The market for non-potato vegetable chips is being supported by increased distribution, mostly through e-commerce, and growing consumer awareness of healthier diets. The growing demand for non-GMO and gluten-free snacks will present a major potential for producers in the snacks sector. Also, they have been experimenting with other favors to open up opportunities for growing their clientele, which is projected to promote market expansion.
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Non-Potato Veggie Chips market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Non-Potato Veggie Chips market.
Key Companies Profiled:
- Calbee, Terra
- Beanitos
- Food Should Taste Good
- Scrubby’s
- JicaChips
- Yum Yum
- Sensible Portions Trafo
- Uprooted
Regional Outlook
North America is expected to remain a lucrative region for the growth of the market, on account of the high concentration of significant players that cater to the rising demand among consumers. In addition, technological advancements have also influenced the production and packaging of food products, which have soared in sales in the region.
Another driver fortifying the growth of the market in North America is its robust distribution channel. Supermarkets and hypermarkets that provide offers, discounts, and combos are expected to hold promising growth opportunities for the market.
In the last few years, the rise in concerns related to obesity specifically in the western region including North America and Europe has boosted demand. Along with the increase in obesity, there has been an increase in other health disorders including cardiovascular diseases and diabetes. The higher concentration of players in the US and Canada is anticipated to become a lucrative region for demand.
Recent Developments
Key players operating in the market include Calbee, Terra, Beanitos, Food Should Taste Good, Scrubbys, JicaChips, Yum Yum, Sensible Portions Trafo, and Uprooted. Product innovation and flavor have been the key strategies of market manufacturers.
- Bare Snacks recently launched baked crunchy veggie chips made from beet, carrot, and sweet potato. According to the company, the chips are made by using real vegetables without the addition of artificial preservatives or colors. The new product range is devoid of starchy powders and oil, which enhances their nutritional value. The veggie chips are available in sea salt, ranch, barbecue, and vinegar flavors.
- Eat Real, based in the UK, launched Hummus Chips with sea salt flavor. The chips are produced with natural ingredients and have high nutritional value. Such chips make healthy alternatives to fried snacks and confectionery items. The company believes that such attributes of the snacks will help distinguish the brand from others on supermarket shelves.
- Arjun Foods launched vacuum-fried okra chips that are crispy and exotic in taste. These chips are vacuum fried, which helps in scoring well on health, and consist of a shelf life of about 6 months. The chips are prepared by adding mint seasoning to enhance the flavors of okra chips.
- Costco recently launched a healthy alternative to potato chips called Veggie Snacks, which offers three kinds of chips – Garden Veggie Chips, plain Garden Veggie Straws, and Zesty Ranch flavors Garden Veggie Straws. These chips are low in calories and are made from natural ingredients. The product is free from trans-fat and artificial preservatives.
Segmentation
- By Source
- Root Vegetable Chips
- Carrot Chips
- Cassava Chips
- Jerusalem Artichoke Chips
- Turnip Chips
- Parsnip Chips
- Sweet Potato Chips
- Zucchini Chips
- Others
- Leafy Vegetable Chips
- Kale Chips
- Spinach Chips
- Others
- Root Vegetable Chips
- By Flavors :
- Classic Salty
- Barbecue
- Cheese
- Salt & Pepper
- Cheese & Onion
- Jalapeno and
- Others
- By End-Use :
- Household
- Foodservice
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- Snack foods
- Baked foods accompaniments
- Soups toppings
- Salads
- Others
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- By Distribution Channel
- Direct Sales
- Indirect Sales
- Hypermarkets / Supermarkets
- Convenience Stores
- Specialty Retail Stores
- Traditional Grocery Stores
- Online Retailers
- Direct Sales
- By Regions :
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Japan
- Middle East and Africa
Queries addressed in the Non-Potato Veggie Chips market report:
- Why are the Non-Potato Veggie Chips market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global Non-Potato Veggie Chips market?
- Which regions are displaying the fastest growth in the Non-Potato Veggie Chips market?
- What are the underlying micro-macroeconomic factors affecting the global Non-Potato Veggie Chips market?
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