Global French Fries Market Size, Share & Trends Analysis Report By End-use (Food Service, and Retail), By Product (Frozen, and Fresh), By Regional Outlook and Forecast, 2023 - 2030
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.
By End-use Analysis
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.
By Product Analysis
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.
By Regional Analysis
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.
Recent Strategies Deployed in the Market
- Sep-2022: McCain Foods Limited took over Scelta Products, a global leader in producing high-quality, innovative mushroom-based food products. Through this acquisition, Scelta's product portfolio would be added to McCain Foods product offerings.
- Feb-2022: The Kraft Heinz Company signed an agreement with J.R. Simplot Company, a prominent American agribusiness firm known for its innovations in potato processing and other agricultural products. Both companies entered into a long-term agreement designating Simplot as the sole producer and provider of Ore-Ida products, Kraft Heinz would retain ownership of the Ore-Ida brand.
- Dec-2021: McCain Foods Limited came into partnership with Strong Roots, a food brand known for its range of plant-based frozen products, committed to offering healthy and sustainable options to consumers. Through this partnership, McCain Foods would broaden its product selection to cater to the growing demand from consumers seeking delicious, wholesome meals featuring real fruits and vegetables.
- Jul-2021: General Mills, Inc. acquired Tyson Foods' Pet Treats Business, a leading American multinational corporation in the food industry, specializing in meat processing and production. Through this acquisition, General Mills would be integrated with Tyson Foods' Pet Treats Business, which would be an excellent addition to their existing BLUE pet food lineup, anticipating substantial and sustainable growth opportunities for the unified pet food venture.
- Jan-2020: Aviko Rixona B.V. took over Hongyuan Louis, a company that specializes in innovative technology solutions for sustainable energy applications. Through this acquisition, Aviko would be able to robust Chinese market presence through contemporary local manufacturing capabilities.
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.
Global French Fries Market Report Segmentation
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)
- 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