The U.S potato chips market size
is expected to reach USD 11.31 billion by 2025, according to a new report by
Grand View Research, Inc., exhibiting a CAGR of 4.4% during the forecast
period. Rising number of flavors and surging demand for quick snacks are poised
to contribute to the market during the forecast period. Moreover, rising
disposable income and busy lifestyles of consumers are likely to fuel growth
prospects of the market in the U.S.
Plain/Salted emerged as the largest product
segment in the U.S potato chips market. The flavored segment is anticipated to
expand at a CAGR of 5.8% from 2017 to 2025. The flavored segment includes a
wide spectrum of chips including barbecue, sour cream & onion, salt &
vinegar, hot and spicy, and dill pickle.
The supermarket segment is estimated to
dominate the market due to fact that consumers usually purchase large quantity
of products during their shopping trips. In addition, consumers prefer to
purchase from shops with large variety to options.
Access Research Report of U.S Potato
Chips Market@ https://www.grandviewresearch.com/industry-analysis/us-potato-chips-market
Further
key findings from the report suggest:
· The flavored segment is projected to be the
most promising segment expanding at a CAGR of 5.8% during the forecast period.
· Supermarkets are poised to register a CAGR
of 4.3% from 2017 to 2025 owing to presence of a large number of supermarket
chains and changing retail landscape
· The convenience stores segment is likely to
witness a CAGR of 5.4% during the same period. The location is the major
influencing factor that drives the growth of this distribution channel
· Other distribution channels in the U.S are
service stations, drug stores, and online retail. This particular segment is
likely to witness a sluggish growth of 2.4% over the forecast period
· In February 2016, ConAgra Foods sold its
private label business to TreeHouse Foods, which helped the company to enhance
its private label dry and refrigerated grocery offerings.
Grand View Research has segmented the U.S
potato chips market on the basis of flavor and distribution channel.
U.S. Potato Chips Flavor Outlook (Revenue,
USD Million, 2014 - 2025)
·
Plain/Salted
·
Flavored
U.S. Potato Chips Distribution Channel
Outlook (Revenue, USD Million, 2014 - 2025)
·
Supermarket/Hypermarket
·
Independent Retailers
·
Convenience Stores
·
Others
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
