The India Frozen Finger Chips market reached a value of about USD 145.20 million in 2021. The industry is projected to grow at a CAGR of around 20.0% in the forecast period of 2022-2027 to reach a value of about USD 433.56 million by 2027.
The India Frozen Finger Chips industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The growing preference for convenient ready-to-eat foods is driving the market demand. Gujarat is the highest category spender by region that is driving the need for the Frozen Finger Chips industry.
French fries often referred to as frozen finger chips, are thin potato strips that have already been pre-cut and kept at shallow temperatures. They are thin potato strips that have been refrigerated before being deep-fried. They are often prepared with minimal oil, soft or crispy, and are among the most widely consumed food. The Frozen Finger Chips industry report comprises segments by Sector (Organised (Casual Dining, Pub. Bar Club and Lounge (PBCL), Quick Service Restaurants (QSR), Fine Dining Restaurants, and others), and Unorganised), Type (Plain, and Masala or Seasoned), Distribution Channel (Distributors, Direct Purchase, Hypermarket and Supermarket, Convenience Store, Online, Others), Application (Institutional and Retail), End-Use (Quick Service Restaurants (QSR), Household, Pub, Bar, Club, and Lounge (PBCL), Restaurants, Others) and Region (Gujarat is the country's largest exporter of French fries followed by Uttar Pradesh, Punjab, and Maharashtra).
Gujarat is the country's largest exporter of French fries, followed by Uttar Pradesh, Punjab, and Maharashtra.
The industry is being propelled by the easy availability of the product in supermarkets and hypermarkets and the internationalisation of culinary trends. Frozen items provide several other benefits like longer shelf life, simple preparation, and various flavours, shapes, and sizes. Because of this factor, the market is precipitously growing. In addition, the arrival and subsequent great success of American fast-food restaurants like KFC, McDonald's, and Burger King, among others in the region, are furthering the industry's growth. The growing shift in consumption patterns and the popularity of American culture and cuisine, which has increased demand in India for items like American pizza, pancakes, burgers, and finger chips, are further boosting the market demand.
However, the adverse health effects associated with the product are likely to act as market restraints.
The India Frozen Finger Chips industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major India Frozen Finger Chips regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
When the potatoes are ready for use, they are flumed in a water-rock remover to remove any stones that may have become mixed in during harvest if each batch doesn't fulfil strict quality criteria. All bruising, black patches, and unpeeled areas have been removed. The potatoes are then transferred into enormous water-filled storage tanks before being sent to the strip cutter. After the potatoes are separated into strips, the fries are sent to a machine to detect and remove additional flaws before being blanched. The fries are blanched for several minutes, inhibiting enzyme activity and eliminating extra sugars. The fries are placed in the fryer, which has a temperature of 200°C, after blanching and drying. The surplus cooking oil is then removed from the strips by shaking them on a vibrating belt. After that, they are placed in the freezer, which is held at a temperature of -39°C for 20 minutes. The fries are then finally prepared for packing.
The industry is being aided by frozen finger chips being healthier than double deep-fried finger chips sold in fast-food restaurants. It is more nutritious than other snacks, so the sales in the sector are bolstering. Furthermore, they are among the most well-liked convenience foods and are simple to make and eat, resulting in increased demand. The increased availability of frozen finger chips due to the growth of online shopping and different e-commerce platforms bolstered market growth. Other crucial factors such as the desire for tastier and ready-to-eat meals due to rapid urbanisation, rising consumer spending power, and the hectic lives of working people are augmenting the industry's expansion.
The regional markets for the industry can be divided into Gujarat, Uttar Pradesh, Punjab, and Maharashtra.
