Press release
Savory Snacks Market Next Big Thing | Major Giants: PepsiCo, General Mills, Kellogg
Savory Snacks Market
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Summary
Savory Snacks in India, 2020 - Top Growth Opportunities
Top Growth Opportunities for Savory Snacks in India provides recommended actions and detailed analysis of how to target the best growth opportunities for Savory Snack producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Savory Snack markets in India through GlobalData’s detailed and robust data, expert insight, and case studies.
GlobalData’s Top Growth Opportunity reports use a risk versus reward opportunity model to identify the best growth markets for Savory Snacks producers. Through this in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target them.
Top Growth Opportunities for Savory Snacks in India provides an overview of the Savory Snack market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData’s proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for Savory Snack producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscapes.
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Get access to -
- Key consumer demographic groups driving consumption within the Indian market. Improve your consumer targeting by understanding who’s driving the market, what they want, and why
- A study of market value and volumes over 2014-2019 for India supplemented with category, brand and packaging analysis that shows the current state of the market, and how it will evolve over the 2019-2024 period
- White space analysis, to pinpoint attractive spaces in the market and the key actions to take
- Insight into the implications behind the data, and analysis of how the consumer needs will evolve in the short-to-medium term future
- Examples of international and regional product innovation targeting key consumer needs
Scope
- In GlobalData’s “Top Confectionery Opportunity” rankings, India was placed at 13th with a score of 82.6 and was valued at US$8,631.3 million in 2019
- The Indian savory snacks sector ranked last in terms of per capita expenditure in US dollar terms amongst the world’s top eight savory snacks markets in 2019. However, the per capita expenditure in the Indian savory snacks sector registered a strong growth of 18% over 2014-2019.
- The overall savory snacks sector in India grew from US$3,562.1 million in 2014 to US$8,631.3 million in 2019, registering a CAGR of 19.4% during 2014-2019. Furthermore, the sector is expected to grow at a CAGR of 3.2% to reach US$44,880.1 million by 2024
Reasons to Buy
- This report brings together consumer analysis and market data to provide actionable insight into the behavior of Indian Savory Snack consumers.
- This is based on GlobalData's unique consumer data, developed from extensive consumption surveys and consumer group tracking, which quantifies the influence of 20 consumption motivations in the Savory Snack sector.
- Category, brand, and packaging dynamics are also examined. This allows product and marketing strategies to be better aligned with the leading trends in the market.
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Table of Contents
1. Introducing a top growth market for Savory Snacks
Top 10 global growth opportunities scores
Top global issues
Assessment against global strategic issues
GlobalData’s strategic issues map
Predicted future issues for the global sector
Reward and risk assessment
Opportunity score - overview
Consumer spending trends - peer group comparisons
Political, Economic, Social, and Technological: Analysis
Enablers and inhibitors of growth
Rewards and opportunities for growth
Summary of the market
2. Market insight - identifying the opportunities to move into
Market growth by category
Value grow
....Continued
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/3125798-savory-snacks-in-india-2020-top-growth-opportunities
It's vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.
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About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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