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Potato Flour Market Trends, Dynamics, Supply, Demand, Consumption and Competitive Landscape Report, 2023: Radiant Insights, Inc.
To cater to rising demand for healthy food ingredients, manufacturing companies are investing in R&D activities to match consumer demand. For instance, Doves Farm Foods Limited offers gluten-free potato starch flour. The product is free from milk, gluten, egg, peanut, and soya. The flour is prepared from ingredients collected from more than one country and it is then packed in United Kingdom . In addition, this product is Kosher and Coeliac UK certified.
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On the basis of distribution channel, the market can be categorized into convenience stores, supermarket/hypermarkets, and online stores. Supermarkets/hypermarkets segment is expected to hold higher market share over the forecast period. Increasing investments by hypermarkets/supermarkets on merchandising to attract consumers is driving segment's growth. In addition, heavy discounts and lucrative offers are prompting consumers to shop from hypermarkets/supermarkets.
In terms of packaging, the Potato Flour market can be bifurcated into bulk packaging and retail packaging. Consumers do prefer retail packaging for household purposes as it is easy to carry. However, restaurants go for bulk packaging as per their requirement.
Regional segmentation includes Europe , North America , Latin America , Asia Pacific , and Middle East and Asia . Asia Pacific is anticipated to dominate the potato flour market and account for highest market share over the forecast period. This is attributed to high demand for bakery products such as cakes and breads in the region. In addition, China and India are the largest producers of potatoes in the world. Abundant availability of potatoes makes it easy for these countries to produce huge volume of flour and export it to other countries. This factor also contributes well to regional market growth.
North America is expected to witness significant potato flour market growth owing to rising consumption of gluten-free food products in the region. Increasing use of potato flour in baking products for its gluten-free properties is driving regional market growth. In addition, Untied States being one of the largest producers of potatoes in the world is also contributing well to growth of market.
In Europe , Germany , France , and Poland are the largest producers of potatoes. In 2018, Germany was the largest producers among all three. High production volumes are allowing European countries to ground enough flour for consumers. This factor is driving the market in the region.
Some of the leading companies operating in the potato flour market are Shiloh Farms, Bob's Red Mill , Doves Farm Foods Ltd, Anti grains food, and Authentic Foods.
o North America ( United States ,
Canada and Mexico )
o Europe ( Germany ,
France , UK, Russia and
Italy )
o Asia-Pacific ( China ,
Japan , Korea, India and
Southeast Asia )
o South America ( Brazil ,
Argentina , Columbia )
o Middle East and
Africa ( Saudi Arabia , UAE,
Egypt , Nigeria and
South Africa )
o AVEBE
o KMC
o bob
o King Arthur Flour
o Roquette
o Emsland
o Club House
o Keystone Potato Products
o Jamestown Mills
o Lyckeby
o Agrana
o Food sector
o Non-food sector
o Animal nutrition & feed
o Food
o Industrial use
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