What is the global market size of U.S. Potato Chips Market?

U.S. Potato Chips Market size was valued at USD 6.75 billion in 2021 and is poised to grow from USD 7.2 billion in 2022 to USD 11.63 billion by 2030, growing at a CAGR of 6.7% in the forecast period (2023-2030).

U.S. Potato Chips Market Size, Share, Growth Analysis, By Product type(Baked, fried, dried, others), By Type(Extruded, diced, sliced, others), By Source(Russet Potatoes, Yellow Potatoes, White Potatoes, Red Potatoes), By Flavour(Regular, flavoured), By Category(Conventional, organic), By Packaging Size(< 10 Oz, 10 -20 Oz, 20 – 30 Oz, > 30 Oz), By Price(Regular, Premium), By Packaging(Pouches, Bags, Cans, Cardboard Boxes), By Brand(Branded, private label), By End User(Retail/Household, Food Service Sector), By Distribution Channel(Supermarket/Hypermarket Independent Retailers, Convenience Stores, Others), By Region - Industry Forecast 2024-2031

Report ID: SQMIC30I2386 | Region: Country | Published Date: February, 2024
Pages: 157 | Tables: 311 | Figures: 84

U.S. Potato Chips Market News

In September 2022, Food and beverage corporation PepsiCo, based in the United States, announced that it will spend $100 million (102.5 million euros) in its Popesti-Leordeni snack facility. The investment will double the plant's manufacturing capacity when it is finished in 2024.
In September 2022, Michigan based Great Lakes Potato Chip Co has decided to launch its own kettle chips. The potato skin-retaining kettle chip is now produced by Great Lakes Potato Chip Co. in nine distinct varieties. The firm can make 70,000 pounds of potatoes every day into around 300,000 1.375-ounce packets of potato chips.

U.S. Potato Chips Market Report Snapshots

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U.S. Potato Chips Market size was valued at USD 6.75 billion in 2022 and is poised to grow from USD 7.2 billion in 2023 to USD 11.63 billion by 2031, growing at a CAGR of 6.7% in the forecast period (2024-2031).

The existence of both established and regional firms defines the U.S. potato chips market. There is a presence of many multinational as well as local players. These industry players are encouraging the development of taste, product, and health benefit clusters. Product clutter in the market is expected to increase as a result of shifting consumer preferences and lifestyles, as well as industry efforts to create goods that meet customers' needs. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Lay's', 'Pringles', 'Ruffles', 'Kettle Brand', 'Herr Foods Inc.', 'Cape Cod', 'Utz', 'Wise', 'Boulder Canyon', 'Popchips', 'Tostitos', 'Doritos', 'Fritos', 'Cheetos', 'SunChips', 'Stacy's Pita Chips', 'Terra Chips', 'Zapp's', 'Popcorners', 'Beanitos'

The market for potato chips is currently being driven by an increase in demand for ready-to-eat, convenient snack options like potato chips due to people's busy lives. Additionally, a number of local producers provide consumers a variety of tastes, flavours, and textures in the form of chips. Additionally, they are investing a lot of money in R&D to expand their product line and bring to market more things.

U.S. potato chips market is quite appealing, thus there are many options that may be taken advantage of. Improving the quality of potato chips by improving the current production method is one of the primary potential. Additionally, there is a chance to advertise brand-new tastes that haven't before been available.

U.S is one of the biggest market for potato chips which can be attributed to the shifting consumer preferences and lifestyles and varying tastes and requirements and manufacturer efforts to fulfil these needs. Moreover, rising demand for convenient and ready-to-eat food in this region is also driving the market. Another significant factor projected to support the regional market expansion is the presence of major industry players across the region.

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U.S. Potato Chips Market News

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