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Potato Processing Market size was valued at USD 35.5 billion in 2022 and is anticipated to progress at over 5.5% CAGR from 2023 to 2032.
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Potato Processing Market Size to Cross USD 61 Bn by 2032 Global Market Insights Inc.
Overview of Potato Processing Market • The potato processing marketvaluation is expected to cross USD 61 billion by 2032, as reported in a research study by Global Market Insights Inc. • Rising demand for processed potato products such as French fries, potato chips, and dehydrated potato flakes is fueling product adoption. These products are popular snacks and are consumed by a large number of people worldwide. As the global population continues to grow and lifestyles become busier, convenience foods like processed potato products are in high demand. Moreover, the strong growth of fast-food chains and service restaurants, particularly in emerging economies, has significantly contributed to the increased market demand. • The potato processing market from the potato chips segment is estimated to grow considerably during 2023 to 2032, as a result of rising disposable incomes, changing lifestyles, and urbanization globally. Potato chips offer convenience and portability, making them an ideal on-the-go snack. The fast-paced lifestyles of modern consumers, coupled with the need for quick and easy snacking options, have boosted the demand for potato chips. Global Market Insights Inc.
Continue… • The potato processing market from the ready-to-cook & prepared meals segment will exhibit sizable progression through 2032, driven by their convenience and time efficiency. Potatoes are versatile and can be easily processed into various forms, such as frozen fries, mashed potatoes, potato wedges, and hash browns, which can be quickly cooked or reheated to create a meal. Improved processing techniques and packaging technologies enhance the quality, taste, and shelf life of ready-to-cook and prepared potato products, making them more appealing to consumers. • North America potato processing market will expand significantly by 2032. Modern lifestyles, characterized by busy schedules and the need for quick meal solutions are pushing the regional market growth. In addition, the booming quick-service restaurant industry is contributing to increased access to processed potato products. Notable export opportunities have encouraged investments in potato processing facilities, contributing to the industry growth. • Notable participants in the potato processing market includeAviko, J. R. Simplot, Farm Frites, Bart’s Potato Company, General Mills, Royal Cosun, Kraft Heinz, McCain Foods Ltd., Agristo, and Idahoan Foods. Global Market Insights Inc.
Browse Full Research Report On Potato Processing Market@ https://bit.ly/3CgFYKl Request for a sample of this research report @ https://bit.ly/42qRv4k Global Market Insights Inc.
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