This report studies the global market size of Savory Snacks in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Savory Snacks in these regions.
This research report categorizes the global Savory Snacks market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
Savory snacks come under the snack foods category, which have a salty taste and are different from sweet snacks.
During 2017, the potato chips segment accounted for the largest share of the savory snacks market and will continue to dominate the market over the coming years. The increasing consumption of potato chips in developed regions like North America and Europe is one of the major factors driving this segment’s growth. Also, the change in consumer preferences has led to the introduction of several new flavors of potato chips, which will also contribute to this segment’s growth.
In terms of geography, North America led the global savory snacks market during 2017 and will continue to account for the maximum market shares until the end of 2023. Much of this market’s growth in the region is driven by the consumer’s need for convenient food items that can be consumed on-the-go. Busy lifestyles and product innovation will also aid in this market’s growth in countries like the US and Canada.
In 2017, the global Savory Snacks market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. The objectives of this study are to define, segment, and project the size of the Savory Snacks market based on company, product type, application and key regions.
The various contributors involved in the value chain of Savory Snacks include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Savory Snacks include
Intersnack Group GmbH
Hain Celestial Group
Want Want Holdings
Market Size Split by Type
Nuts and Seeds
Market Size Split by Application
Supermarkets and Hypermarkets
Market size split by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Savory Snacks market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Savory Snacks market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Savory Snacks manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Savory Snacks with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Savory Snacks submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Savory Snacks are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Savory Snacks market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.