Unlock stock picks and a broker-level newsfeed that powers Wall Street.
15 Most Popular Chip Dips In America in 2023

In This Article:

In this article, we will be taking a look at the 15 most popular chip dips in America in 2023. If you are not interested in reading about the market expansion of chip-dip industry, head straight to the 5 Most Popular Chip Dips in America In 2023.

In 2023, the culinary landscape of America has witnessed a delightful evolution in the realm of appetizers, with a particular focus on dips. These delectable concoctions have taken center stage at gatherings, parties, and even everyday meals, becoming an integral part of American dining culture. From creamy classics to bold and innovative creations, the most popular dips in 2023 like Tosito's nacho cheese dip, Lay's French onion dip, and Herdez's salsa dip, among others, reflect the diverse and ever-expanding tastes of the nation's food enthusiasts. 

Top Players in the Chip Dip Market 

Regarding chip dips, a few brands stand out as the top players in the market. One of the most popular is Tostitos, known for its chips, classic salsa and queso dips. Tortilla/tostada chip sales increased by 7.3% to $6.77 billion in the 52 weeks ending April 17, with unit sales up 0.4% to 2.33 billion. The price per unit also saw a 19-cent rise to $2.91, according to IRI data from multiple outlets in Chicago.

Another favorite among chip lovers is the French onion dip from PepsiCo, Inc. (NASDAQ:PEP)'s Lays, which pairs perfectly with their potato chips. PepsiCo, Inc. (NASDAQ:PEP)'s Frito-Lay North America revenue had increased 15% YoY to $5.90 billion, as was noted in the company's Q2,2023 earnings call. 

The buffalo chicken dip from Frank's Red Hot is a must-try for those who prefer a spicy kick. And let's remember the guacamole dip from Wholly Guacamole, which is made with fresh ingredients and is always a crowd-pleaser. Refrigerated guacamole dip sales in the U.S. hit $585 million for the 52 weeks ending Jan. 24, 2021, marking a 5.3% YoY increase. Unit sales also rose by 1.7%, reaching about 125 million, according to Chicago-based IRI. These top chip dip players will elevate your snack game no matter which brand you choose. 

Market Expansion: Opportunities for Chip Dip Brands 

Agreeing with the assessment of the potential for chip dip brands to expand their market, it's worth noting that offering low-fat and low-calorie options could be a smart move, which is especially pertinent considering the projected growth of the global healthy snack market to $32.88 billion by 2025, according to Grand View Research. Additionally, the global dips and spreads market was $85.6 billion in 2021, projected to grow to $132.2 billion by 2029, with a 5.43% annual growth rate from $91.3 billion in 2022, as noted by Fortune Business Insights.