Healthy Snack Chips Market
2019 Analysis and Review Healthy Snack Chips Market by Product - Pop, Popcorn, Puff, Potato, Tapioca and Tortilla Chips for 2019 - 2029
- 2020-02-21
- REP-GB-11086
- 96 Tables
- 96 Figures
- 250 pages
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An Incisive, In-depth Analysis on the Healthy Snack Chips Market
This study offers a comprehensive, 360 degree analysis on the Healthy Snack Chips market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Healthy Snack Chips market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
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Request Covid -19 ImpactHealthy Snack Chips Market to Witness Robust Growth
Consumer trends that emphasize importance of healthy snacks will propel the healthy snack chips market to grow at a robust CAGR of more than 7% during the forecast period (2019-2029). The growth will be a collective result of favorable dietary trends, and technological developments in convenience food manufacturing. There is a spike in the demand for traditional snack items manufactured with organic and non-GMO ingredients. Market players are leveraging the rise of plant-based and vegan diets to influence purchase decisions. They deploy bespoke packaging and smart labelling practices to provide detailed information and highlight the ‘heathy’ in healthy snack chips products.
Consumers Prefer Healthy Puff Chips
The largest market share by product type is attributed to puff chips segment. Healthy puff chips maintain share-wide dominance with more than 1/4th of total market share. This is followed by healthy potato chips owing to its popularity as the oldest type of snack. Healthy potato chips account for over 1/4th of market share with the most lucrative growth rate. Manufacturers and consumers alike prefer healthy potato chips. For consumers it is comfort of a staple snack and for manufacturers the easy availability of raw material which makes healthy potato chips the most remunerative prospect for sales during the forecast period.
North America Leads Global Sales, East Asia Offers Lucrative Opportunities
North America leads global sales with over 1/4th of market share and a steady growth rate throughout the forecast period. Millennial consumers are a driving force for healthy snacks in countries such as the US. Convenience food products such as healthy snack chips garner increasing demand on the back of surging adoption of ready-to-eat (RTE) food products. Consumers are looking for food products that can be easily integrated with busy lifestyles. Middle East & Africa (MEA) follow the ‘early adopter’ region with a market share of 17% and a dexterous growth rate of 8% through the end of 2029. Developing economies in MEA are witnessing accretive penetration of healthy eating trends. East Asia offers the most remunerative growth prospects with a double digit CAGR of 10% through the end of 2029.
Health Conscious Consumers will Drive Mass-adoption
Manufacturers are under pressure from consumers that demand good quality nutritional products. Especially in healthy snack chips category, since snack chips have traditionally termed as ‘junk food’ by consumers. Surging medical diseases such as obesity, and blood pressure problems will drive demand for healthy snacks as consumers will increasingly look for healthy alternatives. Tapioca healthy snack chips is expected to emerge as a popular choice among millennial consumers. This can be attributed to the increasing popularity of the product type as an instant source of energy.
Sales Lie in Direct-to-Consumer Channels
Direct to consumer distribution channels account for a majority market share of over 40% of the current market value followed by super markets which holds 1/4th market share. Gainful growth opportunities lie in online store segment which is expected grow at a healthy growth rate of over 6% through the end of forecast period. Internet savvy millennial consumers are driving mass-adoption of online stores. Coupled with surging interest in health conscious diets, new consumers are expected to adopt healthy snacks during the forecast period.
FREQUENTLY ASKED QUESTIONS ABOUT Healthy Snack Chips Market
What drives the healthy snack chips market?
Healthy snack chips market is driven by consumer trends such as plant-based and vegan diets, increasing health concerns, and prevalent diseases such as obesity and blood pressure.
Which factors put market players at risk?
Stringent government regulations and quality checks for organic and non-GMO products present restraints for market players. Growing consumer awareness about side-effects of convenience food products and increasing prevalence of vegetable gardening puts market players at risk of lack of adoption.
Which region will lead the global sales of healthy snack chips?
North America leads the global sales of healthy snack chips with a majority market share of more than 20%, followed by Southeast Asia & Oceania. East Asia offers the most lucrative opportunities with a double digit growth rate of more than 10% throughout the forecast period.
Which product segment offers most lucrative growth opportunities?
Potato chips offer the most remunerative growth opportunities garnering over 1/4th of total market value and the highest growth rate. Puff and popcorn will also offer lucrative growth opportunities on the back of shifting consumer preferences.
Which segment based on distribution channel will record the highest growth?
Online distribution channels will record the highest growth as millennial consumers are habitual to ordering online. Whereas, direct to consumer distribution will continue its share-wide dominance through the end of 2029.
