Market Overview

of Global Plantain Chip market:
The latest research study on the global Plantain Chip market finds that the global Plantain Chip market reached a value of USD 422.86 million in 2022. It’s expected that the market will achieve USD 556.01 million by 2028, exhibiting a CAGR of 4.67% during the forecast period.

Plantain chips are a popular snack in Central American, Caribbean, and South American cultures. Depending on the country they come from, they may be called platanitos, mariquitas, chifles, platanutres, or something else entirely. Plantain chips are usually made from green plantains through a series of processes.

Growing Consumer Demand for Snack Food
With the continuous development of the snack industry, people's demand for various snacks has also increased. Now there are a large number of companies in the global market that are constantly developing various snack foods and packaging to meet the needs of consumers. For consumers, leisure food has increasingly become an important source of comfort, emotional connection, and a sense of belonging for consumers, and will be further developed as the pace of consumption upgrades accelerates.
Snacks made with Plantain Chips are popular in some countries. For example, Nigeria and Africa have a high demand for Plantain chips. In addition, with the development of the economy, the popularity of Plantain Chip snacks is increasing, and more countries import this kind of snack. Hence, rising consumer demand for snack food is driving the Plantain Chip industry.

Plantain Chips offer health benefits as a snack
After experiencing the extreme fear and stress of the COVID-19 pandemic, which in turn fueled a period of snack indulgence, consumers are healthier than ever. Consumers pay attention to low-sugar and low-fat foods. Plantain Chips have certain health benefits as a snack. For example, Plantain Chips are rich in fiber, which helps promote digestive health by reducing constipation and improving bowel movements. Plantain Chips are low in sodium, making them a healthy alternative to other salty snacks. Plantain Chip is rich in vitamin A and vitamin C, which help prevent diseases. Plantain Chip contains antioxidants that help prevent cell damage caused by free radicals. Plantain Chips are a great source of energy and a great snack for those who need a quick energy boost. Plantain Chip has a low glycemic index and helps regulate blood sugar levels. Additionally, eating Plantain Chips is good for weight management, low in calories, and high in fiber, Plantain Chips are an excellent snack for those trying to manage their weight.
Therefore, the fact that plantain chips have certain health benefits as a snack is popular among consumers and this is driving the growth of the plantain chip industry.

Region Overview:
In 2022, the share of the Plantain Chip market in Latin America stood at 41.42%.

Company Overview:
Soldanza is one of the major players operating in the Plantain Chip market, holding a share of 3.69% in 2022.

Soldanza is a snack manufacturing business that produces various types of snacks including Banana Chips, Cassava Chips, and more. Soldanza Banana Chips are made from carefully selected bananas grown on family farms. They are thinly sliced, crispy, and delicious.

Arca Continental is a Mexican multinational company that manufactures, distributes and markets beverages under the Coca-Cola Company brand, as well as snacks under the Bokados brand in Mexico, Inalecsa in Ecuador and the Wise and Deep River brands in the United States.

Prime Planet is an all-natural snack brand that specializes in premium green plantain chips, also known as tostones. Carefully selected in Ecuador and harvested according to the highest quality standards and techniques, Prime Planet's plantains not only offer the tastiest flavor but are also a healthier snacking option that's certified vegan, gluten-free, and non-GMO, featuring all-natural ingredients and raw material.

Segmentation Overview:
By type, Unsweetened segment accounted for the largest share of market in 2022.

Application Overview:
The market's largest segment by application is the segment Offline sale, with a market share of 84.93% in 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Plantain Chip market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Plantain Chip market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Plantain Chip and its sub-markets in an intuitive way.

Key Companies in the global Plantain Chip market covered in Chapter 3:
Pacifico Snacks
Sankofa Snacks
Soldanza
Olu Olu
Ara Food Corporation
Chifles Chips
TropicMax
Sunmo
GOYA
Grace Foods
Unibán
Prime Planet
Arca Continental
CHIKA'S

In Chapter 4 and Chapter 14.2, on the basis of types, the Plantain Chip market from 2018 to 2029 is primarily split into:
Sweetened
Unsweetened

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Plantain Chip market from 2018 to 2029 covers:
Online Sale
Offline Sale

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Plantain Chip market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029