Global savory snacks market is expected to achieve $166.6 billion value by 2020
8
Global Savory Snacks Market is expected to achieve $166.6 billion value by 2020 Published: April 2015 Available Format: PDF No. of Pages: 93 Write to: [email protected](or) Call US/ Canada toll-free:1-888-778-7886 https://www.psmarketresearch.com
Global savory snacks market is expected to achieve $166.6 billion value by 2020
1. Global Savory Snacks Market is expected to achieve $166.6
billion value by 2020 Published: April 2015 Available Format: PDF
No. of Pages: 93 Write to: [email protected] (or) Call
US/ Canada toll-free:1-888-778-7886
https://www.psmarketresearch.com
2. Global Savory Snacks Market is expected to achieve $166.6
billion value by 2020 P&S Market Research releases a new
research report with market overview, trends, DRO analysis, market
segmentation, market size, share, forecast, porter analysis, recent
developments, competitive scenario and top competitor profiles in:
Global Industry Insight: Savory Snacks Market Development and
Demand Forecast to 2020 Explore detailed TOC and Scope of the
report: https://www.psmarketresearch.com/market-
analysis/savory-snacks-market The global savory snacks market is
being driven by the rising urbanization, increasing per capita
income (especially in developing countries), and changing food
culture. The high growth of savory snacks market in Asia-Pacific
region is mainly coming from the increasing demand from China and
India, as they constitute large part of the global and regional
population. The healthier alternatives to savory snacks such as
bakery products, fresh fruits, and juices are hindering the market
growth which is compelling companies to offer healthier snacking
options. The demand for small pack sizes have been increasing
considerably in certain countries, such as India and Mexico, due to
increasing consumption from lower income groups and demographic
changes. https://www.psmarketresearch.com
3. Global Savory Snacks Market is expected to achieve $166.6
billion value by 2020 People are demanding varieties in snacks,
which is encouraging companies to launch new products. Several
companies have been announcing the launch of products with new
tastes, flavours, and shapes to maintain their competitiveness in
the market. Moreover, customers increasing inclination towards
organic foods is compelling the savory snack companies to innovate
their products for customer retention. Enquiry Before Purchase:
https://www.psmarketresearch.com/enquiry-
form.php?enqid=97&title=Enquiry%20before%20purchase In 2014,
PepsiCo launched several new savory snacks including a tube-shaped
chip dipping snack TostiTos-Rolls, and a skeleton shaped snack
Cheetos Bag of Bones. During the same year, Orkla re-launched
KiMsElias salty snacks for children in a new design. General Mills
announced to launch 50 new products in January 2015, including a
gluten-free snack bar Food Should Taste Good Real Good Bar. Also,
in 2013, PepsiCo launched four variants of sweet and savory bread
snack Stacys Bake Shop Bakery Crisps, and a French-fry shaped
crispy fries under its brand Ruffles. During the same year, ConAgra
launched a ready-to-eat popcorn snack Pop Crunch, and Kellogg
launched three flavours of Pringles Stix (a snack with playful
shape). https://www.psmarketresearch.com
4. Global Savory Snacks Market is expected to achieve $166.6
billion value by 2020 Earlier snacks were considered as a break
time light food. However, in the recent times people have been
increasingly eating them between the meals. Snacks are being
considered as fourth meal of the day in U.S. Americans are
forerunners amongst the snack eaters between the meals as they love
to snack everywhere from theater, to workplace, to car, and even on
the subway. A similar culture exists in Brazil, where snack is a
part of breakfast. U.K. is the forerunner in snack consumption
across Europe. According to a food research company, U.K. people
snack 825 times a year as compared to the 807 times of the European
consumers average. People in the age group 6years to 24 years are
the largest savory snack consumers in U.K. The increasing numbers
of supermarkets and hypermarkets coupled with growing per capita
income is encouraging people for bulk buying of savory snacks,
which is mostly offered by the large scale retail. Convenience
stores are another format which is growing at global level due to
peoples growing demand for convenience.
https://www.psmarketresearch.com
5. Global Savory Snacks Market is expected to achieve $166.6
billion value by 2020 Savory snacks are consumed by the European
population at several eating occasions across all age groups. The
French population mostly consumes savory snacks as an aperitif,
while the Germans even include them in their meals. The British
mostly eat them as on-the-go snack for quick energy. The U.K. leads
the savory snacks market in Europe; however, it is not the largest
consumer in terms of per capita consumption. Countries such as
Netherlands, Norway and Spain have a greater per capita consumption
of savory snacks as compared to their British counterparts.
According to European Snacks Association (ESA), the average annual
per capita savory snacks consumption in Europe is about 3.6
kilogram. The global savory snacks market has a fragmented
structure with a large number of compnies. The major companies in
the market include PepsiCo., Kraft Foods, ConAgra Foods, CALBEE,
Diamond Foods, General Mills, Intersnack Group GmbH, Lorenz
Bahlsen, Kellogg company, and Orkla ASA. Request for Report Sample:
https://www.psmarketresearch.com/enquiry-
form.php?enqid=97&title=Report%20sample
https://www.psmarketresearch.com
6. Global Savory Snacks Market is expected to achieve $166.6
billion value by 2020 Savory Snacks Market Segmentation Savory
Snacks by segment Potato Chips Processed Snacks Popcorn Nuts Others
Savory Snacks market share by distribution channel Supermarkets/
Hypermarkets Independent Retailers Convenience Stores Service
Stations Specialist Others https://www.psmarketresearch.com
7. Global Savory Snacks Market is expected to achieve $166.6
billion value by 2020 Geographical Segmentation Savory Snacks
market by region: North America The U.S. Canada Others Europe U.K.
Germany Spain France Others Asia-Pacific Japan China India South
Korea Others Rest of the World (ROW) Mexico Brazil Others
https://www.psmarketresearch.com
8. Global Savory Snacks Market is expected to achieve $166.6
billion value by 2020 About Us P&S Market Research is a global
market research and consulting company. We provide market research
reports, industry reports, business intelligence and research based
consulting services across a range of industries. With the help of
our professional corporate relations with various companies, our
market research offers the most accurate market forecasting. Our
analysts and consultants interact with leading companies of the
concerned domain to substantiate every single data presented in our
publication. Our research assists our client in identifying new and
different windows of opportunity and frame informed and customized
strategies for expansion in different regions. Contact: Ms Somya
347, 5th Ave. #1402 New York City, NY - 10016 Email:
[email protected] US/ Canada Toll-Free: 1-888-778-7886
Web: https://www.psmarketresearch.com
https://www.psmarketresearch.com