The global french fries market is expected to increase at a compound annual growth rate (CAGR) of 6.9%, from USD13.37bn in 2022 to USD14.30bn in 2023, according to The Business Research Company’s French Fries Global Market Report 2023.
With a compound annual growth rate of 6.7%, it is anticipated that this rising trend will continue, growing the market to USD18.54b in 2027. The rising desire for ready-to-eat items, which are redefining convenience in the culinary world, is a major driver of the expansion of the french fry market.
There is concentration in the worldwide french fry market, with a few leading companies setting the direction. In 2022, the market share of the top 10 competitors combined was 36.73% of the french fry market.
With a commanding 44.8% of the global market share in 2022, North America led the french fry market, followed by Western Europe and other regions. South America and the Middle East are anticipated to have the fastest-growing french fry markets.
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