We have an updated report [Version - 2024] available. Kindly sign up to get the sample of the report.
all report title image
  • Published On : Sep 2017
  • Code : CMI725
  • Pages :150
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages

Potato Processing Market– Insights

Potato is a starchy root vegetable, which is mainly obtained from the plant Solanum tuberosum. Potato tuber is widely processed to get a variety of food products such as chips, fries, flakes, and other convenience food. Potato is also processed for its application as filler, binder, and adhesive by various end-use industries such as paper, textile, and pharmaceuticals. Furthermore, processed potato is used in animal feed and biofuels as well.  

Frozen potato segment, based on product type, is estimated to dominate the potato processing market in 2017. Frozen potato is widely used by various quick serve restaurants such as Subway, McDonald’s, and Burger King. Urbanization, modernization, growing population, and increased per capita spending also contribute to the growth of frozen potato segment. Fresh potato is the fastest growing segment by product type of the potato processing market. Fresh potatoes are further processed to get dehydrated potatoes. Dehydrated potatoes also has a significant market share in global potato processing market. Cull potato is used as animal feed for beef and dairy cattle as it is an excellent source of digestible proteins, carbohydrates, and amino acids. Production of bioethanol from potato peels is another growing application of potatoes. Potato starch can be used as an adhesive. Glue, animal feed, and biofuel are important applications of potatoes, which contribute to a significant market share.

The global potato processing market is estimated to be valued at US$ 2,327.3 million in 2017 and is expected to expand at a CAGR of 5.5% in terms of revenue during 2017– 2025.

Figure 1. Potato Processing Market Share by Application (Revenue) 2017

potato processing market

To learn more about this report, request a free sample copy

Source: Coherent Market Insights 2017

Processed food has emerged as the fastest growing application of potato processing market

Processed food segment is projected to be the fastest growing segment based on application in potato processing market between 2017 and 2025. The demand for processed food is rapidly increasing due to its advantages such as ease of handling, easy or no cooking, easy preservation, and ease of storage. Processed foods are highly preferred by the consumers as they provide convenient and affordable meal options. Increase in female literacy rate and thereby increase in population of working women is another important factor that drives the market of potato containing processed food.

Regional Insights

  • Europe is estimated to account for a major share in the market in terms of revenue in 2017 and is projected to continue its dominance throughout the forecast period. Europe experiences significant demand for high-quality and nutritious processed and convenience foods. Several key players are using innovative processing and packaging technologies to attract consumers. In Europe, major potato processing companies are investing heavily in their plants considering the huge demand for processed potato products. For instance, Aiko plans to invest US$ 210 million on its potato processing plant in 2017
  • North America is the second largest market for potato processing as potato containing processed foods are of high demand in this region owing to busy lifestyle of consumers, affordability, and taste. McCain Foods plans to invest US$ 200 million in 2017 on its potato processing plant in this region due to growing popularity of processed potato foods
  • Asia Pacific is projected to be the fastest growing market in terms of revenue owing to changing eating habits and improvement in the standard of living. Also, abundance of raw materials and cost competitiveness act as major growth drivers. According to India Brand Equity Foundation (IBEF), a trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India, the consumer spending on processed food will increase to US$ 3.6 trillion by 2020, which will augment potato processing market growth. Chinese food processing company, Xisen Potato Industry, along with Scottish potato experts from James Hutton Institute are going to establish a US$ 3.87 million potato laboratory in China during the next few years
  • Limited agricultural production owing to the nature of terrain, climate, and scarcity of water has resulted in the growth of processed food, thereby increasing the demand for potato processing market in the Middle East. Also, rapid industrial development and urbanization are expected to further propel the market growth in the region
  • Increasing population in Africa is a major driver for potato processing market. In April 2017, Switzerland-based food subsidiary, Kingdom Foods, has announced an investment of US$ 10 million in Kenya, to set up a potato processing factory. Such investments will in turn boost the potato processing market in Africa

Multinational Players

Some of the major players in the global potato processing market include Agrana Beteiligungs-AG, Agristo NV, Aviko B.V., Farm Frites International, Idahoan Foods, Intersnack Group GmbH & Co. Kg, J.R. Simplot Company, Lamb Weston Holdings, Leng-D'or, Limagrain Céréales Ingrédients, McCain Foods Limited, and The Kraft Heinz Company. Market players adopt inorganic strategies such as mergers & acquisitions to gain a competitive edge in the market. For instance, in August 2017, Lyckeby, a Sweden-based manufacturer of potato-based fiber and starch merged with Ingredion and Amazon acquired Whole Foods Market in the same period of time.

Frequently Asked Questions

The global potato processing market is estimated to surpass US$ 3,572.1 Million by 2025.

Major players operating in the global potato processing market include Agrana Beteiligungs-AG, Agristo NV, Aviko B.V., Farm Frites International, Idahoan Foods, Intersnack Group GmbH & Co. Kg, J.R. Simplot Company, Lamb Weston Holdings, Leng-D'or, Limagrain Céréales Ingrédients, McCain Foods Limited, and The Kraft Heinz Company.

Among application, processed food segment holds dominant position in the market.

Rising demand for processed potato for various applications such as processed food, animal feed, biofuel, and glue is one of the major factors that is expected to propel growth of the market over the forecast period.

The global potato processing market is estimated to exhibit a CAGR of 5.5% over the forecast period.

Among regions, Europe is estimated to hold dominant position in the market over the forecast period.

View Our Licence Options

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

Customize Now

Want to Buy a Report but have a Limited Budget?

We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail

Request Discount

Reliability and Reputation

DUNS Registered
DMCA Protected


Reliability and Reputation


Reliability and Reputation


Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo