Dehydrated Potato Market Share, Size, Gross Margin, Trend, Future Demand, Analysis by Top Leading Player and Forecast Till 2027
The global Dehydrated Potato Market size is slated to touch USD 8.84 billion by 2026, exhibiting a CAGR of 6.83% during the forecast period. Growing awareness regarding the nutritional value of instant potatoes and their variants is expected to be one of the central Dehydrated Potato Market trends in the upcoming decade. Instant potatoes are emerging as a viable alternative to regular potatoes in a world where hectic lifestyles have become a norm, which is taking a heavy toll on physical health. The US Department of Agriculture recommends a weekly intake of 5 to 6 cups of natural starch.
Dehydrated potatoes can fulfill this bodily requirement,
delivering almost the same amount of nutrients like regular potatoes, except in
a more convenient and efficient manner. These foods also contain the three essential
macronutrients – carbohydrates, proteins, and fats – delivering the daily dose
of energy required by the human body to function. Moreover, according to the US
Agency for International Development, instant potato products such as potato
flakes are a good source of starch in cases of emergency. Thus, the instant
potato market stands to benefit as people become more aware of the healthy
properties of these products.
Fortune Business Insights™ shares this information and more in its
new report, titled “Dehydrated Potatoes Market Size, Share &
Industry Analysis, By Form (Flakes, Powder, Dices, Shreds, and Others), Nature
(Organic and Conventional), By Distribution Channel (Food Services and Retail
Channel), and Regional Forecasts, 2019 – 2026”. As per the report, the
value of this market stood at USD 5.23 billion in 2018.
The report also includes:
- In-depth
research into the factors driving and restraining the market;
- Piece-meal study
of all the possible segments of the market;
- Precise
computation of market values; and
- Comprehensive
analysis of the regional and competitive dynamics shaping the future of
the market.
Gathering Pace of Urbanization Worldwide to Escalate the Demand
for Ready-to-Eat Foods
The number of people living in urban areas is rising at a steady
pace all around the globe as a result of economic growth and development,
especially in developing nations. The UN’s Department of Social and Economic
Affairs predicts that Asian and African countries will account for around 90%
of the rise in the global urban population by 2050. The birth of
knowledge-based economies has created jobs in cities and metros that usually
require people to sit in one place and perform data collection and analysis
tasks on a daily basis.
Consequently, sedentary lifestyles have become commonplace and
lives have gotten faster, both of which are adversely affecting human health.
With little time to spare for cooking, consumer preference in urban areas is
increasingly shifting towards ready-to-eat products, such as dehydrated
potatoes, to meet the daily energy needs of the body.
Increasing Population to the Drive the Market in Asia-Pacific
Among regions, Asia-Pacific is forecasted to dominate the
Dehydrated Potato Market share in the coming decade owing to the rapidly rising
populations in India and China. These countries also have a steadily expanding
middle class that is actively consuming nutrition-laden processed foods.
Furthermore, China and India are some of the largest producers of potatoes in
the world, which will aid the instant potatoes market growth in the region.
Lastly, the large consumer base is attracting companies from developed nations
to establish themselves in this fledgling market, thereby accelerating the
Dehydrated Potato Market revenue during the forecast period.
Competitors to Focus on Upgrading Production Capacities and
Diversifying Operations
Major players are directing their investments towards enhancing
their production capabilities and expanding their operational range, according
to the instant potatoes market analysis. This would provide the companies with
a solid base for building their brand value in this market.
Browse Detail Market Insights with Table of Content, Tables, and
Figure:
https://www.fortunebusinessinsights.com/dehydrated-potato-market-102186
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