Potato Market Size and Share

Potato Market (2025 - 2030)
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Potato Market Analysis by Mordor Intelligence

The potato market size stood at USD 120 billion in 2025 and is forecast to expand to USD 145 billion by 2030, registering a 3.9% CAGR over the period. Rising demand from frozen processors, aggressive quick-service restaurant expansion, and adoption of climate-smart agronomy keep volumes growing even as weather shocks and regulatory costs create pricing volatility. Processors are locating new plants closer to croplands to trim freight costs, while growers invest in controlled-environment seed systems that lift yields and reduce disease losses. Government-backed breeding programs for drought and heat tolerance are gaining momentum in Africa, South Asia, and parts of Europe. Together, these forces are reshaping trade flows, prompting exporters to pivot toward higher-value cuts and organic offerings as consumer preferences shift toward premium and sustainably grown products.

Key Report Takeaways

  • By consumption volume, Asia-Pacific commanded 50.3% of global potato demand in 2024; Africa is anticipated to register the highest 5.3% CAGR through 2030.

Geography Analysis

Asia-Pacific retains 50.3% of worldwide potato consumption in 2024. China’s 95.6 million-ton crop and India’s surge in new processing lines approved by the Ministry of Food Processing Industries underpin the region’s dominance and accelerate demand for on-farm cold storage and logistics upgrades[3]Source: Ministry of Food Processing Industries, “Approved Mega Food Parks and Processing Lines 2024-25,” mofpi.gov.in. The Ministry of Commerce confirmed that McDonald’s China subsidiary secured foreign-investment clearance for a network expansion to 10,000 outlets by 2028, a move anticipated to lock in long-term contracts for fries-grade potatoes[4].Source: Ministry of Commerce of the People’s Republic of China, “Foreign Investment Projects Catalogue 2025,” mofcom.gov.cn Regional growth over the next five years will rely on the rollout of aeroponic seed units and sensor platforms to smaller producers, initiatives already funded through the Asian Development Bank’s AgriTech corridor program.

Africa delivers the fastest regional gains, with 5.3% CAGR through 2030. Nigeria’s National Bureau of Statistics attributes rising output to government-financed irrigation corridors in Kaduna and Plateau States that lifted yields 18% over two seasons. Kenya’s Ministry of Agriculture reports that distribution of foundation seed from aeroponic hubs increased certified-seed use among smallholders from 5% to 18% in 2024, translating into a 22% yield jump. South Africa’s Department of Trade, Industry and Competition cleared two greenfield processing plants that will double national frozen-fries capacity by 2026, while Egypt’s General Authority for Investment approved incentives that encourage multinational processors to locate cold-chain warehouses near Red Sea ports. Sustained growth hinges on timely road and cold-storage upgrades under the African Development Bank’s Special Agro-Industrial Processing Zone program.

Russia’s Federal State Statistics Service reported that adverse weather cut the 2024 harvest 14.5% to 7.3 million metric tons, underscoring climate risk across the wider region. Maintaining competitiveness through 2030 will require deeper uptake of regenerative farming methods supported by the EU Common Agricultural Policy and rapid deployment of heat-tolerant cultivars certified by the Community Plant Variety Office.

Potato Market CAGR (%), Growth Rate by Region
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Recent Industry Developments

  • December 2024: McCain Foods completed its EUR 350 million (USD 385 million) regenerative agriculture market rollout covering 71% of growers.
  • October 2024: EarthFresh acquired Mountain King Potatoes, widening U.S. retail distribution

Table of Contents for Potato Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising demand from frozen potato product processors
    • 4.2.2 Growth in quick-service restaurant chains
    • 4.2.3 Government support for climate-smart potato breeding
    • 4.2.4 Expansion of controlled-environment agriculture for seed potatoes
    • 4.2.5 Increasing adoption of regenerative farming practices
    • 4.2.6 Emerging carbon-credit revenue streams for growers
  • 4.3 Market Restraints
    • 4.3.1 Volatility of farm-gate prices due to weather shocks
    • 4.3.2 Stringent pesticide residue regulations
    • 4.3.3 Supply-chain disruptions from geopolitical conflicts
    • 4.3.4 Rising competition from alternative carbohydrates (e.g., cassava)
  • 4.4 Value and Supply-Chain Analysis
  • 4.5 PESTLE Analysis
  • 4.6 Regulatory Landscape
  • 4.7 Technological Outlook

