According to a new report, published by KBV research, The Global Dehydrated Potato Market size is expected to reach $9 billion by 2030, rising at a market growth of 6.9% CAGR during the forecast period.
The Organic segment is showcasing a CAGR of 9.1% during (2023 - 2030). A significant factor in the rapid expansion of dehydrated organic potatoes is the concept of organic farming, which has significantly impacted farming practices. The market for organic foods is expected to increase exponentially throughout the projected period due to consumers' growing concern over the environmental effects of food production activities.
The Powder segment is leading the Global Dehydrated Potato Market by Form in 2022 thereby, achieving a market value of $2.8 billion by 2030. As a thickening agent, potato powder is often used in various food preparations, including bakery goods, ready-to-eat meals, and other dishes. Recently, convenience foods and products ready-to-cook have become increasingly important. Potato powder will flourish as a widely used product and find a good place in this setting. In addition, it makes a fantastic substitution for wheat flour and gluten-free flour. It is mainly used in the food service sector, but because it is used in various foods, including soups, gravies, and curries, it is becoming increasingly popular in households.
The Retail segment has shown the growth rate of 7.7% during (2023 - 2030). The segment’s expansion is result of the rising demand for dehydrated potato for households. As consumers nowadays are largely interested in consumption of home-made snacks, the demand for powder based dehydrated potato has grown significantly among the retail channels.
The Asia Pacific market dominated the Global Dehydrated Potato Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3.5 billion by 2030. The Europe market is exhibiting a CAGR of 6.5% during (2023 - 2030). Additionally, The North America market would showcase a CAGR of 6.2% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/dehydrated-potato-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Lamb Weston Holdings, Inc., Aviko Rixona B.V. (Royal Cosun), McCain Foods Limited, Idahoan Foods, LLC (R.D. Offutt Company, Inc.), Basic American Foods, Pacific Valley Foods, Inc., Augason Farms (Blue Chip Group), Idaho Pacific Holdings, Inc., Birkamidon Rohstoffhandels GmbH and J.R. Short Milling Company.
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Companies Profiled
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