Global Potato Processing Market- Lamb Westin announces $250 Million capital Investment in Additional Fry Line

Recent Developments

Lamb Weston Holdings, Inc. is an American food processing company that is one of the world's largest producers and processors of frozen French fries and other frozen potato products. It creates seashore flavored potato puff for growing frozen potato category. It has solved the problem of delivering hot and crispy fries. Lamb Weston has merged with M&A Fray for enlargement of sales.

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Market Segmentations

Market Data Forecast published a report named Global Potato Processing Market was worth USD 25.22 billion in 2018 and estimated to be growing at a CAGR of 5.56%, to reach USD 33.06 billion by 2023.

Report is segmented by

Type

· Chips and Snack Pellets

· Frozen

· Dehydrated

· Others

Application

· Ready to cook and prepared Meals

· Snacks

· Other Applications

Frozen segment is the largest market share holder in the potato processing market, owing to factors such as lesser time required for preparation of meals and growing preference of consumers for convenience foods.

Geographical Segmentation:
Global Potato Processing market is divided based on geography into North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. Asia Pacific has the largest market for potato processing in the world, owing to factors such as high population and huge potato production in the region. North America and Europe hold second and third positions in the world by share respectively.

Key market players in the market are -

Lamb Weston holdings
The Kraft Heinz Company
R Simplot
McCain Foods Limited
Agristo NV
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Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

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