Frozen Sweet Potato Hash Brown and Tater Shots Market Size, Analysis Report 2030
[Research Report] The market size was valued at US$ 113.33 million in 2022 and is projected to reach US$ 171.66 million by 2030; it is expected to register a CAGR of 5.4% from 2023 to 2030.
Market Insights and Analyst View:
Sweet potatoes are a rich source of fiber, vitamins, minerals, and antioxidants and are a preferred choice of starchy food in many regions. Health-conscious consumers prefer consuming sweet potato products over regular potato products, owing to the lower glycemic index of sweet potatoes than potatoes. Low glycemic index foods provide sustained energy and help stabilize blood sugar levels, thus beneficial for diabetic patients. Consumers are increasingly focusing on consuming healthy and nutritious food options, thus increasing the demand for healthy alternatives to conventional snacking items such as hash brown and tater shots. Sweet potatoes are considered a healthy alternative to potatoes due to their high fiber and nutritional content, thus making frozen sweet potato hash brown and tater shots a popular option for health-conscious customers. This factor is bolstering the frozen sweet potato hash brown and tater shots market growth.
Growth Drivers and Challenges:
The emergence of e-commerce has resulted in considerable changes in the way people shop and purchase food products. The growing penetration of smartphones and the internet, quick access to emerging technologies, rising purchasing power, and convenience provided by online retail shopping platforms are among the key factors bolstering e-commerce. People increasingly prefer online retail platforms for purchasing frozen foods. According to American Frozen Food Institute, online sales of frozen food products, including frozen snacks, increased by 75% in 2020. The online sales of food and beverages grew significantly during the COVID-19 outbreak due to the shutdown of brick-and-mortar stores and the imposition of several social restrictions by governments of various countries across the globe. With the rising penetration of e-commerce across multiple geographies, the manufacturers of frozen foods such as Conagra Brands Inc are also enhancing their online presence by selling products through Amazon, Tesco, Walmart, and other well-known e-commerce platforms. The growing adoption of e-commerce platforms is eliminating the dependency on offline retail stores. Thus, the rising sales of frozen snacks via e-commerce platforms are contributing to the growth of the frozen sweet potato hash brown and tater shots market.
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Frozen Sweet Potato Hash Brown and Tater Shots Market: Strategic Insights
Market Size Value in US$ 113.33 million in 2022 Market Size Value by US$ 171.66 million by 2030 Growth rate CAGR of 5.4% from 2023 to 2030 Forecast Period 2023-2030 Base Year 2022
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Frozen Sweet Potato Hash Brown and Tater Shots Market: Strategic Insights
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Market Size Value in | US$ 113.33 million in 2022 |
Market Size Value by | US$ 171.66 million by 2030 |
Growth rate | CAGR of 5.4% from 2023 to 2030 |
Forecast Period | 2023-2030 |
Base Year | 2022 |
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Report Segmentation and Scope:
The “Global Frozen Sweet Potato Hash Brown and Tater Shots Market” is segmented based on product type, end use, and geography. Based on product type, the frozen sweet potato hash brown and tater shots market is segmented into hash brown and tater shots. Based on end use, the frozen sweet potato hash brown and tater shots market is segmented into residential and commercial. The frozen sweet potato hash brown and tater shots market based on geography is segmented into North America (US, Canada, and Mexico), Europe (Germany, France, Italy, UK, Russia, and Rest of Europe), Asia Pacific (Australia, China, Japan, India, South Korea, and Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America)
Segmental Analysis:
Based on product type, the frozen sweet potato hash brown and tater shots market is bifurcated into hash brown and tater shots. The tater shots segment held a larger share of the market in 2022; the hash brown segment is likely to grow at a higher rate during the forecast period. Tater shots, also known as tater puffs, tater gems, shots, or chunks, are small cylindrical grated sweet potatoes seasoned with salt, pepper, and other spices. They are widely consumed due to their crispy texture and taste. Tater shots are becoming increasingly popular as snacking items and appetizers, especially among the younger population and children, as they are bite-sized, making them excellent finger food. They are flavorful, easy to consume on the go, and perfect for mid-day or evening snacks. Tater shots are available in various shapes and forms, making them versatile snacking items. Thus, the rising demand for sweet potato tater shots is driving the frozen sweet potato hash brown and tater shots market growth.
