector. Consumers can stock up on frozen potato products without worrying about spoilage, ensuring a consistent supply of this versatile ingredient in their kitchens. This attribute contributes to minimizing food waste, a concern that resonates with environmentally conscious consumers.
Moreover, Germany, with over 83 million affluent consumers, is the largest industry for food and agricultural products within the European Union. The German sector presents favorable prospects for American exporters of consumer-oriented food products. German food service sales increased by 15.5 percent in 2022. Therefore, increasing growth of the food service sector in Europe is expected to boost the demand for frozen potatoes in the region.
The Germany market dominated the Europe Frozen Potato Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,889.2 million by 2030. The UK market is registering a CAGR of 3.3% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 5.1% during (2023 - 2030).
Based on End User, the market is segmented into Commercial, and Residential. Based on Product Type, the market is segmented into French Fries, Hash Brown, Shapes, Mashed, Sweet Potatoes/Yam, Battered/Cooked, Topped/Stuffed, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Frozen Potato Market will Hit $88 Billion by 2030, at a CAGR of 4.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include McCain Foods Limited, Lamb Weston Holdings, Inc., Cooperatie Koninklijke Cosun U.A. (Royal Cosun), Greenyard NV, General Mills, Inc., Mondelez International, Inc., The Kraft Heinz Company, The Hain Celestial Group, Inc., Himalaya Food International Ltd. and J.R. Simplot Company.
By End User (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
By Product Type (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
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