Potato Chips Market Size 2022: Industry Analysis, Share, Growth, Price Trends, Opportunities and Forecast till 2027 | Syndicated Analytics
“Potato Chips Market Report: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global potato chips market based on its segments including type, end use and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Report Metrics
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
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Potato chips represent the thin slices of potatoes which are seasoned with salt along with spices after being fried until crisp. They are stored carefully so as to avoid any chemical or enzymatic activities, moisture or vapor migration, microbiological spoilage, etc. Potato chips are processed and sold in air-tight packets with various added preservatives in order to retain the taste and texture of the products. As such, they are easily available through online and offline organized retail channels across the globe.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
Global Potato Chips Industry Trends and Drivers:
The inflating consumer inclination towards instant, ready-to-eat (RTE), and convenient food items, owing to the expanding working population with their hectic schedules and busy lifestyles, is among the key factors driving the potato chips market. In addition to this, various leading manufacturers are offering several value-added products prepared from non-genetically modified organism (non-GMO) or gluten-free ingredients, on account of the rising prevalence of obesity, diabetes, and gluten allergies, which is further catalyzing the market growth. Apart from this, the extensive adoption of pulsed electric field (PEF) technology to minimize solids in the form of amino acids and soften the cell walls of the potato, thereby making it easier to cut and reducing the quantity of hot water blanching required in chip production, is acting as another significant growth-inducing factor. Furthermore, the introduction of potato chips in various shapes, sizes, flavors, etc., is also positively influencing the global market. Moreover, the growing investments in R&D activities aimed at developing attractive packaging solutions are expected to fuel the potato chips market over the forecasted period.
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Global Potato Chips Market Segmentation:
The market is segmented in on the basis of type, end use and region.
Type
End use
RegionNorth America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape:
The report also provides insights on the competitive landscape of the global potato chips industry with the leading players profiled in the report.
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