Market Overview:
Dehydrated Potato Market Distribution Channel was valued at USD 6.19 Billion in 2023. The Dehydrated Potato market industry is projected to grow from USD 6.61 Billion in 2024 to USD 11.19 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.80% during the forecast period (2024 - 2032).
Dehydrated potatoes are the best source for flavour, variety, and nutrition of fresh, natural potatoes. As a result, dried potatoes are used in soups and salads, ready-to-eat meals, or desserts. The major contributors to the market growth include: The widespread adoption of these products for their longer shelf-life and cross-seasonal availability. On the other hand, the demand of the market for both convenience food products and processed food products is deemed to be the catalyst behind the sales of the product in the market. A few of the food service operators internationally are the consumers of these products due to their applications in general food, snacks, bakeries, and commercial food-based services anticipates the continuous growth of the market.
Market Dynamics:
Market Drivers-
Increasing Demand for Ready-To-Eat Products to Drive the Market for Convenience Foods
- One of the biggest factors in the rapid growth of convenience foods is the rising of readymade-to-eat (RTE) food choices. Convenience food serve to shorten the time and physical activities in food related activities that include measure preparation and cooking and post meal functions. In addition to the unprecedented elevation of the GHDI (Gross Household Disposable Income) and the fast pace of the urbanization process, consumers are also more willing than before to spend money on processed and ready-to-eat food products. The shift in consumer preferences, advancement of domestic life, working long hours, and the pandemic of COVID-19 determined the convenience products to grow in demand.
- The increased demand for these food products is the other factor which contributes to the growth of this product as well. Accordingly, the producers of potato-based products carry out different business activities that help them to extensively cover the marketplace. For instance, in May 2022, Iscon Balaji Foods planned to double its contract farming activities in Gujarat (India) to increase the production of dehydrated flakes and other potato products. The company introduced three new varieties of European potatoes and tried to serve the increasing demand for such products from the HoReCa segment.
Rising Applications in the Processed Food Industry to Fuel Product Demand
- The market has been growing on the back of increasing demand for their applications as add-in ingredients for baked products, sauces, soups, and processed food products. These dried potatoes consist of minerals and vitamins which have been used for cooking and baking. For instance, dehydrated potato flakes or granules that can be used as a thickener base for the soup and gravy preparation. These potatoes do well work to replace gluten-containing ingredients and help those especially with celiac disease or some other gluten-related disorder.
- The main source of the product's increasing latter is the processed potatoes industry, which features the product's longer shelf life and availability anytime. In noticeable years, the consumers are obtaining more nutrition-filled processed food which is the reason why the market is growing annually. The Potatoes USA source of 2020-2021 implies that there were 9% of the whole imports of potatoes and their aggregate products compared to 15% of dehydrated potatoes, and 18% of imported chips. The rising demand from processed & dehydrated potatoes in the worldwide processed food & drinks industry will provide major open doors.
Market Opportunity-
Growth in demand for convenience foods and packaged snacks
- Many convenience meals have been produced to cater for these swift-paced lifestyles which have their roots in consumer preference for ready meals. More than that, cooking functions such as meals preparation, cooking, and post-meal cleaning can be made less complicated and shorter by using ready-made foods. A single factor which is quite significant is the increase in consumer gross domestic disposable income and urbanization which are fuelling the demand for processed and ready-to-eat food goods. By nature, the dehydrated potato market is observing an uptrend as a result of the increase in the demand for products that can be consumed prepared.
Market Restraining Factors-
Price Fluctuations and Supply Chain Bottlenecks to Impede Market Growth
- This market faces an intensity of supply problems emanating from labour shortage, logistics issues and the availability of raw materials which impair sustainability. Besides that, the constantly changing materials prices results in the narrowing of supply channels, hindering the market growth. Additionally, diet-conscious consumers stay away from eating the unhealthy high-calorie and additive-containing processed food and look for the healthier substitutes and this also hinders the growth of the market.
Report Coverage:
The report will cover the qualitative and quantitative data on the global Dehydrated Potato Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
By Form (Flakes, Powder, Dices, Shreds, Others), By Nature (Organic, Conventional), By Distribution Channel (Food Services, Retail Channel).
Report Scope and Segmentations:
Study Period | 2024-32 |
Base Year | 2023 |
Estimated Forecast Year | 2024-32 |
Growth Rate | CAGR of 6.80% from 2024 to 2032 |
Segmentation | By Resin Type, By Technology, By Application, By Region |
Unit | USD Billion |
By Form | - Flakes
- Powder
- Dices
- Shreds
- Others
|
By Nature | |
By Distribution Channel | - Food Services
- Retail Channel
|
By Region | - North America (U.S., Canada, Mexico)
- Europe (Germany, France, UK, Italy, Spain, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, ASEAN, Rest of Asia-Pacific)
- LAMEA (Latin America, Middle East, Africa)
|
Key Companies in the Dehydrated Potato market include:
- McCain Foods
- Basic American Foods
- Lamb Weston
- Idahoan Foods
- Pacific Valley Foods
- Augason Farms
- Idaho Supreme Potatoes
- Birkamidon Rohstoffhandels GmbH
- R. Short Milling
- Rixona B.V.
