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Opportunities in the North American Savory Snacks Sector: Analysis of Opportunities Offered by Countries in the Region

Opportunities in the North American Savory Snacks Sector: Analysis of Opportunities Offered by Countries in the Region

Summary

North America, with a value share of 37.6% in 2016, represented the largest market for savory snacks worldwide. The region is forecast to record a value CAGR of 5.2% during 2016-2021, driven by steady economic prospects and rising consumer confidence. The long working hours of millennials is a major factor fueling the snacking trend, as consumers forego meals in favor of a quick snack to save time.

Processed Snacks is the largest category, accounting for 42.8% of the overall savory snacks sector in 2016. Meat snacks are forecast to record the fastest value CAGR of 8.8% during 2016-2021, to reach US$6,631.4 Million by 2021. Due to an increasingly common desire to maximize protein consumption for health reasons, the consumption of meat based snacks is increasing.

Health & wellness (H&W) is high in the North American region as compared to the global level in the savory snacks sector, with H&W products accounting for 28.4% of total sector sales in 2016. The growing emphasis on healthy eating, combined with the high spending ability of North Americans is contributing to the demand for savory snacks with H&W attributes.

Hypermarkets & Supermarkets was the largest distribution channel, accounting for 56.2% of overall savory snacks sales in the region, followed by convenience stores, at 31.6% in 2016. At a country level, in the US and Canada, hypermarkets & supermarkets was the leading channel, while in Mexico, convenience stores led the market.

North America is moderately fragmented with the top five brands - Lay`s, Doritos, Cheetos, Pringles, and Planters - accounting for 25.5% value share in 2016. Private label held a value share of 10.5% in the overall savory snacks sector in the same year.

The report Opportunities in the North American Savory Snacks Sector, brings together multiple data sources to provide a comprehensive overview of the North American savory snacks sector.

In particular, this report provides the following -

  • Market overview: Includes sector size, market size and growth analysis by markets.
  • Change in consumption: Provides a shift in the consumption of savory snacks by markets across different countries in the North American region.
  • Countries analysis: Provides risk-reward analysis of three countries in North America based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
  • Health & wellness analysis: Provides insights on the health & wellness products in terms of value and percentage share in the overall savory snacks sector during 2011-2021. The analysis includes key health & wellness attributes and consumer benefits driving the sales of savory snacks in 2016. 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 North America region, besides analyzing the growth of private labels in the region.
  • Key distribution channels: Provides analysis on the leading distribution channels in the global savory snacks sector in 2016. It covers five distribution channels - hypermarkets & supermarkets, convenience stores, food & drinks specialists, e-retailers, dollar stores, and others, includes cash & carries and warehouse clubs, and general retailers, department stores, and vending machines.
  • Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, pack type, closures, and outer types based on the volume sales (by pack units) of savory snacks.
Companies mentioned in this report:

PepsiCo, Snyder`s-Lance, Inc., The Kellogg Company, The Kraft Heinz Company, ConAgra Foods, Inc., Grupo Bimbo, S.A.B. de C.V., Arca Continental, S.A.B. de C.V., Old Dutch, Foods, Inc., Direct Plus Food Group

Scope

This report brings together multiple data sources to provide a comprehensive overview of the North American Savory Snacks sector. It includes analysis on the following -
  • Market overview: Includes sector size, market size and growth analysis by markets
  • Change in consumption: Provides a shift in the consumption of Savory Snacks by markets across different countries in the North American region.
  • Countries analysis: Provides Risk-Reward analysis of three countries in North America based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
  • Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Savory Snacks sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Savory Snacks in 2016. 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 North America region, besides analyzing the growth of private labels in the region.
  • Key distribution channels: Provides analysis on the leading distribution channels in the global Savory Snacks sector in 2016. It covers five distribution channels - Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers, Dollar Stores and others that include - Cash & Carries and Warehouse Clubs, and General retailers, Department Stores, Vending machines, & Others
  • Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, pack type, closures, and outer types based on the volume sales (by pack units) of Savory Snacks.
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.


