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Emerging French Fries Market Trends: Innovative Product Offerings Driving Evolution In The French Fries Market Shaping the Future of the Industry
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the French Fries Industry Market Size Be by 2025?
In recent times, the market size for french fries has witnessed significant growth. It is projected to escalate from $17.45 billion in 2024 to $18.54 billion in 2025, with a compound annual growth rate (CAGR) of 6.2%. The substantial growth seen in the historic era is the result of robust economic expansion in burgeoning markets, the spread of fast-food establishments, and an increase in disposable income.
What's the Long-Term Growth Forecast for the French Fries Market Size Through 2029?
Anticipated robust development in the french fries market size is on the horizon for the upcoming years. The market is predicted to reach a value of $23.25 billion by the year 2029, noting a compound annual growth rate (CAGR) of 5.8%. This surge within the forecast period can be credited to the escalating demand for ready-to-eat items, an increase in the younger demographic, a rise in online food delivery services, and heightened urbanization. Key trends to watch for during this forecast period encompass expanding investments, the utilization of robots in food preparation, amplified interest in providing healthier french fries alternatives, product innovation, and a drive toward launching french fries appropriate for vegan diets.
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What Are the Key Growth Drivers Fueling the French Fries Market Expansion?
The surge in popularity of ready-to-eat meals is predicted to fuel the expansion of the french fries market. Ready-to-eat (RTE) meals comprise food that has been previously cleaned, cooked, packaged, and does not require any further preparation or cooking to be consumed. Examples of these include salads, cooked meats, smoked fish, desserts, sandwiches, cheese, and any food prepared in advance to be served cold. French fries, a much-loved fast food dish and side order made from thinly cut, deep-fried potatoes, are often consumed as a ready-to-eat snack or side item, contributing to an increase in the French fries market. For instance, data from India's Ministry of Commerce and Industry in January 2022 showed that exports of ready-to-eat food products grew by 24% to $ 394 million in the 2021-22 fiscal year (April-October) compared to the year before. In addition, retail sales in Japan's pre-packaged food sector were reported by Euromonitor to be worth $216.3 billion in 2022. As a result, the rising demand for ready-to-eat meals is stimulating the growth of the french fries market.
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What Are the Key Trends Driving French Fries Market Growth?
The emergence of product innovation is a significant trend being observed in the French fries industry. Major players in this market are leveraging advanced technologies to maintain their competitiveness. For instance, The H. J. Heinz Company, an American food processing business, introduced a Spoon Made of Fries in July 2022 for a perfect ketchup dollop. This innovative creation by Heinz, the Spoon Friez, is undoubtedly top-notch. These spoon-like chips ingeniously solve the age-old problem of dipping chips in ketchup without the hassle of spills or messy tops. These mini potato spoons scoop the right amount of Heinz tomato ketchup with each bite, making them a substantial alternative to adult bibs.
How Is the French Fries Market Segmented?
The french fries market covered in this report is segmented -
1) By Product: Fresh, Frozen
2) By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Online, Distributors, Direct Purchase
3) By End-Use: Food Service, Retail
Subsegments:
1) By Fresh: Whole Fresh Potatoes, Freshly Cut French Fries
2) By Frozen: Frozen Raw French Fries, Frozen Pre-Cooked French Fries, Frozen Specialty French Fries
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Which Companies Are Leading the Charge in French Fries Market Innovation?
Major companies operating in the french fries market include McCain Foods Limited, Lamb Weston Holdings, Inc, Farm Frites International B.V, JR. Simplot Company, The Kraft Heinz Company, Aviko B.V., Checkers Rally's, Albert Bartlett and Sons, Agristo N.V., Agrarfrost, Bendotti/WA Chip, Birds Eye, Kaida, Landun Xumei Foods Co. Ltd, Dicos, Zhucheng Dragon Fritopack Co., Ltd, Real Kungfu, Joyvio Group, Belaya Dacha Group, Miratorg Agribusiness Holding, Selkhozinvest, COMPRODCOOP SA, Tomfrost, Intended Foods, Ore-Ida, Alexia Foods, Cavendish Farms, Pepsico, Agrícola Chapi, Frozen Express, Bem Brasil Alimentos LTDA, Del Ande Alimentos SAC, Freshky, Al Islami Foods, Al Kabeer Groupe, Wafrah for Industry and Development, Nature's Garden Pty (Ltd), Sano Foods, The Nile Egyptian Co, OK Fruits LLC, Maysa French Fries
Which Regions Are Leading the Global French Fries Market in Revenue?
North America was the largest region in the French fries market in 2024. The regions covered in the french fries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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