Global Potato Chips Market Size, Trends, and Growth Opportunity, By Flavour (Plain/ Salted Potato Chips, Flavoured Potato Chips), By Type (Baked Potato Chips, Fried Potato Chips), By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialist Retailers, Online Retailer Stores, and Other Distribution Channels), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and Forecast till 2030.
Global Potato Chips Market
The Global Potato Chips Market was valued at USD 24.16 billion in 2022 and is expected to expand to USD 31.21 billion in 2030 at a CAGR of 3.28 % during the forecast period 2023-2030.
Potato chips are one of the most famous snack foods consumed globally. These are thin slices of potato that have been seasoned and fried till crisp. When potatoes are fried, the sugar in them reacts with amino acids and turns brown, producing yellowish-brown colour. potato chips are often packaged and marketed in airtight plastic bags, which considerably increases their shelf life.
Market Drivers
The growing population, rising demand for snack items, increasing urbanization, and growing consumption of potato chips act as major factors for the growth of the market.
Furthermore, the growing development of healthier alternatives like low-fat and low-sodium chips and expansion of the e-commerce industry and westernization propelled the growth of the market during the forecast period.
Potato Chips are gluten-free, non-GMO verified, and made along with sea salt, flavors, and natural colors gaining much popularity over traditional ones and boosting the market growth.
Market Restraints
A lot of competition with different alternative items for snacks hinders the growth of the market.
The growing health consciousness among the population restrains the growth of the global Potato Chips market. Additionally, the changes in the price of raw materials hamper the market growth.
COVID-19 Impact on Potato Chips Market
The outbreak of covid-19 adversely impacted the market as lockdowns and strict restrictions were imposed by the government to prevent the spread of covid 19 virus. There is a decrease in demand for potato chips as people are focusing on healthier foods to boost immunity and fight against infection negatively affecting the market growth during a pandemic.
Impact of Russia Ukraine War on the Market
The conflict between Russia and Ukraine can have both direct and indirect impacts on the potato chips market:
Disruptions in the supply chain: Many Potato Chips manufacturers source components from Russia and Ukraine. The war may cause supply chain disruptions and delays, affecting potato chips production and delivery.
Economic sanctions: Economic sanctions imposed on Russia may have an impact on the overall economy, as well as the demand for potato chips in the region.
Market Segmentation
The Global Potato Chips Market is segmented on the basis of Flavour, Type, Distribution Channel, and Region. Based on Flavour, it is segmented into Plain/ Salted Potato Chips, Flavoured Potato Chips. On the basis of Type, it is segmented into Baked Potato Chips, Fried Potato Chips. Based on the Distribution Channel, it is segmented into Supermarkets and Hypermarkets, Convenience Stores, Specialist Retailers, Online Retailer Stores, and Other Distribution Channels. On the basis of Region, it is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regional Analysis
North America is likely to dominate the market over the forecast period owing to the growing innovation in newer flavors and the rising demand for quick snack items in this region.
Asia Pacific is also anticipated to witness substantial growth because of the rising urbanization, adoption of Western culture, and growing demand and production of potato chips in this region.
Key Players
Various key players are listed in this report such as PepsiCo, Kraft Foods, Kellogs Co, Diamond, General Mills, Nestle, J&J SNACK FOODS CORP, Prataap Snacks Ltd, CAMPBELL SOUP COMPANY, Burts Potato Chips Ltd, Great Lakes Potato Chips, Utz Brands Inc.
Market Taxonomy
By Flavour
• Plain/ salted potato chips
• Flavored potato chips
By Type
• Baked potato chips
• Fried potato chips
By Distribution Channel
• Supermarkets And Hypermarkets
• Convenience Stores
• Specialist Retailers
• Online Retailer Stores
• Other Distribution Channels
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Potato Chips Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Potato Chips Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Potato Chips Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Potato Chips Market, By Flavour
5.1 Y-o-Y Growth Comparison, By Flavour
5.2 Potato Chips Market Share Analysis, By Flavour
5.3 Potato Chips Market Size and Forecast, By Flavour
5.3.1 Plain/ Salted Potato Chips
5.3.2 Flavoured Potato Chips
6 Potato Chips Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Potato Chips Market Share Analysis, By Type
6.3 Potato Chips Market Size and Forecast, By Type
6.3.1 Baked Potato Chips
6.3.2 Fried Potato Chips
7 Potato Chips Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Potato Chips Market Share Analysis, By Distribution Channel
7.3 Potato Chips Market Size and Forecast, By Distribution Channel
7.3.1 Supermarkets and Hypermarkets
7.3.2 Convenience Stores
7.3.3 Specialist Retailers
7.3.4 Online Retailer Stores
7.3.5 Other Distribution Channels
8 Potato Chips Market, By Region
8.1 Potato Chips Market Share Analysis, By Region
8.2 Potato Chips Market Share Analysis, By Region
8.3 Potato Chips Market Size and Forecast, By Region
9 North America Potato Chips Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Potato Chips Market Share Analysis, By Flavour
9.3 North America Potato Chips Market Size and Forecast, By Type
9.4 North America Potato Chips Market Size and Forecast, By Distribution Channel
9.5 North America Potato Chips Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Potato Chips Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Potato Chips Market Share Analysis, By Flavour
10.3 Europe Potato Chips Market Size and Forecast, By Type
10.4 Europe Potato Chips Market Size and Forecast, By Distribution Channel
10.5 Europe Potato Chips Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Potato Chips Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Potato Chips Market Share Analysis, By Flavour
11.3 Asia Pacific Potato Chips Market Size and Forecast, By Type
11.4 Asia Pacific Potato Chips Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Potato Chips Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Potato Chips Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Potato Chips Market Share Analysis, By Flavour
12.3 Latin America Potato Chips Market Size and Forecast, By Type
12.4 Latin America Potato Chips Market Size and Forecast, By Distribution Channel
12.4 Latin America Potato Chips Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Potato Chips Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Potato Chips Market Share Analysis, By Flavour
13.3 Middle East Potato Chips Market Size and Forecast, By Type
13.4 Middle East Potato Chips Market Size and Forecast, By Distribution Channel
13.5 Middle East Potato Chips Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 PepsiCo
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Kraft Foods
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Kellogs Co
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Diamond
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 General Mills
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Nestle
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 J&J SNACK FOODS CORP
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Prataap Snacks Ltd
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 CAMPBELL SOUP COMPANY
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Burts Potato Chips Ltd
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 Great Lakes Potato Chips
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
15.12 Utz Brands Inc
15.12.1 Overview
15.12.2 Offerings
15.12.3 Key Financials
15.12.4 Business Segment & Geographic Overview
15.12.5 Key Market Developments
15.12.6 Key Strategies
