The French Fries Market is Predict to reach USD 21.9 Billion by 2030, at a CAGR of 4.6%

French Fries Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global French Fries Market size is expected to reach $21.9 billion by 2030, rising at a market growth of 4.6% CAGR during the forecast period. In the year 2022, the market attained a volume of 16,526.5 hundred tonnes, experiencing a growth of 4.7% (2019-2022).

The supply chain for french fries is being studied to improve traceability and transparency using blockchain technology. Using blockchain, stakeholders can create a tamper-proof record of the potatoes' journey from farming to processing, providing consumers with verifiable information about sourcing and production practices. Likewise, in response to health concerns, innovations are emerging to create healthier versions of french fries. This includes using alternative cooking methods, such as air frying, and incorporating nutrient-dense ingredients to enhance the nutritional profile of the beloved snack.

The Food Service segment is leading the Global French Fries Market, By End-use in 2022; thereby, achieving a market value of $11.2 billion by 2030. The enduring popularity of fast food, characterized by its quick service and convenience, contributes to the consistent demand for french fries. QSRs, known for their efficient service, often feature french fries as a complementary staple. The quick and accessible nature of fast food aligns with modern consumer lifestyles, making french fries a go-to side dish or snack. Fast-food chains leverage the popularity of fries to attract and retain customers. Therefore, these aspects can lead to decreased demand in the segment.

The Fresh segment is experiencing a CAGR of 5.5% during (2023 - 2030). There is a growing consumer demand for premium and artisanal food products, including fresh-cut fries prepared using high-quality, whole potatoes. Fresh-cut fries are often associated with a more authentic and customizable culinary experience, appealing to consumers seeking higher quality and a closer connection to the food preparation process. Thus, these factors will assist in the growth of the segment.

Full Report: https://www.kbvresearch.com/french-fries-market/

The North America region dominated the Global French Fries Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $8.6 billion by 2030. The Asia Pacific region is anticipating a CAGR of 5.1% during (2023 - 2030). Additionally, The Europe region would exhibit a CAGR of 4.4% during (2023 - 2030).

List of Key Companies Profiled

• McCain Foods Limited
• J.R. Simplot Company
• Lamb Weston Holdings, Inc.
• Aviko Rixona B.V. (Royal Cosun)
• Farm Frites International B.V.
• LUXFRIES NV
• General Mills, Inc.
• Alexia Foods, Inc. (Conagra Brands, Inc.)
• The Kraft Heinz Company
• Himalaya Food International Ltd.

French Fries Market Report Segmentation

By End-use (Volume, Hundred Tonnes, USD Billion, 2019-2030)

• Food Service
• Retail

By Product (Volume, Hundred Tonnes, USD Billion, 2019-2030)

• Frozen
• Fresh

By Geography (Volume, Hundred Tonnes, USD Billion, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America French Fries Market Size, Share | 2030

• March-2024
• 100 Pages

LAMEA French Fries Market Size, Growth Report | 2030

• March-2024
• 110 Pages

Europe French Fries Market Size, Growth Trends | 2030

• March-2024
• 109 Pages

Asia Pacific French Fries Market Size, Share | 2030

• March-2024
• 111 Pages