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French Fries Market Growth Accelerated By Increased Demand For Healthier Snacking Options

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Dhanesha Patil
French Fries Market Growth Accelerated By Increased Demand For Healthier Snacking Options

French fries are one of the most popular snacks due to their taste and ease of preparation. Fries are usually made from potatoes that are deep fried which gives them a crispy texture and flavorful taste. However, regular fries are high in calories, fat and sodium which is contributing to rising health issues. As a result, consumers are increasingly demanding healthier frying options like baked fries that are lower in fat and calories.


The global French Fries Market is estimated to be valued at US$ 16.77 Bn in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Market key trends:

The demand for healthier snacking options is one of the major trends being witnessed in the French fries market. Consumers now prefer products that are lower in calories, fat and sodium. As chronic diseases linked to unhealthy diets rise, people are focusing more on wellness and switching to nutritious alternatives of their favorite snacks. To cater to this demand, companies are innovating new product varieties of French fries like baked fries that have fewer ingredients and are lower in fat as compared to regular deep fried varieties. This is increasing the popularity of baked fries as a healthier substitute. The launch of new baked fry products in novel flavors will continue to drive the market growth over the forecast period.

Segment Analysis

The Global French Fries Market Analysis is segmented by product type, end-use, distribution channel and packaging. By product type, frozen French fries dominate the market and are expected to remain the largest segment during the forecast period. Frozen French fries are highly preferred by consumers and restaurants/takeaways, as frozen French fries are readily available and can be cooked easily when needed. By end-use, foodservice dominates the market. High consumption of French fries through restaurants, fast food chains, cafes, and similar foodservice points are driving the segment.


Key Takeaways

The global French fries market is expected to witness high growth during 2023-2030.


Regional analysis: The North American region currently dominates the global French fries market and is expected to remain the largest market during the forecast period. The United States accounts for the major share in the global as well as the North American market. Availability of a wide range of French fries flavors and frequent launches of new product variants coupled with high consumption at foodservice points are fueling the market in the region. The Asia Pacific region is expected to witness the fastest growth during 2023-2030. Growing population, rising disposable incomes, expansion of global and local QSR chains are driving the demand for French fries in Asia Pacific countries like China, India.


Key players: Key players operating in the French fries market are Johnson & Johnson, Pfizer, Sanofi, Merck & Co., Gilead Sciences, Amgen, Novartis, AbbVie, GlaxoSmithKline, AstraZeneca, Bristol-Myers Squibb, Eli Lilly, Teva Pharmaceutical, Bayer, Novo Nordisk, Allergan, Takeda Pharmaceutical, Boehringer Ingelheim, Aspen Pharmacare, Astellas Pharma. Some of the major players are focusing on new product launches, expansion to untapped markets and mergers & acquisitions to gain more market share. Private label brands are also expanding their presence across various regions which is intensifying the competition.

Get more insights on this topic: https://www.trendingwebwire.com/french-fries-market-size-and-share-analysis-growth-trends-and-forecasts/

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