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PUBLISHER: Grand View Research | PRODUCT CODE: 1076441
PUBLISHER: Grand View Research | PRODUCT CODE: 1076441
Savory Snacks Market Size, Share & Trends Analysis Report, By Product (Potato Chips, Corn & Tortilla Chips), By Distribution Channel (Hypermarkets & Supermarkets, Online), By Region, And Segment Forecasts, 2022 - 2030
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Savory Snacks Market Growth & Trends:
The global savory snacks market is expected to reach USD 386.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 4.9% from 2022 to 2030. The savory snacks market is growing rapidly on account of millennials consuming snacks over traditional sit-down meals. The shrinking size of households in the countries has boosted the snacking trend, which is expected to drive the demand for these products over the forecast period.
Savory snacks are majorly categorized as snacks that are not sweet. The market growth of these products is driven by health considerations and consumer taste. The presence of numerous flavors coupled with rising R&D investment by major industry players in order to introduce new products is further expected to propel growth over the coming years.
In terms of product, the nuts & seeds segment is expected to be the fastest-growing segment during the forecast period. Product launches in this segment by key players in the market are likely to supplement the overall segment growth. For instance, in September 2021, Sun Valley U.K'. s one of the best-known independent suppliers of peanuts and savory nut products has expanded its offerings to retailers. The product range includes savory nut snack mixes Punchy Smoked Paprika and Indian Spice Infusion, Simply Dip'd Almonds in Dark Chocolate and chocolate-coated almond snacks.
The hypermarkets & supermarkets distribution channel segment held the largest segment in 2021 and is expected to maintain dominance over the forecast period. The rise in demand for savory snacks or healthier snacks by the consumers has made these retailers including Aldi, Walmart, and Target hold greater shelf spaces for savory snacks, especially in developed countries such as U.S., U.K., Germany, France, and others.
Savory Snacks Market Report Highlights:
- Asia Pacific is expected to contribute a majority of the share to emerge as the largest division in the global revenue in 2021. Preference for healthier snacking options among the consumers is increasing the demand for savory snacks in the region
- The nuts & seeds segment is projected to register faster growth during the forecast period from 2022 to 2030
- The online distribution channel segment is expected to register the fastest growth during the forecast period. The recent outbreak of COVID-19 has increased the penetration of online retailers in the savory snacks segment
Product Code: GVR-1-68038-744-5
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Product Outlook
- 2.3. Distribution Channel Outlook
- 2.4. Regional Outlook
Chapter 3. Savory Snacks Market Variables, Trends & Scope
- 3.1. Market Introduction
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Impact of COVID-19 on the Savory Snacks Market
- 3.4. Industry Value Chain Analysis
- 3.4.1. Sales/Retail Channel Analysis
- 3.4.2. Profit Margin Analysis
- 3.5. Market Dynamics
- 3.5.1. Driver Impact Analysis
- 3.5.2. Restraint Impact Analysis
- 3.5.3. Industry Challenges
- 3.5.4. Industry opportunities
- 3.6. Business Environment Analysis
- 3.6.1. Industry Analysis - Porter's Five Forces
- 3.6.1.1. Supplier Power
- 3.6.1.2. Buyer Power
- 3.6.1.3. Substitution Threat
- 3.6.1.4. Threat from New Entrant
- 3.6.1.5. Competitive Rivalry
- 3.6.1. Industry Analysis - Porter's Five Forces
- 3.7. Roadmap of Savory Snacks Market
- 3.8. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends and Preferences
- 4.3. Factors Affecting Buying Decision
- 4.4. Consumer Distribution Channel Adoption
- 4.5. Observations & Recommendations
Chapter 5. Savory Snacks Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2021 & 2030
- 5.2. Potato Chips
- 5.2.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 5.3. Corn & Tortilla Chips
- 5.3.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 5.4. Nuts & Seeds
- 5.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 5.5. Popcorn
- 5.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 5.6. Pretzels
- 5.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 5.7. Others
- 5.7.1. Market estimates and forecast, 2017 - 2030 (USD Million)
Chapter 6. Savory Snacks Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Distribution Channel Movement Analysis & Market Share, 2021 & 2030
- 6.2. Hypermarkets & Supermarkets
- 6.2.1. Market estimates and forecast through hypermarkets & supermarkets, 2017 - 2030 (USD Million)
- 6.3. Convenience Stores
- 6.3.1. Market estimates and forecast through convenience stores, 2017 - 2030 (USD Million)
- 6.4. Online
- 6.4.1. Market estimates and forecast through online channel, 2017 - 2030 (USD Million)
- 6.5. Others
- 6.5.1. Market estimates and forecast through other channel, 2017 - 2030 (USD Million)
Chapter 7. Savory Snacks Market: Region Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2021 & 2030
- 7.2. North America
- 7.2.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.2.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.2.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.2.4. U.S.