Based on end use, the frozen sweet potato hash brown and tater shots market is bifurcated into residential and commercial. The residential segment is expected to register a higher CAGR during the forecast period. Due to the fast-paced life of people and hectic work schedules, people are increasingly shifting toward frozen food, especially frozen snacks and meals, to avoid cooking hassle and save time. Frozen snacks can be prepared quickly, and they have excellent texture and flavor. Frozen sweet potato products, including hash brown and tater shots, are preferred snacking options as they are bite-sized and flavorful. Moreover, sweet potatoes are rich in good carbohydrates, carotenoids, vitamins, and antioxidants. All these factors are driving their demand among consumers, especially among the younger population and kids. Thus, the increasing popularity of frozen sweet potato products is driving the frozen sweet potato hash brown and tater shots market growth.
Regional Analysis:
Based on geography, the frozen sweet potato hash brown and tater shots market is divided into five key regions: North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa. In 2022, North America held the largest share of the global frozen sweet potato hash brown and tater shots market, and Europe is estimated to register the highest CAGR during the forecast period. The frozen sweet potato hash brown and tater shots market growth is attributed to the rising demand for convenience food, well-established food retail infrastructure, and availability of a wide range of products across different distribution channels. Moreover, the presence of consumers with high per-capita income is also driving the demand for frozen food, such as frozen meals and snacks. According to a report published by the CBI Ministry of Foreign Affairs in 2023, a total of 32,738.65 tons of freshly cut and frozen sweet potato products were imported into the UK in 2021. Thus, the rising import and consumption volume of pre-processed sweet potatoes indicates the mature market for processed sweet potatoes in Europe, which provides strong growth potential to the frozen sweet potato hash brown and tater shots market.
Industry Developments and Future Opportunities:
Various initiatives taken by key players operating in the global frozen sweet potato hash brown and tater shots market are listed below:
- In June 2019, Conagra Brands Inc opened its new sweet potato processing plant in Delhi, India. The plant produces products for the Sweet Things line, which includes sweet potato fries, wedges, puffs, and mashed sweet potatoes. The plant also produces Alexia brand sweet potato products.
- In December 2021, McCain Foods acquired a small stake in Strong Roots. The investment enabled Strong Roots to expand its footprint in existing markets, including the UK, Ireland, and the US, and enter new markets. The deal allowed Strong Roots to expand into the food service market through McCain's out-of-home channel.
- In May 2022, B&G Foods, Inc acquired the frozen vegetable manufacturing operations of Growers Express, LLC. The acquisition reduced supply chain risk and costs for certain Green Giant frozen products. The acquisition also enhanced innovation efforts for the Green Giant brand and improved the speed to market for innovation.
Frozen Sweet Potato Hash Brown and Tater Shots Market Report Scope
Covid-19 Impact:
The COVID-19 pandemic affected economies and industries in various countries across the globe. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America (SAM), and the Middle East & Africa (MEA) hampered the growth of several industries, including the food & beverages industry. The shutdown of manufacturing units disturbed global supply chains, manufacturing activities, delivery schedules, and sales of various essential and nonessential products. Various companies announced possible delays in product deliveries and a slump in future sales of their products in 2020. Consumers started panic-buying due to lockdowns and travel bans. They stocked their pantries which initially increased the demand for snacking and munching items such as frozen sweet potato hash brown and tater shots. Later, however, due to a shortage of raw materials and labor, manufacturers could not meet the demand, which hampered their profitability and created product shortages. However, in 2021, as governments of various countries announced relaxation of several restrictions such as lockdowns, travel bans, and trade barriers, the marketplace witnessed recovery. The manufacturers of frozen sweet potato hash brown and tater shots could operate at full capacity, which helped them to overcome the demand-supply gap. Online grocery shopping trends emerged rapidly as consumers enjoyed shopping remotely during lockdowns. This factor is expected to boost the frozen sweet potato hash brown and tater shots market during the forecast period.
