Frozen Potato Market - Forecast(2023 - 2028)

Report Code: FBR 66167 Report Format: PDF + Excel

Frozen Potato Market Report

Frozen Potato Market Overview

The global frozen potato market size is estimated to reach $72.34 Bn in 2024, growing at a CAGR of 4.1% during the forecast period 2019–2024. Growing nuclear families, coupled with increasing demand for convenience food, are some of the most prominent factors contributing to the frozen potato market growth. Moreover, rising acceptance of western culture is further driving the frozen potato market growth.

Report Coverage

The report: “Frozen Potato Market – Forecast (2019-2024)”, by IndustryARC covers an in-depth analysis of the following segments of the Frozen Potato Market. 

•By Product

•Whole Frozen Baked

•Frozen Wedges

•Frozen Mashed Potatoes

•Frozen French Fries

•Lattice/Basket Weave Cuts

•Hash Brown Patties

•Others

•By End-User

•Household

•Commercial

•By Sales Channel

•Hypermarket/Super Market

•Traditional Grocery Stores

•Convenience Stores

•Others

Key Takeaways

· Frozen fries stood as the largest segment and expected to continue its dominance throughout the forecast period from 2019 to 2014.

· The rising demand for convenience food is influencing the frozen potato market growth positively.

· It is evaluated that Asia Pacific is expected to record the fastest CAGR over the forecast period

Product - Segment Analysis

In 2018, the frozen French fries product segment dominated the frozen potato market in terms of revenue and accounted for a share of about 40% of the global market. Frozen potato products are made from fresh potatoes. There are various types of frozen fries, such as baked potato chips, crinkle fries, curly fries, etc. Growing adoption of western-style cuisine is one of the most prominent factors aiding the demand growth of frozen fries. In recent years, numerous companies have entered into this segment to capitalize on the huge opportunity existing in the market. According to USDA Foreign Agricultural Service, China’s frozen French fries production is expected to increase by 15% in 2018/19 as compared to 2017/18.

Application - Segment Analysis

In 2018, the commercial segment held the largest share of the overall market. One of the most prominent factors aiding the segment growth can be attributed to the rapid surge in the number of quick-service restaurants (QSRs). Frozen potato products have gained wide acceptance among consumers owing to various factors such as less preparation time and delicious taste. In the commercial sector, frozen potatoes are increasingly finding application across hotels, restaurants, QSRs, and fast food chains.

Geography - Segment Analysis

In 2018, Asia Pacific accounted for the largest share of the worldwide frozen potatoes market in terms of revenue. Growth of the Asia Pacific frozen potatoes market can be mainly attributed to the changing food consuming habits. The per capita consumption of frozen potatoes is increasing rapidly across the region, and there lie healthy growth opportunities for the companies operating in the business to flourish. Rapid urbanization and rising preference for western-style cuisine are expected to drive the growth of the market in the Asia Pacific region.

Frozen Potato Industry Outlook

Drivers – Frozen Potato Market

·         Increasing number of fast-food restaurants and Quick Service Restaurants

The number of fast-food and quick-service restaurants has increased a rapid rate across the globe. A developing region such as the Asia Pacific and the Middle East have remained at the forefront in this context. Changing food habits has been an important factor contributing to the growth of these restaurants, a factor complimenting the demand for frozen potato products.

 ·         Increasing Demand for Convenience Food

The increasing demand for frozen potatoes has been mostly the result of consumer’s nutrition habits and attitude toward meals. Taste is another crucial factor in influencing consumption. Busy lifestyle has led to the increasing popularity of convenience foods such as frozen fries, frozen mashed potatoes, frozen wedges among others. These products are increasingly being preferred as a side dish or snack during a day.

Challenges – Frozen Potato Market

·         Harmful for Heart Health

Many brands offering frozen fries use trans fats and palm oil, which isn’t ideal for heart health. It also increases the risk of contracting heart disease and contributes to clogged arteries. Moreover, some brands also have at least 15% of the daily recommendation of sodium per serving.

Market Landscape

Product development is one of the key strategies adopted by the players in the frozen potato market. The major players in the frozen potato market include Bart’s Potatoo Industry, Agrarfrost GmbH & Co. KG, Coöperatie Koninklijke Cosun U.A., Agristo NV, Greenyard NV, J.R. Simplot Company, Farm Frites, Himalaya International Ltd., Lamb-Weston (TaiMei Potato Industry Limited), McCain Foods, and The Kraft Heinz Company. The frozen potato market report provides frozen potato market share analysis wherein the frozen potato top 10 companies have been covered.

Frozen Potato Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the frozen potato market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types, end-user, and sales channel.