5. Market Size and Growth Forecasts (Value and Volume)

  • 5.1 By Geography (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis)
    • 5.1.1 North America
    • 5.1.1.1 United States
    • 5.1.1.2 Canada
    • 5.1.1.3 Mexico
    • 5.1.2 South America
    • 5.1.2.1 Brazil
    • 5.1.2.2 Argentina
    • 5.1.3 Europe
    • 5.1.3.1 Russia
    • 5.1.3.2 France
    • 5.1.3.3 United Kingdom
    • 5.1.3.4 Italy
    • 5.1.3.5 Germany
    • 5.1.3.6 Spain
    • 5.1.3.7 Belgium
    • 5.1.3.8 Netherlands
    • 5.1.4 Asia-Pacific
    • 5.1.4.1 China
    • 5.1.4.2 Japan
    • 5.1.4.3 India
    • 5.1.5 Middle East
    • 5.1.5.1 Turkey
    • 5.1.5.2 Iran
    • 5.1.6 Africa
    • 5.1.6.1 South Africa
    • 5.1.6.2 Egypt

6. Competitive Landscape

  • 6.1 List of Stakeholders
    • 6.1.1 McCain Foods Limited
    • 6.1.2 J. R. Simplot Company
    • 6.1.3 Lamb Weston Holdings, Inc.
    • 6.1.4 PepsiCo, Inc. – Frito-Lay Division
    • 6.1.5 Aviko B.V.
    • 6.1.6 Farm Frites International B.V.
    • 6.1.7 HZPC Holding B.V.
    • 6.1.8 Agrico U.A.
    • 6.1.9 Black Gold Farms, Inc.
    • 6.1.10 Parkland Potato Varieties Ltd.
    • 6.1.11 Albert Bartlett and Sons Limited
    • 6.1.12 Wada Farms Marketing Group, LLC
    • 6.1.13 Idahoan Foods, LLC
    • 6.1.14 Stet Holland B.V.
    • 6.1.15 Patatas Meléndez S.L.

7. Market Opportunities and Future Outlook

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Global Potato Market Report Scope

Potato (Solanum tuberosum) is a tuber crop that originates from tropical areas of high altitudes.

The Potato Market is segmented by Geography into North America, Europe, Asia-Pacific, South America, and Africa. The report includes the Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis of potatoes globally. The report offers market estimation and forecast in value (USD thousand) and volume (metric ton).

By Geography (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis)
North America United States
Canada
Mexico
South America Brazil
Argentina
Europe Russia
France
United Kingdom
Italy
Germany
Spain
Belgium
Netherlands
Asia-Pacific China
Japan
India
Middle East Turkey
Iran
Africa South Africa
Egypt
By Geography (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis) North America United States
Canada
Mexico
South America Brazil
Argentina
Europe Russia
France
United Kingdom
Italy
Germany
Spain
Belgium
Netherlands
Asia-Pacific China
Japan
India
Middle East Turkey
Iran
Africa South Africa
Egypt
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Key Questions Answered in the Report

How large is the potato market in 2025?

The potato market size reached USD 120 billion in 2025 and is forecast to grow at a 3.9% CAGR to reach USD 145 billion by 2030.

Which region leads global consumption?

Asia-Pacific holds the largest consumption share at 50.3%, powered by large-scale production in China and India.

Why do processors favor contract farming?

Contracts secure uniform tuber quality, lower procurement risk, and allow processors to align agronomic practices with sustainability pledges.

What new industrial uses are emerging?

Potato starch is being blended into bio-plastic resins for compostable cutlery and packaging, offering processors a route to diversify beyond food.

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