Regional analysis of French fries processing machine market
On the basis of the region, french fries processing machine market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Among regions, North America is expected to account for the largest market share over the forecast period, owing to growing trend of consumption of fast food. For instance, according to the American Customer Satisfaction Index (ACSI), in 2017, McDonald Corporation generated a total revenue of US$ 21.03 billion and total value of the assets accounted for around US$ 32.81 billion.
Apart from North America, Asia Pacific region is expected to be second largest market in the french fries processing machine market, owing to the expansion of (Quick Service Restaurant) QSR in the region. For instance, according to Coherent Market Insights, India’s fast food sector is growing significantly at 34.3% annually due to rapid growth in the fast food chain. Moreover, popular food chains also introduced automation to improve their operational efficiency. Thus, in turn, boost the demand for french fries processing machine market during the forecast period.
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