The mashed potatoes market is expected to register a CAGR of 5% during 2023–2031. The advancement in cold chain infrastructure is likely to be the trend in the mashed potatoes market.
Mashed Potatoes Market Analysis:
- One of the factors contributing to the mashed potato market growth worldwide is the rising demand for convenience foods, and the primary candidate for that is mashed potato, along with its various utilization in multiple cuisines. Moreover, the growing demand for packaged food and ready-to-eat products will also add to expanded of the mashed potato market globally.
- Another factor responsible for the mashed potato market growth is the increasing awareness among consumers of health. This will also open new doors for the growth of the market.
Mashed Potatoes Market Overview
- Mashed potatoes are a dish prepared by crushing cooked potatoes, which is a nutritionally rich food with the basic form of mashed potatoes coming with no added ingredients, that is, mashing boiled and peeled potatoes and adding butter, milk, or cream, and other ingredients. Incorporating the above-mentioned trends, we can deduce various facts affecting the mashed potato market.
- One such factor is the demand for simple labeled products with recognizable ingredients that are fueling continuous demand for mashed potato products. Another factor is the demand for flavored tastes, the demand for ready-to-eat food products, and the increasing consumption of frozen and packaged foods. This is also contributing to the growth of the market. Furthermore, technological advancements and innovations in product offerings are also major factors in the positive outlook for the market.
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Mashed Potatoes Market: Strategic Insights
Mashed Potatoes Market
-
Market Size 2023
US$ XX Million
-
Market Size 2031
US$ XX Million
Market Dynamics
GROWTH DRIVERS
- Growing Demand for Packaged Food
- Strategic Initiatives by Key Players
FUTURE TRENDS
- Increasing Demand from Developing Economies
OPPORTUNITIES
- Advancement in Cold Chain Infrastructure
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Form
- Powder
- Solid
Type
- Refrigerated Mashed Potatoes
- Frozen Mashed Potatoes
- Dried Mashed Potatoes
Category
- Plain
- Seasoned/Flavored
End Use
- Food Retail
- Foodservice
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
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You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
Mashed Potatoes Market: Strategic Insights
-
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Market Dynamics
- Growing Demand for Packaged Food
- Strategic Initiatives by Key Players
- Increasing Demand from Developing Economies
- Advancement in Cold Chain Infrastructure
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Powder
- Solid
- Refrigerated Mashed Potatoes
- Frozen Mashed Potatoes
- Dried Mashed Potatoes
- Plain
- Seasoned/Flavored
- Food Retail
- Foodservice
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Mashed Potatoes Market Drivers and Opportunities
Growing Demand for Packaged Food
- Packaged mashed potatoes cater to consumers' needs for convenience and timesaving as they are consuming food on the go. Lifestyles have been getting busier as more people are working and families have two on a bread-winning role. Consumers are seeking meals to be ready in minutes, hence the rise of packaged mashed potatoes. Many of the consumers who want to consume mashed potatoes choose packaged as they desire the taste of mashed potatoes without the lengthy process of peeling, boiling and mashing the potatoes.
- Various flavored mashed potato items are being developed in order to keep the products innovative and unique. Garlic herb, roasted garlic, and loaded mashed potato flavors are being introduced by the manufacturers since more consumers are adventurous with the food they consume. The creation of these different flavors allows the company to broaden its offered products to more consumers with different taste preferences.
Increasing Demand from Developing Economies
- Mashed potatoes are a high-potential market for producers, as emerging markets in Asia-Pacific, Latin America, and Africa are untapped territories. As a result of an increase in urbanization and changing consumer behavior, there is a growing market for ready-to-eat food products. This includes mashed potatoes. Producers have an opportunity to expand into emerging markets in regions around the world as consumer preferences continue to change and urbanization increases.
- Emerging economies that are growing often see an increase in disposable income as the economy grows. Thus, as the number of people with disposable income increases, more consumers can afford to try new food products, such as mashed potatoes. As customers become more familiar with world cuisines and demand for fast food increases, we will likely see more mashed potatoes in our diets.
Mashed Potatoes Market Segmentation
The scope of the global mashed potatoes market is segmented based on type, category, and end use.
- On the basis of type, the market is segmented into refrigerated mashed potatoes, frozen mashed potatoes, and dried mashed potatoes.
- On the basis of category, the market is bifurcated into plain and seasoned/flavored.
- Based on end use, the mashed potatoes market is classified into food retail and foodservice.
Mashed Potatoes Market Share Analysis by Geography
- The mashed potatoes market report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering mashed potatoes market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers Porter's Five Forces analysis, which involves the study of major factors that influence the mashed potatoes market in these regions.
Mashed Potatoes Market Market Report Scope
Report Attribute
Details
Market size in 2023
US$ XX Million
Market Size by 2031
US$ XX Million
Global CAGR (2023 - 2031)
5%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Form - Powder
- Solid
By Type - Refrigerated Mashed Potatoes
- Frozen Mashed Potatoes
- Dried Mashed Potatoes
By Category - Plain
- Seasoned/Flavored
By End Use - Food Retail
- Foodservice
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
Bob Evans Farms General Mills Hormel Foods LLC Hungry Jack Idahoan Foods JR Simplot Company Lamb Weston Inc Nestle SA Peka Kroef BV Pfanni GmbH and Co OHG
Mashed Potatoes Market Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | 5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Form
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Mashed Potatoes Market News and Recent Developments:
The mashed potatoes market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:
- Wilsons' Country launches two new convenient potato mash products. The beginning of October marked the launch of two new, pre-prepared potato mash products from Wilson's Country: Wilson's Mash and Wilson's Naked Mash. Both come in 400g packs, ready to heat in the microwave in just 4 minutes. (Source: Newsletter, Wilsons', November 2023)
Mashed Potatoes Market Report Coverage and Deliverables
The "Mashed Potatoes Market Size and Forecast (2021 – 2031)" provides a detailed analysis of the market covering below areas:
- Mashed potatoes market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Mashed potatoes market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Mashed potatoes market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the mashed potatoes market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global mashed potatoes market is estimated to grow above 5% during the forecast period 2024-2031.
The strategic initiative by key players is one of the major factors driving the mashed potatoes market.
The advancement in cold chain infrastructure is likely to be the trend in the mashed potatoes market.
The leading players operating in the mashed potatoes market are Bob Evans Farms, General Mills, Hormel Foods LLC, Hungry Jack, Idahoan Foods, JR Simplot Company, Lamb Weston Inc, Nestle SA, Peka Kroef BV, Pfanni GmbH and Co OHG.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
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The List of Companies
1. Agristo
2. Continental
3. Hormel
4. Hungry Jack Potatoes
5. Idahoan
6. Knorr
7. McCain
8. Pineland Farms Potato Company
9. Pomuni
10. Simply Potatoes