Savory Snacks Market Growth, Analysis Report, Share, Trends and Overview 2022-2028

The global savory snacks market is estimated to record a substantial CAGR of 6.5% during the forecast period. A new trend in snackification is the shift of consumers toward healthy snacking habits, which gave way for “Better-for-You” snacking options rather than chips or other snacks made of potato, corn, and other less nutritious ingredients. For early and mid-morning snacks, customers are looking for nourishment, thus prefer fruit snacks and coffee. In the afternoon, consumers are looking for optimization with cut fruits, vegetables, and nuts. Millennial consumers are a tremendously influential segment of the Better-for-You” snack market, with increasing spending power, which will accelerate the other snacking options, such as fruits, vegetables, nuts, and seeds in the next few years.

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However, with the growing demand for natural snacking options and new product innovations, the market for fruits, vegetables, and nuts as an on-the-go-snacking option is predicted to witness a wide range of opportunities during the forecast period, which is expected to hinder the savory snack market.

Market Coverage

  • The market number available for – 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered- by Product and Distribution Channel
  • Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
  • Competitive Landscape- PepsiCo, Inc., the Kraft Heinz Co., General Mills, Inc., and ConAgra Brands

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Key questions addressed by the report

  • What is the market growth rate?
  • Which segment/region dominates the market in the base year?
  • Which segment/region will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o             Recovery Timeline

o             Deviation from the pre-COVID-19 forecast

o             Most affected region/segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Savory Snacks Market Report Segment

By Product

  • Extruded Snacks
  • Potato Chips
  • Nuts & Seeds
  • Meat Snacks
  • Popcorn
  • Others

By Distribution Channel

  • Conventional Stores (Offline)
  • Online Retail

Savory Snacks Market– Segment by Region

North America          

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

Company Profiles

  • Arca Continental, S.A.B. De C.V.
  • Aryzta AG
  • Balaji Wafers Pvt. Ltd.
  • Blue Diamond Growers
  • Calbee, Inc.
  • Campbell Soup Co.
  • Conagra Brands, Inc.
  • General Mills, Inc.
  • Grupo Bimbo
  • Haldiram Foods International Pvt. Ltd.
  • Herr Foods, Inc.
  • Intersnack Group Gmbh& Co. KG
  • ITC, Ltd.
  • JFC International

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