Product Code: A01823
The frozen potato market size was valued at $60,309.3 million in 2021 and is estimated to reach $92,709.9 million by 2031, registering a CAGR of 4.2% from 2021 to 2031.
The significant rise in purchasing power in China is driving a massive expansion of the Chinese market. The number of fast-food restaurants and coffee shops selling a variety of frozen products including frozen potato food items has rapidly increased in developing countries. In order to expand in Asia-Pacific and other developing regions, major fast-food businesses and hotel networks have made significant investments. Furthermore, Latin American markets such as in Brazil and Argentina are expanding quickly as consumer spending on upscale food items rises. Global demand for frozen potatoes is expanding as a result of a rise in fast food restaurants, an expansion of the world's capacity for food processing, rising disposable incomes, rapid urbanization, and decreased import and export taxes on frozen potatoes.
Growing health concerns in developed economies have increased consumer awareness of health and fitness. Fast food meal sales have fallen as a result of the increased incidence of childhood obesity in North America. This has led to consumers who are concerned about their health favoring fresh non-vegetarian items over frozen potato food, which is a key factor restricting the market's growth. It is anticipated that demand for healthy foods, such as yogurt, low-cholesterol desserts, fruits, vegetables, and organic high-fiber bread products is anticipated to rise in developed regions such as North America, which is likely to suppress the demand for frozen food items including frozen potato products.
Global per capita income has witnessed a healthy growth rate over the past few years, particularly in emerging economies. The increased purchasing power among consumers in these economies has led to higher demand for food, in general, and restaurant food, in particular. According to estimates, the per capita income in the next decade is expected to increase twice as fast in developing countries relative to developed countries. This has significant implications for the growth of the frozen potato industry in these markets. The surge in disposable incomes among individuals, particularly in developing economies, is expected to drive market growth. QSRs, often selling frozen potato products, are typically a relatively inexpensive source of away-from-home food, and therefore, frequently attract consumers with more restrictive budgets.
The frozen potato market is segmented into product type, end-user, and region. On the basis of product type, the market is categorized into French fries, hash brown, shapes, mashed, sweet potatoes/yam, battered/cooked, topped/stuffed, and others. By end user, it is bifurcated into residential and commercial. The commercial segment is further segregated into full-service restaurants, quick-service restaurants, and others. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia, the Netherlands, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, and rest of LAMEA)
The major players operating in the frozen potato industry are include: Agrarfrost GmbH & Co. KG. (Agrarfrost), Agristo NV (Agristo), Bart's Potato Company, Co-Operative Royal Cosun U.A. (Aviko B.V.), Farm Frites International B.V., Greenyard N.V., Himalya International Limited, J.R. Simplot Company, McCain Foods Limited, and Lamb Weston Holdings, Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the frozen potato market analysis from 2021 to 2031 to identify the prevailing frozen potato market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the frozen potato market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global frozen potato market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By End User
- Residential
- Commercial
- Sub-Type
- Full Service Restaurants
- Quick Service Restaurants
- Others
By Product Type
- French Fries
- Hash Brown
- Shapes
- Mashed
- Sweet Potatoes/Yam
- Battered/Cooked
- Topped/Stuffed
- Others
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of LAMEA
Key Market Players:
- Agristo NV (Agristo)
- Bart's Potato Company
- J.R. Simplot Company
- McCain Foods Limited
- Farm Frites International B.V.
- Greenyard N.V.
- Cosun
- Himalya International Limited
- Agrarfrost GmbH & Co. KG. (Agrarfrost)
- Lamb Weston Holdings, Inc.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increase in the number of quick-service restaurants
- 3.4.1.2. High disposable income of people
- 3.4.2. Restraints
- 3.4.2.1. Lack of storage and transport facility
- 3.4.2.2. High cost associated with frozen potato products
- 3.4.3. Opportunities
- 3.4.3.1. Growth in demand in emerging economies
- 3.4.3.2. The rapid growth of the retail sector
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: FROZEN POTATO MARKET, BY PRODUCT TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. French Fries
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Hash Brown
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Shapes
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Mashed
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
- 4.6. Sweet Potatoes/Yam
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
- 4.7. Battered/Cooked
- 4.7.1. Key market trends, growth factors and opportunities
- 4.7.2. Market size and forecast, by region
- 4.7.3. Market share analysis by country
- 4.8. Topped/Stuffed
- 4.8.1. Key market trends, growth factors and opportunities
- 4.8.2. Market size and forecast, by region
- 4.8.3. Market share analysis by country
- 4.9. Others
- 4.9.1. Key market trends, growth factors and opportunities
- 4.9.2. Market size and forecast, by region
- 4.9.3. Market share analysis by country
CHAPTER 5: FROZEN POTATO MARKET, BY END USER
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Residential
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Commercial
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.3.4. Commercial Frozen Potato Market by Sub-Type
- 5.3.4.1. Full Service Restaurants Market size and forecast, by region
- 5.3.4.2. Full Service Restaurants Market size and forecast, by country
- 5.3.4.3. Quick Service Restaurants Market size and forecast, by region
- 5.3.4.4. Quick Service Restaurants Market size and forecast, by country
- 5.3.4.5. Others Market size and forecast, by region
- 5.3.4.6. Others Market size and forecast, by country
CHAPTER 6: FROZEN POTATO MARKET, BY REGION
- 6.1. Overview
- 6.1.1. Market size and forecast By Region
- 6.2. North America
- 6.2.1. Key trends and opportunities
- 6.2.2. Market size and forecast, by Product Type
- 6.2.3. Market size and forecast, by End User
- 6.2.3.1. North America Commercial Frozen Potato Market by Sub-Type
- 6.2.4. Market size and forecast, by country
- 6.2.4.1. U.S.
- 6.2.4.1.1. Key market trends, growth factors and opportunities
- 6.2.4.1.2. Market size and forecast, by Product Type
- 6.2.4.1.3. Market size and forecast, by End User
- 6.2.4.1.3.1. U.S. Commercial Frozen Potato Market by Sub-Type
- 6.2.4.2. Canada
- 6.2.4.2.1. Key market trends, growth factors and opportunities
- 6.2.4.2.2. Market size and forecast, by Product Type
- 6.2.4.2.3. Market size and forecast, by End User
- 6.2.4.2.3.1. Canada Commercial Frozen Potato Market by Sub-Type
- 6.2.4.3. Mexico
- 6.2.4.3.1. Key market trends, growth factors and opportunities
- 6.2.4.3.2. Market size and forecast, by Product Type
- 6.2.4.3.3. Market size and forecast, by End User
- 6.2.4.3.3.1. Mexico Commercial Frozen Potato Market by Sub-Type
- 6.3. Europe
- 6.3.1. Key trends and opportunities
- 6.3.2. Market size and forecast, by Product Type
- 6.3.3. Market size and forecast, by End User
- 6.3.3.1. Europe Commercial Frozen Potato Market by Sub-Type
- 6.3.4. Market size and forecast, by country
- 6.3.4.1. UK
