Non-Potato Veggie Chips Market Forecast: 6.980 billion Valuation by 2032, Growing at 5.00 CAGR
Research Reports
Jul 16, 2024
Non-Potato Veggie Chips Market Overview
Non Potato Veggie Chips Market is projected to register a CAGR of 5.00% to reach USD 6.980 Billion by the end of 2032
The non-potato veggie chips market that aren’t potatoes has grown significantly in recent years due to rising customer desire for healthier snack options. Non-potato veggie chips, in contrast to regular potato chips, are created from a range of vegetables and offer a wholesome substitute that fits in with the newest trends in wellness and health. As consumers become more aware of what goes into their bodies, they are looking for snacks that are fewer in calories and fat and higher in vitamins, minerals, and fiber. This change in customer preferences has sparked innovation and diversity in the snack food sector, which has resulted in the creation and widespread acceptance of veggie chips that aren’t potatoes.
A wide range of goods manufactured from root vegetables, leafy greens, and other vegetables define the global for non-potato veggie chips market. These chips are available in a variety of flavors to suit a wide range of dietary needs and taste preferences. The number of companies in the industry has increased, with both long-standing snack producers and recent arrivals fighting for a piece of this rapidly growing market.
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Key Players
General Mills Inc., Beanitos, Scrubby’s, JicaChips, Yum Yum, Sensible Portions Trafo, PepsiCo, Siete Family Foods, Bare Snacks, Synder’s-Lance.
Market Segmentation
By Source
Root Vegetable Chips:
Types: Sweet potatoes, beets, carrots, and parsnips are among the common root vegetables used to make chips.
Benefits: Packed with fiber, vitamins A and C, and antioxidants, these veggies are a great source of important nutrients.
Market dynamics: Root vegetable chips are a favorite among consumers who are health-conscious because of their substantial texture and naturally sweet flavor profiles.
Leafy Vegetable Chips:
The main leafy vegetables utilized in chips include kale, spinach, and seaweed.
Benefits: Packed with iron, calcium, and vitamins K, C, and A, leafy greens provide a host of positive health effects.
Market dynamics: Often advertised as superfoods, crispiness and high vitamin content are driving the popularity of leafy vegetable chips.
Others:
Types: Bell peppers, eggplant, zucchini, and other various vegetables are included in this group.
Advantages: These veggies offer distinct tastes and nutrient profiles to the market.
Market Dynamics: This category’s versatility enables creative flavor and combination creations that appeal to daring palates and people seeking out novel snack experiences.
By Flavors
Classic Salty: For those looking for a straightforward, savory snack, traditional salty flavor continues to be a popular.
Barbecue: For individuals seeking a robust, gratifying flavor, barbecue’s smoky and sweet flavors are appealing.
Cheese: For those who enjoy cheese, cheese-flavored vegetarian chips provide a tasty and creamy alternative.
Salt and Pepper: A traditional pairing that offers a well-rounded and uncomplicated flavor profile.
Cheese & Onion: The flavor combination of cheese and onion is acidic and rich.
Jalapeño: Customers that prefer a little heat in their snacks are catered to with this spicy jalapeño taste.
Others: This category consists of creative flavors designed to provide distinctive flavor experiences, such as dill pickle, sour cream and chive, and others.
By End Use
Household: Market Dynamics: Due to the rising popularity of at-home snacking, the household segment is the biggest buyer of non-potato veggie chips. Healthy snack options are becoming more and more popular among families and individuals.
Foodservice: Market Dynamics: To appeal to consumers who are health-conscious when dining out, restaurants, cafes, and other foodservice providers are adding non-potato veggie chips to their menus as side dishes, appetizers, or as components of healthy meal alternatives.
Others: Market Dynamics: This group consists of institutional purchasers such as workplaces, hospitals, and schools, which are gradually offering healthier snack options to satisfy the nutritional requirements and preferences of their clients.
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Regional Analysis
North America:
Market Trends: Due to rising health consciousness and a desire for wholesome snacks, North America is the world’s largest market for non-potato veggie chips. Key markets that are well-represented by both well-known and up-and-coming brands are the United States and Canada.
Customer Preferences: A wide range of flavors to suit a variety of palates, as well as organic and non-GMO products, are highly preferred.
Europe:
Driven by rising plant-based diets and health consciousness, the non-potato veggie chip industry in Europe is expanding quickly. Major contributions include the UK, Germany, and France.
Consumer Preferences: Natural and clean-label items are preferred by European consumers, who also have a significant preference for environmentally friendly and sustainable packaging.
Asia-Pacific:
Market Trends: Driven by rising disposable incomes and growing awareness of healthy eating habits, the Asia-Pacific area is becoming into a lucrative market for vegetarian chips that aren’t potatoes. Leading markets include China, Japan, and Australia.
Consumer Preferences: In order to accommodate regional taste preferences, there is an increasing desire for novel flavors and products that include locally grown veggies and spices.
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