July 24, 2024

The Global French Fries Processing Machine Market Is Driven By Increasing Demand For Processed Food

French fries are one of the most popular snack items consumed globally. French fries processing machines offer an efficient way to process raw potatoes into French fries on a large scale. These machines perform various operations such as washing, peeling, slicing, cutting, blanching, frying and packaging. They ensure fries are uniformly cut and processed to meet quality and size standards. This helps restaurants and food chains maintain consistency in taste and quality while producing fries in large volumes. As more people are opting for convenience foods, the demand for outlets like fast food chains and takeaways is growing significantly. This is boosting the need for French fries processing machines that can process potatoes quickly and meet high production requirements.

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 11.% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

One of the key trends in the French fries processing machine market is growing automation. Manufacturers are developing advanced machines with automated functions to improve productivity and reduce labor requirements. Fully automated machines with integrated systems can perform multiple functions with minimal human intervention. Sensors, IoT, and AI technologies are being used to automate processes like portioning, grading, inspecting for defects and monitoring quality parameters. This boosts processing speed and allows machines to achieve higher production capacities compared to semi-automated counterparts. With automation, food chains and companies can uniformly produce large volumes of consistent, high-quality fries while keeping overall operational costs low. This trend is expected to significantly contribute to the demand for automated French fries processing machines.

Porter’s Analysis

Threat of new entrants: Low- Medium. Large capital requirements and economies of scale act as entry barriers. However, new technologies can disrupt the market.

Bargaining power of buyers: Medium. Buyers have moderate bargaining power due to the availability of substitutes. However, switching costs exist due to customer loyalty.

Bargaining power of suppliers: Medium. Suppliers of raw materials have some power. However, the market has multiple ingredient suppliers.

Threat of new substitutes: Low. Few substitutes are as convenient as frozen fries. Fresh-cut fries have gained traction but require more preparation.

Competitive rivalry: High. The market is highly fragmented with the presence of numerous global and regional players. Intense competition exists in terms of pricing and quality.

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 11% over the forecast period 2023 to 2030.

 

Regional analysis

North America holds the largest share due to growing fast food chains and quick-service restaurants. The U.S. accounts for the major share due to increasing popularity of snacking. Asia Pacific is expected to witness the fastest growth due to rising disposable incomes, western food influence, and growing quick service restaurants in China, India, and other developing nations.

Key players

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, and Guangzhou Electric Equipment Group Co., Ltd. Players focus on product innovation and global expansion to leverage opportunities in developing markets.

Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it