Savory Snack Products Market Share, Size, Trends, Industry Analysis Report, By Distribution Channel (Retail, Foodservices); By Flavor (Barbeque, Spicy, Salty, Plain/Unflavored, Others); By Product; By Region; Segment Forecast, 2022 - 2030
Description
The global savory snack products market size is expected to reach USD 403.52 billion by 2034 according to a new study by Polaris Market Research. The report “Savory Snack Products Market Share, Size, Trends, Industry Analysis Report, By Distribution Channel (Retail, Foodservices); By Flavor (Barbeque, Spicy, Salty, Plain/Unflavored, Others); By Product; By Region; Segment Forecast, 2025 - 2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Changes in work culture and habits due to the pandemic impact have driven a shift in customer preferences towards savory goods. The global market for savory snack products is characterized by a large number of both organized and unstructured companies. A large portion of the savory snacks industry in most emerging nations is unorganized, as local firms offer a wide range of region-specific products. Moreover, manufacturers are introducing new ingredients, varieties, and processing techniques to fulfill demand and respond to changing consumer preferences, which has had a significant impact on the industry. For instance, in May 2021, Bikano debuted numerous new savory snacks such as Aloo Bhujia-Lemon Chaska, 'Daal Mixture,' and 'Dry Fruit Mixture.' The majority of these items are priced between INR 5 and 10 for each pack.
The market has witnessed a shift towards different flavor profiles, beyond traditional offerings. This leverages global companies to create unique taste experiences that serve more refined and experimental palates. Brands are generating trial flavour products, which expand market scope and consumption. For instance, in January 2022, Hain Celestial agreed to buy ParmCrisps from Clearlake Capital Group, offering delicious, consumer-specific products. The acquisition strengthens Hain's position in the snacking sector and is a key step toward establishing Hain as a worldwide healthy food brand with strong growth potential. Also, in March 2021, Club Crisps and Town House Dipping Thins were introduced by Kellogg's Crackers. These two variations are thinner and crispier versions of the brands, giving snackers more options for customizing their eating experiences throughout the day. Thus, these investments by the major players for flavored refreshment launches and change in the habits of people has increased the demand for savory food products, which is driving the industry growth during the forecast period.
Major players such as Pepsico, Calbee, Conagra Brands, General Mills, Inc., ITC Limited, Kellogg Co., Grupo Bimbo, Hain Celestial, Blue Diamond Growers, Mars, Incorporated, Mondelez International, Nestle SA, The Kraft Heinz Company, and Universal Robina Corporation are some key players operating in the global market.
Polaris Market Research has segmented the savory snack products market report based on product, flavor, distribution channel, and region:
Savory Snack Products, Product Outlook (Revenue - USD Billion, 2020 - 2034)
Potato Chips
Extruded
Popcorn
Nuts & Seeds
Puffed
Tortillas
Others
Savory Snack Products, Flavor Outlook (Revenue - USD Billion, 2020 - 2034)
Barbeque
Spice
Salty
Plain/unflavoured
Others
Savory Snack Products, Distribution Channel Outlook (Revenue - USD Billion, 2020 - 2034)
Retail
Supermarkets & Hypermarkets
Convenience Stores
Online Stores
Others
Foodservices
Savory Snack Products, Regional Outlook (Revenue - USD Billion, 2020 - 2034)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Spain
Netherlands
Russia
Asia Pacific
China
India
Japan
Malaysia
South Korea
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Changes in work culture and habits due to the pandemic impact have driven a shift in customer preferences towards savory goods. The global market for savory snack products is characterized by a large number of both organized and unstructured companies. A large portion of the savory snacks industry in most emerging nations is unorganized, as local firms offer a wide range of region-specific products. Moreover, manufacturers are introducing new ingredients, varieties, and processing techniques to fulfill demand and respond to changing consumer preferences, which has had a significant impact on the industry. For instance, in May 2021, Bikano debuted numerous new savory snacks such as Aloo Bhujia-Lemon Chaska, 'Daal Mixture,' and 'Dry Fruit Mixture.' The majority of these items are priced between INR 5 and 10 for each pack.
The market has witnessed a shift towards different flavor profiles, beyond traditional offerings. This leverages global companies to create unique taste experiences that serve more refined and experimental palates. Brands are generating trial flavour products, which expand market scope and consumption. For instance, in January 2022, Hain Celestial agreed to buy ParmCrisps from Clearlake Capital Group, offering delicious, consumer-specific products. The acquisition strengthens Hain's position in the snacking sector and is a key step toward establishing Hain as a worldwide healthy food brand with strong growth potential. Also, in March 2021, Club Crisps and Town House Dipping Thins were introduced by Kellogg's Crackers. These two variations are thinner and crispier versions of the brands, giving snackers more options for customizing their eating experiences throughout the day. Thus, these investments by the major players for flavored refreshment launches and change in the habits of people has increased the demand for savory food products, which is driving the industry growth during the forecast period.
Major players such as Pepsico, Calbee, Conagra Brands, General Mills, Inc., ITC Limited, Kellogg Co., Grupo Bimbo, Hain Celestial, Blue Diamond Growers, Mars, Incorporated, Mondelez International, Nestle SA, The Kraft Heinz Company, and Universal Robina Corporation are some key players operating in the global market.
