Asia Pacific Potato Processing Market Introduction and Overview
According to SPER Market Research, the Asia Pacific Potato Processing Market is estimated to reach USD 26,580.30 million by 2033 with a CAGR 5.51%.
The report includes an in-depth analysis of the Asia Pacific Potato Processing Market, including market size and trends, product mix, distribution channels, and supplier analysis. Potato processing employs a wide range of processes to get the desired end product. This process is usually carried out in specialised potato processing plants that are outfitted with a variety of instruments and machinery. Fresh potatoes are typically cleaned, peeled, washed, sliced, and blanched before being processed into french fries, chips, flakes, and starch. Households, quick food chains, and restaurants employ processed potato goods since they are already partially prepared, saving time when preparing dishes like french fries, soups, salads, and potato snacks. Many end-user industries employ processed potatoes in a range of applications, including snacking, ready-to-cook foods, baking, and foodservice.
- In March 2023, The Kraft Heinz Company and BEES announced an expansion of their relationship to improve the B2B business. The goal is to create around 1 million new potential points of sale in Latin America (LATAM), primarily in Mexico, Colombia, and Peru. The new arrangement in the LATAM region is intended to help Kraft Heinz fulfil its Emerging Markets strategy by increasing its distribution channels and offering more items to regional retailers.
- The remaining equity interests in Lamb Weston Holdings Inc.'s European joint venture with Meijer Frozen Foods B.V. were entirely acquired as of February 2023, according to a statement from the firm. 1,952,421 shares of Lamb Weston common stock and €525 million in cash made up the total purchase amount, subject to certain modifications. The Company announced its goal to purchase a portion of the business in October 2022. Through this acquisition, the business has gained new customers and increased its competitiveness in the market.
Market Opportunities and Challenges
Opportunities: The Asia-Pacific potato processing market is rapidly expanding as a result of technological advancements in the industry. Technological developments in processing have enabled potato processing enterprises to increase efficiency, reduce waste, and develop new and innovative products such as flavoured fries. Furthermore, technical advancements have enhanced product quality control for potato processors, allowing them to ensure that each batch of potatoes is processed uniformly while adhering to strict quality and safety standards. Furthermore, continuous research & development into processed potato quality assessments and processing control are projected to generate opportunities for market growth in the future.
Challenges: High storage and shipping costs, as well as high disease-related consumption, are projected to limit market growth. The high cost of storing and transporting processed potatoes, combined with health concerns about processed food intake, are projected to limit the potato processing market's growth in the predicted years. Furthermore, Consumption of potato chips has been related to conditions such as hypertension, cardiovascular disease, and cancer. Furthermore, high consumption of fried potato products raises the chance of developing illnesses including stroke and obesity. A study of 4,440 persons aged 45 to 79 found that those who ate fried potatoes two or more times a week had double the chance of dying young against those who did not consume fried potatoes.
Market Competitive Landscape
The Asia-Pacific potato processing industry competitive landscape contains information about competitors. Company overview, financials, revenue generated, market potential, investment in R&D, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, trial pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The preceding data elements are only relevant to the companies' emphasis on the Asia-Pacific potato processing market. Lamb Weston, Inc, Lutosa, Idahoan Foods, LLC, AGRANA Beteiligungs-AG, Alexia Foods, Farm Frites, HyFun Foods, J.R. Simplot Company, 11er Nahrungsmittel GmbH, Bem Brasil Alimentos, Cavendish Farms, Agrarfrost GmbH & Co KG, McCain Foods Limited, Aviko, MASH DIRECT, J.R. Short Snack Products, Bart's Potato Company, The Kraft Heinz Company, and others are among the major players in the Asia-Pacific potato processing market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Category, By Type, By Shape, By Packaging, By Application, By End User
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| Regions covered | China, Japan, India, South Korea, Australia, Indonesia, Others
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| Companies Covered | Lamb Weston Inc, Lutosa, Idahoan Foods, LLC, AGRANA Beteiligungs-AG, Alexia Foods, Farm Frites, HyFun Foods, J.R. Simplot Company, 11er Nahrungsmittel GmbH, Bem Brasil Alimentos, Cavendish Farms, Agrarfrost GmbH & Co KG, McCain Foods Limited, Aviko, MASH DIRECT.
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COVID-19 Impact on Asia Pacific Potato Processing Market
Strict lockdowns and travel restrictions during the COVID-19 pandemic had a detrimental effect on the expansion of the potato processing sector. This reduced the market demand for potato chips, French fries, and other frozen potato goods. But because of their convenience and extended shelf life, packaged and processed foods are becoming more and more popular in grocery stores and supermarkets, which has increased demand for frozen potatoes and helped to offset losses in the food service industry.
