GCC Frozen Finger Chips Market

GCC Frozen Finger Chips Market Overview:

The GCC frozen finger chips market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2027. Frozen fingers are finger-length thin strips of potatoes cut in different sizes that are either fried or baked. Their preparation includes various procedures, such as cleaning, peeling, blanching, dewatering, par frying, freezing, and packaging. They contain vitamin B6, which assists in the healthy functioning of the brain and liver detoxification. They are also fortified with other essential nutrients, protein, fat, and sugar that supports the health immunity. Besides this, frozen finger chips are convenient to use and require less labor, preparation cost, processing time and equipment, and storage space. In addition to this, they have a longer shelf-life than freshly prepared finger chips. At present, they are widely consumed as snacks, side dishes, and an accompaniment to meals in the GCC region.

At present, the increasing working population and the shifting consumer preference toward western cuisine represent some of the key factors positively influencing the market growth. In addition to this, inflating income levels of individuals, the escalating demand for convenience foods and ready-to-eat (RTE) snacks, and the expansion of fast-food restaurant chains in the GCC region are creating a positive market outlook. Moreover, the easy availability of frozen finger chips across online and offline distribution channels that offer the facility of doorstep delivery and secured online payment gateways is bolstering the market growth. In line with this, online food ordering platforms also offer easy and fast delivery and lucrative discount offers and schemes, which, in turn, is strengthening the market growth. Besides this, the introduction of several natural and plant-based ingredients is attracting a wider consumer base and encouraging key market players to introduce more product variants. In addition, manufacturers are focusing on various marketing strategies, such as banner advertising, social media promotions, and celebrity endorsements to expand their market reach and increase the sales of frozen finger chips in the GCC region. They are also focusing on improving packaging solutions, which is expected to drive the market toward growth further.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC frozen finger chips market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC frozen finger chips market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC frozen finger chips market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC frozen finger chips market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC frozen finger chips market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC frozen finger chips market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC frozen finger chips market industry. Furthermore, the value chain analysis of the GCC frozen finger chips market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Frozen Finger Chips Market Segment Insights:

The GCC frozen finger chips market has been analysed as followed:

By End Use:

• Food Service
• Retail

By Country:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Oman
• Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Frozen Finger Chips Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customisation:

The GCC frozen finger chips market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs