Global Frozen Finger Chips (Frozen French Fries) Market Size By Product (White Potato Fries, Sweet Potato Fries), By Application (Food Service, Household), By Geographic Scope And Forecast

Frozen Finger Chips (Frozen French Fries) Market Size And Forecast

Frozen Finger Chips (Frozen French Fries) Market size was valued at USD 20.70 Billion in 2022 and is projected to reach USD 28.95 Billion by 2030, growing at a CAGR of 4% from 2023 to 2030.

The market is largely driven by the rising popularity of western-style cuisine amongst youngsters. The growing youth population worldwide is boosting western culture across the globe. Also, expanding fast food restaurant chains, changing lifestyles, increasing incomes and growing urbanization will foster market growth. The Global Frozen Finger Chips (Frozen French Fries) Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Frozen Finger Chips (Frozen French Fries) Market Definition

The frozen finger chips generally called frozen French fries, are thin and medium potato strips that are either fried or baked for consumption. The freshly cut potatoes were majorly replaced by frozen finger chips as they were convenient and proposed consistent quality and taste. These are some of the most readily available foods in various shapes, sizes, and flavors. These are either made from sweet potato fries or white potato fries. The producers mainly offer certified organic and sweet potato varieties as they are popular trends in the market. Sweet potato fries are majorly preferred and hold the largest market share.

They are more convenient to use than their fresh counterparts as they are much easy and quick to cook and serve while maintaining the same taste and quality by taking less time. They also require minimum effort to prepare, showcase a longer shelf life and absorb a lesser amount of vegetable oil. Additionally, ease of storage is another benefit contributing to their growing preference among consumers across the globe. They find applications in households and food service segments. More consumption is fostered by the foodservice sector by growing fast food restaurant chains and the retail sector.

Global Frozen Finger Chips (Frozen French Fries) Market Overview

The market is driven by factors such as the rising popularity of western-style cuisine amongst youngsters. The growing youth population worldwide is boosting western culture across the globe. This has flourished fast food restaurant chains, and junk food consumption among people. The changing lifestyles, increasing incomes, and urbanization along with application in households and food service segments are boosting the French fries demand. More consumption is fostered by the foodservice sector by growing fast food restaurant chains and the retail sector. These fast-food chains are comparatively cheaper than restaurants thus bolstering the growth of these joints, thereby multiplying the sales of frozen finger chips globally. Moreover, new tastes, shapes, varieties, and flavors drive the demand in the consumer.

Furthermore, the benefits such as being easy and quick to cook and serve while maintaining the same taste and quality by taking less time are the potential factors propelling the overall market growth of the Global Frozen Finger Chips (Frozen French Fries) Market. There are certain restraints and challenges faced which will hinder the overall market growth such as health-related issues. The higher consumption of fried potatoes increases the risk of chronic diseases, such as obesity, hypertension, and diabetes, which are also powerful risk factors for cardiovascular diseases. The French fries fried at extremely high temperatures are likely to contain trans fats which leads to an increased risk of premature death. A higher risk percentage was noted among those who consumed French fries more than twice a week. These factors are the potential restraints hampering the overall Global Frozen Finger Chips (Frozen French Fries) Market.

Global Frozen Finger Chips (Frozen French Fries) MarketSegmentation Analysis

The Global Frozen Finger Chips (Frozen French Fries) Market is segmented on the basis of Product, Application, And Geography.

Frozen Finger Chips (Frozen French Fries) Market, By Product

• White Potato Fries• Sweet Potato Fries

Based on Product, The market is bifurcated into White Potato Fries and Sweet Potato Fries. The Sweet Potato Fries segment holds the largest market share. The factors can be attributed to easy availability, high nutritious values, and a rich source of fiber, vitamins, and minerals along with cancer-fighting properties that have fostered the acceptance of the Sweet Potato Fries segment.

Frozen Finger Chips (Frozen French Fries) Market, By Application

• Food Service• Household

Based on Application, The market is bifurcated into Food Service and Household. The Food Service segment holds the largest market share. The factors can be attributed to the expansion of fast-food chains across the globe, increased hectic lifestyles, and inflating purchasing power of the working population along with the growing popularity of western cuisines have fostered the acceptance of this segment.

Frozen Finger Chips (Frozen French Fries) Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Regional Analysis, The Global Frozen Finger Chips (Frozen French Fries) Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Europe holds the largest market share. The growing food service sector and the rising popularity of western-style cuisine amongst youngsters, expanding fast food restaurant chains in this region have fueled the frozen French fries demand.

Key Players

The “Global Frozen Finger Chips (Frozen French Fries) Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are McCain Foods Limited, JR Simplot, Lamb-Weston, Farm Frites, Aviko, 11er Nahrungsmittel GmbH, Agrarfrost, Agristo NV, Al-Salam Cooling Co., Albert Bartlett and Sons, Ore-Ida, Alexia, Trader Joe’s, Kroger. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally. 

Key Developments

Partnerships, Collaborations and Agreements

• In July 2022, Lamb Weston Holdings Announces a $415 Million Investment in a New French Fry Processing Line in American Falls, Idaho, as well as a Quarterly Dividend.

• In Feb 2022, The Kraft Heinz Co. and Simplot Food Group, a part of the J.R. Simplot Co., have reached a deal that will make Simplot, located in Boise, Idaho, the sole manufacturer and supplier of Kraft Heinz’s Ore-Ida brand.

• In Jun 2021, LWM RUS, Russia’s largest maker of frozen potato products, inked a deal with Igor Artamonov, the governor of the Lipetsk region, to more than quadruple the production capacity of its current factory in the Lipetsk Special Economic Zone.

• In July 2020, McCain Foods announced that it is aiming to make the French fry a more sustainable Canadian staple.

Product Launches and Product Expansions

• In June 2022, McCain announces the launch of a new Farm of Future Africa at a “critical juncture” in the world food chain.

Report Scope

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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