Dried potatoes market to reach USD 3.3B by 2027

GLOBAL – The dried potatoes market is set to expand significantly, with predictions indicating a market value of USD 3.3 billion by 2027 according to data from OpenPR.

The dried potatoes market is expected to grow at a compound annual growth rate (CAGR) of 3.5% over the forecast period, with the volume output anticipated to reach 9,675,519 metric tons (MT) by 2027.

The demand for dried potatoes is being fueled by the increasing popularity of convenience meals, the burgeoning food processing sector, and the growing consumption of processed potatoes.

Experts from OpenPR highlight that “dried potatoes are becoming a popular choice due to their versatility and ability to meet these criteria.”

Various advanced drying techniques, such as air drying, drum drying, spray drying, freeze drying, and vacuum drying, have enabled dried potatoes to be used in a wide range of ready-to-eat food products. This surge in demand for convenience foods is a key driver of the market’s growth.

The food processing industry’s strong expansion is a significant factor propelling the demand for dried potatoes.

These products allow consumers to enjoy tasty meals with minimal preparation time. The rising demand for processed meals, including meat products, functional flour, and snacks, has led to an increased need for dried potatoes.

Their long shelf life and versatility make them an essential component in many processed foods.

E-Commerce boosts processed potatoes market

Meanwhile, parallel to the dried potatoes market, the global processed potatoes market is also experiencing substantial growth.

Estimates suggest the market size will grow by USD 45 billion from 2024-2028, with a CAGR of over 5.34% during this period.

Technavio’s experts note that “the global processed potatoes market has experienced substantial growth in the last decade due to the rise of e-commerce.”

The online distribution channel allows customers to access a wide range of processed potato brands and multicultural products, particularly Asian flavors in potato chips and French fries.

E-commerce platforms, including brand-owned websites and pure-play merchants, offer vendors easy access to markets and increased reach.

Salt and Vinegar Potato Chips and BBQ Potato Chips are among the main products driving this market.

The rising popularity of online shopping and increasing Internet penetration are anticipated to continue propelling industry expansion.

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