The Dehydrated Potato Market size was USD 5.51 billion in 2022 and is expected to Reach USD 9.37 billion by 2030 and grow at a CAGR of 6.9 % over the forecast period of 2023-2030.
Potatoes that are dehydrated by eliminating the majority of their moisture are used to make dehydrated potatoes. The potatoes are preserved during this process, and they become portable and simple to store. In order to prepare a range of foods, including french fries, potato chips, and mashed potatoes, dehydrated potatoes can be reconstituted by mixing them with water or milk.
Based on Form, the Dehydrated Potato Market is segmented into Flakes, Powder, Dice, Shreds, and Others. The powder segment dominated the global market with the highest CAGR of 8.5 % in 2022. In a variety of food preparations, such as ready-to-eat meals, baked goods, and other dishes, potato powder is frequently employed as a thickening ingredient.
Based on Nature, the market is segmented into organic and conventional potatoes. The conventional potatoes market category dominated the global market in 2022. Due to the wide range of applications for the commodity, commercial suppliers now offer dried potatoes in their most natural form. The conventional category is anticipated to represent a sizable portion of the global market.
KEY DRIVERS
Increased demand for ready-to-eat products
One of the primary drivers of the dehydrated potato market is the increased demand for Ready-To-Eat and convenience foods. These foods are simple to prepare and eat, which appeals to consumers who are looking for time-saving options. Consumers' increasing disposable income and rising urbanization have increased their spending on processed and Ready-To-Eat foods. Many Ready-To-Eat and convenience meals, such as potato chips, crisps, and instant mashed potatoes, contain dehydrated potatoes.
RESTRAIN
Fluctuation in prices of potato
The demand for dehydrated potatoes fluctuates with the season, the climate, the state of the economy, and consumer preferences. Additionally, the war has hampered Ukrainian exports, which has resulted in potato scarcity for a particular period. This is particularly valid for countries that depend heavily on Ukraine as a source of potatoes. Prices have increased as a result of this supply chain interruption. Since the beginning of the conflict, potato prices have risen.
OPPORTUNITY
Growing applications in the Processed food industry
Dehydrated potatoes are found in a wide range of processed foods, including instant mashed potatoes, frozen french fries, and potato chips. They are also found in soups, sauces, and other ready-to-eat dishes. Because of the increased demand for convenience foods, the processed food business is fast expanding. Dehydrated potatoes are an excellent fit for this demand since consumers want cuisine that is quick and easy to prepare. Dehydrated potatoes are also high in nutrients like carbs, fiber, and vitamins.
CHALLENGES
Growing health concerns about processed food
Customers are becoming more aware of the health dangers associated with processed foods, particularly dried potatoes. Eating processed foods increases your chance of heart disease, overweight, and other health problems, according to some research. As a result, customers may be unwilling to purchase processed foods such as dried potatoes. According to an International Food Information Council poll, 78% of Americans are aiming to consume more fresh fruits and vegetables, while 68% are concerned about the healthfulness of their meals.
According to data issued by the FAO, Ukraine produced 210 million tonnes of potatoes in 2021, placing the nation as the third largest producer in the world. Potato prices in Kyiv doubled from $0,17/kg to $0,34/kg as soon as the Russian aggression began, and they are currently at least 25–30% more than they were a year ago. First off, because of the occupation of the primary producing areas, the availability of domestically cultivated early potatoes will be reduced. Second, due to anticipated supply limitations, potato prices will be much higher right from the start of the marketing season.
The recession had a significant influence on dehydrated potato demand. Ukraine is one of the largest potato producers, accounting for approximately 7% of global output. interruption in the supply chain has resulted in supply interruption, which has resulted in price increases. Potato prices have been climbing since the beginning of the war and are expected to continue. Potato prices are predicted to rise 5-10% in 2023 as a result of a mix of reasons including the Russia-Ukraine conflict, rising fertilizer prices, and a poorer global economy.
