The global sales of potato granules are expected to witness growth over the forecast period. On a global basis, the potato is the fourth most important world food crop. Potato as a portion of food is most important in the cooler regions of the world. Potato granules are great to thicken up soups, stews, and gravy items.
Many food manufacturers are increasingly using potato granules as food ingredients or additives. It is used as a thickening agent in a range of cuisines, including snacks, soups, curries, and other dishes Potato granules are added to bakery items such as biscuits, pancakes, bread, muffins, cookies to improve the texture and a softer mouth feel. Potato granules have the same consistency and texture as freshly made mashed potatoes.
It’s used in potato snacks, instant mashed potatoes, fish and meat coatings, breading, soups, sauces, and gravies, bakery items, and pet food. For both economy and consistency, potato granules are frequently the product of choice for hospitals, restaurants, schools, nursing homes, and other similar institutions.
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Manufacturers also get revenue from the waste produced in making potato granules are used as animal feeding due to these wastes contain high energy and low in protein.
The US and Canada Potato Granules Market
The US is one of the key markets for potato granules worldwide. Potato granules have increased exports in the last decade. The US is the fourth largest country in the world in potato production. The US is exporting potato granules to Canada, Japan, Mexico, and other Asia countries.
It is used in gluten free baked goods to improve the browning a color development. United States potato granules are in increased demand due to away-from-home food consumption, rapidly expanding fast-food sector, changing labor force composition.
In Canada, potato granules are used to make fresh French fries with the help of water at the ratio of 1:2.6. The consumption of French fries in this region is kept rising over the past decade. With the advantage that French fries can make at any time with potato granules, the consumption of potato granules is kept on-demand in Canada in the assessment period.
Europe Demand Outlook for Potato Granules Market
More potatoes are currently being processed in Europe to accommodate increased demand from the fast food, snack, and convenience food industries. In bakery products soups, sauces, ready-to-eat meals, and other processed food products, potato granules are used to increase the shelf life of products.
Potato granules are increasing in demand in Europe due to an increase in the consumption of bakery products. These are the key factors for increasing demand for potato granules in Europe in the assessment period.
Who are the Key Market Players in Potato Granules?
Some key manufacturers functioning in business in potato granules market includes
- Agra west
- RT French Company
- Idaho Pacific Corporation
- Mydibel
- Aviko
- Emsland Group
- Engel Food Solutions
- Solan S.A
- TaiMei Potato Industry Limited
- Prairie Gold Produce
- KMC
- Procordia Food
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Potato Granules Market: Market Segmentation
Based on Product:
- Organic Potato Granules
- conventional Potato Granules
Based on Application:
- Snacks
- Soups and Sauces
- Bakery products
- Potato Products
Based on Distribution Channel:
- Hypermarkets/Supermarkets
- Convenience Stores
- Online Retailers
- Specialty Stores
Based on Packaging:
- Retail Packaging
- Bulk Packaging
Based on the Region:
- North America
- U.S. and Canada
- Latin America
- Mexico, Brazil, Peru, Chile, and others
- Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
- Eastern Europe
- Poland and Russia
- Asia Pacific
- China, India, Japan, ASEAN, Australia, and New Zealand
- The Middle East and Africa
- GCC, Southern Africa, and North Africa.
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Potato Granules Market Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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