French Fries Processing Machine Market is Estimated to Witness High Growth Owing to Opportunity for Increased Capacity and Production Efficiency
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| French Fries Processing Machine Market |
French fries processing machines
are used to slice and process potatoes into French fries and other potato
products. They help minimize preparation time and ensure uniform size and shape
of cut potatoes. French fries are one of the most popular snack foods consumed
worldwide. They are enjoyed as an accompaniment with burgers, sandwiches or as
a snack on their own. The global demand for French fries and other convenient
potato products is growing steadily with increasing popularity of fast food
chains.
The Global French Fries
Processing Machine Market Share is estimated to be valued at US$ 921.8 Mn in 2023 and is expected to
exhibit a CAGR of 11% over the
forecast period 2023 to 2030, as highlighted in a new report published by
Coherent Market Insights.
Market Dynamics:
The increasing demand for French
fries and other processed potato products from quick service restaurants and
retail food outlets is a key driver contributing to growth of French fries
processing machine market. According to market estimates, global consumption of
French fries is expected to surpass 50 million tons by 2027. Rapid expansion of
fast food chains especially in developing countries of Asia Pacific and Latin
America is generating significant demand for French fries processing machines
to handle bulk production requirements. Moreover, technological advances in
machine design for attributes like automated cutting systems, variable slicing
thickness, continuous processing are helping boost efficiency and addressing
different customer needs. However, presence of alternative potato cutting
equipment and fluctuations in raw material prices can hamper market growth.
SWOT Analysis
Strength: French Fries Processing
Machine helps in increasing the production capacity and efficiency. It reduces
manual intervention and minimizes human errors. It provides uniform sizes and
shapes of fries.
Weakness: Initial investment
required for installation of machine is high. It requires regular maintenance
and servicing. Seasonal demand fluctuations pose utilization challenges.
Opportunity: Growing fast food
industry worldwide increases the demand for processed French fries. Rising
health consciousness is shifting preference to fresh and healthy fried foods.
Technological advancements lead to development of automated machines.
Threats: Threat of substitute
foods like baked potatoes and sweet potato fries. Stringent government
regulations regarding food quality and safety standards.
Key Takeaways
The Global
French Fries Processing Machine Market Size is expected to witness high
growth. The North American region currently dominates the market due to high
consumption of fast foods. Key players like Ellirt B.V, Heat and Control, Inc.,
TOMRA are focusing on this region.
Regional analysis: The Asia Pacific region is expected to exhibit
the fastest growth during the forecast period. Countries like China, India are
witnessing rising disposable incomes and changing lifestyles boosting the quick
service restaurants industry. Growing fast food chains in Asia Pacific creates
demand for processed French fries.
Key players operating in the French Fries Processing Machine market
are Ellirt B.V, Kirembko B.V., Heat and Control, Inc., Vanmark Equipment LLC,
TOMRA, Guangzhou Electric Equipment Group Co., Ltd., and Frenchfriesmachine.
Key players are focusing on new product launches and expansions to strengthen
their market presence.
Get More Insights Here
https://masstamilan.in/procurement-outsourcing-a-viable-option-to-reduce-costs/
https://www.newsstatix.com/french-fries-processing-machine-market-size-share-growth-outlook-2023/
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