The market players focus on market shares, capacities, plant turnarounds, expansions, investments, mergers, and acquisitions, among other activities.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 India
7 Industry Opportunities and Challenges
8 India Food Service Market Overview
8.1 Key Industry Highlights
8.2 India Food Service Historical Market (2017-2021)
8.3 India Food Service Market Forecast (2022-2027)
8.4 India Food Service Market by Sector
8.4.1 Organised
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.1.4 Breakup by Type
8.4.1.4.1 Casual Dinning
8.4.1.4.2 Pub. Bar Club and Lounge (PBCL)
8.4.1.4.3 Quick Service Restaurants (QSR)
8.4.1.4.4 Fine Dining Restaurants
8.4.1.4.5 Others
8.4.2 Unorganised
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 India Frozen Snacks Market by Type
8.5.1 Market Share
8.5.1.1 Potato Based
8.5.1.2 Cheese Based
8.5.1.3 Others
9 India Frozen Finger Chips Market Analysis
9.1 Key Industry Highlights
9.2 India Frozen Finger Chips Historical Market (2017-2021)
9.3 India Frozen Finger Chips Market Forecast (2022-2027)
9.4 India Frozen Finger Chips Market by Type
9.4.1 Plain
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2017-2021)
9.4.1.3 Forecast Trend (2022-2027)
9.4.2 Masala/Seasoned
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2017-2021)
9.4.2.3 Forecast Trend (2022-2027)
9.5 India Frozen Finger Chips Market by Distribution Channel
9.5.1 Distributors
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2017-2021)
9.5.1.3 Forecast Trend (2022-2027)
9.5.2 Direct Purchase
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2017-2021)
9.5.2.3 Forecast Trend (2022-2027)
9.5.3 Hypermarket and Supermarket
9.5.3.1 Market Share
9.5.3.2 Historical Trend (2017-2021)
9.5.3.3 Forecast Trend (2022-2027)
9.5.4 Convenience Store
9.5.4.1 Market Share
9.5.4.2 Historical Trend (2017-2021)
9.5.4.3 Forecast Trend (2022-2027)
9.5.5 Online
9.5.5.1 Market Share
9.5.5.2 Historical Trend (2017-2021)
9.5.5.3 Forecast Trend (2022-2027)
9.5.6 Others
9.6 India Frozen Finger Chips Market by Application
9.6.1 Institutional
9.6.1.1 Market Share
9.6.1.2 Historical Trend (2017-2021)
9.6.1.3 Forecast Trend (2022-2027)
9.6.2 Retail
9.6.2.1 Market Share
9.6.2.2 Historical Trend (2017-2021)
9.6.2.3 Forecast Trend (2022-2027)
9.7 India Frozen Finger Chips Market by End Use
9.7.1 Quick Service Restaurants (QSR)
9.7.1.1 Market Share
9.7.1.2 Historical Trend (2017-2021)
9.7.1.3 Forecast Trend (2022-2027)
9.7.2 Household
9.7.2.1 Market Share
9.7.2.2 Historical Trend (2017-2021)
9.7.2.3 Forecast Trend (2022-2027)
9.7.3 Pub, Bar, Club, and Lounge (PBCL)
9.7.3.1 Market Share
9.7.3.2 Historical Trend (2017-2021)
9.7.3.3 Forecast Trend (2022-2027)
9.7.4 Restaurants
9.7.4.1 Market Share
9.7.4.2 Historical Trend (2017-2021)
9.7.4.3 Forecast Trend (2022-2027)
9.7.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Manufacturing Process
12.1 Overview
12.2 Detailed Process Flow
12.3 Operation Involved
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players’ Market Share
13.3 Company Profiles
13.3.1 McCain Foods Limited
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Demographic Reach and Achievements
13.3.1.4 Certifications
13.3.2 Iscon Balaji Foods Private Limited
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Demographic Reach and Achievements
13.3.2.4 Certifications
13.3.3 ITC Limited
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Demographic Reach and Achievements
13.3.3.4 Certifications
13.3.4 Gujarat Cooperative Milk Marketing Federation (Amul)
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Demographic Reach and Achievements
13.3.4.4 Certifications
13.3.5 Godrej Agrovet Limited
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Demographic Reach and Achievements
13.3.5.4 Certifications
13.3.6 HyFun Foods
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Demographic Reach and Achievements
13.3.6.4 Certifications
13.3.7 Others
14 Industry Events and Developments
The India Frozen Finger Chips market size was valued at USD 145.20 million in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 20.0%.
The significant demand for ready-to-eat food items is one of the essential drivers of the Frozen Finger Chips market growth.
McCain Foods Limited, Iscon Balaji Foods Private Limited, ITC Limited, Gujarat Cooperative Milk Marketing Federation (Amul), Godrej Agrovet Limited, HyFun Foods, and others are some of the major companies in the market.
The Gujarat region of the Frozen Finger Chips industry holds a significant share in the market.
The India Frozen Finger Chips market attained a value of USD 145.20 million in 2021, driven by the easy availability of the product in supermarkets and hypermarkets and the internationalisation of culinary trends. Aided by the fact that frozen finger chips are healthier than other snacks, the sales in the sector are bolstering. Owing to other crucial factors such as the desire for tastier and ready-to-eat meals due to rapid urbanisation, rising consumer spending power, and the hectic lives of working people, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 20.0%. The market is projected to reach USD 433.56 million by 2027. Some of the leading players in the industry are McCain Foods Limited, Iscon Balaji Foods Private Limited, ITC Limited, Gujarat Cooperative Milk Marketing Federation (Amul), Godrej Agrovet Limited, HyFun Foods, and Others.
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