Resources
About Us
Meticulous Research®—a leading global market research company, published a research report titled, ‘Savory Snacks Market by Type (Potato Chips, Extruded Snacks, Nuts & Seeds, Meat Snacks), Flavor (Barbeque, Spice, Salty, Plain), Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, Online Channels) — Forecasts to 2029.’
The savory snacks market is expected to reach $347.2 billion by 2029, at a CAGR of 7.3% from 2022 to 2029. This market is driven by the growing consumer demand for healthy snacking, the rising popularity of convenience foods & on-the-go snacks, changing lifestyles and hectic schedules of the working population, and the expansion of the global retail industry.
Furthermore, the growing E-commerce penetration in developing countries and emerging economies in Latin America, Asia, and the Middle East & Africa are expected to provide significant opportunities for the growth of this market. However, health issues associated with consuming snack products hinder this market's growth to a notable extent. In addition, volatile raw materials prices pose a major challenge to players operating in this market.
The savory snacks market study presents historical market data in terms of value (2020 and 2021), estimated current data (2022), and forecasts for 2029. This market is segmented by type, flavor, distribution channel, and geography.
Based on type, the savory snacks market is segmented into potato chips, extruded snacks, nuts & seeds, meat snacks, popcorn, puffed snacks, and other savory snack types. In 2022, the potato chips segment is expected to account for the largest share of the savory snacks market. The large market share of this segment is attributed to their taste, low cost, easy availability of potato chips in various flavors, presence of a large number of manufacturers of potato chips across the globe, and the introduction of healthier alternatives such as low-sodium and low-fat potato chips.
However, the nuts & seeds segment is expected to witness significant growth during the forecast period. The rapid growth of this segment is mainly attributed to the increasing awareness about the nutritional benefits of nuts and seeds, the growing popularity of the paleo diet, and greater availability of different types and mixes, and technological advances that have allowed the development of new coatings, flavors systems, and packaging formats.
Based on flavor, the savory snacks market is segmented into barbeque, spice, salty, plain/unflavored, and other flavors. In 2022, the plain/unflavored segment is expected to account for the largest share of the savory snacks market. The large market share of this segment is attributed to the increasing consumer preference for plain and unflavored savory snack products. However, the spice segment is expected to witness significant growth during the forecast period.
Based on distribution channel, the savory snacks market for retail is segmented into supermarkets & hypermarkets, convenience stores, specialty stores, online channels, and other retail channels. In 2022, the supermarkets & hypermarkets segment is expected to account for the largest share of the savory snacks market for retail. The large market share of this segment is attributed to the growing number of supermarkets in developing countries such as China & India, consumers’ preference for shopping from brick-and-mortar grocers due to easy access and availability, and the increasing consumer spending on savory snack products.
However, the online stores segment is expected to witness significant growth during the forecast period. The rapid growth of this segment is mainly attributed to the rising internet penetration, growing preference for consumer convenience, availability of greater discounts compared to modern trade, and greater product selection experience.
Based on geography, in 2022, North America is expected to account for the largest share of the savory snacks market. The major market share of North America is attributed to its well-established food industry, the growing health awareness among consumers, the rising demand for clean-label savory snacks, and the easy availability of savory snacks at grocery stores. In addition, customers' changing habits, such as snacking between fixed mealtimes or snacking instead of having proper meals, the rising trend of replacing meals with smaller nutritional snacks, and the cost competitiveness offered by plant-based snacks contribute to the growth of this regional market.
In 2022, the U.S. is expected to account for the larger share of the savory snacks market in North America. The large market share is attributed to the increasing preference for convenience foods, changing household sizes, consumers’ growing interest in unique snack flavors, and the increasing adoption of health & wellness trends.
Key Players
The key players operating in the savory snacks are General Mills, Inc. (U.S.), Kellogg Company (U.S.), The Kraft Heinz Company (U.S.), The Hain Celestial Group, Inc. (U.S.), PepsiCo, Inc. (U.S.), Conagra Brands, Inc. (U.S.), Mondelēz International, Inc. (U.S.), Nestlé S.A. (Switzerland), Calbee, Inc. (Japan), Blue Diamond Growers (U.S.), ITC Limited (India), Grupo Bimbo, S.A.B. de C.V. (Mexico), Diamond Foods, LLC (U.S.), Link Snacks, Inc. (U.S.), and Intersnack Group GmbH & Co. KG (Germany).
