Savory Snacks Market - Growth, Trends and Forecasts (2020 - 2025)

Global Savory Snacks Market is segmented by Product Type (Potato Chips, Extruded Snacks, Nuts and Seeds, Popcorn, Meat Snacks, and Others); by Distribution Channel (Supermarket/hypermarket, Convenience Store, Specialty Stores, Online Stores, and Others; and by Geography.

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

Fastest Growing Market:

Asia Pacific

Largest Market:

North America

CAGR:

4.2 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The global savory snacks market is forecasted to record CAGR 4.2% during the forecast period (2020-2025).

  • 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

Scope of the Report

The global savory snacks market is segmented by product type, is available for 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. It also provides an analysis of the savory snack market in the emerging and established geographical regions by covering regions, such as North America, Europe, South America, Asia-Pacific, and Africa.

By Product Type
Potato Chips
Extruded Snacks
Nuts and Seeds
Popcorn
Meat Snacks
Others
By Distribution Channel
Supermarkets/Hypermarkets
Specialty Stores
Online Store
Convenience Stores
Other Distribution Channels
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
South Africa
United Arab Emirates
Rest of Middle East and Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Growing Popularity for Meat-based Snacks

With the growing consumer awareness regarding healthy snacking habits, consumers are looking for something that has more substance or staying power than chips and candies. This makes way for the inclusion of protein-rich snacks, such as lean beef or turkey, in regular diet, which, in turn, enables the players in the market to come up with more meat-based snacking options.

Traditionally, meat snacks were typically carried in convenience stores, but as more consumers demanded healthier and leaner snacks, the more the retail channels are selling them. High market penetration and growing consumer demand for meat snacks are expected to drive the overall demand for savory snacks.

To understand key trends, Download Sample Report

North America holds the Maximum Share in the Global Savory Snacks Market

Global 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 tasty products without minding the nutritional value, like potato chips, puffed snacks, or savory biscuits. The Frito Lay Corporation dominates the savory snack food sector, whereas, Chips/crisps and tortilla/corn chips are the two most popular snack selections of American consumers, with chips/crisps capturing the highest value sales. Consumer preferences for snacking in Western Europe have changed over the years, with a growing preference for health base snacks.

To understand geography trends, Download Sample Report.

Competitive Landscape

The company continues to innovate with both flavor and texture and has been effective in marketing these innovations to consumers. The major players include General Mills, ConAgra Foods, ITC Limited, The Kelloggs Company, and PepsiCo Inc. In Asia-Pacific, every country in the region has a large concentration of small regional players accounting for the majority of category sales. 

You can also purchase parts of this report. Do you want to check out a section wise price list?

Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Potato Chips

      2. 5.1.2 Extruded Snacks

      3. 5.1.3 Nuts and Seeds

      4. 5.1.4 Popcorn

      5. 5.1.5 Meat Snacks

      6. 5.1.6 Others

    2. 5.2 By Distribution Channel

      1. 5.2.1 Supermarkets/Hypermarkets

      2. 5.2.2 Specialty Stores

      3. 5.2.3 Online Store

      4. 5.2.4 Convenience Stores

      5. 5.2.5 Other Distribution Channels

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Spain

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 Germany

        4. 5.3.2.4 France

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Russia

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East and Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 United Arab Emirates

        3. 5.3.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 ConAgra Brands Inc.

      2. 6.4.2 General Mills Inc.

      3. 6.4.3 Mondelez International

      4. 6.4.4 ITC Limited

      5. 6.4.5 PepsiCo

      6. 6.4.6 The Kelloggs Company

      7. 6.4.7 Arca Continental

      8. 6.4.8 Calbee Foods Co Ltd

  7. *List Not Exhaustive
  8. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

** Subject to Availability

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Related Reports