Spain Mashed Potato Market Size, Share, Opportunities, And Trends By Application (Food Ingredient, Food Product, Snack, Culinary), By Form (Powder, Solid), By Distribution Channel (Foodservice, Retail) - Forecasts From 2023 To 2028

  • Published : Feb 2023
  • Report Code : KSI061614420
  • Pages : 124

Mashed potatoes are a popular dish in many countries, particularly in North America and the United Kingdom, where they are often served as a side dish with meat and vegetables. They are also a common comfort food and are enjoyed by many people for their creamy, smooth texture and versatility. Mashed potatoes are not a traditional dish in Spain, but they are sometimes served in restaurants that cater to international cuisine or in homes where it is a personal preference. In Spanish cuisine, potatoes are often served in other forms such as tortilla de patatas (potato omelette) or patatas bravas (fried potatoes with a spicy tomato sauce). Spain has made significant agricultural advancements in recent years, particularly in the areas of irrigation, mechanization, and precision agriculture. The use of advanced technologies, such as precision irrigation and GPS-guided machinery, has helped to increase crop yields and reduce water usage. Like many other countries, Spain has seen a shift towards processed foods in recent years due to the convenience they offer. Processed foods can be quick and easy to prepare, making them a popular choice for busy individuals and families. These factors combine to drive the growth of the mashed potato market in the country. The Spanish mashed potato market may experience substantial growth in the near future, largely due to the country's growing population. The population of Spain has consistently increased from 46,576,897 in 2010 to 47,415,750 in 2021, according to World Bank. This rise in population is a crucial factor in the projected growth of the mashed potato market in the country.

The burgeoning potato production and consumption in Spain is a prime driver of the mashed potato market's expansion in the country.

Potatoes thrive in Spain thanks to the country's favorable climate, especially in the northern regions where mild temperatures and abundant rainfall create ideal growing conditions. Furthermore, Spain has made significant progress in precision agriculture, irrigation, and mechanization, resulting in higher crop yields and more efficient potato farming. The availability of advanced technologies has also made potato farming easier and more profitable for many Spanish farmers. FAO data reveals that potato production in the country grew from 2.19 million tonnes in 2012 to 2.26 million tonnes in 2019. Similarly, there has been an increase in potato yields in the country too.  FAO data indicates that the potato yields in the country have increased from 29.39 tonnes per hectare in 2010 to 33.90 tonnes per hectare in 2019. This is an increase of nearly 15.34% within the span of 9 years. Also, using sweet potato in mashed potato is not a traditional approach, but it is a popular variation often served as a side dish. This dish has a different taste and texture due to the natural sweetness and denser texture of sweet potatoes. Spain's sweet potato production has been on the rise, with a notable increase from 22,506.00 tonnes in 2010 to 62,302.00 tonnes in 2017, according to FAO data. This trend of growth has continued, indicating a promising future for the mashed potato industry in Spain. In 2020, potato consumption per capita in Spain was 58.4 kg, as per Faostat. Among the 161 countries monitored for the interest rate on potato consumption per capita, Spain was ranked 34th. Additionally, according to the United States Department of Agriculture (USDA) Economic Research Service, Spain's total agricultural output has increased from US$ 47.64 billion in 2010 to US$ 53.01 billion in 2019. These factors contribute to the growth of the mashed potato industry in Spain.

Spain Mashed Potato Market Scope:

 

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, Pomuni 
 Customization Scope  Free report customization with purchase

 

Segmentation

  • BY APPLICATION
    • Food Ingredient
    • Food Product
    • Snack
    • Culinary
  • BY FORM
    • Powder
    • Solid
  • BY DISTRIBUTION CHANNEL
    • Foodservice
    • Retail

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Market Opportunities

4.4. Porter’s Five Force Analysis

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Power of Buyers

4.4.3. Threat of New Entrants

4.4.4. Threat of Substitutes

4.4.5. Competitive Rivalry in the Industry

4.5. Industry Value Chain Analysis

5. SPAIN MASHED POTATOES  MARKET ANALYSIS, BY APPLICATION

5.1. Introduction

5.2. Food Ingredient

5.3. Food Product

5.4. Snack

5.5. Culinary

6. SPAIN MASHED POTATOES MARKET ANALYSIS, BY FORM

6.1. Introduction

6.2. Powder

6.3. Solid

7. SPAIN MASHED POTATOES MARKET ANALYSIS, BY DISTRIBUTION CHANNEL

7.1. Introduction

7.2. Foodservice

7.3. Retail

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

9.1. McCain Food Limited 

9.2. Pomuni 


McCain Food Limited

Pomuni