French
fries processing machines are widely used for commercial food preparation in
restaurants, fast food chains and cafeterias. The machines efficiently slice
and fry potatoes into uniformly shaped French fries with consistent quality,
which helps meet the rising demand for fast foods. French fries are one of the
most popular side dishes consumed worldwide due to their appealing taste and
crispy texture. The need for French fries is growing rapidly with the expansion
of fast food restaurants and takeaway services.
The
global French Fries Processing Machine Market is estimated to be valued at US$ 921.8 Mn in 2023 and is expected to
exhibit a CAGR of 3.5% over the
forecast period 2023 to 2030, as
highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing demand for fast foods is one of the key trends driving the
growth of the French fries processing machine market. As lifestyles become more
hectic and fast-paced, demand for convenient and readily available fast foods
is witnessing a steady rise globally. According to studies, sales of fast foods
grew by over 5% annually during the last decade. The availability of French
fries and other fried snacks in the menus of fast food joints has made them
increasingly popular. This growing appetite for fried fast foods has pushed
restaurant operators and quick-service brands to invest in automated processing
equipment like French fries cutting and frying machines to meet the escalating
productivity demands efficiently while maintaining consistency and quality of
products prepared. Automated fryers help produce uniform fries at much higher
speeds with reduced preparation time compared to manual methods.
Segment Analysis
The global French fries processing machine market is segmented on the basis of
product type, capacity, application, and geography. Based on product type, the
market is bifurcated into cutter, slicers, and others. Among these, the cutter
segment dominates the market and accounts for around 55% of the overall market
share. Cutters are more preferred by food processing companies for French fries
production as they help in cutting potato strips uniformly with consistent
measurements.
Key Takeaways
The
Global
French Fries Processing Machine Market Size is expected to witness high
growth. The global French Fries Processing Machine Market is estimated to be
valued at US$ 921.8 Mn in 2023 and is expected to exhibit a CAGR of 3.5% over
the forecast period 2023 to 2030.
The
regional analysis shows that North America currently dominates the global
market. This is attributed to factors such as high consumption of fast food in
countries like the US and Canada. According to data, American consume around 22
pounds of French fries annually per capita. This is owing to growing fast food
chains and quick service restaurants in countries like UK, Germany, and France.
Major players in Europe are expanding their production facilities and
distribution network to leverage the growth opportunities.
Key
players operating in the French fries processing machine market are Bausch
Health Companies, Inc., Recordati Rare Diseases Inc., Lucane Pharma SA, Acer
Therapeutics, Ultragenyx Pharmaceutical Inc., Aeglea BioTherapeutics, Arcturus
Therapeutics Holdings Inc., Orpharma Pty Ltd., Selecta Biosciences, Inc.,
Abbott Laboratories, NESTLÉ S.A., DANONE S.A., and Mead Johnson & Company,
LLC.
Get
more insights on this topic:
https://www.marketwebjournal.com/french-fries-processing-machine-market-trends-size-and-share-analysis/
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