Frozen Potato Market to be Valued at US$ 60 Bn at 2022
The global frozen potato market is forecasted to register healthy growth during the assessment period (2017 to 2022), according to a new market study by XploreMR. The growth of the market is predominantly attributed to factors such as the increasing number of quick service restaurants, rising levels of disposable income of consumers, and increasing preference for ready-to-eat foods due to hectic lifestyles.
Furthermore, manufacturers are focusing on incorporating advanced technology for refrigeration at the right temperature to speed up the production process and to preserve frozen potatoes for extended periods of time. Market players are also introducing novel products and distinct flavors to gain a loyal consumer base and stay ahead of their competitors.
On these lines, the penetration of advanced refrigeration technology is bolstering the growth of the frozen potato market. Backed by the aforementioned factors, the global frozen potato market is projected to bring in a revenue of US$ 60 Bn by 2022, progressing at a CAGR of 4% through the forecast period.
With the popularity of western style cuisine, frozen potato products are being consumed on a large scale worldwide. Fast food industry is also growing rapidly, hence manufacturers are providing frozen potatoes in various shapes and size such as french fries. Manufacturers are also investing into research and development new technologies that can help to keep frozen potatoes fresh for a long time. This report, published by XploreMR, provides in-depth analysis of the global frozen potato market for the forecast period 2017-2022, and offers key insights about future market direction.
The scope of XploreMR’s report is to analyze the global frozen potato market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Frozen potato manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to frozen potato.
Frozen Potato Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2022Buy Now
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