Global Potato Processing Market

The Global Potato Processing Market was valued at USD 51.76 Billion in 2021, and it is expected to reach a value of USD 72.34 Billion by 2028, at a CAGR of 4.90 % over the forecast period (2022-2028).

 

The Global Potato Processing Market was valued at USD 51.76 Billion in 2021, and it is expected to reach a value of USD 72.34 Billion by 2028, at a CAGR of 4.90 % over the forecast period (2022-2028).

Potato processing involves several methods to produce desired end products. Potato processing plants are specially designed and equipped with tools and devices such as enzyme reactors, potato coolers, heating equipment, potato washers, and others. The Asian potato processing industry is experiencing rapid growth because of rising potato production in major emerging economies. The increase in the number of potato processing plants across developed economies, combined with increased interest from global market players in developing economies (with higher potato producing capacities), is expected to have a significant impact on the Global Potato Processing Market during the forecast years.

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Top Players Company Profiles

  • The Kraft Heinz Company (US)
  • McCain Foods Limited (US)
  • J.R. Simplot Company (US)
  • Farm Frites International B.V. (Netherlands)
  • AGRANA Beteiligungs-AG (Austria)
  • J.R. Short Milling Company (US)
  • Idahoan Foods LLC (US)

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Recent Developments

  • In February 2022, Kraft Heinz joint ventured with NotCo for plant-based products.
  • In July 2021, Lamb Weston Holdings, Inc. announced a capacity increase in French fry processing at its American Falls, Idaho facility. As a result, they hope to produce more than USD 1,050 million of frozen french fries and other potato products per year. The new line is expected to be completed by the middle of 2023, creating approximately 130 new jobs.
  • In February 2021, Aviko completed its acquisition of the majority stake in the Bavarian family business Amberger. As a result, Aviko invests in further strengthening its position in the German and Austrian foodservice markets. The acquisition includes the Oberdolling production site, the regional brand Feldmühle, and a premium range of German potato products.

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