Polaris Market Research has segmented the savory snack products market report based on product, flavor, distribution channel, and region:
Savory Snack Products, Product Outlook (Revenue - USD Billion, 2020 - 2034)
Potato Chips
Extruded
Popcorn
Nuts & Seeds
Puffed
Tortillas
Others
Savory Snack Products, Flavor Outlook (Revenue - USD Billion, 2020 - 2034)
Barbeque
Spice
Salty
Plain/unflavoured
Others
Savory Snack Products, Distribution Channel Outlook (Revenue - USD Billion, 2020 - 2034)
Retail
Supermarkets & Hypermarkets
Convenience Stores
Online Stores
Others
Foodservices
Savory Snack Products, Regional Outlook (Revenue - USD Billion, 2020 - 2034)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Spain
Netherlands
Russia
Asia Pacific
China
India
Japan
Malaysia
South Korea
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
127 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. JAPAN Electrophysiology Mapping and Ablation Devices Market Insights
- 4.1. Electrophysiology Mapping and Ablation Devices Market – Market Snapshot
- 4.2. Electrophysiology Mapping and Ablation Devices Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising Demand for Advanced Rhythm Management Tools in Both Hospital and Ambulatory Settings
- 4.2.1.2. Increasing Burden of Cardiac Conditions
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Risk of Complications During or After the Procedure
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Electrophysiology Mapping and Ablation Devices Market Trends
- 4.6. Value Chain Analysis
- 5. JAPAN Electrophysiology Mapping and Ablation Devices Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. JAPAN Electrophysiology Mapping and Ablation Devices Market, by Product, 2020-2034 (USD Billion)
- 5.3. Mapping & Lab Systems
- 5.3.1. JAPAN Electrophysiology Mapping and Ablation Devices Market, by Mapping & Lab Systems, by Region, 2020-2034 (USD Billion)
- 5.4. Diagnostic Catheters
- 5.4.1. JAPAN Electrophysiology Mapping and Ablation Devices Market, by Diagnostic Catheters, by Region, 2020-2034 (USD Billion)
- 5.5. Ablation Catheters
- 5.5.1. JAPAN Electrophysiology Mapping and Ablation Devices Market, by Ablation Catheters, by Region, 2020-2034 (USD Billion)
- 5.6. Accessory Devices
- 5.6.1. JAPAN Electrophysiology Mapping and Ablation Devices Market, by Accessory Devices, by Region, 2020-2034 (USD Billion)
- 5.7. Transseptal Needles
- 5.7.1. JAPAN Electrophysiology Mapping and Ablation Devices Market, by Transseptal Needles, by Region, 2020-2034 (USD Billion)
- 5.8. Navigational Accessories
- 5.8.1. JAPAN Electrophysiology Mapping and Ablation Devices Market, by Navigational Accessories, by Region, 2020-2034 (USD Billion)
- 6. JAPAN Electrophysiology Mapping and Ablation Devices Market, by Procedure
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. JAPAN Electrophysiology Mapping and Ablation Devices Market, by Procedure, 2020-2034 (USD Billion)
- 6.3. EP Ablation Procedures
- 6.3.1. JAPAN Electrophysiology Mapping and Ablation Devices Market, by EP Ablation Procedures, by Region, 2020-2034 (USD Billion)
- 6.4. Stand-Alone EP Diagnostic Procedures
- 6.4.1. JAPAN Electrophysiology Mapping and Ablation Devices Market, by Stand-Alone EP Diagnostic Procedures, by Region, 2020-2034 (USD Billion)
- 7. Competitive Landscape
- 7.1. Expansion and Acquisition Analysis
- 7.1.1. Expansion
- 7.1.2. Acquisitions
- 7.2. Partnerships/Collaborations/Agreements/Exhibitions
- 8. Company Profiles
- 8.1. Abbott
- 8.1.1. Company Overview
- 8.1.2. Financial Performance
- 8.1.3. Product Benchmarking
- 8.1.4. Recent Development
- 8.2. Biotronik SE & Co KG
- 8.2.1. Company Overview
- 8.2.2. Financial Performance
- 8.2.3. Product Benchmarking
- 8.2.4. Recent Development
- 8.3. Boston Scientific Corporation
- 8.3.1. Company Overview
- 8.3.2. Financial Performance
- 8.3.3. Product Benchmarking
- 8.3.4. Recent Development
- 8.4. Micropace Pty Ltd
- 8.4.1. Company Overview
- 8.4.2. Financial Performance
- 8.4.3. Product Benchmarking
- 8.4.4. Recent Development
- 8.5. Johnson & Johnson
- 8.5.1. Company Overview
- 8.5.2. Financial Performance
- 8.5.3. Product Benchmarking
- 8.5.4. Recent Development
- 8.6. Koninklijke Philips N.V.
- 8.6.1. Company Overview
- 8.6.2. Financial Performance
- 8.6.3. Product Benchmarking
- 8.6.4. Recent Development
- 8.7. Medtronic
- 8.7.1. Company Overview
- 8.7.2. Financial Performance
- 8.7.3. Product Benchmarking
- 8.7.4. Recent Development
- 8.8. Mindray
- 8.8.1. Company Overview
- 8.8.2. Financial Performance
- 8.8.3. Product Benchmarking
- 8.8.4. Recent Development
- 8.9. Siemens Healthineers
- 8.9.1. Company Overview
- 8.9.2. Financial Performance
- 8.9.3. Product Benchmarking
- 8.9.4. Recent Development
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