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Frozen Finger Chips Market Growth 2022

The global frozen finger chips market is growing with a CAGR of 3.7 % and touched USD 20.72 Billion in 2020. The market is expected to reach USD 26.35 Billion by 2027.

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Frozen Finger Chips Market Growth 2022

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  1. Global Frozen Finger Chips Market, By Type- Trend Analysis, Competitive Market Share & Forecast, 2020-2027

  2. Global Frozen Finger Chips Market- Industry Trends & Forecast Report 2027 Frozen finger chips market, also known as frozen French fries, are thin to medium potato strips, fried or baked for ingesting. Frozen finger chips are a popular alternative to freshly cut potatoes, as they are convenient to cook and can be stored for relatively long periods while maintaining quality and taste. These readily accessible foods are available in various shapes, sizes, and flavors. Frozen finger chips are made from either sweet potato fries or white potato fries. The manufacturers generally use certified organic and sweet potato varieties, as they are highly preferred by consumers and capture the largest market share.

  3. Growth Drivers  Increasing demand for ready-to-eat snacks and convenience foods across the globe The market is primarily driven by increasing demand for ready-to-eat snacks and convenience foods worldwide. This can be accredited to the busy lifestyles of working professionals, changing dietary preferences of consumers, and rising disposable income levels. Moreover, the widespread popularity of many global cuisines and the westernization of food consumption patterns are also boosting the demand for frozen French chips worldwide. Sample Copy: https://www.blueweaveconsulting.com/report/global-frozen-finger-chips-market/report-sample

  4. Restraints  Increasing Health-Related Issues A few restraints and challenges such as health-related issues will hamper the market growth.The higher consumption of fried potatoes increases the risk of chronic diseases, such as obesity, hypertension, and diabetes, which are also influential risk factors for cardiovascular diseases. Moreover, French fries fried at too high temperatures are likely to contain trans fats, leading to an increased risk of premature death. According to experts, those who consume French fries more than twice a week have an increased risk of dying. These factors are the potential restraints hampering the overall global frozen finger chips (frozen French fries) market.

  5. Impact of COVID-19 Since the outbreak of the COVID-19 virus in December 2019, the disease has spread to almost every country across the world, prompting the World Health Organization to declare it a public health emergency.Global impacts of COVID-19 are already being felt by the Frozen Finger Chips market, which will bear the brunt of the pandemic in the coming years.Due to the spread of coronavirus, complete lockdowns and stay-at-home regulations have been enforced by the governments of different countries across the globe. Since the eruption of Covid -19, fast-food sales have fallen sharply. Moreover, the cancellation of all sports events like basketball, baseball, cricket, etc., has massively reduced the number of places where french fries are served. Even sports bars where customers would have munched on fries' baskets as they observed their favorite teams play are now closed.

  6. Regional Insights On the geographical front, Europe holds a prominent position in the market. Other major regions include North America, the Asia-Pacific, Latin America, and the Middle East and Africa. Europe currently acts as the world’s largest frozen finger chips market, followed by North America and the Asia Pacific.A large population eating out at restaurants drive the growth of the frozen finger chips market in the North American market. Other reasons that motivate the growth of the North American French fries market comprise a rise in disposable income, a rise in the number of fast-food restaurants, and surge inaccessibility due to an increase in penetration of online shopping and acceptance of home delivery facility.

  7. Competitive Landscape Key players in the global frozen finger chips market are McCain Foods Limited,JRSimplot,Lamb-Weston,Farm Frites,Aviko,11er NahrungsmittelGmbH,Agrarfrost,AgristoNV,Al-Salam Cooling Co.,Albert Bartlett and Sons,Ore-Ida,Alexia,TraderJoe’s,Kroger, and other prominent players. The market position is mostly fragmented with a large consumer base inclined towards fast food intake. Increasing manufacturing offast food and some mergers and acquisitions are set to bolster the competitive market worldwide.

  8. Recent Development • In February 2011, McCain Foods Limited invested heavily in TruLeaf Sustainable Agriculture and its wholly-owned subsidiary GoodLeaf Farms, Canada’s largest commercial vertical farming operation, to aid the company’s growth and expansion plans. • On March 5th, 2021, Key Technology, a member of the Duravant family of operating companies, introduced Global View™, a patented new software-driven platform for their VERYX® digital sorters.

  9. Key Players Key players for Global Frozen Finger Chips Market areMcCain Foods Limited,JRSimplot,Lamb-Weston,Farm Frites,Aviko,11er NahrungsmittelGmbH,Agrarfrost,AgristoNV,Al-Salam Cooling Co.,Albert Bartlett and Sons,Ore-Ida,Alexia,TraderJoe’s,Kroger and other prominent players.   

  10. About Us: Blueweave Consulting offers a one-stop solution for your market intelligence needs for any service or product. You get well-researched comprehensive reports based on qualitative and quantitative data to put your business plan into action. Your well-informed and timely decisions using our reports avert situations of excessive risks and help you grow your business with optimum risk-return trade-off. Delivering quality insights into several product or service markets within the timeline as per the needs of the clients has earned BWC an excellent reputation among clients. BWC strives to provide timely and accurate digital market intelligence services for making your business endeavors successful.

  11. Contact Us:  +1 866 658 6826 +1 425 320 4776 +44 1865 60 0662  info(@)blueweaveconsulting.com  www.blueweaveconsulting.com

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