Us Frozen Finger Chips Frozen French Fries Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Frozen Finger Chips Frozen French Fries Market was valued at USD 24.5 Billion in 2022 and is projected to reach USD 38.7 Billion by 2030, growing at a CAGR of 6.1% from 2024 to 2030.
The US frozen French fries market has been experiencing significant turbulence recently, marked by legal challenges, leadership changes, and shifting consumer demand. As a food industry analyst, I've observed these developments closely, noting their profound impact on both producers and consumers.
In November 2024, major potato processors—including Lamb Weston, McCain Foods, J.R. Simplot, and Cavendish Farms—faced lawsuits alleging a conspiracy to inflate prices of frozen potato products. These legal actions claim that between July 2022 and July 2024, prices for items like French fries and hash browns surged by 47%, despite declining input costs. The lawsuits suggest that these companies, controlling 97% of the market, shared sensitive business data to discourage competition, leading to artificially high prices. This situation has significantly affected restaurants and grocery stores, with over a dozen class-action lawsuits filed, arguing that inflated prices have severely impacted their profits.
Amidst these challenges, Lamb Weston, a prominent player in the industry, announced a leadership overhaul. In December 2024, the company appointed Mike Smith as the new CEO, following a surprising $36 million loss in the fiscal second quarter. This leadership change aims to address operational missteps and declining demand. Notably, Lamb Weston produces approximately 80 million servings of fries daily and supplies major chains like McDonald's, KFC, and Taco Bell. However, the company's shares have dropped over 40% this year, partly due to reduced consumer spending on dining out amid post-pandemic inflation.
In response to these market dynamics, Lamb Weston decided to close its Connell, Washington plant in October 2024, resulting in nearly 400 layoffs. This move reflects the company's strategy to align production with the decreased demand for frozen French fries. Despite these challenges, the North American frozen French fries market is projected to grow from $13.66 billion in 2022 to $19.49 billion by 2030, at a CAGR of 4.5%. This growth is driven by the deployment of innovative technologies and the rising consumption of convenience foods.
Interestingly, while the US market faces these hurdles, other countries are making strides in the frozen French fries industry. For instance, India has transitioned from being a net importer to a significant exporter of frozen French fries. In the fiscal year 2023-2024, India exported 135,877 tonnes of French fries, valued at Rs 1,478.73 crore, to markets in Southeast Asia and the Middle East. This shift is attributed to increased domestic production of processing-grade potatoes and strategic contract farming initiatives.
As the US frozen French fries market navigates these complex challenges, industry stakeholders must adapt to evolving consumer preferences, legal landscapes, and global competition to maintain their foothold in this dynamic sector.
Get an In-Depth Research Analysis of the Global Frozen Finger Chips Frozen French Fries Market Size And Forecast [2025-2032]
McCain Foods Limited
JR Simplot
Lamb-Weston
Farm Frites
Aviko
11er Nahrungsmittel GmbH
Agrarfrost
Agristo NV
Al-Salam Cooling Co.
Albert Bartlett and Sons
McCain Foods Limited
Alexia
Trader Joes
Kroger
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Frozen Finger Chips Frozen French Fries Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Frozen Finger Chips Frozen French Fries Market
Standard Frozen Finger Chips
Crinkle Cut Frozen French Fries
Steak Cut Frozen French Fries
Waffle Cut Frozen French Fries
Sweet Potato Frozen Fries
Food Service Industry
Retail Market
Bulk Packaging
Retail Packaging
Food Service Packs
Direct Sales
Online Sales
Wholesale Distribution
Demographic Segmentation
Lifestyle Segmentation
Usage Rate
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Frozen Finger Chips Frozen French Fries Market Research Analysis
1. Introduction of the Global Frozen Finger Chips Frozen French Fries Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Frozen Finger Chips Frozen French Fries Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Frozen Finger Chips Frozen French Fries Market, By Type
6. Global Frozen Finger Chips Frozen French Fries Market, By Application
7. Global Frozen Finger Chips Frozen French Fries Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Frozen Finger Chips Frozen French Fries Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/