North America Frozen Potato Market Forecast to 2031
North America Frozen Potato Market Forecast to 2031 – Regional Analysis – by Product Type (French Fries, Hash Brown, Shaped, Mashed, Battered/Cooked, Topped/Stuffed, and Others) and End User (Residential and Commercial)
$2,760 – $4,360
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Description
Expansion of Quick Service Restaurants (QSRs) Fuels 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 needs 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 US is the prominent market for frozen potatoes due to the rising consumption of convenience food products and surging demand from the working population due to busy lifestyles. Moreover, increasing demand for frozen potatoes from the young age population due to the rising trend of snacking is propelling the market growth in the US.
The evolving taste of consumers and impulsive purchases are projected to propel the demand for frozen potatoes over the forecast period. Frozen potatoes, such as French fries, are highly popular among the young population in the US, and this trend offers new opportunities for market growth in the country. Advancements in food processing and supply chain management have helped in the procurement of frozen potatoes across food units. With the surging demand for frozen potatoes, many manufacturers in the food and beverage industry are incorporating frozen potatoes into their food products. This is expected to bolster the growth of the frozen potato market in the US.
North America Frozen Potato Market Revenue and Forecast to 2031 (US$ Million)
North America Frozen Potato Market Segmentation
The North America frozen potato market is categorized into product type, end user, and country.
By 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 the largest share of the North America frozen potato market share in 2023.
In terms of end user, the North America frozen potato market is bifurcated 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 segment held the largest share of North America frozen potato market in 2023.
Aviko BV; Bart’s Potato Co; Farm Frites International BV; Greenyard NV; Himalaya Food International Ltd; JR Simplot Co; Kraft Heinz Co; Lamb Weston Holdings Inc; and McCain Foods Ltd 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’ research, the North America frozen potato market was valued at US$ 23,733.53 million in 2023 and is expected to reach US$ 35,024.70 million by 2031, registering a CAGR of 5.0% from 2023 to 2031. Use of innovative technologies and rising demand for convenience food are among the critical factors attributed to drive the North America frozen potato market growth.
The frozen potato industry has started to use innovative and advanced technologies to provide better quality to consumers. Manufacturers are increasingly using advanced refrigeration techniques in the frozen potato industry. Many of these innovative technologies are in the development stage and require high capital. Some of these technologies provide energy saving, while some provide high-quality advantages. For instance, according to research conducted by the scientists at the US Department of Agriculture’s Agricultural Research Service (ARS) and the University of California-Berkeley scientists, the use of isochoric freezing technology instead of isobaric technology can keep the food fresh without forming ice crystals and help achieve energy saving and low carbon emissions. Thus, the use of these technologies will help the manufacturers as well as the consumers and can be a win-win situation for both. Other innovative freezing technologies such as hydro-fluidization and impingement are also emerging at a rapid pace in the market. The manufacturers believe that fast freezing without the formation of small ice crystals offer quality advantages to frozen potato products. Thus, this is becoming a driving trend in the North America frozen potato market.
On the contrary, increasing preference for fresh and natural products hampers the growth of North America frozen potato market.
By 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 share in 2023, amassing US$ 17,207.07 million. It is projected to garner US$ 25,695.01 million by 2031 to register 5.1% CAGR during 2023–2031.
In terms of end user, the North America frozen potato market is bifurcated 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 anticipated to garner US$ 27,672.22 million by 2031 to expand at 5.1% CAGR during 2023–2031.
Based on country, the North America frozen potato market is categorized 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$ 25,486.01 million by 2031, registering a CAGR of 4.8% during 2023–2031.
Key players operating in the North America frozen potato market are Aviko BV; Bart’s Potato Co; Farm Frites International BV; Greenyard NV; Himalaya Food International Ltd; JR Simplot Co; Kraft Heinz Co; Lamb Weston Holdings Inc; and McCain Foods Ltd., among others.
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.