By Form
Flakes
Powder
Dices
Shreds
Others
By Nature
Organic
Conventional
By Distribution Channel
Food Services
Retail Channel
The Asia Pacific Dehydrated Potato Market held a 46% share of the market in 2022. In addition, India’s and China’s dehydrated potato markets had the greatest market share. The potato is an essential product grown in this region as a source of food and revenue, particularly for farmers in mountainous locations with poor soil quality. The rising usage of potato starch as a binding ingredient in biscuits, dough, sauce, and cake mixes, and stew thickening is driving up demand in the region. Dehydrated potato flakes are utilized as snack ingredients in retail mashed potato products, while potato flour is used to bind meat mixes and thicken soups and gravies.
Europe's regional dehydrated potato industry retained a substantial market share in 2022. The United Kingdom is expected to outpace other countries due to rising demand for prepared foods and snacks, as well as the expansion of the region's fast-food business. The increase in the number of working people has increased the demand for convenience foods and aided the growth of this sector of the economy. The Dehydrated Potato Market in the United Kingdom grew the fastest in the European region, while the German Dehydrated Potato Market held the largest market share.
The North American food processing business in the United States is quickly expanding, which benefits regional market growth. As demand for instant salads and soups grows, the United States has the region's greatest market share. For consumers worried about additives, potato manufacturers in the United States offer clean-label dehydrated solutions.
REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some major key players in the Dehydrated Potato Market are McCain Foods, s, Lamb Weston, Augason Farms, Pacific Valley Foods, Birkamidon, J.R. Short Milling, Idaho Supreme Potatoes, Idahoan Foods, Rohstoffhandels GmbH, Rixona B.V., and other key players.
In 2023, Pringles announced the addition of four new Harvest Blends flavors to its Sweet Potato Chips range, which contain dehydrated ingredients.
In 2022, McCain purchased Lutosa, a potato processing company, and established a new flakes plant in Belgium. McCain Foods has invested USD 44.7 million in the venture. The new plant would assist in fulfilling the growing global demand for dehydrated items, improving working conditions, and expanding product offerings.
In 2022, The Texas A&M Potato Breeding Program introduced two new potato varieties into the French fry market. The breeding facility has determined that the COTX08063-2Ru variety potato clone has a high starch and high gravity species. The demand for French fries is rising in Texas, which has led to increased production of high-starch potatoes that make tasty French fries. Additionally, processed foods like chips and dry potatoes are made with these potatoes.
Report Attributes | Details |
Market Size in 2022 | US$ 5.51 Billion |
Market Size by 2030 | US$ 9.37 Billion |
CAGR | CAGR of 6.9 % From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2019-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Form (Flakes, Powder, Dices, Shreds, and Others) • By Nature (Organic and Conventional) • By Distribution Channel (Food Services and Retail Channel) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
Company Profiles | McCain Foods, s, Lamb Weston, Augason Farms, Pacific Valley Foods, Birkamidon, J.R. Short Milling, Idaho Supreme Potatoes, Idahoan Foods, Rohstoffhandels GmbH, Rixona B.V. |
Key Drivers | • Increased demand for ready-to-eat products |
Market Restrain | • Fluctuation in prices of potato |
Ans: Dehydrated Potato Market is anticipated to expand by 6.9 % from 2023 to 2030.
Ans: Dehydrated Potato Market size was valued at USD 5.51 billion in 2022
Ans: Drivers are increased demand for ready-to-eat products
Ans: Challenges are Growing health concerns about processed food will hamper demand for dehydrated potatoes.
