LAMEA French Fries Market

LAMEA French Fries Market Size, Share & Trends Analysis Report By End-use (Food Service, and Retail), By Product (Frozen, and Fresh), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-20858 Publication Date: March-2024 Number of Pages: 110
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Market Report Description

The Latin America, Middle East and Africa French Fries Market would witness market growth of 6.3% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 1,307.0 hundred tonnes, showcasing a growth of 8.4% (2023-2030).

in the fast-paced modern lifestyle, convenience remains a key driver. Single-serve packaging, innovative dipping sauces, and on-the-go formats are trends addressing the demand for easy, portable, and shareable french fries experiences. Single-serve packaging is a prominent trend that caters to the need for convenience in consuming french fries. Individual portions offer portion control and enhance the ease of on-the-go snacking. Single-serve packaging aligns with the fast-paced lifestyle of consumers who seek quick and convenient solutions without compromising on taste.

Additionally, innovations in cooking techniques are shaping the future of the market. Advanced fryers, precision cooking, and even molecular gastronomy are applied to create perfect texture, crispiness, and flavor. Modern fryers are equipped with customizable cooking programs that allow operators to tailor the frying process to specific varieties of potatoes or even unique cuts of fries. This customization ensures that each fry type receives the ideal cooking treatment, optimizing flavor and texture. The adaptability of fryers to different cooking programs reflects a commitment to meeting the diverse preferences of consumers. From shoestring to steak-cut fries, precision cooking technologies accommodate various fry styles.

As per the data from the Government of South Africa, measured in real terms (constant 2019 prices), total income generated by the food and beverages industry increased by 14.9% in February 2023 compared with February 2022. Positive annual growth rates were recorded for bar sales (35.5%) and food sales (13.8%). Therefore, the rising food service and food and beverage sectors in LAMEA will help in the expansion of the regional market.

The Brazil market dominated the LAMEA French Fries Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $388.2 Million by 2030. The Argentina market is registering a CAGR of 6.6% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 5.9% during (2023 - 2030).

Free Valuable Insights: The Worldwide French Fries Market is Projected to reach USD 21.9 Billion by 2030, at a CAGR of 4.6%

Based on End-use, the market is segmented into Food Service, and Retail. Based on Product, the market is segmented into Frozen, and Fresh. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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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.

LAMEA 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 Country (Volume, Hundred Tonnes, USD Billion, 2019-2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
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