Competitive Landscape and Key Companies:
Some of the prominent players operating in the global frozen sweet potato hash brown and tater shots market include Lamb Weston Holdings Inc, J.R. Simplot Company, Handy Food Innovation Ltd, Dr. Praeger's Sensible Foods LLC, B&G Foods Inc, and Conagra Brands Inc. among others. hese companies focus on new product launches and geographical expansions to meet the growing consumer demand worldwide and increase their product range in specialty portfolios. They have a widespread global presence, which provides them to serve a large set of customers and subsequently increases their market share.
![Report Coverage](https://www.theinsightpartners.com/assets/rdimages/report_coverage.png)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
Product Type, End Use, and Geography
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The major players operating in the global frozen sweet potato hash brown and tater shots market are Lamb Weston Holdings Inc, J.R. Simplot Company, Handy Food Innovation Ltd, Dr. Praeger's Sensible Foods LLC, B&G Foods Inc, and Conagra Brands Inc.
Health-conscious consumers prefer consuming sweet potato products over regular potato products, owing to the lower glycemic index of sweet potatoes than potatoes. Low glycemic index foods provide sustained energy and help stabilize blood sugar levels, thus beneficial for diabetic patients. Sweet potatoes are a rich source of fiber, vitamins, minerals, and antioxidants and are a preferred choice of starchy food in many regions. According to a report published by the CBI Ministry of Foreign Affairs (Europe) in 2023, product promotion and diversification pertaining to sweet potatoes drive the demand for sweet potatoes and associated value-added products in Europe. The report also revealed that the marketing strategies conducted by American organizations, such as American Sweet Potato Marketing Institute, have further boosted the utilization of sweet potatoes in quick-service restaurants and fast-food chains. Thus, the increasing demand for healthy alternatives to potato products is expected to create lucrative opportunities for the frozen sweet potato hash brown and tater shots market in the coming years.
Based on product type, the tater shots segment held the largest share in the global market in 2022. Tater shots are becoming increasingly popular as snacking items and appetizers, especially among the younger population and children, as they are bite-sized, making them excellent finger food. They are flavorful, easy to consume on the go, and perfect for mid-day or evening snacks. Tater shots are available in various shapes and forms, making them versatile snacking items. They can also be served as starters for birthday parties, anniversaries, and corporate dinners/lunches as they are easy to prepare, deliver perfect texture when fried or baked, and provide high convenience to consumers.
Rising demand for frozen food as well as escalating sales of frozen snacks through e-commerce platforms are the key drivers for the growth of the global frozen sweet potato hash brown and tater shots market.
North America accounted for the largest share of the global frozen sweet potato hash brown and tater shots market. The US has the extensive retail infrastructure with well-established e-commerce sector. Availability of different brands of sweet potato hash brown and tater shots in the US across multiple retail channels is driving the market growth. Moreover, presence of well-established manufacturers of sweet potato hash brown and tater shots such as Lamb Weston Holdings Inc, Conagra Brands Inc, B&G Foods Inc, among others is also driving the market growth across North America.
