![U.S. potato chips market](https://res.cloudinary.com/devmoveo/image/upload/v1705926828/skyquest/report/phpweOxJY.jpg)
Report ID: SQMIC30I2386
Report ID:
SQMIC30I2386 |
Region:
Country |
Published Date: February, 2024
Pages:
157
|
Tables:
311 |
Figures:
84
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).
Potato chips are typical snack, side dish, or appetizer. Basic chips are salted and baked; other kinds are made with a variety of flavourings and substances, such as cheeses, herbs, spices, and other natural or artificial tastes. They are made using thin potato slices that have been seasoned and fried till crisp. The sugar in potatoes combines with the amino acids during frying to turn brown, giving potato chips their yellowish-brown hue. Additionally, potato chips are prepared and kept in a way that makes them immune to microbial deterioration, chemical reactions, and enzymatic activity. Additionally, they are marketed and packaged in airtight plastic bags, which helps to extend their shelf life.
Due to the introduction of new distribution channels like supermarkets and hypermarkets, the retail sector is continuously expanding. Consumer propensity for these distribution channels is increasing as a result of the availability of a large variety of items there. Supermarkets and wellness chains are expanding in emerging economies like China and India, which will probably fuel market expansion. Growing trends to replace meals with smaller, more nutrient-dense snacks and changing lifestyles that promote on-the-go eating are leading to increased use of potato chips in daily diets.
U.S. Potato Chips Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIC30I2386