Dried Potatoes are made by removing the water and moisture content from potatoes in order to extend their shelf life for use in packaged and processed foods. Organically derived potatoes are in high demand over conventional potatoes due to rise in customer demand for organic products. The product is utilized in sauces, soups, and gravies in dry flour form due to its thickening properties. Dried potatoes in the form of slices are commonly used in the food and beverage industry for chip manufacture, soup cubes, and mashed potato flakes. Along with its expanded use in packaged baking mixtures, the product is utilized in packaged food items and dry food processing.
COVID-19 Impact Analysis
- Dried potato manufacturers were affected by the growth in agricultural raw material and packaging material costs, on top of dealing with these challenges.
- Key sales channels such as department stores and recreational facilities (cinemas, amusement parks, zoos, and swimming pools) were closed owing to lockdown restrictions, corporations reported a drop in revenues at the start of the year.
- Companies have reported significant increases in human expenditures as a result of the corona pandemic, owing to heightened workplace safety measures, employee coronavirus testing, and higher absence due to illnesses, quarantine, and childcare.
Top Impacting Factors
- The increased demand for organic food products is expected to boost the target market's growth.
- Robust expansion in the food processing industry has boosted demand for dried potatoes due to its various uses in processed foods. Consumers can now enjoy flavorful and delectable food that takes less time to prepare, thanks to dried potatoes. Dried potatoes are in high demand due to surge in demand for processed goods such as snacks, functional flour, and meat products.
- Consumers now choose gluten-free diets due to a variety of health problems, according to a recent trend noticed in the target market.
- Consumers' GHDI (Gross Household Disposable Income) has increased, and expanding urbanization has increased their spending on processed and ready-to-eat foods.
Market Trends
Veganism is being Followed by a Huge Number of People
Consumer demand for gluten-free, whole-grain, and high-fiber foods drives growth in the baking industry. Due to its use as a binding agent, the product has gluten-free qualities in bakery items. The product is commonly utilized in muffins and breads due to its capacity to give a desired crumbly texture and gluten-free baked product. As it contains potassium, iron, vitamin C, and fiber, the product has a high nutritional value, making it ideal for use in healthy baked goods. The bakery business is predicted to develop significantly due to an increase in the number of cafes, which has increased demand for baked goods. Consumer concerns about their health have increased demand for organic ingredients in baked goods, which are expected to drive the dried potatoes market outlook. The dried potato market is expected to rise significantly during the forecast period due to rise in demand for baked items in the region.
The dried potatoes market is expected to be driven by a growth in working population and increased demand for ready-to-eat items. The regional market for dried potatoes is anticipated to develop as disposable income rises and demand for healthful ready-to-eat foods grows.
Rise in Demand for Packaged Snacks and Comfort Foods
One of the primary factors that fuel the target market's growth is the growing demand for convenience foods among the working population. Manufacturers are being influenced by change in consumption patterns to offer a variety of food goods, including dried potatoes, which have fueled the target market's growth. According to data given by the United Nations' Food and Agriculture Organization (FAO), over half of all potatoes are processed into dried potatoes and other value-added goods. Another aspect is the rise in consumption of dried potatoes, which is due to their use in a variety of cuisines and recipes, as well as their binding and thickening properties.The demand for ready-to-eat (RTE) food products has increased, which is a primary driver for dehydrated potatoes.
The need for dehydrated potatoes is expected to increase as the demand for these foods grows.
Key Benefits of the Report
- This study presents the analytical depiction of the dried potatoes industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the dried potatoes market share.
- The current market is quantitatively analyzed to highlight the dried potatoes market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed dried potatoes market analysis based on competitive intensity and how the competition will take shape in coming years
Questions Answered in the Dried Potatoes Market Research Report
- Which are the leading players active in the dried potatoes market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
- What is "dried potatoes market" prediction in the future?
- Which will be the niches at which players profiling with recent advancements should set a presence?
- What are the driving factors and opportunities in the market?
- What are the current trends and predicted trends?
- What are the challenges faced in the "dried potatoes market"
Dried Potatoes Market Report Highlights
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Key Market Players | Linquan Hengda Food,, AvikoTaiMei Potato,, Engel Food Solutions,, Conagra Foods,, Idaho Pacific,, McCain Foods,, Linyi Zhongli Food,, Mydibel,, Procordia Food,, Lamb Weston, Solan SA,, Bob’s Red Mill and ,, Emsland Group, |
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