Global Potato Chips Market to Reach $33.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Potato Chips estimated at US$28.9 Billion in the year 2020, is projected to reach a revised size of US$33.3 Billion by 2027, growing at a CAGR of 2.1% over the period 2020-2027.
The U.S. Market is Estimated at $7.8 Billion, While China is Forecast to Grow at 4% CAGR
The Potato Chips market in the U.S. is estimated at US$7.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.5 Billion by the year 2027 trailing a CAGR of 4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.4% and 1.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.8% CAGR.We bring years of research experience to this 6th edition of our report. The 154-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,
- Burts Potato Chips Ltd.
- Calbee, Inc.
- Golden Flake Snack Foods
- Great Lakes Potato Chips Company
- Herr Foods, Inc.
- Intersnack Group GmbH & Co. KG
- Kettle Foods, Inc.
- Koike-Ya, Inc.
- Notions Group
- Old Dutch Foods, Inc.
- PepsiCo, Inc.
- The Lorenz Bahlsen Snack-World GmbH & Co KG Germany