Ans: Asia Pacific region dominate the Dehydrated Potato Market in 2022
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on Major Economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Dehydrated Potato Market Segmentation, By Form
8.1 Flakes
8.2 Powder
8.3 Dices
8.4 Shreds
8.5 Others
9. Dehydrated Potato Market Segmentation, By Nature
9.1 Organic
9.2 Conventional
10. Dehydrated Potato Market Segmentation, By Distribution Channel
10.1 Food Services
10.2 Retail Channel
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Dehydrated Potato Market by Country
11.2.2 North America Dehydrated Potato Market by Form
11.2.3 North America Dehydrated Potato Market by Nature
11.2.4 North America Dehydrated Potato Market by Distribution Channel
11.2.5 USA
11.2.5.1 USA Dehydrated Potato Market by Form
11.2.5.2 USA Dehydrated Potato Market by Nature
11.2.5.3 USA Dehydrated Potato Market by Distribution Channel
11.2.6 Canada
11.2.6.1 Canada Dehydrated Potato Market by Form
11.2.6.2 Canada Dehydrated Potato Market by Nature
11.2.6.3 Canada Dehydrated Potato Market by Distribution Channel
11.2.7 Mexico
11.2.7.1 Mexico Dehydrated Potato Market by Form
11.2.7.2 Mexico Dehydrated Potato Market by Nature
11.2.7.3 Mexico Dehydrated Potato Market by Distribution Channel
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Dehydrated Potato Market by Country
11.3.1.2 Eastern Europe Dehydrated Potato Market by Form
11.3.1.3 Eastern Europe Dehydrated Potato Market by Nature
11.3.1.4 Eastern Europe Dehydrated Potato Market by Distribution Channel
11.3.1.5 Poland
11.3.1.5.1 Poland Dehydrated Potato Market by Form
11.3.1.5.2 Poland Dehydrated Potato Market by Nature
11.3.1.5.3 Poland Dehydrated Potato Market by Distribution Channel
11.3.1.6 Romania
11.3.1.6.1 Romania Dehydrated Potato Market by Form
11.3.1.6.2 Romania Dehydrated Potato Market by Nature
11.3.1.6.4 Romania Dehydrated Potato Market by Distribution Channel
11.3.1.7 Turkey
11.3.1.7.1 Turkey Dehydrated Potato Market by Form
11.3.1.7.2 Turkey Dehydrated Potato Market by Nature
11.3.1.7.3 Turkey Dehydrated Potato Market by Distribution Channel
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Dehydrated Potato Market by Form
11.3.1.8.2 Rest of Eastern Europe Dehydrated Potato Market by Nature
11.3.1.8.3 Rest of Eastern Europe Dehydrated Potato Market by Distribution Channel
11.3.2 Western Europe
11.3.2.1 Western Europe Dehydrated Potato Market by Form
11.3.2.2 Western Europe Dehydrated Potato Market by Nature
11.3.2.3 Western Europe Dehydrated Potato Market by Distribution Channel
11.3.2.4 Germany
11.3.2.4.1 Germany Dehydrated Potato Market by Form
11.3.2.4.2 Germany Dehydrated Potato Market by Nature
11.3.2.4.3 Germany Dehydrated Potato Market by Distribution Channel
11.3.2.5 France
11.3.2.5.1 France Dehydrated Potato Market by Form
11.3.2.5.2 France Dehydrated Potato Market by Nature
11.3.2.5.3 France Dehydrated Potato Market by Distribution Channel
11.3.2.6 UK
11.3.2.6.1 UK Dehydrated Potato Market by Form
11.3.2.6.2 UK Dehydrated Potato Market by Nature
11.3.2.6.3 UK Dehydrated Potato Market by Distribution Channel
11.3.2.7 Italy
11.3.2.7.1 Italy Dehydrated Potato Market by Form
11.3.2.7.2 Italy Dehydrated Potato Market by Nature
11.3.2.7.3 Italy Dehydrated Potato Market by Distribution Channel
11.3.2.8 Spain
11.3.2.8.1 Spain Dehydrated Potato Market by Form
11.3.2.8.2 Spain Dehydrated Potato Market by Nature
11.3.2.8.3 Spain Dehydrated Potato Market by Distribution Channel
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Dehydrated Potato Market by Form
11.3.2.9.2 Netherlands Dehydrated Potato Market by Nature
11.3.2.9.3 Netherlands Dehydrated Potato Market by Distribution Channel
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Dehydrated Potato Market by Form
