According to newly published report by Transparency Market Research, titled 'Dried potatoes Market: Global Industry Analysis and Opportunity Assessment 2018-2027', the overall revenue generated from the global dried potatoes market is anticipated to be valued at somewhere around US$ 2,484.4 Mn in 2018, which is expected to rise at a CAGR of 3.5% throughout the forecast period (2018-2027).
Potatoes is one of the most popular dried vegetables usually popular as flakes and also consumed as snacks. According to FAO data, less than 50% of potatoes are consumed fresh and rest is processed to value-added products and dried potatoes. Dried potatoes have a plethora of applications in the food processing industry and food service industry and retail use. In the global dried potatoes market, North America accounts for the highest consumption of dried potatoes owing to factors like urbanization, increased working women population. In addition, North America also holds a major share in dried potatoes production. According to our research, it is estimated that North America holds 28.1% of value share in the global dried potatoes market over the forecast period. The increased presence of dried potatoes producers in developing economies has made the dried potatoes market more competitive by more convenient delivery of their products, innovative product launch, and global expansion, high quality certified products in the dried potatoes market. Some of the key players operating in the global dried potatoes market are Kiremko B.V., Naturex S.A., Olam International, Symrise AG, Mercer Foods, LLC. Limited, and others. Food manufacturers and food service providers are showing their keen interest in using dried potatoes, which is expected to fuel the demand for dried potatoes in the coming future.
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