
Potato Chips Market Size, Share, Trends and Forecast to 2027
According to IMARC Group’s latest report, titled “Potato Chips Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, offers a comprehensive analysis of the industry, which comprises insights on the potato chips market growth.
The global potato chips market size reached US$ 32.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 39 Billion by 2027, exhibiting a growth rate (CAGR) of 3.1% during 2022-2027. Potato chips are long, very thin slices of potato that are fried in oil or fat until they are dry, crisp, and hard. The crispy texture of the chips is derived from the temperature of the oil, frying time, moisture contained in the chips, and the quality of the oil and potato. They are sold in air-tight containers and packets with added preservatives to increase the shelf-life, retain the texture and taste, and prevent inert microbiological spoilage and chemical and enzymatic activities. Currently, potato chips are available in pepper and vinegar, salted, barbeque, spicy, cheese, and sour cream variants.
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Potato Chips Market Trends:
Rapid westernization of food consumption patterns and easy product availability through offline and online organized channels are primarily bolstering the market growth. The surging working populace and hectic lifestyles have prompted a gradual shift toward consuming convenient snack foods, such as potato chips, which is creating a positive outlook for the market. Additionally, key market manufacturers are introducing gluten- and GMO-free products that are made with healthier ingredients, natural flavorings, and colors and reduced calorie and fat content to increase their consumer base, which is positively contributing to the market growth. Other factors, such as the rising consumption of potato chips as a side dish and appetizer and significant expansion in the food and beverage (F&B) industry, are accelerating the market growth.
Potato Chips Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the potato chips market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Pepsico
Kraft Foods
Kellogs
Diamond
General Mills
Nestle
Key Market Segmentation:
The report has segmented the global potato chips market on the basis of product type, distribution channel and region.
Breakup by Product Type:
Plain
Flavoured
Breakup by Distribution Channel:
Supermarkets/Hypermarkets
Convenience Stores
Specialty Food Stores
Online Stores
Others
Breakup by Region:
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)
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Key Highlights of the Report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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