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City of Industry, CA -- (SBWIRE) -- 08/07/2018 -- This report studies the global market size of Savory Snacks in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Savory Snacks in these regions.
This research report categorizes the global Savory Snacks market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
Savory snacks come under the snack foods category, which have a salty taste and are different from sweet snacks.
During 2017, the potato chips segment accounted for the largest share of the savory snacks market and will continue to dominate the market over the coming years. The increasing consumption of potato chips in developed regions like North America and Europe is one of the major factors driving this segment's growth. Also, the change in consumer preferences has led to the introduction of several new flavors of potato chips, which will also contribute to this segment's growth.
In terms of geography, North America led the global savory snacks market during 2017 and will continue to account for the maximum market shares until the end of 2023. Much of this market's growth in the region is driven by the consumer's need for convenient food items that can be consumed on-the-go. Busy lifestyles and product innovation will also aid in this market's growth in countries like the US and Canada.
The various contributors involved in the value chain of Savory Snacks include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Savory Snacks include
Kellogg
Calbee
General Mills
PepsiCo
Kraft Heinz
ConAgra Foods
Diamond Foods
Mars
Intersnack Group GmbH
Lorenz Bahlsen
Orkla ASA
Lamb Weston
McCain Foods
Aviko
Intersnack Group
Hain Celestial Group
Herr Foods
Want Want Holdings
Market Size Split by Type
Potato Chips
Extruded Snacks
Nuts and Seeds
Ethnic/Traditional Snacks
Popcorn
Meat Snacks
Other
Market Size Split by Application
Supermarkets and Hypermarkets
Independent Retailers
Convenience Stores
Specialist Retailers
Online Retailers
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