Global Organic Chips Market By Product Type (Vegetable, Cereal, Fruits, and Grain), By Distribution Channel (Online Platform, and Retail and Supermarket), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
- Published date: May 2023
- Report ID: 50864
- Number of Pages: 211
Organic Chips Market Overview:
The market for organic chips in the world was valued at USD 16,019 million in 2021. It is expected that it will grow at a rate of 4% over the forecast period.
Due to the rising demand for healthy snacks, many manufacturers are attempting to get into the market. The market is growing due to increasing health awareness and increased demand for chemical-free food products. Market growth will be driven by the growing demand for clean-label products.
Global Organic Chips Market Analysis
Product Type Analysis
Due to their easy availability, organic vegetable chips hold the highest share of overall revenue. On a global scale, the revenue from vegetable chips was US$ 1,721 million in 2021. Another reason vegetable organic chips are so popular is that consumers prefer potato chips to any other type of chips.
Organic chips made from cereals or grains are experiencing a significant increase in demand due to increased awareness about the many health benefits of these cereals.
To increase their market share, organic chip manufacturers have been advertising these chips. To keep their market share, players have been able to increase their product line due to the increasing demand for spices in organic products from the Asia Pacific.
Distribution Channel Analysis
Due to the consumer preference for a one-stop shopping experience, both supermarkets and retailers are expected to grow at 4.1% annual growth. In the Asia Pacific, consumers are increasingly inclined to shop at hypermarkets or supermarkets for bulk purchases due to the increase in disposable income. These consumers are also more inclined to follow traditional buying habits when it comes to food shopping.
Technology advancements and the increasing use of new technologies by consumers will drive high growth in the online distribution channel. In addition to the major players in the market, e-commerce platforms such as Amazon.in and Vitacost.com are encouraged by the growth of organic chip sales in countries like India or China which have comparatively fewer organic food shops.
This indirectly increases the sales of organic chips through online distribution channels. Evolutionsnacks.com, for instance, sells healthy snacks that include organic chips at a cheap price in India. This encourages consumers to buy more until the offer ends, increasing market revenue.
Key Market Segments
By Product Type
By Distribution Channel
- Online Platform
- Retail and Supermarket
The shift in eating habits and preference for organic chips is driving major sales. North Americans are more inclined to eat shorter meals many times per day. This is why organic food is so popular. These short meals often include snacks that primarily consist of chips. This makes them one of the main drivers in the market.
Because of the increasing demand for organic chips from consumers, manufacturers are working to improve their production processes and add value to their existing products. Barnana launched ridged potato chips to enter the salty snack category. The company’s strategy is not to be less involved in product innovation that grabs consumers’ attention.
The market’s major players are expected to invest heavily in research and development, which will drive market growth. Kettle Foods Inc. is an example of a company that invests most of its revenue in research-and-development activities. The investments grow each year.
The U.S. market will experience substantial growth over the forecast period with a CAGR in excess of 3.6%. The strong presence in the U.S. of key players like Luke’s Organic, Kettle Foods Inc., General Mills Inc., and The Hain Celestial Group Inc. are responsible for this market growth. These companies are the major contributors to the U.S. Market Growth. These players will continue to have the largest market share due to the country’s eating habits, and health consciousness.
North America had the largest revenue share at 36% in 2021. This is due to the increasing popularity of organic chips and the rising incidence of obesity in America. In an effort to fight obesity, people are searching for healthier, more natural options to conventional food.
North America’s market growth will be driven by the changing lifestyles of residents, which is expected to lead to a shift in dietary habits and a change in eating habits between meals.
Europe is expected to be a major market for organic chips in the future, due to increased demand from France and Germany. The Asia Pacific is expected to be the fastest-growing market, due to the adoption of western culture and improved eating habits in developing countries.
The future growth of the market is likely to be boosted by the arrival of new brands and players and the availability of organic snacks through e-commerce platforms in India and China. indiamart.com, for example, sells organic potato chips and many other snacks online. It is very popular.
Кеу Regions and Countries covered іn thе rероrt:
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Rest of South America
- South Africa
- Rest of MEA
Due to the presence of many established players that are investing more in R&D in order to make their products stand out, the market is considered competitive. Numerous manufacturers are also involved in the production of plant-based chips.
These chips are targeted at vegans, as a large portion of global consumers is open to the idea of veganism. Eat Real, a U.K. company has announced that it will be launching three new organic vegan and gluten-free snacks, including organic veggie straws, organic hummus, and organic lentil chips.
To increase their sales, manufacturers are also trying to design their products with different flavors and other benefits. Manufacturers are increasingly turning to organic and natural flavors in an effort to meet the increasing demand for snacks that are chemical-free.
Key Market Players:
- Gеnеrаl Міllѕ Inc.
- Lukе’ѕ Оrgаnіс
- Кеttlе Fооd Inc.
- Туrrеll Potato Crisp Ltd.
- Тhе Наіn Сеlеѕtіаl Grоuр Inc.
- Rhуthm Ѕuреrfооdѕ
- Other Key Players
For the Organic Chips Market research study, the following years have been considered to estimate the market size:
Attribute Report Details
Short Term Projection Year
Long Term Projection Year
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
North America, Europe, Asia-Pacific, South America, Middle East & Africa
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)Q: What is the Organic Chips market size in year 2021?
A: The Organic Chips market size was US$16,019 million in 2021.Q: What is the CAGR for the Organic Chips market?
A: The Organic Chips market is expected to grow at a CAGR of 4% during 2023-2032.Q: What are the segments covered in the Organic Chips market report?
A: Market.US has segmented the Organic Chips market by geography (North America, Europe, APAC, South America, and the Middle East and Africa). By Product Type, the market has been segmented into Vegetable, Cereal, Fruits, and Grain. By Distribution Channel, the market has been further divided into Online Platform, and Retail and Supermarket.Q: Who are the key players in the Organic Chips market?
A: Gеnеrаl Міllѕ Inc., Lukе'ѕ Оrgаnіс, Кеttlе Fооd Inc., Туrrеll Potato Crisp Ltd., Тhе Наіn Сеlеѕtіаl Grоuр Inc., Rhуthm Ѕuреrfооdѕ, Рорсhірѕ, and Other Key Players are engaged in Organic Chips Market.Q: Which region is more attractive for vendors in the Organic Chips market?
A: North America accounted for the largest revenue share of 36%, among the other regions. Therefore, North America Organic Chips market is expected to garner significant business opportunities for the vendors during the forecast period.Q: What are the key markets for Organic Chips?
A: Key markets for Organic Chips are the US, China, Japan, India, Brazil, Germany, UK, France, Italy, Spain, etc.Q: Which segment has the largest share in the Organic Chips market?
A: In the Organic Chips market, vendors should focus on grabbing business opportunities from the Vegetable segment as it accounted for the largest market share in the base year.
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