Download PDF Brochure @ https://www.meticulousresearch.com/download-sample-report/cp_id=5402
Key Questions Answered in the Report-
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Paleo Food Market to Reach $17.98 Billion by 2031
Read MoreBeet Gummies Market to Reach $217.6 Million by 2031
Read MoreEgg Replacers Market to Reach $2.27 Billion by 2031
Read MoreStarch Derivatives Market to Reach $70.48 Billion by 2031
Read MoreADHD Supplements Market to Reach $0.97 Billion by 2031
Read MoreGlycolic Acid Market to Reach $754.8 Billion by 2031
Read MoreMushroom Coffee Market to Reach $4.26 Billion by 2031
Read MoreFood Subscription Services Market to Reach $12.75 Billion by 2031
Read MoreCreatine Gummies Market to Reach $168.2 Million by 2031
Read MoreGluten-free Pasta Market to Reach $1,507.2 Million by 2031
Read MoreBeta Glucan Market to Reach $773.8 Million by 2031
Read MoreCannabidiol Market to Reach $71.06 Billion by 2031
Read MoreLactic Acid Market to Reach $10.64 Billion by 2031
Read MoreGluten-free Products Market to Reach $13.08 Billion by 2031
Read MoreFood Fortification Market to Reach $207.58 Billion by 2031
Read MoreScotch Whiskey Market to Reach $22.83 Billion by 2031
Read MoreHarvester Market to Reach $42.51 Billion by 2031
Read MorePet Supplements Market to Reach $4.68 Billion by 2031
Read MoreFood Preservatives Market to Reach $4.19 Billion by 2031
Read MoreFood Emulsifiers Market to Reach $5.87 Billion by 2031
Read MoreVegan Yogurt Market to Reach $8.85 Billion by 2031
Read MoreMeal Replacement Products Market to Reach $32.2 Billion by 2031
Read MoreFood Antioxidants Market to Reach $3.08 Billion by 2031
Read MoreSpecialty Enzymes Market to Reach $6.47 Billion by 2031
Read MoreFish Oil Market to Reach $4.51 Billion by 2031
Read MoreAlmond Milk Market to Reach $33.08 Billion by 2031
Read MoreBreakfast Cereals Market to Reach $54.24 Billion by 2031
Read MoreProtein Hydrolysates Market to Reach $1.07 Billion by 2031
Read MoreBotanical Supplements Market to Reach $81.6 Billion by 2031
Read MoreDextrin Market to Reach $4 Billion by 2031
Read MoreVitamins Market to Reach $26.03 Billion by 2031
Read MoreDietary Supplements Market to Reach $166.58 Billion by 2031
Read MoreMonk Fruit Sweeteners Market to Reach $147.2 Million by 2031
Read MoreFood Coating Market to Reach $5.92 Billion by 2031
Read MoreSavory Ingredients Market to Reach $13.38 Billion by 2031
Read MoreNatural Flavors Market to Reach $12.05 Billion by 2031
Read MoreKombucha Market to Reach $12.36 Billion by 2031
Read MoreEnergy Drinks Market to Reach $122.54 Billion by 2031
Read MoreSports Nutrition Market to Reach $82.35 Billion by 2031
Read MoreBotanicals Market to Reach $24.97 Billion by 2031
Read MorePlant-based Cheese Market to Reach $8.62 Billion by 2031
Read MoreNon-alcoholic Wine Market to Reach $2.61 Billion by 2031
Read MoreFrozen Dough Market to be Worth $37.8 Billion by 2031
Read MoreMarine Collagen Market to be Worth $2.32 Billion by 2031
Read MorePlant Extracts Market to Reach $63.26 Billion by 2031
Read MoreYeast Extract Market to Reach $2.92 Billion by 2031
Read MoreFood Packaging Market to Reach $698.4 Billion by 2031
Read MoreLecithin Market to Reach $2.91 Billion by 2031
Read MoreGelatin Market to be Worth $7.46 Billion by 2031
Read MoreAquafeed Market to be Worth $122.54 Billion by 2031
Read MoreBaby Food Market to be Worth $120.1 Billion by 2031
Read MoreOleoresins Market to Reach $2.49 Billion by 2031
Read MoreVegan Food Market to be Worth $109.4 Billion by 2031
Read MoreFruit Extracts Market to be Worth $31.11 Billion by 2031
Read MoreMoringa Extract Market to be Worth $10.65 Billion by 2031
Read MoreDTC Food Market to be Worth $195.39 Billion by 2031
Read MoreSuperfoods Market to Reach $281.9 Billion by 2030
Read MorePlant-based Meat Market to Reach $27.14 Billion by 2031
Read MoreEurope Seaweed Market to Reach $5.65 Billion by 2030
Read MoreAstaxanthin Market Worth $1.34 Billion by 2030
