Organic Chips Market Overview:
Due to consumers' tendency to snack throughout the day instead of eating three meals a day, altering the eating patterns of the populace is mostly fueling the sales of organic chips. For example, North American customers tend to eat smaller meals more frequently throughout the day, and their concern for their health drives them to eat organic food. Their brief meals also include snacks, the majority of which are potato chips. This then turns into one of the key market-driving drivers.
The size of the international market for Organic Chips Market, which was estimated at 23.70 billion by 2030, is projected to increase at a strong 6.45% CAGR during the forecast period. The industry for healthy snacks is expanding as a result of producers trying to capitalize on the rising demand for nutrient-dense foods. The main drivers of market expansion are the need for chemical-free food products and rising health consciousness. Furthermore, the market is anticipated to be driven by the global trend toward clean-label food intake.
Market Segmentation:
Depending on distribution methods, source, and geographic location, the Organic Chips Market have been divided into subgroups. The segmentation of the international market is assisting in increasing the market's revenue potential as well as their increasing demand to satisfy the diverse requirements of the customers globally. The following sub-segments make up the global market segmentations.
Based on the Source
According to the source, the worldwide organic chips market has been divided into sub-segments.
Based on the distribution channel
Depending on the distribution channel, the industry for organic chips has been divided into store-based as well as non-store-based sub-segments. Convenience stores, hypermarkets, and supermarkets are just a few of the several sub-segments that make up the store-based segment.
Based on the Global Market Regions
The operation of the world's organic chips has been examined in four important areas. North America, the Asia-Pacific region, Europe, and the rest of the globe are these. The share of the market for organic chips in North America was further divided into Mexico, the US, plus Canada.
Regional Classification:
In 2021, the North American market had held the largest share of 34.2% in terms of revenue. There has been growing popularity of organic chips and the rising prevalence of obesity in the countries such as the U.S. are the trends that have propelled the market growth in the region. Another factor boosting the market growth in North America is that there is a strong presence of the key market players in the country such as Kettle Foods, Inc. (U.S.), Luke's Organic, General Mills Inc., and others like The Hain Celestial Group, Inc. (U.S.). The Asian Pacific market is expected to witness the fastest growth in the market over the forecast period that will be ending in 2030 due to improving economic conditions and the growing disposable income of consumers in the participating region.
Competitive Landscape:
The Key Organic Chips Market Player is growing because of the performance that has been recorded by the following market players:
- Tyrrells Potato Crisps Limited (UK)
- Saratago Potato Chips LLC (US)
- Kettle Foods, Inc. (US)
- Navitas Organics (US)
- Popchips (US)
- FZ Organic Food (Netherlands)
- Rhythm Superfoods, LLC. (US)
- Cussons Australia Pty Ltd (Australia)
- Luke’s Organic (US)
- Late July Snacks LLC (US)
Industry News:
Numerous health problems, including obesity, cancer, as well as birth defects, are brought on by the utilization of synthetic chemical fertilizers and pesticides in food goods. The increasing prevalence of health issues around the world has increased consumer awareness of the substances they consume that pose no health risks, which has encouraged the adoption of goods like organic chips amongst all these people. A few of the main factors driving the market is the growth in the number of young people throughout the world. As young people become more health conscious, they are seeking more and more healthy alternatives for their regular diet and snacks. As a result, there will be a rise in the need for organic chips during the projection period.
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