Cassava Chips Market Growth Drivers and Opportunities by 2031
The Cassava Chips Market is expected to register a CAGR of 4.2% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The Cassava Chips market research report is segmented by category into the following subsegments: Organic and Conventional. The report further provides an analysis based on distribution channel, i.e., Supermarkets and Hypermarkets, Convenience Stores, and Online Retail. The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the ReportThe report Cassava Chips Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Cassava Chips Market Segmentation
Category- Organic
- Conventional
- Supermarkets and hypermarkets
- Convenience stores
- Online retail
Strategic Insights
Cassava Chips Market Growth Drivers- Gluten-Free and Vegan Snack Demand: The rise in demand for gluten-free and vegan snack options aligns well with cassava's naturally gluten-free and versatile nature, boosting the cassava chips market.
- Health-Conscious Consumers: Increasingly health-conscious consumers seeking nutrient-rich snack alternatives are driving the popularity of cassava chips.
- Improved Processing Technology: Advances in cassava-chip processing have made them tastier, crunchier, and longer-lasting, further boosting the market.
- Advances in Food Processing and Packaging: Improvements in food processing and packaging technologies positively impact cassava chip quality, shelf life, and taste.
- Flavored and Functional Variants: Manufacturers are focusing on creating a variety of cassava chip types, including flavored and functional options to meet diverse consumer preferences.
- Market Growth and Innovation: The cassava chip market is expansive with significant opportunities for growth and innovation, driven by sustainability trends and consumer demand.
- Diverse Flavor Varieties and Functional Options: Manufacturers are capitalizing on the growing trend by launching various flavors and functional cassava chips to cater to consumer preferences.
- Plant-Based Diets and Flexitarianism: The recognition of plant-based diets and flexitarianism creates new opportunities for cassava-based products to target health-conscious and environmentally aware consumers.
- International Market Growth: By overcoming challenges in processing and distribution, the cassava chips market can expand internationally and capture a larger share of the global snack food market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Cassava Chips Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Cassava Chips Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The leading players of the market are: PotatoPro, Kraft Foods, Kellogs, Diamond, General Mills, Nestle, CAMPBELL SOUP COMPANY, Burts Potato Chips Ltd, Herr Foods, Intersnack Group GmbH and Co. KG
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The future for the cassava chips market is bright, and drivers are trends in consumer demand for sustainable and ethically sourced products, rise of plant-based diets, flexitarianism, and advances in food processing and packaging. These factors drive innovation and product diversification, increasing new flavors, functional benefits, and convenient formats. In addition, a growing emphasis on health and wellness is expected to further spur demand for nutritious and natural snack options, such as cassava chips.
Cassava Chips Market is expected to grow at a CAGR of 4.2% between 2023-2031
The cassava chips market is fueled by a combination of factors. First and foremost, the increasing need for gluten-free and vegan snack options on the global level matches well with the attributes of cassava: a naturally gluten-free and versatile root vegetable. Second, health awareness on the part of the consumer is continuously boosting the demand for nutritionally effective and convenient snack alternatives. Third, processing technologies continue to improve the taste, texture, and shelf life of cassava chips. Other factors driving growth in the cassava chips market are increasing demand for plant-based diets and the growth of snacking, especially among the younger population.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Cassava Chips Market - By Category
1.3.2 Cassava Chips Market - By Distribution Channel
1.3.3 Cassava Chips Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CASSAVA CHIPS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CASSAVA CHIPS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CASSAVA CHIPS MARKET - GLOBAL MARKET ANALYSIS
6.1. CASSAVA CHIPS - GLOBAL MARKET OVERVIEW
6.2. CASSAVA CHIPS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. CASSAVA CHIPS MARKET - REVENUE AND FORECASTS TO 2028 - CATEGORY
7.1. OVERVIEW
7.2. CATEGORY MARKET FORECASTS AND ANALYSIS
7.3. ORGANIC
7.3.1. Overview
7.3.2. Organic Market Forecast and Analysis
7.4. CONVENTIONAL
7.4.1. Overview
7.4.2. Conventional Market Forecast and Analysis
8. CASSAVA CHIPS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets and hypermarkets Market Forecast and Analysis
8.4. CONVENIENCE STORES
8.4.1. Overview
8.4.2. Convenience stores Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. CASSAVA CHIPS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Cassava Chips Market Overview
9.1.2 North America Cassava Chips Market Forecasts and Analysis
9.1.3 North America Cassava Chips Market Forecasts and Analysis - By Category
9.1.4 North America Cassava Chips Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Cassava Chips Market Forecasts and Analysis - By Countries
9.1.5.1 United States Cassava Chips Market
9.1.5.1.1 United States Cassava Chips Market by Category
9.1.5.1.2 United States Cassava Chips Market by Distribution Channel
9.1.5.2 Canada Cassava Chips Market
