Press release
Global Snacks Market is expected to mask an CAGR of 2.1% during the projected period 2023
The Global Snacks Market was totaled at USD 387 Billion in 2017 and is expected to mask an CAGR of 2.1% during the projected period. The market of snacks is expected to thrive on the back of factors such as rapid urbanization, changing consumer’s lifestyles and others. Additionally, ready to eat food products are one of the hot trends in food industry. Further, rising preference among consumers for eating on-the-go is also augmenting the demand for packaged snacks globally. Over the time packaged snacks has become tastier and their experience is more pleasurable than ever, which is why consumer are adopting packaged snacks as a solution to their busy lifestyles. Further, availability of snacks products through different distribution channels and growing online retailing industry are expected to encourage the growth of global snacks market in near future.
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The report begins with an overview for Snacks Market. The research report broadly covers analysis of key market drivers, challenges, opportunities and trends. The study also provides separate analysis to understand market size, projections and macroeconomic indicators of global regions that affects the market share. The report also offers an extensive coverage of various industry players along with their recent product launches and market activities. The report also goes through porter’s five analyses for getting a better understanding about the forces that shape competition within the industry. There is a timeline considered for useful analysis i.e. 2017 is considered as base year, 2018 as estimated year and 2019-2023 as forecasted year. The market is divided into various segments and further sub-segments to drive the useful insights that can be utilized for company revenue growth and business.
The Snacks Market is segmented on the basis of
By Product Type
- Salty Snacks
- – - Potato Chips
- – - Tortilla Chips
- – - Popcorns
- – - Other Salted Snacks
- Refrigerated Snacks
- – - Yogurt
- – - Cheese Snacks
- – - Pudding
- – - Others
- Confections
- – - Chocolate Confectionery
- – - Sugar Confectionery
- – - Gum
- – - Cereal Bars
- – - Others
- Vegetables & Fruit Snacks
- Bakery Snacks
- Others
By Distribution Channel
- Supermarket/Hypermarket
- Convenience Stores
- Independent Retailers
- Online Stores
- Others
The research also does a separate geographical analysis that comprises both the region wise and country wise analysis. The geography covered in the report is North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe) , Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific) Latin America (Brazil, Mexico, Argentina and Rest of Latin America) and Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa). As per the report, Asia Pacific is likely to be the market giant in the upcoming years.
Considering the competition, the major vendors providing Snacks Market across the globe are
- Ferrero Group
- Nestle SA
- Hershey Food Corp
- Mars Incorporated
- Parle Products
- Cadbury
- Mondelēz International
- Petra Foods
- Crown Confectionery
- Brookside Foods
- Other Major & Niche Key Players
These vendors have adopted various types of organic and inorganic growth strategies, such as new product launches, business expansions, partnerships and collaborations, and mergers and acquisitions, to expand their offerings and further expand their presence in the Snacks Market.
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Table of Content:
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Snacks Market
3. Global Snacks Market Trends
4. Opportunities in Global Snacks Market
5. Recent Industry Activities, 2017
6. Porter’s Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Snacks Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)
9. Global Snacks Market Segmentation Analysis, By Product Type
9.1. Introduction
9.2. Market Attractiveness, By Product Type
9.3. BPS Analysis, By Product Type
9.4. Salty Snacks Market Size & Forecast (USD Million), 2017-2023
9.4.1. Potato Chips Market Size & Forecast (USD Million), 2017-2023
9.4.2. Tortilla Chips Market Size & Forecast (USD Million), 2017-2023
9.4.3. Popcorns Market Size & Forecast (USD Million), 2017-2023
9.4.4. Other Salted Snacks Market Size & Forecast (USD Million), 2017-2023
9.5. Refrigerated Snacks Market Size & Forecast (USD Million), 2017-2023
9.5.1. Yogurt Market Size & Forecast (USD Million), 2017-2023
9.5.2. Cheese Snacks Market Size & Forecast (USD Million), 2017-2023
9.5.3. Pudding Market Size & Forecast (USD Million), 2017-2023
9.5.4. Others Market Size & Forecast (USD Million), 2017-2023
9.6. Confections Market Size & Forecast (USD Million), 2017-2023
9.6.1. Chocolate Confectionery Market Size & Forecast (USD Million), 2017-2023
9.6.2. Sugar Confectionery Market Size & Forecast (USD Million), 2017-2023
9.6.3. Gum Market Size & Forecast (USD Million), 2017-2023
9.6.4. Cereal Bars Market Size & Forecast (USD Million), 2017-2023
9.6.5. Others Market Size & Forecast (USD Million), 2017-2023
9.7. Vegetables & Fruit Snacks Market Size & Forecast (USD Million), 2017-2023
9.8. Bakery Snacks Market Size & Forecast (USD Million), 2017-2023
9.9. Others Market Size & Forecast (USD Million), 2017-2023
10. Global Snacks Market Segmentation Analysis, By Distribution Channel
10.1. Introduction
10.2. Market Attractiveness, By Distribution Channel
10.3. BPS Analysis, By Distribution Channel
10.4. Supermarket/Hypermarket Market Size & Forecast (USD Million), 2017-2023
10.5. Convenience Stores Market Size & Forecast (USD Million), 2017-2023
10.6. Independent Retailers Market Size & Forecast (USD Million), 2017-2023
10.7. Online Stores Market Size & Forecast (USD Million), 2017-2023
10.8. Others Market Size & Forecast (USD Million), 2017-2023
Continue…
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