openPR Logo
Press release

Global Potato Chips Market Overview 2018, Demand by Regions, Share, Growth and Forecast to 2023

03-05-2018 09:39 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: IMARC Group

Global Potato Chips Market Overview 2018, Demand by Regions,

The global potato chips market has been witnessing a positive growth. This can be attributed to the rising demand for packaged food, easy availability and affordability of potato chips, introduction of new flavours and attractive packaging by manufacturers.

Request a sample report: https://www.imarcgroup.com/request?type=report&id=534&flag=B

Potato chips are thin slices of potatoes that are baked, fried, popped or kettle-cooked until they become crunchy. These chips are usually made of floury potatoes as they have lower levels of water and sugar. The colour of potato chips is yellowish-brown which is the result of the combination of amino acids and sugar. These chips are served as a snack, appetiser or side dish with the addition of other flavours and ingredients such as salt, cheeses and spices among others. A new research report by IMARC Group, titled “Potato Chips Market – Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market was worth more than US$ 28 Billion in 2017. The report further anticipates the market to cross US$ 34 Billion by 2023, at a projected CAGR of over 3.4% during the forecast period.

Read full report with TOC: https://www.imarcgroup.com/potato-chips-manufacturing-plant

Global Potato Chips Market Drivers/Constraints:

One of the major trends that has been witnessed in developing markets is the rise in the demand for packaged food on account of hectic lifestyles, changing dietary patterns and western influences.

Over the years, consumers in developed regions, have started inclining towards the healthier alternatives of potato chips such as low-sodium and low-fat chips. This acts as a primary factor which is driving the growth of the market.

As compared to other snacks, potato chips are easily available and can be purchased at lower prices. This, in turn, contributes towards an augmented demand of potato chips across the globe.

Moreover, rising disposable incomes, escalating young population, introduction of new flavours and attractive packaging are some of the other factors which are positively influencing the growth of the market.
However, the growth of the market is hindered by an increase in health consciousness among the consumers which has encouraged the shift towards healthier eating patterns.
Regional Insights:

On a geographical front, the United States enjoys a leading position in the global potato chips market, holding the majority of the market share. This is due to an availability of unique and new flavours along with the rising demand for quick snacks across the region. It is followed by the United Kingdom, Russia, China, Argentina, Brazil and India.

Competitive Landscape:

The highly fragmented market includes various large and small manufacturers who compete in terms of prices and quality. At present, it is difficult for small players to survive without the help of acquisition as there is an intense competition in the market. Some of the leading players operating in the market are:

Pepsico
Kraft Foods
Kellogs
Diamond
General Mills
Nestle

Browse related reports:

Frozen Finger Chips Market Research Report: https://www.imarcgroup.com/frozen-finger-chips-manufacturing-plant

Pasta Market Research Report: https://www.imarcgroup.com/pasta-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us

IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Potato Chips Market Overview 2018, Demand by Regions, Share, Growth and Forecast to 2023 here

News-ID: 963625 • Views:

More Releases from IMARC Group

GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: 5.3%
GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: …
GCC Pet Food Market Overview Market Size in 2024: USD 266.2 Million Market Size in 2033: USD 422.9 Million Market Growth Rate 2025-2033: 5.3% According to IMARC Group's latest research publication, "GCC Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC pet food market size was valued at USD 266.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 422.9 Million by 2033, exhibiting a
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | With a 7.50% CAGR
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | Wi …
GCC Residential Real Estate Market Overview Market Size in 2024: USD 73.31 Billion Market Size in 2033: USD 147.77 Billion Market Growth Rate 2025-2033: 7.50% According to IMARC Group's latest research publication, "GCC Residential Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC residential real estate market size was valued at USD 73.31 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 147.77 Billion by
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAGR
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAG …
GCC Drones Market Overview Market Size in 2024: USD 588.2 Million Market Size in 2033: USD 2,005.3 Million Market Growth Rate 2025-2033: 13.3% According to IMARC Group's latest research publication, "GCC Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The GCC drones market size was valued at USD 588.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,005.3 Million by 2033, exhibiting a growth rate of
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Market Overview: The medical imaging market is experiencing rapid growth, driven by Growing Burden of Chronic and Age-Related Diseases, Expansion of Government-Funded Health Infrastructure and Technological Advancements in Imaging Modalities. According to IMARC Group's latest research publication, "Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global medical imaging market size reached USD 44.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach

All 5 Releases


More Releases for Potato

Potato Chips and Crisps Market Is Booming Worldwide | Burts Potato Chips, Calbee …
Pro Market Reports published a new research publication on "Potato Chips and Crisps Market" with 230+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Potato Chips and Crisps market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled
Potato Snacks Market Growing Popularity and Emerging Trends | Herr Foods, Burts …
Latest Study on Industrial Growth of Global Potato Snacks Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Potato Snacks market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and
Global Frozen Potato Market: Emerging Trends, Major Key Players Bart's Potato Co …
According to the report, The frozen potato market was valued at US$ 62,753.12 million in 2021 and is projected to reach US$ 83,889.18 million by 2028. It is expected to grow at a CAGR of 4.2% from 2021 to 2028. Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=007131 The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global FROZEN POTATO industry including a
Sweet Potato Market 2019 Global Key Players Analysis by Bright Harvest Sweet Pot …
Sweet potato is a vegetable with a sweet and nutritious tuberous root. It has a creamy texture and sweet-spicy flavor, and is most suitable for savory dishes. This vegetable consist of high amounts of beta carotene that act as antioxidants, which are helpful in preventing aging n and many other serious health problems, such as cancer. Sweet potatoes are available in different forms such as flour, paste, whole product, and
Potato harvest at historical low level in Germany; Impact on potato supply and p …
After completion of the potato harvest the expected low yield of the crop due to the extreme drought this summer became true. The German association of fruit, vegetable and potato processing industry (BOGK) confirmed therefore the content of their press release statement from July this year. With only 8.7 million tons of potatoes the crop quantity reached a histori-cal all-time low level this year. Farming and potato processing industry experts have currently estab-lished
Food, Sweet Potatoes Market, Bright Harvest Sweet Potato, Sweet Potato Spirit, M …
Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Sweet Potatoes Market Insights, Forecast to 2025” provides an in-depth analysis of the Sweet Potatoes Market with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house).The research study examines the Sweet Potatoes Market