Potato Flakes Market Revenues to Exceed USD 11 Bn by 2029; E-commerce Driving Revenue Opportunities in APEJ, Concludes a Future Market Insights Study
Established players in the potato flakes market are tapping opportunities in Asia Pacific excluding Japan (APEJ), banking on solid e-commerce expansion.
DUBAI, UAE / ACCESSWIRE / February 11, 2020 / Riding the growing trend of organic products, the global potato flakes market is projected to surpass revenues worth USD 11 Bn by the end of 2029. Increasing consumer confidence in organic products made from potato flakes has rendered a new dimension of growth to the potato flakes market. A new Future Market Insights (FMI) study reveals that product innovations would remain the focal point for manufacturers in the potato flakes market.
“Increased transparency in online stores to help consumers compare potato flakes price levels will continue to pave the way for exponential market growth,” says the FMI report.
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Potato Flakes Market: Key Findings
Potato Flakes Market: Key Driving Factors
Potato Flakes Market: Key Restraints
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The global potato flakes market is moderately consolidated, where leading players are increasing efforts to tap the hub of opportunities in European market. Targeting fast developing of APEJ to leverage sale-commerce expansion will be among the key strategies of manufacturers. Companies are also entering strategic partnerships with local traders in Central Asia to overcome challenges associated with fragmented supply chains in the region. FMI’s analysis also indicates that companies are preferring tie-ups with local farmers to gain dominance in organic products space.
Some of the major companies operating in the global potato flakes market include, but are not limited to, Nestlé S.A., Bob’s Red Mill Natural Foods, Inc., Idahoan Foods, LLC, McCain Foods Limited, Rixona B.V., Basic American Foods, Inc., Agrarfrost GmbH & Co. KG, Patwary Potato Flakes Ltd., Clarebout Potatoes, Goodrich Cereals, Lamb Weston Holdings Inc, Iscon Balaji Foods Pvt Limited, Lutosa SA, Nahr-Engel GmbH, Bem Brasil Alimentos LTDA, and Oregon Potato Co.
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
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Press Release Source: https://www.futuremarketinsights.com/press-release/potato-flake-market
Research Report: https://www.futuremarketinsights.com/reports/potato-flake-marke
SOURCE: Future Market Insights
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