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Savory Snacks Market Report by Product (Potato Chips, Extruded Snacks, Nuts and Seeds, Popcorn, Meat Snacks, and Others), Category (Baked, Fried, and Others), Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Stores, Convenience Stores, and Others), Sales (Retail Sector, Foodservice Sector), and Region 2024-2032
Market Report I 2024-03-02 I 143 Pages I IMARC Group
The global savory snacks market size reached US$ 136.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 205.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.
Savory snacks are food products that have a salty or spicy flavor instead of a sweet profile. They are manufactured using various ingredients such as vegetables, fruits, nuts, grains, vegetable oils and seasonings. They are rich in nutrients, minerals, vitamins and fibers. Usually consumed in-between meals in small quantities, the most prevalent variants include salted biscuits, potato and corn chips, popcorns, pretzels, meat snacks, nuts and seeds.
The growing food and beverage industry, along with an increasing preference for on-the-go snacking options, is one of the key factors driving the growth of the market. Owing to the changing lifestyles and hectic schedules of the working population, there has been a rise in the adoption of convenience food products such as savory snacks across the globe. Furthermore, owing to the growing consumer awareness for healthy snacking habits, manufacturers have introduced low-fat, gluten-free, organic, and protein-rich snacks, which are rapidly gaining popularity among consumers. The introduction of various meat-based snacks such as lean beef or turkey has also favored the market growth. Manufacturers are also offering a diversified product range to expand their consumer base and meet individual requirements in terms of flavor preferences and dietary needs. Factors such as rising disposable incomes and extensive research and development (R&D) activities to improve the production process and the quality of the product, along with convenient and attractive product packaging are also contributing to the growth of the market significantly.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global savory snacks market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, category, distribution channel and sales.
Breakup by Product:
Potato Chips
Extruded Snacks
Nuts and Seeds
Popcorn
Meat Snacks
Others
Breakup by Category:
Baked
Fried
Others
Breakup by Distribution Channel:
Supermarkets/Hypermarkets
Specialty Stores
Online Stores
Convenience Stores
Others
Breakup by Sales:
Retail Sector
Foodservice Sector
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Arca Continental, S. A. B. de C. V., Calbee, Inc., Conagra Brands, Inc., General Mills Inc., Hain Celestial Group, Inc., HALDIRAM FOODS INTERNATIONAL PVT. LTD, Intersnack Group, ITC Limited, Kellogg Company, Kraft Heinz Company, Lamb Weston Holdings, Inc, Premium Brands Holdings Corporation, and PepsiCo, Inc.
Key Questions Answered in This Report
1. What was the size of the global savory snacks market in 2023?
2. What is the expected growth rate of the global savory snacks market during 2024-2032?
3. What has been the impact of COVID-19 on the global savory snacks market?
4. What are the key factors driving the global savory snacks market?
5. What is the breakup of the global savory snacks market based on the product?
6. What is the breakup of the global savory snacks market based on the category?
7. What is the breakup of the global savory snacks market based on the distribution channel?
8. What are the key regions in the global savory snacks market?
9. Who are the key players/companies in the global savory snacks market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Savory Snacks Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Potato Chips
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Extruded Snacks
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Nuts and Seeds
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Popcorn
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Meat Snacks
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Category
7.1 Baked
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Fried
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Supermarkets/Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Specialty Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Online Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Convenience Stores
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Sales
9.1 Retail Sector
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Foodservice Sector
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Arca Continental, S. A. B. de C. V.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.2 Calbee, Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Conagra Brands, Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 General Mills Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Hain Celestial Group, Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 HALDIRAM FOODS INTERNATIONAL PVT. LTD
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Intersnack Group
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 ITC Limited
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Kellogg Company
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Kraft Heinz Company
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Lamb Weston Holdings, Inc
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Premium Brands Holdings Corporation
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.13 PepsiCo, Inc.
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
15.3.13.4 SWOT Analysis
Figure 1: Global: Savory Snacks Market: Major Drivers and Challenges
Figure 2: Global: Savory Snacks Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Savory Snacks Market: Breakup by Product (in %), 2023
Figure 4: Global: Savory Snacks Market: Breakup by Category (in %), 2023
Figure 5: Global: Savory Snacks Market: Breakup by Distribution Channel (in %), 2023
Figure 6: Global: Savory Snacks Market: Breakup by Sales (in %), 2023
Figure 7: Global: Savory Snacks Market: Breakup by Region (in %), 2023
Figure 8: Global: Savory Snacks Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 9: Global: Savory Snacks (Potato Chips) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Savory Snacks (Potato Chips) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Savory Snacks (Extruded Snacks) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Savory Snacks (Extruded Snacks) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Savory Snacks (Nuts and Seeds) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Savory Snacks (Nuts and Seeds) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Savory Snacks (Popcorn) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Savory Snacks (Popcorn) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Savory Snacks (Meat Snacks) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Savory Snacks (Meat Snacks) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Savory Snacks (Others) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Savory Snacks (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Savory Snacks (Baked) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Savory Snacks (Baked) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Savory Snacks (Fried) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Savory Snacks (Fried) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Savory Snacks (Others) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Savory Snacks (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Savory Snacks (Supermarkets/Hypermarkets) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Savory Snacks (Supermarkets/Hypermarkets) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Savory Snacks (Specialty Stores) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Savory Snacks (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Savory Snacks (Online Stores) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Savory Snacks (Online Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Savory Snacks (Convenience Stores) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Savory Snacks (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Savory Snacks (Others) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Savory Snacks (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Savory Snacks (Retail Sector) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Savory Snacks (Retail Sector) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Global: Savory Snacks (Foodservice Sector) Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Global: Savory Snacks (Foodservice Sector) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: North America: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: North America: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: United States: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: United States: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Canada: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Canada: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Asia Pacific: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Asia Pacific: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: China: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: China: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Japan: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Japan: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: India: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: India: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: South Korea: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: South Korea: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Australia: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Australia: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Indonesia: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Indonesia: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Others: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Others: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Europe: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Europe: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Germany: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Germany: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: France: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: France: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: United Kingdom: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: United Kingdom: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Italy: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Italy: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Spain: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Spain: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Russia: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Russia: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Others: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Others: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Latin America: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Latin America: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Brazil: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Brazil: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Mexico: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Mexico: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Others: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Others: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Middle East and Africa: Savory Snacks Market: Sales Value (in Million US$), 2018 & 2023
Figure 88: Middle East and Africa: Savory Snacks Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 89: Global: Savory Snacks Industry: SWOT Analysis
Figure 90: Global: Savory Snacks Industry: Value Chain Analysis
Figure 91: Global: Savory Snacks Industry: Porters Five Forces Analysis
Table 1: Global: Savory Snacks Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Savory Snacks Market Forecast: Breakup by Product (in Million US$), 2024-2032
Table 3: Global: Savory Snacks Market Forecast: Breakup by Category (in Million US$), 2024-2032
Table 4: Global: Savory Snacks Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 5: Global: Savory Snacks Market Forecast: Breakup by Sales (in Million US$), 2024-2032
Table 6: Global: Savory Snacks Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Savory Snacks Market Structure
Table 8: Global: Savory Snacks Market: Key Players
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