Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Healthy
Snack Chip Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Healthy Snack Chip Market. The
research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global Healthy Snack Chip Market over the short
as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of global Healthy Snack Chip Market is offered. In accordance
with the report, the global Healthy Snack Chip Market is projected to expand at
a CAGR of 4.3% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Snacks being the
largest portion of a diet, it has a very big impact on health. With the recent
trend of fast food and on the go eating, consumption of snacks has subsequently
increased. Healthy snacks are preferred choice amongst all consumers as it does
not lead to issues like heart disease, obesity, and other chronic disease.
Now-a-days,
consumers focus on the importance of healthy snacks due to increased awareness
of healthy and nutritious diet. Key drivers that increases the demand of
healthy snack chip market is the favorably dietary trend, technical development,
and convenience in manufacturing health snack chips etc. Potato chips is
readily available at reasonable cost and in various packages and are easy to
carry and available in various crisps and chips flavor. It is highly in demand
specially amongst younger generations. Consumers are looking for healthier
snack’s food, which they can consume easily, due to their busy schedule and
long working hours. The key factors that are aiding in growth of healthy snack
chips market is the increasing demand for packaged food, increasing inessential
incomes of consumers and progress in economy of developing countries in the
coming years. Many manufacturers are introducing chips made from vegetables
like sweet potato, tomatoes, beetroot, okra etc. to ensure high nutrient
content and using 70% less oil. Healthy Chips are 100% naturally sweet thereby
reducing chances of cholesterol, along with being gluten free. They are also a
healthy option for consumers who follow the vegan diet. However, the biggest
challenge faced by manufacturers is to produce consistent quality snacks with
natural products showing variation in quality and composition. Some
manufacturers perform very less analytical testing or are using time consuming
methods due to which a ‘real time’ analysis is difficult.
Growing
population and their consumption of healthy snacks in developing countries like
United States, makes North America hold maximum revenue share and is the
largest market for healthy snack chip market in the forecast period. In
addition, spending power and increased income levels in this region will
increase the demand further. Major key players are adopting strategies like
mergers & acquisitions, collaborations and launches to hold a strong
foothold in this competitive market across the globe. Many manufacturers are designing and
customizing their packaging to increase its visibility and are also trying new
cooking processes. With the increase in consumption preference for natural ingredients,
manufacturers are avoiding artificial flavors thereby retaining the nutritious
value of the snack.
Segment Covered:
This market
intelligence report on the global Healthy Snack Chip Market encompasses market
segments based on product, type, distribution channels and country/regions.
In terms of Product, the global Healthy Snack
Chip Market is segregated
into
§ Tortilla Chips
§ Popcorn
§ Puff
§ Potato
§ Tapioca
§ Others
By type, the global Healthy Snack Chip Market is also classified into,
§ Potato & Sweet Potato Chips
§ Bean Chips
§ Corn Tortilla Chips
By distribution channel, the global Healthy
Snack Chip Market is also
classified into,
§ Store Based Retailing
ü Hypermarkets / Supermarkets
ü Discount Stores
ü Food & Drink Specialty Store
ü Independent Small Groceries
ü Others
§ Online Retailing
By country/region, the global Healthy Snack Chip Market has been divided into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ PepsiCO
§ Mission Foods
§ Frito Lay North America Inc.
§ BFY Brands
§ Tastemorr Snacks
§ Shearer’s Food Inc.
§ Popchips
§ ARA Food Corporation
§ Hain Celestial
§ Way Better Snacks
§ Campbell Soup Company
§ General Mills Inc.
§ Herr’s Food Inc.
§ Snyder’s Lance Inc.
§ Kellogg’s Company and many more
Other players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Healthy Snack Chip related investment &
spending and developments by major players of the market are tracked in this
global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Healthy Snack Chip Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Healthy Snack
Chip Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as PepsiCo, The Kellogg
Company, Frito-Lay, General Mills, ARA Food Corporation and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Healthy Snack
Chip Market caters to the needs
of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for Healthy Snack
Chip Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Healthy Snack Chip Market
v
Identification
of key factors driving investment opportunities in the Healthy Snack Chip
Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants