Frozen Finger Chips (Frozen French Fries) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Frozen Finger Chips (Frozen French Fries) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A512
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Market Overview:

The global frozen finger chips (frozen French fries) market size reached US$ 23.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 27.5 Billion by 2028, exhibiting a growth rate (CAGR) of 2.93% during 2023-2028.

Finger chips are thin strips of potatoes which are either fried or baked. They are consumed worldwide as side dishes with fast food or as snacks. In the 1940s, freshly cut potatoes were largely replaced by frozen finger chips as they were convenient and offered consistent quality and taste. More than 80% of the frozen finger chips are utilized by the foodservice sector and the rest by the retail sector. They can be prepared by using white and sweet potato. As compared to their fresh counterparts, frozen finger chips are more convenient as they are quicker to cook and serve while offering an equivalent taste and quality. These products also offer a longer shelf life, are easy to store, and absorb lesser oil during the frying process. On account of these properties, frozen finger chips are extensively used across the foodservice and household sectors.

Frozen Finger Chips (Frozen French Fries) Market Trends:

Currently, the frozen finger chips (frozen French fries) market is largely being driven by the rising popularity of western cuisines amongst the younger demographic, increasing establishment of fast-food restaurant chains, changing lifestyles, and rising income levels. This is further supported by the introduction of new shapes, flavors and varieties of frozen finger chips across the globe. Besides this, changing consumption patterns and rising urbanization, particularly in developing countries, are creating a positive outlook for the market. Moreover, the increasing working population has led to a rise in the hectic lifestyle schedules, which, in turn, is leading to the inflating sales of frozen finger chips. Furthermore, several players have been expanding their customer base by selling their products through online retail channels, which is influencing the market growth positively.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global frozen finger chips (frozen French fries) market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on end use.

Breakup by End Use:

  • Food Services
  • Retail
     

Breakup by Region:

  • Europe
  • North America
  • Asia Pacific
  • Latin America
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being McCain Foods Limited, J.R. Simplot Food Group, Lamb Weston Holdings, Inc., Aviko B.V., and Farm Frites International B.V.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units Million Metric Tons, US$ Billion
Segment Coverage End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered McCain Foods Limited, J.R. Simplot Food Group, Lamb Weston Holdings, Inc., Aviko B.V., and Farm Frites International B.V
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global frozen finger chips (frozen French fries) market was valued at US$ 23.3 Billion in 2022.

According to the estimates by IMARC Group, the global frozen finger chips (frozen French fries) market is expected to exhibit a CAGR of 2.93% during 2023-2028.

The increasing preferences for ready-to-cook and convenience food products, especially among the working and millennial population, represent one of the key drivers for the global frozen finger chips (frozen French fries) market.

The introduction of a vast array of innovative product variants with unique shapes and flavorings represents one of the key trends in the global frozen finger chips (frozen French fries) market.

Sudden outbreak of the COVID-19 pandemic has led to an increase in the sale of shelf-stable products, such as frozen finger chips, across various e-commerce platforms, thereby positively impacting the market.

On the basis of the end use, the market has been segmented into food services and retail. At present, food services represents the largest segment.

Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Europe dominates the global market.

The key companies in the global frozen finger chips (frozen French fries) market are McCain Foods Limited, J.R. Simplot Food Group, Lamb Weston Holdings, Inc., Aviko B.V., and Farm Frites International B.V.

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Frozen Finger Chips (Frozen French Fries) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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