UK savory snacks market is estimated to grow at a considerable CAGR during the forecast period. A significant number of the working-age population is one of the major factors accelerating market growth. As per the Office for National Statistics, Between April to June 2018 and April to June 2019, the estimated number of UK nationals working in the UK increased by 298,000 to 29.1 million and EU nationals working in the UK increased by 99,000 to 2.4 million. Additionally, non-EU nationals working in the UK increased by 34,000 to 1.3 million. The working-age population tends to prefer to eat small meals or snacks all over the day. This age group population increasingly prefer to eat cheese, nuts, and bakery items as snacks compared to any other age group. Therefore, the rising working-age population is supporting to drive the demand for savory snacks in the country.
The market is segmented based on product and distribution channel. Based on the product, the market is classified into extruded snacks, potato chips, nuts & seeds, meat snacks, popcorn, and others. UK is one of the major consumers of savory snacks, including snack nuts and potato chips. More than 400 different flavors of crisps sold in Britain ranging from the classic ready salted to exotic flavors such as Cranberry and Venison. Based on the distribution channel, the market is classified into conventional stores (offline) and online retail. Online retail is expected to grow with the fastest CAGR during the forecast period owing to the rising inclination towards online shopping coupled with the busy lifestyle of consumers.
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UK Savoury 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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Company Profiles
- Burts Potato Chips Ltd.
- Calbee Group UK Ltd.
- Cofresh Snack Foods
- Kolak Snack Foods Ltd.
- KP Snacks
- Mackle Food Co.
- Mondel?z International, Inc.
- Pepsico, Inc.
- Sunburst Snacks Ltd.
- The Kraft Heinz Co.
- TNA Europe Ltd.
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