Future of Saffron: Market Size, Demand, and Regional Insights

Global French Fries Market Poised for Significant Growth, Projected to Reach USD 37.11 Billion by 2030

The global French fries market is experiencing substantial expansion, with its size valued at USD 25.8 billion in 2023. Projections indicate a Compound Annual Growth Rate (CAGR) of 5.33% from 2024 to 2030, aiming to reach nearly USD 37.11 billion by 2030.

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Competitive Landscape and Regional Demand

The French fries industry is witnessing dynamic shifts, with major players engaging in strategic mergers and acquisitions to strengthen their market positions. North America dominated the French fries market with a market share of 43.37% in 2023.

United States: Trends and Consolidation

In the United States, the French fries sector has observed significant consolidation. Notably, Lamb Weston Holdings, Inc., a major producer of frozen potato products, is facing pressure from activist investors to consider strategic changes, including potential mergers or acquisitions.

Asia-Pacific: Growth and Opportunities

The Asia-Pacific region presents substantial growth opportunities for the French fries market. The rising popularity of online food delivery services is expected to further drive the growth of the French fries market in this region.

Europe: Trends and Strategic Developments

Europe's French fries market is influenced by strategic expansions by major companies. The growing demand for ready-to-eat (RTE) food is expected to drive the growth of the French fries market globally.

Middle East and Africa: Consolidation and Updation

The Middle East and Africa region is experiencing gradual growth in the French fries sector, driven by infrastructural developments and a young population. Local manufacturers are modernizing production facilities to meet rising demand and comply with international standards. Collaborations with global players are contributing to technological advancements in the region's food industry.

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French Fries Market segmentation : 

by Product

Fresh
Frozen

The French fry market is divided into two segments based on product: fresh and frozen. In 2023, frozen fries held a 59.45% market share. The type of frozen fries is being driven by consumers' concerns about the basic taste they anticipate. People observe that the fries in fast-food places like KFC and McDonald's are frozen. People frequently assume that fresh food has superior flavor and quality, however variations in potato oil, temperature, and moisture can cause significant variations in the texture and flavor of fresh-cut fries. The use of frozen French fries will eliminate this issue for you. This is the main factor propelling the frozen French fries market's expansion.

by Type

Classic Fries
Waffle Fries
Curly Fries

by Application

Food Service
Household

The French fries market is separated into two segments based on application: household and food service. In 2023, the food service type held the biggest market share, accounting for 72.55%. The acceptance of this category has been aided by the expansion of fast-food chains globally, busier lifestyles, more working-class purchasing power, and the growing popularity of western cuisines.

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 Learn about the top players driving innovation in the French Fries Market :

1. McCain Foods Ltd.. - Canada
2. J.R. Simplot Company - USA
3. Lamb Weston Holdings, Inc. - USA
4. Farm Frites International B.V. - Netherlands
5. Aviko - Netherlands
6. Ore-Ida - USA
7. Alexia Foods - USA
8. 11er Nahrungsmittel GmbH - Germany
9. Agrarfrost - Germany
10. Agristo NV - Belgium
11. Hofmann - Germany
12. Lamb Weston / Meijer - Netherlands (European joint venture)
13. Intersnack - Germany
14. Südstärke - Germany
15. Goya Foods - USA
16. PepsiCo (Frito-Lay) - USA
17. Dole Food Company - USA
18. ConAgra Foods - USA
19. Manitoba Harvest - Canada
20.Suntory Beverage & Food Limited - Japan

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