Skip to main content

Healthy Snack Chips Market Estimated to Exhibit 7.0% CAGR through 2029

The global healthy snack chips market will thrive at an impressive 7% CAGR during 2019 – 2029, as projected by a new Future Market Insights (FMI) report. Key players in the healthy snack chips market are eying profitable opportunities through direct-to-consumer channels of distribution and sales.
“Market players will gain significantly from introduction of new flavours and nutrient profiles. Prevailing consumer trends push manufacturers to adopt advanced technologies and increase options in organic and non-GMO food products,” says the FMI report.
Healthy Snack Chips Market: Key Findings
  • Puff chips will account for a fourth of the overall healthy snack chips market through the forecast period.
  • Healthy potato snack chips account for 1/4th of the overall market value.
  • Direct-to-consumer distribution channels remain highly preferred, accounting for 40% of global sales.
  • Online stores will generate lucrative opportunities, driven by demand from millennial consumers.
  • Capturing a substantial volume share in the market, North America and MEA are projected to lead the global market.
Healthy Snack Chips Market: Key Driving Factors
  • Consumer trends that focus on the importance of healthy snacking habits support the rise of the market.
  • Favourable dietary trends, convenience in manufacturing food, and tech developments are key drivers of market growth.
  • Comfort derived from staple snacks and the easy availability of raw materials for manufacturers bolsters market growth.
  • The surge in ailments such as obesity and blood pressure would help in sustaining demand.
Healthy Snack Chips Market: Key Restraints
  • Strict regulations by governments and quality checks for non-GMO and organic products remain key constraints.
  • Rising awareness among consumers about side effects associated with convenience foods continues to hamper market growth.
Competition Landscape            
Manufacturers are leveraging high growth potential of healthy snack chips market by multinational and regional companies. Industry heavyweights are targeting investments in food technology, to meet the global demand for healthy snack chips. Prominent companies operating in healthy snack chips market include, but are not limited to, Deep River Snacks, The Kellogg Company, Frito-Lay North America Inc., Mission Foods, BFY Brands, Tastemorr Snacks, General Mills Inc., Shearer’s Snacks, ARA Food Corporation, Herr’s Food Inc., Popchips, and Snyder’s-Lance Inc.
About the Report
This 170-page study offers detailed market forecast on the healthy snack chips market. The key categories covered in the report include product type (pop, popcorn, puff, potato, tapioca, and tortilla chips), distribution channel (super markets, online stores, direct-to-customer, and others). This analysis has been tracked on a country-wise level, with a total of 30+ countries across 7 key regions.
Explore FMI’s lucid coverage of the food and beverages landscape
Decorations and Inclusions Market– The decorations and inclusions market study analyses the key trends, innovations, regulatory policies, and key strategies adopted by leading players in this evolving landscape.
Infant Formula Ingredients Market– The study analyses the infant formula ingredients market and offers growth opportunities in USD million across 30+ countries in six regions
Rosemary Extracts Market– With strong growth through 2027, rosemary extract producers are eying substantial growth in a market.
Press-Release Source – https://www.globenewswire.com/news-release/2020/03/11/1998717/0/en/Sales-of-Healthy-Snack-Chips-on-an-Upswing-as-Consumer-Proclivity-for-Plant-based-and-Vegan-Options-Continues-to-Soar-Finds-a-New-FMI-Study.html
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
Contact
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com

Comments

Post a Comment

Popular posts from this blog

Frozen Foods Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2032

 The Frozen Foods Market has experienced a significant transformation in recent years and continues to be a prominent and dynamic segment of the global food industry. As we move into 2033, this market remains a crucial part of modern lifestyles, offering a wide variety of convenient and preserved food options for consumers. The growth of the Frozen Foods Market is fueled by changing consumer preferences, technological innovations, and an ever-increasing demand for convenient, time-saving, and nutritious meal solutions. In 2033, the Frozen Foods Market is expected to continue its upward trajectory, as more consumers seek the benefits of frozen products. This market encompasses an extensive range of items, from frozen vegetables and fruits to ready-to-eat meals, appetizers, and desserts. The versatility and extended shelf life of frozen foods have made them an essential staple in many households. Consumers are drawn to the convenience of having quick, easy-to-prepare, ...
Post a Comment
Read more

Neuroprosthetics Market Trends, Growth, Future Demand, Analysis and Forecast by 2032

 The Neuroprosthetics Market is a rapidly growing field at the intersection of neuroscience, engineering, and medical technology. Neuroprosthetics, also known as brain-computer interfaces (BCIs), are devices designed to restore or augment neural functions in individuals with neurological impairments or disabilities. These revolutionary devices hold immense potential in restoring mobility, sensory perception, and communication for patients suffering from conditions like paralysis, limb loss, or severe neurological disorders. The market's growth is fueled by advancements in neuroscience research, increasing investment in neuroprosthetics development, and a growing demand for innovative solutions to improve the lives of patients with neurological conditions. One of the key drivers of the neuroprosthetics market is the rise in neurological disorders and traumatic injuries leading to motor and sensory impairments. As the global population ages and the incidence of neurod...
Post a Comment
Read more

U.S. Automotive and Aircraft Interior Genuine Leather Aftermarket Key Players, Industry Overview, Applications and Analysis 2031

  The   U.S. automotive and aircraft leather aftermarket  is projected to reach a valuation of   US$ 7.8 Bn   in 2021. Rising demand for high-quality, lightweight, and durable leather for automotive and aircraft interiors is expected to push sales at   3.6% CAGR,   with the market valuation reaching   US$ 11.1 Bn   in 2031. Automotive and aircraft interior genuine leather is designed to provide comfort and to improve the visual appeal of the interiors. It also leaves the vehicle with a remarkable appearance and feel. It is used widely in midrange and premium passenger vehicles and in business class aircraft. The interior of a vehicle and aircraft that adds to the aesthetic appeal, is also a major factor that influences consumer buying decision. Longer operational life and extended warranties are some factors aiding the growth of the market. Request a Sample of this Report @   https://www.futuremarketinsights.com/reports/sample/rep-gb-142...
3 comments
Read more