Sunday, 23 July 2017

Aviko, Lamb Weston, McCain Foods & PepsiCo dominate the Global Processed Potatoes Market, according to the report “Global Processed Potatoes Market 2017-2021” recently launched by Research and Markets.

The analysts forecast the global processed potatoes market to grow at a CAGR of 4.88% during the period 2017-2021.
The latest trend gaining momentum in the market is the growing focus on expanding production capabilities for potato processing. To cater to the increased global demand for processed potato products, manufacturers are focusing on expanding their production capabilities. They are finding tremendous growth opportunity in all global markets, owing to the rising consumer preference for on-the-go snack products. The increase in production capacity ensures that they are well-positioned to cater to customers' growing needs across markets.
One of the major drivers for this market is the expansion of the retail landscape and growing demand for convenience. The organized retail sector across the globe is growing and processed potato products such as potato chips, frozen French fries, and other potato-based snacks are primarily sold by retailers. (Further, the report states that one of the major factors hindering the growth of this market is represented by health issues associated with excessive potato consumption.)
Other important processors are Avebe, Burts Chips, Calbee Foods, Herr Foods, Intersnack Group, Kellogg, Kettle Foods, Old Dutch Foods, Snyder's-Lance and Tyrrells Potato Crisps. 

Related articles: 

Demand for Processed Potatoes Remains Strong 

US Processed 5% Less Potatoes in 2015 

Processed Potatoes in EU Worth EUR10b in 2014

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