Potato Flakes Market
Potato Flakes Market Analysis By End Use (Animal Feed, Business to Business (B2B), Household Use), By Nature (Organic, Conventional), By Sales Channel (Hypermarkets/Supermarkets, Convenience Stores, Traditional Grocery Stores, Online Retailers) - Global Market Insights 2023 to 2033
Analysis of Potato Flakes Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Potato Flakes Market Outlook (2023 to 2033)
Worldwide demand for potato flakes accounts for a market valuation of US$ 7.2 billion in 2023 and is forecasted to surge to US$ 12.8 billion by the end of 2033. Over the course of the next ten years, the global potato flakes market is predicted to exhibit expansion at 5.9% CAGR.
Potato flakes have a high food value owing to their composition, which contains minerals such as potassium and calcium, vitamin C, and carbohydrates. This nutrient-rich composition of potato flakes makes them a favourable choice for convenience food manufacturing and other food service applications. Potato starch, potato flour, mashed potato flakes, and dried potato flakes are expected to witness high demand than other products over the coming years.
Rising disposable income, changing consumer preferences, growing popularity of plant-based diets, increasing investments in research and development, growing use of advanced technologies in food processing, and rising adoption of organic farming practices are other aspects that could promulgate potato flake consumption across the forecast period.
However, fluctuations in raw material pricing and availability are expected to impede market development to a certain extent in the future. Moreover, stringent norms regarding emissions from food factories across the world are also expected to prove to be a major challenge for potato flake manufacturers through 2033.
On a regional level, demand for potato flakes in the Asia Pacific region is anticipated to account for a notable market share and this can be ascribed to the presence of strong agricultural practices in countries such as India and China. Low labour costs and supportive government initiatives are other prospects that are anticipated to boost the consumption of potato flakes in APAC going forward.
A detailed account of all trends, opportunities, restraints, and challenges affecting market expansion has been discussed in this revised potato flakes research analysis by Fact.MR, a market research and competitive intelligence provider.
Report Attributes | Details |
---|---|
Potato Flakes Market Size in 2023 | US$ 7.2 Billion |
Projected Market Value (2033F) | US$ 12.8 Billion |
Global Market Growth Rate (2023-2033) | 5.9% CAGR |
Germany Market Growth Rate (2023-2033) | 6% CAGR |
United States Market Growth Rate (2023-2033) | 8% CAGR |
Conventional Segment Market Share (2033F) | ~40% |
Key Companies Profiled | Nestlé S.A.; Bem Brasil Alimentos LTDA; Oregon Potato Co.; Bob's Red Mill Natural Foods Inc.; Lamb Weston Holdings Inc.; Idahoan Foods LLC; Basic American Foods Inc.; Agrarfrost GmbH & Co. KG; Rixona B.V.; Patwary Potato Flakes Ltd.; McCain Foods Limited; Clarebout Potatoes NV; Lutosa SA; Nahr-Engel GmbH; Goodrich Cereals; Iscon Balaji Foods Pvt. Limited |
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What Market Prospects Await Potato Flake Manufacturers?
“High Demand for Convenience & Ready-to-eat Foods”
Ready-to-eat foods and convenience foods have witnessed a substantial hike in demand in recent years owing to changing lifestyle trends and consumer preferences across the world. The growing popularity of veganism has also resulted in increased demand for products such as potato flour, potato powder, sweet potato flakes, etc., which is projected to benefit overall market growth through 2033. Increasing use of potato starch and potato flakes in the processing and manufacturing of convenience foods is also expected to boost potato flake sales throughout the forecast period.
“Increasing Investments in R&D Helping Widen Scope of Application of Potato Flakes”
Research and development activity in the food and beverages industry is increasing steadily as the demand for nutrient-rich and healthy food ingredients rises. This increased R&D activity has resulted in significant advances in the food processing industry and has also resulted in the widespread adoption of technology in various facets of the food industry. Through this increased research, food manufacturers have found various new applications for potato flakes that also spread out to other industry verticals and promote shipments of potato flakes.
Country-wise Insights
Will the United States Be an Investment-worthy Market for Potato Flake Suppliers?
“Presence of Large Food Processing Facilities Driving Market Expansion”
The United States is home to some of the world’s most renowned food manufacturers and highly advanced food processing facilities, which makes it a lucrative market for potato flakes. Growing consumption of convenience foods, increasing demand for organic food ingredients, rising investments in research and development by manufacturers, and changing eating habits are other factors that are expected to supplement market expansion in the U.S. throughout the forecast period.
