The potato chips market size is expected to grow by USD 9.79 billion from 2022 to 2027, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 4.46% during the forecast period. Growing snacking culture is notably driving the potato chips market. However, factors such as Rising health and nutritional concerns may impede market growth. The market is segmented by Flavor (Plain or salted and Flavored), Product (Fried and Baked), and Geography (APAC, North A
Japanese companies are generally reluctant to pass higher costs on to price-sensitive consumers, but many feel they have no choice and prices on a slew of products are on the rise.
Decades of stagnant wages and low prices have ingrained a “deflationary mindset” into shoppers who are hesitant to spend more, thwarting policymakers’ efforts to fan inflation.