Savory Snack Market

Report Highlights

The scope of this report is broad and covers different types of savory snack, along with the applications and major regions and countries. The market is broken down by types of savory snack, applications and regional markets. Revenue forecasts from 2019 to 2025 are given for each major type of savory snack, application, and regional market, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional savory snack markets; it explains the major market drivers of the global savory snack industry, current trends within the industry, major applications and the regional dynamics of the global savory snack market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global savory snack industry.

Report Includes

• 62 tables
• An up-to-date analysis of the global savory snack market.
• Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026.
• Estimation of market size and revenue forecast for global savory snack market, and corresponding market share analysis by type, application, and region for each market segment.
• Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for savory snack, identification of the companies that are best positioned to meet this demand.
• In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
• Identification of new products and products still in the development and their probability of successful commercial launch within the next five years
• Impact of COVID-19 on the savory snack market as compared to overall global economy.
• Insight into the growth development strategies of major savory snack manufacturers and their key competitive landscape
• Descriptive company profiles of the leading market participants, including PepsiCo, Kraft Foods, Kellogg & CALBEE, ConAgra Foods, Diamond Foods, General Mills, Arca Continental, and ITC.

Summary

The global savory snack market will grow from over $70 billion in 2020 to $87 billion by 2025 at a five-year CAGR of 4.5%. The market for a savory snacks is expected to grow, mainly due to huge popularity as they offer various benefits such as improved nutrition offered and promote digestion and additional energy supplied to survive hunger.

Various types of savory snacks are potato chips, extruded snacks, nuts & seeds, popcorn, others. Based on its channels, various savory snack is distributed through supermarket, hypermarket, convenience stores, service station, independent retailers and others.