Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Type (Frozen, Chips & Snack Pellets, Dehydrated), By Application (Snacks, Ready-to-cook & Prepared Meals), By Distribution Channel (Foodservice, Retail) And Competitive Landscape
Product Code: ETC436004 | Publication Date: Nov 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Europe Potato Processing Market is anticipating growth in the forthcoming years owing to the increasing demand for processed food, rising urbanization, growing preference of fast food, and changing lifestyles. Additionally, the increasing consumer trend toward easy to cook food and convenience dietary habits are further propelling the Europe Potato Processing Market growth during the forecast years. However, the negative effects on health associated with the consumption of processed food and the high cost of storage are projected to restrain the market in the upcoming years.
According to 6Wresearch, Europe Potato Processing Market is expected to grow during 2022-2028. The key drivers of the Europe Potato Processing Market are changing food preferences, rapid urbanization, growing interest toward fast food, changing lifestyles of individuals. Additionally, the demand for market is mainly due to the rising demand for convenience foods, feasible preservation and increasing germination and planting of potatoes. Moreover, the growing food service industry are enticing consumers to opt processed potato products which further contributing to the growth of Europe Potato Processing Industry. However, the high cost of storage associated with processed potatoes and health concerns linked with the consumption of processed potatoes are anticipated to restrain the market growth during forecast years. Moreover, the consumption of these food products has been associated with serious diseases like hypertension and cancer.
The COVID-19 pandemic significantly impacted potato processing market in Europe. The outbreak of the pandemic has led to a decrease in demand for processed potatoes as consumers are opting for fresh potatoes rather than processed ones. Consequently, this has resulted in a decline in production and Europe Potato Processing Market Revenue. In addition, the closure of restaurants and other foodservice outlets has also had a negative impact on the market. The outbreak of the pandemic has led to a decrease in demand for processed potatoes as consumers have become more cautious about spending on non-essential items. This has resulted in a decline in sales of processed potato products such as chips. As a result of the decrease in demand, several potato processing companies have announced plans to reduce production or close factories altogether.
By Type, the market is segmented into Frozen, Chips & Snack Pellets, and Dehydrated. The frozen segment is dominating the Europe Potato Processing Market share owing to the increasing demand for French fries in several restaurants.
Based on Application, the market is segmented into Snacks, Ready-To-Cook & Prepared Meals. The Ready-To-Cook & Prepared Meals are accounted to held the largest market share due to rising consumer preference for convenience foods and busy lifestyles.
By distribution channel, the market is segmented into Foodservice and Retail. Both distribution channels are continued to grow throughout the forecast period.
The Europe Potato Processing Market is highly competitive with many companies vying for market share. These companies have strong brand recognition and a large customer base. They are also able to offer a wide range of products, including frozen potato products, fresh potato products, and processed potato products. Moreover, the major companies are expected to continue their dominance in the market over the forecast period owing to their strong brand presence and large scale operations.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Potato Processing Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Potato Processing Market Revenues & Volume, 2021 & 2028F |
3.3 Europe Potato Processing Market - Industry Life Cycle |
3.4 Europe Potato Processing Market - Porter's Five Forces |
3.5 Europe Potato Processing Market Revenues & Volume Share, By Countries, 2021 & 2028F |
3.6 Europe Potato Processing Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.7 Europe Potato Processing Market Revenues & Volume Share, By Application, 2021 & 2028F |
3.8 Europe Potato Processing Market Revenues & Volume Share, By Distribution Channel, 2021 & 2028F |
4 Europe Potato Processing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Potato Processing Market Trends |
6 Europe Potato Processing Market, 2018 - 2028 |
6.1 Europe Potato Processing Market, Revenues & Volume, By Type, 2018 - 2028 |
6.2 Europe Potato Processing Market, Revenues & Volume, By Application, 2018 - 2028 |
6.3 Europe Potato Processing Market, Revenues & Volume, By Distribution Channel, 2018 - 2028 |
7 Germany Potato Processing Market, 2018 - 2028 |
7.1 Germany Potato Processing Market, Revenues & Volume, By Type, 2018 - 2028 |
7.2 Germany Potato Processing Market, Revenues & Volume, By Application, 2018 - 2028 |
7.3 Germany Potato Processing Market, Revenues & Volume, By Distribution Channel, 2018 - 2028 |
8 United Kingdom Potato Processing Market, 2018 - 2028 |
8.1 United Kingdom Potato Processing Market, Revenues & Volume, By Type, 2018 - 2028 |
8.2 United Kingdom Potato Processing Market, Revenues & Volume, By Application, 2018 - 2028 |
8.3 United Kingdom Potato Processing Market, Revenues & Volume, By Distribution Channel, 2018 - 2028 |
9 France Potato Processing Market, 2018 - 2028 |
9.1 France Potato Processing Market, Revenues & Volume, By Type, 2018 - 2028 |
9.2 France Potato Processing Market, Revenues & Volume, By Application, 2018 - 2028 |
9.3 France Potato Processing Market, Revenues & Volume, By Distribution Channel, 2018 - 2028 |
10 Italy Potato Processing Market, 2018 - 2028 |
10.1 Italy Potato Processing Market, Revenues & Volume, By Type, 2018 - 2028 |
10.2 Italy Potato Processing Market, Revenues & Volume, By Application, 2018 - 2028 |
10.3 Italy Potato Processing Market, Revenues & Volume, By Distribution Channel, 2018 - 2028 |
11 Russia Potato Processing Market, 2018 - 2028 |
11.1 Russia Potato Processing Market, Revenues & Volume, By Type, 2018 - 2028 |
11.2 Russia Potato Processing Market, Revenues & Volume, By Application, 2018 - 2028 |
11.3 Russia Potato Processing Market, Revenues & Volume, By Distribution Channel, 2018 - 2028 |
12 Spain Potato Processing Market, 2018 - 2028 |
12.1 Spain Potato Processing Market, Revenues & Volume, By Type, 2018 - 2028 |
12.2 Spain Potato Processing Market, Revenues & Volume, By Application, 2018 - 2028 |
12.3 Spain Potato Processing Market, Revenues & Volume, By Distribution Channel, 2018 - 2028 |
13 Rest of Europe Potato Processing Market, 2018 - 2028 |
13.1 Rest of Europe Potato Processing Market, Revenues & Volume, By Type, 2018 - 2028 |
13.2 Rest of Europe Potato Processing Market, Revenues & Volume, By Application, 2018 - 2028 |
13.3 Rest of Europe Potato Processing Market, Revenues & Volume, By Distribution Channel, 2018 - 2028 |
14 Europe Potato Processing Market Key Performance Indicators |
15 Europe Potato Processing Market - Opportunity Assessment |
15.1 Europe Potato Processing Market Opportunity Assessment, By Countries, 2021 & 2028F |
15.2 Europe Potato Processing Market Opportunity Assessment, By Type, 2021 & 2028F |
15.3 Europe Potato Processing Market Opportunity Assessment, By Application, 2021 & 2028F |
15.4 Europe Potato Processing Market Opportunity Assessment, By Distribution Channel, 2021 & 2028F |
16 Europe Potato Processing Market - Competitive Landscape |
16.1 Europe Potato Processing Market Revenue Share, By Companies, 2021 |
16.2 Europe Potato Processing Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |