Global Non-Potato Veggie Chips Market Expectations & Growth Trends Highlighted until 2028

Published: Thu Nov 15 2018

Non-potato veggie chips market is likely to witness the trend of innovative product offerings across the globe. Manufacturers in non-potato veggie chips market are anticipated to gain significant opportunities with growing demand for non-GMO and functional ingredients. Rising cases of gluten allergy along with related diseases is expected to stimulate the demand and supply for non-potato veggie chips. Shifting consumer taste preferences is anticipated to influence the key players and manufacturers in Non-Potato Veggie Chips Market to introduce new flavors, thereby paving ways for expansion of customer-base. However, fluctuating prices of vegetables, and increasing cost of raw materials is expected to hamper the growth of non-potato veggie chips market.
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Rapidly increasing demand for non-potato veggie chips with a spell of plant and root veg products in the shelves is anticipated to push the growth of non-potato veggie chips market. Key players and manufacturers in non-potato veggie chips market are taking immense efforts in developing provisions for customers for customization and choice of flavors. Manufacturers in non-potato veggie chips market are focusing on developing non-potato veggie chips with potential health properties as they play an important role in appealing the customer base. Prominent companies in non-potato veggie chips market manufacturing cassava chips are planning to increase the production of products such as seaweed that hold potential low-fat qualities, minerals and vitamins.
Non-Potato Veggie chips are crunchy snacks prepared by either frying, baking or dehydration. Among various categories of vegetables, root vegetables and leafy vegetables are popular. Carrot, cassava, Jerusalem artichoke, and zucchini form major segments under root vegetables, and kale and spinach famous among leafy vegetables for veggie chips preparation. The chips are generally flavored with spices such as pepper, cajun spice, allspice, basil, chipotle powder, paprika, dried chives and other flavoring ingredients. Commercially produced chips often contain preservatives. The inclusion of various nutrition-rich vegetables and advancements in processing technology is supporting the market growth of Non-Potato Veggie chips. These snacks are mainly consumed as snack foods either directly or along with accompaniments such as dips and sauces or cheese. Non-Potato Veggie chips are projected to sustain an exceptional demand over the forecast period 2018 to 2028.
The critical success factors influencing the growth of Non-Potato Veggie Chips market is backed by rising awareness among consumer groups regarding healthy foods and improved distribution mainly through e-commerce. In the last few years, the rise in concerns related to obesity specifically in the western region including North America and Europe has boosted demand for non-potato veggie chips. Along with the increase in obesity, there has been an increase in other health disorders including cardiovascular diseases and diabetes. The higher tendency for carbohydrate fast foods especially in the young age groups has resulted in an increase in obesity among these age groups. Increase in awareness over social media and health experts, nutritionist suggestions of inclusion of small meals comprising of healthy snacks including veggies snacks has encouraged consumers to buy more non-potato veggie chips. 
Higher dependence on fast foods which are carbohydrate and fats rich with lower nutrition is encouraging consumers to rely on snacks which are healthier. Advancements in vegetable processing and, dehydration along with innovations in the packaging of snack foods is also supporting the Non-Potato Veggie Chips market. Increase in the consumption of chips as snacks in cinema halls, amusement parks, malls, fast-food chains, and restaurants, and also events have boosted non-potato veggie chip sales. Higher availability and low priced snacks have raised non-potato veggie chips consumption globally to a greater extent.
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Innovations in packaging include features like eye-catching, retains the freshness of snack foods, informative, convenience, and biodegradable/ environmentally friendly. Augmentation in technology has introduced newer forms of chips which is gaining attention among young age groups and is leading to positive growth in the market. A specific feature of non-potato veggie chips of low calories and enhanced nutrition with higher health benefits is driving traction among producers to launch newer and healthy products.
Global Non-Potato Veggie Chips: Key Players
Some of the key players operating in the global Non-Potato Veggie Chips are Calbee, Beanitos, Terra, Food Should Taste Good, JicaChips, Scrubbys, Yum Yum, Trafo, Sensible Portions and Uprooted.
Opportunities for Market Participants
North- America holds the lion's share in the Non-Potato Veggie Chips Market regarding volume and market value. However, other regions like Asia-Pacific are emerging as newer destinations for Non-Potato Veggie Chips with higher availability if vegetable production and consumption. Increase in income levels along with changing consumption patterns will drive higher market growth in the Asia-Pacific region for non-potato veggie chips. The market concentration varies with the raw material used for the non-potato veggie chips production.
Growing preferences and availability of various forms of cassava chips in African and Asia regions are supporting cassava chips market. Carrot chips are setting a new trend in North America. Mass production of a variety of non-potato veggie chips is carried in the U.S. with significant distribution channel being supermarkets.
Brief Approach to Research
A modelling-based approach is followed and triangulation methodology to estimate data covered in Non-Potato Veggie Chips report. A detailed market understanding and assessment of the product type, flavor and end-uses of the product segments included in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
• Market Dynamics
• Market Size
• Market Segments
• Demand & Supply Trends
• Current Issues and Challenges
• Companies and Competitor Landscape
• Value Chain
• Technology
Regional Segments Analyzed Include
• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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