Market Leader - Potato Processing Market
The key players in the potato processing market include as Lamb Weston Holdings, Inc. (U.S.), The Kraft Heinz Company (U.S.), McCain Foods Limited (U.S.), J.R. Simplot Company (U.S.), Aviko B.V. (Netherlands), Agristo NV (Belgium), Farm Frites International B.V. (Netherlands), AGRANA Beteiligungs-AG (Austria), J.R. Short Milling Company (U.S.), Intersnack Group GmbH & Co. KG (Germany), and Idahoan Foods, LLC (U.S.).
The key players focused on strategies such as the expansion of production capacities, mergers & acquisitions, joint ventures, and new product launches increase their market presence.
Lamb Weston Holdings, Inc. (U.S.) offers frozen potato, sweet potato, appetizer, and vegetable products to restaurants and retailers, globally. It is the leading player in the frozen potato industry and provides innovative products to its customers in more than 100 countries. Lamb Weston has 22 manufacturing facilities around the world. The company focuses on acquisition and expansion strategy to expand its business. In June 2017, Lamb Weston’s European joint venture, Lamb Weston/Meijer v.o.f (Netherlands), acquired the potato division of Oerlemans Foods (Netherlands). This acquisition would add 185 million pounds of production capacity to Lamb Weston/Meijer’s existing network. Also, in June 2016, Lamb Weston/Meijer entered into an agreement with Belaya Dacha (Russia). With this agreement, both companies entered into a partnership and catered to the Russian market. In the same year, Lamb Weston expanded the capacity of its processing facility located in Boardman, Oregon, U.S. This expansion helped the company to increase its processing capacity by approximately 50 million pounds and provided the customers with products such as hash brown patties and potato puffs.
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McCain Foods Limited (Canada) is one of the leading manufacturers of frozen french fries and potato specialties. The company sells its products through retailers and foodservice and quick service restaurant (QSR) sectors to its customers. Its first production facility was located in Canada. McCain Foods Limited functions across six continents through 51 sites and uses about 6.5 million tons of potatoes every year. The company has a presence in more than 160 countries, and the business of McCain Foods Limited is growing significantly. In addition to fries, McCain also produces other foods, which includes snacks, meals, and vegetable products. McCain focusses on new investments to expand its market presence and production capacity. In 2017, McCain Foods USA (U.S.), a subsidiary of McCain Foods Limited, expanded its production capacity for frozen french fries in North America. With this expansion, McCain created more than 180 new positions in Burley. In 2016, the company invested USD 48.25 million to add a new production line by increasing the capacity of its Florence Ville-Bristol french fry plant.
The Kraft Heinz Company (U.S.) is the fifth largest food & beverage company in the world. The company provides high-quality and nutritious food products to its customers. The company sells its products in more than 200 countries. In July 2015, H.J. Heinz Company (U.S.) and Kraft Foods Group (U.S.) merged to form The Kraft Heinz Company.
Related Reports:
Potato Processing Market by Type (Frozen, Chips & Snack Pellets, Dehydrated), Application (Snacks, Ready-to-cook & Prepared Meals), Distribution Channel (Foodservice and Retail), and Region - Global Forecast to 2022
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