Based on the end use, the commercial segment held the largest share of the frozen sweet potato hash brown and tater shots market in 2022. People are going to various places to socialize and eat delicious food. Fast food restaurants, quick service restaurants (QSRs), and cafes are crowded with customers, especially on weekends. Therefore, foodservice operators use frozen food and snacks to quickly prepare food and meet the customer demand. These factors are expected to drive the demand for sweet potato hash brown and tater shots across the commercial sector.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
3.2.8 Limitations and Assumptions:
4. Frozen Sweet Potato Hash Brown and Tater Shots Market Landscape
4.1 Market Overview
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Buyers:
4.2.3 Bargaining Power of Suppliers:
4.2.4 Intensity of Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Expert Opinion
4.4 Ecosystem Analysis
4.4.1 Raw Material Suppliers
4.4.2 Manufacturers
4.4.3 Distributors/Suppliers
4.4.4 End Users
5. Frozen Sweet Potato Hash Brown and Tater Shots Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Frozen Food
5.1.2 Escalating Sales of Frozen Snacks via E-Commerce Platforms
5.2 Market Restraints
5.2.1 Lack of Cold Chain Infrastructure in Developing Countries
5.3 Market Opportunities
5.3.1 Increasing Demand for Healthy Alternatives to Potato Products
5.4 Future Trends
5.4.1 Growing Popularity of Plant-Based Frozen Products
5.5 Impact Analysis of Drivers and Restraints
6. Frozen Sweet Potato Hash Brown and Tater Shots – Global Market Analysis
6.1 Frozen Sweet Potato Hash Brown and Tater Shots Market Overview
6.2 Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
6.3 Competitive Positioning – Key Market Players
7. Frozen Sweet Potato Hash Brown and Tater Shots Market Analysis – By Product Type
7.1 Overview
7.2 Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type (2022 and 2030)
7.3 Hash Brown
7.3.1 Overview
7.3.2 Hash Brown: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
7.4 Tater Shots
7.4.1 Overview
7.4.2 Tater Shots: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
8. Frozen Sweet Potato Hash Brown and Tater Shots Market Analysis – By End Use
8.1 Overview
8.2 Frozen Sweet Potato Hash Brown and Tater Shots Market, By End Use (2022 and 2030)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
9. Frozen Sweet Potato Hash Brown and Tater Shots Market – Geographic Analysis
9.1 Overview
9.2 North America: Frozen Sweet Potato Hash Brown and Tater Shots Market
9.2.1 North America: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.2.2 North America: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.2.3 North America: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.2.4 North America: Frozen Sweet Potato Hash Brown and Tater Shots Market, by Key Country
9.2.4.1 US: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
9.2.4.1.1 US: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.2.4.1.2 US: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.2.4.2 Canada: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
9.2.4.2.1 Canada: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.2.4.2.2 Canada: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.2.4.3 Mexico: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
9.2.4.3.1 Mexico: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.2.4.3.2 Mexico: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.3 Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market
9.3.1 Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.3.2 Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.3.3 Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.3.4 Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market, by Key Country
9.3.4.1 Germany: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
9.3.4.1.1 Germany: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.3.4.1.2 Germany: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.3.4.2 UK: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
9.3.4.2.1 UK: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.3.4.2.2 UK: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.3.4.3 France: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
9.3.4.3.1 France: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.3.4.3.2 France: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.3.4.4 Italy: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
9.3.4.4.1 Italy: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.3.4.4.2 Italy: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.3.4.5 Russia: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
9.3.4.5.1 Russia: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.3.4.5.2 Russia: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.3.4.6 Rest of Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
9.3.4.6.1 Rest of Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.3.4.6.2 Rest of Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.4 Asia Pacific: Frozen Sweet Potato Hash Brown and Tater Shots Market
9.4.1 Asia Pacific: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.4.2 Asia Pacific: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.4.3 Asia Pacific: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.4.4 Asia Pacific: Frozen Sweet Potato Hash Brown and Tater Shots Market, by Key Country
9.4.4.1 China: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.4.4.1.1 China: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.4.4.1.2 China: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.4.4.2 Japan: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.4.4.2.1 Japan: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.4.4.2.2 Japan: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.4.4.3 India: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.4.4.3.1 India: Frozen Sweet Potato Hash Brown and Tater Shots Market, by Product Type
9.4.4.3.2 India: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.4.4.4 Australia: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.4.4.4.1 Australia: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.4.4.4.2 Australia: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.4.4.5 South Korea: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.4.4.5.1 South Korea: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.4.4.5.2 South Korea: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.4.4.6 Rest of Asia Pacific: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.4.4.6.1 Rest of Asia Pacific: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.4.4.6.2 Rest of Asia Pacific: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.5 Middle East & Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market
