North America Frozen Potato Market Forecast to 2030
North America Frozen Potato Market Forecast to 2030 – Regional Analysis – by Product Type (French Fries, Hash Brown, Shaped, Mashed, Battered/Cooked, Topped/Stuffed, and Others) and End-User (Residential and Commercial)
$2,100 – $3,500
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Description
Expansion of Quick Service Restaurants (QSRs) Fuel North America Frozen Potato Market
Fast-food and quick-service restaurants have now become the need of the hour for consumers. Due to the fast-paced lifestyle, people are increasingly prioritizing convenience. Moreover, due to the rising number of dual-income families and single-person households, people don’t get enough time to focus on their personal lives. Therefore, they are seeking products that offer them convenience and help save their time and effort. Fast food restaurants and quick service restaurants (QSRs) offer mass-produced products in no time offering huge convenience to the consumers. These restaurants are becoming popular because they offer a variety of food in very less time and at affordable prices. Consumers now want convenience and quick service with their food. Quick-service restaurants cater to the need of the consumers as they offer sit and dine, along with numerous services such as drive-thru, takeout, and home delivery, which suits the modern lifestyle of the consumers. Due to the growth and expansion of these quick-service restaurants or QSRs, the demand for frozen potatoes has also increased. Products like frozen French fries, hash browns, and shaped and stuffed/topped potatoes are mostly demanded by the QSRs because frozen potato requires less preparation time and is easy to use. This helps the QSRs to provide the consumers with their food quickly, which is the main strength of the quick-service restaurants.
North America Frozen Potato Market Overview
The North America frozen potato market is segmented into the US, Canada, and Mexico. The region is one of the major markets for frozen potatoes due to the presence of a well-established food processing industry, rising trends of takeaway, dine-in, and on-the-go consumption, and string retail as well as the foodservice sector. Many significant frozen potato manufacturers including H.J. Heinz Company, J.R. Simplot Company, and McCain Foods Limited, among others are operating actively in the region. These companies have expanded their business across the region and hold significant market share as well. They have a widespread distribution network in the region which help them to cater to a large number of audiences. These factors are driving the growth of the North America frozen potato market during the forecast period.
North America Frozen Potato Market Revenue and Forecast to 2030 (US$ Million)
North America Frozen Potato Market Segmentation
The North America frozen potato market is segmented into product type, end-user, and country.
Based on product type, the North America frozen potato market is segmented into French fries, hash brown, shaped, mashed, battered/cooked, topped/stuffed, and others. The French fries segment accounted the largest share of the North America frozen potato market in 2023.
Based on end-user, the North America Frozen Potato Market is divided into residential and commercial. The commercial segment held a larger share of the North America frozen potato market in 2023.
Based on country, the North America frozen potato market is segmented into the US, Canada, and Mexico. The US dominated the North America frozen potato market in 2023.
Agristo NV, Aviko B.V., Bart’s Potato Company, Greenyard, Himalaya Food International Ltd, J.R. Simplot Company, Lamb Weston Holdings Inc, Mccain, and The Kraft Heinz Co are some of the leading companies operating in the North America frozen potato market.
Summary Info
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According to the research team Market research, the North America frozen potato market was valued at US$ 23,733.53 million in 2023 and is expected to reach US$ 33,031.90 million by 2030 registering a CAGR of 4.8% from 2023 to 2030. Expansion of quick service restaurants (QSRS) and rising demand for convenience food are the critical factors attributed to the North America frozen potato market expansion.
