Organic Chips Market Insights: Companies with Revenue and Forecast 2030
Organic Chips Market Research Report
The size of
the international organic chips market, which was estimated at USD 23.70
billion in 2030, is projected to increase at a strong CAGR of 6.45% during the
forecast period. The industry for healthy snacks is
expanding as a result of producers trying to capitalize on the rising demand
for nutrient-dense foods. The main drivers of organic
chips market outlook expansion are the need for chemical-free food products
and rising health consciousness. Furthermore, the organic chips market share is
anticipated to be driven by the global trend toward clean-label food intake.
Due to
consumers' tendency to snack throughout the day instead of eating three meals a
day, altering the eating patterns of the populace is mostly fueling the sales
of organic chips. For example, North American customers tend to eat smaller
meals more frequently throughout the day, and their concern for their health
drives them to eat organic food. Their brief meals also include snacks, the
majority of which are potato chips. This then turns into one of the key
market-driving drivers.
Competitive
Landscape
Following are
the organic chips market key players:
Tyrrells Potato
Crisps Limited (UK)
Saratago Potato
Chips LLC (US)
Kettle Foods,
Inc. (US)
Navitas Organics
(US)
Popchips (US)
FZ Organic Food
(Netherlands)
Rhythm
Superfoods, LLC. (US)
Cussons
Australia Pty Ltd (Australia)
Luke’s Organic
(US)
Late July Snacks
LLC (US)
General Mills
Inc. (US)
Market
Segmentation
Depending on
distribution methods, source, and geographic location, the organic chips have
been divided into subgroups. The segmentation of the international market is
assisting in increasing the market's revenue potential as well as their
increasing demand to satisfy the diverse requirements of the customers
globally. The following sub-segments make up the global market segmentations.
Based on the
Source
According to the
source, the worldwide organic
chips market insights has been divided into sub-segments.
Based on the
distribution channel
Depending on the
distribution channel, the industry for organic chips has been divided into store-based
as well as non-store-based sub-segments. Convenience stores, hypermarkets, and
supermarkets are just a few of the several sub-segments that make up the
store-based segment.
Based on the
Global Market Regions
The operation of
the world's organic chips has been examined in four important areas. North
America, the Asia-Pacific region, Europe, and the rest of the globe are these.
The share of the market for organic chips in North America was further divided
into Mexico, the US, plus Canada.
Regional
Classification
In terms of
sales, the North American industry had the highest share in 2018 (34.2%). The
rising frequency of obesity in nations like the U.S. and the expanding
popularity of organic chips are two trends that have fueled industry expansion
in the area. The significant presence of the major market players within North
America, including The Hain Celestial Group, Inc., General Mills Inc., Luke's
Organic, and Kettle Foods, Inc. (U.S.), is another factor that drives the
industry's expansion (U.S.).
Industry News
Numerous health
problems, including obesity, cancer, as well as birth defects, are brought on
by the utilization of synthetic chemical fertilizers and pesticides in food
goods. The increasing prevalence of health issues around the world has
increased consumer awareness of the substances they consume that pose no health
risks, which has encouraged the adoption of goods like organic chips amongst
all these people. A few of the main factors driving the market is the growth in
the number of young people throughout the world. As young people become more
health conscious, they are seeking more and more healthy alternatives for their
regular diet and snacks. As a result, there will be a rise in the need for
organic chips during the projection period.
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