Frozen Potatoes Market to 2021– To Grow in the Coming Years, New Research explores Factors Responsible | Market Data Forecast
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.
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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Addresses
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Extensive
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Addresses
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an aim of providing insights for gaining market share
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The
factors responsible for the shaping of the industry as it is as a result of
competitive environment is analyzed through Porter’s Five Forces
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The
effects of political, economic, social, technological, legal and environmental
factors on the industry is analyzed through PESTLE analysis to better
understand the aspects of strategic management required to comply with the
exogenous and endogenous factors
·
Strategic
evaluation of the key players to gain insights of their performance allowing
access to their product portfolio, financial performance and the strengths of
their business strategic developments
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Comparative
study of the firms across the industry measuring their performances based on
market share and recent activities in order to achieve competitive intelligence
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industry
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