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Global Frozen Finger Chips Market: By Type: Plain, Masala; By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Direct Purchase, Distributors; By End Use: Food Service, Retail; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Frozen Finger Chips Market Outlook

The global frozen finger chips market reached a value of about USD 21.84 billion in 2020. The market is further expected to grow at a CAGR of about 3.0% between 2021 and 2026 to reach a value of about USD 25.32 billion by 2026.

 

Global Frozen Finger Chips Market

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The global frozen finger chips market is currently being driven by a growing popularity of finger chips among the youth, changing food preferences, fast-paced lifestyle, popularity of quick service restaurants (QSRs) and growing influence of western culture in emerging markets. This report by Expert Market Research, entitled “Global Frozen Finger Chips Market Report and Forecast 2021-2026”, provides a comprehensive analysis for anyone who plans to foray into the market.

Historical market trends for the global frozen finger chips market have been provided from 2016-2020 and forecasts have been presented till 2026. The value chain analysis of frozen finger chips, encompassing all the activities such as procurement, manufacturing, sales, and distribution, has also been covered in this report.  Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the frozen finger chips industry has also been provided.

This report provides an exhaustive insight for setting-up and running a frozen finger chips manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been  comprehensively covered in this report.

 

Properties and Applications

Finger Chips (French Fries) are batons of deep-fried potato, consumed hot in either soft or crispy form. They are generally consumed along with lunch or dinner, or as snacks. Spurred by the innovation of frozen processing techniques started in the 1950s and the increasing popularity of fast food chains, frozen finger chips have become a top-selling product worldwide.

 

Frozen Finger Chips Market by Type

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By type, the industry can be divided as follows:

  • Plain
  • Masala

The distribution channels in the industry can be segmented as follows:

  • Supermarkets/Hypermarkets 
  • Convenience Stores
  • Direct Purchase
  • Distributors
  • Others

It finds end-uses in the food service and retail sectors.

The major regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Frozen Finger Chips Market by Region

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Market Analysis

Rapid urbanisation as well as changing consumption habits have contributed considerably in the majority of the population, particularly in the emerging economies, to the proliferation of fast food chains worldwide. Such fast food outlets are comparatively cheaper than restaurants, which is a major factor encouraging the growth of these joints and hence growing global sales of frozen finger chips. In addition to the increasing popularity of western cuisine, the hectic life styles and inflating buying power of the workforce are some of the other major drivers for the market. Besides this, manufacturers are constantly releasing new models with increasing shapes, sizes, and flavours to meet consumers' diverse tastes. For example, they have put on the market curly or crinkled-shaped and peri-peri-flavoured pumpkins, which are becoming very popular among consumers.

 

Competitive Landscape

The report analyses the following key players in the global frozen finger chips market, looking into their capacity, competitive landscape, and latest developments like mergers and acquisitions, expansions of capacity, and plant turnarounds:

  • McCain Foods Limited
  • Alexia Foods, Inc. 
  • Lamb Weston Holdings, Inc.
  • Farm Frites International B.V.
  • Others

In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.

Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Distribution Channel, End Use, Region
Breakup by Type Plain, Masala
Breakup by Distribution Channel Supermarkets/Hypermarkets, Convenience Stores, Direct Purchase, Distributors, Others
Breakup by End Use Food Service, Retail
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered McCain Foods Limited, Alexia Foods, Inc., Lamb Weston Holdings, Inc., Farm Frites International B.V., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Frozen Finger Chips Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Frozen Finger Chips Historical Market (2016-2020) 
    8.3    Global Frozen Finger Chips Market Forecast (2021-2026)
    8.4    Global Frozen Finger Chips Market by Type
        8.4.1    Plain
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Masala
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Frozen Finger Chips Market by Distribution Channel
        8.5.1    Supermarkets/Hypermarkets 
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Convenience Stores
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Direct Purchase
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Distributors
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Others
    8.6    Global Frozen Finger Chips Market by End Use
        8.6.1    Food Service
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Retail
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
    8.7    Global Frozen Finger Chips Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    McCain Foods Limited
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Alexia Foods, Inc. 
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Lamb Weston Holdings, Inc.
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Farm Frites International B.V.
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Others
16    Industry Events and Developments