There is a surge in demand for frozen food due to the rising purchasing power and growing consumer preference toward ready-to-eat convenience food items. The preference for ready-to-eat, microwavable, and ready-to-prepare food products is rising significantly as they are highly suitable for on-the-go consumption and require minimal preparation time. The number of dual-income families in developed countries such as the US like others is rising substantially. People find it hard to manage work as well as household chores due to lack of time. Therefore, they prefer to eat out or consume ready-to-eat products that require minimal preparation and cooking efforts. In addition, the number of single or two-person households are growing in various developed nations such as the US and Canada etc. According to the 2020 Current Population Survey, there were 36.1 million single-person households in the US, accounting for 28% of all households. As a result of the growing number of one or two-person families, the demand for ready-to-eat, portion-controlled foods has risen. Frozen food products are also growing in demand as they have an extended shelf-life, are suitable for single-person consumption, and can be prepared in very less time. According to the ‘Power of Frozen’ report published by the American Frozen Food Institute and Food Industry Association, frozen food sales in the US increased by 21% in 2020. Thus, the rising consumption of convenience food is driving the demand for frozen potato products. Frozen potato satisfies this need of the consumers and is readily available in retail outlets or stores as well as various fast-food chains, hotels, and quick-service restaurants. The rise in the number of retail outlets, convenience stores, and supermarkets has increased the availability of ready-to-eat food, propelling the frozen potato industry to new heights. Fast-food franchises such as McDonald’s, Wendy’s, Johny Rocket, KFC, Burger King, and Hardy’s substantially impact the North America frozen potato market. Frozen potatoes give the same benefits and taste as fresh potatoes but have a longer shelf life, which is boosting the market growth. Furthermore, foods such as French fries and wedges are becoming increasingly popular, particularly among children and youth, which is catalyzing the growth of the frozen potato market.
On the contrary, increasing preference for fresh and natural products hampers the North America frozen potato market.
Based on product type, the North America frozen potato market is segmented into French fries, hash brown, shaped, mashed, battered/cooked, topped/stuffed, and others. The French fries segment held 72.5% share of North America frozen potato market in 2023, amassing US$ 17,207.07 million. It is projected to garner US$ 24,198.93 million by 2030 to expand at 5.0% CAGR during 2023–2030.
Based on end-user, the North America frozen potato market is divided into residential and commercial. The commercial segment held 78.4% share of North America frozen potato market in 2023, amassing US$ 18,617.92 million. It is projected to garner US$ 26,074.71 million by 2030 to expand at 4.9% CAGR during 2023–2030.
Based on country, the North America frozen potato market is segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 73.6% share of North America frozen potato market in 2023. It was assessed at US$ 17,468.74 million in 2023 and is likely to hit US$ 24,070.35 million by 2030 exhibiting a CAGR of 4.7% during 2023–2030.
Key players operating in the North America frozen potato market are Agristo NV, Aviko B.V., Bart’s Potato Company, Greenyard, Himalaya Food International Ltd, J.R. Simplot Company, Lamb Weston Holdings Inc, Mccain, and The Kraft Heinz Co, among others.
In 2021, Lamb Weston Holdings, Inc. upgraded its Idaho, The US fries plant with investment of $415 million.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America frozen potato market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America frozen potato market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Frozen Potato Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End-Users:
5. North America Frozen Potato Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Expansion of Quick Service Restaurants (QSRs)
5.1.2 Rising Demand for Convenience Food
5.2 Market Restraints
5.2.1 Increasing Preference for Fresh and Natural Products
5.3 Market Opportunities
5.3.1 Advancement in Cold Chain Infrastructure
5.3.2 Increasing Demand In Region
5.4 Future Trends
5.4.1 Use of Innovative Technologies
