Photo by Damir Mijailovic
Photo by Damir Mijailovic
Business Updates

Worldwide demand for Potato Flakes Accounts for a market valuation of US 7.2 billion dollars in 2023 - Latest Fact.MR Study

FoodTechBiz Desk

Potato flakes have a high food value owing to their composition, which contains minerals such as potassium and calcium, vitamin C, and carbohydrates. This nutrient-rich composition of potato flakes makes them a favorable choice for convenience food manufacturing and other food service applications. Potato starch, potato flour, mashed potato flakes, and dried potato flakes are expected to witness high demand than other products over the coming years.

Rising disposable income, changing consumer preferences, growing popularity of plant-based diets, increasing investments in research and development, growing use of advanced technologies in food processing, and rising adoption of organic farming practices are other aspects that could promulgate potato flake consumption across the forecast period.

What Market Prospects Await Potato Flake Manufacturers?

  • “High Demand for Convenience and Ready-to-eat Foods”

Ready-to-eat foods and convenience foods have witnessed a substantial hike in demand in recent years owing to changing lifestyle trends and consumer preferences across the world. The growing popularity of veganism has also resulted in increased demand for products such as potato flour, potato powder, sweet potato flakes, etc., which is projected to benefit overall market growth through 2033. Increasing the use of potato starch and potato flakes in the processing and manufacturing of convenience foods is also expected to boost potato flake sales throughout the forecast period.

  • “Business to Business (B2B) End Use to Account for High Sales”

Based on end use, the market for potato flakes is segmented into household, animal feed, and business-to-business (B2B).

Key Segments of Potato Flakes Industry Research:

  • By Sales Channel:

    Hypermarkets/Supermarkets

    Convenience Stores

    Traditional Grocery Stores

    Online Retailers

  • By Nature:

    Organic Potato Flakes

    Conventional Potato Flakes

  • By End Use:

    Household Use

    Business to Business (B2B)

    Food Service Industry

    Food Industry

    Soups & Premixes

    Bakery

    Snacks

    Frozen Foods

    Baby Food

    Meat Processing

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