Organic Chips Key Market Players, Revenue, Growth Ratio, and Forecast 2030
Organic Chips Market Research Report
The size of the international organic chips market, which was estimated at USD 23.70 billion in 2030, is projected to increase at a strong CAGR of 6.45% 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 organic chips market is anticipated to be driven by the global trend toward clean-label food intake.
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.
Competitive Landscape
Following are the organic chips key 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)
General Mills Inc. (US)
Market Segmentation
Depending on distribution methods, source, and geographic location, the organic chips 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 terms of sales, the North American industry had the highest share in 2018 (34.2%). The rising frequency of obesity in nations like the U.S. and the expanding popularity of organic chips are two trends that have fueled industry expansion in the area. The significant presence of the major market players within North America, including The Hain Celestial Group, Inc., General Mills Inc., Luke's Organic, and Kettle Foods, Inc. (U.S.), is another factor that drives the industry's expansion (U.S.).
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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