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Potato Processing Market Size, Share & Trends Analysis Report By Product, By Application, By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

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    Report

  • 80 Pages
  • December 2024
  • Region: Global
  • Grand View Research
  • ID: 6040890
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Potato Processing Market Size & Trends

The global potato processing market size was estimated at USD 37.85 billion in 2023 and is projected to grow at a CAGR of 5.9% from 2024 to 2030. A significant driver of the potato processing market is the increasing demand for convenient food products that require minimal preparation time. With urbanization and busy lifestyles becoming more prevalent, consumers gravitate towards ready-to-eat and easy-to-cook options. Additionally, a growing trend towards healthier eating habits leads to a rise in demand for organic and low-calorie processed potato products. This shift in consumer preferences has prompted manufacturers to innovate their product offerings, incorporating healthier ingredients and diverse flavors to attract a broader audience.

The expansion of quick-service restaurants has driven the processed potato market. Fast-food chains like McDonald's and KFC heavily feature potato-based items such as French fries and hash browns on their menus, making these products staples in many diets globally. The convenience and affordability of these items have led to increased consumption, further boosting the demand for processed potatoes. As QSRs grow worldwide, they create a sustained demand for processed potato products, reinforcing their market presence.

Technological innovations in potato processing have also contributed significantly to market growth. Adopting automation and digitalization within processing facilities has enhanced efficiency and product quality. These advancements allow manufacturers to reduce production costs while increasing output, making processed potato products more accessible to consumers. Furthermore, improved preservation techniques have extended the shelf life of these products, catering to the rising global food trade and enhancing distribution capabilities across various markets.

The global potato processing market is seeing varied growth across different regions, with Asia-Pacific leading due to its high production capacity and increasing consumption rates. Countries like China and India are major producers and significant consumers of processed potatoes, driven by cultural preferences for snacking and convenience foods. The combination of favorable agricultural conditions and rising disposable incomes in these regions supports sustained growth in the processed potato sector. As international markets continue to evolve, opportunities for Indian exporters are expanding, particularly as they adapt to meet global quality standards and consumer demands.

Health issues linked to the consumption of processed potato products. Concerns regarding high acrylamide content, a chemical formed during the cooking of starchy foods at high temperatures-have led to increased scrutiny from health authorities and consumers alike. As consumers become more health-conscious, a growing demand for cleaner labels and healthier options exists. This shift requires processors to reformulate products and invest in new processing technologies, further straining their resources. The market faces intense competition from alternative snack foods made from ingredients like corn and rice. These substitutes are increasingly popular among consumers seeking variety or healthier options. The rise of plant-based diets has also influenced consumer preferences, prompting processors to innovate or diversify their product lines to retain market share. This competitive pressure can limit pricing power for potato processors and necessitate continuous adaptation to changing consumer trends.

Global Potato Processing Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, the analyst has segmented the global potato processing market report based on product, application, distribution channel, and region.

Product Outlook (Revenue, USD Billion, 2018 - 2030)

  • Frozen Potato
  • Potato Chips
  • Dehydrated Potato
  • Others

Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Ready to Cook
  • Snacks
  • Others

Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2030)

  • Food Service
  • Retail

Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Asia Pacific
  • China
  • Japan
  • India
  • Australia & New Zealand
  • South Korea
  • Central & South America
  • Brazil
  • Middle East & Africa
  • South Africa

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Product Outlook
2.3. Application Outlook
2.4. Competitive Landscape Outlook
Chapter 3. Potato Processing Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Outlooks
3.3.2. Manufacturing and Technology Trends
3.3.3. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Market Opportunities
3.4.4. Market Challenges
3.5. Industry Analysis - Porter’s Five Forces Analysis
3.6. Market Entry Strategies
Chapter 4. Potato Processing Market: Product Estimates & Trend Analysis
4.1. Potato Processing Market, by Product: Key Takeaways
4.2. Product Movement Analysis & Market Share, 2023 & 2030
4.3. Market Estimates & Forecasts, by Product, 2018 - 2030 (USD Billion)
4.3.1. Frozen Potato
4.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.3.2. Potato Chips
4.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.3.3. Dehydrated Potato
4.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.3.4. Others
4.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 5. Potato Processing Market: Application Estimates & Trend Analysis
5.1. Potato Processing Market, by Application: Key Takeaways
5.2. Application Movement Analysis & Market Share, 2023 & 2030
5.3. Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Billion)
5.3.1. Ready to Cook
5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.2. Snacks
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.3. Others
5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 6. Potato Processing Market: Distribution Channel Estimates & Trend Analysis
6.1. Potato Processing Market, by Distribution Channel: Key Takeaways
6.2. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
6.3. Market Estimates & Forecasts, by Distribution Channel, 2018 - 2030 (USD Billion)
6.3.1. Food Service
6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2. Retail
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 7. Potato Processing Market: Regional Estimates & Trend Analysis
7.1. Potato Processing Market: Regional Outlook
7.2. Regional Movement Analysis & Market Share, 2023 & 2030
7.3. Market Estimates & Forecasts, by Region & Country, 2018 - 2030 (USD Billion)
7.3.1. North America
7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.2. U.S.
7.3.1.2.1. Key country dynamics
7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.3. Canada
7.3.1.3.1. Key country dynamics
7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.4. Mexico
7.3.1.4.1. Key country dynamics
7.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2. Europe
7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.2. Germany
7.3.2.2.1. Key country dynamics
7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.3. U.K.
7.3.2.3.1. Key country dynamics
7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.4. France
7.3.2.4.1. Key country dynamics
7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.5. Italy
7.3.2.5.1. Key country dynamics
7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.6. Spain
7.3.2.6.1. Key country dynamics
7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3. Asia Pacific
7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.2. China
7.3.3.2.1. Key country dynamics
7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.3. Japan
7.3.3.3.1. Key country dynamics
7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.4. India
7.3.3.4.1. Key country dynamics
7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.5. Australia & New Zealand
7.3.3.5.1. Key country dynamics
7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.6. South Korea
7.3.3.6.1. Key country dynamics
7.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.4. Central & South America
7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.4.2. Brazil
7.3.4.2.1. Key country dynamics
7.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.5. Middle East & Africa
7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.5.2. South Africa
7.3.5.2.1. Key country dynamics
Chapter 8. Competitive Analysis
8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Source Benchmarking
8.6. Company Market Share Analysis, 2023 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
8.9.1. Lamb Weston Holdings, Inc.
8.9.2. McCain Foods Limited
8.9.3. The Kraft Heinz Company
8.9.4. J.R. Simplot Company
8.9.5. Idahoan Foods, LLC
8.9.6. Agristo NV
8.9.7. Farm Frites International B.V.
8.9.8. Aviko B.V.
8.9.9. AGRANA Beteiligungs-AG
8.9.10. Burts Potato Chips Ltd.
8.9.11. Intersnack Group GmbH & Co. KG
8.9.12. J.R. Short Milling Company
8.9.13. The Little Potato Company Ltd.
8.9.14. HyFun Foods
8.9.15. Cavendish Farms
List of Tables
Table 1. Potato Processing market - Key market driver analysis
Table 2. Potato Processing market - Key market restraint analysis
Table 3. Potato Processing market estimates & forecast, by product (USD Billion)
Table 4. Potato Processing market estimates & forecast, by distribution channel (USD Billion)
Table 5. Potato Processing market estimates & forecast, by application (USD Billion)
Table 6. North America Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 7. North America Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 8. North America Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 9. U.S. macro-economic outlay
Table 10. U.S. Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 11. U.S. Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 12. U.S. Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 13. Canada macro-economic outlay
Table 14. Canada Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 15. Canada Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 16. Canada Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 17. Mexico macro-economic outlay
Table 18. Mexico Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 19. Mexico Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 20. Mexico Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 21. Europe Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 22. Europe Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 23. Europe Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 24. Germany macro-economic outlay
Table 25. Germany Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 26. Germany Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 27. Germany Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 28. U.K. macro-economic outlay
Table 29. U.K. Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 30. U.K. Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 31. U.K. Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 32. France macro-economic outlay
Table 33. France Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 34. France Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 35. France Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 36. Italy macro-economic outlay
