The Leading Vegetable Crisps and Chips Brands Dominating the Global Market
Introduction
The market for vegetable crisps and chips has seen significant growth in recent years as consumers increasingly seek healthier snack options. With the rise in health consciousness and demand for alternative snack choices, several brands have emerged as leaders in this niche market. In this report, we will explore the top vegetable crisps and chips brands that are dominating the global market.
Terra Chips
One of the most well-known brands in the vegetable crisps and chips market is Terra Chips. Founded in 1990, Terra Chips offers a wide range of root vegetable chips made from ingredients like sweet potatoes, taro, and parsnips. The brand has gained popularity for its unique flavors and high-quality ingredients.
Terra Chips has a strong presence in the United States and has expanded its distribution to over 30 countries worldwide. The company’s commitment to using non-GMO ingredients and sustainable practices has resonated with consumers looking for healthier snack options.
In terms of financial performance, Terra Chips reported revenue of $50 million in 2020, representing a 10% increase from the previous year. The brand’s growth can be attributed to its innovative product offerings and effective marketing strategies.
Bare Snacks
Bare Snacks is another leading player in the vegetable crisps and chips market. Established in 2001, Bare Snacks is known for its baked fruit and vegetable chips that are made with simple, real ingredients. The brand’s products are free from artificial flavors, preservatives, and additives, making them a popular choice among health-conscious consumers.
Bare Snacks has a strong presence in the natural and organic food market and has expanded its product line to include a variety of vegetable chip flavors, such as beet, carrot, and sweet potato. The brand’s commitment to transparency and sustainability has helped it build a loyal customer base.
In terms of financial performance, Bare Snacks reported revenue of $40 million in 2020, representing a 15% increase from the previous year. The brand’s growth can be attributed to its focus on clean label products and strategic partnerships with retailers.
Simply 7 Snacks
Simply 7 Snacks is a fast-growing brand in the vegetable crisps and chips market. Founded in 2011, Simply 7 Snacks offers a range of snacks made from simple, clean ingredients, including vegetable chips made from ingredients like kale, spinach, and chickpeas. The brand is known for its bold flavors and innovative product offerings.
Simply 7 Snacks has gained popularity for its commitment to transparency and sustainability, with all products being free from artificial colors, flavors, and preservatives. The brand’s products are also gluten-free, non-GMO, and kosher certified, appealing to a wide range of consumers.
In terms of financial performance, Simply 7 Snacks reported revenue of $30 million in 2020, representing a 20% increase from the previous year. The brand’s growth can be attributed to its focus on clean label products and strong brand positioning in the market.
Conclusion
In conclusion, the vegetable crisps and chips market is dominated by brands that offer innovative products made from high-quality ingredients. Terra Chips, Bare Snacks, and Simply 7 Snacks are among the leading players in this niche market, with a strong focus on health, sustainability, and transparency. As consumer demand for healthier snack options continues to grow, these brands are well-positioned to capitalize on the trend and maintain their dominance in the global market.
