Report : South America Frozen Potato Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product (French Fries, Hash Brown, Shaped, Mashed, Battered/Cooked, Topped/Stuffed and Others) and End-User (Residential and Commercial
French Fries Segment to Dominate South America Frozen Potato Market during 2020–2027
According to The Insight Partners market research study on “South America Frozen Potato Market Forecast to 2027 – COVID-19 Impact and Analysis – By Product (French Fries, Hash Brown, Shaped, Mashed, Battered/Cooked, Topped/Stuffed and Others) and End-User (Residential and Commercial)”, the market is expected to reach US$ 6,462.83 million by 2027 from US$ 4,922.70 million in 2019; it is estimated to grow at a CAGR of 3.6% from 2020 to 2027. The report provides trends prevailing in the South America frozen potato market, and the drivers and restraints pertaining to the market growth.
The frozen potato market in South America is segmented into product and end-user. Based on product, the market is segmented into French fries, hash brown, shaped, mashed, battered/cooked, topped/stuffed and others. In 2019, the French fries segment held the largest share of the South America frozen potato market. Quick service restaurants are one of the major consumers of French fries. This is due to it is easy to use and requires less preparation time. As the fast food and quick service restaurants are on a rise the demand for frozen French fries is also increasing around the world. The demand for French fries is also increasing due to the rising demand of frozen potatoes in the South America regions, French fries contains nutrition and also has an attractive color.
Lamb Weston Holdings, Inc., McCain Foods Limited, The Kraft Heinz Company, and Farm Frites International B.V., are among the leading companies in the South America Frozen Potato market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
South America Frozen Potato Market, by Product
South America Frozen Potato Market – by End-User
South America Frozen Potato Market – by Country