India Frozen Finger Chips Market to be Driven by the Increasing Demand for Cost-Effective and Convenient Snacks in the Forecast Period of 2021-2026

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India Frozen Finger Chips Market to be Driven by the Increasing Demand for Cost-Effective and Convenient Snacks in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘India Frozen Finger Chips Market Price, Trends, Growth, Analysis, Report and Forecast 2021-2026’, gives an in-depth analysis of the India frozen finger chips market, assessing the market based on its segments like types, distribution channels, applications, and end uses. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/india-frozen-finger-chips-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

• Historical Market Size (2020): USD 121 million
• Forecast CAGR (2021-2026): 20%
• Forecast Market Size (2026): USD 376 million

The frozen finger chips market in India is being driven by the growing fast-food chains and quick-service restaurants in India. The industry growth is likely to be further augmented by the rising disposable incomes, growing populations and the craze for fast-food among youth. Frozen finger chips are cost-effective and is one of the most popular items in India’s quick service restaurant segment. Therefore, the product has witnessed significant growth in India. Over the forecast period, the growing competition among the outlets, coupled with the penetration of American fast-food company Wendy in India, will further bolster the popularity of frozen finger chips. The product is hygienic, kept in low temperatures, and comes in air tight bags. Hence, the growing demand for clean labeled products in India will further propel the market growth.

Industry Definition and Major Segments

Frozen finger chips, variously known as French fries, are thin strips of pre-cut potatoes that are stored in extremely low temperatures. They are either soft or crispy, and are usually cooked in less oil. Frozen finger chips were first introduced in Western Europe and have gained significant popularity all over the world.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/india-frozen-finger-chips-market

The major types in the industry are:

• Plain
• Masala/Seasoned

The distribution channels in the industry can be segmented as follows:

• Distributors
• Direct Purchase
• Hypermarket and Supermarket
• Convenience Store
Online
• Others

On the basis of applications, the market is segmented into:

• Institutional
Retail

Based on the end uses, the market can be divided into

• Quick Service Restaurants (QSR)
• Households
• Pub, Bar, Cub, and Lounge
• Restaurants
• Others

Market Trends

The frozen finger chips market in India is expected to be driven by the increasing innovation and efforts made by the key market players towards increasing size, enhancing taste, and improving the quality of frozen finger chips. Frozen finger chips can be easily prepared at homes through frying in low quantities of oil. Therefore, the rising demand for the product from the household segment is anticipated to be the key trend in the market over the forecast period. Further, the innovative marketing strategies adopted by the key players are expected to boost the market over the forecast period.

Key Market Players

The major players in the market are McCain Foods Limited, Iscon Balaji Foods Private Limited, ITC Limited, Gujarat Cooperative Milk Marketing Federation (Amul), Godrej Agrovet Limited, and HyFun Foods, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com/), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research
Contact Person: Mathew Williams, Business Consultant
Email: sales@expertmarketresearch.com
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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