5.5 Impact of Drivers and Restraints:
6. Frozen Potato Market – North America Market Analysis
6.1 North America Frozen Potato Market Revenue (US$ Million), 2022 – 2030
6.2 North America Frozen Potato Market Forecast and Analysis
7. North America Frozen Potato Market Analysis – Product Type
7.1 French Fries
7.1.1 Overview
7.1.2 French Fries : North America Frozen Potato Market- Volume, Revenue, and Forecast to 2030 (KT) (US$ Million)
7.2 Hash Brown
7.2.1 Overview
7.2.2 Hash Brown : North America Frozen Potato Market- Volume, Revenue, and Forecast to 2030 (KT) (US$ Million)
7.3 Shaped
7.3.1 Overview
7.3.2 Shaped : North America Frozen Potato Market- Volume, Revenue, and Forecast to 2030 (KT) (US$ Million)
7.4 Mashed
7.4.1 Overview
7.4.2 Mashed : North America Frozen Potato Market- Volume, Revenue, and Forecast to 2030 (KT) (US$ Million)
7.5 Battered/Cooked
7.5.1 Overview
7.5.2 Battered/Cooked : North America Frozen Potato Market- Volume, Revenue, and Forecast to 2030 (KT) (US$ Million)
7.6 Topped/Stuffed
7.6.1 Overview
7.6.2 Topped/Stuffed : North America Frozen Potato Market- Volume, Revenue, and Forecast to 2030 (KT) (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others : North America Frozen Potato Market- Volume, Revenue, and Forecast to 2030 (KT) (US$ Million)
8. North America Frozen Potato Market Analysis – End-User
8.1 Residential
8.1.1 Overview
8.1.2 Residential : North America Frozen Potato Market- Volume, Revenue, and Forecast to 2030 (KT) (US$ Million)
8.2 Commercial
8.2.1 Overview
8.2.2 Commercial : North America Frozen Potato Market- Volume, Revenue, and Forecast to 2030 (KT) (US$ Million)
9. North America Frozen Potato Market – Countries Analysis
9.1 North America Frozen Potato Market Overview
9.1.1 North America Frozen Potato Market Revenue and Forecasts and Analysis – By Countries
9.1.1.1 North America Frozen Potato Market Breakdown by Country
9.1.1.2 US: North America Frozen Potato Market Volume and Forecasts to 2030 (KT)
9.1.1.3 US: North America Frozen Potato Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.3.1 US: North America Frozen Potato Market Breakdown by Product Type
9.1.1.3.2 US: North America Frozen Potato Market Breakdown by Product Type
9.1.1.3.3 US: North America Frozen Potato Market Breakdown by End-User
9.1.1.3.4 US: North America Frozen Potato Market Breakdown by End-User
9.1.1.4 Canada: North America Frozen Potato Market Volume and Forecasts to 2030 (KT)
9.1.1.5 Canada: North America Frozen Potato Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.5.1 Canada: North America Frozen Potato Market Breakdown by Product Type
9.1.1.5.2 Canada: North America Frozen Potato Market Breakdown by Product Type
9.1.1.5.3 Canada: North America Frozen Potato Market Breakdown by End-User
9.1.1.5.4 Canada: North America Frozen Potato Market Breakdown by End-User
9.1.1.6 Mexico: North America Frozen Potato Market Volume and Forecasts to 2030 (KT)
9.1.1.7 Mexico: North America Frozen Potato Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.7.1 Mexico: North America Frozen Potato Market Breakdown by Product Type
9.1.1.7.2 Mexico: North America Frozen Potato Market Breakdown by Product Type
9.1.1.7.3 Mexico: North America Frozen Potato Market Breakdown by End-User
9.1.1.7.4 Mexico: North America Frozen Potato Market Breakdown by End-User
10. North America Frozen Potato Market – Impact of COVID-19 Pandemic
10.1 Pre & Post Covid-19 Impact
11. Competitive Landscape
11.1 Heat Map Analysis By Key Players
11.2 Company Positioning & Concentration
12. North America Frozen Potato Market Industry Landscape
12.1 Overview
12.2 Merger and Acquisitions
12.3 Expansion
12.4 Product Launch
13. Company Profiles
13.1 Bart’s Potato Company
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Aviko B.V.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Agristo NV
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Lamb Weston Holdings Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Mccain
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Greenyard
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Himalaya Food International Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 J.R. Simplot Company
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 The Kraft Heinz Co
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
LIST OF TABLES
Table 1. North America Frozen Potato Market Segmentation
Table 2. North America Frozen Potato Market- Volume and Forecasts To 2030 (KT)
Table 3. North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Million)
