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Wednesday 23 August 2017

Global Potato Flour Market: Surge in Demand of Processed Snacks, Enhanced Flavor and Digestibility to Propel Growth, finds TMR

The rising popularity of potato flour in the use of processed foods along with applications in a number of process industries such as textiles, paper production, and animal feed products, reports Transparency Market Research (TMR). In a report, titled “Potato Flour Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” TMR finds that the easy digestibility of potato, its flavor enhancing properties, and the mass production of potato all over the world, is likely to provide this market a significant impetus. The report will prove to be a vital analytical information to gear up potential investors in the global potato flour market.

The international potato market is anticipated to rise on account of the increasing demand for ready-to-eat and easy food items. The market is predicted to be open to a plethora of business opportunities due to potato flour being a modified starch. Potato flour, having an enhanced shelf life, rich in fiber and vitamin c, and consisting of flavonoids, is an extremely healthy option and is anticipated to find multitudes of applications in the food and beverage industry. The starch is also likely to be used as a stabilizer, as a raw material in weaving and processing cloth, as animal fodder, and in production of pharmaceuticals. Potato is also easy to digest, and helps in reduction of body fat. This could be another factor contributing to market popularity and growth. The market may be segmented on the basis of type, packaging, distribution channel, and region. Packaging of potato flour may be divided into bulk or retail packaging. On the basis of distribution channel, the industry may be classified into online stores, convenience stores, and hypermarket/supermarkets.

Geographically, the potato flour market may be classified into Asia Pacific, Europe, North America, Middle East &Africa and Latin America. Asia Pacific is predicted to achieve the highest growth amongst the regions. The rising opportunities witnessed in India and China is likely to emerge as a significant factor enabling growth, ascribing to the vast markets they present. North America and Europe are also expected to be huge markets for potato flour consumption.

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Lotus Foods, Bob’s Red Mill, Doves Farm Foods Ltd, Shiloh Farms, and Barry Farm Foods are some of the prominent companies operating in the global flour market. The report takes a look into what the game plan could be of the market players and possible new entrants, and provides some guidance of the possible vendor landscape of the worldwide potato flour market.


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