The North American savory snacks market is anticipated to grow at a CAGR of 3.8% during the forecast period. The savory snack market continues to grow in the North American region as the consumers continue to prioritize the portability, convenience, and indulgence offered by the savory snacks. The growth of savory snacks is driven by consumers, who want to be offered exotic products without minding the nutritional value, like potato chips, puffed snacks, or savory biscuits.
The North American savory snacks market is segmented based on product and distribution channels. Based on the product, the savory snacks market is segmented into extruded snacks, potato chips, nuts & seeds, meat snacks, popcorn, and others. The distribution channel segment includes conventional stores (offline) and online retail. Owing to their tailor-made approach; customized and specific products, the demands for healthier snacks have prompted enhanced sales in specialty stores/conventional stores (offline). Specialty stores also offer innovative varieties of savory snacks for indulgence.
Country-wise, the North America savory snacks market is bifurcated into the US and Canada. Canada is expected to perceive the highest growth rate in North America. The increasingly busy consumers continue to shift toward informal, on-the-go food, like chips and savory biscuits, that results in the growth of the savory snacks market. Among the Canadian population, savory snacks are the most consumed snacks by men, while women preferred fruit as a healthier option. This shows an opportunity for the manufacturer to innovate products, which are healthy and have high nutritional value.
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North American Savory Snacks Market Segmentation
By Product
- Extruded Snacks
- Potato Chips
- Nuts & Seeds
- Meat Snacks
- Popcorn
- Others
By Distribution Channel
- Conventional Stores (Offline)
- Online Retail
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Regional Analysis
- The US
- Canada
Company Profiles
- B&G Foods, Inc.
- Calbee, Inc.
- Campbell Soup Co.
- Clif Bar & Company
- Conagra Brands, Inc.
- Herr Foods, Inc.
- J&J Snack Foods Corp.
- JFC International
- Kraft Foods PLC
- Lamb Weston Holdings, Inc.
- McCain Foods, Ltd.
- Mondelez International, Inc.
- Neal Brothers Foods Inc.
- Premium Brands Holdings Corp.
- Ruiz Food Products, Inc.
- Shearer’s Foods, LLC
- The Hain Celestial Group, Inc.
- The Hershey Co.
- The Wonderful Company LLC
- Utz Quality Foods, Inc.
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