Overview
Potato is a standout amongst the most critical crops, consumed in new or prepared structures comprehensively. It is being produced in around 125 countries and in excess of a billion people expend it day by day. Some expend crisp potatoes and some devour it in handled structures. To look after cleanliness, potatoes are put away at to a great degree low temperature. Frozen potato-based items are being utilized as a part of restaurants, fast food outlets, small and large-scale stores and others, in relatively all aspects of the world.
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Major Factors
The global frozen potato showcase is fundamentally determined by the extending business of quick service restaurants (QSRs) in the creating and the created countries. A portion of the most astounding QSRs adding to the development of frozen potato showcase incorporate McDonald's, Burger King, Dunkin' Donuts, Subway, and the sky is the limit from there. Different components driving the market are an ascent in extra cash of individuals in the rising countries and increment in urbanization. French fries are the most broadly consumed frozen potato item globally took after by hash dark colored. McCain Foods, one of the best key players of the market makes right around 33% of all the frozen French fries delivered globally. Notwithstanding, the high cost of frozen potato items and requirement for consistent low temperature is evaluated to restrain the market development.
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Geographic Segmentation
The Global Frozen Potatoes Market is segmented into specific geographic regions of Asia Pacific, North America, Latin America, Europe and Middle East and Africa by the Research Team of Market Data Forecast. Frozen potatoes Market was worth USD 50.77 billion in 2016 and estimated to be growing at a CAGR of 3.9%, to reach USD 61.47 billion by 2021.
Some of the key Frozen Potatoes Market leaders are McCain Foods, Lamb-Weston, J.R. Simplot Company, Aviko, Bart's Potato Company, Agrarfrost GmbH & Co. KG, Agristo NV, H.J. Heinz Company, Himalya International Ltd., and TaiMei Potato Industry Limited.
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