Demand for potato flakes in the United States is forecasted to increase at a high CAGR of 8% over the next ten years making it the most remunerative market in the North American region. The growing adoption of organic farming practices in the U.S. is also predicted to affect market development over the coming years.
Will Japan & Korea Be Lucrative Markets?
“Rapidly Growing Demand for Ready-to-eat Foods”
Japan and Korea are witnessing some major changes in consumer preference owing to globalization and the rising influence of Western culture on the population. Dietary preferences and eating habits of Japanese and Korean people are also undergoing a change, which has led to increasing demand for ready-to-eat foods in the aforementioned Asian countries.
Potato flakes play an important role in the processing and manufacturing of many ready-to-eat foods and hence their demand is expected to rise in these countries over the coming years. Instant mashed potato flakes, instant sweet potato flakes, and potato powder are some products that are expected to witness a hike in demand in Japan and Korea.
Where in Europe Will Sales of Potato Flakes Shine?
“Germany Projected to Emerge as Highly Remunerative Market”
Germany like many other European countries has been witnessing a hike in the popularity of organic foods and organic food ingredients, which is anticipated to propel sales of products such as potato flour, potato powder, and potato flakes in the future. Food manufacturers in Germany are using potato flakes instead of fresh potatoes to reduce manufacturing costs and simplify their supply chains.
Growing investments by food manufacturers in research and development to explore the scope of application for potato flakes is another key aspect driving market potential in Germany. Consumption of potato flakes in Germany is projected to increase at a steady 6% CAGR from 2023 to 2033.
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Category-wise Insights
Where are Sales of Potato Flakes the Highest?
“Business to Business (B2B) End Use to Account for High Sales”
Based on end use, the market for potato flakes is segmented into household, animal feed, and business to business (B2B).
Potato flakes are known to have a long shelf life and this makes them a highly attractive product in the B2B end use where companies cannot afford to lose a product in storage losses. Potato flakes are easily digestible and do not affect the final taste of the product, these factors make them a highly desirable choice in the food processing and food service industry. The B2B end-use segment accounts for a major market share at present and is anticipated to maintain a similar stance across the forecast period till 2033.
Potato flakes are also witnessing increased usage in the animal feed industry as manufacturers try to incorporate more natural ingredients in their offerings.
Will We Witness Increased Consumption of Organic Potato Flakes?
“Increasing Preference of Organic Foods to Boost Organic Potato Flake Demand”
Based on nature, the market is segmented into organic and conventional.
Sales of conventional potato flakes account for a major market share at present and are estimated to maintain a similar demand outlook over the coming years as well. The increasing scope of application for conventional potato flakes and high investments in research and development of the same by manufacturers are expected to attribute to a high market share of conventional potato flakes.
By the end of 2033, conventional potato flakes are predicted to account for around 40% of the global market share.
Meanwhile, demand for organic potato flakes is anticipated to witness a bright outlook across the world owing to changing consumer preferences and rising awareness regarding the benefits of organic food consumption. Sales of dried potato flakes and dehydrated potato flakes are predicted to benefit from the rising popularity of organic food products.
Competitive Landscape
Potato flake suppliers are focusing on collaborations and partnerships to fast-track the research and development of novel products.
- In 2021, Pune-based Agrico and S.V. Agri formed a joint venture to develop new high-yield varieties that are specifically suitable for India. The new venture was expected to produce high-grade seed materials under intended conditions.
Potato flake manufacturers are also eyeing acquisitions and mergers to expand their business scope while also investing in the expansion of their production capacities in various plants.
- McCain Foods, a Canadian frozen food organization, in 2019, acquired a 70% majority stake in Sérya, a Brazillian company that operates in the pre-formed potato products marketplace. Through this acquisition, McCain has expanded its reach and strengthened its position in Brazil, which is a highly attractive emerging market.
- Rixona B.V., a leading name in the potato flakes industry began construction of a new production facility in the Gansu province of China. The new facility was intended to produce 15,000 tonnes of premium potato flakes per year.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Key Segments of Potato Flakes Industry Research
-
By Sales Channel:
- Hypermarkets/Supermarkets
- Convenience Stores
- Traditional Grocery Stores
- Online Retailers
-
By Nature:
- Organic Potato Flakes
- Conventional Potato Flakes
-
By End Use:
- Household Use
- Business to Business (B2B)
- Food Service Industry
- Food Industry
- Soups & Premixes
- Bakery
- Snacks
- Frozen Foods
- Baby Food
- Meat Processing
- Animal Feed
-
By Region:
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Introduction
- 3. Market Background
- 4. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 5. Global Market Pricing Analysis
- 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Nature
- 6.1. Organic
- 6.2. Conventional
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by End Use
- 7.1. Household
- 7.2. Business to Business
- 7.2.1. Food Service Industry
- 7.2.2. Food Industry
- 7.2.2.1. Soups & Premixes
- 7.2.2.2. Bakery
- 7.2.2.3. Snacks
- 7.2.2.4. Frozen Food
- 7.2.2.5. Baby Food
- 7.2.2.6. Meat Processing
- 7.2.3. Animal Feed
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Sales Channel
- 8.1. Hypermarket/Supermarkets
- 8.2. Convenience Stores
- 8.3. Specialty Stores
- 8.4. Traditional Grocery
- 8.5. Online Retailers
- 9. Global Market Analysis and Forecast, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. South Asia & Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Middle East & Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Competition Analysis
- 16.1. Nestle S.A.
