The global potato chips market is expected to grow from USD 26,781.57 million 2017 to USD 33,456.74 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 3.23%.
"Most convenient and filler foodis one of the factors largely attributing to the growth of potato chips market globally"
The factors attributing to the growth of the market are most convenient and filler food, increasing middle class population, incomes, urbanization, and changing lifestyles, emerging trend of westernization of food consumption patterns, and increase in the number of organised retail stores. However, some factors such as and shift towards wholegrain crackers may hinder the market growth. The global potato chips market is expected to showcase the opportunities such as introduction of healthier versions of potato chips, and various healthier flavors. In the near future, the market may face the possible challenges in the growth due to fluctuation in price of raw materials, and intense competition from regional players both in terms of pricing and preference. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global potato chips market market.
On the basis of taste, the global potato chips market is studied across Chili, Flavored, Plain, and Salted.
On the basis of type, the global potato chips market is studied across Baked, Compound, Dehydrated, and Sliced.
On the basis of distribution channel, the global potato chips market is studied across Convenience Stores, Hypermarkets, Online Stores, and Supermarkets.
On the basis of geography, the global potato chips market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
"Burts Potato Chips Ltd: The potential growing player for the global potato chips market"
The key players profiled in the global potato chips market are Burts Potato Chips Ltd, Calbee, Inc., Golden Flake Snack Foods Inc, Great Lakes Potato Chips, Herr Foods Inc., Intersnack Group GmbH & Co. KG, KOIKE-YA Inc., Kettle Foods, Inc., Lorenz Bahlsen Snack-World Gmbh & Co KG, Notions Group, Old Dutch Foods, Ltd., PepsiCo, Inc., Popchips Inc, and Xiamen Panpan Foods Investment Co., Ltd..
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global potato chips market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global potato chips market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global potato chips market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global potato chips market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global potato chips market.