Europe Chips & Crisps Market Research Report Forecast to 2030

Europe Chips & Crisps Market Research Report Forecast to 2030

The Europe chips & crisps market is projected to register significant growth, exhibiting a CAGR of 4.23% and is expected to be valued at USD 84.29 Billion by the end of the forecast period.

The increased demand for potato snacks is driving the rise of the European chips & crisps sector. The fact that more than 90% of potatoes used for processing in Europe are grown in its northern area, which is also a significant production site for potato processing, producing fries and chips, crisps, and a range of other potato specialties, is a primary motivator for this. Increased cross-border traffic between EU nations is a critical feature of Europe's primary potato-producing area, ensuring that potato processing facilities are supplied as efficiently as possible. Moreover, changing lifestyles, the availability of convenience meals, and the development of nutritional habits have all had a favorable impact on the region's snack demand. The desire for value-added products such as gluten-free and non-GMO contributes to the growth of snack sales.

E-commerce expansion along with technological advances, is likely to generate opportunities for both existing and new participants in this industry. Advances in Pulse Electric Field (PEF) technology bring both cost savings and increased sustainability in the fry and chip sectors. Using this innovative technology by snack manufacturers has resulted in notable gains in sustainable measures such as less use of water, electricity, and frying oil, resulting in cost reductions.

Nevertheless, health concerns about snacking and strict food industry regulations are projected to restrict market expansion over the assessment period. Changing consumer attitudes towards health and wellness eating is a concern for industry stakeholders.

Market Segmentation
According to MRFR analysis, the Europe chips & crisps market has been segmented on the basis of type, form, mode of preparation, flavor, nature, end user, distribution channel, and countries.

By type, the market is segmented into potato chips, tortilla chips, multigrain chips, vegetable chips (excluding potato), meat chips/snacks, and others. Based on form, the market is bifurcated into sliced and compound. Based on the mode of preparation, the market is categorized into fried, baked, and dehydrated.

Various flavors of chips & crisps available in the market include classic salty, barbecue, cheese, salt and pepper, cheese and onion, jalapeno, and others. By nature, the market is bifurcated into organic and conventional. The end users for chips & crisps include residential and commercial. Based on distribution channel, the market is segmented into supermarkets & hypermarkets, specialty stores, online, and others. Various countries studied in this report include Germany, UK, France, Spain, Italy, and the Rest of Europe.

Major Players
The players in the Europe chips & crisps market include Tyson Foods Inc., Nestlé S.A., Hormel Foods Corporation, PepsiCo, Inc, Calbee, Herr Foods Inc., Intersnack Group GmbH & Co. KG, Europe Snacks, Agrarfrost GmbH & Co. KG, and AMICA CHIPS S.p.A.

Companies Mentioned
Tyson Foods Inc.
Nestlé S.A.
Hormel Foods Corporation
PepsiCo
Inc
Calbee
Herr Foods Inc.
Intersnack Group GmbH & Co. KG
Europe Snacks
Agrarfrost GmbH & Co. KG
and AMICA CHIPS S.p.A.

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