South America Frozen Potato Market to Grow at a CAGR of 3.9% to reach US$ 6,769.81 million from 2021 to 2028

The SAM frozen potato market is expected to grow from US$ 5,195.14 million in 2021 to US$ 6,769.81 million by 2028; it is estimated to register a CAGR of 3.9% from 2021 to 2028.

There is a surge in demand for frozen food due to the rising purchasing power and growing consumer preference toward ready-to-eat convenience food items. As the lifestyle of the consumers is changing, the demand for convenience products is also increasing. The demand for convenience food is increasing as the consumers are now leading a hectic lifestyle due to the workload. There has been significant growth in the women's employment rate. As women's employment is increasing, it becomes difficult for them to manage household work and office work. It becomes difficult for them to cook meals because of the lack of time. Due to this reason, the demand for convenience food like frozen products—which includes frozen potatoes, frozen meats, and frozen snacks—has increased in recent years. Moreover, there has been a significant rise in the number of single-person households in recent years that also contributes to the demand for convenience food. Potatoes have been linked to various health benefits, including improved blood sugar control, increased immunity, and a lower risk of heart disease. Frozen potato satisfies this need of the consumers and are readily available in retail outlets or stores as well as various fast-food chains, hotels, and quick service restaurants. The rise in the number of retail outlets, convenience stores, and supermarkets has increased the availability of ready-to-eat food, propelling the frozen potato industry to new heights. Frozen potatoes give the same benefits and taste as fresh potatoes but have a longer shelf life, which is boosting the market growth. Furthermore, foods such as French fries and wedges are becoming increasingly popular, particularly among children and youth, which is catalyzing the growth of the SAM frozen potato market

With the latest features and technologies, vendors attract new customers to grow their footprints in emerging markets. This factor is likely to drive the SAM frozen potato market. The SAM frozen potato market is expected to grow at a substantial CAGR during the forecast period. 

SAM Frozen Potato Market Revenue and Forecast to 2028 (US$ Million)

SAM Frozen Potato Market Segmentation       

SAM Frozen Potato Market – by Product

• French Fries
• Hash Brown
• Shaped
• Mashed
• Battered/Cooked
• Topped/Stuffed
• Others

SAM Frozen Potato Market – by End User

• Residential
• Commercial

SAM Frozen Potato Market, by Country

• Brazil
• Argentina
• Rest of SAM

SAM Frozen Potato Market - Companies Mentioned

• Agristo NV    
• Aviko B.V.
• Bart’s Potato Company      
• Farm Frites International B.V.        
• Greenyard   
• J.R. Simplot Company
• Lamb Weston Holdings, Inc.   
• Mccain Foods Limited
• The Kraft Heinz Company

South America Frozen Potato Report Scope