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Base Year
Historical Year
Forecast Year
The India frozen potato products market attained a value of USD 1.77 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 17% to reach USD 7.23 billion by 2032.
India Frozen Potato Products Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 1.77 |
Market Size 2032 | USD Billion | 7.23 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 17.0% |
CAGR 2024-2032 - Market by Region | North India | 22.0% |
CAGR 2024-2032 - Market by Distribution Channel | Online | 19.4% |
CAGR 2024-2032 - Market by End Use | Institutional | 19.4% |
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Potatoes are associated with several health benefits and aid in improving blood sugar control, higher immunity, and reduced heart risk. The emergence of convenience stores and supermarkets has eased the availability of convenient ready-to-eat food, soaring the frozen potato industry. The penetration of fast-food chains such as McDonald’s, Wendy’s, Subway, KFC, Burger King, and Dominos, among others, contribute significantly to the market for frozen potatoes in India. The population in the urban cities has been exponentially growing owing to better opportunities and improved living standards. This has led to the emergence of the working middle class with high purchasing power and hectic schedules. Frozen potatoes provide the same benefits and taste like a fresh one and have a greater shelf-life, consequently aiding the market growth. Furthermore, snacks such as french fries and wedges have become increasingly popular in India, especially among the children and the youth, and are catalysing the industry growth for frozen potatoes.
Potatoes, a colonial legacy, are one of the most consumed vegetables in India and enjoy their presence in the most famous cuisines. Frozen potatoes are preserved in their natural form without the use of additional preservatives. They contain vitamin B6, fibre, magnesium, and antioxidants and are made from processing fresh potatoes at a low temperature. The nutrient content in frozen potato products is the same as fresh potato products and provides a suitable alternative to fresh foods.
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The major types of frozen potato products are:
The market can be broadly categorised on the basis of its end use into:
Based on the distribution channels, the market can be divided into:
The EMR report looks into the regional markets of frozen potato products like North India, Central and West India, South India, and East India.
CAGR 2024-2032 - Market by | Region |
North India | 22.0% |
Central and West India | XX% |
South India | XX% |
East India | XX% |
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The availability of a large number of varieties, flavours, and shapes of frozen potatoes products to choose from drives the market growth. The rise of the online retail sector has enabled the easy access of products in remote areas and further contributes to the market growth. Moreover, the advent of quick service restaurants and the increasing demand for frozen food are expected to propel the market growth. The surge of food delivery services like Swiggy, Zomato, and Uber Eats in the first and second-tier cities of India can increase the demand for both snacks and meals made up of frozen potatoes, further augmenting the industry growth.
Frozen foods not only offer convenience but also function as a token of westernisation in India. The availability of international frozen potato products in India boosts the market growth. Frozen potatoes are easy to not only prepare and consume but also reduces the preparation time significantly, and hence is suitable for busy and unskilled consumers, which invigorates the market growth. Various innovations such as the addition of Indian flavours to other flavours are also driving the market growth. Additionally, the evolving food preferences and changing consumer eating patterns also lubricate the market growth. Potatoes, particularly foods as wedges and French fries, however, have been largely associated with a higher risk of death. However, recent studies concluded that the products contain various health benefits if consumed in a limited quantity; such developments are expected to aid the market growth.
The report presents a detailed analysis of the following key players in the India frozen potato products market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by End Use |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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India Frozen Potato Products Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the India frozen potato products market attained a value of nearly USD 1.77 billion.
The market is projected to grow at a CAGR of 17% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 7.23 billion by 2032.
The major market drivers include the growing popularity of snacks such as French fries and wedges, expansion of convenience stores and fast-food chains, rapid urbanisation, and the rising demand for potato products with high shelf-stability.
The key trends guiding the market growth include the rise of the online retail sector and food delivery services and flavour innovations by key players.
The major regions in the market are North India, Central and West India, South India, and East India.
The major types of frozen potato products in the market are french fries, tikka, potato wedges, potato bites, and smileys, among others.
The various end uses of frozen potato products are institutional and retail.
The significant distribution channels in the market are supermarkets and hypermarkets, convenience store, speciality stores, and online, among others.
The major players in the market are McCain Foods Ltd., Hyfun Foods, Iscon Balaji Foods Private Limited, and Bhanu Farms Limited, among others.
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