Latin America Frozen Finger Chips Market

Market Overview:

The Latin America frozen finger chips market is expected to exhibit a CAGR of 4.46% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Frozen finger chips are thin potato strips that are either baked or fried before consumption. They are manufactured using potatoes, dextrose, sodium acid pyrophosphate, hydrogenated soybean oil, dimethylpolysiloxane and citric acid. They are commonly available in a wide variety of sizes, shapes, unsalted and salted flavors. Frozen finger chips are thawed, served hot and are widely consumed in various cuisines as snacks and side dishes.

Latin America Frozen Finger Chips Market Trends:

The growth in the Latin America frozen finger chips market can be attributed to the increasing popularity of fast-food products across the region, particularly among millennials. Frozen finger chips are extensively used and served in cafes, restaurants and fast-food chains to provide novel dishes to the customers. Additionally, various product innovations, such as the launch of curly, crinkle, wedge cut and shoestring fries, are positively impacting the market growth. Moreover, the introduction of frozen finger chips in a variety of flavors, such as sofrito, maize and salsa sauce, are providing thrust to the market growth. In line with this, the rising demand for convenient food products is favoring the market growth. Frozen finger chips can be cooked and served quickly and can be consumed along with home-cooked meals. Other factors, including the increasing expenditure capacities of the consumers, along with the widespread adoption in the food and beverage industry, are creating a positive outlook for the market across the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America frozen finger chips market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on end use.

Breakup by End Use:

• Food Service
• Retail
   

Breakup by Country:

• Brazil
• Mexico
• Argentina
• Colombia
• Chile
• Peru
• Others
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the Latin America frozen finger chips market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Latin America frozen finger Chips market?
• What are the key regional markets?
• What is the breakup of the market based on the end use?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Latin America frozen finger chips market and who are the key players?
• What is the degree of competition in the industry?