Growing Focus on Boosting Potato Processing Capacity Drives Market Growth
According to Technavio, the international market for processed potatoes is expected to expand by USD48.7bn between 2025 and 2029. In the forecast period, the market is expected to develop at a compound annual growth rate (CAGR) of more than 5.5%.
“Growing focus on expanding production capabilities for potato processing is driving market growth, with a trend towards growing prominence of online shopping. However, stringent government regulations pose a challenge,” Technavio’s experts wrote in their latest intel.
Over the past ten years, the global market for processed potatoes has grown dramatically due in large part to the e-commerce industry. Customers can buy a variety of processed potato goods from both domestic and foreign companies through this online distribution channel.
“E-commerce platforms offer the convenience of accessing multicultural options, leading to an increase in cross-regional flavors, particularly Asian flavors in potato chips and French fries. Notable e-commerce retailers of processed potatoes include Amazon, Alibaba, and eBay. These platforms provide customers with diverse choices, contributing to the market’s growth,” the analysts concluded.