Table 37. Italy Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 38. Italy Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 39. Italy Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 40. Spain macro-economic outlay
Table 41. Spain Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 42. Spain Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 43. Spain Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 44. Asia Pacific Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 45. Asia Pacific Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 46. Asia Pacific Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 47. China macro-economic outlay
Table 48. China Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 49. China Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 50. China Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 51. Japan macro-economic outlay
Table 52. Japan Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 53. Japan Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 54. Japan Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 55. India macro-economic outlay
Table 56. India Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 57. India Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 58. India Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 59. Australia macro-economic outlay
Table 60. New Zealand macro-economic outlay
Table 61. Australia & New Zealand Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 62. Australia & New Zealand Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 63. Australia & New Zealand Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 64. South Korea macro-economic outlay
Table 65. South Korea Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 66. South Korea Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 67. South Korea Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 68. Central & South America Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 69. Central & South America Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 70. Central & South America Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 71. Brazil macro-economic outlay
Table 72. Brazil Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 73. Brazil Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 74. Brazil Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 75. Middle East & Africa Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 76. Middle East & Africa Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 77. Middle East & Africa Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 78. South Africa macro-economic outlay
Table 79. South Africa Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Table 80. South Africa Potato Processing market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
Table 81. South Africa Potato Processing market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
Table 82. Recent developments & impact analysis, by key market participants
Table 83. Company market share, 2023
Table 84. Company heat map analysis
Table 85. Companies undergoing key strategies
List of Figures
Fig. 1 Potato Processing market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Product snapshot
Fig. 8 End-use snapshot
Fig. 9 Regional snapshot
Fig. 10 Competitive landscape snapshot
Fig. 11 Potato Processing market size, 2018 to 2030 (USD Billion)
Fig. 12 Potato Processing Market: Penetration & growth prospect mapping
Fig. 13 Potato Processing Market: Value chain analysis
Fig. 14 Potato Processing Market: Profit margin analysis
Fig. 15 Potato Processing Market: Market dynamics
Fig. 16 Potato Processing Market: Porter's five forces analysis
Fig. 17 Potato Processing Market, by product: Key Takeaways
Fig. 18 Potato Processing Market: Product movement analysis, 2023 & 2030 (%)
Fig. 19 Frozen Potato market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 20 Potato Chips market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 21 Dehydrated Potato market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 22 Other potato processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 23 Potato Processing market, by distribution channel: Key Takeaways
Fig. 24 Food Service market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 25 Retail market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 26 Potato Processing market, by application: Key Takeaways
Fig. 27 Potato Processing market: Application movement analysis, 2023 & 2030 (%)
Fig. 28 Potato Processing market: Regional outlook, 2023 & 2030 (USD Billion)
Fig. 29 Regional marketplace: Key takeaways
Fig. 30 North America Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 31 US Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 32 Canada Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 33 Mexico Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 34 Europe Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 35 UK Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 36 Germany Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 37 France Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 38 Italy Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 39 Spain Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 40 Asia Pacific Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 41 China Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 42 Japan Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 43 India Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 44 Australia & New Zealand Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 45 South Korea Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 46 Central & South America Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 47 Brazil Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 48 Middle East & Africa Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 49 South Africa Potato Processing market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 50 Key company categorization
Fig. 51 Company market share analysis, 2023
Fig. 52 Strategic framework of Potato Processing market

Companies Mentioned

  • Lamb Weston Holdings, Inc.
  • McCain Foods Limited
  • The Kraft Heinz Company
  • J.R. Simplot Company
  • Idahoan Foods, LLC
  • Agristo NV
  • Farm Frites International B.V.
  • Aviko B.V.
  • AGRANA Beteiligungs-AG
  • Burts Potato Chips Ltd.
  • Intersnack Group GmbH & Co. KG
  • J.R. Short Milling Company
  • The Little Potato Company Ltd.
  • HyFun Foods
  • Cavendish Farms

Methodology

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Table Information

Report AttributeDetails
No. of Pages80
PublishedDecember 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 37.85 billion
Forecasted Market Value ( USD ) by 2030 $ 56.54 billion
Compound Annual Growth Rate5.9%
Regions CoveredGlobal
No. of Companies Mentioned15

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