The humble potato has long been a staple of the hospitality industry palette, and accordingly to prepare this and other vegetables on a commercial scale requires specialist appliances. But what is the market outlook for this type of kit – should manufacturers be entering the sector or upping their stocks, or should distributors be sitting up and taking note of any trends?
To assist any curious minds, India-based research company 360 Market Updates has published the ‘Potato Peeler and Slicer Equipment Market Report’, focusing on the potato processing equipment sold by distributors to end users in commercial and industrial set-ups.
The research focuses on the 2017-2021 period and forecasts a compound annual growth rate of 7.66% throughout that term. According to the research firm, this positive prediction is mainly due to increasing replacement demand from developed economies, the growing number of foodservice establishments, and rising demand for new units of potato peeler and slicer equipment from emerging economies.
360 Market Updates also feels that the increase in the number of potato processing plants will also help propel the market’s growth during the forecast period.
One of the main market drivers is said to be the growing demand for potato-based snacks, however, the analysis also pointed to a potential challenge to new sales, namely that of a prevailing market for second-hand potato peeler and slicer equipment.
In terms of trends, the report cites a rising preference for automated potato peeler and slicer appliances, while it also considers the key sales regions to be the Americas, Europe, Middle East, Africa, and the Asia Pacific countries.
According to 360 Market Updates, the top key vendors in the potato peeler and slicer equipment market are:
Haith Tickhill Group
Metcalfe Catering Equipment
Tummers Food Processing Solutions