The latest report titled “Potato Production Cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Potato.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Potato production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Potato Production Process:
- Potato Production From Planting and Harvesting: This report provides the thorough economics of Potato industrial production across Potato manufacturing plants via planting and harvesting. At first, potato seeds are planted in rows in deeply dug trenches, keeping a 12–15-inch distance in between. The plants are later irrigated well, particularly in the flowering period. The potato crop goes through yearly rotation and is then manured. Upon harvesting, Potatoes are cleaned and graded.
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Product Definition:
Potato is a root vegetable comprising a starchy tuber of the Solanum tuberosum plant, which is cultivated for its starchy edible tubers. It is among the most vital food crops worldwide and can be cooked like a vegetable, usually served whole or mashed. They can be processed to make potato flour in baking and sauce thickening. The tubers are full of nutrients like protein, thiamin, niacin, and vitamin C and are also highly digestive.
Market Drivers:
The demand for Potato is rising because of its various uses in the food industry. It can be made into french fries and other frozen items ready to be consumed in restaurants and fast-food establishments. Furthermore, dehydrated potato flakes find use as a snack, a culinary supplement, and in store-bought mashed potato products, which boosts the market demand further.
It is also added to potato flour, which helps thicken gravies and soups etc., furthering the market expansion. It can also be added to dough, biscuits, cake mixes, and ice creams, among others, which in turn boosts the industry’s development.
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