Global Healthy Fruit And Vegetable Chips Market - 2023-2030
Global Healthy Fruit And Vegetable Chips Market reached US$ 11.9 billion in 2022 and is expected to reach US$ 21.8 billion by 2030 growing with a CAGR of 7.9% during the forecast period 2023-2030.
Increase in the consumers demand for healthy snacks helps to boost demand of the healthy fruit chips and healthy vegetable chips. Baked fruit chips and baked vegetable chips are healthier alternative to fried snacks or traditional potato chips. Air-dried fruit chips and air-dried fruit chips are flavorful and nutritious snacks made by removing moisture from fresh fruits at room temperature.
Dehydrated vegetable chips and dehydrated fruit chips are made by removing moisture from fruits and vegetables at low temperature by using a food dehydrator or an oven. This method helps to boost shelf life of the product. Healthy fruit and vegetable chips are are considered as nutrient-rich chips due to the presence of various nutrients. Natural snacks such as healthy fruit and vegetable chips, offer nutritious way to satisfy snack cravings while providing essential vitamins and minerals.
Market DynamicsRise in Snacking Culture Worldwide Drives Market Growth of Healthy Fruit and Vegetable Chips MarketMany factors contribute to the growing snack food culture and its impact on the demand for these healthy foods such as convenience and portability, busy lifestyle, health consciousness, social media influence and increasing spending. Busy work schedules, and long working hours make consistent eating challenging for many individuals. As a result, they turn towards the healthy snacks to keep them energized and satisfied throughout the day.
Healthy fruits and vegetables are a healthy alternative to traditional meals, fulfilling the demand for convenient and nutritious products. As more people become health conscious, they are looking for snacks that match their dietary preferences and nutritional goals. Healthy fruits and vegetables are considered a good alternative to traditional foods that tend to be high in salt, sugar and unhealthy fats. These healthy fruits and vegetables offers a guilt-free alternative for vitamins, fibers and antioxidants.
Increase in the Innovative Product Launches by Major Key Players Helps to Boost Market GrowthKey players in the healthy fruit and vegetable chips market are constantly investing in research and development to understand and fulfill consumer preferences. By introducing new flavours, combinations and packaging options, they can appeal to a wider customer base and customers with different taste preferences. New product launches tend to carry products applications that meet specific dietary needs, such as gluten-free, vegan or allergen-free healthy fruits and vegetables snacks. The health and wellness trend has driven consumer interest in clean labels made with natural ingredients that are rich in nutrients.
By offering unique flavors, ingredients, or manufacturing processes, major players can stand out and capture the attention of consumers who are looking for something new and exciting snacks options. Major key players launched new products in the market. For instance, on September, 14, 2021, Mark's Mindful Munchies, a ffod company launched its innovative Pop Bitties Air Popped grain chips in the market. Pop bitties sweet potato chips are crunchy, and has rich taste of sweet potatoes.
Regulatory Environment Associated with Healthy Fruit and Vegetable Chips Hampers the Market GrowthMany countries have regulatory requirements for labeling and nutritional standards for food products, including healthy fruit and vegetable chips. These requirements can impact the development and marketing of products. The regulatory environment can impact the growth of the healthy fruit and vegetable chips market by limiting marketing strategies and impacting product development.
Health claims used on food packaging must comply with specific guidelines issued by regulatory bodies. Meeting stringent food safety standards can require regular inspections, testing and quality improvements, which can increase operating costs for manufacturers. For companies operating in international markets, navigating import and export regulations can be complex and time-consuming. Compliance with laws and regulations of different countries creates barriers to market entry and expansion.
COVID-19 Impact In the early stages of the pandemic, there was a shift in consumer behavior towards healthy eating and a focus on immune system. As people became more health conscious, demanding healthy snacks options, including healthy fruit and vegetables chips. Consumers demanded products that offered nutritional value and convenience, contributing to the growth of the healthy snacks market including healthy fruit and vegetables chips.
Also, when restrictions were imposed in many areas role, online and households sales of healthy fruit and vegetables chips increased.
Healthier options such as dried fruits and vegetables, which are portable and shelf-stable, were popular with consumers who are looking for healthy and convenient snacks this season but it should be noted that the pandemic also posed challenges for the healthy food industry. Supply disruptions, transportation issues and labor shortages have affected production and distribution, resulting in periodic shortages and volatile prices of healthy fruit and vegetables chips hampers market growth.
Segment AnalysisThe global healthy fruit and vegetable chips market is segmented based on fruit, vegetable, distribution channel, and region.
Increase in the Consumers Demand for the Healthy Banana Chips Drives the Segment GrowthThe global healthy fruit and vegetable chips market by fruit has been segmented by apple, banana, mango, pineapple, coconut and others.
Banana chips generally contains 4% water, 58% carbohydrate, 34% fat, and 2% protein. In 100 grams of banan chips generally contains 520 calories, and they are rich source of magnesium, vitamin B6, iron, copper and potassium. Increase in the product launches by major key players helps to boost market growth over the forecast period. Some of the major key players producing banana chips are Gold Chips, EL Coco, BG Fruits and Nuts Manufacturing Corporation, Prime Fruits International, Four Seasons Fruits Corporation, LTA Foods Manufacturing and KF Nutri Foods International among others.
As consumers become more health conscious, they are looking for healthy food options. Bananas are often considered a healthy alternative to potatoes because it is rich in vitamins, minerals and essential fiber. Real bananas are sliced and then baked or roasted and it is. Banana chips are free from preservatives or artificial ingredients, making them a natural and healthy snacks choice. Increase in the consumers demand for the healthy snacks options helps to boost demand of the banana chips.
Geographical AnalysisNorth America Region Held the Largest Share in Healthy Fruit And Vegetable Chips Market.
The healthy fruit and vegetable chips market analysis shows that the presence of numerous local and global snack food brands adds to the competitive landscape in the North America fueling the growth of the healthy fruit and vegetable chips market in North America. With an extensive distribution network and increasing consumer awareness of healthier snack options, the region's healthy fruit and vegetable chips market continues to thrive and maintain its dominant position in the industry.
Major key players in the region launched new products in the market. For instance, on September, 07, 2022, Mozaics real veggie chips launched across the United States. These new launched chips are are added to the Sprouts stores include Sea Salt, Salsa, and BBQ. The new launched products are available in the 3.5 oz bags. It is available in the two flavors such as real veggie chips, popped chips with real veggies.
Competitive LandscapeThe major global players include Luke's Organic, Rhythm Foods, GoPure, Rare Fare Foods, LLC, Walmart (Great Value), Lantev, Plant Snacks, Rivera Foods, SENECA FOODS CORP. and SPARE SNACKS LIMITED.
Why Purchase the Report?• To visualize the global healthy fruit and vegetable chips market segmentation based on fruit, vegetable, distribution channel and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of healthy fruit and vegetable chips market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.
The global healthy fruit and vegetable chips market report would provide approximately 61 tables, 64 figures and 122 Pages.
Target Audience 2023• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies