Savory Snacks Market report is based on robust research methodology designed using blend of research ap-proaches developed using secondary/desk research and validated through the primary research and expert insights. Eternity Insights also uses paid data bases such as FACIVA, Hoovers, and other bench-marking and forecasting tools to provide accurate statistical analysis of supply and demand trends.
The savory snacks market is driven by increasing demand for convenient food products with an on-the-go trend for snacking which is low in sugar, and high in protein. Also, manufacturers in the market have been offering innovative and diverse product range in terms of new flavor profiles, ingredients, shapes, and packaging to gain consumer.
There exists a huge opportunity for new product developments and innovations in the market. Also, the regional players are expected to increase their market penetration with improved retail landscape and marketing strategies.
However, the market faces challenges as consumer preference for healthy snacks are increasing i.e., reduced fat and sodium content. Also, the high acrylamide content has become major concern for manufacturers, as consumers demand transparency about the ingredients used and label claims.
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Scope of the Report
Savory snacks are snack food products which has a salty or spicy flavour. The global savory snacks market is segmented by product type into potato chips, extruded snacks, nuts & seeds, popcorn, meat snacks, and others. By distribution channel, the market is segmented into supermarkets/hypermarkets, specialist retailers, convenience stores, online channels, and others.
Global Savory Snacks Market Segmentation:
Savory Snacks Market, By Product
- Potato Chips
- Corn & Tortilla Chips
- Nuts & Seeds
- Popcorn
- Pretzels
- Extruded Snacks
- Meat Snacks
- Others
Savory Snacks Market, By Distribution Channel
- Hypermarkets & Supermarkets
- Convenience Stores
- Online
- Others
Market Players Competitor Analysis:
- The market is driven by increasing demand for convenient food products with an on-the-go trend for snacking options, particularly growing preference for meat-based snacks.
- Savory snack manufacturers have been coming up with diversified product offerings in terms of new flavor profiles and shapes to gain consumer attention.
- There exists huge opportunity among the companies with new product developments and innovations. Also, the regional players are expected to increase their market penetration with improved retail landscape and marketing strategies
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List of Companies Profiled in the report:
- Mars
- Mondelez International
- PepsiCo
- Nestle
- Kraft Heinz
- ConAgra Foods
- Calbee
- General Mills
- Arca Continental
- Kellogg Company
- Universal Robina
- Diamond Foods
- Intersnack Group
- Lorenz Bahlsen
- Orkla ASA
- Lamb Weston
- McCain Foods
- Hain Celestial Group
- Three Squirrels
- Hefei Huatai Food Co
- Bestore Food Co
- Lai Yi Fen
- Gangyuan Food
- Gilim
- GarudaFood
- Dua Kelinci
- Tong Garden Food
- Growers Food Industries
- Mae-Ruay (Koh-Kae)
- Other Players of Specific Interest can be added based on the requirement
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Key Benefits to the Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) and volume (Tons) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
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