/
Future Trends of the Potato Chips And Potato Based Snacks Market in the UAE Future Trends of the Potato Chips And Potato Based Snacks Market in the UAE

Future Trends of the Potato Chips And Potato Based Snacks Market in the UAE - PDF document

crunchyfoodfze
crunchyfoodfze . @crunchyfoodfze
Follow
68 views
Uploaded On 2023-10-06

Future Trends of the Potato Chips And Potato Based Snacks Market in the UAE - PPT Presentation

Potato chips are a popular snack loved by people of all ages Find details about the dynamics of this growing market and where it is headed ID: 1023142

Potato Chips

Share:

Link:

Embed:

Download Presentation from below link

Download Pdf The PPT/PDF document "Future Trends of the Potato Chips And Po..." is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.


Presentation Transcript

Future Trends of the Potato Chips And Potato Based Snacks Market in t he UAE The combination of a soft outer covering with a crunchy, savory inner layer snack has long been an undeniable favorite. Indeed, the saltiness, the spices, and the sauces are the proverbial icing on the cake that makes it s o addictive. From potato chip sandwiches to several other delectable savory snacks, this market is here to stay. The Global Potato Chips market is expect ed to grow at a significant rate between 2023 and 2030. In fact, there are specific regions that are leading in the potato chips market:  Middle East  Africa  North & South America  Asia - Pacific  Europe Is the UAE market for potato chips a force to reckon with? Let us understand the dynamics of this growing market and where it is headed. Understanding the growing market of potato chips in the UAE Potato chips are a popular snack loved by people of all a ges. The market`s expansion of potato chips and potato - based snacks in the UAE is driven by factors such as the region’s rising population, increasing popularity of convenience foods, and changing consumer preferences. Therefore, it is important to explore the driving factors and challenges of this rising market:  T he driving factors for the popularity of potato chips in the UAE among consumers include rapid urbanization, population growth, on - the - go snacking trends, a wide range of flavors, and West ern food influences.  The market during the pandemic had slowed down distribution due to disrupted supply chains. However, demand for non - perishable foods, including potato chips, was on the rise even more during those times. Eventually, the UAE recovered and stabilized the distribution of potato chips as opposed to the market during the pandemic.  Several companies are involved in the manufacture and distribution of a wide range of flavorful potato chip products. Future of the Potato Chips and potato - based snacks Market in the UAE The UAE market for potato chips in the UAE was USD 155 million in 2015. Since, the expected growth rate is forecasted to reach USD 98.14 million by 2025, decreasing at a CAGR of 3.78% per year between 2020 to 2024. However, this is an increase compared to the reduction of about - 5.81% per year between 2015 and 2019. Again, looking back at 2015, the average consumption per capita reached USD 17.13 in value terms. This further declined in the next five years by - 6.97 % per year. This continued decline is forecasted to slow down by 2025 in the medium term by - 5.08% per year. This trend is being witnessed in the snacks industry worldwide which means that consumers are switching to healthier alternatives in potato chips and potato - based snacks . They want higher - quality potato chips in the UAE and other countries that taste good and also ones that are cooked or fried through health - friendly methods. As this c an be achieved, consumers are willing to buy expensive branded potato chips and potato - based snacks to keep calories under control. Therefore, manufacturers are making healthier products by exploring the chances of baking and air - frying chips to reduce fat content while preserving the natural value of the ingredients.