- 16.2. Bob's Red Mill Natural Foods, Inc.
- 16.3. McCain Foods Limited
- 16.4. Idahoan Foods, LLC.
- 16.5. Rixona B.V.
- 16.6. Basic American Foods, Inc.
- 16.7. Agrarfrost GmbH & Co. KG
- 16.8. Patwary Ltd.
- 16.9. Clarebout Potatoes NV
- 16.10. Goodrich Cereals
- 16.11. Lamb Weston Holdings, Inc.
- 16.12. Iscon Balaji Foods Pvt Limited
- 16.13. Lutosa SA
- 16.14. Nahr-Engel GmbH
- 16.15. Bem Brasil Alimentos LTDA
- 16.16. Oregon Potato Co.
- 17. Research Methodology
- 18. Assumptions & Acronyms Used
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List Of Table
Table 01: Global Market Value (US$ Mn) Forecast by Region, 2018 to 2033
Table 02: Global Market Volume (MT) Forecast by Region, 2018 to 2033
Table 03: Global Market Value (Mn) Forecast by Nature, 2018 to 2033
Table 04: Global Market Volume (MT) Forecast by Nature, 2018 to 2033
Table 05: Global Market Value (US$ Mn) Forecast by End Use, 2018 to 2033
Table 06: Global Market Volume (MT) Forecast by End Use, 2018 to 2033
Table 07: Global Market Value (Mn) Forecast by Sales Channel, 2018 to 2033
Table 08: Global Market Volume (MT) Forecast by Sales Channel, 2018 to 2033
Table 09: North America Market Value (US$ Mn) Forecast by Country, 2018 to 2033
Table 10: North America Market Volume (MT) Forecast by Country, 2018 to 2033
Table 11: North America Market Value (Mn) Forecast by Nature, 2018 to 2033
Table 12: North America Market Volume (MT) Forecast by Nature, 2018 to 2033
Table 13: North America Market Value (US$ Mn) Forecast by End Use, 2018 to 2033
Table 14: North America Market Volume (MT) Forecast by End Use, 2018 to 2033
Table 15: North America Market Value (Mn) Forecast by Sales Channel, 2018 to 2033
Table 16: North America Market Volume (MT) Forecast by Sales Channel, 2018 to 2033
Table 17: Latin America Market Value (US$ Mn) Forecast by Country, 2018 to 2033
Table 18: Latin America Market Volume (MT) Forecast by Country, 2018 to 2033
Table 19: Latin America Market Value (Mn) Forecast by Nature, 2018 to 2033
Table 20: Latin America Market Volume (MT) Forecast by Nature, 2018 to 2033
Table 21: Latin America Market Value (US$ Mn) Forecast by End Use, 2018 to 2033
Table 22: Latin America Market Volume (MT) Forecast by End Use, 2018 to 2033
Table 23: Latin America Market Value (Mn) Forecast by Sales Channel, 2018 to 2033
Table 24: Latin America Market Volume (MT) Forecast by Sales Channel, 2018 to 2033
Table 25: Europe Market Value (US$ Mn) Forecast by Country, 2018 to 2033
Table 26: Europe Market Volume (MT) Forecast by Country, 2018 to 2033
Table 27: Europe Market Value (Mn) Forecast by Nature, 2018 to 2033
Table 28: Europe Market Volume (MT) Forecast by Nature, 2018 to 2033
Table 29: Europe Market Value (US$ Mn) Forecast by End Use, 2018 to 2033
Table 30: Europe Market Volume (MT) Forecast by End Use, 2018 to 2033
Table 31: Europe Market Value (Mn) Forecast by Sales Channel, 2018 to 2033
Table 32: Europe Market Volume (MT) Forecast by Sales Channel, 2018 to 2033
Table 33: East Asia Market Value (US$ Mn) Forecast by Country, 2018 to 2033
Table 34: East Asia Market Volume (MT) Forecast by Country, 2018 to 2033
Table 35: East Asia Market Value (Mn) Forecast by Nature, 2018 to 2033
Table 36: East Asia Market Volume (MT) Forecast by Nature, 2018 to 2033
Table 37: East Asia Market Value (US$ Mn) Forecast by End Use, 2018 to 2033
Table 38: East Asia Market Volume (MT) Forecast by End Use, 2018 to 2033
Table 39: East Asia Market Value (Mn) Forecast by Sales Channel, 2018 to 2033
Table 40: East Asia Market Volume (MT) Forecast by Sales Channel, 2018 to 2033
Table 41: South Asia & Oceania Market Value (US$ Mn) Forecast by Country, 2018 to 2033
Table 42: South Asia & Oceania Market Volume (MT) Forecast by Country, 2018 to 2033
Table 43: South Asia & Oceania Market Value (Mn) Forecast by Nature, 2018 to 2033
Table 44: South Asia & Oceania Market Volume (MT) Forecast by Sales Channel, 2018 to 2033
Table 45: South Asia & Oceania Market Value (US$ Mn) Forecast by End Use, 2018 to 2033
