Potato is amongst more than 150 species of the genus Solanum that produce tubers (the swollen end of an underground stem). The vegetable’s compound leaf is 20–30 cm (8–12 inches) long with 2-4 pairs of leaflets. It is one of the widely grown food crops and is widely consumed as a staple food item.
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When cooked, the potatoes are usually served whole or mashed or can be processed to make a flour that has application in baking and to thicken sauce. These tubers are highly nutritious, including nutrients like protein, thiamin, niacin, and vitamin C, and have great digestibility.
Key Details About the Potato Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Potato price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Potato Price Trends, including India Potato price, USA Potato price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Potato Price Trend:
Potatoes, owing to their various uses and methods of preparation, are widely consumed, which is driving the market growth. In addition, the rising consumption of frozen foods like fries, etc., across the globe is furthering the vegetable demand in the food industry. Its by-products like dehydrated potato flakes are consumed as a snack. Moreover, it is used as a cooking supplement, in the form of flour, as a thickener and binder in stews and sauces. Additionally, it also finds its application in the dough, cake mixes, biscuits, and ice cream, among others, which is giving rise to the potato demand worldwide.
Key Players:
- PepsiCo
- McCain Foods Limited
- POTATOES USA
News & Recent Development
- June 3, 2023- The 13th World Potato Congress will be held in Nairobi (WPC in 2026, along with over a thousand delegates expected to attend).
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