9.5.1 Middle East & Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.5.2 Middle East & Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.5.3 Middle East & Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.5.4 Middle East & Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market, by Key Country
9.5.4.1 Saudi Arabia: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.5.4.1.1 Saudi Arabia: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.5.4.1.2 Saudi Arabia: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.5.4.2 UAE: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.5.4.2.1 UAE: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.5.4.2.2 UAE: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.5.4.3 South Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.5.4.3.1 South Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.5.4.3.2 South Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market, By End Use
9.5.4.4 Rest of Middle East & Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.5.4.4.1 Rest of Middle East & Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market, by Product Type
9.5.4.4.2 Rest of Middle East & Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.6 South & Central America: Frozen Sweet Potato Hash Brown and Tater Shots Market
9.6.1 South & Central America: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
9.6.2 South & Central America: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.6.3 South & Central America: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.6.4 South & Central America: Frozen Sweet Potato Hash Brown and Tater Shots Market, by Key Country
9.6.4.1 Brazil: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
9.6.4.1.1 Brazil: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.6.4.1.2 Brazil: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.6.4.2 Argentina: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
9.6.4.2.1 Argentina: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.6.4.2.2 Argentina: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
9.6.4.3 Rest of South & Central America: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
9.6.4.3.1 Rest of South & Central America: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type
9.6.4.3.2 Rest of South & Central America: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use
10. Impact of COVID-19 Pandemic on Global Frozen Sweet Potato Hash Brown and Tater Shots Market
10.1 Overview
10.2 Impact of COVID-19 on Frozen Sweet Potato Hash Brown and Tater Shots Market
10.3 North America: Impact Assessment of COVID-19 Pandemic
10.4 Europe: Impact Assessment of COVID-19 Pandemic
10.5 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.6 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
10.7 South & Central America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
12. Company Profiles
12.1 Lamb Weston Holdings Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 J.R. Simplot Company
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Handy Food Innovation Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Dr. Praeger's Sensible Foods LLC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 B&G Foods Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Conagra Brands Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
Table 2. Global Frozen Sweet Potato Hash Brown and Tater Shots Market, by Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 3. Global Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 4. North America Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 5. North America Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 6. US Frozen Sweet Potato Hash Brown and Tater Shots Market, Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 7. US Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 8. Canada Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 9. Canada Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 10. Mexico Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 11. Mexico Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 12. Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 13. Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 14. Germany Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 15. Germany Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 16. UK Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 17. UK Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 18. France Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 19. France Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 20. Italy Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 21. Italy Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 22. Russia Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 23. Russia Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 24. Rest of Europe Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 25. Rest of Europe Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 26. Asia Pacific Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 27. Asia Pacific: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 28. China Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 29. China Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 30. Japan Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 31. Japan Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 32. India Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 33. India Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 34. Australia Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type– Revenue and Forecast to 2030 (US$ Thousand)
Table 35. Australia Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 36. South Korea Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 37. South Korea Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 38. Rest of Asia Pacific Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 39. Rest of Asia Pacific Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 40. Middle East & Africa Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type– Revenue and Forecast to 2030 (US$ Thousand)
Table 41. Middle East & Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 42. Saudi Arabia Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 43. Saudi Arabia Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 44. UAE Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 45. UAE Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 46. South Africa Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 47. South Africa Frozen Sweet Potato Hash Brown and Tater Shots Market, By End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 48. Rest of Middle East & Africa Frozen Sweet Potato Hash Brown and Tater Shots Market, by Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 49. Rest of Middle East & Africa Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 50. South & Central America Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 51. South & Central America: Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 52. Brazil Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 53. Brazil Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 54. Argentina Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 55. Argentina Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 56. Rest of South & Central America Frozen Sweet Potato Hash Brown and Tater Shots Market, By Product Type – Revenue and Forecast to 2030 (US$ Thousand)
