Seattle, WA -- (SBWIRE) -- 12/13/2019 -- The increasing young population, globally, disposable incomes and changing lifestyles are promoting higher consumption of potato chips. These chips are served as appetizers, side dish, or as snacks. Innovation or new product offering is considered as an opportunity for this market. The introduction of healthier alternatives, like the low-fat and low-sodium chips, in the emerging markets also supports the growth of this industry. There are many potato chip substitutes available in the market, and this could be a major threat and also hamper the consumer loyalty, which can further inhibit the potato chips market growth.
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The major players profiled in this report include:
Calbee Foods, PepsiCo, Diamond Foods, Herr Foods, Snyder's-Lance, Lorenz Bahlsen Snack-World Group, Intersnack Group
The report firstly introduced the Potato Chips basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
Potato Chips Market Segmentation
The global potato chips market has been segmented by type and taste. By taste, the market is segregated into plain, salted, chili, and flavored chips. Further segmentation, by flavor, is done as barbecue chips, salt & vinegar, sour cream and onion, spicy jalapeno, rotisserie chicken, cheddar and sour cream, sweet onion, honey mustard, ranch, cheese & onion, and salt & pepper. In the U.S, more than xx% of households prefer plain potato chips over the flavored. The flavored potato chips market hold a higher CAGR during the forecast period.
The global potato chips market is also segmented by the distribution channel into super markets/hyper markets, convenience stores, independent retailers, and others. The supermarkets/hyper markets dominated in 2016, with more than 70% market share.
Reasons for Buying Potato Chips market
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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