9.1.5.2.1 Canada Cassava Chips Market by Category
9.1.5.2.2 Canada Cassava Chips Market by Distribution Channel
9.1.5.3 Mexico Cassava Chips Market
9.1.5.3.1 Mexico Cassava Chips Market by Category
9.1.5.3.2 Mexico Cassava Chips Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Cassava Chips Market Overview
9.2.2 Europe Cassava Chips Market Forecasts and Analysis
9.2.3 Europe Cassava Chips Market Forecasts and Analysis - By Category
9.2.4 Europe Cassava Chips Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Cassava Chips Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Cassava Chips Market
9.2.5.1.1 Germany Cassava Chips Market by Category
9.2.5.1.2 Germany Cassava Chips Market by Distribution Channel
9.2.5.2 France Cassava Chips Market
9.2.5.2.1 France Cassava Chips Market by Category
9.2.5.2.2 France Cassava Chips Market by Distribution Channel
9.2.5.3 Italy Cassava Chips Market
9.2.5.3.1 Italy Cassava Chips Market by Category
9.2.5.3.2 Italy Cassava Chips Market by Distribution Channel
9.2.5.4 United Kingdom Cassava Chips Market
9.2.5.4.1 United Kingdom Cassava Chips Market by Category
9.2.5.4.2 United Kingdom Cassava Chips Market by Distribution Channel
9.2.5.5 Russia Cassava Chips Market
9.2.5.5.1 Russia Cassava Chips Market by Category
9.2.5.5.2 Russia Cassava Chips Market by Distribution Channel
9.2.5.6 Rest of Europe Cassava Chips Market
9.2.5.6.1 Rest of Europe Cassava Chips Market by Category
9.2.5.6.2 Rest of Europe Cassava Chips Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Cassava Chips Market Overview
9.3.2 Asia-Pacific Cassava Chips Market Forecasts and Analysis
9.3.3 Asia-Pacific Cassava Chips Market Forecasts and Analysis - By Category
9.3.4 Asia-Pacific Cassava Chips Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Cassava Chips Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Cassava Chips Market
9.3.5.1.1 Australia Cassava Chips Market by Category
9.3.5.1.2 Australia Cassava Chips Market by Distribution Channel
9.3.5.2 China Cassava Chips Market
9.3.5.2.1 China Cassava Chips Market by Category
9.3.5.2.2 China Cassava Chips Market by Distribution Channel
9.3.5.3 India Cassava Chips Market
9.3.5.3.1 India Cassava Chips Market by Category
9.3.5.3.2 India Cassava Chips Market by Distribution Channel
9.3.5.4 Japan Cassava Chips Market
9.3.5.4.1 Japan Cassava Chips Market by Category
9.3.5.4.2 Japan Cassava Chips Market by Distribution Channel
9.3.5.5 South Korea Cassava Chips Market
9.3.5.5.1 South Korea Cassava Chips Market by Category
9.3.5.5.2 South Korea Cassava Chips Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Cassava Chips Market
9.3.5.6.1 Rest of Asia-Pacific Cassava Chips Market by Category
9.3.5.6.2 Rest of Asia-Pacific Cassava Chips Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Cassava Chips Market Overview
9.4.2 Middle East and Africa Cassava Chips Market Forecasts and Analysis
9.4.3 Middle East and Africa Cassava Chips Market Forecasts and Analysis - By Category
9.4.4 Middle East and Africa Cassava Chips Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Cassava Chips Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Cassava Chips Market
9.4.5.1.1 South Africa Cassava Chips Market by Category
9.4.5.1.2 South Africa Cassava Chips Market by Distribution Channel
9.4.5.2 Saudi Arabia Cassava Chips Market
9.4.5.2.1 Saudi Arabia Cassava Chips Market by Category
9.4.5.2.2 Saudi Arabia Cassava Chips Market by Distribution Channel
9.4.5.3 U.A.E Cassava Chips Market
9.4.5.3.1 U.A.E Cassava Chips Market by Category
9.4.5.3.2 U.A.E Cassava Chips Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Cassava Chips Market
9.4.5.4.1 Rest of Middle East and Africa Cassava Chips Market by Category
9.4.5.4.2 Rest of Middle East and Africa Cassava Chips Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Cassava Chips Market Overview
9.5.2 South and Central America Cassava Chips Market Forecasts and Analysis
9.5.3 South and Central America Cassava Chips Market Forecasts and Analysis - By Category
9.5.4 South and Central America Cassava Chips Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Cassava Chips Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Cassava Chips Market
9.5.5.1.1 Brazil Cassava Chips Market by Category
9.5.5.1.2 Brazil Cassava Chips Market by Distribution Channel
9.5.5.2 Argentina Cassava Chips Market
9.5.5.2.1 Argentina Cassava Chips Market by Category
9.5.5.2.2 Argentina Cassava Chips Market by Distribution Channel
9.5.5.3 Rest of South and Central America Cassava Chips Market
9.5.5.3.1 Rest of South and Central America Cassava Chips Market by Category
9.5.5.3.2 Rest of South and Central America Cassava Chips Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CASSAVA CHIPS MARKET, KEY COMPANY PROFILES
11.1. POTATOPRO
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. KRAFT FOODS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. KELLOGS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DIAMOND
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GENERAL MILLS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. NESTLE
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. CAMPBELL SOUP COMPANY
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. BURTS POTATO CHIPS LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. HERR FOODS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. INTERSNACK GROUP GMBH AND CO. KG
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. PotatoPro
2. Kraft Foods
3. Kellogs
4. Diamond
5. General Mills
6. Nestle
7. CAMPBELL SOUP COMPANY
8. Burts Potato Chips Ltd
9. Herr Foods
10. Intersnack Group GmbH and Co. KG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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