Table 4. North America Frozen Potato Market- Volume and Forecasts To 2030 (KT) – Product Type
Table 5. North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 6. North America Frozen Potato Market- Volume and Forecasts To 2030 (KT) – End-User
Table 7. North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Million) – End-User
Table 8. US: North America Frozen Potato Market- Volume and Forecasts To 2030 (KT) – By Product Type
Table 9. US: North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 10. US: North America Frozen Potato Market- Volume and Forecasts To 2030 (KT) – By End-User
Table 11. US: North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Mn) – By End-User
Table 12. Canada: North America Frozen Potato Market- Volume and Forecasts To 2030 (KT) – By Product Type
Table 13. Canada: North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 14. Canada: North America Frozen Potato Market- Volume and Forecasts To 2030 (KT) – By End-User
Table 15. Canada: North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Mn) – By End-User
Table 16. Mexico: North America Frozen Potato Market- Volume and Forecasts To 2030 (KT) – By Product Type
Table 17. Mexico: North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 18. Mexico: North America Frozen Potato Market- Volume and Forecasts To 2030 (KT) – By End-User
Table 19. Mexico: North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Mn) – By End-User
Table 20. Company Positioning & Concentration
LIST OF FIGURES
Figure 1. North America Frozen Potato Market Segmentation, By Countries
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: North America Frozen Potato Market
Figure 4. North America Frozen Potato Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. North America Frozen Potato Market Revenue (US$ Million), 2022 – 2030
Figure 7. North America Frozen Potato Market Share (%) – Product Type, 2022 and 2030
Figure 8. French Fries : North America Frozen Potato Market- Revenue and Forecasts To 2030 (KT)
Figure 9. French Fries : North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Hash Brown : North America Frozen Potato Market- Revenue and Forecasts To 2030 (KT)
Figure 11. Hash Brown : North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Shaped : North America Frozen Potato Market- Revenue and Forecasts To 2030 (KT)
Figure 13. Shaped : North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Mashed : North America Frozen Potato Market- Revenue and Forecasts To 2030 (KT)
Figure 15. Mashed : North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Battered/Cooked : North America Frozen Potato Market- Revenue and Forecasts To 2030 (KT)
Figure 17. Battered/Cooked : North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Topped/Stuffed : North America Frozen Potato Market- Revenue and Forecasts To 2030 (KT)
Figure 19. Topped/Stuffed : North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Others : North America Frozen Potato Market- Revenue and Forecasts To 2030 (KT)
Figure 21. Others : North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Million)
Figure 22. North America Frozen Potato Market Share (%) – End-User, 2022 and 2030
Figure 23. Residential : North America Frozen Potato Market- Volume and Forecasts To 2030 (KT)
Figure 24. Residential : North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Million)
Figure 25. Commercial : North America Frozen Potato Market- Volume and Forecasts To 2030 (KT)
Figure 26. Commercial : North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Million)
Figure 27. North America Frozen Potato Market, by Key Country- Revenue (2022) (US$ Mn)
Figure 28. North America Frozen Potato Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 29. US: North America Frozen Potato Market- Volume and Forecasts To 2030 (KT)
Figure 30. US: North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Mn)
Figure 31. Canada: North America Frozen Potato Market- Volume and Forecasts To 2030 (KT)
Figure 32. Canada: North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Mn)
Figure 33. Mexico: North America Frozen Potato Market- Revenue and Forecasts To 2030 (KT)
Figure 34. Mexico: North America Frozen Potato Market- Revenue and Forecasts To 2030 (US$ Mn)
Figure 35. Heat Map Analysis By Key Players
The List of Companies – North America Frozen Potato Market
o Agristo NV
o Aviko B.V.
o Bart’s Potato Company
o Greenyard
o Himalaya Food International Ltd
o J.R. Simplot Company
o Lamb Weston Holdings Inc
o Mccain
o The Kraft Heinz Co
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