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The snack market is forecasted to grow by USD 332.5 billion during 2023-2028, accelerating at a CAGR of 6.79% during the forecast period. The report on the snack market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in disposable income and change in lifestyle, evolving taste preferences, and growing preference for savory snacks.
The snack market is segmented as below:
By Product
- Bakery products
- Chocolate
- Savory snacks
- Frozen snacks
- Others
By Distribution Channel
- Offline
- Online
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the snack market covers the following areas:
- Snack market sizing
- Snack market forecast
- Snack market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global snack market: Agthia Group PJSC, B and G Foods Inc., Calbee Inc., Conagra Brands Inc., Cooperatie Koninklijke Cosun UA, Deco Food Service, Ferrero International S.A., General Mills Inc., Happytizers Pvt Ltd, Harvest Almond Snacks, Hormel Foods Corp., J and J Snack Foods Corp., Kellogg Co., Kind LLC, McCain Foods Ltd., Mondelez International Inc., Nestle SA, NutriAsia Inc., PepsiCo Inc., Popcorn Shed Ltd., Rich Products Corp., Sargento Foods Inc., The Hain Celestial Group Inc., The Hershey Co., The Kraft Heinz Co., and Tyson Foods Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growth of online retailing."
According to the report, one of the major drivers for this market is the rise in disposable income and change in lifestyle.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Agthia Group PJSC
- B and G Foods Inc.
- Calbee Inc.
- Conagra Brands Inc.
- Cooperatie Koninklijke Cosun UA
- Deco Food Service
- Ferrero International S.A.
- General Mills Inc.
- Happytizers Pvt Ltd
- Harvest Almond Snacks
- Hormel Foods Corp.
- J and J Snack Foods Corp.
- Kellogg Co.
- Kind LLC
- McCain Foods Ltd.
- Mondelez International Inc.
- Nestle SA
- NutriAsia Inc.
- PepsiCo Inc.
- Popcorn Shed Ltd.
- Rich Products Corp.
- Sargento Foods Inc.
- The Hain Celestial Group Inc.
- The Hershey Co.
- The Kraft Heinz Co.
- Tyson Foods Inc.