Bangladesh Potato Chips Market (2022-2029) | Size, Share, Outlook, Industry, Analysis, Growth, Revenue, Trends, Forecast, Segmentation & COVID-19 IMPACT

Bangladesh Potato Chips Market Synopsis

Bangladesh Potato Chips Market is expected to grow rapidly during the forecast period owing to the growing demand for snacks, rising disposable incomes, and the increasing number of working women. The country's middle class is growing rapidly and they are increasingly spending on discretionary items. Moreover, convenience foods are becoming increasingly popular in Bangladesh due to the busy lifestyles of consumers, which creates a significant growth opportunity for the potato chips industry in Bangladesh. The potato chips market in Bangladesh is a growing industry with increasing demand for snacks among consumers and the market caters to a diverse demographic ranging from children to adults, from urban to rural areas.

According to 6Wresearch, the Bangladesh Potato Chips Market size is anticipated to grow at a higher growth rate during the 2023-2029. The major drivers propelling the market growth includes the increasing population and income levels, the growing preference for packaged food, and the evolving lifestyles of consumers. The Bangladesh potato chips market is facing several challenges such as the lack of availability of quality potatoes. Moreover, the limited supply of potatoes also results in higher prices for potato chips in the market. Additionally, the intense competition from other snacks such as cakes, biscuits, and crisps. In addition, many consumers perceive potato chips as an unhealthy snack option due to their high fat and salt content which in turn hinders the growth of this market. In order to overcome these challenges, manufacturers need to focus on introducing innovative products with a focus on introducing new flavors, packaging, and marketing strategies. In general, flavoured potato chips, such as salted, spicy and tangy are becoming more popular in Bangladesh, with companies introducing a variety of new flavors to meet the increasing demand. However, the imited availability of quality raw materials, competition from other snack options, price sensitivity of consumers, and increasing disposable income have led to an increase in consumer spending on snack foods. Thus, affecting the growth of Bangladesh Potato Chips Market. The potato chips market in Bangladesh has both local and international players competing to capture a larger market share.

COVID-19 Impact on Bangladesh Potato Chips Market

The COVID-19 pandemic has terribly influenced the potato chips market in Bangladesh. The market experienced a decline in sales due to the lockdown measures imposed by the government. The closure of restaurants and cafes has resulted in a decrease in demand for potato chips from the foodservice sector, which is a significant consumer of potato chips in Bangladesh. Also, this has resulted in disruptions to the supply chain, affecting the availability of raw materials and packaging materials. However, with the gradual easing of lockdown measures, the market has started to recover.

Market Analysis by Flavor

Based on flavor, the plain/salted potato chips account for a major share owing to their wide availability and reasonable price range.

Market Analysis by Type

Based on Type, the fried potato chips segment dominates the market due to the growing popularity among consumers in Bangladesh.

Market Analysis by Distribution Channel

In terms of distribution channel, supermarket/hypermarket is account to dominate the Bangladesh Potato Chips Market share as they offer a wide range of products at competitive prices.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Bangladesh Potato Chips Market Outlook
• Market Size of Bangladesh Potato Chips Market, 2022
• Forecast of Bangladesh Potato Chips Market, 2029
• Historical Data and Forecast of Bangladesh Potato Chips Revenues & Volume for the Period 2019 - 2029
• Bangladesh Potato Chips Market Trend Evolution
• Bangladesh Potato Chips Market Drivers and Challenges
• Bangladesh Potato Chips Price Trends
• Bangladesh Potato Chips Porter's Five Forces
• Bangladesh Potato Chips Industry Life Cycle
• Historical Data and Forecast of Bangladesh Potato Chips Market Revenues & Volume By Flavor for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Potato Chips Market Revenues & Volume By Plain/Salted for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Potato Chips Market Revenues & Volume By Flavored for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Potato Chips Market Revenues & Volume By Type for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Potato Chips Market Revenues & Volume By Baked for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Potato Chips Market Revenues & Volume By Fried for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Potato Chips Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Potato Chips Market Revenues & Volume By Supermarket/Hypermarket for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Potato Chips Market Revenues & Volume By Convenience Stores for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Potato Chips Market Revenues & Volume By Specialist Stores for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Potato Chips Market Revenues & Volume By Online Retail Stores for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Potato Chips Market Revenues & Volume By Other for the Period 2019 - 2029
• Bangladesh Potato Chips Import Export Trade Statistics
• Market Opportunity Assessment By Flavor
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Distribution Channel
• Bangladesh Potato Chips Top Companies Market Share
• Bangladesh Potato Chips Competitive Benchmarking By Technical and Operational Parameters
• Bangladesh Potato Chips Company Profiles
• Bangladesh Potato Chips Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Flavor

• Plain/Salted
• Flavored

By Type

• Baked
• Fried

By Distribution Channel

• Supermarket/Hypermarket
• Convenience Stores
• Specialist Stores
• Online Retail Stores
• Other