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Potato Chip Production in the US - Industry Market Research Report

Publisher IBISWorld
Published May 10, 2024
Length 82 Pages
SKU # IBSS18859264

Description

Potato Chip Production in the US - Industry Market Research Report


Potato Chip Production in the US

The Potato Chip Production industry has faced hurdles from rising health consciousness, even as it has remained a staple of the American diet. The potato chip was invented in 1853 and has been America's number-one snack food for more than 50 years. The popularity of the product is often renewed annually in part due to major sporting events, such as the Super Bowl. While the COVID-19 pandemic derailed economic growth, it generated additional demand for potato chips as consumers spent more time at home, increasing snacking habits. Despite the turbulence of the pandemic, discretionary income levels have climbed, propelling growth in consumer spending. However, even as producers have diversified product lines in response to demand for healthy snack alternatives, consumer have cut back somewhat. As a result, industry revenue is expected to decline at a CAGR of 0.7% to $10.8 billion over the five years to 2023, including a contraction of 3.0% during the current year alone.

Operators in this industry strictly produce potato chips for snack consumption. This industry does not produce corn chips, tortilla chips and some other chip products.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

82 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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