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Global Savory Snack Products Market 2023-2032 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies include PepsiCo Inc., Kellogg Co., General Mills Inc., Calbee Inc., ITC Limited
Savory Snack Products Market
As per the Savory Snack Products market report by The Business Research Company, the rise in the adoption of convenience food products is contributing to the growth of the savory snack products market going forward. Restaurant meals and ready-to-eat food from grocery stores are examples of convenience foods that save time in food purchase, preparation, and cleanup. Convenience food products are useful for people who have poor cooking skills or don't have time to search for and execute recipes from scratch and serve them as ready-to-eat meals. As a result, the rise in the adoption of convenience food products increases the demand for savory snack products.
The global savory snack products market size grew from $110.73 billion in 2022 to $120.46 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The savory snack products market size is expected to grow to $159.55 billion in 2027 at a CAGR of 7.3%.
Read More On The Savory Snack Products Market Report Here:
https://www.thebusinessresearchcompany.com/report/savory-snack-products-global-market-report
Major competitors in the Savory Snack Products market include PepsiCo Inc., Kellogg Co., General Mills Inc., Calbee Inc., ITC Limited, Hain Celestial, Conagra Brands Inc., The Kraft Heinz Company, Mondelez International Inc., Nestle SA , Grupo Bimbo , Aviko B.V., Intersnack Group GmbH & Co. KG, Haldiram's India Pvt Ltd., Hormel Foods Corporation, Tyson Foods Inc., Lamb Weston Holdings Inc., McCain Foods Limited , Frito-Lay North America Inc., Parle Products Pvt. Ltd., and Anji Foodstuff Co. Ltd.
The Savory Snack Products market is segmented -
• By Product: Potato Chips, Extruded Snacks, Popcorn, Nuts and Seeds, Puffed Snacks, Tortillas, Other Products
• By Flavor: Barbeque, Spice, Beef, Roasted or Toasted, Other Flavors
• By Distribution Channel: Retailers, Online, Supermarkets and Hypermarkets, Convenience Stores, Other Distribution Channels
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Savory Snack Products market.
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Savory snack product are savory foods that have a salty or spicy flavor rather than a sweet one. Savory foods, including grains, starch, veggies, seasonings, and vegetable oils, are used to make savory snack products.
The Table Of Content For The Savory Snack Products Market Include:
1. Executive Summary
2. Savory Snack Products Market Characteristics
3. Savory Snack Products Market Trends And Strategies
4. Savory Snack Products Market - Macro Economic Scenario
5. Savory Snack Products Market Size And Growth
……….
28. Key Mergers And Acquisitions In The Savory Snack Products Market
29. Savory Snack Products Market Future Outlook and Potential Analysis
30. Appendix
The "Global Savory Snack Products Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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