Home > Food & Beverages > Processed Food > Convenience Foods > Potato Processing Market

Potato Processing Market Trends

Report ID: GMI5654
Published Date: May 2023
Report Format: PDF

Download Free Sample

Potato Processing Market Trends

China Potato Production, 2018-2032 (Million Metric Tons)

The rising population in China and India has pushed potato processing in the APAC region. Increasing demand for processed potatoes, favorable climate & soil conditions, and supportive government policies in China are promoting the expansion of the potato industry. China is the leading producer of potatoes in the world. As per FAO, China produced 94 million tons of potatoes in 2021, followed by India with 54 million tons.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of potato processing was surpassed USD 35.5 billion in 2022 and is set to register 5.5% CAGR between 2023 and 2032, propelled by increased commercialization and shifting lifestyle trends, particularly in developing economies.

The frozen potato segment will grow at 4.5% CAGR from 2023 to 2032, as a result of increasing demand from the food service industry to produce frozen potato products including French fries, hash brown, wedges, mashed potato, and more.

The snacks application segment exceeded USD 18 billion in 2022, owing to increasing demand for convenient and portable snack options.

The Europe potato processing market size crossed USD 9.5 billion in 2022, attributed to the expansion of food service businesses including restaurants, fast-food chains, and other food outlets in the region.