Chicago, IL -- (SBWIRE) -- 09/14/2017 -- Processed potatoes are used in various applications such as snacks, convenience foods, ready-to-eat items, frozen foods, and many more. Processed potatoes also have a healthy form such as potato-based snacks with low carbs, low salt, and baked products. The potatoes are usually stored in cold conditions to preserve their shelf life and transported across the world. Due to busy schedules and hectic work life, convenience foods have become highly popular among the younger population, which is contributing towards the growth of the potato processing market. This report studies the current and future aspects of potato processing market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the potato processing market. The scope of this report covers the potato processing market by its major segments, which include the types, applications, and the major geographic regions.

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The potato processing market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Europe region holds the highest market share and is the largest revenue contributor of the potato processing market. The region is expected to continue growing at the same pace during the forecasted period because of the increase in food processing industries in major countries like U.K., Germany, and France. Next in line is the Asia-Pacific region which is rapidly gaining pace in the potato processing market due to increase in consumption of convenience food among the younger population. However, companies worldwide are facing a major challenge of coping with the demand and maintaining a year-round supply of the processed potatoes at reasonable prices. Companies are trying to merge together to face this challenge, which is creating newer growth opportunities for the potato processing market.

MARKET SEGMENTATION

This report analyzes the potato processing market by the following segments:

Potato Processing Market, by Type

1. Frozen
2. Chips & snack pellets
3. Dehydrated
4. Others

Potato Processing Market, by Distribution Channel

1. Foodservice
2. Retail

Potato Processing Market, by Application

1. Snacks
2. Ready-to-cook & prepared meals
3. Others

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