A new report by Expert Market Research titled, ‘Global Frozen Potato Products Market Share, Size, Trend, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global frozen potato products market, assessing the market based on its segments like type, end-use, distribution channel, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
According to the report, the growing popularity of quick service restaurants (QSRs) in both developing and developed countries is driving the global frozen potato market. Burger King, McDonald’s, Dunkin’ Donuts, and others are among the top QSRs contributing to the frozen potato market’s rise. The rise in disposable income of people in emerging countries, as well as the increase in urbanization, are further drivers driving the industry.
The growing demand for frozen potatoes and related foods in developing countries is predicted to give several chances for the worldwide frozen potato market to grow.
In the past, North America and Europe dominated the business, and they are anticipated to continue to do so in the future. The increased use of potato-based goods and frozen foods in the regions can be related to this. The Asia-Pacific area is likely to become one of the most profitable frozen potato marketplaces in the near future. Because of the increasing number of fast-food restaurants (QSRs) in the region, the frozen potato industry in the Asia Pacific is booming.
Source: Expert Market Research (EIN). Read the full press release here
Photo: Credit Pexels from Pixabay