 

Additional Customisations Available

1.    Manufacturing Process
    1.1.    Overview
    1.2.    Detailed Process Flow
    1.3.    Operations Involved
2.    Cost Analysis
    2.1.    Raw Material
    2.2.    Packaging
    2.3.    Utilities
    2.4.    Manpower
    2.5.    Others

List of Figures and Tables

1.    Global Frozen Finger Chips Market: Key Industry Highlights, 2016 and 2026
2.    Global Frozen Finger Chips Historical Market: Breakup by Type (USD Billion), 2016-2020
3.    Global Frozen Finger Chips Market Forecast: Breakup by Type (USD Billion), 2021-2026
4.    Global Frozen Finger Chips Historical Market: Breakup by Distribution Channel (USD Billion), 2016-2020
5.    Global Frozen Finger Chips Market Forecast: Breakup by Distribution Channel (USD Billion), 2021-2026
6.    Global Frozen Finger Chips Historical Market: Breakup by End Use (USD Billion), 2016-2020
7.    Global Frozen Finger Chips Market Forecast: Breakup by End Use (USD Billion), 2021-2026
8.    Global Frozen Finger Chips Historical Market: Breakup by Region (USD Billion), 2016-2020
9.    Global Frozen Finger Chips Market Forecast: Breakup by Region (USD Billion), 2021-2026
10.    North America Frozen Finger Chips Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    North America Frozen Finger Chips Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Europe Frozen Finger Chips Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Europe Frozen Finger Chips Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Asia Pacific Frozen Finger Chips Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Asia Pacific Frozen Finger Chips Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Latin America Frozen Finger Chips Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Latin America Frozen Finger Chips Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Middle East and Africa Frozen Finger Chips Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Middle East and Africa Frozen Finger Chips Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Global Frozen Finger Chips Market Structure

Key Questions Answered in the Report

The global frozen finger chips market reached a value of USD 21.84 billion in 2020. 

The market is expected to grow at a CAGR of about 3.0% in the forecast period of 2021-2026.

The industry is expected to expand in the forecast period to reach USD 25.32 billion by 2026.

The major drivers of the market include rising disposable incomes, increasing population, hectic lifestyles of consumers, rising demand for fast food, and the rapidly rising food chains.

Manufacturers are constantly releasing new models with differing shapes, sizes, and flavours to meet consumers' diverse tastes, which is further boosting the industry. Such product diversifications are expected to be a key trend guiding the growth of the market.

North America, Latin America, the Asia Pacific, Europe and the Middle East and Africa are the other major regions in the market.

The major types can be divided into plain and masala.

The distribution channels in the industry include supermarkets/hypermarkets, convenience stores, direct purchase, and distributors, among others.

The end-use sectors in the industry can be divided into food service and retail.

The major players in the market are McCain Foods Limited, Alexia Foods, Inc., Lamb Weston Holdings, Inc., and Farm Frites International B.V., among others.

Analyst Review

The global frozen finger chips market attained a value of USD 21.84 billion in 2020, driven by the growing demand from the food industry. It is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 3.0%. The industry is projected to be driven by the hectic lifestyles of consumers to reach a value of around USD 25.32 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of type, the market is divided into plain and masala. Based on the distribution channels, the global frozen finger chips market is divided into supermarkets/hypermarkets, convenience stores, direct purchase, and distributors, among others. It finds end-uses in the food service and retail sectors. The major regional markets for the product are North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. The key players in the above industry include McCain Foods Limited, Alexia Foods, Inc., Lamb Weston Holdings, Inc., and Farm Frites International B.V., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition. 

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