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Dehydrated Potato Market to Grow at a CAGR of 6.80% During the Forecast Period (2023 and 2032)

Dec 13, 2023 7:22 PM ET

Dehydrated Potato Market to Grow at a CAGR of 6.80% During the Forecast Period (2023 and 2032)

Market Overview

Market value for dehydrated potatoes was estimated at USD 5.8 billion in 2022. The market for dehydrated potatoes market is expected to expand at a compound annual growth rate (CAGR) of 6.80% between 2023 and 2032, from USD 6.2 billion in 2023 to USD 10.5 billion. Increasing demand for ready-to-eat products and expanding applications in the processed food industry are the main factors propelling the market’s expansion.

Convenience foods may make food duties, such as meal preparation, cooking, and cleanup, simpler and faster for customers. Growing consumer gross household disposable income (GHDI) and rapid urbanisation have led to a rise in the purchase of processed and ready-to-eat foods. The COVID-19 pandemic, longer working hours, improved lifestyles, and shifting consumer tastes all contributed to an increase in the use of convenience food. As a result, there is a rise in demand for certain dietary items. Consequently, producers of potato products take part in a range of business ventures that support market growth.

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The sector has grown significantly as a result of a rise in demand for their usage in baked goods, soups, sauces, and other processed food products. These dried potatoes are beneficial in cooking because of their attributes. Dehydrated potato flakes or granules, for example, work well as a base thickener for preparing soups and gravies.

These potatoes can be used in lieu of gluten-containing foods for those with celiac disease or other gluten-related conditions.

Divide Up

Form-based market segmentation for dehydrated potatoes comprises flakes, powder, dices, shreds, and other variations. The powder category led the worldwide market in 2022.

Organic and conventional are included in the market segmentation of dehydrated potatoes based on nature. In 2022, the worldwide market was led by the conventional category.

Food services and retail channels are included in the segmentation of the dehydrated potato market depending on the distribution channel. In 2022, the dehydrated potato market was led by the food services segment.

Regional Analysis 

The report offers market information for North America, Europe, Asia-Pacific, and the rest of the world, broken down by region. In 2022, the dehydrated potato market in Asia Pacific held a 45.80% market share. Producers of fast potatoes expect significant contributions from this region. It is anticipated that China and India would have the largest market shares in the region. Potatoes are grown as a major vegetable in many countries and are planted for both food staples and income, especially for farmers in steep areas with poor soil. Potato flakes that have been desiccated are utilised as a snacking element in commercial mashed potato products, while potato flour is used to bind meat mixtures and thicken gravies and soups. The growing use of potato starch as a binding element in dough and as a thickening agent for sauces and stews is driving up demand for the product in the area.

Major players in the Dehydrated Potato market, including

McCain Foods,

Basic American Foods,

Lamb Weston,

Idahoan Foods,

Pacific Valley Foods,

Augason Farms,

Idaho Supreme Potatoes,

Birkamidon,

Rohstoffhandels GmbH,

J.R. Short Milling,

Rixona B.V.

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COVID-19 Analysis 

The Covid-19 epidemic in 2020 increased demand for contact-free biometric services at airports because they provide identity and verification without any physical touch. Contactless biometric services provide quick and accurate identification while limiting exposure. Additionally, the pandemic has compelled airport management to implement contactless thermal checking biometric equipment to monitor passenger admission by measuring body temperature. Throughout the projected period, it is anticipated that the contactless airport biometric services industry will continue to rise. Airports all around the world are quickly implementing contactless biometric services including face recognition, voice recognition, & 3D advanced fingerprint recognition.

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