The Global Mashed Potatoes Market Size was evaluated at $9.1 Billion in 2022 and is slated to hit $16.1 Billion by the end of 2030 with a CAGR of nearly 7.2% between 2023 and 2030.
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➤ The global pureed potato market is expected to experience rapid growth due to the high demand for natural and organic diets.
The global market trends are driven by the convenience of mashed potatoes, as well as their high nutritive value and superior taste. In addition, the global mashed potato market will expand in the coming years due to the increasing popularity of natural and organic food products and flavored flavors. Mashed potatoes are in high demand due to the necessity of reducing heating time. Mashed potatoes have garnered immense demand as the most superior food alternative worldwide due to their substantial fat content and high calorie content.
➤ The global industry’s development may be hindered by the increase in fertilizer costs during the forecast period.
Many developing and underdeveloped economies are currently grappling with issues such as the swiftly increasing costs of fertilizers. This may lead to a decrease in the scale of the global industry. Furthermore, the global pureed potato industry has been further impeded by the increased construction of residential and commercial structures, which has resulted in a decrease in the availability of arable land as a result of the population growth.
➤ New development opportunities for the global industry are being generated by the increasing preference for the product among health-conscious customers…
The global mashed potato industry will experience new growth opportunities as a result of the increasing demand for organic and natural food items, the demand for ready-to-eat food products, and the popularity of flavored flavors. The global industry will be presented with new opportunities as a result of the increasing demand for products from health-conscious consumers. Additionally, the market will be presented with lucrative opportunities for expansion on a global scale as a result of the increase in the consumption of refrigerated and packaged food products and the increase in restaurant dining.
➤ The global market is expected to face a significant challenge due to the increasing costs of primary components.
A significant challenge to the market’s development has been posed by the escalating costs of raw materials and the challenges associated with the transportation of raw components as a result of wars and natural disasters, such as floods and earthquakes.
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The Global Mashed Potatoes Market is segmented based on product, application and region
Global Mashed Potatoes Market: Product Segment Analysis
● Powder
● Solid
Global Mashed Potatoes Market: Application Segment Analysis
● Food Ingredient
● Culinary
● Food Product
● Snacks
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The global Mashed Potatoes market profiles key players such as:
● Bem Brasil Alimentos LTDA
● Agrarfrost Holding GmbH & Co. KG
● Casa Milo
● Idahoan Foods LLC
● Agristo Masa Pvt Ltd
● Knorr
● Hormel Foods Corporation
● McCain Foods Limited
● Pomuni aardappelleverancier
● Pineland Farms Potato Company Inc
● Hungry Jack Potatoes
● Simply Potatoes
● Iscon Balaji Foods
● Lamb Weston Holdings Inc
???? Recent Developments
• Idahoan Foods, LLC, a prominent participant in the mashed potato industry, introduced chicken broth-flavored mashed potatoes in August 2022. According to reports, the new product is a supplement to the sixteen-variety line of flavored pureed products. The action is intended to meet the demand for at-home cooking food among the U.S. population and provide consumers with essential food products.
• Mash Direct, an Irish farm, introduced the world’s first mashed potato Easter egg in April 2022. The new food product is purportedly composed of potato varieties that are cultivated on the family property in Northern Ireland. For the record, the new culinary product is available for purchase at specific retail stores for £10 for a limited time. The action will increase the demand for mashed potatoes in Ireland and will enable the mashed potato market to investigate new opportunities for growth throughout Europe.
➤ Throughout the forecast period, the European mashed potato market is expected to preserve its regional market dominance.
The pureed potatoes market in Europe, which experienced prosperous growth in 2022, is expected to maintain a significant market share in the forecasting years. The regional market’s expansion in 2023-2030 may be contingent upon the widespread adoption of regional cuisine, which includes salads and mashed potatoes as a dressing. The mashed foods market in Europe will experience new development opportunities as a result of the increasing prevalence of vegan diets in countries such as Germany, the UK, Sweden, Austria, and Ireland.
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