The Europe frozen sweet potato hash brown and tater shots market is expected to grow from US$ 35.97 million in 2023 to US$ 54.42 million by 2030. It is estimated to grow at a CAGR of 6.1% from 2023 to 2030.
Growing Popularity of Plant-Based Frozen Products Drive Europe Frozen Sweet Potato Hash Brown and Tater Shots Market
In recent years, consumers have adopted plant-based diets and food products containing vegetables with high fiber and nutritional value. Plant-based frozen food are convenient and accessible means of superfoods that contains healthy food ingredients. Increasing consumer awareness regarding environmental impact of animal slaughtering, animal welfare concerns, and rising focus on sustainable food options has led to a rise in the demand for plant-based food compared to meat products. The proliferation of veganism across the globe is widely influencing innovations in the frozen food sector. The growing adoption of a plant-based diet has prompted manufacturers to develop healthy and nutritious plant-based alternatives to conventional frozen food products such as hash brown and tater shots. Thus, the growing inclination toward plant-based frozen food has prompted manufacturers to expand product offerings, which is expected to fuel the Europe frozen sweet potato hash brown and tater shots market growth during the forecast period.
Europe Frozen Sweet Potato Hash Brown and Tater Shots Market Overview
The Europe frozen sweet potato hash brown and tater shots market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The Europe frozen sweet potato hash brown and tater shots market growth is attributed to the rising demand for convenience food, well-established food retail infrastructure, and availability of a wide range of products across different distribution channels. Moreover, the presence of consumers with high per-capita income is also driving the demand for frozen food, such as frozen meals and snacks. According to a report published by the CBI Ministry of Foreign Affairs in 2023, a total of 32,738.65 tons of freshly cut and frozen sweet potato products were imported into the UK in 2021. Also, the consumption of fresh and processed sweet potatoes increased from approximately 22,046.23 tons in 2017 to 44,092.45 tons in 2021. Thus, the rising import and consumption volume of pre-processed sweet potatoes indicates the mature market for processed sweet potatoes in the UK, as well as significant growth across the processing industry of frozen fries, frozen tater shots, and ready-made meals.
Europe Frozen Sweet Potato Hash Brown and Tater Shots Market Revenue and Forecast to 2030 (US$ Million)
Europe Frozen Sweet Potato Hash Brown and Tater Shots Market Segmentation
The Europe frozen sweet potato hash brown and tater shots market is segmented into product type, end use, and country.
Based on product type, the Europe frozen sweet potato hash brown and tater shots market is bifurcated into hash brown and tater shots. In 2023, the tater shots segment registered a larger share in the Europe frozen sweet potato hash brown and tater shots market.
Based on end use, the Europe frozen sweet potato hash brown and tater shots market is bifurcated into residential and commercial. In 2023, the commercial registered a larger share in the Europe frozen sweet potato hash brown and tater shots market.
Based on country, the Europe frozen sweet potato hash brown and tater shots market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. In 2023, the Rest of Europe segment registered the largest share in the Europe frozen sweet potato hash brown and tater shots market.
Lamb Weston Holdings Inc, J.R. Simplot Company, Handy Food Innovation Ltd, and Conagra Brands Inc are some of the leading companies operating in the Europe frozen sweet potato hash brown and tater shots market.
Europe Frozen Sweet Potato Hash Brown and Tater Shots Market Strategic Insights
Get more information on this report
Europe Frozen Sweet Potato Hash Brown and Tater Shots Market Segmentation Analysis
Europe Frozen Sweet Potato Hash Brown and Tater Shots Market Report Highlights
Europe Frozen Sweet Potato Hash Brown and Tater Shots Report Scope
Report Attribute
Details
Market size in 2023
US$ 35.97 Million
Market Size by 2030
US$ 54.42 Million
CAGR (2023 - 2030)
6.1%
Historical Data
2021-2022
Forecast period
2024-2030
Segments Covered
By Product Type
Hash Brown and Tater Shots
By End Use
Residential and Commercial
Regions and Countries Covered
Europe
UK, Germany, France, Russia, Italy, Rest of Europe
Market leaders and key company profiles
Conagra Brands Inc
Handy Food Innovation Ltd
J.R. Simplot Company
Lamb Weston Holdings Inc
Get more information on this report
Europe Frozen Sweet Potato Hash Brown and Tater Shots Market Country and Regional Insights
Get more information on this report
Identical Market Reports with other Region/Countries
The List of Companies - Europe Frozen Sweet Potato Hash Brown and Tater Shots Market
Conagra Brands Inc
Handy Food Innovation Ltd
J.R. Simplot Company
Lamb Weston Holdings Inc
Frequently Asked Questions
How big is the Europe Frozen Sweet Potato Hash Brown and Tater Shots Market?
The Europe Frozen Sweet Potato Hash Brown and Tater Shots Market is valued at US$ 35.97 Million in 2023, it is projected to reach US$ 54.42 Million by 2030.
What is the CAGR for Europe Frozen Sweet Potato Hash Brown and Tater Shots Market by (2023 - 2030)?
As per our report Europe Frozen Sweet Potato Hash Brown and Tater Shots Market, the market size is valued at US$ 35.97 Million in 2023, projecting it to reach US$ 54.42 Million by 2030. This translates to a CAGR of approximately 6.1% during the forecast period.
What segments are covered in this report?
The Europe Frozen Sweet Potato Hash Brown and Tater Shots Market report typically cover these key segments-
Product Type (Hash Brown and Tater Shots)
End Use (Residential and Commercial)
What is the historic period, base year, and forecast period taken for Europe Frozen Sweet Potato Hash Brown and Tater Shots Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Frozen Sweet Potato Hash Brown and Tater Shots Market report:
Historic Period : 2021-2022
Base Year : 2023
Forecast Period : 2024-2030
Who are the major players in Europe Frozen Sweet Potato Hash Brown and Tater Shots Market?
The Europe Frozen Sweet Potato Hash Brown and Tater Shots Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Conagra Brands Inc
Handy Food Innovation Ltd
J.R. Simplot Company
Lamb Weston Holdings Inc
Who should buy this report?
The Europe Frozen Sweet Potato Hash Brown and Tater Shots Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Europe Frozen Sweet Potato Hash Brown and Tater Shots Market value chain can benefit from the information contained in a comprehensive market report.
Get Free Sample For Europe Frozen Sweet Potato Hash Brown and Tater Shots Market