Which region offers the most remunerative growth opportunities?
East Asia offers the most remunerative opportunities on the back of increasing millennial consumers that impel the demand for healthy snack chips. Developing economies in this region are witnessing an increment in popularity of plant-based and vegan diets pointing to multiplying health consciousness among consumers.
Healthy Snack Chips: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029
A recent market study published by Future Market Insights on the healthy snack chips offers global industry analysis for 2014-2018 & opportunity assessment for 2019–2029. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.
Market Segmentation
The global healthy snack chips is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
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Report Chapters
Chapter 01 - Executive Summary
The executive summary of the healthy snack chips includes the market country analysis, proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global healthy snack chips.
Chapter 02 – Market Introduction
Readers can find the detailed segmentation and definition of the healthy snack chips in this chapter, which will help them understand basic information about the healthy snack chips. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the healthy snack chips report.
Chapter 03 – Market Background
The associated industry assessment of the healthy snack chips is carried out in this section. The macroeconomic factors affecting growth of the healthy snack chips are provided in this section and the impact of these macroeconomic indicators on the Healthy Snack Chips is analyzed. The processing overview and technological advancements in the healthy snack chips is also provided.
Chapter 04 - Global Healthy Snack Chips Market Value Chain
Profit margins at each level of the healthy snack chips are analyzed and readers can find detailed information on top importers and exporters as well as the value chain of the market.
Chapter 05 – Market Dynamics
The drivers and restraints impacting the growth of the healthy snack chips are explained in this chapter. Opportunities and ongoing trends in the healthy snack chips are also comprehensively discussed.
Chapter 06 – Global Healthy Snack Chips Analysis and Forecast 2014-2029
This chapter includes detailed analysis of the historical healthy snack chips (2014-2018), along with an opportunity analysis for the forecast period (2019-2029). Readers can also find the absolute $ opportunity for the current year (2019 - 2020) and incremental opportunity for the forecast period (2019-2029). This chapter provides details about the healthy snack chips on the basis of product type, and by distribution channel. In this chapter, readers can understand market attractive analysis for all segments. This chapter explains how the healthy snack chips is anticipated to grow across North America, Latin America, Europe, South Asia, Oceania, East Asia and Middle East and Africa.
Chapter 07 – North America Healthy Snack Chips Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the healthy snack chips in the North America region, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on product type and countries in the North America region.
Chapter 08 – Latin America Healthy Snack Chips Analysis 2014-2018 & Forecast 2019-2029
Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of the healthy snack chips in the Latin America region. This chapter also includes growth prospects of the healthy snack chips in leading LATAM countries such as Brazil, Mexico, and the Rest of Latin America.
Chapter 09 – Europe Healthy Snack Chips Analysis 2014-2018 & Forecast 2019-2029
Important growth prospects of the healthy snack chips based on its end user in several countries such as Germany, Italy, France, U.K., Spain, BENLUX, Russia and Rest of Europe are included in this chapter.
Chapter 10 – South Asia Healthy Snack Chips Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the healthy snack chips in South Asia region including the important growth prospects of the healthy snack chips in several countries such as India, Thailand, Indonesia, Malaysia, and Oceania and Rest of South Africa are included in this chapter.
Chapter 11 – East Asia Healthy Snack Chips Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the healthy snack chips in East Asia region including the important growth prospects of the healthy snack chips in several countries such as China, Japan and South Korea are included in this chapter
Chapter 12 – Oceania Healthy Snack Chips Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the healthy snack chips in the Oceania. Readers can also find regional trends, regulations, and market growth of countries in the Oceania
Chapter 13 – Middle East and Africa Healthy Snack Chips Analysis 2014-2018 & Forecast 2019-2029
This chapter offers insights into how the healthy snack chips is expected to grow in major countries in the MEA region such as GCC Countries, Turkey, South Africa, Northern Africa and the Rest of MEA, during the forecast period 2019-2029.
Chapter 14 – Competition Assessment
In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the healthy snack chips along with their market presence analysis by region and product portfolio. Readers can find a comprehensive list of leading manufacturers in the healthy snack chips, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players and end users featured in the report The Kellogg Company, Mission Foods, Tastemorr Snacks, Shearer's Snacks, Herr's Food, Inc., Snyder's-Lance, Inc. , Popchips , ARA Food Corporation, General Mills, Inc., BFY Brands, Frito-Lay North America, Inc., Frito-Lay North America, Inc., Deep River Snacks and others.
Chapter 15 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the healthy snack chips report.
Chapter 16 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the healthy snack chips.
Sources and Primary Research Splits (%)
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Industry Interactions
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References Catalogue
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