French fries are a popular international snack made by slicing and frying potatoes and come in various shapes such as waffles, curly, and thin strips. It is commonly enjoyed hot, paired with ketchup, mayonnaise, salsa, or gravy. The consumption of French fries has significantly increased around the world, supported by the growing popularity of processed and convenience foods. The French fries market growth can be attributed to factors like increasing demand for foods that can be consumed on-the-go, rapid development of the food processing sector, and great taste and cost-effectiveness of the product.
French fries are a go-to snack in many regions due to their quick and easy to prepare nature. The fast-paced lifestyle of the growing population, particularly young individuals, further fuels the demand for convenience foods like French fries. The growing popularity of the product can be attributed to factors such as great taste, ease of preparation, and widespread availability. The sales of the product in frozen category have significantly increased, especially through online channels, including Amazon.com Inc (NASDAQ: AMZN).
The market has also benefitted from the rise of online food delivery services like UberEats, DoorDash, and Food Panda. The convenience offered by these food delivery platforms plays a pivotal role in driving the market growth. Additionally, the expansion of fast-food restaurants worldwide has contributed to an increase in market share. These establishments, known for providing quick and affordable meals, attract a broad consumer base, leveraging the advantages of minimal table service and swift meal preparation.
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Market Breakup by Product, End-Use, Distribution Channel, and Region:
- The market is segmented based on the product into frozen and regular.
- By end-use, the market is bifurcated into food service and retail.
- Based on distribution channel, the market can be divided into supermarkets and hypermarkets, convenience stores, online, distributors, and direct purchase.
- Region-wise, the global market for French fries can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Key Findings of the Report:
- French fries are a popular snack in many regions, as they are quick and easy to prepare. They are crispy, have great taste, and can be consumed on-the-go.
- The market has benefitted from rising disposable incomes and changing food preferences of people.
- Due to hectic and busy lifestyles, the demand for convenient and ready-to-eat snacks has increased, driving the sales of French fries particularly in the frozen category.
- The expansion of fast-food chains and quick-service restaurants (QSRs), coupled with the rise of online food delivery services is supporting the growth of the market.
Key Offerings of the Report:
- The EMR report gives an overview of the global market for French fries for the periods (2018-2023) and (2024-2032).
- The report also offers historical (2018-2023) and forecast (2024-2032) market information for the product, end-use, distribution channel, and major regions of French fries.
- The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.
The major players in the French fries market are Agristo N.V., Conagra Brands, Inc., Aviko B.V., Cavendish Farms, J.R. Simplot Company, Lamb Weston, Inc., Luxfries NV, The Kraft Heinz Company, McCain Foods Limited, and Alexia Foods, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Key Highlights of the Report
| REPORT FEATURES |
DETAILS |
| Base Year |
2023 |
| Historical Period |
2018-2023 |
| Forecast Period |
2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
- Product
- End-Use
- Distribution Channel
- Region
|
| Breakup by Product |
|
| Breakup by End-Use |
|
| Breakup by Distribution Channel |
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Distributors
- Direct Purchase
|
| Breakup by Region |
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
|
| Market Dynamics |
- SWOT Analysis
- Porter's Five Forces Analysis
- Key Indicators for Demand
- Key Indicators for Price
|
| Competitive Landscape |
- Market Structure
- Company Profiles
- Company Overview
- Product Portfolio
- Demographic Reach and Achievements
- Certifications
|
| Companies Covered |
- Agristo N.V.
- Conagra Brands, Inc.
- Aviko B.V.
- Cavendish Farms
- J.R. Simplot Company
- Lamb Weston, Inc.
- Luxfries NV
- The Kraft Heinz Company
- McCain Foods Limited
- Alexia Foods.
- Others
|
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