North America French Fries Market is Anticipated to Increase at a Stable CAGR over the Forecast By 2026

According to a new report published by Allied Market Research, titled, "North America French Fries Market by Product, Age Group and Distribution Channel: Opportunity Analysis and Industry Forecast, 2019-2026,"

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6315

The North America French Fries market size was valued at $7,758.9 million in 2018 and is expected to grow at a CAGR of 3.2% to reach $ 9,948.3 million in 2026.

The key players in the North America French fries industry profiled in the report include Agristo Nv, Alexia Foods, Aviko (Royal Cosun), Cavendish Farms, J.R. Simplot Company, Lamb Weston Holdings, Inc., Luxfries Bvba, McCain Foods Limited, Nathan's Famous, Inc., and Ore-Ida.

The French fries market in North America is driven by increase in affinity of consumers toward fast food as well as increase in number of people preferring to eat outside over cooking. Moreover, increase in the number of fast food outlets, a rise in the disposable income of people in the region coupled with rise in penetration of online shopping and adoption of home delivery service make way for the North America French fries market growth. However, health issues such as obesity and cardiac diseases associated with fried food act as a major restraint for the growth of the French fries market in the U.S. and Canada. On the contrary, introduction of healthy varieties of French fries such as low carbohydrate, and air fried/baked is expected to provide opportunities for the growth of the North America French fries market.

The North America French fries market is segmented on the basis of type, age group, distribution channel, and country. By type, the market is segmented into regular and frozen French fries. On the basis of age group, the market is categorized into below 18 years old, between 20 and 35 years old, and above 35 years old. By distribution channel, the market is divided into quick service restaurants (QSRs), institutions, restaurants and others. By country, the market is been studied across the U.S. and Canada.

Buy This Report (263 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/7ca8b31aacd82004fe4e7c931f09afe6

According to the North America French fries market analysis by product, the frozen segment was the most prominent category in 2018 and is expected to remain dominant during the forecast period. This is attributed to ease of storage due to high shelf life of the frozen products over the conventional products.

In 2018, by age group, the between 20 and 35 years old segment was the highest contributor to the French fries market in the North America. This can be attributed to the busy lifestyles, rise in dependence on fast food, and the preference of having convenient meal options among this demographic cohort in the U.S. and Canada.

According to the North America French fries market forecast by distribution channel, the QSR segment accounted for the highest share in the market in 2018 and is expected to grow at significant growth rate through the forecast period. The growth in this segment is driven by rise in number of Quick Service Restaurants (QSRs) along with a rise in the number of people preferring to eat outside.

By country, the U.S. was the most prominent market in 2018 and is expected to dominate the North America French fries market through 2019-2026. The key players in the industry have adopted a number of strategies such as product launch, expansion, and acquisition as their go-to strategies to stay competitive in the market.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6315

Key Findings of The Study

The North America French Fries market was valued at $$7,758.9 million in 2018 and is estimated to reach $9,948.3 million by 2026, growing at a CAGR of 3.2% throughout the forecast period.
Based on product, the frozen segment is expected to witness the fastest growth, registering a CAGR of 3.2% during the forecast period.
In 2018, based on age group, the 20-35 year old segment held the highest share, accounting for more than half of the global market share.
In 2018, QSR was the most prominent market in the U.S. and Canada region is expected to grow at a significant CAGR throughout the forecast period.
U.S. was the dominant country in 2018, accounting for more the four-fifths of the North America French fries market share.

Contact:

United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.