Global Organic Chips Market to witness increasing growth 6% CAGR by 2023

Market research future published a half cooked research report on the Global Organic Chips Market has been estimated to grow over 6 % post 2023.

Global Organic Chips Market Information: By Source (Vegetable, Fruits, Cereals, Grains, And Others), By Organic Certification (100% Organic, 95% Organic), By Distribution Channel (Store-Based And Non-Store Based) And By Region – Forecast To 2023

“Organic chips” refer to thin slices of vegetables, fruits, and other ingredients that have been fried, baked or popped. Moreover, crisp are made from flour dough and then organic in the oven the category of organic food, which are free from preservatives. The various ingredients used in the preparation of organic chips are 100% organic certified. The raw material such as vegetables, fruits and others used in making organic chips, restrict the use of chemicals such as pesticides and fertilizers during farming. These organic ingredients are usually processed without using irradiation, industrial solvents or synthetic food additives.
With the growing consumer awareness & their increasing interest in healthy lifestyle, the demand for healthy organic chips has increased. In addition to the changing lifestyle, the growing demand for convenience foods is anticipated to drive the organic chips market. Furthermore, growing health awareness and various weight reduction diet trends will fuel the sales of organic popped chips. These factors will support the growth of organic chips market during the forecast period 2017-2023.

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 Key Findings:

  • Changing consumption pattern & urbanization has spurred the growth of organic chips market
  • The market growth in North America region is high compare to Europe

Segments:
Organic chips market has been segmented on the basis of source which includes vegetable, fruits, cereals, grains, and others. Vegetables as an ingredient dominates the market, however due to rising health awareness, cereal chips is projected to grow at the highest CAGR.

On the basis of organic certification, the market is segmented into 100% organic and 95% organic. 100% organic dominates the market due to growing awareness about various side effects caused by consuming food products loaded with chemical preservatives.

On the basis of distribution channel, this market is segmented into store based and non-store based.

Regional Analysis:
The global organic chips market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Among this North American region has major market share followed by Asia Pacific and Europe. Changing consumption pattern, rising health awareness, weight reduction diet trends and rising disposable income in Asia Pacific region are anticipated to drive the demand for organic chips in that particular region. Furthermore the rising working class population and growing demand for on-the-go products, especially in China and India will be a crucial factor underlining the market growth. 

Competitive analysis-
The major key players in organic chips market are

  • Luke’s Organic (U.S.)
  • Tyrrell (U.K.)
  • Kettle Food (U.S.)
  • The Hain Celestial Group, Inc. (U.S.)
  • Popchips (U.S.)
  • Rhythm Superfoods (U.S.)
  • General Mills (U.S.)

The demand for organic chips has pushed manufacturers to innovate and develop new product line which are better in taste and offers various health benefits.

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The global organic chips market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Among this North American region has major market share followed by Europe. Urbanization and rising disposable income in Asia Pacific region is driving the demand for organic chips in that particular region. Rising number of health cognizant people and the growing demand for healthy food especially in China and India will be the crucial factor underlining the market growth. 

Organic chips market has been segmented on the basis of source which includes vegetable, fruits, cereals, grains, and others. Vegetables as an ingredient dominates the market, however due to rising health awareness, cereal chips is projected to grow at the highest CAGR.

On the basis of organic certification, the market is segmented into 100% organic and 95% organic. 100% organic dominates the market due to growing awareness about various side effects caused by consuming food products loaded with chemical preservatives.

On the basis of distribution channel, this market is segmented into store based and non-store based.

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The organic chips market is segmented under the following regions mentioned below:

North America

  • US
  • Canada
  • Mexico 

Europe

  • Germany
  • France
  • Italy
  • Spain
  • UK
  • Rest of Europe 

Asia-Pacific

  • China
  • India
  • Japan
  • Thailand
  • Rest of Asia Pacific 

Rest of the world

  • Latin America
  • Middle East
  • Others

The report for Organic Chips Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. This report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions

 

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