Mashed potatoes are one of the most popular and convenient types of fast food. There is a constant rise in its popularity all around the world. Baked or boiled potatoes are mashed and added with milk and butter along with other spices and served as the base dish or a side dish. Statistics Canada has reported the production of potatoes in the country in 2022 at 122,970,000 hundredweights. This represents a slight increase of 956,000 hundredweight, or 0.8%, compared to 2021, due to increased planted acres and yields in some regions of the country. Its versatility and convenience, the growing demand for fast food, as well as the increased production of potatoes, are some of the factors that drive the growth of this market in Canada.
The growth of production and consumption of potatoes in Canada is a key driving factor of the mashed potato market in the country.
According to reports by USDA’s Foreign Agricultural Service, the production of potatoes in Canada between 2014 and 2019 increased from 46,44,093 metric tons to 47,50,000 metric tons. The production of potatoes was the highest in 2018 reaching 48,22,267 metric tons. There was an increase of 5.95% between 2014 and 2019 in the production of potatoes used specifically for processed items such as French fries, chips, hash browns, and mashed potato dishes. Potatoes used for processing have shown a consistent increase between these years. 3.03 million metric tons of potatoes used for processing were produced in 2019. Mashed potatoes and French fries were the most popular types of processed products. According to Statistics Canada, Global Trade Atlas & Post Estimates, production of frozen potato products which include mashed potatoes, potato cakes, French fries, etc. increased from 11,18,610 metric tons in 2014 to 11,85,300 metric tons in 2019. Similarly, there was an increase in the import of frozen potato products from 41,735 metric tons in 2014 to 51,000 metric tons in 2019.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Growth Rate | CAGR during the forecast period |
| Base Year | 2021 |
| Forecast Period | 2023–2028 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered | Application, Form, And Distribution Channel |
| Companies Covered | McCain Food Limited, Idaho Pacific Holding, Lamb Weston Inc, J.R Simplot Company, Kraft Heinz Canada, Betty Crocker, Basic American Food |
| Customization Scope | Free report customization with purchase |
Segmentation