Frozen Potato Market Growth, Size, Trends, Demand, Revenue, Share and Future Competition
Frozen Potato Market Size- By Product, By End Use, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jan-2024 | Report ID: FOOD2401 | Pages: 1 - 222 | Formats*: |
| Category : Food & Beverages | |||
Frozen Potato Market Introduction and Overview
According to SPER Market Research, the Global Frozen Potato Market is estimated to reach USD 111.11 billion by 2033 with a CAGR of 6.2%.
The report includes an in-depth analysis of the Global Frozen Potato Market, including market size and trends, product mix, applications, and supplier analysis. Growing urbanisation and changing lifestyles are major development drivers for the market. The widespread demand for processed and convenience meals has increased as a result of changing lifestyles and urbanisation. Frozen potatoes are part of this trend because they are regularly used as a component in many processed food items such as snacks, appetisers, and ready-to-eat meals. Frozen potatoes are also growing more popular in international markets. Potato-producing countries regularly export and freeze excess supplies in order to save waste and boost revenue. This tendency has spurred an increase in global demand for frozen potatoes. Frozen potatoes are more durable than fresh potatoes. They can be preserved in the freezer for several months without losing much quality or nutritional value. As a result, they are a practical choice for consumers who want to keep potatoes on hand without having to worry about them rotting.
- January 2022: In Belarus, the Toolchain Cannery launched a line to produce frozen semi-finished French fries. This is the country's first attempt at producing such things.
- November 2022: Amul has announced ambitions to introduce frozen potato products in India. Burger patties, hash browns, potato wedges, and French fries are most likely to be introduced.
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Market Opportunities and Challenges
Factors Influencing the Expansion of the Frozen Potato Industry Fast-food and quick-service businesses have now become a necessity for consumers. These restaurants sell mass-produced foods that are attracting an increasing number of customers. These restaurants are getting increasingly popular due to the convenience and amazing quality of the cuisine. They are also inexpensive in both money and time. Quick service and quick food Restaurants are becoming increasingly popular as consumers' needs change. With their cuisine, customers increasingly seek convenience and speedy service. Frozen French fries, hash browns, and shaped and stuffed/topped potatoes are popular among QSRs since they require less preparation time and are simple to utilise. This enables QSRs to supply customers with their meals rapidly, which is one of the QSRs' key strengths.
The Frozen Potato Industry's Challenges One of the primary factors likely to hinder the growth of the frozen potato market during the forecast period is the rising incidence of obesity and cardiac diseases related with excessive junk food consumption. Furthermore, the high cost of research and development capabilities is projected to stymie industry expansion. Over the analysis period, the market is expected to be challenged by high machinery costs and widespread availability of healthier alternatives. Furthermore, the high cost of transportation and storage is another issue that is expected to impede market growth in the near future.
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Market Competitive Landscape
To address increased demand for frozen potatoes, industry participants are concentrating on expanding their global market presence. Product innovation in terms of flavours, types, packaging, marketing, and other variables is boosting the market in many regions of the world as a result of greater industry competitiveness. The major players in the Global Frozen Potato Market include: Agra Frost GmbH & Co. KG., Agristo NV, Bart’s Potato Company, Coson, Himalya International Limited, Farm Frites International B.V., Green yard N.V., J.R. Simplot Company, Lamb Weston Holdings, Inc., McCain Foods Limited, The Kraft Heinz Company.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By End Use, By Distribution Channel. |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Agra Frost GmbH & Co. KG., Agristo NV, Bart’s Potato Company, Coson, Himalya International Limited, Farm Frites International B.V., Green yard N.V., J.R. Simplot Company, Lamb Weston Holdings, Inc., McCain Foods Limited, The Kraft Heinz Company. |
COVID-19 Impact on Global Frozen Potato Market
As the COVID-19 epidemic spread, demand for frozen food products and snacks increased considerably, owing to stringent lockdowns that prevented consumers from often accessing supermarkets or grocery stores to stock up on consumables. This boded well for various frozen potato product categories, including frozen potato chips and nuggets. As individuals throughout the world increasingly prefer plant-based fast foods amid concerns about the environmental impact of meat eating, sales of frozen potato products will rise even more.
