Global Healthy Fruit & Vegetables Chips Market

Global Healthy Fruit & Vegetables Chips Market Size, Share, Growth Analysis, By Product(Vegetable and Fruit), By Distribution Channels(Offline and Online) - Industry Forecast 2024-2031


Report ID: SQMIG30I2223 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 59 | Figures: 77

Global Healthy Fruit & Vegetables Chips Market Insights

Global Healthy Fruit & Vegetables Chips Market size was valued at USD 13.80 billion in 2022 and is poised to grow from USD 14.28 billion in 2023 to USD 26.83 billion by 2031, at a CAGR of 8.2% during the forecast period (2024-2031).

The market for fruit and vegetable chips is growing as a result of consumer demand for convenient, healthful, ready-to-eat snacks. The National Library of Medicine found that the percentage of people who snack has climbed significantly from 18.9% to 45% in its report. The pandemic epidemic has prompted roughly 31.0% of consumers to hunt for vitamins and minerals in their snacks, according to the National Online Consumer Survey. The market is expanding as a result of rising consumer interest in consuming functional foods. In January 2022, around 80% of customers in the U.S. will be looking for snacks to improve their physical health, according to a Sosland Publishing Company article. Additionally, over the course of the projection period, the market is anticipated to grow as a result of consumers adopting plant-based diets and healthier snacking habits. Because of a sedentary lifestyle, obesity and diabetes are becoming more prevalent among consumers, which is expected to boost demand for nutritious snacks like fruit and vegetable chips. Additionally, obesity has been classified as a public health issue in the US. The World Health Organisation predicts that 32% of adults in the United States and 40% of adults worldwide would be obese. These demographic trends are motivating an increasing number of consumers to switch to healthier snack options and maintain a healthy weight. However, the high cost of Healthy Fruit and Vegetable Chips limits market growth over the course of the projection period (2022-2029).

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Global Healthy Fruit & Vegetables Chips Market size was valued at USD 13.80 billion in 2022 and is poised to grow from USD 14.28 billion in 2023 to USD 26.83 billion by 2031, at a CAGR of 8.2% during the forecast period (2024-2031).

Due to the existence of numerous international and local players, the market for healthy fruit and vegetable chips is fragmented. To grow their customer base and brand loyalty, these players are engaged in significant acquisition and promotional operations. Additionally, to improve customer experience and streamline their supply chain operations, these players are utilizing cutting-edge technologies like blockchain and artificial intelligence. 'PepsiCo (USA)', 'Calbee Inc. (Japan)', 'Sensible Portions (USA)', 'The Hain Celestial Group (USA)', 'Bare Snacks (USA)', 'Tyrrells Potato Crisps (UK)', 'General Mills (USA)', 'Popchips (USA)', 'Beanitos (USA)', 'Rhythm Superfoods (USA)', 'Jackson's Honest (USA)', 'PopCorners (USA)', 'Lundberg Family Farms (USA)', 'The Forager Foods (USA)', 'NutriWise (USA)', 'The Snack Artist (USA)', 'The Better Chip (USA)', 'Hapi Snacks (USA)', 'Enjoy Life Foods (USA)', 'Munch Rights (India)', 'Original Chips Company (Netherlands)', 'The Real Coconut (Mexico)'

With increasing awareness about the harmful effects of pesticides and genetically modified organisms (GMOs) on health and the environment, consumers are increasingly demanding organic and non-GMO products. Many healthy fruit and vegetable chip brands are made from organic and non-GMO produce, which is driving their popularity among health-conscious consumers.

With increasing competition in the market, manufacturers are expanding their product offerings by introducing new flavors, packaging formats and combinations of fruits and vegetables. This trend is helping to expand the market and create new growth opportunities.

A maximum 35.3% of global income was generated in 2022 by North America. Manufacturers have been concentrating on providing naturally flavored vegetable chips including tomato, cucumber, carrot, and others to attract health-conscious consumers as the demand for natural and organic convenience foods has been growing in the U.S. and Canada.

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Global Healthy Fruit & Vegetables Chips Market

Product ID: SQMIG30I2223

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