Market Share of North America Snack Food Industry
The North American snack food market facilitates its operation in a highly competitive market. This is due to the presence of several global players in this segment. The major players in the North American snack food market are PepsiCo Inc., Kellogg Company, Nestle SA, Conagra brands, and General Mills Inc. The market has a presence of various regional players, and most of them are privately owned, such as Kind Snacks in the United States.
Emphasis is given to the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. For instance, in 2022, Beyond Meat and Pepsico launched plant-based jerky, the first snack made under their partnership. It contains 10 grams of protein per serving and is available in three varieties: Original, Hot & Spicy, and Teriyaki.
North America Snack Food Market Leaders
Kellogg Company
PepsiCo Inc.
Nestle S.A.
General Mills Inc.
Conagra Brands
*Disclaimer: Major Players sorted in no particular order