Key Target Audience
- Family’s
- Food Enthusiasts
- Health-Conscious Consumers
- Restaurants and Food Service Businesses
- Working Professional
Our in-depth analysis of the Frozen Potato Market includes the following segments:
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| By End Use: |
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| By Distribution Channel: |
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| By Region: |
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Key Topics Covered in the Report
- Global Frozen Potato Market Size (FY’2023-FY’2033)
- Overview of Global Frozen Potato Market
- Segmentation of Global Frozen Potato Market By Product Type (Battered/Cooked, French Fries, Hash Brown, Mashed, Shapes, Sweet Potatoes/Yam, Topped/Stuffed, Others)
- Segmentation of Global Frozen Potato Market By End Use (Commercial, Residential)
- Segmentation of Global Frozen Potato Market By Distribution Channel (Offline, Online)
- Statistical Snap of Global Frozen Potato Market
- Expansion Analysis of Global Frozen Potato Market
- Problems and Obstacles in Global Frozen Potato Market
- Competitive Landscape in the Global Frozen Potato Market
- Impact of COVID-19 and Demonetization on Global Frozen Potato Market
- Details on Current Investment in Global Frozen Potato Market
- Competitive Analysis of Global Frozen Potato Market
- Prominent Players in the Global Frozen Potato Market
- SWOT Analysis of Global Frozen Potato Market
- Global Frozen Potato Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Frozen Potato Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Frozen Potato Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Frozen Potato Market
7. Global Frozen Potato Market, By Product (USD Million)
7.1. Global Frozen Potato Market Value Share and Forecast, By Product, 2023-20337.2. Battered/Cooked7.3. French Fries7.4. Hash Brown7.5. Mashed7.6. Shapes7.7. Sweet Potatoes/Yam7.8. Topped/Stuffed7.9. Others
8. Global Frozen Potato Market, By End Use (USD Million)
8.1. Global Frozen Potato Market Value Share and Forecast, By End Use, 2023-20338.2. Commercial8.3. Residential
9. Global Frozen Potato Market, By Distribution Channel (USD Million)
9.1. Global Frozen Potato Market Value Share and Forecast, By Distribution Channel, 2023-20339.2. Offline9.3. Online
10. Global Frozen Potato Market Forecast, 2019-2033 (USD Million)
10.1. Global Frozen Potato Market Size and Market Share
11. Global Frozen Potato Market, By Product 2019-2033 (USD Million)
11.1. Global Frozen Potato Market Size and Market Share By product (2019-2026)11.2. Global Frozen Potato Market Size and Market Share By Product (2027-2033)
12. Global Frozen Potato Market, By End Use, 2019-2033 (USD Million)
12.1. Global Frozen Potato Market Size and Market Share By End Use (2019-2026)12.2. Global Frozen Potato Market Size and Market Share By End Use (2027-2033)
13. Global Frozen Potato Market, By Distribution Channel, 2019-2033 (USD Million)
13.1. Global Frozen Potato Market Size and Market Share By Distribution Channel (2019-2026)13.2. Global Frozen Potato Market Size and Market Share By Distribution Channel (2027-2033)
14. Global Frozen Potato Market, By Region, 2019-2033 (USD Million)
14.1. Global Frozen Potato Market Size and Market Share By Region (2019-2026)14.2. Global Frozen Potato Market Size and Market Share By Region (2027-2033)14.3. Asia-Pacific
14.3.1. Australia14.3.2. China14.3.3. India14.3.4. Japan14.3.5. South Korea14.3.6. Rest of Asia-Pacific
14.4. Europe
14.4.1. France14.4.2. Germany14.4.3. Italy14.4.4. Spain14.4.5. United Kingdom14.4.6. Rest of Europe
14.5. Middle East and Africa
14.5.1. Kingdom of Saudi Arabia14.5.2. United Arab Emirates14.5.3. Rest of Middle East & Africa
14.6. North America
14.6.1. Canada14.6.2. Mexico14.6.3. United States
14.7. Latin America
14.7.1. Argentina14.7.2. Brazil14.7.3. Rest of Latin America
15. Company Profile
15.1. Agra Frost GmbH & Co. KG.
15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments
15.2. Agristo NV
15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments
15.3. Bart’s Potato Company
15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments
15.4. Coson, Himalya International Limited
15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments
15.5. Farm Frites International B.V.
15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments
15.6. Green yard N.V.
15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments
15.7. J.R. Simplot Company
15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments
15.8. Lamb Weston Holdings, Inc.
15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments
15.9. McCain Foods Limited
15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments
15.10. The Kraft Heinz Company
15.10.1. Company details15.10.2. Financial outlook15.10.3. Product summary15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Frozen Potato Market is projected to reach USD 111.11 billion by 2033, growing at a CAGR of 6.2% during the forecast period.
Frozen Potato Market grew in market size from 2022. The Market is expected to reach USD 111.11 billion by 2033, at a CAGR of 6.2% during the forecast period.
Frozen Potato Market CAGR of 6.2% during the forecast period.
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Frozen Potato Market size is USD 111.11 billion from 2023 to 2033.
Frozen Potato Market Segment is covered By Product Form, By Application, By Vehicle Type.
The North America is anticipated to have the highest market share in the Frozen Potato Market.
The key players in the market include Companies Covered Agra Frost GmbH & Co. KG., Agristo NV, Bart’s Potato Company, Coson, Himalya International Limited, Farm Frites International B.V., Green yard N.V., J.R. Simplot Company, Lamb Weston Holdings, Inc., McCain Foods Limited, The Kraft Heinz Company.
The widespread demand for processed and convenience meals has increased as a result of changing lifestyles and urbanisation.
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