- 7.2.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.2.4.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.2.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.2.5. Canada
- 7.2.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.2.5.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.2.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.2.6. Mexico
- 7.2.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.2.6.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.2.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.3.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.3.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.3.4. Germany
- 7.3.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.3.4.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.3.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.3.5. U.K.
- 7.3.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.3.5.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.3.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.3.6. France
- 7.3.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.3.6.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.3.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.4.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.4.4. China
- 7.4.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.4.4.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.4.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.4.5. Japan
- 7.4.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.4.5.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.4.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.4.6. India
- 7.4.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.4.6.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.4.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.5. Central & South America
- 7.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.5.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.5.4. Brazil
- 7.5.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.5.4.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.5.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.6.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.6.4.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.6.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 7.6.5. UAE
- 7.6.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
- 7.6.5.2. Market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 7.6.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million
Chapter 8. Competitive Analysis
- 8.1. Key global players, recent developments & their impact on the industry
- 8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
- 8.3. Vendor Landscape
- 8.3.1. Key company market share analysis, 2021
Chapter 9. Company Profiles
- 9.1. PepsiCo
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Strategic Initiatives
- 9.2. The Kraft Heinz Company
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Strategic Initiatives
- 9.3. The Kellogg Company
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Strategic Initiatives
- 9.4. Calbee
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Strategic Initiatives
- 9.5. Hain Celestial
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Strategic Initiatives
- 9.6. Conagra Brands, Inc.
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Strategic Initiatives
- 9.7. General Mills, Inc.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Strategic Initiatives
- 9.8. Blue Diamond Growers
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Strategic Initiatives
- 9.9. ITC Limited
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Strategic Initiatives
- 9.10. Grupo Bimbo
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Strategic Initiatives
Product Code: GVR-1-68038-744-5
List of Tables
- 1. Savory snacks market - Driving factor market analysis
- 2. Savory snacks market - Restraint factor market analysis
- 3. Potato chips market estimates and forecast, 2017 - 2030 (USD Million)
- 4. Corn & tortilla chips market estimates and forecast, 2017 - 2030 (USD Million)
- 5. Nuts & seeds market estimates and forecast, 2017 - 2030 (USD Million)
- 6. Popcorn market estimates and forecast, 2017 - 2030 (USD Million)
- 7. Pretzels market estimates and forecast, 2017 - 2030 (USD Million)
- 8. Savory snacks market estimates and forecast through hypermarkets & supermarkets, 2017 - 2030 (USD Million)
- 9. Savory snacks market estimates and forecast through convenience stores, 2017 - 2030 (USD Million)
- 10. Savory snacks market estimates and forecast through online distribution channel, 2017 - 2030 (USD Million)
- 11. Savory snacks market estimates and forecast through other distribution channels, 2017 - 2030 (USD Million)
- 12. North America savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 13. North America savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 14. North America savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 15. U.S. savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 16. U.S. savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 17. U.S. savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 18. Canada savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 19. Canada savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 20. Canada savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 21. Mexico savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 22. Mexico savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 23. Mexico savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 24. Europe savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 25. Europe savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 26. Europe savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 27. Germany savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 28. Germany savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 29. Germany savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 30. U.K. savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 31. U.K. savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 32. U.K. savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 33. France savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 34. France savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 35. France savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 36. Asia Pacific savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 37. Asia Pacific savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 38. Asia Pacific savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 39. China savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 40. China savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 41. China savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 42. Japan savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 43. Japan savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 44. Japan savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 45. India savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 46. India savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 47. India savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 48. Central & South America savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 49. Central & South America savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 50. Central & South America savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 51. Brazil savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 52. Brazil savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 53. Brazil savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 54. Middle East & Africa savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 55. Middle East & Africa savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 56. Middle East & Africa savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 57. South Africa savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 58. South Africa savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 59. South Africa savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 60. UAE savory snacks market estimates and forecast, 2017 - 2030 (USD Million)
- 61. UAE savory snacks market estimates and forecast, by product, 2017 - 2030 (USD Million)
- 62. UAE savory snacks market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 63. Company categorization
List of Figures
- 1. Savory snacks market segmentation
- 2. Information procurement
- 3. Primary research pattern
- 4. Primary research approaches
- 5. Primary research process
- 6. Savory snacks market - Penetration & growth prospect mapping
- 7. Savory snacks market - Value chain analysis
- 8. Savory snacks market: Porter's Five Forces analysis
- 9. Roadmap of the Savory snacks market
- 10. Factors Influencing Consumers' Buying Decisions
- 11. Savory snacks market: Product share (%) analysis, 2021 & 2030
- 12. Savory snacks market: Distribution channel share (%) analysis, 2021 & 2030
- 13. Savory snacks market: Regional share (%) analysis, 2021 & 2030
- 14. Key savory snacks company market share analysis, 2021
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