Read MoreVitamin D Market Worth $2.43 billion by 2030
Read MoreCarotenoids Market Worth $2.26 Billion by 2030
Read MoreAlgae Market Worth $29.8 billion by 2030
Read MoreFunctional Beverages Market Worth $179.8 Billion by 2029
Read MoreSavory Snacks Market Worth $347.2 Billion by 2029
Read MoreAnimal Feed Market to be Worth $1,008.8 Billion by 2031
Read MoreHealthy Snacks Market Worth $152.08 Billion by 2029
Read MoreEnzymes Market Worth $18.38 billion by 2029
Read MorePea Starch Market Worth $307.4 Million by 2029
Read MoreBakery Premixes Market Worth $547.8 Million by 2029
Read MorePotato Starch Market Worth $5.6 Billion by 2029
Read MorePostbiotics Market to be Worth $24 Million by 2029
Read MoreSugar-free Products Market Worth $65.31 Billion by 2029
Read MoreFrozen Seafood Market to Reach $74.34 Billion by 2029
Read MoreFrozen Ready Meals Market Worth $130.67 Billion by 2029
Read MoreFrozen Food Market to be Worth $447.79 Billion by 2031
Read MorePlant-based Milk Market to Reach $52.54 Billion by 2031
Read MoreLab-grown Meat Market Worth $1.99 Billion by 2035
Read MoreWheat Protein Market Worth $9.5 Billion by 2029
Read MoreBlack Soldier Fly Oil Market Worth $72 Million by 2029
Read MoreInsect Protein Market Worth $9.46 billion by 2030
Read MoreGluten-Free Products Market Worth $10.96 Billion by 2029
Read MoreMeat Market to Reach $1.52 Trillion by 2031
Read MoreEurope Plant-based Foods Market to Reach $21.62 Billion by 2031
Read MoreD-psicose Market Worth $438.1 Million by 2029
Read MoreCrickets Market to Reach $5,923.4 million by 2031
Read MoreNannochloropsis Market to Reach $14 Million by 2031
Read MoreNatural Carotenoids Market Worth $1.9 Billion by 2028
Read MoreStevia Market Worth $1.11 billion by 2028
Read MoreMicroalgae Market to Reach $2.26 Billion by 2031
Read MoreBotanical Extracts Market Worth $10.1 Billion by 2028
Read MoreCBD-infused Products Market to Reach $291.39 Billion by 2031
Read MoreColeus and Turmeric Market Worth $6.9 billion by 2027
Read MoreProtein Ingredients Market Worth $79.7 billion by 2028
Read MoreSugar Substitutes Market Worth $24.1 Billion by 2028
Read MoreChlorella Market Worth $412.3 million by 2028
Read MoreButterfly Pea Flowers Market to Reach $151.7 Billion by 2031
Read MoreSorbitol Market Worth $2.39 billion by 2030
Read MoreTaste Modulators Market to Reach $2.50 Billion by 2031
Read MoreFood Premix Market to be Worth $2.93 billion by 2030
Read MoreDairy Ingredients Market to Reach $93.22 Billion by 2031
Read MoreSpecialty Yeast Market Worth $4.8 billion by 2025
Read MorePea Protein Market to Reach $1.31 Billion by 2031
Read MoreSpirulina Market to Reach $1.20 Billion by 2031
Read MoreFood Flavors Market Worth $20.39 Billion by 2028
Read MoreNatural Sausage Casings Market Worth $2.79 Billion by 2028
Read MoreLegal Marijuana Market Worth $75.6 Billion By 2025
Read MoreFood Colors Market to Reach $5.42 Billion by 2031
Read MoreArtificial Casings Market to Reach $5.87 Billion by 2031
Read MoreEurope Artificial Casings Market to be Worth $1.65 Billion by 2030
Read MoreSoy Protein Market Worth $14.1 Billion by 2029
Read MoreEdible Insects Market to be Worth $17.9 Billion by 2033
Read MoreAmerican Whiskey Market to Reach $29.38 Billion by 2031
Read MoreAlgae Products Market to Reach $6.01 Billion by 2031
Read MoreDairy Products Market to Reach $1,167.93 Billion by 2031
Read MorePlant-based Protein Market to be Worth $26.45 Billion by 2031
Read MoreAlgal Pigments Market to Reach $718.0 Million by 2031
Read MoreMeat Substitute Market Worth $17.5 billion by 2027
Read MoreSmart Packaging Market Worth $43.6 billion by 2027
Read MoreFrozen Bakery Products Market worth $59.9 billion by 2027
Read MoreHydrocolloids Market to be Worth $18.34 Billion by 2031
Read MoreFood Safety Testing Market Worth $29.6 Billion by 2027
Read MorePhycocyanin Market to Reach $350.5 Million by 2031
Read MoreCollagen Market Worth $8.64 Billion by 2029
Read More