The Frozen Potato Market is Predict to reach $88 Billion by 2030, at a CAGR of 4.8%

Frozen Potato Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Frozen Potato Market size is expected to reach $88 billion by 2030, rising at a market growth of 4.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 23,453.1 Kilo Tonnes experiencing a growth of 4.9% (2019-2022).

The Commercial segment is generating the highest revenue in the Global Frozen Potato Market, By End User in 2022; thereby, achieving a market value of $71.9 billion by 2030. Commercial establishments, including restaurants, cafes, and catering services, benefit from frozen potatoes' time efficiency and convenience. The pre-cut and processed nature of frozen potato products reduces preparation time, enabling food service outlets to serve quality dishes rapidly and maintain a consistent standard. These factors are expected to boost the demand in the segment.

The French Fries segment is experiencing a CAGR of 3.4 % during the forecast period. French fries are renowned for their convenience, requiring minimal preparation time compared to making fries from scratch. In today's fast-paced world, where consumers often seek quick and hassle-free meal solutions, the convenience offered by frozen French fries aligns perfectly with busy lifestyles. The ease of preparation makes them a household go-to side dish and a popular choice for quick-service restaurants (QSRs). Owing to these aspects, the segment will witness increased demand in the future.

The Asia Pacific region dominated the Global Frozen Potato Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $33.4 billion by 2030. The North America market is anticipated to grow a CAGR of 4.1% during (2023 - 2030). Additionally, The Europe market would witness a CAGR of 4.3% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/frozen-potato-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Frozen Potato Market Segmentation

By End User (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)

• Commercial
• Residential

By Product Type (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)

• French Fries
• Hash Brown
• Shapes
• Mashed
• Sweet Potatoes/Yam
• Battered/Cooked
• Topped/Stuffed
• Others

By Geography (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• 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.
• J.R. Simplot Company

Related Reports:

North America Frozen Potato Market Size & Forecast to 2030

• November-2023
• 122 Pages

LAMEA Frozen Potato Market Size, Share & Trends, 2023-2030

• November-2023
• 137 Pages

Europe Frozen Potato Market Size & Share, Growth to 2030

• November-2023
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Asia Pacific Frozen Potato Market Size Report to 2023-2030

• November-2023
• 140 Pages