Table 46: South Asia & Oceania Market Volume (MT) Forecast by End Use, 2018 to 2033
Table 47: South Asia & Oceania Market Value (Mn) Forecast by Sales Channel, 2018 to 2033
Table 48: South Asia & Oceania Market Volume (MT) Forecast by Sales Channel, 2018 to 2033
Table 49: Middle East & Africa Market Value (Mn) Forecast by Nature, 2018 to 2033
Table 50: Middle East & Africa Market Volume (MT) Forecast by Nature, 2018 to 2033
Table 51: Middle East & Africa Market Value (US$ Mn) Forecast by End Use, 2018 to 2033
Table 52: Middle East & Africa Market Volume (MT) Forecast by End Use, 2018 to 2033
Table 53: Middle East & Africa Market Value (Mn) Forecast by Sales Channel, 2018 to 2033
Table 54: Middle East & Africa Market Volume (MT) Forecast by Sales Channel, 2018 to 2033
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List Of Figures
Figure 01: Global Market Value (US$ Mn) and Volume (MT), 2013 to 2017
Figure 02: Global Market Value (US$ Mn) and Volume (MT) Forecast, 2018 to 2028
Figure 03: Global Market Value (US$ Mn) Analysis by Region, 2018 to 2033
Figure 04: Global Market Value (US$ Mn) Analysis by Region, 2018 to 2033
Figure 05: Global Market Value Share (%) and BPS Analysis by Region, 2023 & 2033
Figure 06: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 07: Global Market Value (US$ Mn) Analysis by Nature, 2018 to 2033
Figure 08: Global Market Value Share (%) and BPS Analysis by Nature, 2023 & 2033
Figure 09: Global Market Volume (MT) Analysis by Nature, 2018 to 2033
Figure 10: Global Market Y-o-Y Growth (%) Projections by Nature, 2023 to 2033
Figure 11: Global Market Value (US$ Mn) Analysis by End Use, 2018 to 2033
Figure 12: Global Market Value Share (%) and BPS Analysis by End Use, 2023 & 2033
Figure 13: Global Market Volume (MT) Analysis by End Use, 2018 to 2033
Figure 14: Global Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 15: North America Market Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 16: North America Market Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 17: North America Market Value Share (%) and BPS Analysis by Country, 2023 & 2033
Figure 18: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 19: North America Market Value (US$ Mn) Analysis by Nature, 2018 to 2033
Figure 20: North America Market Value Share (%) and BPS Analysis by Nature, 2023 & 2033
Figure 21: North America Market Volume (MT) Analysis by Nature, 2018 to 2033
Figure 22: North America Market Y-o-Y Growth (%) Projections by Nature, 2023 to 2033
Figure 23: North America Market Value (US$ Mn) Analysis by End Use, 2018 to 2033
Figure 24: North America Market Value Share (%) and BPS Analysis by End Use, 2023 & 2033
Figure 25: North America Market Volume (MT) Analysis by End Use, 2018 to 2033
Figure 26: North America Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 27: Latin America Market Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 28: Latin America Market Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 29: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 & 2033
Figure 30: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 31: Latin America Market Value (US$ Mn) Analysis by Nature, 2018 to 2033
Figure 32: Latin America Market Value Share (%) and BPS Analysis by Nature, 2023 & 2033
Figure 33: Latin America Market Volume (MT) Analysis by Nature, 2018 to 2033
Figure 34: Latin America Market Y-o-Y Growth (%) Projections by Nature, 2023 to 2033
Figure 35: Latin America Market Value (US$ Mn) Analysis by End Use, 2018 to 2033
Figure 36: Latin America Market Value Share (%) and BPS Analysis by End Use, 2023 & 2033
Figure 37: Latin America Market Volume (MT) Analysis by End Use, 2018 to 2033
Figure 38: Latin America Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 39: Europe Market Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 40: Europe Market Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 41: Europe Market Value Share (%) and BPS Analysis by Country, 2023 & 2033
Figure 42: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 43: Europe Market Value (US$ Mn) Analysis by Nature, 2018 to 2033
