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.
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