- April 2021 |
- Food and Beverage / Food
Global Frozen Finger Chips Market,By Type(Plain, Masala); By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Direct Purchase, Distributors); By End-Use(Food Service, Retail); By Region (North America, Europe, the Asia-Pacific, the Middle East & Africa, and Latin America); Trend Analysis, Competitive Market Share & Forecast, 2020-2027
Global Frozen Finger Chips Market Size – Industry Trends & Forecast Report 2027
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. The global frozen finger chips market is driven by factors such as the rising acceptance of western-style cuisine amongst the young generation. Globally, a growing young population is embracing Western culture, which has resulted in a rise in fast-food restaurants and junk food consumption.
Source: BlueWeave Consulting
Global Frozen Finger Chips Sales Market Overview:
Finger chips, one of the most readily accessible foods, are prepared either by frying or baking. Many producers offer certified organic and sweet potato varieties, which are popular trends in the market. 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. The rising popularity of frozen finger chips can be attributed to fast-paced lifestyles, the growing preference for western-style snacks among youngsters, the popularity of fast food joints, application in households/foodservice sector, and the growing impact of western culture in developing markets.
Global Frozen Finger Chips Sales Market Forecast and Trends
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.
Rapid urbanization and changing consumer habits have considerably contributed to the growth of the market. Additionally,the...