11.3.2.10.2 Switzerland Dehydrated Potato Market by Nature
11.3.2.10.3 Switzerland Dehydrated Potato Market by Distribution Channel
11.3.2.11.1 Austria
11.3.2.11.2 Austria Dehydrated Potato Market by Form
11.3.2.11.3 Austria Dehydrated Potato Market by Nature
11.3.2.11.4 Austria Dehydrated Potato Market by Distribution Channel
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Dehydrated Potato Market by Form
11.3.2.12.2 Rest of Western Europe Dehydrated Potato Market by Nature
11.3.2.12.3 Rest of Western Europe Dehydrated Potato Market by Distribution Channel
11.4 Asia-Pacific
11.4.1 Asia-Pacific Dehydrated Potato Market by Country
11.4.2 Asia-Pacific Dehydrated Potato Market by Form
11.4.3 Asia-Pacific Dehydrated Potato Market by Nature
11.4.4 Asia-Pacific Dehydrated Potato Market by Distribution Channel
11.4.5 China
11.4.5.1 China Dehydrated Potato Market by Form
11.4.5.2 China Dehydrated Potato Market by Distribution Channel
11.4.5.3 China Dehydrated Potato Market by Nature
11.4.6 India
11.4.6.1 India Dehydrated Potato Market by Form
11.4.6.2 India Dehydrated Potato Market by Nature
11.4.6.3 India Dehydrated Potato Market by Distribution Channel
11.4.7 Japan
11.4.7.1 Japan Dehydrated Potato Market by Form
11.4.7.2 Japan Dehydrated Potato Market by Nature
11.4.7.3 Japan Dehydrated Potato Market by Distribution Channel
11.4.8 South Korea
11.4.8.1 South Korea Dehydrated Potato Market by Form
11.4.8.2 South Korea Dehydrated Potato Market by Nature
11.4.8.3 South Korea Dehydrated Potato Market by Distribution Channel
11.4.9 Vietnam
11.4.9.1 Vietnam Dehydrated Potato Market by Form
11.4.9.2 Vietnam Dehydrated Potato Market by Nature
11.4.9.3 Vietnam Dehydrated Potato Market by Distribution Channel
11.4.10 Singapore
11.4.10.1 Singapore Dehydrated Potato Market by Form
11.4.10.2 Singapore Dehydrated Potato Market by Nature
11.4.10.3 Singapore Dehydrated Potato Market by Distribution Channel
11.4.11 Australia
11.4.11.1 Australia Dehydrated Potato Market by Form
11.4.11.2 Australia Dehydrated Potato Market by Nature
11.4.11.3 Australia Dehydrated Potato Market by Distribution Channel
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Dehydrated Potato Market by Form
11.4.12.2 Rest of Asia-Pacific Dehydrated Potato Market by Nature
11.4.12.3 Rest of Asia-Pacific Dehydrated Potato Market by Distribution Channel
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Dehydrated Potato Market by Country
11.5.1.2 Middle East Dehydrated Potato Market by Form
11.5.1.3 Middle East Dehydrated Potato Market by Nature
11.5.1.4 Middle East Dehydrated Potato Market by Distribution Channel
11.5.1.5 UAE
11.5.1.5.1 UAE Dehydrated Potato Market by Form
11.5.1.5.2 UAE Dehydrated Potato Market by Nature
11.5.1.5.3 UAE Dehydrated Potato Market by Distribution Channel
11.5.1.6 Egypt
11.5.1.6.1 Egypt Dehydrated Potato Market by Form
11.5.1.6.2 Egypt Dehydrated Potato Market by Nature
11.5.1.6.3 Egypt Dehydrated Potato Market by Distribution Channel
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Dehydrated Potato Market by Form
11.5.1.7.2 Saudi Arabia Dehydrated Potato Market by Nature
11.5.1.7.3 Saudi Arabia Dehydrated Potato Market by Distribution Channel
11.5.1.8 Qatar
11.5.1.8.1 Qatar Dehydrated Potato Market by Form
11.5.1.8.2 Qatar Dehydrated Potato Market by Nature
11.5.1.8.3 Qatar Dehydrated Potato Market by Distribution Channel
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Dehydrated Potato Market by Form
11.5.1.9.2 Rest of Middle East Dehydrated Potato Market by Nature
11.5.1.9.3 Rest of Middle East Dehydrated Potato Market by Distribution Channel
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by Country
11.5.2.2 Africa Dehydrated Potato Market by Form
11.5.2.3 Africa Dehydrated Potato Market by Nature
11.5.2.4 Africa Dehydrated Potato Market by Distribution Channel