1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. North America Frozen Potato Market Landscape
4.1 Market 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
5.4 Future Trends
5.4.1 Use of Innovative Technologies
5.5 Impact of Drivers and Restraints:
6. Frozen Potato Market –North America Analysis
6.1 Overview
6.2 North America Frozen Potato Market Volume (Kilo Tons), 2017–2031
6.3 North America Frozen Potato Market Volume Forecast and Analysis (Kilo Tons)
6.4 North America Frozen Potato Market Revenue (US$ Million), 2023–2031
6.5 North America Frozen Potato Market Revenue Forecast and Analysis
7. North America Frozen Potato Market Volume and Revenue Analysis – by Product Type
7.1 French Fries
7.1.1 Overview
7.1.2 French Fries: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Hash Brown
7.2.1 Overview
7.2.2 Hash Brown: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Shaped
7.3.1 Overview
7.3.2 Shaped: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Mashed
7.4.1 Overview
7.4.2 Mashed: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
7.5 Battered/Cooked
7.5.1 Overview
7.5.2 Battered/Cooked: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
7.6 Topped/Stuffed
7.6.1 Overview
7.6.2 Topped/Stuffed: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
8. North America Frozen Potato Market Volume and Revenue Analysis – by End User
8.1 Residential
8.1.1 Overview
8.1.2 Residential: North America Frozen Potato Market – Volume and Forecast to 2031 (Kilo Tons)
8.1.3 Residential: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Commercial
8.2.1 Overview
8.2.2 Commercial: North America Frozen Potato Market – Volume and Forecast to 2031 (Kilo Tons)
8.2.3 Commercial: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
9. North America Frozen Potato Market –Country Analysis
9.1 North America Frozen Potato Market, by Key Countries- Revenue (2023) US$ Million
9.1.1 North America Frozen Potato Market Revenue and Forecast and Analysis – by Country
9.1.1.1 North America Frozen Potato Market Volume and Forecast and Analysis – by Country
9.1.1.2 North America Frozen Potato Market Revenue and Forecast and Analysis – by Country
9.1.1.3 United States Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.3.1 United States Frozen Potato Market Breakdown by Product Type
9.1.1.3.2 United States Frozen Potato Market Breakdown by End user
9.1.1.4 Canada Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.4.1 Canada Frozen Potato Market Breakdown by Product Type
9.1.1.4.2 Canada Frozen Potato Market Breakdown by End user
9.1.1.5 Mexico Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.5.1 Mexico Frozen Potato Market Breakdown by Product Type
9.1.1.5.2 Mexico Frozen Potato Market Breakdown by End user
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
11. Frozen Potato Market Industry Landscape
11.1 Overview
11.2 Merger and Acquisitions
11.3 Expansion
11.4 Product Launch
12. Company Profiles
12.1 Bart’s Potato Co
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Aviko BV
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Lamb Weston Holdings Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 McCain Foods Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Farm Frites International BV
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Greenyard NV
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Himalaya Food International Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 JR Simplot Co
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Kraft Heinz Co
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Research Team
Table 1. North America Frozen Potato Market Segmentation
Table 2. North America Frozen Potato Market – Volume and Forecast to 2031 (Kilo Tons)
Table 3. North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
Table 4. North America Frozen Potato Market – Volume and Forecast to 2031 (Kilo Tons) – by Product Type
Table 5. North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 6. North America Frozen Potato Market – Volume and Forecast to 2031 (Kilo Tons) – by End user
Table 7. North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million) – by End user
Table 8. North America Frozen Potato Market – Volume and Forecast to 2031 (Kilo Tons) – by Country
Table 9. North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million) – by Country
Table 10. United States Frozen Potato Market – Volume and Forecast to 2031 (Kilo Tons) – by Product Type
Table 11. United States Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 12. United States Frozen Potato Market – Volume and Forecast to 2031 (Kilo Tons) – by End user
Table 13. United States Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million) – by End user
Table 14. Canada Frozen Potato Market – Volume and Forecast to 2031 (Kilo Tons) – by Product Type
Table 15. Canada Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 16. Canada Frozen Potato Market – Volume and Forecast to 2031 (Kilo Tons) – by End user
Table 17. Canada Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million) – by End user
Table 18. Mexico Frozen Potato Market – Volume and Forecast to 2031 (Kilo Tons) – by Product Type
Table 19. Mexico Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 20. Mexico Frozen Potato Market – Volume and Forecast to 2031 (Kilo Tons) – by End user
Table 21. Mexico Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million) – by End user
Table 22. Heat Map Analysis by Key Players
Figure 1. North America Frozen Potato Market Segmentation, by Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: 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 Volume (Kilo Tons), 2017–2031
Figure 7. North America Frozen Potato Market Revenue (US$ Million), 2023–2031
Figure 8. North America Frozen Potato Market Share (%) – Product Type, 2023 and 2031
Figure 9. French Fries: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Hash Brown: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Shaped: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Mashed: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Battered/Cooked: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Topped/Stuffed: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Others: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. North America Frozen Potato Market Share (%) – End user, 2023 and 2031
Figure 17. Residential: North America Frozen Potato Market – Volume and Forecast to 2031 (Kilo Tons)
Figure 18. Residential: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. Commercial: North America Frozen Potato Market – Volume and Forecast to 2031 (Kilo Tons)
Figure 20. Commercial: North America Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. North America Frozen Potato Market, by Key Countries – Revenue,(2023) US$ Million
Figure 22. North America Frozen Potato Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 23. United States Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. Canada Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
Figure 25. Mexico Frozen Potato Market – Revenue and Forecast to 2031 (US$ Million)
Figure 26. Company Positioning & Concentration
The List of Companies – North America Frozen Potato Market
o Aviko BV
o Bart’s Potato Co
o Farm Frites International BV
o Greenyard NV
o Himalaya Food International Ltd
o JR Simplot Co
o Kraft Heinz Co
o Lamb Weston Holdings Inc
o McCain Foods Ltd
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