Global Plantain Chip Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Plantain Chip Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Plantain chips are a popular snack in Central American, Caribbean, and South American cultures. Depending on the country they come from, they may be called platanitos, mariquitas, chifles, platanutres, or something else entirely. Plantain chips are usually made from green plantains through a series of processes.

Market Overview:

The latest research study on the global Plantain Chip market finds that the global Plantain Chip market reached a value of USD 422.86 million in 2022. It’s expected that the market will achieve USD 556.01 million by 2028, exhibiting a CAGR of 4.67% during the forecast period.

Growing Consumer Demand for Snack Food

With the continuous development of the snack industry, people's demand for various snacks has also increased. Now there are a large number of companies in the global market that are constantly developing various snack foods and packaging to meet the needs of consumers. For consumers, leisure food has increasingly become an important source of comfort, emotional connection, and a sense of belonging for consumers, and will be further developed as the pace of consumption upgrades accelerates.

Snacks made with Plantain Chips are popular in some countries. For example, Nigeria and Africa have a high demand for Plantain chips. In addition, with the development of the economy, the popularity of Plantain Chip snacks is increasing, and more countries import this kind of snack. Hence, rising consumer demand for snack food is driving the Plantain Chip industry.

Plantain Chips offer health benefits as a snack

After experiencing the extreme fear and stress of the COVID-19 pandemic, which in turn fueled a period of snack indulgence, consumers are healthier than ever. Consumers pay attention to low-sugar and low-fat foods. Plantain Chips have certain health benefits as a snack. For example, Plantain Chips are rich in fiber, which helps promote digestive health by reducing constipation and improving bowel movements. Plantain Chips are low in sodium, making them a healthy alternative to other salty snacks. Plantain Chip is rich in vitamin A and vitamin C, which help prevent diseases. Plantain Chip contains antioxidants that help prevent cell damage caused by free radicals. Plantain Chips are a great source of energy and a great snack for those who need a quick energy boost. Plantain Chip has a low glycemic index and helps regulate blood sugar levels. Additionally, eating Plantain Chips is good for weight management, low in calories, and high in fiber, Plantain Chips are an excellent snack for those trying to manage their weight.

Therefore, the fact that plantain chips have certain health benefits as a snack is popular among consumers and this is driving the growth of the plantain chip industry.

Region Overview:

In 2022, the share of the Plantain Chip market in Latin America stood at 41.42%.

Company Overview:

Soldanza is one of the major players operating in the Plantain Chip market, holding a share of 3.69% in 2022.

Soldanza is a snack manufacturing business that produces various types of snacks including Banana Chips, Cassava Chips, and more. Soldanza Banana Chips are made from carefully selected bananas grown on family farms. They are thinly sliced, crispy, and delicious.

Arca Continental is a Mexican multinational company that manufactures, distributes and markets beverages under the Coca-Cola Company brand, as well as snacks under the Bokados brand in Mexico, Inalecsa in Ecuador and the Wise and Deep River brands in the United States.

Prime Planet is an all-natural snack brand that specializes in premium green plantain chips, also known as tostones. Carefully selected in Ecuador and harvested according to the highest quality standards and techniques, Prime Planet's plantains not only offer the tastiest flavor but are also a healthier snacking option that's certified vegan, gluten-free, and non-GMO, featuring all-natural ingredients and raw material.

Segmentation Overview:

By type, Unsweetened segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Offline sale, with a market share of 84.93% in 2022.

Key Companies in the global Plantain Chip market covered in Chapter 3:

Unibán
Soldanza
GOYA
Sankofa Snacks
Chifles Chips
TropicMax
Sunmo
Olu Olu
CHIKA'S
Ara Food Corporation
Grace Foods
Pacifico Snacks
Arca Continental
Prime Planet

In Chapter 4 and Chapter 14.2, on the basis of types, the Plantain Chip market from 2018 to 2029 is primarily split into:

Sweetened
Unsweetened

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Plantain Chip market from 2018 to 2029 covers:

Online Sale
Offline Sale

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)