- 6.3.4.1.1. Key market trends, growth factors and opportunities
- 6.3.4.1.2. Market size and forecast, by Product Type
- 6.3.4.1.3. Market size and forecast, by End User
- 6.3.4.1.3.1. UK Commercial Frozen Potato Market by Sub-Type
- 6.3.4.2. Germany
- 6.3.4.2.1. Key market trends, growth factors and opportunities
- 6.3.4.2.2. Market size and forecast, by Product Type
- 6.3.4.2.3. Market size and forecast, by End User
- 6.3.4.2.3.1. Germany Commercial Frozen Potato Market by Sub-Type
- 6.3.4.3. France
- 6.3.4.3.1. Key market trends, growth factors and opportunities
- 6.3.4.3.2. Market size and forecast, by Product Type
- 6.3.4.3.3. Market size and forecast, by End User
- 6.3.4.3.3.1. France Commercial Frozen Potato Market by Sub-Type
- 6.3.4.4. Italy
- 6.3.4.4.1. Key market trends, growth factors and opportunities
- 6.3.4.4.2. Market size and forecast, by Product Type
- 6.3.4.4.3. Market size and forecast, by End User
- 6.3.4.4.3.1. Italy Commercial Frozen Potato Market by Sub-Type
- 6.3.4.5. Spain
- 6.3.4.5.1. Key market trends, growth factors and opportunities
- 6.3.4.5.2. Market size and forecast, by Product Type
- 6.3.4.5.3. Market size and forecast, by End User
- 6.3.4.5.3.1. Spain Commercial Frozen Potato Market by Sub-Type
- 6.3.4.6. Russia
- 6.3.4.6.1. Key market trends, growth factors and opportunities
- 6.3.4.6.2. Market size and forecast, by Product Type
- 6.3.4.6.3. Market size and forecast, by End User
- 6.3.4.6.3.1. Russia Commercial Frozen Potato Market by Sub-Type
- 6.3.4.7. Netherlands
- 6.3.4.7.1. Key market trends, growth factors and opportunities
- 6.3.4.7.2. Market size and forecast, by Product Type
- 6.3.4.7.3. Market size and forecast, by End User
- 6.3.4.7.3.1. Netherlands Commercial Frozen Potato Market by Sub-Type
- 6.3.4.8. Rest of Europe
- 6.3.4.8.1. Key market trends, growth factors and opportunities
- 6.3.4.8.2. Market size and forecast, by Product Type
- 6.3.4.8.3. Market size and forecast, by End User
- 6.3.4.8.3.1. Rest of Europe Commercial Frozen Potato Market by Sub-Type
- 6.4. Asia-Pacific
- 6.4.1. Key trends and opportunities
- 6.4.2. Market size and forecast, by Product Type
- 6.4.3. Market size and forecast, by End User
- 6.4.3.1. Asia-Pacific Commercial Frozen Potato Market by Sub-Type
- 6.4.4. Market size and forecast, by country
- 6.4.4.1. China
- 6.4.4.1.1. Key market trends, growth factors and opportunities
- 6.4.4.1.2. Market size and forecast, by Product Type
- 6.4.4.1.3. Market size and forecast, by End User
- 6.4.4.1.3.1. China Commercial Frozen Potato Market by Sub-Type
- 6.4.4.2. Japan
- 6.4.4.2.1. Key market trends, growth factors and opportunities
- 6.4.4.2.2. Market size and forecast, by Product Type
- 6.4.4.2.3. Market size and forecast, by End User
- 6.4.4.2.3.1. Japan Commercial Frozen Potato Market by Sub-Type
- 6.4.4.3. India
- 6.4.4.3.1. Key market trends, growth factors and opportunities
- 6.4.4.3.2. Market size and forecast, by Product Type
- 6.4.4.3.3. Market size and forecast, by End User
- 6.4.4.3.3.1. India Commercial Frozen Potato Market by Sub-Type
- 6.4.4.4. South Korea
- 6.4.4.4.1. Key market trends, growth factors and opportunities
- 6.4.4.4.2. Market size and forecast, by Product Type
- 6.4.4.4.3. Market size and forecast, by End User
- 6.4.4.4.3.1. South Korea Commercial Frozen Potato Market by Sub-Type
- 6.4.4.5. Australia
- 6.4.4.5.1. Key market trends, growth factors and opportunities
- 6.4.4.5.2. Market size and forecast, by Product Type
- 6.4.4.5.3. Market size and forecast, by End User
- 6.4.4.5.3.1. Australia Commercial Frozen Potato Market by Sub-Type
- 6.4.4.6. Thailand