Key Target Audience:
- Snack Manufacturers
- Foodservice Industry
- Retail Consumers
- Quick Service Restaurants (QSRs)
- Health-conscious Consumers
- Exporters and Importers
- Institutional Buyers (e.g., schools, hospitals)
- Frozen Food Industry
Our in-depth analysis of the Asia Pacific Potato Processing Market includes the following segments:
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By Category:
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Organic
Inorganic
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By Type:
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Frozen
Dried
Others
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By Packaging:
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Pouches
Cans
Cardboard Boxes
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By Application:
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Snacks Industry
Baby Food
Ready-To-Cook & Prepared Meals
Toppings and Spreads
Dough Mixtures
Bakery Products
Others
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By End User:
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Retail/Household
Food Service Sector
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Key Topics Covered in the Report:
- Asia Pacific Potato Processing Market Size (FY’2024-FY’2033)
- Overview of Asia Pacific Potato Processing Market
- Segmentation of Asia Pacific Potato Processing Market By Category (Organic, Inorganic)
- Segmentation of Asia Pacific Potato Processing Market By Type (Frozen, Dried, Others)
- Segmentation of Asia Pacific Potato Processing Market By Shape (Round, Shreds, Dice, Wedges, Tater Drums, Others)
- Segmentation of Asia Pacific Potato Processing Market By Packaging (Pouches, Cans, Cardboard Boxes)
- Segmentation of Asia Pacific Potato Processing Market By Application (Snacks Industry, Baby Food, Ready-To-Cook & Prepared Meals, Toppings and Spreads, Dough Mixtures, Bakery Products, Others)
- Segmentation of Asia Pacific Potato Processing Market By End User (Retail/Household, Food Service Sector)
- Statistical Snap of Asia Pacific Potato Processing Market
- Expansion Analysis of Asia Pacific Potato Processing Market
- Problems and Obstacles in Asia Pacific Potato Processing Market
- Competitive Landscape in the Asia Pacific Potato Processing Market
- Impact of COVID-19 and Demonetization on Asia Pacific Potato Processing Market
- Details on Current Investment in Asia Pacific Potato Processing Market
- Competitive Analysis of Asia Pacific Potato Processing Market
- Prominent Players in the Asia Pacific Potato Processing Market
- SWOT Analysis of Asia Pacific Potato Processing Market
- Asia Pacific Potato Processing Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Asia Pacific Potato Processing Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia Pacific Potato Processing Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia Pacific Potato Processing Market
7. Asia Pacific Potato Processing Market, By Category (USD Million) 2020-2033
7.1. Asia Pacific Potato Processing Market Size, Share and Forecast, By Category, 2020-2026
7.2. Asia Pacific Potato Processing Market Size, Share and Forecast, By Category, 2027-2033
7.3. Organic
7.4. Inorganic
8. Asia Pacific Potato Processing Market, By Type (USD Million) 2020-2033
8.1. Asia Pacific Potato Processing Market Size, Share and Forecast, By Type, 2020-2026
8.2. Asia Pacific Potato Processing Market Size, Share and Forecast, By Type, 2027-2033
8.3. Frozen
8.4. Dried
8.5. Others
9. Asia Pacific Potato Processing Market, By Shape (USD Million) 2020-2033
9.1. Asia Pacific Potato Processing Market Size, Share and Forecast, By Shape, 2020-2026
9.2. Asia Pacific Potato Processing Market Size, Share and Forecast, By Shape, 2027-2033
9.3. Round
9.4. Shreds
9.5. Dice
9.6. Wedges
9.7. Tater Drums
9.8. Others
10. Asia Pacific Potato Processing Market, By Packaging (USD Million) 2020-2033
10.1. Asia Pacific Potato Processing Market Size, Share and Forecast, By Packaging, 2020-2026
10.2. Asia Pacific Potato Processing Market Size, Share and Forecast, By Packaging, 2027-2033
10.3. Pouches
10.4. Cans
10.5. Cardboard Boxes
11. Asia Pacific Potato Processing Market, By Application (USD Million) 2020-2033
11.1. Asia Pacific Potato Processing Market Size, Share and Forecast, By Application, 2020-2026
11.2. Asia Pacific Potato Processing Market Size, Share and Forecast, By Application, 2027-2033
11.3. Snacks Industry
11.4. Baby Food
11.5. Ready-To-Cook & Prepared Meals
11.6. Toppings and Spreads
11.7. Dough Mixtures
11.8. Bakery Products
11.9. Others
12. Asia Pacific Potato Processing Market, By End User (USD Million) 2020-2033
12.1. Asia Pacific Potato Processing Market Size, Share and Forecast, By End User, 2020-2026
12.2. Asia Pacific Potato Processing Market Size, Share and Forecast, By End User, 2027-2033
12.3. Retail/Household
12.4. Food Service Sector
13. Asia Pacific Potato Processing Market Forecast, 2020-2033 (USD Million)
13.1. Asia Pacific Potato Processing Market Size and Market Share
14. Asia Pacific Potato Processing Market, By Region, 2020-2033 (USD Million)
14.1. Asia Pacific Potato Processing Market Size and Market Share By Region (2020-2026)
14.2. Asia Pacific Potato Processing Market Size and Market Share By Region (2027-2033)
14.3. China
14.4. Japan
14.5. India
14.6. South Korea
14.7. Australia
14.8. Indonesia
14.9. Others
15. Company Profile
15.1. Lamb Weston, Inc
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Lutosa
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Idahoan Foods, LLC
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. AGRANA Beteiligungs-AG
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Alexia Foods
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Farm Frites
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. HyFun Foods
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. J.R. Simplot Company
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. 11er Nahrungsmittel GmbH
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. Bem Brasil Alimentos
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Cavendish Farms
15.11.1. Company details
15.11.2. Financial outlook
15.11.3. Product summary
15.11.4. Recent developments
15.12. Agrarfrost GmbH & Co. KG
15.12.1. Company details
15.12.2. Financial outlook
15.12.3. Product summary
15.12.4. Recent developments
15.13. McCain Foods Limited
15.13.1. Company details
15.13.2. Financial outlook
15.13.3. Product summary
15.13.4. Recent developments
15.14. Aviko
15.14.1. Company details
15.14.2. Financial outlook
15.14.3. Product summary
15.14.4. Recent developments
15.15. MASH DIRECT
15.15.1. Company details
15.15.2. Financial outlook
15.15.3. Product summary
15.15.4. Recent developments
15.16. Others
16. Conclusion
17. Reference Links
18. List of Abbreviations