Global Snack Market 2023-2027

Description

List of Tables

Technavio has been monitoring the snack market and is forecast to grow by $300.56 bn during 2022-2027, decelerating at a CAGR of 6.51% during the forecast period. Our 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.

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 the growing preference for savory snacks.

Technavio's snack market is segmented as below:

By Product

Bakery products
Chocolate
Savory snacks
Frozen snacks
Others

By Distribution Channel

Offline
Online

By Geography

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the growth of online retailing as one of the prime reasons driving the snack market growth during the next few years. Also, increasing replacement of meals with snacks and rising in strategic partnership and recent development will lead to sizable demand in the market.

Technavio 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. Our report on the snack market covers the following areas:

Snack market sizing
Snack market forecast
Snack market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading snack market vendors that include 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. Also, the snack market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71135

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global snack market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global snack market 2017 - 2021 ($ billion)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ billion)
4.3 Distribution channel Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Distribution channel Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Bakery products - Market size and forecast 2022-2027
Exhibit 34: Chart on Bakery products - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Bakery products - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Bakery products - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Bakery products - Year-over-year growth 2022-2027 (%)
6.4 Chocolate - Market size and forecast 2022-2027
Exhibit 38: Chart on Chocolate - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Chocolate - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Chocolate - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Chocolate - Year-over-year growth 2022-2027 (%)
6.5 Savory snacks - Market size and forecast 2022-2027
Exhibit 42: Chart on Savory snacks - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Savory snacks - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Savory snacks - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Savory snacks - Year-over-year growth 2022-2027 (%)
6.6 Frozen snacks - Market size and forecast 2022-2027
Exhibit 46: Chart on Frozen snacks - Market size and forecast 2022-2027 ($ billion)
Exhibit 47: Data Table on Frozen snacks - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Chart on Frozen snacks - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Frozen snacks - Year-over-year growth 2022-2027 (%)
6.7 Others - Market size and forecast 2022-2027
Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by Product
Exhibit 54: Market opportunity by Product ($ billion)

7 Market Segmentation by Distribution Channel

7.1 Market segments
Exhibit 55: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 56: Data Table on Distribution Channel - Market share 2022-2027 (%)
7.2 Comparison by Distribution Channel
Exhibit 57: Chart on Comparison by Distribution Channel
Exhibit 58: Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2022-2027
Exhibit 59: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Offline - Year-over-year growth 2022-2027 (%)
7.4 Online - Market size and forecast 2022-2027
Exhibit 63: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 64: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 65: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Online - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 67: Market opportunity by Distribution Channel ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 69: Chart on Market share by geography 2022-2027 (%)
Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 71: Chart on Geographic comparison
Exhibit 72: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Japan - Market size and forecast 2022-2027
Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
Exhibit 109: Chart on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 110: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 111: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 113: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 114: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 116: Overview on factors of disruption
11.4 Industry risks
Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 118: Vendors covered
12.2 Market positioning of vendors
Exhibit 119: Matrix on vendor position and classification
12.3 B and G Foods Inc.
Exhibit 120: B and G Foods Inc. - Overview
Exhibit 121: B and G Foods Inc. - Product / Service
Exhibit 122: B and G Foods Inc. - Key offerings
12.4 Calbee Inc.
Exhibit 123: Calbee Inc. - Overview
Exhibit 124: Calbee Inc. - Product / Service
Exhibit 125: Calbee Inc. - Key offerings
12.5 Conagra Brands Inc.
Exhibit 126: Conagra Brands Inc. - Overview
Exhibit 127: Conagra Brands Inc. - Business segments
Exhibit 128: Conagra Brands Inc. - Key news
Exhibit 129: Conagra Brands Inc. - Key offerings
Exhibit 130: Conagra Brands Inc. - Segment focus
12.6 Ferrero International S.A.
Exhibit 131: Ferrero International S.A. - Overview
Exhibit 132: Ferrero International S.A. - Product / Service
Exhibit 133: Ferrero International S.A. - Key offerings
12.7 General Mills Inc.
Exhibit 134: General Mills Inc. - Overview
Exhibit 135: General Mills Inc. - Business segments
Exhibit 136: General Mills Inc. - Key news
Exhibit 137: General Mills Inc. - Key offerings
Exhibit 138: General Mills Inc. - Segment focus
12.8 Hormel Foods Corp.
Exhibit 139: Hormel Foods Corp. - Overview
Exhibit 140: Hormel Foods Corp. - Business segments
Exhibit 141: Hormel Foods Corp. - Key news
Exhibit 142: Hormel Foods Corp. - Key offerings
Exhibit 143: Hormel Foods Corp. - Segment focus
12.9 J and J Snack Foods Corp.
Exhibit 144: J and J Snack Foods Corp. - Overview
Exhibit 145: J and J Snack Foods Corp. - Business segments
Exhibit 146: J and J Snack Foods Corp. - Key offerings
Exhibit 147: J and J Snack Foods Corp. - Segment focus
12.10 Kellogg Co.
Exhibit 148: Kellogg Co. - Overview
Exhibit 149: Kellogg Co. - Business segments
Exhibit 150: Kellogg Co. - Key offerings
Exhibit 151: Kellogg Co. - Segment focus
12.11 McCain Foods Ltd.
Exhibit 152: McCain Foods Ltd. - Overview
Exhibit 153: McCain Foods Ltd. - Product / Service
Exhibit 154: McCain Foods Ltd. - Key offerings
12.12 Mondelez International Inc.
Exhibit 155: Mondelez International Inc. - Overview
Exhibit 156: Mondelez International Inc. - Business segments
Exhibit 157: Mondelez International Inc. - Key news
Exhibit 158: Mondelez International Inc. - Key offerings
Exhibit 159: Mondelez International Inc. - Segment focus
12.13 Nestle SA
Exhibit 160: Nestle SA - Overview
Exhibit 161: Nestle SA - Business segments
Exhibit 162: Nestle SA - Key news
Exhibit 163: Nestle SA - Key offerings
Exhibit 164: Nestle SA - Segment focus
12.14 PepsiCo Inc.
Exhibit 165: PepsiCo Inc. - Overview
Exhibit 166: PepsiCo Inc. - Business segments
Exhibit 167: PepsiCo Inc. - Key news
Exhibit 168: PepsiCo Inc. - Key offerings
Exhibit 169: PepsiCo Inc. - Segment focus
12.15 Sargento Foods Inc.
Exhibit 170: Sargento Foods Inc. - Overview
Exhibit 171: Sargento Foods Inc. - Product / Service
Exhibit 172: Sargento Foods Inc. - Key offerings
12.16 The Kraft Heinz Co.
Exhibit 173: The Kraft Heinz Co. - Overview
Exhibit 174: The Kraft Heinz Co. - Business segments
Exhibit 175: The Kraft Heinz Co. - Key offerings
Exhibit 176: The Kraft Heinz Co. - Segment focus
12.17 Tyson Foods Inc.
Exhibit 177: Tyson Foods Inc. - Overview
Exhibit 178: Tyson Foods Inc. - Business segments
Exhibit 179: Tyson Foods Inc. - Key offerings
Exhibit 180: Tyson Foods Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 181: Inclusions checklist
Exhibit 182: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 183: Currency conversion rates for US$
13.4 Research methodology
Exhibit 184: Research methodology
Exhibit 185: Validation techniques employed for market sizing
Exhibit 186: Information sources
13.5 List of abbreviations
Exhibit 187: List of abbreviations