“Global French Fries Market to reach a market value of USD 21.9 Billion by 2030 growing at a CAGR of 4.6%”
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).
Frozen french fries offer a convenient option for consumers who want to enjoy this popular side dish at home. Thus, the frozen segment acquired $10,867.8 million revenue in 2022. The ability to purchase pre-cut and pre-cooked frozen fries reduces preparation time, making it a convenient choice for busy households.
Globalization facilitates the exchange of cultural elements, including food traditions. The Western fast-food culture, of which french fries are a quintessential part, has become a global phenomenon. Hence, these factors can lead to increased demand for french fries in the upcoming years.
Additionally, Frozen french fries offer a convenient option for consumers who want to enjoy this popular side dish at home. The ability to purchase pre-cut and pre-cooked frozen fries reduces preparation time, making it a convenient choice for busy households. Hence, these aspects can lead to increased demand for french fries in the upcoming years.
However, the rising awareness of obesity as a health issue has led to increased scrutiny of high-calorie and high-fat foods, including traditional french fries. Hence, these factors can lead to decreased demand for french fries in the coming years.
On the basis of end-use, the market is divided into food service and retail. The retail segment recorded a 56% revenue share in the market in 2022. French fries are widely available in retail stores, and the expanded distribution network has made them easily accessible to consumers, contributing to increased sales. Hence, these aspects will pose lucrative growth prospects for the segment.
Based on product, the market is segmented into fresh and frozen. The frozen segment held the 70.4% revenue share in the market in 2022. The fast-paced modern lifestyle, coupled with an increase in dual-income households, has led to a growing demand for convenient food solutions.
Free Valuable Insights: Global French Fries Market size to reach USD 21.9 Billion by 2030
By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The North America segment procured 41% revenue share in the market in 2022. Thus, the segment will grow rapidly in the coming years.
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 15.4 Billion |
| Market size forecast in 2030 | USD 21.9 Billion |
| Base Year | 2022 |
| Historical Period | 2019 to 2021 |
| Forecast Period | 2023 to 2030 |
| Revenue Growth Rate | CAGR of 4.6% from 2023 to 2030 |
| Quantitative Data | Volume in Hundred Tonnes, Revenue in USD Billion, and CAGR from 2019 to 2030 |
| Number of Pages | 218 |
| Number of Tables | 470 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Product, End-use, Region |
| Country scope |
|
| Companies Included | 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. |
By End-use (Volume, Hundred Tonnes, USD Billion, 2019-2030)
By Product (Volume, Hundred Tonnes, USD Billion, 2019-2030)
By Geography (Volume, Hundred Tonnes, USD Billion, 2019-2030)
This Market size is expected to reach $21.9 billion by 2030.
Increasing globalization and westernization of diets are driving the Market in coming years, however, Increasing health concerns linked with french fries restraints the growth of the Market.
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.
In the year 2022, the market attained a volume of 16,526.5 hundred tonnes, experiencing a growth of 4.7% (2019-2022).
The Food Service segment is leading the Market, By End-use in 2022; there by, achieving a market value of $11.2 billion by 2030.
The North America region dominated the Market, By Region in 2022, and would continue to be a dominant market till 2030; there by, achieving a market value of $8.6 billion by 2030.
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 