Opportunities in the Americas Savory Snacks Sector: Analysis of Opportunities Offered by High-Growth Economies
Summary
Global Savory Snacks sector is forecast to record a CAGR of 6.1% during 2017-2022 from its current valuation of US$105,706.2 million in 2017 of which the Americas was the largest region and is forecast to record a CAGR of 4.8% during 2017-2022. Rising disposable incomes, the increasing demand for convenient and portable food options and growth in the popularity of natural/organic products is spurring the demand for savory snacks products in the region.
Processed Snacks was the largest category and is expected to grow at a CAGR of 5.1%. Potato chips and nuts & seeds are the other leading categories in the region. The meat snacks category is forecast to witness the highest CAGR during 2017-2022.
Canada, the US, Mexico, and Brazil are high-potential countries in the America’s Savory Snacks market, primarily due to the large savory snacks sector size, projected high-value growth rates, and projected rising per capita value growth levels. The US was the largest contributor to the growth of both market value and volume during 2017-2022. Among the high-potential countries, Canada is expected to register the highest value CAGR during 2017-2022, while Mexico is forecast to witness the fastest growth in volume terms during the same period.
Hypermarkets & Supermarkets was the largest distribution channel in the Americas savory snacks sector. Wide penetration of large supermarket chains in the US and Canada results in the dominance of hypermarkets & supermarkets. Convenience stores, meanwhile, was the largest channel for Mexico.
The report Opportunities in the Americas Savory Snacks Sector, brings together multiple data sources to provide a comprehensive overview of the region's savory snacks sector. It includes market overview, high growth country analysis, top brands, key distribution channels, packaging formats and case studies.
Scope
This report brings together multiple data sources to provide a comprehensive overview of the Americas savory snacks sector. It includes analysis on the following -
- Sector overview: Includes sector size, market size, and growth analysis by category.
- Change in consumption: Indicates changing share of value consumption in the various savory snacks by category across high-potential countries in the Americas region.
- High-potential countries: Provides Risk-Reward analysis of nine countries across the Americas region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure. Out of nine, a total of four high-potential countries are shortlisted.
- Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall savory snacks sector during 2012-2022. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of savory snacks in 2017. It also covers the market share of leading companies offering savory snacks with health and wellness attributes in the same year.
- Brand Analysis: Provides an overview of leading brands in the Americas region, besides analyzing the growth of private label in the region.
Reasons to buy- Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
- To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.
- 1. Executive summary
- 2. Market size and growth analysis (Regional analysis )
- Market Size Analysis - Americas compared to other regions
- Americas - analysis by region
- Growth analysis by region
- Growth analysis by country
- Growth analysis by category
- 3.Identifying high-potential countries in the Americas
- Identifying high-potential countries - methodology
- High-potential countries
- Identifying high-potential countries - risk, reward, and opportunity analysis
- 4. Market size and growth analysis (high-potential countries in the Americas)
- Overview - Value and volume growth analysis by country
- Growth contribution analysis by country
- Share of savory snacks compared to other food sectors
- Change in consumption levels by country and savory snacks categories
- Per capita consumption and expenditure analysis
- 5. Country Profiles
- Canada
- US
- Mexico
- Brazil
- 6. Success Stories
- Savory snacks in the Americas: case studies
- 7. Company and Brand Analysis
- Brand share analysis in the savory snacks sector
- Leading companies in the Americas savory snacks sector
- Leading brands in the Americas savory snacks sector
- Private label penetration in the savory snacks categories
- 8. Health & wellness analysis
- Health & wellness analysis - overview
- Health & wellness analysis - growth contribution by country
- Health & wellness analysis - key product attributes and consumer benefits
- Leading health & wellness companies by market share
- Health & wellness analysis - Key Product Attributes and Consumer Benefits
- 9. Key Distribution Channels
- Leading Distribution channels by countries
- Leading Distribution channels by categories
- 10. Key Packaging Formats
- Growth analysis by key pack material and pack type
- Growth analysis by closure type and primary outer type
- 11. Challenges and Future Outlook
- Key challenges
- Future Outlook
- 12. Appendix
List of Tables- Regional comparison: Market size, growth, and per capita analysis, 2017-2022
- Americas - analysis by region
- Countries covered in North America and South America
- Identifying high-potential countries - Risk, reward, and opportunity analysis
- High-potential countries in Americas - Overview
- Value share of savory snacks sector as a proportion of overall food by country
- Change in consumption by market within savory snacks (value terms), 2017-2022
- Per Capita Consumption in Americas and high-potential countries, 2017
- Per Capita Expenditure in Americas and high-potential countries, 2017
- Canada savory snacks - Overview, % value share by category, 2017
- The US savory snacks - Overview % value share by category, 2017
- Mexico savory snacks - Overview % value share by category, 2017
- Brazil savory snacks - Overview % value share by category, 2017
- Leading brands in the Americas savory snacks sector and categories by value, 2017
- Leading companies in the Americas savory snacks sector by value sales (US$ million), 2017
- Leading Brands (including Private label) in the Americas savory snacks sector by value sales (US$ million), 2017
- Private Label penetration in the savory snacks sector
- Health & Wellness value and its share in overall sales, 2012-2022
- Share of product attributes and consumer benefits in high-potential countries Americas, 2017
- Leading Distribution Channels in the Americas region by country, 2017
- Leading Distribution Channels in the Americas region by category, 2017
- List of Figures
- Annual value growth analysis by region , 2017-2022
- Annual volume growth analysis by region , 2017-2022
- Value and volume growth analysis by country, 2017-2022
- Value and volume growth analysis by category, 2017-2022
- Top four high-potential countries in the Americas
- Country level contribution to the growth by categories in the Americas region, 2017-2022
- Canada savory snacks - Demographic Analysis
- The US savory snacks - Demographic Analysis
- Mexico savory snacks - Demographic Analysis
- Brazil savory snacks - Demographic Analysis
- Country level contribution to the growth of H&W Market in the Americas region, 2017-2022
- Key pack material volume (units) share, 2017
- Unit volume growth by pack material, 2012-2022
- Key pack type volume (units) share, 2017
- Unit volume growth by pack type, 2012-2022
- Key closure type volume (units) share, 2017
- Unit volume growth by closure type, 2012-2022
- Key primary outer type volume (units) share, 2017
- Unit volume growth by primary outer type, 2012-2022