According to IMARC Group’s latest report entitled: “Latin American Frozen Finger Chips Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, Provides a comprehensive analysis of the industry, with insights on the Size of the frozen finger chips market in Latin America. Experts predict that the Frozen Finger Chips market in Latin America is expected to grow at CAGR of 4.46% during the period 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and anyone planning to enter the market in any form.
Thin, fried or baked potato strips called “frozen finger chips” can help boost the immune system and reduce oxidative stress. They are made with potatoes that are cleaned, peeled, sliced, blanched, drained, pre-fried and frozen. They also include dextrose, sodium acid pyrophosphate, hydrogenated soybean oil, dimethyl polysiloxane and citric acid. They are rich in protein, carbohydrates, potassium, fiber, sodium, vitamins B6, C and K and other essential nutrients. Frozen finger chips contain antioxidants and require less oil for preparation compared to their fresh counterparts. They are convenient, ready to eat, served hot and can be consumed along with fast food or home cooked meals. Currently, they are widely available in different sizes, shapes and flavors such as chili garlic, barbecue, peri peri and cheese and herbs in the Latin America region.
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Latin America Frozen Finger Chips Market Trends and Drivers:
Currently, one of the major factors positively affecting the demand for frozen finger chips in Latin America is the increased consumption of fast food and fast food products due to rapid urbanization, rising labor force, hectic lifestyles and increasing purchasing power of individuals. It can also be attributed to the growing acceptance of Western food culture. In addition, the increasing number of commercial spaces such as cafes, restaurants, quick-service restaurants (QSRs) and other fast food outlets serving as a snack or side dish are contributing to the market growth in the region. In addition, the growing use of frozen finger chips in the food service industry is driving the market. In addition, product manufacturers operating in Latin America are introducing frozen finger chips with a high protein content and without additives, preservatives and gluten to increase their overall sales, expand their existing market share and meet the nutritional needs of individuals. The rising sales of frozen finger chips in the region can also be attributed to increasing health awareness among the masses and a rapid shift in consumer preference towards snack options that are easy to prepare due to the growing prevalence of various medical diseases. Apart from this, the expansion of organized distribution channels such as hypermarkets, supermarkets, convenience stores and supermarkets ensures ready availability of products and provides lucrative growth opportunities for manufacturers in the region. In addition, a significant reliance on online shopping channels, which offer a wide range of products with home delivery and secure payment methods, is expected to create a positive outlook for the market.
Remark: We regularly monitor the direct effect of COVID-19 on the market, along with the indirect influence of related industries. These observations will be incorporated into the report.
Latin America Frozen Finger Chips Market 2022-2027 Competitive Analysis and Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Latin American frozen finger chips market along with country and regional level forecasts for 2022-2027. Our report has categorized the market based on end use.
- The competitive landscape of the industry has also been examined along with the profiles of the key players.
Disintegration by end use:
Breakdown by country:
Key highlights of the report:
- Market performance (2016-2021)
- Market Outlook (2022-2027)
- Market trends
- Market drivers and success factors
- Consequences of COVID-19
- Value chain analysis
- Extensive mapping of the competitive landscape
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously monitoring the changes in the markets, as well as the industry behavior of consumers worldwide, and our estimates on the latest market trends and forecasts are made after considering the impact of this pandemic.
If you want the latest primary and secondary data (2022-2027) with cost module, business strategy, distribution channel, etc. Click on request a free sample report, the published report will be delivered to you by email in PDF format within 24 to 48 hours after receiving the full payment.
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