Frozen finger chips, or frozen French fries, represent one of the most popular snack foods worldwide. They are offered as side dishes in a large number of fast food restaurants and are also consumed extensively in households. Their popularity can be attributed to the various advantages they offer over freshly cut finger chips. Frozen finger chips are easier to cook and provide consistent quality and taste. They are also faster to prepare, require less labour and absorb less oil. This makes them particularly valuable for high-volume, multi-unit operations. IMARC Group’s latest report, titled “Frozen Finger Chips (Frozen French Fries) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global frozen finger chips market reached a value of US$ 19.7 Billion in 2017, growing at a CAGR of 3.5% during 2010-2017.
Highlights of the Global Frozen Finger Chips Market:
- Expansion of the fast food chains and rising demand from emerging markets are some of the major growth driving factors.
- Food service is the largest end-use sector of frozen finger chips, accounting for the majority of the market share.
- Europe accounts for the majority of the global share, representing the largest market.
Apart from the various advantages offered by frozen finger chips, the market is also being driven by a number of other growth inducing factors. The rise in the demand for frozen finger chips can largely be attributed to the expansion of the fast food chains, particularly in the emerging regions such as China and India. Moreover, the rapid urbanisation along with rising disposable incomes and westernisation in these regions has also influenced market growth. The introduction of a large variety of flavours, shapes and sizes of frozen finger chips has also facilitated demand. According to the report, the market is further expected to reach a value of US$ 24 Billion by 2023.
The market has been segmented on the basis of end-use, covering the food service and retail sectors. Currently, the food service sector accounts for the majority of the market share, representing the largest end-use sector. On the basis of region, Europe represents the largest market for frozen finger chips accounting for nearly a third of the total global share. This can be attributed to the important part frozen finger chips have in the European cuisine. The other major regions include Asia Pacific, North America, Latin America, and Middle East and Africa. Some of the key players operating in the market include McCain, JR Simplot, Lamb-Weston, Aviko and Farm Frites.
The report has examined the global frozen finger chips market on the basis of:
- North America
- Latin America
- Middle East and Africa
- JR Simplot
- Farm Frites
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