Table 57. Rest of South & Central America Frozen Sweet Potato Hash Brown and Tater Shots Market, by End Use – Revenue and Forecast to 2030 (US$ Thousand)
Table 58. List of Abbreviation
LIST OF FIGURES
Figure 1. Frozen Sweet Potato Hash Brown and Tater Shots Market Segmentation
Figure 2. Frozen Sweet Potato Hash Brown and Tater Shots Market Segmentation – By Geography
Figure 3. Global Frozen Sweet Potato Hash Brown and Tater Shots Market Overview
Figure 4. The Tater Shots Segment Held the Largest Market Share in 2022
Figure 5. North America Held the Largest Market Share in 2022
Figure 6. Global Frozen Sweet Potato Hash Brown and Tater Shots Market, Key Market Players
Figure 7. Porter's Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Ecosystem: Frozen Sweet Potato Hash Brown and Tater Shots Market
Figure 10. Frozen Sweet Potato Hash Brown and Tater Shots Market Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Frozen Sweet Potato Hash Brown and Tater Shots Market
Figure 12. Global: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 13. Key Players: Frozen Sweet Potato Hash Brown and Tater Shots Market
Figure 14. Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, By Product Type (2022 and 2030)
Figure 15. Hash Brown: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast To 2030 (US$ Thousand)
Figure 16. Tater Shots: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast To 2030 (US$ Thousand)
Figure 17. Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, By End Use (2022 and 2030)
Figure 18. Residential: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast To 2030 (US$ Thousand)
Figure 19. Commercial: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast To 2030 (US$ Thousand)
Figure 20. Global Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, By Region (2022 and 2030)
Figure 21. North America: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 22. North America: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, By Product Type (2022 and 2030)
Figure 23. North America: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, by End Use (2022 and 2030)
Figure 24. North America: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, by Key Country (2022 and 2030)
Figure 25. US: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 26. Canada: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 27. Mexico: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 28. Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 29. Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, By Product Type (2022 and 2030)
Figure 30. Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, by End Use (2022 and 2030)
Figure 31. Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, by Key Country (2022 and 2030)
Figure 32. Germany: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 33. UK: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 34. France: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 35. Italy: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 36. Russia: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 37. Rest of Europe: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 38. Asia Pacific: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 39. Asia Pacific: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, By Product Type (2022 and 2030)
Figure 40. Asia Pacific: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, by End Use (2022 and 2030)
Figure 41. Asia Pacific: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, by Key Country (2022 and 2030)
Figure 42. China: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
Figure 43. Japan: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
Figure 44. India: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
Figure 45. Australia: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
Figure 46. South Korea: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
Figure 47. Rest of Asia Pacific: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
Figure 48. Middle East & Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 49. Middle East & Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, By Product Type (2022 and 2030)
Figure 50. Middle East & Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, by End Use (2022 and 2030)
Figure 51. Middle East & Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, by Key Country (2022 and 2030)
Figure 52. Saudi Arabia: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
Figure 53. UAE: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
Figure 54. South Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
Figure 55. Rest of Middle East & Africa: Frozen Sweet Potato Hash Brown and Tater Shots Market –Revenue and Forecast to 2030 (US$ Thousand)
Figure 56. South & Central America: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 57. South & Central America: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, By Product Type (2022 and 2030)
Figure 58. South & Central America: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, by End Use (2022 and 2030)
Figure 59. South & Central America: Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue Share, by Key Country (2022 and 2030)
Figure 60. Brazil: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 61. Argentina: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 62. Rest of South & Central America: Frozen Sweet Potato Hash Brown and Tater Shots Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 63. Impact of COVID-19 Pandemic on North America Frozen Sweet Potato Hash Brown and Tater Shots Market
Figure 64. Impact of COVID-19 Pandemic on Europe Frozen Sweet Potato Hash Brown and Tater Shots Market
Figure 65. Impact of COVID-19 Pandemic on Asia Pacific Frozen Sweet Potato Hash Brown and Tater Shots Market
Figure 66. Impact of COVID-19 Pandemic on Middle East & Africa Frozen Sweet Potato Hash Brown and Tater Shots Market
Figure 67. Impact of COVID-19 Pandemic on South & Central America Frozen Sweet Potato Hash Brown and Tater Shots Market
The List of Companies - Frozen Sweet Potato Hash Brown and Tater Shots Market
- Lamb Weston Holdings Inc
- J.R. Simplot Company
- Handy Food Innovation Ltd
- Dr. Praeger's Sensible Foods LLC
- B&G Foods Inc
- Conagra Brands Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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