- Intersnack Group
- Simplot
- Aviko
- Emsland Group
- Chengde Kuixian Food
- Others
Key Industry Developments:
In January 2023, Emsland Group, an internationally operating company, plans to expand potato flake production in Emlichheim to increase the production capacity of dehydrated potatoes.
In March 2023, Lamb Weston, a significant potato processor, has invested $250 million in Argentina's potato industry to strengthen its presence in the international processing market. This significant investment will enable Lamb Weston to expand its processing capabilities in Argentina and improve its supply chain efficiency, which will ultimately help meet the growing demand for frozen potato products worldwide.
In March 2023, McCain Foods, a global food company, is making the most significant investment in its 65-year history by investing CAD$600 million (US$436 million) to expand its Coaldale facility in Alberta, Canada. The expansion will double the facility's size and output. McCain operates a processing facility in Coaldale, which has been in operation since 2000 and has 225 employees.
Dehydrated Potato Market Segmentation Analysis:
Dehydrated Potato Form Outlook
- Flakes
- Powder
- Dices
- Shreds
- Others
Dehydrated Potato Nature Outlook
Dehydrated Potato Distribution Channel Outlook
- Food Services
- Retail Channel
Dehydrated Potato Market Segment Insights:
Segmentation Analysis
The market scope is segmented because of by Form, by Nature, by Distribution Channel.
By Form
Based on the Form of the market is segmented into Flakes, Powder, Dices, Shreds, Others.
The dehydrated potato market segmentation, considering Form, consists of flakes, powder, slices, shreds, and others. The pie segment was the leading product segment in the market in 2023. In general, potato powder is a thickening agent as it is used in a wide range of foods, such as baked goods, ready-to-eat meals, and another food. The ready-to-cook foods and pre-cooked items, this became very much in demand lately. In such a context, potato powder will be very famous as a food item for the majority. This is the key message: the product holds great promise and opportunities in the growing food sector. Besides that, it can be used as a wonderful substitute for wheat flour when combined with gluten-free flour. It is predominantly utilized in the food service sector, but because it plays a great part in meals of soups, stews and curries, market demand for households is growing.
By Nature
Based on the Nature of the market is segmented into Organic, Conventional.
The market segment for the Dehydrated Potatoes is divided into two types in terms of Nature i.e. Organic and conventional. The biggest territorial markets of conventional segment were led in 2023. Because of the wide range of applications for the vegetables, it is the commercial sellers who now include dehydrated potatoes as a healthy part of a balanced diet. The significant segment of the currently existing market share will be matured. Consumers are often opting for conventional foods rather those described as organic products only because the latter are more expensive. Traditional potatoes which are the main products in commercial sites tend to be bought in bulk as they can be utilized in high levels. Because organic potatoes are usually more costly for end consumers than conventional ones, the increase in consumption of the latter is higher.
By Distribution Channel
Based on the Distribution Channel of the market is segmented into Food Services, Retail Channel.
The Dehydrated Potato Market segmentation based on Distribution Channel includes food services and retail are the channels through which the product is sold. In 2023 Dehydrated Potato Market, the Food Service Segment came out as the winner. These include hotels, restaurants, fast food restaurants, cafeterias and other establishments, which are classified under the food services category. The advent of food channels has made delivery of food items the main need of food service sector. The demand for the product is the result of the growing brands of full-service and quick-service restaurants, both of them on the national and the international level. In addition, dehydrated products are widely available as a result of international trading, usage in industrial and commercial applications and other forms of retail, thereby fuel the market's growth.
Regional Snapshots:
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific Dehydrated Potato market dominated this market in 2023 (46.60%). Manufacturers of quick potatoes anticipate considerable contributions from the area. The highest market shares in the area are predicted to belong to China and India. In these nations, potatoes are a significant vegetable that are farmed both as a staple diet and as a source of revenue, particularly for farmers in hilly regions with poor soil. Potato flour is used to bind meat mixes, thicken gravies and soups, and dehydrated potato flakes are utilised as a snack ingredient in commercial mashed potato products. The demand for the commodity in the area is fuelled by the rising usage of potato starch as a thickening for sauces and stews and a binding ingredient in dough, biscuits, and cake mixes. Moreover, China’s Dehydrated Potato market held the largest market share, and the Indian Dehydrated Potato market was the fastest growing market in the Asia-Pacific region.
Further, the major countries studied in the market report are the US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Dehydrated Potato Market Report is also available for below Regions and Country Please Ask for that
North America
Europe
- Switzerland
- Belgium
- Germany
- France
- U.K.
- Italy
- Spain
- Sweden
- Netherland
- Turkey
- Rest of Europe
Asia-Pacific
- India
- Australia
- Philippines
- Singapore
- South Korea
- Japan
- China
- Malaysia
- Thailand
- Indonesia
- Rest Of APAC
Latin America
- Mexico
- Argentina
- Peru
- Colombia
- Brazil
- Rest of South America
Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest Of MEA
Points Covered in the Report:
- The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
- The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
- The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
- Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
- The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Key Questions:
- How much the global Dehydrated Potato Market valued?
- Which region has the largest share in 2024 for the global Dehydrated Potato Market?
- What are the driving factors for the market?
- Which is the leading segment in the global market?
- What are the major players in the market?
Research Scope of Dehydrated Potato Market:
- Historic year: 2019-2022
- Base year: 2023
- Forecast: 2024 to 2032
- Representation of Market revenue in USD Million
Dehydrated Potato Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: