
Global Savory Snack Product Market Size study, by Product (Potato Chips, Extruded Snacks, Popcorn, Nuts & Seeds, Puffed Snacks, Tortillas), Flavour (Barbeque, Spice, Salty, Plain/Unflavoured), Distribution Channel (retail, foodservice), and Regional Forec
Description
Global Savory Snack Product Market Size study, by Product (Potato Chips, Extruded Snacks, Popcorn, Nuts & Seeds, Puffed Snacks, Tortillas), Flavour (Barbeque, Spice, Salty, Plain/Unflavoured), Distribution Channel (retail, foodservice), and Regional Forecasts 2021-2027
Global Savory Snack Product Market is valued approximately at USD 184.2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2021-2027. Savory snacks are foods that have a salty or spicy flavor rather than a sweet profile. Savory snacks are produced with a variety of ingredients such as vegetables, nuts, grains, fruits, vegetable oils, and spices. These tasty treats are loaded with fiber, vitamins, minerals. The market is driven by the key factors such as expansion of the retail industry globally and increasing demand for convenient food products. The retail industry is one of the world's leading sales channels for savory snack goods. The United States, Canada, the United Kingdom, France, Australia, and other industrialized countries have a wide network of supermarkets and hypermarkets that serve the majority of the population. For instance, as per Statista, the total sales generated from retail market was USD 25 trillion in 2019 with the forecast to reach USD 27 trillion by 2022. Moreover, growing eCommerce penetration in the developing countries boost the market growth of savory snack product. For instance, as per Statista, e-commerce market in Africa expanded from 3.9 percent in 2019 to 27.9 percent in 2021. Further, it is forecast to reach 40 percent by 2025. However, growing inclination of consumers towards low fat and low sodium products impedes the growth of the market over the forecast period of 2021-2027.
The geographical regions considered for the study of global Savory Snack product market analysis includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is leading the market in terms of revenue. Factors such as growing demand of sacks and convenience food across the region. APAC is expected to be the fastest growing region in upcoming years owing to rising consumers’ preference for convenience food in an urbanized world.
Major market player included in this report are:
BLUE DIAMOND GROWERS
NESTLE SA
THE KRAFT HEINZ COMPANY
HAIN CELESTIAL
THE LORENZ BAHLSEN SNACK-WORLD GMBH & CO KG
CONAGRA BRANDS
GRUPO BIMBO
UNIVERSAL ROBINA CORPORATION
MARS, INCORPORATED
OLD DUTCH FOODS INC.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By product:
Potato chips
Extruded snacks
Popcorn
Nuts & seeds
Puffed snacks
Tortillas
Other products
By Flavor:
Barbeque
Spice
Salty
Plain/unflavoured
Other flavours
By distribution channel:
Retail
foodservice
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Savory Snack Product Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
BLUE DIAMOND GROWERS
NESTLE SA
THE KRAFT HEINZ COMPANY
HAIN CELESTIAL
THE LORENZ BAHLSEN SNACK-WORLD GMBH & CO KG
CONAGRA BRANDS
GRUPO BIMBO
UNIVERSAL ROBINA CORPORATION
MARS, INCORPORATED
OLD DUTCH FOODS INC
Please note:The single user license is non-downloadable and non-printable. Global Site license will allow these actions.
Global Savory Snack Product Market is valued approximately at USD 184.2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2021-2027. Savory snacks are foods that have a salty or spicy flavor rather than a sweet profile. Savory snacks are produced with a variety of ingredients such as vegetables, nuts, grains, fruits, vegetable oils, and spices. These tasty treats are loaded with fiber, vitamins, minerals. The market is driven by the key factors such as expansion of the retail industry globally and increasing demand for convenient food products. The retail industry is one of the world's leading sales channels for savory snack goods. The United States, Canada, the United Kingdom, France, Australia, and other industrialized countries have a wide network of supermarkets and hypermarkets that serve the majority of the population. For instance, as per Statista, the total sales generated from retail market was USD 25 trillion in 2019 with the forecast to reach USD 27 trillion by 2022. Moreover, growing eCommerce penetration in the developing countries boost the market growth of savory snack product. For instance, as per Statista, e-commerce market in Africa expanded from 3.9 percent in 2019 to 27.9 percent in 2021. Further, it is forecast to reach 40 percent by 2025. However, growing inclination of consumers towards low fat and low sodium products impedes the growth of the market over the forecast period of 2021-2027.
The geographical regions considered for the study of global Savory Snack product market analysis includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is leading the market in terms of revenue. Factors such as growing demand of sacks and convenience food across the region. APAC is expected to be the fastest growing region in upcoming years owing to rising consumers’ preference for convenience food in an urbanized world.
Major market player included in this report are:
BLUE DIAMOND GROWERS
NESTLE SA
THE KRAFT HEINZ COMPANY
HAIN CELESTIAL
THE LORENZ BAHLSEN SNACK-WORLD GMBH & CO KG
CONAGRA BRANDS
GRUPO BIMBO
UNIVERSAL ROBINA CORPORATION
MARS, INCORPORATED
OLD DUTCH FOODS INC.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By product:
Potato chips
Extruded snacks
Popcorn
Nuts & seeds
Puffed snacks
Tortillas
Other products
By Flavor:
Barbeque
Spice
Salty
Plain/unflavoured
Other flavours
By distribution channel:
Retail
foodservice
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Savory Snack Product Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
BLUE DIAMOND GROWERS
NESTLE SA
THE KRAFT HEINZ COMPANY
HAIN CELESTIAL
THE LORENZ BAHLSEN SNACK-WORLD GMBH & CO KG
CONAGRA BRANDS
GRUPO BIMBO
UNIVERSAL ROBINA CORPORATION
MARS, INCORPORATED
OLD DUTCH FOODS INC
Please note:The single user license is non-downloadable and non-printable. Global Site license will allow these actions.
Table of Contents
200 Pages
- Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Global Savory snack products Market, by region, 2020-2028 (USD Billion)
- 1.2.2. Global Savory snack products Market, by Product, 2020-2028 (USD Billion)
- 1.2.3. Global Savory snack products Market, by Flavor, 2020-2028 (USD Billion)
- 1.2.4. Global Savory snack products Market, by Distribution channel, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
- Chapter 2. Global Savory snack products Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
- Chapter 3. Global Savory snack products Market Dynamics
- 3.1. Savory snack products Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Expansion of the retail industry globally
- 3.1.1.2. Increasing demand for convenient food products
- 3.1.2. Market Challenges
- 3.1.2.1. Growing inclination of consumers towards low fat and low sodium products
- 3.1.2.2. Health issues associated with consumption of snacks products
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing eCommerce penetration in the developing countries
- 3.1.3.2. Increasing demand for healthy snacks
- Chapter 4. Global Savory snack products Market: Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
- Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
- Chapter 6. Global Savory snack products Market, by Product
- 6.1. Market Snapshot
- 6.2. Global Savory snack products Market by Product, Performance - Potential Analysis
- 6.3. Global Savory snack products Market Estimates & Forecasts by Product 2019-2028 (USD Billion)
- 6.4. Savory snack products Market, Sub Segment Analysis
- 6.4.1. Potato chips
- 6.4.2. Extruded snacks
- 6.4.3. Popcorn
- 6.4.4. Nuts & seeds
- 6.4.5. Puffed snacks
- 6.4.6. Tortillas
- 6.4.7. Other products
- Chapter 7. Global Savory snack products Market, by Flavor
- 7.1. Market Snapshot
- 7.2. Global Savory snack products Market by Flavor, Performance - Potential Analysis
- 7.3. Global Savory snack products Market Estimates & Forecasts by Flavor 2019-2028 (USD Billion)
- 7.4. Savory snack products Market, Sub Segment Analysis
- 7.4.1. Barbeque
- 7.4.2. Spice
- 7.4.3. Salty
- 7.4.4. Plain/unflavoured
- 7.4.5. Other flavors
- Chapter 8. Global Savory snack products Market, by Distribution channel
- 8.1. Market Snapshot
- 8.2. Global Savory snack products Market by Distribution channel, Performance - Potential Analysis
- 8.3. Global Savory snack products Market Estimates & Forecasts by distribution channel 2019-2028 (USD Billion)
- 8.4. Savory snack products Market, Sub Segment Analysis
- 8.4.1. Retail
- 8.4.2. Food service
- Chapter 9. Global Savory snack products Market, Regional Analysis
- 9.1. Savory snack products Market, Regional Market Snapshot
- 9.2. North America Savory snack products Market
- 9.2.1. U.S. Savory snack products Market
- 9.2.1.1. Product breakdown estimates & forecasts, 2019-2028
- 9.2.1.2. Flavor breakdown estimates & forecasts, 2019-2028
- 9.2.1.3. Distribution Channel breakdown estimates & forecasts, 2019-2028
- 9.2.2. Canada Savory snack products Market
- 9.3. Europe Savory snack products Market Snapshot
- 9.3.1. U.K. Savory snack products Market
- 9.3.2. Germany Savory snack products Market
- 9.3.3. France Savory snack products Market
- 9.3.4. Spain Savory snack products Market
- 9.3.5. Italy Savory snack products Market
- 9.3.6. Rest of Europe Savory snack products Market
- 9.4. Asia-Pacific Savory snack products Market Snapshot
- 9.4.1. China Savory snack products Market
- 9.4.2. India Savory snack products Market
- 9.4.3. Japan Savory snack products Market
- 9.4.4. Australia Savory snack products Market
- 9.4.5. South Korea Savory snack products Market
- 9.4.6. Rest of Asia Pacific Savory snack products Market
- 9.5. Latin America Savory snack products Market Snapshot
- 9.5.1. Brazil Savory snack products Market
- 9.5.2. Mexico Savory snack products Market
- 9.6. Rest of The World Savory snack products Market
- Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. BLUE DIAMOND GROWERS
- 10.2.1.1. KEY INFORMATION
- 10.2.1.2. OVERVIEW
- 10.2.1.3. FINANCIAL (SUBJECT TO DATA AVAILABILITY)
- 10.2.1.4. PRODUCT SUMMARY
- 10.2.1.5. RECENT DEVELOPMENTS
- 10.2.2. NESTLE SA
- 10.2.3. THE KRAFT HEINZ COMPANY
- 10.2.4. HAIN CELESTIAL
- 10.2.5. THE LORENZ BAHLSEN SNACK-WORLD GMBH & CO KG
- 10.2.6. CONAGRA BRANDS
- 10.2.7. GRUPO BIMBO
- 10.2.8. UNIVERSAL ROBINA CORPORATION
- 10.2.9. MARS INCORPORATED
- 10.2.10. OLD DUTCH FOODS INC.
- Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption
- List of Tables
- TABLE 1. Global Savory snack products market, report scope
- TABLE 2. Global Savory snack products market estimates & forecasts by Region 2019-2028 (USD Billion)
- TABLE 3. Global Savory snack products market estimates & forecasts by Product 2019-2028 (USD Billion)
- TABLE 4. Global Savory snack products market estimates & forecasts by Flavor 2019-2028 (USD Billion)
- TABLE 5. Global Savory snack products market estimates & forecasts by Distribution channel 2019-2028 (USD Billion)
- TABLE 6. Global Savory snack products market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 7. Global Savory snack products market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 8. Global Savory snack products market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 9. Global Savory snack products market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 10. Global Savory snack products market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 11. Global Savory snack products market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 12. Global Savory snack products market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 13. Global Savory snack products market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 14. Global Savory snack products market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 15. Global Savory snack products market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 16. U.S. Savory snack products market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 17. U.S. Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 18. U.S. Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 19. Canada Savory snack products market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 20. Canada Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 21. Canada Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 22. UK Savory snack products market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 23. UK Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 24. UK Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 25. Germany Savory snack products market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 26. Germany Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 27. Germany Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 28. RoE Savory snack products market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 29. RoE Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 30. RoE Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 31. China Savory snack products market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 32. China Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 33. China Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 34. India Savory snack products market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 35. India Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 36. India Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 37. Japan Savory snack products market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 38. Japan Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 39. Japan Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 40. RoAPAC Savory snack products market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 41. RoAPAC Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 42. RoAPAC Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 43. Brazil Savory snack products market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 44. Brazil Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 45. Brazil Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 46. Mexico Savory snack products market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 47. Mexico Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 48. Mexico Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 49. RoLA Savory snack products market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 50. RoLA Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 51. RoLA Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 52. Row Savory snack products market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 53. Row Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 54. Row Savory snack products market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 55. List of secondary sources, used in the study of global Savory snack products market
- TABLE 56. List of primary sources, used in the study of global Savory snack products market
- TABLE 57. Years considered for the study
- TABLE 58. Exchange rates considered
- List of figures
- FIG 1. Global Savory snack products market, research methodology
- FIG 2. Global Savory snack products market, market estimation techniques
- FIG 3. Global market size estimates & forecast methods
- FIG 4. Global Savory snack products market, key trends 2021
- FIG 5. Global Savory snack products market, growth prospects 2022-2028
- FIG 6. Global Savory snack products market, porters 5 force model
- FIG 7. Global Savory snack products market, pest analysis
- FIG 8. Global Savory snack products market, value chain analysis
- FIG 9. Global Savory snack products market by segment, 2019 & 2028 (USD Billion)
- FIG 10. Global Savory snack products market by segment, 2019 & 2028 (USD Billion)
- FIG 11. Global Savory snack products market by segment, 2019 & 2028 (USD Billion)
- FIG 12. Global Savory snack products market by segment, 2019 & 2028 (USD Billion)
- FIG 13. Global Savory snack products market by segment, 2019 & 2028 (USD Billion)
- FIG 14. Global Savory snack products market, regional snapshot 2019 & 2028
- FIG 15. North America Savory snack products market 2019 & 2028 (USD Billion)
- FIG 16. Europe Savory snack products market 2019 & 2028 (USD Billion)
- FIG 17. Asia pacific Savory snack products market 2019 & 2028 (USD Billion)
- FIG 18. Latin America Savory snack products market 2019 & 2028 (USD Billion)
- FIG 19. Global Savory snack products market, company market share analysis (2021)
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