1. Frozen Potato Market - Overview
        1.1 Definitions and Scope
2. Frozen Potato Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Frozen Potato Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Frozen Potato Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Frozen Potato Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Frozen Potato Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Frozen Potato Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Frozen Potato Market - By Product Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
            8.3.1 Introduction
            8.3.2 French Fry
            8.3.3 Hash Brown
            8.3.4 Shape
            8.3.5 Mashed
            8.3.6 Sweet Potatoes/Yam
            8.3.7 Battered/Cooked
            8.3.8 Twice Baked
            8.3.9 Topped/Stuffed
9. Frozen Potato Market - By End-User (Market Size -$Million / $Billion)
9.1 Residential
9.2 Commercial
10. Frozen Potato - By Application Type (Market Size -$Million / $Billion)
11. Frozen Potato- By Geography (Market Size -$Million / $Billion)
        11.1 Frozen Potato Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Frozen Potato- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Frozen Potato- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Frozen Potato - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Frozen Potato - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Frozen Potato Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Frozen Potato Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Frozen Potato Market - Key Company List by Country Premium
15. Frozen Potato Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Agrarfrost Gmbh Co. Kg
        15.3 Agristo Nv
        15.4 Aviko
        15.5 Bart'S Potato Company
        15.6 H.J. Heinz Company
        15.7 Himalya International Ltd
        15.8 J.R. Simplot Company
        15.9 Lamb-Weston
        15.10 Mccain Food
        15.11 Taimei Potato Industry Limited
        15.12 Company 11
        15.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
16. Frozen Potato Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Frozen Potato Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Frozen Potato Market, By Product Type Market 2019-2024 ($M)
1.1 Introduction Market 2019-2024 ($M) - Global Industry Research
1.2 French Fry Market 2019-2024 ($M) - Global Industry Research
1.3 Hash Brown Market 2019-2024 ($M) - Global Industry Research
1.4 Shape Market 2019-2024 ($M) - Global Industry Research
1.5 Mashed Market 2019-2024 ($M) - Global Industry Research
1.6 Sweet Potatoes/Yam Market 2019-2024 ($M) - Global Industry Research
1.7 Battered/Cooked Market 2019-2024 ($M) - Global Industry Research
1.8 Twice Baked Market 2019-2024 ($M) - Global Industry Research
1.9 Topped/Stuffed Market 2019-2024 ($M) - Global Industry Research
2.Global Frozen Potato Market, By End-User Market 2019-2024 ($M)
2.1 Residential Market 2019-2024 ($M) - Global Industry Research
2.2 Commercial Market 2019-2024 ($M) - Global Industry Research
3.Global Frozen Potato Market, By Product Type Market 2019-2024 (Volume/Units)
3.1 Introduction Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 French Fry Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Hash Brown Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 Shape Market 2019-2024 (Volume/Units) - Global Industry Research
3.5 Mashed Market 2019-2024 (Volume/Units) - Global Industry Research
3.6 Sweet Potatoes/Yam Market 2019-2024 (Volume/Units) - Global Industry Research
3.7 Battered/Cooked Market 2019-2024 (Volume/Units) - Global Industry Research
3.8 Twice Baked Market 2019-2024 (Volume/Units) - Global Industry Research
3.9 Topped/Stuffed Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Frozen Potato Market, By End-User Market 2019-2024 (Volume/Units)
4.1 Residential Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Commercial Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Frozen Potato Market, By Product Type Market 2019-2024 ($M)
5.1 Introduction Market 2019-2024 ($M) - Regional Industry Research
5.2 French Fry Market 2019-2024 ($M) - Regional Industry Research
5.3 Hash Brown Market 2019-2024 ($M) - Regional Industry Research
5.4 Shape Market 2019-2024 ($M) - Regional Industry Research
5.5 Mashed Market 2019-2024 ($M) - Regional Industry Research
5.6 Sweet Potatoes/Yam Market 2019-2024 ($M) - Regional Industry Research
5.7 Battered/Cooked Market 2019-2024 ($M) - Regional Industry Research
5.8 Twice Baked Market 2019-2024 ($M) - Regional Industry Research
5.9 Topped/Stuffed Market 2019-2024 ($M) - Regional Industry Research
6.North America Frozen Potato Market, By End-User Market 2019-2024 ($M)
6.1 Residential Market 2019-2024 ($M) - Regional Industry Research
6.2 Commercial Market 2019-2024 ($M) - Regional Industry Research
7.South America Frozen Potato Market, By Product Type Market 2019-2024 ($M)
7.1 Introduction Market 2019-2024 ($M) - Regional Industry Research
7.2 French Fry Market 2019-2024 ($M) - Regional Industry Research
7.3 Hash Brown Market 2019-2024 ($M) - Regional Industry Research
7.4 Shape Market 2019-2024 ($M) - Regional Industry Research
