Fruit And Vegetable Chips Market Size Worth $78.4 Billion By 2028: Grand View Research, Inc.
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Key Insights & Findings from the report:
Read 75 page market research report, "Fruit And Vegetable Chips Market Size, Share & Trends Analysis Report By Product (Vegetable [Potato, Sweet Potato, Beetroot, Carrot], Fruit [Apple, Banana, Mango]), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2021 - 2028", by Grand View Research
Under vegetable chips, potato chips held the largest share in 2020. The high consumer preference for potato chips and rising availability of it in novel flavors and gluten-free range is likely to drive its demand. The growth is supported by product launches by most recognized brands. For instance, in July 2021, Frito Lay launched its new range of potato chips Doritos Cool Ranch and Funyuns Onion.
The fruit chips segment is expected to exhibit a higher CAGR from 2021 to 2028. Consumers are seeking new and innovative ways to enjoy their daily intake of fruits, which is shifting their inclination towards functional and sustainable fruit chips. Constant product launches are driving the segment growth. For instance, in July 2021, RIND Snacks, Inc launched its new range of thin-cut fruit chips in exotic flavors of oranges, kiwis, and apples. The product offers with benefits of natural fiber, and vitamins and antioxidants.
The market is consolidated in nature with the presence of a large number of international players and a few regional players. Luke's Organic, PepsiCo, The Kellogg Company, Calbee North America, Seneca Foods Corp., Hain Celestial, Herr Foods Inc., Campbell Soup Company, Utz Brands, Inc., Greenday are the prominent players in the global market.
Grand View Research has segmented the global fruit and vegetable chips market on the basis of product, distribution channel, and region:
List of Key Players of Fruit and Vegetable Chips Market
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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