What are entry barriers for potatoe chips?

Answer 1

Entry barriers for the potato chips market include high capital requirements for production facilities and equipment, economies of scale that favor established brands, and strong brand loyalty among consumers. Additionally, extensive distribution networks and relationships with retailers can pose challenges for new entrants. Regulatory compliance concerning food safety and quality standards also adds to the complexity of entering this industry. Lastly, significant marketing and advertising costs are necessary to compete effectively against well-known brands.