New study: Global Potato Chips market forecast 2023

MarketResearchFuture.com add new report of “Global Potato Chips Market Research Report- Forecast to 2023” it contains Company information, geographical data and Market Analysis

Pune, India, 2017-Jun-26 — /EPR Network/ — Consumers are demanding varieties in snacks, which is encouraging companies to launch new products with new flavor and packaging. Several companies have been announcing the launch of products with new tastes, flavors, and shapes to maintain their competitiveness in the market. Moreover, customers’ increasing inclination towards organic foods is compelling the potato chips companies to innovate their products for customer retention. Availability of resources and large consumer base is creating huge opportunity for key players to expand their business in Asia Pacific region especially in the developing countries like China and India. Innovation in flavor and packaging form major players is attracting the consumers to buy potato chips compare to other snacks which is influencing the market growth in North America and Europe

Get a sample report at https://www.marketresearchfuture.com/sample_request/2991 .

The Global Potato Chips Market is mainly driven by increasing consumption of savory snacks specially potato chips in Asia Pacific and North America region from last few years. Change in lifestyle and increase in disposable income has boosted the sales of potato chips in developing countries. Rising consumer awareness about health has influenced the key players to introduce new products which are healthier than usual potato chips which is influencing the growth of the market.

These factors will play a key role in the growth of Potato Chips market at the CAGR of 6.3% during 2017-2023.

Globallypotato chips is the highly consumed savory snack item among all age groups. Busy lifestyle and changing food habits has boosted the sales of potato chips across the globe. Innovation in flavor and packaging is playing the key role in the increasing demand of potato chips. Advancement in production technology and improved distribution network across globe is providing lots of new opportunities for major players to expand their business in all over the world. Key players with large variety of product are getting attention from consumers as acceptance of new flavors in potato chips has increased among consumers.

Competitive analysis-

The major key players in Potato Chips market are

  • PepsiCo, Inc. (U.S.)
  • CALBEE, Inc. (Japan)
  • Diamond Foods, Inc.(U.S.)
  • Herr Foods Inc. (U.S.)
  • Lorenz Bahlsen Snack-World Group (Germany)
  • Intersnack Group (Germany)
  • Snyder’s-Lance (U.S.)

The Global Potato Chips market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). North America region has the major market share followed by Asia Pacific. The high growth of snacks products mainly potato chips in Asia-Pacific region is mainly coming from the increasing demand from China and India, as they constitute large part of the global and regional population. The demand for small pack sizes have been increasing considerably in certain countries, such as India and Mexico, due to increasing consumption from lower income groups and demographic changes.

Contact:
Akash Anand
Market Research Future
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: Akash.Anand@Marketresearchfuture.Com
Web: Https://Www.Marketresearchfuture.Com

Matched content

Editor’s pick

Express Press Release Distribution