Key Highlights
- The savory snacks market consists of the retail sale of ethnic/traditional snacks, meat snacks, nuts and seeds, popcorn, potato chips, processed snacks and pretzels products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2023 exchange rates.
- The Australian Savory Snacks market had total revenues of $2.77 billion in 2023, representing a compound annual growth rate (CAGR) of 1.5% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 0.7% between 2018 and 2023, to reach a total of 196.5 million kilograms in 2023.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 2.8% for the five-year period 2023-28, which is expected to drive the market to a value of $3.18 billion by the end of 2028.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the savory snacks market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the savory snacks market in Australia
- Leading company profiles reveal details of key savory snacks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia savory snacks market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Australia savory snacks market by value in 2023?
- What will be the size of the Australia savory snacks market in 2028?
- What factors are affecting the strength of competition in the Australia savory snacks market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's savory snacks market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- PepsiCo Inc
- Snack Brands Australia Ltd
- Kellanova
- Campbell Soup Company