The Latin America, Middle East and Africa Dehydrated Potato Market would witness market growth of 9.6% CAGR during the forecast period (2023-2030).
Dehydrated potatoes can be used in any form of soups and salads to ready meals and sweets because they have the same flavor, adaptability, and nutritional value as fresh potatoes. Many factors, including a rise in the appeal of these products due to their longer shelf-life and availability throughout the year, are driving the market. The market demand for the product is also projected to be driven by expansion in consumer preferences for convenience foods and rising demand for processed foods. Due to their diverse applications in snacks, general foods, bakeries, and commercial food service operations, several food service operators purchase these products, which is anticipated to contribute to the market's constant growth.
Customers want to eat better meals as they become more health conscious. Products made from dried potatoes can be made with less salt & fat, attracting health-conscious consumers. The demand for convenience meals is also rising due to busy lifestyles and the desire for quick & simple meal options. Numerous instant food products, such as instant mashed potatoes, potato chips, and snack foods made with potatoes, are frequently made with dehydrated potatoes.
The travel and tourism industry contributed AED 159.1 billion (USD 43.3 billion), 12.1% of the UAE's GDP. It is anticipated to increase by 4.9% annually to AED 264.5 billion (USD 72 billion), or 12.4% of GDP, in 2027. The travel and tourism industry in the UAE directly supported 317,500 jobs or 5.4% of all employment. This is anticipated to increase by 2.4% annually to 410,000 jobs, representing 5.9% of all employment in 2027. This is further predicted to support the growth of the food retail industry in the region. These aspects are estimated to result in growth of regional market.
The Brazil market dominated the LAMEA Dehydrated Potato Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $178.1 Million by 2030. The Argentina market is estimated to grow a CAGR of 10.2% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 9.3% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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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