- 6.4.4.6.1. Key market trends, growth factors and opportunities
- 6.4.4.6.2. Market size and forecast, by Product Type
- 6.4.4.6.3. Market size and forecast, by End User
- 6.4.4.6.3.1. Thailand Commercial Frozen Potato Market by Sub-Type
- 6.4.4.7. Rest of Asia-Pacific
- 6.4.4.7.1. Key market trends, growth factors and opportunities
- 6.4.4.7.2. Market size and forecast, by Product Type
- 6.4.4.7.3. Market size and forecast, by End User
- 6.4.4.7.3.1. Rest of Asia-Pacific Commercial Frozen Potato Market by Sub-Type
- 6.5. LAMEA
- 6.5.1. Key trends and opportunities
- 6.5.2. Market size and forecast, by Product Type
- 6.5.3. Market size and forecast, by End User
- 6.5.3.1. LAMEA Commercial Frozen Potato Market by Sub-Type
- 6.5.4. Market size and forecast, by country
- 6.5.4.1. Brazil
- 6.5.4.1.1. Key market trends, growth factors and opportunities
- 6.5.4.1.2. Market size and forecast, by Product Type
- 6.5.4.1.3. Market size and forecast, by End User
- 6.5.4.1.3.1. Brazil Commercial Frozen Potato Market by Sub-Type
- 6.5.4.2. South Africa
- 6.5.4.2.1. Key market trends, growth factors and opportunities
- 6.5.4.2.2. Market size and forecast, by Product Type
- 6.5.4.2.3. Market size and forecast, by End User
- 6.5.4.2.3.1. South Africa Commercial Frozen Potato Market by Sub-Type
- 6.5.4.3. Saudi Arabia
- 6.5.4.3.1. Key market trends, growth factors and opportunities
- 6.5.4.3.2. Market size and forecast, by Product Type
- 6.5.4.3.3. Market size and forecast, by End User
- 6.5.4.3.3.1. Saudi Arabia Commercial Frozen Potato Market by Sub-Type
- 6.5.4.4. UAE
- 6.5.4.4.1. Key market trends, growth factors and opportunities
- 6.5.4.4.2. Market size and forecast, by Product Type
- 6.5.4.4.3. Market size and forecast, by End User
- 6.5.4.4.3.1. UAE Commercial Frozen Potato Market by Sub-Type
- 6.5.4.5. Rest of LAMEA
- 6.5.4.5.1. Key market trends, growth factors and opportunities
- 6.5.4.5.2. Market size and forecast, by Product Type
- 6.5.4.5.3. Market size and forecast, by End User
- 6.5.4.5.3.1. Rest of LAMEA Commercial Frozen Potato Market by Sub-Type
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product Mapping of Top 10 Player
- 7.4. Competitive Dashboard
- 7.5. Competitive Heatmap
- 7.6. Top player positioning, 2021
CHAPTER 8: COMPANY PROFILES
- 8.1. Agrarfrost GmbH & Co. KG. (Agrarfrost)
- 8.1.1. Company overview
- 8.1.2. Key Executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.2. Agristo NV (Agristo)
- 8.2.1. Company overview
- 8.2.2. Key Executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.3. Bart's Potato Company
- 8.3.1. Company overview
- 8.3.2. Key Executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.4. Cosun
- 8.4.1. Company overview
- 8.4.2. Key Executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.5. Farm Frites International B.V.
- 8.5.1. Company overview
- 8.5.2. Key Executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.6. Greenyard N.V.
- 8.6.1. Company overview
- 8.6.2. Key Executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.6.6. Business performance
- 8.7. Himalya International Limited
- 8.7.1. Company overview
- 8.7.2. Key Executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
- 8.8. J.R. Simplot Company
- 8.8.1. Company overview
- 8.8.2. Key Executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.9. McCain Foods Limited
- 8.9.1. Company overview
- 8.9.2. Key Executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.10. Lamb Weston Holdings, Inc.
- 8.10.1. Company overview
- 8.10.2. Key Executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Business performance