Potato Processing Market Analysis Report, Share, Trends and Overview 2021-2028

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Potato Processing Market
Potato Processing Market

Another name for the potato is Solanum tuberosum. The starchy, tuberous crop known as the potato comes from the perennial nightshade. One of the principal food crops grown worldwide is the potato, which is indigenous to the Peruvian-Bolivian Andes. There are numerous uses for potatoes. It is not just used as a vegetable in domestic cookery.

According to product type, the frozen potato segment is anticipated to rule the Potato Processing Market in 2017. Many quick serve restaurants, like Subway, McDonald's, and Burger King, frequently employ frozen potatoes. Increased per capita spending, urbanisation, modernization, population growth, and urbanisation all support the expansion of the frozen potato market.

Potato culinary products and food ingredients are created by processing. Every year, more than 50% of potatoes are utilised to make processed potato goods. Animal feed, food ingredients, potato starch, dehydrated potato flakes, french fries, and as a starch source for vodka or alcohol manufacture are all included.

The estimated value of the global Potato Processing Market in 2017 was US$ 2,327.3 million, and from 2017 to 2025, revenue is projected to increase at a CAGR of 5.5%.

Another expanding use for potatoes is the production of bioethanol from potato peels. You can use potato starch as an adhesive. Potatoes are used in numerous products, including glue, animal feed, and biofuel, which together account for a considerable market share.

By product type, the Potato Processing Market fresh potato segment is expanding at the quickest rate. Dehydrated potatoes are created by further processing fresh potatoes. In the worldwide potato processing business, dehydrated potatoes also hold a sizeable market share. Since the cull potato is a superior source of easily absorbed proteins, carbs, and amino acids, it is used as animal feed for dairy and beef cattle.

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