How Big is the Savory Snacks Market? :
The latest report by IMARC Group, titled “Savory Snacks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the global market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global savory snacks market size reached US$ 129.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 175.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.
What is Savory Snacks? :
Savory snacks represent food products that have a spicy or salty flavor instead of a sweet profile. They are usually prepared by using several ingredients, such as fruits, nuts, grains, vegetable oil, seasonings, etc. They are rich in minerals, nutrients, vitamins, fibers, etc. Savory snacks are generally consumed in between meals in small quantities. Some of the most common types of product variants available in the market include potato and corn chips, popcorn, salted biscuits, pretzels, meat snacks, nuts, seeds, etc. They provide a quick source of energy. As such, savory snacks are widely accessible via online distribution channels.
Get Free Sample Copy of Report at – https://www.imarcgroup.com/savory-snacks-market/requestsample
Top Savory Snacks Brands Worldwide:
- Arca Continental
- S. A. B. de C. V.
- Calbee, Inc.
- Conagra Brands, Inc.
- General Mills Inc.
- Hain Celestial Group, Inc.
- Haldiram Foods International Pvt. Ltd
- Intersnack Group
- ITC Limited
- Kellogg Company
- Kraft Heinz Company
- Lamb Weston Holdings, Inc
- Premium Brands Holdings Corporation
- PepsiCo, Inc
Savory Snacks Market Trends, Growth and Demand Analysis:
The rising popularity of convenience and on-the-go food products, owing to the changing lifestyles and hectic schedules of the working population, is primarily driving the savory snacks market. Additionally, the growing consumer health concerns towards the risks of developing chronic diseases, including diabetes, cancer, obesity, etc., are propelling the demand for low-fat, gluten-free, organic, and protein-rich product variants, which is further bolstering the market growth. Besides this, the widespread adoption of meat-based snacks, such as lean beef or turkey, to satiate appetite, energize, improve muscle mass, etc., is acting as another significant growth-inducing factor.
Moreover, the increasing usage of aggressive marketing campaigns by leading manufacturers is positively influencing the global market. Apart from this, the inflating disposable income levels of individuals and extensive investments in R&D activities to enhance production processes are also catalyzing the market growth. Furthermore, the introduction of attractive packaging solutions is expected to fuel the savory snacks market over the forecasted period
Do you know more information, Contact to our analyst at- https://www.imarcgroup.com/savory-snacks-market
Key Market Segmentation:
Breakup by Product:
- Potato Chips
- Extruded Snacks
- Nuts and Seeds
- Popcorn
- Meat Snacks
- Others
Breakup by Category:
- Baked
- Fried
- Others
Breakup by Distribution Channel:
- Supermarkets/Hypermarkets
- Specialty Stores
- Online Stores
- Convenience Stores
- Others
Breakup by Sales:
- Retail Sector
- Foodservice Sector
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
