(Entertainment-NewsWire.com, December 21, 2023 ) As per Maximize Market research, the Potato Chips Market was USD 35.5 billion in 2022 and is expected to grow at a CAGR of 4.3 percent over the forecast period to reach USD 47.67 billion by 2029.
Potato Chips Market Report Scope and Research Methodology
The Potato Chips Market report encompasses an analysis of global trends, regional insights, market dynamics, and competitive landscapes. The methodology involves extensive primary research, including interviews with industry experts, manufacturers, and consumers, complemented by secondary research from verified sources. Data analysis, market sizing, and trend identification serve as the basis for a comprehensive understanding of the potato chips market.
The demand for convenient, on-the-go snacks like potato chips is a primary driver in the market's growth. Evolving consumer preferences for easily accessible snacks have propelled manufacturers to innovate, optimizing supply chains and leveraging technological advancements in production processes. Additionally, packaging innovations aligned with sustainability and the rise of e-commerce as a distribution channel further fuel market expansion.
Potato Chips Market Regional Insights
In North America, particularly the United States, the potato chips market is driven by dynamic consumer preferences and regional diversity in flavors. Leading brands like Frito-Lay under PepsiCo wield significant influence with renowned products such as Lay's and Ruffles. Leveraging robust distribution networks and strong brand recognition, these companies introduce new flavors, engage consumers, and sustain a competitive advantage in the market.
Maximize Market Research is leading Food and Beverages research firm, has also published the following reports:
Sour Cream Market - The market size is expected to reach USD 2.60 Bn. by 2029 at a CAGR of 6.5 percent during the forecast period.
Organic Chips Market - The Market size is expected to reach USD 22.5 Million. by 2029 at a CAGR of 6.16 percent during the forecast period.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.
