Savory snacks Market 2018; Projected to Grow Radiantly in Food Market| Top Players Revenue by 2023

Market Definition:
Savory snacks are produced using various raw materials including vegetables, fruits, tree nuts, grains, vegetable oils and seasonings. Most popular form of savory snacks include corn chips/ tortillas, puffed and baked snacks, savory biscuits and others. Growth in the “on-the-go” convenience market has fueled the demand for savory snacks market on a global platform. Increased demand for savory snacks from the Asia Pacific region is anticipated to support the rising sales of savory snacks, globally.

Market Scenario:
Mounting growth rate of savory snacks including savory chips in the developing countries, is increasing the demand the product across the region. Shift in consumers’ food consumption trend is also anticipated to attract the consumers towards the range available in savory snacks. Moreover, convenience packed food products created a demand for improved savory snacks product line, which has positively impacted the market growth of savory snacks.

Get a Unique Sample Report @ https://www.marketresearchfuture.com/sample_request/1055

Furthermore, focus on the R&D and investments in the same have led to new product launch in the range, which has further added to the growth of this market. Additionally, improvement in the production process and development of improved products from the major key players is supporting the growth of the global savory snacks market during the forecast period, 2017-2023.

Key Players:
Some of the key players profiled in the global savory snacks market are PepsiCo (U.S.), Kraft Foods Group, Inc. (U.S.), ConAgra Foods, Inc. (U.S.), CALBEE, Inc. (Japan), Diamond Foods, Inc. (U.S.), and General Mills, Inc. (U.S.). Intersnack Group GmbH & Co. KG (Germany), Lorenz Bahlsen Snack-World Group (Germany), Kellogg Company (U.S.), and Orkla ASA (Norway) are among others

Intended Audience:
Savory Snacks Manufacturers
Confectionery Manufacturers
Convenience Food Manufacturers
Retailers and Wholesalers
Traders, importers, and exporters

Key Findings:
North America region is experiencing a high demand for savory snacks as a potential “on-the-go” convenience food product.
Jan 2018, in order to generate high revenue from the savory snacks segment, Barnana launched its new organic ridged plantain chips and entered into the salty snacks market.
Segments:

The global Savory Snacks Market is segmented on the basis of type, and distribution channel.

On the basis of the type, it is segmented into potato chips, processed snacks, popcorn, nuts and others. Among all, the potato chips segment is dominating the market owing to its high preference by the consumers. However, processed snacks segment is projected to witness high growth rate during the review period due to the shift in consumers’ food preferences.

On the basis of distribution channel, it is segmented into store-based and non-store based. Among all, the store based segment is dominating the market given to convenience shopping and one-stop shopping experience. However, changing global scenario and rapid adoption of technology by the consumers’ will support the sales of savory snacks through e-commerce on a global platform.

Regional Analysis:
The global savory snacks market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating the savory snacks market followed by Europe. U.S., in the North American region is witnessing a high demand for savory snacks from the convenience food products manufacturers. Moreover, increased consumption for processed snacks, savory biscuits, and chips in China, India and Japan is supporting the growth of the savory snacks market in Asia Pacific region.

Asia Pacific is the fastest growing region for savory snacks market owing to increasing demand for the product in the markets of India, Indonesia, and Japan.

The global savory snacks market is segmented into the following regions

North America

U.S.
Canada
Mexico
Europe

Germany
France
Italy
Spain
U.K
Rest of Europe
Access Report Details @ https://www.marketresearchfuture.com/reports/savory-snacks-market-1055

Asia Pacific

China
India
Australia
Japan
Rest of Asia Pacific
Rest of the world

Brazil
Argentina
South Africa
Others

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.