  • Executive Summary
  • Market size and growth analysis Regional analysis
    • Market Size Analysis - North America compared to other regions
      • Table Regional comparison: Market size, growth, and per capita analysis, 2016-2021
    • Growth Analysis by Region
    • Growth Analysis by Country
    • Growth Analysis by Market
  • Growth potential by countries in North America
    • Analyzing countries in North America - Methodology
    • Risk, reward, and opportunity analysis of North American countries
  • Market size and growth analysis
    • Countries in North America - Overview
      • Table The US is forecast to record the fastest value growth in the North American savory snacks during 2016-2021
    • Growth Contribution Analysis by Country
    • Share of savory snacks compared to other Food sectors
    • Change in consumption levels by country and savory snacks markets
    • Per Capita Consumption Analysis
    • Per Capita Expenditure Analysis
  • Country Profiles
    • The US
      • The US Savory Snacks- Overview
        • Table % Value Share, 2016
      • The US Savory Snacks- Demographic analysis
      • The US savory snacks - Key trends
    • Mexico
      • Mexican savory snacks - Overview
        • Table % Value Share, 2016
      • Mexican savory snacks - Demographic analysis
      • Mexican savory snacks - Key trends
    • Canada
      • Canadian savory snacks - Overview
        • Table % Value Share, 2016
      • Canadian savory snacks - Demographic analysis
      • Canadian savory snacks - Key trends
  • Success Stories
    • About Case Studies
    • Case Study: Mondelez Good Thin
    • Case Study: Dang Coconut Chips
    • Case Study: EPIC Bar
  • Company and Brand Analysis
    • Brand Share analysis in the savory snacks sector
    • Leading companies in the North American savory snacks sector
    • Leading Brands in North American savory snacks sector
    • Private label penetration in the savory snacks sector
      • Table Private label penetration (in value terms) in the savory snacks sector, 2016
  • Health & Wellness Analysis
    • Health & Wellness Analysis - Overview
      • Table Health & Wellness value and its share in overall sales, 2011-2021
    • Health & Wellness Analysis - Growth contribution by country
    • Health & Wellness Analysis - Key product attributes and consumer benefits
    • Leading Health & Wellness companies by markets
  • Key Distribution Channels
    • Leading Distribution Channels by countries
      • Table Leading Distribution Channels in North America by countries, 2016
    • Leading Distribution Channels by markets
      • Table Leading Distribution Channels in North America region by markets, 2016
  • Key Packaging Formats
    • Growth analysis by key packaging material and container type
    • Growth analysis by closure type and outer type
  • Challenges and Future Outlook
    • Key challenges
    • Future Outlook - North America
  • Appendix
    • Market Definition
    • Appendix
      • Table Global - savory snacks Sales, by Region - Value (US$ Million)
      • Table Global savory snacks Sales, by Region- Volume (Kg Million)
      • Table Growth Analysis, by Country- Value (US$ Million)
      • Table Growth Analysis, by Country- Volume (Kg Million)
      • Table Market Growth Analysis, by Country - ethnic/traditional snacks (US$ Million)
      • Table Market Growth Analysis, by Country - meat snacks (US$ Million)
      • Table Market Growth Analysis, by Country - Nuts and Seeds (US$ Million)
      • Table Market Growth Analysis, by Country - popcorn (US$ Million)
      • Table Market Growth Analysis, by Country - Potato Chips (US$ Million)
      • Table Market Growth Analysis, by Country - Pretzels (US$ Million)
      • Table Market Growth Analysis, by Country - processed snacks (US$ Million)
      • Table Market Growth Analysis, by Country - ethnic/traditional snacks (Kg Million)
      • Table Market Growth Analysis, by Country - meat snacks (Kg Million)
      • Table Market Growth Analysis, by Country - Nuts and Seeds (Kg Million)
      • Table Market Growth Analysis, by Country - popcorn (Kg Million)
      • Table Market Growth Analysis, by Country - Potato Chips (Kg Million)
      • Table Market Growth Analysis, by Country - Pretzels (Kg Million)
      • Table Market Growth Analysis, by Country - processed snacks (Kg Million)
      • Table Global - Brands vs. Private Label Value by Markets (US$ Million), 2016
      • Table North America - Brands vs. Private Label Value by Markets (US$ Million), 2016
      • Table North America - Brands vs. Private Label Value, by Country (US$ Million), 2016
      • Table Top five Brands value sales, meat snacks (US$ Million), 2016
      • Table Top five Brands value sales, ethnic/traditional snacks(US$ Million), 2016
      • Table Top five Brands value sales, Nuts and Seeds (US$ Million), 2016
      • Table Top five Brands value sales, Potato Chips (US$ Million), 2016
      • Table Top five Brands value sales, popcorn (US$ Million), 2016
      • Table Top five Brands value sales, Pretzels(US$ Million), 2016
      • Table Top five Brands value sales, processed snacks(US$ Million), 2016
      • Table Health & Wellness product attribute analysis in North America (US$ Million), 2016-2021
      • Table Health & Wellness consumer benefit attribute analysis in North America (US$ Million), 2016-2021
      • Table Leading Distribution Channels in the North America region (US$ Million)
      • Table Volume (Units) Growth by Package Material (2011-2021)
      • Table Volume (Units) Growth by Pack Type (2011-2021)
      • Table Volume (Units) Growth by Primary Outer Type (2011-2021)
      • Table Volume (Units) Growth by Closure Type (2011-2021)
  • Trends Definitions
    • GlobalData's TrendSights framework
    • GlobalData has identified eight mega-trends that can be broken down into 63 trends
    • Definitions - Trends: Health & Wellness
    • Definitions - Trends: Sensory & Indulgence
    • Definitions - Trends: Comfort & Uncertainty
    • Definitions - Trends: Sustainability & Ethics
    • Definitions - Trends: Individualism & Expression
    • Definitions - Trends: Smart & Connected
    • Definitions - Trends: Easy & Affordable
    • Definitions - Health & Wellness
  • About Global Data

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