The Global Processed Potatoes Market to Grow by USD48.7bn from 2025-2029
Technavio projects that the size of the worldwide processed potato market will increase by USD48.7bn between 2025 and 2029. The market is estimated to grow at a CAGR of over 5.5% during the forecast period.
The market is booming due to increased attention to increasing manufacturing capacity for processing potatoes, and internet purchasing is becoming more popular. Strict government regulations, however, provide a problem.
“Cedric Porter’s Five Forces analysis reveals potential investment pockets in the potato industry for farmers and processors. Young population preferences for French-fried potatoes, chips, flakes, and starch-based products are driving demand. Health-conscious consumers are opting for organic and low-trans-fat processed potato products. Vegetarians and vegans are also fueling the demand for potato snacks. Processed potato products, including fries, soups, snacks, and frozen products, are popular in quick-service restaurant chains. Consumers are increasingly aware of the health benefits and risks associated with processed potatoes, such as hypertension, cardiovascular illnesses, cancer, stroke, and obesity. Companies are addressing these concerns by reducing cooking oil, trans-fat, and LDL cholesterol levels,” Technavio analysts mentioned.