Figure 44: Europe Market Value Share (%) and BPS Analysis by Nature, 2023 & 2033
Figure 45: Europe Market Volume (MT) Analysis by Nature, 2018 to 2033
Figure 46: Europe Market Y-o-Y Growth (%) Projections by Nature, 2023 to 2033
Figure 47: Europe Market Value (US$ Mn) Analysis by End Use, 2018 to 2033
Figure 48: Europe Market Value Share (%) and BPS Analysis by End Use, 2023 & 2033
Figure 49: Europe Market Volume (MT) Analysis by End Use, 2018 to 2033
Figure 50: Europe Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 51: East Asia Market Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 52: East Asia Market Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 53: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 & 2033
Figure 54: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 55: East Asia Market Value (US$ Mn) Analysis by Nature, 2018 to 2033
Figure 56: East Asia Market Value Share (%) and BPS Analysis by Nature, 2023 & 2033
Figure 57: East Asia Market Volume (MT) Analysis by Nature, 2018 to 2033
Figure 58: East Asia Market Y-o-Y Growth (%) Projections by Nature, 2023 to 2033
Figure 59: East Asia Market Value (US$ Mn) Analysis by End Use, 2018 to 2033
Figure 60: East Asia Market Value Share (%) and BPS Analysis by End Use, 2023 & 2033
Figure 61: East Asia Market Volume (MT) Analysis by End Use, 2018 to 2033
Figure 62: East Asia Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 63: South Asia & Oceania Market Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 64: South Asia & Oceania Market Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 65: South Asia & Oceania Market Value Share (%) and BPS Analysis by Country, 2023 & 2033
Figure 66: South Asia & Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 67: South Asia & Oceania Market Value (US$ Mn) Analysis by Nature, 2018 to 2033
Figure 68: South Asia & Oceania Market Value Share (%) and BPS Analysis by Nature, 2023 & 2033
Figure 69: South Asia & Oceania Market Volume (MT) Analysis by Nature, 2018 to 2033
Figure 70: South Asia & Oceania Market Y-o-Y Growth (%) Projections by Nature, 2023 to 2033
Figure 71: South Asia & Oceania Market Value (US$ Mn) Analysis by End Use, 2018 to 2033
Figure 72: South Asia & Oceania Market Value Share (%) and BPS Analysis by End Use, 2023 & 2033
Figure 73: South Asia & Oceania Market Volume (MT) Analysis by End Use, 2018 to 2033
Figure 74: South Asia & Oceania Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 75: Middle East & Africa Market Value (US$ Mn) Analysis by Nature, 2018 to 2033
Figure 76: Middle East & Africa Market Value Share (%) and BPS Analysis by Nature, 2023 & 2033
Figure 77: Middle East & Africa Market Volume (MT) Analysis by Nature, 2018 to 2033
Figure 78: Middle East & Africa Market Y-o-Y Growth (%) Projections by Nature, 2023 to 2033
Figure 79: Middle East & Africa Market Value (US$ Mn) Analysis by End Use, 2018 to 2033
Figure 80: Middle East & Africa Market Value Share (%) and BPS Analysis by End Use, 2023 & 2033
Figure 81: Middle East & Africa Market Volume (MT) Analysis by End Use, 2018 to 2033
Figure 82: Middle East & Africa Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the potato flakes market at present?
Currently, the global potato flakes market accounts for a US$ 7.2 billion valuation.
What is the projected market size & growth rate of the potato flakes market?
Demand for potato flakes is set to rise at 5.9% CAGR and account for US$ 12.8 billion by 2033-end.
What are the key driving factors for the growth of the potato flakes market?
Rising demand for ready-to-eat foods and changing consumer preferences are expected to drive market growth.
At what pace will the sales of potato flakes rise in the U.S.?
Potato flake demand in the U.S. is projected to increase at a high 8% CAGR through 2033.
Which key potato flake companies are operating in the market?
Nestlé S.A., Bem Brasil Alimentos LTDA, Oregon Potato Co., and McCain Foods are key suppliers of potato flakes.