Government initiatives toward aiding entrepreneurs in successful setting up of potato flakes production units, and providing them with radical technical intelligence will continue to bode well for developments and sales of potato flakes in the near future. A recent study of FactMR envisages the Potato Flakes Market to record a splendid 7.0% value CAGR through 2028. Fast growth of food chains worldwide, beyond metros in destinations of tourist interest, is another key growth influencer of the potato flakes market.
Organized and planned approach of modern trade formats to distribution and logistics management, and demand aggregation across diverse product ranges, have significantly impacted sales of potato flakes worldwide. Potato flakes sales are likely to grow on the efforts of modern trade retailers in maintaining their fill rate above safety stock, for balancing the inventory across the economic order quantity. Supremacy of modern trade in the potato flakes market is foreseen to prevail, despite relatively slower sales conversion estimated for the period, 2018 to 2028, according to the study.
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