USA Mashed Potato Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Application (Food Ingredient, Food Product, Snack, Culinary), By Form (Powder, Solid), By Distribution Channel (Foodservice, Retail), By States - Forecasts From 2023 To 2028
- Published : Feb 2023
- Report Code : KSI061614377
- Pages : 120
This is one of the easiest as well as most popular dishes in the fast-food world. Boiled or baked potatoes are mashed and added with milk, butter, and other spices. It is one of the most common dishes of the fast-food type and can also be used as a side dish or a base dish for main courses. The rise in demand for comfort foods, being relatively inexpensive and convenient and versatility are the factors that drive the growth of mashed potatoes in the United States of America. According to the United States Department of Agriculture, around 49.4 pounds of potatoes per person was consumed in 2019, out of which 41% was consumed through frozen items such as French fries and mashed potatoes.
Growth in potato production and consumption of fast food across the country boosts the growth of the mashed potato market.
Potato dishes such as French fries, chips, hash browns, and roasted as well as baked potatoes are highly popular in the country. However, mashed potatoes are the most consumed form of potatoes in the United States. Convenience, high availability, and versatility are a few of the reasons why it is consumed so much. According to the United States Department of Agriculture, Idaho produced nearly around 140,000 cwt of potatoes in 2021 making it the largest potato-producing state in the country. Washington and Wisconsin followed closely with around 90,000 cwt and 30,000 cwt of potato production in 2021. Texas and Florida were the lowest potato-producing states with nearly 10,000 cwt production in 2021. The total production was 410 million cwt in 2021. US$ 3.91 billion worth of potatoes were sold in 2021, which was an almost 7% increase from 2020. The potato retail sales increased in dollar sales by 17.8% from July – September 2022. The rise in demand and consumption of fast food due to its convenience and taste also lead to the growth of this market. According to reports from CDC between 2015-2018, around 36.3% of children and teenagers consumed fast food on a given day. The average percentage of calories consumed from fast food increased from 10.6% in 2010 to 18.0% in 2018.
Key developments
- The USDA announced in January 2023 that it will be providing funding of US$ 6.8 million for the Potatoes and Pests – Actionable Science Against Nematodes initiative.
- In September 2021, Idahoan Foods started a tour called “Mashed in America” to increase the sales of mashed potatoes by providing samples of the dish to sports fans and concertgoers. This will be the first immersive mashed potato experience.
- In January 2017, Pineland Farms Potato Company signed an agreement with Bob Evans Foods. This agreement states that Bob Evans Foods will acquire 100% of the stocks of Pineland Farms.
USA 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, Distribution Channel, And States |
Regions Covered | Idaho, Washington, Wisconsin, North Dakota, Others |
Companies Covered | Post Holding Inc, McCain Food USA Inc, Idahoan Foods LLC, Hormel Food LLC, Lamb Weston Inc, J.R Simplot Company, Kraft Hienz Company, Lemon Concentrate, Basic American Food, Pineland Farm Potato Company Inc |
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
- By States
- Idaho
- Washington
- Wisconsin
- North Dakota
- Others
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. USA MASHED POTATOES MARKET ANALYSIS, BY APPLICATION
5.1. Introduction
5.2. Food Ingredient
5.3. Food Product
5.4. Snack
5.5. Culinary
6. USA MASHED POTATOES MARKET ANALYSIS, BY FORM
6.1. Introduction
6.2. Powder
6.3. Solid
7. USA MASHED POTATOES MARKET ANALYSIS, BY DISTRIBUTION CHANNEL
7.1. Introduction
7.2. Foodservice
7.3. Retail
8. USA MASHED POTATOES MARKET ANALYSIS, BY STATES
8.1. Introduction
8.2. Idaho
8.3. Washington
8.4. Wisconsin
8.5. North Dakota
8.6. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. Post Holding Inc
10.2. McCain Food USA Inc
10.3. Idahoan Foods LLC
10.4. Hormel Food LLC
10.5. Lamb Weston Inc
10.6. J.R Simplot Company
10.7. Kraft Hienz Company
10.8. Lemon Concentrate
10.9. Basic American Food
10.10. Pineland Farm Potato Company Inc
Post Holding Inc
McCain Food USA Inc
Idahoan Foods LLC
Hormel Food LLC
J.R Simplot Company
Kraft Hienz Company
Lemon Concentrate
Basic American Food
Pineland Farm Potato Company Inc
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