PUBLISHER: KBV Research | PRODUCT CODE: 1450568
PUBLISHER: KBV Research | PRODUCT CODE: 1450568
The North America French Fries Market would witness market growth of 4.1% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 5,519.7 hundred tonnes, showcasing a growth of 4.1% (2019-2022).
The french fries market, deeply rooted in culinary traditions, continues to thrive and adapt to changing consumer preferences. From classic cuts to gourmet variations, the market reflects a dynamic landscape driven by innovation, regional influences, and a growing health and sustainability awareness. Beyond fast food, french fries have entered casual dining establishments, gastropubs, and food trucks. Their versatility allows chefs to experiment with different cuts, seasonings, and dips, elevating them from a humble side to a featured item on diverse menus.
Moreover, in recent years, the gourmetization of french fries has emerged as a culinary trend. Upscale restaurants are reimagining this familiar dish using premium ingredients, such as truffle oil, Parmesan cheese, or exotic seasonings, transforming it into a sophisticated and indulgent experience. Reimagining french fries in gourmet settings often involves using exotic seasonings and spices. Chefs experiment with unique flavor profiles, drawing inspiration from cuisines. From truffle-infused sea salt to exotic spice blends, these seasonings add complexity and depth to the fries, creating a multisensory experience for diners.
Canada's food service sector embraces diverse culinary offerings, and french fries are a versatile and popular choice across various cuisines. Including fries in various culinary styles, from traditional to innovative, can attract consumers and drive market growth. As per the data released in 2023 from Statistics Canada, January sales in the culinary services and drinking places subsector increased by 8.7% on a seasonally adjusted basis, reaching $8.0 billion. Every subsector within the in7.4% andperienced growth: full-service restaurants grew by 9.6%, limited-service restaurants by 8.6%, special culinary services by 7.4%, and drinking establishments by 1.8%. The provinces that experienced the greatest growth were British Columbia (+15.4%) and Ontario (+8.6%). Hence, North America's growing fast-food culture and food service sector will help in the growth of the regional market.
The US market dominated the North America French Fries Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6,181.6 Million by 2030. The Canada market is showcasing a CAGR of 6.5% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 5.6% during (2023 - 2030).
Based on End-use, the market is segmented into Food Service, and Retail. Based on Product, the market is segmented into Frozen, and Fresh. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America French Fries Market Report Segmentation
By End-use (Volume, Hundred Tonnes, USD Billion, 2019-2030)
By Product (Volume, Hundred Tonnes, USD Billion, 2019-2030)
By Country (Volume, Hundred Tonnes, USD Billion, 2019-2030)