GCC Frozen Finger Chips Market to Grow at 5.10% During 2022-2027, Propelled by Growing Popularity of Western Cuisines

December 08, 2022

According to the latest report by IMARC Group, titled “GCC Frozen Finger Chips Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the GCC frozen finger chips market is expected to exhibit a CAGR of 5.10% during 2022-2027. Frozen finger chips refer to long and thin strips of white or sweet potatoes that are processed using dextrose, citric acid, sodium acid pyrophosphate, dimethylpolysiloxane and hydrogenated soybean oil. Various processes are involved in producing these chips, including cutting, blanching, dewatering, parfrying, freezing at particularly low temperatures, and packaging. Finger chips are usually found in various sizes, shapes, and colors, as well as unsalted, salted, and savory varieties. Prior to consumption, they are thawed, baked or fried, and served hot alongside fast food or as a snack. In comparison to their fresh counterparts, they provide restaurant-like taste and quality. In addition to this, they are convenient to use, have a long shelf life, and require low labor, preparation costs, and processing time. Frozen finger chips are a rapidly growing consumer trend in the GCC region, widely used by both commercial and household sectors.

GCC Frozen Finger Chips Market Trends:

The market in GCC is majorly driven by rapid westernization resulting in the growing popularity of western cuisines across the region. In line with this, the increased consumption of ready-to-eat snacks and convenience food among the masses is propelling the market. This changing consumption pattern can be attributed to the increasingly hectic schedules of the growing working population. Moreover, the expansion of multiple fast-food restaurant chains across the region is providing an impetus to the market. Apart from this, continual advancements in product manufacturing technology are creating a positive market outlook. Additionally, continual innovations in packaging as well as the introduction of new flavors and designs, such as wedge cut, curly, crinkle, and shoestring fries, by key players is leading to the augmenting product sales. Besides this, the launch of various innovative value-adding product variants with low fat, sodium, and calorie content due to the growing health consciousness among individuals is creating lucrative opportunities in the market. The market is further propelled by the inflating disposable income levels, along with the proliferation of online and offline retail channels resulting in higher product availability. Also, numerous partnerships, collaborations, and merger and acquisitions (M&As) by major players to enhance their geographical presence is providing a boost to the market. Some of the other factors contributing to the market include considerable growth in the food and beverage industry, the emerging café culture, and extensive research and development (R&D) activities.

Market Summary:

  • Based on the end use, the market has been segmented into food service and retail.
  • On the geographical front, the market has been segregated into Saudi Arabia, UAE, Qatar, Oman, Kuwait, and Bahrain.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players.
     

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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GCC Frozen Finger Chips Market to Grow at 5.10% During 2022-2027, Propelled by Growing Popularity of Western Cuisines
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