Description
North America French Fries Market by Product Type (Regular and Frozen); By Age Groups (Below 18 Years, 20 – 35 Years Old and Above 35 Years); By Distribution Channel (QSR, Institutional, Restaurant and Others) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030.
Product Overview
French fries are a deep-fried meal made from potatoes which come in various shapes and sizes and is mostly served sweet, soft or crispy. French fries, potato chips, wedges are some types of frozen potatoes. Potatoes are kept at extremely low temperatures for food preservation and safety. Various kinds of French fries are available for customers, ranging from simple salted flavors to spicy versions.
Market Highlights
North America French Fries Market size was registered at USD XX billion in 2019 and is estimated to reach USD XX billion by 2030, registering a CAGR of XX% from 2020 to 2030. Certain factors driving the growth of the French frieze market in North America.
North America French Fries Market: Segments
North America French Fries Market is segmented on the basis of source, crop type, form and region.
By distribution channel (in %), North America French Fries Market, 2019
The QSR segment is anticipated to register XX% of the market share during the forecasted period.
By distribution channel, it is categorized into QSR, institutional, restaurant and others.
During the forecast period, the Quick Service Restaurants (QSR) segment dominates the French Fries market’s distribution channel segment. Customer expectations and personal income push French fries demand. Product productivity is based on effective marketing and productive operations. Consumers are searching for the convenience of eating out, but they are drawn by the low prices of fast-service restaurants over restaurants served at table.
North America French Fries Market Dynamics:
Increasing demand for French fries and lifestyle changes to drive the market demand
The French fries market in North America is expected to witness a steady growth over the forecast period, which can be attributed to increased consumer affinity towards fast food due to busy lifestyle. Increasing the number of people eating out at restaurants additionally helps the growth of French fries on the North American market. Certain factors driving the growth of the French frieze market in North America include an increase in disposable income, an increase in the number of fast-food restaurants and a rise in convenience due to an increase in online shopping penetration and the adoption of home delivery services.
Health hazards due to consumption of French fries to hamper the market growth
Health hazards associated with fried foods such as problems of obesity and cholesterol and high blood pressure serve as a major constraint on the French fries market in North America.
North America French Fries Market: Regions
In terms of value and volume, North America accounted for XX% of total market volume share in 2019
The French fries market in North America is expected to rise steadily over the forecast period. The rise is also complemented by an increase in the dependence of the working population on fast food due to busy lifestyles and changes in consumer behavior. The rise in the number of fast-food outlets in the region is also expected to increase growth of the North American French fries market.
North America French Fries Market: Competitive landscape
Some factors that improve the role in the market of the key players within the French fries market have been the expansion, product launch, and acquisition as well as increased demand. Rising trend of working population relying on fast food due to busy lifestyles and improvements in consumption behavior also improve role of key players.
· North America French Fries Market: Key players
·
• Mccain Foods Limited
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Agristo Nv
• Alexia Foods
• Aviko
• Cavendish Farms
• J.R. Simplot Company
• Lamb Weston Holdings, Inc.
• Luxfries Bvba
• Nathan’s Famous
• Other prominent players
· North America French Fries Market report also contains analysis on:
·
• North America French Fries Market segments: –
·
• By Distribution channel:
o QSR
o Institutional
o Restaurants
o Others
• By type:
o Regular
o frozen
• By age groups
o Below 18
o 20-35
o Above 35
• North America French Fries Market dynamics
• North America French Fries Market size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
