Press release
Savory Snacks Industry Market Dynamics, Forecast, Analysis and Supply Demand 2021
Savory SnacksSummary
The global Savory Snacks sector was valued at US$96.6 billion in 2016 and is forecast to record a CAGR of 6.0% during 2016-2021 to reach US$129.3 billion by 2021. North America was the leading region in the global Savory Snacks sector with a value share of 37.6% in 2016 whilst Asia-Pacific is forecast to record the fastest value growth globally at a CAGR of 8.0% during 2016-2021. A growing population, rising urbanization rate, and improving economy will remain the primary macroeconomic factors driving the sector globally. Long working hours and busy schedules of consumers will further contribute to the snackification trend as they snack more often than usual to get quick energy boost. Processed Snacks was the leading market with a value share of 36.4% in 2016.
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Scope of the Report
- The report provides an overview of global and regional markets covering - Asia-Pacific, Middle East & Africa, North America, Latin America, Western Europe, and Eastern Europe - highlighting sector size, growth drivers, latest developments, and future inhibitors for the region. It also identifies top ten high potential countries and provides deep dive analysis of top two countries in each region (except MEA).
- The report draws on the sector data by analyzing key distribution channels for Savory Snacks in the global market.
- Sector data is also used for studying the level of competition in the sector by identifying the top brands at a global and regional level with insights on sector shares of private label products.
- The report also includes insights on Health & Wellness products in terms of value and percentage share in the overall Savory Snacks sector at global and regional level during 2011-2021.
Table of Contents
Executive Summary
Sector Overview
Current scenario and future outlook
Global Savory Snacks sector overview - what are the growth drivers, latest developments, and future inhibitors
Regional Savory Snacks sector overview - what are the growth drivers, latest developments, and future inhibitors
Key challenges in the global Savory Snacks sector
Shift in food Consumption Patterns
Change in consumption levels in the overall food industry, 2011-2021
Reasons for shift in consumption patterns
Identifying high potential countries
Analysis of 10 countries on the basis of Risk-Reward analysis (market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure)
Analysis across regions - Asia-Pacific, North America, Latin America, Western Europe and Eastern Europe
High potential country analysis
Future outlook
Health & Wellness Analysis - Global and Regional Level
Case Studies
Competitive Landscape
Leading brands by region
Leading brands by market
Market Share of Private Label
Key Distribution Channels .Continued
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