Market Overview:
The global vegetable chips market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for healthy snacks, increasing awareness about the health benefits of consuming vegetables, and growing trend of snacking among consumers. The baked vegetable chips segment is expected to grow at a higher CAGR than the fried vegetable chips segment during the forecast period. This can be attributed to increasing demand for healthier snacks and rising awareness about the health benefits of consuming baked vegetables over fried vegetables. In terms of application, supermarket is expected to hold a larger share of the global vegetable chips market than departmental store, grocery store, and others during the forecast period. This can be attributed to supermarkets offering a wider variety of products as compared with other retail formats and also due to increasing inclination among consumers towards convenience shopping formats.
Product Definition:
A vegetable chip is a thin slice of vegetables that are usually fried or baked. They are often eaten as a snack food and can be found in most grocery stores. Vegetable chips are important because they provide a healthy, alternative snack option to potato chips and other unhealthy snacks.
Baked Vegetable Chips:
Baked vegetable chips are the new trend in snack foods. The market is expected to witness significant growth over the forecast period owing to factors such as increasing health awareness, changing lifestyles of consumers and growing popularity of on-the-go food. Furthermore, baked vegetable chips are a good source of dietary fiber which helps regulate bowel movements and absorption of nutrients in the body.
Fried Vegetable Chips:
Fried vegetable chips are the new trend in snack foods and are expected to witness significant growth over the forecast period. The growing health consciousness among consumers has been driving demand for baked, roasted, and fried plant-based products such as potato, corn, green beans etc. This is a major factor driving demand for fried vegetable chips in snacks market globally.
Application Insights:
Supermarket was the largest application segment and accounted for a revenue share of more than 60% in 2017. The vegetable chips sold in supermarkets are generally fried or baked products, however, manufacturers are introducing healthier options such as roasted vegetables that can be eaten raw as well. These healthier options have increased the popularity of vegetable chips at home among consumers who prefer to prepare their own food. Manufacturers are also launching new products in order to cater to consumer demands and preferences. For instance, Green Giant launched a range of oven-baked sweet potato & carrot sticks along with kale & quinoa fritters that can be eaten without any dip or sauce on account of its healthy ingredients content making it an ideal snack option for health-conscious people across the globe.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for healthier snacks and changing lifestyles of consumers in U.S., Canada, and Mexico. Furthermore, growing popularity of vegetable chips as an alternative to potato or corn chips is projected to drive the regional product demand over the next eight years.
Asia Pacific has emerged as one of the prominent markets for packaged vegetables and related products such as vegetable chips due to rising disposable income levels among consumers coupled with growing health consciousness towards diet patterns in developing countries including China, India, Thailand, Philippines etc.; which are major production hubs for various types of vegetables across Asia Pacific region; especially China & India).
Growth Factors:
- Increasing demand for healthy snacks: The global vegetable chips market is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for healthy snacks, especially among health-conscious consumers.
- Rising popularity of veganism and vegetarianism: The number of people adopting veganism and vegetarianism is rising rapidly across the globe, which is driving the growth of the global vegetable chips market.
- Growing trend of snacking: The growing trend of snacking is another major factor propelling the growth of this market. Consumers are increasingly preferring convenient snack foods that are not only healthy but also tasty and affordable.
- Proliferation of retail formats: Vegetable chips are witnessing high demand from modern trade outlets such as supermarkets and hypermarkets owing to their easy availability and competitive prices relative to traditional grocery stores or mom-and-pop stores in rural areas.. This is further propelling the growth prospects for this market in developed countries across Europe and North America . 5) Innovation in product offerings by key players: To stay ahead in this highly competitive landscape, key players are introducing innovative products with unique flavors into the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Vegetable Chips Market Research Report
By Type
Baked Vegetable Chips, Fried Vegetable Chips, Others
By Application
Supermarket, Departmental Store, Grocery, Others
By Companies
Calbee, Our Little Rebellion, Pepsico, Snikiddy, Zweifel, Aib Foods, The Forager Foods, Hain Celestial, Nehf, Popchips, Calbee, Sensible Portions, The Better Chip, Wai Lana Productions
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Vegetable Chips Market Report Segments:
The global Vegetable Chips market is segmented on the basis of:
Types
Baked Vegetable Chips, Fried Vegetable Chips, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Departmental Store, Grocery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Calbee
- Our Little Rebellion
- Pepsico
- Snikiddy
- Zweifel
- Aib Foods
- The Forager Foods
- Hain Celestial
- Nehf
- Popchips
- Calbee
- Sensible Portions
- The Better Chip
- Wai Lana Productions
Highlights of The Vegetable Chips Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Baked Vegetable Chips
- Fried Vegetable Chips
- Others
- By Application:
- Supermarket
- Departmental Store
- Grocery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vegetable Chips Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vegetable chips are chips made from vegetables.
Some of the major companies in the vegetable chips market are Calbee, Our Little Rebellion, Pepsico, Snikiddy, Zweifel, Aib Foods, The Forager Foods, Hain Celestial, Nehf, Popchips, Calbee, Sensible Portions, The Better Chip, Wai Lana Productions.
The vegetable chips market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vegetable Chips Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Vegetable Chips Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vegetable Chips Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Vegetable Chips Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Vegetable Chips Market Size & Forecast, 2020-2028
4.5.1 Vegetable Chips Market Size and Y-o-Y Growth
4.5.2 Vegetable Chips Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Baked Vegetable Chips
5.2.2 Fried Vegetable Chips
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Departmental Store
6.2.3 Grocery
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vegetable Chips Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vegetable Chips Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Baked Vegetable Chips
9.6.2 Fried Vegetable Chips
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Departmental Store
9.10.3 Grocery
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Baked Vegetable Chips
10.6.2 Fried Vegetable Chips
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Departmental Store
10.10.3 Grocery
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Baked Vegetable Chips
11.6.2 Fried Vegetable Chips
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Departmental Store
11.10.3 Grocery
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Baked Vegetable Chips
12.6.2 Fried Vegetable Chips
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Departmental Store
12.10.3 Grocery
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Baked Vegetable Chips
13.6.2 Fried Vegetable Chips
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Departmental Store
13.10.3 Grocery
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vegetable Chips Market: Competitive Dashboard
14.2 Global Vegetable Chips Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Calbee
14.3.2 Our Little Rebellion
14.3.3 Pepsico
14.3.4 Snikiddy
14.3.5 Zweifel
14.3.6 Aib Foods
14.3.7 The Forager Foods
14.3.8 Hain Celestial
14.3.9 Nehf
14.3.10 Popchips
14.3.11 Calbee
14.3.12 Sensible Portions
14.3.13 The Better Chip
14.3.14 Wai Lana Productions
