Global Sweet and Savory Snacks Market Industry 2024

A latest report has been added to the wide database of Sweet and Savory Snacks Market by Infinium Global Research. This report studies the Sweet and Savory Snacks Market by product type (crisps and chips, extruded snacks, popcorn, nut based snacks, and other snacks), distribution channel (supermarkets/hypermarkets, convenience stores, service stations, online and other distribution channels) market status and outlook of global and major regions, from manufacturers, and end industries. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. Sweet and Savory Snacks Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major companies in the Sweet and Savory Snacks Market.

Market Insights

The global market size of sweet and savory snacks was worth USD 144.0 billion and it is projected to reach to USD 219.6 billion in 2024. In terms of volume, it is projected to reach to 148.35 MMT in 2024 expanding from 104.94 MMT in 2017. The growth in this market is primarily driven by factors such as changing lifestyles of the consumers worldwide, increasing snacking among the youth and new product launches among others. On the other hand, growing obesity concerns among the consumers, especially, from the developed countries of Europe and North America are likely to hinder the growth in this market over the forecast period. In addition, fluctuations in the raw material prices are likely to restrain the growth in this market over the forecast period.

The Global Trend of Preference for Organic Food is Likely to Drive the Demand for Organic Snacks over the Forecast Period

This in turn, is anticipated to augment the opportunities in the global sweet and savory snacks market over the next six years. Among the regions, the North America region accounted for the largest market share in 2017, while the Asia-pacific region accounted for the second largest market for sweet and savory snacks. Growing geriatric population in Europe is one of the primary reasons for the sluggish growth in the European sweet and savory snacks market. The significant rise in population of youth and growing disposable income per capita is likely to augment the growth in the Asia-Pacific region over the next six years. As a result the sweet and savory market in the Asia-Pacific region is projected to grow at the highest CAGR among the regions in the world market over the forecast period.

Segment Covered in this Premium Report

The report on global sweet and savory snacks market covers segments such as, product type and distribution channel.  On the basis of product type the global sweet and savory snacks market is categorized into crisps and chips, extruded snacks, popcorn, nut based snacks, pretzels, fruit snacks and other snacks. On the basis of distribution channel the global sweet and savory snacks market is categorized into supermarkets/hypermarkets, convenience stores, service stations, dollar stores, department stores, online and other distribution channels.

Asia-Pacific Region is projected to Grow at the Highest CAGR among the Regions in the World Market over the Forecast Period

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2018-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China.  The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2016-2024.

Major Key Players Mentioned in this Research Report

The report provides profiles of the companies in the global sweet and savory snacks market such as, PepsiCo, Diamond Foods Inc., Golden Wonder, Procter & Gamble, The Hain Celestial Group, ITC Limited, Kellogg Company, ConAgra Brands Inc. and Jack Link’s Beef Jerky.

Table of Content:

1. Preface

1.1.   Report Description

1.2.   Research Methods

1.3.   Research Approaches

2. Executive Summary

3. Global Sweet and Savory Snacks Market Overview

3.1.   Introduction

3.2.   Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3.   Porter’s Five Forces Analysis

3.4.   IGR-Growth Matrix Analysis

3.5.   Competitive Landscape in the Global Sweet and Savory Snacks Market

4. Global Sweet and Savory Snacks Market by Product Type

4.1.   Crisps and Chips

4.2.   Extruded Snacks

4.3.   Popcorn

4.4.   Nut Based Snacks

4.5.   Pretzels

4.6.   Fruit Snacks

4.7.   Other Snacks

5. Global Sweet and Savory Snacks Market by Distribution Channel

5.1.   Supermarkets/Hypermarkets

5.2.   Convenience Stores

5.3.   Service Stations

5.4.   Dollar Stores

5.5.   Department Stores

5.6.   Online

5.7.   Other Distribution Channels

6. Global Sweet and Savory Snacks Market by Region 2018-2024

6.1.   North America

6.1.1.1. North America sweet and savory snacks market by Product Type

6.1.1.2. North America sweet and savory snacks market by Distribution Channel

6.1.1.3. North America sweet and savory snacks market by Country

6.2.   Europe

6.2.1.1. Europe sweet and savory snacks market by Product Type

6.2.1.2. Europe sweet and savory snacks market by Distribution Channel

6.2.1.3. Europe sweet and savory snacks market by Country

6.3.   Asia-Pacific

6.3.1.1. Asia-Pacific sweet and savory snacks market by Product Type

6.3.1.2. Asia-Pacific sweet and savory snacks market by Distribution Channel

6.3.1.3. Asia-Pacific sweet and savory snacks market by Country

6.4.   RoW

6.4.1.1. RoW sweet and savory snacks market by Product Type

6.4.1.2. RoW sweet and savory snacks market by Distribution Channel

6.4.1.3. RoW sweet and savory snacks market by Sub-Region

7. Company Covered

7.1.   Pepsico

7.2.   Diamond Foods Inc.

7.3.   Golden Wonder

7.4.   Procter & Gamble

7.5.   The Hain Celestial Group

7.6.   Itc Limited

7.7.   Kellogg Company

7.8.   Conagra Brands Inc.

7.9.   Jack Link’s Beef Jerky

Browse Detailed Description and Company Mentioned in this Report @ https://www.infiniumglobalresearch.com/food_beverage/sweet_and_savory_snacks_market

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