7.5 Mashed Market 2019-2024 ($M) - Regional Industry Research
7.6 Sweet Potatoes/Yam Market 2019-2024 ($M) - Regional Industry Research
7.7 Battered/Cooked Market 2019-2024 ($M) - Regional Industry Research
7.8 Twice Baked Market 2019-2024 ($M) - Regional Industry Research
7.9 Topped/Stuffed Market 2019-2024 ($M) - Regional Industry Research
8.South America Frozen Potato Market, By End-User Market 2019-2024 ($M)
8.1 Residential Market 2019-2024 ($M) - Regional Industry Research
8.2 Commercial Market 2019-2024 ($M) - Regional Industry Research
9.Europe Frozen Potato Market, By Product Type Market 2019-2024 ($M)
9.1 Introduction Market 2019-2024 ($M) - Regional Industry Research
9.2 French Fry Market 2019-2024 ($M) - Regional Industry Research
9.3 Hash Brown Market 2019-2024 ($M) - Regional Industry Research
9.4 Shape Market 2019-2024 ($M) - Regional Industry Research
9.5 Mashed Market 2019-2024 ($M) - Regional Industry Research
9.6 Sweet Potatoes/Yam Market 2019-2024 ($M) - Regional Industry Research
9.7 Battered/Cooked Market 2019-2024 ($M) - Regional Industry Research
9.8 Twice Baked Market 2019-2024 ($M) - Regional Industry Research
9.9 Topped/Stuffed Market 2019-2024 ($M) - Regional Industry Research
10.Europe Frozen Potato Market, By End-User Market 2019-2024 ($M)
10.1 Residential Market 2019-2024 ($M) - Regional Industry Research
10.2 Commercial Market 2019-2024 ($M) - Regional Industry Research
11.APAC Frozen Potato Market, By Product Type Market 2019-2024 ($M)
11.1 Introduction Market 2019-2024 ($M) - Regional Industry Research
11.2 French Fry Market 2019-2024 ($M) - Regional Industry Research
11.3 Hash Brown Market 2019-2024 ($M) - Regional Industry Research
11.4 Shape Market 2019-2024 ($M) - Regional Industry Research
11.5 Mashed Market 2019-2024 ($M) - Regional Industry Research
11.6 Sweet Potatoes/Yam Market 2019-2024 ($M) - Regional Industry Research
11.7 Battered/Cooked Market 2019-2024 ($M) - Regional Industry Research
11.8 Twice Baked Market 2019-2024 ($M) - Regional Industry Research
11.9 Topped/Stuffed Market 2019-2024 ($M) - Regional Industry Research
12.APAC Frozen Potato Market, By End-User Market 2019-2024 ($M)
12.1 Residential Market 2019-2024 ($M) - Regional Industry Research
12.2 Commercial Market 2019-2024 ($M) - Regional Industry Research
13.MENA Frozen Potato Market, By Product Type Market 2019-2024 ($M)
13.1 Introduction Market 2019-2024 ($M) - Regional Industry Research
13.2 French Fry Market 2019-2024 ($M) - Regional Industry Research
13.3 Hash Brown Market 2019-2024 ($M) - Regional Industry Research
13.4 Shape Market 2019-2024 ($M) - Regional Industry Research
13.5 Mashed Market 2019-2024 ($M) - Regional Industry Research
13.6 Sweet Potatoes/Yam Market 2019-2024 ($M) - Regional Industry Research
13.7 Battered/Cooked Market 2019-2024 ($M) - Regional Industry Research
13.8 Twice Baked Market 2019-2024 ($M) - Regional Industry Research
13.9 Topped/Stuffed Market 2019-2024 ($M) - Regional Industry Research
14.MENA Frozen Potato Market, By End-User Market 2019-2024 ($M)
14.1 Residential Market 2019-2024 ($M) - Regional Industry Research
14.2 Commercial Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Frozen Potato Market Revenue, 2019-2024 ($M)
2.Canada Frozen Potato Market Revenue, 2019-2024 ($M)
3.Mexico Frozen Potato Market Revenue, 2019-2024 ($M)
4.Brazil Frozen Potato Market Revenue, 2019-2024 ($M)
5.Argentina Frozen Potato Market Revenue, 2019-2024 ($M)
6.Peru Frozen Potato Market Revenue, 2019-2024 ($M)
7.Colombia Frozen Potato Market Revenue, 2019-2024 ($M)
8.Chile Frozen Potato Market Revenue, 2019-2024 ($M)
9.Rest of South America Frozen Potato Market Revenue, 2019-2024 ($M)
10.UK Frozen Potato Market Revenue, 2019-2024 ($M)
11.Germany Frozen Potato Market Revenue, 2019-2024 ($M)
12.France Frozen Potato Market Revenue, 2019-2024 ($M)
13.Italy Frozen Potato Market Revenue, 2019-2024 ($M)
14.Spain Frozen Potato Market Revenue, 2019-2024 ($M)
15.Rest of Europe Frozen Potato Market Revenue, 2019-2024 ($M)
16.China Frozen Potato Market Revenue, 2019-2024 ($M)
17.India Frozen Potato Market Revenue, 2019-2024 ($M)
18.Japan Frozen Potato Market Revenue, 2019-2024 ($M)
19.South Korea Frozen Potato Market Revenue, 2019-2024 ($M)
20.South Africa Frozen Potato Market Revenue, 2019-2024 ($M)
21.North America Frozen Potato By Application
22.South America Frozen Potato By Application
23.Europe Frozen Potato By Application
24.APAC Frozen Potato By Application
25.MENA Frozen Potato By Application
26.Mccain Food, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Lamb-Weston, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.J.R. Simplot Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Aviko, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Bart'S Potato Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Agrarfrost Gmbh Co. Kg, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Agristo Nv, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.H.J. Heinz Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Himalya International Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Taimei Potato Industry Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)