Demand for ready-to-cook, ready-to-eat, frozen meals is growing due to the on-the-go consumption trend, as consumers are preferring the ease of convenience while consuming their meals. Convenience food is offering daily nutrition and calorie with the addition of time-saving opportunities to consumers. Rapid lifestyle has influenced time-constraint consumers to adopt convenience food rather than preparing meals at home. “High Demand for Time-Saving Convenience Food”
Thus, in order to lower cholesterol, consumers are opting for baked potato meals to munch or nibble. This combination of fiber along with vitamin content helps consumers in weight loss and weight management. The fiber in baked potato snacks supports digestion and the presence of vitamin B6 aids in breaking down carbohydrates and improves metabolism. Consumers are preferring baked potato food to meet their nutritional requirements. Additionally, baked potato products are a good source of protein and fiber.
Baked potato products comprise less fat and contain very low cholesterol. What are the Key Trends in the Market for Potato Snacks?īaked potato meals are gaining momentum in the food & beverage industry, owing to their highly nutritious properties. The global market for potato snacks is estimated to reach an approximate valuation of US$ 1, 25,043.7 Mn in the forecast period. China is the major market for potato snacks in the East Asian region. US holds a market share of more than 97.7%, and Canada more than 2.3% in the North American market. In both the regions demand is expected to grow owing to the fact that these regions have dominance over the snacks industry. The major demanding regions of potato snacks is North America followed by East Asia. The potato snacks also serve as a time saving convenience food product which are also available in the form of munchies, nibbles, and others which makes it an excellent alternative option related to other snacks items for consumers.
The major market driver for potato snacks is increasing snacking habit of the consumers along with various flavors of potato-based snacks. The market is expected to grow steadily with increasing applications of potato snacks. The global potato snacks market has witnessed significant growth in the historical period registering a CAGR of 3.9% in the historical period and was valued at US$ 92,310.9 Mn in 2023. In-depth report coverage is now just a few seconds away Get FREE Report Sample Potato Snacks Consumption Analysis (2018-2022) Vs.
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