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Global Fruit and vegetable chips Market to reach USD 74.59 billion by 2027.

Global Fruit and vegetable chips Market Size study, by Product Outlook (Vegetables, Fruits) by Distribution Channel (Online, Offline) and Regional Forecasts 2021-2027

Product Code: OIRFB-61438591
Publish Date: 17-10-2021
Page: 200

Global Fruit and vegetable chips Market is valued approximately USD 48 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.5 % over the forecast period 2021-2027. The demand for fruits and vegetable market is shifting towards convenient, functional, and flavored go to snacks. Moreover, fruit and vegetable are gaining immense popularity as they are delicious and healthier as compared to fried chips. Consumers across the globe are trying to switch to better for health products such as vegetable chips, and as they are ready to eat (RTE) products and helps to fill the hunger. According to IFT, in year 2020, new fruit chips lines extensions plummeted by 29% versus the prior three-year average in multi-outlet retailers. As there is change in taste and preferences, and consumers are willing to try different flavors of fruit and vegetable chips which is driving the growth. And there are several product manufacturers who are reviving the production of raw material, supply chain and launching a healthier version of these snacks which is rising the demand of consumers. However, frequent change in prices affects the growth of the market over the forecast period of 2021-2027. Also, the market has a lot to offer like product innovation, market segmentation which is likely to increase the market growth during the forecast period.

The regional analysis of global Fruit and vegetable chips market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the dominating region across the world in terms of market share owing to the demand for natural and organic convenient food products has been rising in the region. Whereas, Europe is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as the manufacturers are increasingly launching new and innovative flavors in the region which would create lucrative growth prospects for the Fruit and vegetable chips market across Asia-Pacific region.

Major market player included in this report are:
Calbee
OUR LITTLE REBELLION
PepsiCo
Snikiddy
Zweifel
AIB Foods
The Forager Foods
Hain Celestial
Nehf
Popchips
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Outlook:
Vegetables
• Potato
• Sweet Potato
• Beetroot
• Carrot
• Mix
• Others
Fruits
• Apple
• Banana
• Mango
• Mix
• Others
By Distribution Channel:
Online
Offline
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Fruit and vegetable chips Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Fruit and vegetable chips Market, by Region, 2019-2027 (USD Billion)
1.2.2. Fruit and vegetable chips Market, by Product Outlook, 2019-2027 (USD Billion)
1.2.3. Fruit and vegetable chips Market, by Distribution Channel, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Fruit and vegetable chips Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Fruit and vegetable chips Market Dynamics
3.1. Fruit and vegetable chips Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Change in taste and preference
3.1.2. Market Challenges
3.1.2.1. Change in price of raw material
3.1.3. Market Opportunities
3.1.3.1. Innovative product offering
Chapter 4. Global Fruit and vegetable chips Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Fruit and vegetable chips Market, by Product Outlook
5.1. Market Snapshot
5.2. Global Fruit and vegetable chips Market by Product Outlook, Performance – Potential Analysis
5.3. Global Fruit and vegetable chips Market Estimates & Forecasts by Product Outlook 2018-2027 (USD Billion)
5.4. Fruit and vegetable chips Market, Sub Segment Analysis
5.4.1. Vegetable
5.4.2. Fruit
Chapter 6. Global Fruit and vegetable chips Market, by Distribution Channel
6.1. Market Snapshot
6.2. Global Fruit and vegetable chips Market by Distribution Channel, Performance – Potential Analysis
6.3. Global Fruit and vegetable chips Market Estimates & Forecasts by Distribution Channel 2018-2027 (USD Billion)
6.4. Fruit and vegetable chips Market, Sub Segment Analysis
6.4.1. Online
6.4.2. Offline
Chapter 7. Global Fruit and vegetable chips Market, Regional Analysis
7.1. Fruit and vegetable chips Market, Regional Market Snapshot
7.2. North America Fruit and vegetable chips Market
7.2.1. U.S. Fruit and vegetable chips Market
7.2.1.1. Product Outlook breakdown estimates & forecasts, 2018-2027
7.2.1.2. Distribution Channel breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Fruit and vegetable chips Market
7.3. Europe Fruit and vegetable chips Market Snapshot
7.3.1. U.K. Fruit and vegetable chips Market
7.3.2. Germany Fruit and vegetable chips Market
7.3.3. France Fruit and vegetable chips Market
7.3.4. Spain Fruit and vegetable chips Market
7.3.5. Italy Fruit and vegetable chips Market
7.3.6. Rest of Europe Fruit and vegetable chips Market
7.4. Asia-Pacific Fruit and vegetable chips Market Snapshot
7.4.1. China Fruit and vegetable chips Market
7.4.2. India Fruit and vegetable chips Market
7.4.3. Japan Fruit and vegetable chips Market
7.4.4. Australia Fruit and vegetable chips Market
7.4.5. South Korea Fruit and vegetable chips Market
7.4.6. Rest of Asia Pacific Fruit and vegetable chips Market
7.5. Latin America Fruit and vegetable chips Market Snapshot
7.5.1. Brazil Fruit and vegetable chips Market
7.5.2. Mexico Fruit and vegetable chips Market
7.6. Rest of The World Fruit and vegetable chips Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Calbee
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. OUR LITTLE REBELLION
8.2.3. PepsiCo
8.2.4. Snikiddy
8.2.5. Zweifel
8.2.6. AIB Foods
8.2.7. The Forager Foods
8.2.8. Hain Celestial
8.2.9. Nehf
8.2.10. Popchips
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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