Veggie Chips Market Scope
Veggie chips contain 10 percent of a daily dose of vitamin C, but some varieties of veggie chips (like sweet potato) also contain 50 percent of your recommended amount of vitamin A. Veggie chips provide 1 gram of fiber, which is 4% of the daily value, and 1 gram of protein.
The Veggie Chips market study is segmented by Type (Sweet Potato, Plantain, Beets, Green Bean, Radish and Others) and major geographies with country level break-up.
The Veggie Chips market is niche and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Baboon Bite (Thailand), Gold Chips (Philippines), BG Fruits and Nuts Corp (Philippines), Four Seasons Fruits Corporation (Philippines), Traina Foods (United States), Finelineasia Group of Companies Inc. (Philippines), KF Nutri Foods International Inc., (Philippines), Greenville Agro Corporation (GAC) (Philippines) and LTA Foods Manufacturing (Philippines) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Prime Fruits International Inc. (Philippines), EL Coco (GSL Premium Food Export Corporation) (Philippines), Super Golden Foods (India) and Ok Chips (Brand Of G. K Traders) (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Veggie Chips market by Type, Application and Region.
On the basis of geography, the market of Veggie Chips has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In 2020, Sunrise announced the launch of new product lines and business acquisitions to broaden its portfolio and add extra value to its range. SunRise is broadening its rice snack portfolio and overseas distribution channels for rice chips, mini bites, and rice cakes.
According to FDA regulations, “Calorie content claims. The terms "calorie-free," "free of calories," "no calories," "zero calories," "without calories," "trivial source of calories," "negligible source of calories," or "dietarily insignificant source of calories" may be used on the label or in the labeling of foods, provided that: The food contains less than 5 calories per reference amount customarily consumed and per labeled serving.”
Market Trend
- The popularity of Veggie Chips over the Globe
Market Drivers
- Increasing Popularity of Veggie Chips as It Contains Low Fat and Calories Compared to Other Chips
- High Consumption of Veggie Chips with the Meals and As Snacks in the Asian Countries like India and China
Opportunities
- Surging Demand for Healthy Alternatives of High-Fat Snacks or Food Products Due to Increasing Health-Conscious Population
Restraints
- Allergic Reactions in Some People and Different Taste Preference May Restraint the Market
Challenges
- Less Promotional Activities by the Key Manufacturers and Availability of Less Varieties of Veggie Chips in the Rural Areas
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Veggie Chips Manufacturers, Suppliers and Distributors of Veggie Chips, Snacks and Packaged Food Manufacturers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others