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The frozen potato market has demonstrated robust growth, ascending from $62.68 billion in 2023 to $66.32 billion in 2024, boasting a compound annual growth rate (CAGR) of 5.8%. This expansion is attributed to shifting consumer lifestyles, the proliferation of fast-food establishments, globalization in the frozen potato sector, urbanization trends, and the escalating demand for convenience foods. Looking ahead, the market is poised to sustain its strong growth momentum, projected to reach $81.37 billion in 2028, with a CAGR of 5.2%. Driving factors include increasing urbanization, evolving consumer preferences, growing awareness regarding fresh produce’s health benefits, the popularity of fast-food chains, and the rising demand for convenience foods, including organic and non-GMO variants. Notable trends in the forecast period encompass the introduction of healthier and specialty options, the rise of plant-based alternatives, and a focus on sustainability and organic offerings.

The frozen potato market is on the brink of expansion, thanks to the thriving fast food industry, which caters to consumers’ need for quick meal and snack solutions. Frozen potatoes play a vital role in fast food due to their convenience, consistency, and extended shelf life compared to fresh alternatives. Notably, Budget Branders estimated in 2023 that the annual expenditure on fast food in the US alone is a staggering $200 billion, projected to reach $931.7 billion by 2027, with approximately 50 million Americans patronizing fast food daily. This symbiotic relationship between the fast food sector and the frozen potato market is undeniably propelling growth.

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What Are The Key Trends That Influence Frozen Potato Market Share Analysis?

Major companies in the frozen potato market are focusing on innovative potato products to meet consumer demands and explore new market opportunities. For example, in November 2022, Amul introduced a range of frozen potato products in India, including French fries and burger patties, diversifying its product offerings beyond traditional dairy products.

Which Market Players Are Driving Growth In The Frozen Potato Market?

Major companies operating in the frozen potato market report are Mondelez International Inc., The Kraft Heinz Company, General Mills Inc., J.R. Simplot Company, Lamb Weston Holdings Inc., Greenyard Group, Koninklijke Cosun U.A., Coöperatie Koninklijke Cosun U.A., The Hain Celestial Group, Inc., McCain Foods Limited, Farm Frites International B.V., Simplot Australia Pty Ltd., Cavendish Farms, Riviana Foods Inc., Alexia Foods , Aviko Holding B.V., Agristo N.V, Kronos Foods Corp, Keybrand Foods Inc., Bart’s Potato Company, Himalaya Food International Ltd., AGRARFROST GMBH & CO. KG, Pizzey Ingredients Ltd., 11er Nahrungsmittel GmbH, Bannisters’ Farm Ltd., Linwood Crops Ltd., Mainland Frozen Foods Ltd., Joy Wing Mau Agricultural Products Processing Factory

How Is The Global Frozen Potato Market Segmented?

The frozen potato market covered in this report is segmented –

1) By Products: Potato Fried, Potato Wedges, Stuffed Potatoes, Potato Slices, Potato Chunks, Potato Dices, Baked Potato, Other Products
2) By Distribution Channel: Business-To-Business (B2B), Business-To-Consumer (B2C)
3) By End-User: Commercial Use, Residential Use

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The Frozen Potato Global Market Report 2024 provides an overview of the frozen potato market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The frozen potato market forecast analyzes frozen potato market size, frozen potato market share, leading competitor and their market positions.

The Table Of Content For The Frozen Potato Market Include

1. Frozen Potato Market Executive Summary
2. Frozen Potato Market Segments
3. Frozen Potato Market Size And Template Market Growth Rate
4.  Key Frozen Potato Market Trends
5. Major Frozen Potato Market Drivers
……
25. Key Mergers And Acquisitions In The Frozen Potato Market
26. Top Frozen Potato Companies
27. Frozen Potato Market Opportunities And Strategies
28. Frozen Potato Market, Conclusions And Recommendations
29. Appendix

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