Global demand for Protein crisps is estimated to reach USD 3 billion by the end of 2023, growing at an 8% CAGR over the forecast period (2023 to 2033). The Protein Crisps market is somewhat specialized, but it is expanding rapidly, driven by demand for natural and clean-label snacking options, as well as rising consumer awareness of the possible health hazards associated with eating unhealthy snacks. As a result, an increasing number of people are preferring products that have no artificial ingredients and are available in a variety of flavors and packaging alternatives. They’re popular among health-conscious people, athletes, and bodybuilders.
In an upcoming market research study, Future Market Insights (FMI) lays bare undercurrents and opportunities prevailing in the global Protein Crisps market. The report provides in-depth insights into the Protein Crisps market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in the Protein Crisps market report will help existing and potential new market players to craft long-term strategies as well as maintain business continuity during a crisis.
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COVID-19 Impact Analysis
As with many industries, the recent outbreak of the COVID-19 has adversely affected the global automotive & transportation industry. The Protein Crisps market is no exception. Following government’s measures, particularly social distancing norms and shelter-in-place orders, companies active in the Protein Crisps market have put their production on a halt. Additionally, movement restrictions have created a logistical nightmare for market players, while the lack of ‘essential’ status caused a decline in sales.
The FMI’s report covers an exclusive chapter on the initial COVID-19 impact on the Protein Crisps market. This allows both incumbent companies and new entrants to understand the market scenario during a crisis and helps them make sound decision to gain a distinct competitive edge.
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Protein Crisps Market: Segmentation
To analyze the Protein Crisps market effectively and efficiently, the information has been segregated into key segments and sub-segments.
By Type
- Gluten-free
- Vegetarian
- Soy Protein
- Milk Protein
- Whey Protein
By Packaging
- Pouch
- Cylindrical Tubes
- Carton
By Distribution Channel
- Store-based
- Hypermarkets/Supermarkets
- Grocery Stores
- Convenience Stores
- Specialty Stores
- Online Stores
By Flavour
- Vanilla
- Chocolate
- Peanut Butter
- Mocha
- Others
Protein Crisps Market: Competition Analysis
The FMI’s study presents an extensive analysis of global, regional, and country-level players operating in the Protein Crisps market based on their innovative launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Protein Crisps market report.
Key players covered in the report include:
- RXBAR
- Perfect Bar
- ThinkThin LLC
- General Mills
- Simply Protein
- Zoneperfect
- Slimfast
- PowerBar
- Optimum Nutrition
- GoMacro
- Rise Bar
- Labrada
- Health Warrior
- Exante
- Idealshape
- DuPont Nutrition & Biosciences
- ADM
- PGP International
- Labrada
- NewOrganics
- Reifon
Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Protein Crisps market.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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