U.S. Potato Chips Market to Observe Highest Growth of USD 12,361.06 million with an Excellent CAGR of 4.2% by 2028

PRESS RELEASE
Published September 29, 2023

“The  U.S. Potato Chips Market research document serves as a valuable tool for businesses, enabling intelligent decision-making and improved management of goods marketing, ultimately fostering business growth. This market report calculates the growth rate and market value based on dynamic market forces and growth-inducing factors. It thoroughly analyzes and discusses significant industry trends, provides estimations of market size, and examines market share in detail. Competitor analysis, a crucial aspect of any market research report, is also a focal point, assessing competitors’ strengths, weaknesses, and strategies related to both products and market positioning.

A high-quality U.S. Potato Chips Market report has been meticulously prepared with unwavering commitment and transparency in research and analysis. The report compiles an array of market drivers and constraints, derived from SWOT analysis, while presenting comprehensive CAGR projections for the historical year 2018, the base year 2019, and the forecast period spanning. It spotlights prospective and pivotal opportunities in emerging geographical markets. A comprehensive report encompasses an exhaustive and distinct analysis of market drivers and constraints, the major market players within the industry, a detailed breakdown of market segmentation, and a thorough competitive analysis of key players.

The U.S. potato chips market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.2% in the forecast period of 2021 to 2028 and is expected to reach USD 12,361.06 million by 2028. Increasing demand for ready-to-eat snacks owing to busier lifestyle and availability of various flavors in potato chips will likely to drive the market growth.

U.S. Potato Chips Market

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Potato chips are commonly served as a snack, side dish, or appetizer. Basic chips are cooked and salted; additional varieties are manufactured using various flavorings and ingredients including herbs, spices, cheeses, other natural flavors, artificial flavors, and additives.

The chips packets are usually filled with nitrogen gas to prolong the chips’ life or to avoid staling the food. In addition, crunchy sound made while eating the chips acts as a major factor driving the consumption as consumers find it attractive. Thus, the crunchier the chips, the more they are likely to be enjoyed by the consumers. Factors that are driving the growth of the U.S. potato chips market are increased consumption of snacks in the U.S., availability of various flavors of potato chips, cost effectiveness of potato chips, and consistent launches of a variety of potato chips. However, availability of other forms of snacking items may restrain the growth of the market.

The U.S. potato chips market report provides details of market share, new developments, and impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the hot fill packaging market scenario, contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Browse Detailed Summary of Research Report with TOC: https://www.databridgemarketresearch.com/reports/us-potato-chips-market?SR

The U.S. potato chips market is segmented into eleven segments based on product type, type, source, flavor, category, packaging size, price, packaging, brand, end user, and distribution channel.

  • On the basis of product type, the U.S. potato chips market is segmented into baked, fried, dried, and others. Dried is further segmented into sun dried and air dried. In 2021, fried segment is expected to dominate the market due to increase in consumption of fried potato chips owing to busy lifestyle of consumers. In addition, increase in demand for crispy snacking items also drives the segment.
  • On the basis of type, the U.S. potato chips market is segmented into extruded, diced, and others. Diced is further segmented into with skin and without skin. In 2021, diced segment is expected to dominate the market as consumers get various options in diced potato chips for example –with skin and without skin, which attracts the consumers and diced potato chips are less expensive as compared to others, which further drives the segment growth.
  • On the basis of source, the U.S. potato chips market is segmented into russet potatoes, yellow potatoes, white potatoes, red potatoes, purple or blue potatoes., fingerling potatoes, new potatoes, and others. In 2021, russet potatoes segment is expected to dominate the market owing to the health benefits of russet potatoes, such as improved heart, metabolism, bone health, and others.
  • On the basis of flavour, the U.S. potato chips market is segmented into regular, single flavor, and blended flavor. In 2021, regular segment is expected to dominate the market as consumers prefer simple and simply salted snacking items, which can help their hunger.
  • On the basis of category, the U.S. potato chips market is segmented into organic and conventional. In 2021, conventional segment is expected to dominate the market due to increase in demand for conventional potato chips in the U.S. as conventional potato chips are cheap and easily available as compared to organic chips.
  • On the basis of packaging size, the U.S. potato chips market is segmented into < 10 OZ, 10 -20 OZ, 20 – 30 OZ, and > 30 OZ. In 2021, < 10 OZ segment is expected to dominate the market as these potato chips are easily available in any retail store and in supermarket, thus it is easier for consumers to buy the product. Plus, the price of < 10 OZ sized potato chips is less as compared to others.
  • On the basis of price, the U.S. potato chips market is segmented into regular and premium. In 2021, regular segment is expected to dominate the market due to increase in demand for regular potato chips as consumers prefer the product with less price specially for snacking item to help their hunger.
  • On the basis of packaging, the U.S. potato chips market is segmented into pouches, bags, cans, cardboard boxes, and others. In 2021, pouches segment is expected to dominate the market as pouches are the most preferred form of packaging from consumers as they are easy to use, comfortable, and can fit in small spaces.
  • On the basis of brand, the U.S. potato chips market is segmented into branded and private level. In 2021, branded segment is expected to dominate the market as consumers prefer branded food products to ensure the quality of the food in order to stay safe and maintain the hygiene.
  • On the basis of end user, the U.S. potato chips market is segmented into retail/household and food service sector. In 2021, retail/household segment is expected to dominate the market as consumers buy snacking items from stores, supermarkets, and retail shops as they are easily available and affordable.
  • On the basis of distribution channel, the U.S. potato chips market is segmented into store-based retailing and non-store retailing. In 2021, store based retailing segment is expected to dominate the market as consumers buy snacking items from stores, grocery stores, specialty stores, and wholesalers as they are easily available and affordable compared to online retailing.

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  • Obtain market revenue forecast for U.S. Potato Chips Market by various segments from 2022-2029 in regions.

Key Influence of this Market:

  • Comprehensive assessment of all opportunities and risk in this U.S. Potato Chips Market
  • This Market recent innovations and major events
  • Detailed study of business strategies for growth of the this Market-leading players
  • Conclusive study about the growth plot of the U.S. Potato Chips Market for forthcoming years
  • In-depth understanding of this U.S. Potato Chips Market particular drivers, constraints and major micro markets
  • Favourable impression inside vital technological and market latest trends striking this Market
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
  • To provide country level analysis of the market with respect to the current market size and future prospective

 For In-Depth Competitive Analysis – Purchase this Report now at a  Complete Table of Contents @  https://www.databridgemarketresearch.com/toc/?dbmr=us-potato-chips-market&SR

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