From 2022 to 2027, the market for frozen potato fries is anticipated to grow by USD7.37bn. The market’s growth momentum will advance at a CAGR of 5.84%, predicts Technavio. The primary driver propelling the expansion of the global frozen potato fries market is the increased online presence of frozen potato fries. The growth of e-commerce has impacted the availability of various culinary items online, including frozen french fries.
Due to the convenience and time-saving advantages, customers rely on e-commerce platforms and grocery delivery services to conveniently buy for food necessities, particularly frozen foods. Compared to conventional stores, e-commerce platforms provide a wider selection of frozen potato fry brands, flavors, and container sizes. The ability to reach customers directly has been made possible by the rise of direct-to-consumer brands and internet marketplaces. The greater availability of frozen potato fries online will therefore have a favorable effect on the expansion of the global market throughout the forecast period.
During the anticipated term, the white potato fries segment’s market share growth will be high. A common side dish created from potatoes is white potato fries. Frozen white potato fries are simple to make and take little work. As a snack choice, frozen potato fries offer comfort and time-saving benefits. They need very little preparation because they are already sliced and cooked. White potato fries are a popular option from companies including McCain Foods J.R. Simplot Company, Aviko B.V., and Ore-Ida. Fries made of white potatoes have become commonplace in many cuisines and have garnered appeal all over the world. As a result, the production and distribution of frozen potato fries in various markets are influenced by this global demand, which will support the expansion of the global frozen potato fries market during the course of the projected period.
Geographically, it is predicted that North America would make up 35% of the global market during the projection period. The geographical trends and drivers that will shape the market over the course of the forecast have been thoroughly discussed by Technavio’s analysts. Consumers in North America typically eat potato fries as a side dish or snack. In this area, there has historically been a large demand for fast food. Many North Americans’ cultures and lifestyles are deeply intertwined with fast food. It will therefore increase the demand for potato fries. The need for frozen potato fries has increased as a result of the expansion of meal delivery and takeaway services, which has further fueled the demand for potato fries. This is the preferred option for delivery or takeout orders because of its capacity to maintain quality during transportation.
Find out more at: https://www.technavio.com/