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Dehydrated Potato Market by Form
11.5.2.5.2 Nigeria Dehydrated Potato Market by Nature
11.5.2.5.3 Nigeria Dehydrated Potato Market by Distribution Channel
11.5.2.6 South Africa
11.5.2.6.1 South Africa Dehydrated Potato Market by Form
11.5.2.6.2 South Africa Dehydrated Potato Market by Nature
11.5.2.6.3 South Africa Dehydrated Potato Market by Distribution Channel
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Dehydrated Potato Market by Form
11.5.2.7.2 Rest of Africa Dehydrated Potato Market by Nature
11.5.2.7.3 Rest of Africa Dehydrated Potato Market by Distribution Channel
11.6 Latin America
11.6.1 Latin America Dehydrated Potato Market by Country
11.6.2 Latin America Dehydrated Potato Market by Form
11.6.3 Latin America Dehydrated Potato Market by Nature
11.6.4 Latin America Dehydrated Potato Market by Distribution Channel
11.6.5 Brazil
11.6.5.1 Brazil Dehydrated Potato Market by Form
11.6.5.2 Brazil Dehydrated Potato Market by Nature
11.6.5.3 Brazil Dehydrated Potato Market by Distribution Channel
11.6.6 Argentina
11.6.6.1 Argentina Dehydrated Potato Market by Form
11.6.6.2 Argentina Dehydrated Potato Market by Nature
11.6.6.3 Argentina Dehydrated Potato Market by Distribution Channel
11.6.7 Colombia
11.6.7.1 Colombia Dehydrated Potato Market by Form
11.6.7.2 Colombia Dehydrated Potato Market by Nature
11.6.7.3 Colombia Dehydrated Potato Market by Distribution Channel
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Dehydrated Potato Market by Form
11.6.8.2 Rest of Latin America Dehydrated Potato Market by Nature
11.6.8.3 Rest of Latin America Dehydrated Potato Market by Distribution Channel
12. Company profile
12.1 McCain Foods
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Basic American Foods
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Lamb Weston
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Augason Farms
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Pacific Valley Foods
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Birkamidon
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 J.R. Short Milling
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Idaho Supreme Potatoes
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Idahoan Foods
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Rohstoffhandels GmbH
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
12.11 Rixona B.V.
12.11.1 Company Overview
12.11.2 Financials
12.11.3 Product/Services Offered
12.11.4 SWOT Analysis
12.11.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Fortified Foods Market size was valued at USD 122.07 Billion in 2023 and is expected to reach USD 249.03 Billion by 2032 and grow at a CAGR of 8.27% over the forecast period of 2024-2032.
The Food Sterilization Equipment Market size was USD 868 million in 2022 and is expected to Reach USD 1404.4 million by 2030 and grow at a CAGR of 6.2 % over the forecast period of 2023-2030.
The Wine Production Machinery Market size was USD 2.5 billion in 2023 and is expected to Reach USD 3.7 billion by 2032 and grow at a CAGR of 4.5% over the forecast period of 2024-2032.
The Fruit and Vegetable Processing Market size was USD 8.59 billion in 2022 and is expected to Reach USD 14.0 billion by 2030 and grow at a CAGR of 6.3% over the forecast period of 2023-2030.
The Fiber Supplements Market size was valued at USD 19.68 billion in 2023 and is expected to grow to USD 34.40 billion by 2032, growing at a CAGR of 6.4% over the forecast period of 2024-2032.
The Protein Crisps Market size was USD 3.01 billion in 2023 and is expected to Reach USD 8.62 billion by 2032 and grow at a CAGR of 12.4% over the forecast period of 2024-2032.
Hi! Click one of our member below to chat on Phone