The US Snacking Market 2021 Insights and Business Scenario – Nestle SA, PepsiCo, Inc., General Mills Inc., and Kellogg's

The US Snacking Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. Report analyses the post-COVID-19 (Corona Virus) impact on the product industry chain based on the upstream and downstream markets, on various regions and major countries and on the future development of the industry are pointed out.

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The 105 pages report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global The US Snacking Market: Nestle SA, PepsiCo, Inc., General Mills Inc., and Kellogg's and others.

Industry News and Updates:

Nestlé USA Partners with Start-ups Disrupting the Healthy Snacking and Plant-based Foods Categories

Oct 03, 2018: Nestlé USA today kicked off three of its newest partnerships as part of the TERRA Food & Agriculture Accelerator founded by RocketSpace and Rabobank. The program, which brings together innovators from both large corporations and emerging growth companies, announced the participants of its third cohort last week. Nestlé is proud to be working with Jackson’s Honest, Miyoko’s and Here – each of which is creating on-trend foods focused on plant-based nutrition, simple labels and fresh ingredients.

“These companies represent the future of food,” said Ashlee Adams, Head of Open Innovation at Nestlé. “Our open innovation efforts are focused on meeting companies where they are in their stage of growth and designing win-win partnerships that accelerate that growth. We look forward to working with these companies to share learnings, develop new capabilities and create something better together as we bring people more options in categories that are in high demand – healthy snacking and plant-based foods.”

PepsiCo Launches New Direct-to-Consumer Efforts

May 11, 2020: As consumers turn online for their food and beverage needs during the COVID-19 pandemic, PepsiCo launched PantryShop.com and Snacks.com, two direct-to-consumer websites where shoppers can order PepsiCo products. Snacks.com offers more than 100 Frito-Lay products from such brands as Lay’s, Tostitos, Cheetos and Ruffles, as well as dips, crackers, nuts and more. New items will be added according to consumer preferences. As an introductory offer, shoppers will receive free shipping with a purchase of $15 or more. On PantryShop.com, consumers can order bundles of pantry favorites from brands such as Quaker, Gatorade, SunChips and Tropicana, within categories such as “Rise & Shine,” “Snacking,” and “Workout & Recovery.” These kits have been “curated” based on affinity research and the topics assigned. The kits are priced at $29.95 and $49.95.

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Executive Summary

Snack food refer to the food items that are consumed by people in short intervals between the regular meals like lunch and dinner. Snack food includes numerous variety like popcorns, chips, nuts, hard pretzels etc. Some of the snack foods that are consumed on a regular basis are extruded puffed and baked/fried products, rice-based snacks, meat snacks and many other. The companies package and distribute the products by different distribution channels to serve both individual customers and commercial establishments.

Snacking includes the manageable, convenient and small packaged food products that can be solid or liquid, hot or cold and require very less or no additional processing of food and can be directly consumed by the person to satisfy the instant craving for food. The market is bifurcated in different segments which include chips (potato chips/snacks), healthy snacks, convenience snacks and other snack foods.

The US snacking market has shown progressive growth during the previous years and estimations are made that the market would further propel during the forecasted period i.e., 2019 to 2023. The US snacking market is predicted to augment due to escalating disposable income, rising youth population, growth in fast food demand, increasing urban population, escalating middle class spending, swelling functional food demand, bulging employed population etc.

On the other hand, the growth of The US snacking market would be negatively impacted by numerous challenges. Some of the major challenges faced by the market are, fluctuation in raw material prices, unanticipated business disruption and stringent regulations. Growth in e-commerce food product sale, surging organic snack demand and evolution of personalized and customized snacks are some of the latest trends in the market that would support the growth of the market in the forecasted period.

The research study evaluates the overall size of the market, by making use of a bottom-up approach, wherein data for different industry verticals, and end-user industries and its applications across various product types have been recorded and predicted during the forecast period. These segments and sub-segments have been documented from the industry specialists and professionals, as well as company representatives, and are outwardly validated by analyzing previous years’ data of these segments and sub-segments for getting an accurate and complete market size.                                            

Following are major Table of Content of The US Snacking Industry:

The US Snacking Market Sales Overview.
The US SnackingMarket Sales Competition by Manufacturers.
The US Snacking Market Sales Analysis by Region.
The US Snacking Market Sales Analysis by Type.
The US Snacking Market Analysis by Application.
The US SnackingMarket -Manufacturers Analysis.

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