The Global French Fries Market is Experiencing a Sizzling Rise
According to The Business Research Company's French Fries Global Market Report 2023, the market for French fries is expected to increase at a strong compound annual growth rate (CAGR) of 6.9%, from USD13.37bn in 2022 to USD14.30bn in 2023.
“This upward trend is expected to persist, propelling the market size to an impressive USD18.54bn in 2027, with a CAGR of 6.7%. A key catalyst for the french fries market growth is the surging demand for ready-to-eat products, which are redefining convenience in the culinary world,” the analysts added.
The market for French fries worldwide is highly concentrated, with a small number of prominent players setting the agenda. The top 10 rivals in 2022 combined controlled 36.73% of the global French fry market.
With a sizeable 13.85% market share for French fries, McCain Foods Limited led the pack. Lamb Weston Holdings Inc., Farm Frites International B.V., JR. Simplot Company, The Kraft Heinz Company, Aviko B.V., Checkers Rally's, Albert Bartlett and Sons, Agristo N.V., and Agrarfrost were all in close pursuit.
