Market Overview:
The global zero calorie chips market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market is segmented by type, application and region. By type, the potato segment is expected to dominate the market with a share of more than 50%. This can be attributed to the increasing demand for healthy snacks and rising awareness about the health benefits of potatoes. By application, super markets are expected to account for majority of the share in terms of revenue in 2018. However, online stores are projected to witness highest growth rate during the forecast period owing to increasing penetration of internet and growing trend of e-commerce among consumers across regions.
Product Definition:
Zero calorie chips are a snack food that has been specifically designed to have zero calories. This makes them a good option for people who are trying to lose weight or manage their calorie intake, as they can enjoy the taste of chips without having to worry about the impact on their diet.
Potato:
Potato is a starchy, staple food produced in numerous varieties. It is considered as an important part of the diet of a majority of the world's population and has been for thousands of years. The global potato market size was valued at USD 28 billion in 2016 and it is expected to grow at a CAGR (Compound Annual Growth Rate)of 4% from 2017 to 2024.
Tapioca:
Tapioca is a starch extracted from the root of the cassava plant. It has high nutritional value and can be used as an alternative to sugar. Tapioca acts as a thickening agent, stabilizer, binder, humectant (it helps retain moisture), and coating ingredient in zero calorie chips production.
Application Insights:
The super markets segment held the largest market share of more than 60% in 2017. The application of zero calorie chips is increasing in the supermarkets as they are a convenient and healthy snack option for consumers who have strict diets. Moreover, retailers can save costs by reducing their food cost without affecting their profit margins.
Zero calorie potato chips were the most popular product among others category that includes tapioca chips, corn chip etc. Potato chip manufacturers are increasingly using natural ingredients to reduce calories and fat content while maintaining or improving taste of products over recent years due to growing consumer demand for low-calorie snacks with similar texture and flavor as regular ones but with lower calories count. Potato is a major ingredient used in manufacturing zero calorie potato chips which accounts for around 70% - 80% of total production depending upon variety selected for processing along with other ingredients such as salt, vegetable oil etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to growing health awareness among consumers, rising disposable income, and increasing adoption of healthy lifestyle habits among working class population in U.S., Canada, and Mexico.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to changing consumer lifestyles along with increasing disposable income especially in China and India which has a large vegetarian population that prefers zero calorie food products such as chips/crunchy snacks for their daily diet requirement.
Europe accounted for more than 25% share of global revenue in 2017 due to high demand from countries including Germany, U.K.
Growth Factors:
- Increasing demand for healthy snacks: The global Zero Calorie 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 awareness about obesity and its associated health risks: There has been a rising awareness about obesity and its associated health risks in recent years, which is driving consumers towards healthier alternatives such as Zero Calorie Chips.
- Growing popularity of veganism and vegetarianism: The growing popularity of veganism and vegetarianism is another key factor that is contributing to the growth of the Zero Calorie Chips market. This trend is particularly prominent in developed countries such as the US and Europe, where there has been a significant increase in the number of people adopting these lifestyles over the past few years.
- Proliferation of convenience stores: Convenience stores are proliferating at a rapid pace across emerging markets such as India and China, which offers an attractive distribution channel forZero Calorie Chips manufacturers operating in these regions.. Additionally, rising income levels are also fuelling demand for convenience store formats across these markets..
Scope Of The Report
Report Attributes
Report Details
Report Title
Zero Calorie Chips Market Research Report
By Type
Potato, Tapioca, Others
By Application
Super Markets, Online Stores, Direct to Consumer (DTC)
By Companies
Popchips, The Kellogg Company, Mission Foods, Tastemorr Snacks, Shearer's Snacks, Herr's Food, ARA Food Corporation, General Mills, PepsiCo(BFY Brands), Frito-Lay North America, Deep River Snacks
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Zero Calorie Chips Market Report Segments:
The global Zero Calorie Chips market is segmented on the basis of:
Types
Potato, Tapioca, 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
Super Markets, Online Stores, Direct to Consumer (DTC)
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:
- Popchips
- The Kellogg Company
- Mission Foods
- Tastemorr Snacks
- Shearer's Snacks
- Herr's Food
- ARA Food Corporation
- General Mills
- PepsiCo(BFY Brands)
- Frito-Lay North America
- Deep River Snacks
Highlights of The Zero Calorie 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:
- Potato
- Tapioca
- Others
- By Application:
- Super Markets
- Online Stores
- Direct to Consumer (DTC)
- 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 Zero Calorie 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
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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?
Zero Calorie Chips are a type of snack food that are made from artificial ingredients and have no calories. They can be found in many different flavors, including chocolate, mint, and fruit.
Some of the key players operating in the zero calorie chips market are Popchips, The Kellogg Company, Mission Foods, Tastemorr Snacks, Shearer's Snacks, Herr's Food, ARA Food Corporation, General Mills, PepsiCo(BFY Brands), Frito-Lay North America, Deep River Snacks.
The zero calorie chips market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Zero Calorie 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 Zero Calorie Chips Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Zero Calorie 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 Zero Calorie 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 Zero Calorie Chips Market Size & Forecast, 2020-2028
4.5.1 Zero Calorie Chips Market Size and Y-o-Y Growth
4.5.2 Zero Calorie 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 Potato
5.2.2 Tapioca
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 Super Markets
6.2.2 Online Stores
6.2.3 Direct to Consumer (DTC)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Zero Calorie 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 Zero Calorie 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 Potato
9.6.2 Tapioca
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 Super Markets
9.10.2 Online Stores
9.10.3 Direct to Consumer (DTC)
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 Potato
10.6.2 Tapioca
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 Super Markets
10.10.2 Online Stores
10.10.3 Direct to Consumer (DTC)
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 Potato
11.6.2 Tapioca
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 Super Markets
11.10.2 Online Stores
11.10.3 Direct to Consumer (DTC)
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 Potato
12.6.2 Tapioca
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 Super Markets
12.10.2 Online Stores
12.10.3 Direct to Consumer (DTC)
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 Potato
13.6.2 Tapioca
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 Super Markets
13.10.2 Online Stores
13.10.3 Direct to Consumer (DTC)
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 Zero Calorie Chips Market: Competitive Dashboard
14.2 Global Zero Calorie Chips Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Popchips
14.3.2 The Kellogg Company
14.3.3 Mission Foods
14.3.4 Tastemorr Snacks
14.3.5 Shearer's Snacks
14.3.6 Herr's Food
14.3.7 ARA Food Corporation
14.3.8 General Mills
14.3.9 PepsiCo(BFY Brands)
14.3.10 Frito-Lay North America
14.3.11 Deep River Snacks
