Snacks Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type, By Packaging, By Sales Channel By Region and Competition, 2020-2030F

Description

The Global Snacks Market, valued at USD 679.15 Million in 2024, is projected to experience a CAGR of 5.43% to reach USD 932.72 Million by 2030. The global snacks market encompasses a diverse range of convenient food items consumed between main meals or as light, supplementary options, spanning both savory and sweet categories. The market's consistent growth is primarily driven by fundamental societal shifts including increasing urbanization, evolving consumer lifestyles demanding greater convenience and on-the-go solutions, and rising disposable incomes globally.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 679.15 Million
Market Size 2030	USD 932.72 Million
CAGR 2025-2030	5.43%
Fastest Growing Segment	Online
Largest Market	Asia Pacific

Key Market Drivers

The increasing demand for convenient and on-the-go options represents a significant catalyst for the global snacks market, driven by evolving consumer lifestyles that necessitate quick and easy consumption solutions. Modern consumers, often operating on demanding schedules, increasingly rely on snacks to bridge hunger gaps or serve as flexible meal alternatives throughout the day. This trend is evident in purchasing behaviors where portability and immediate consumption drive product selection. According to SNAC International, in July 2023, the "State of the Industry 2023" report highlighted that 5% of consumers frequently consume snacks instead of a main meal due to their on-the-go lifestyles, reflecting a notable six-point increase from two years prior.

Key Market Challenges

Persistent volatility in raw material prices represents a significant impediment to the sustained expansion of the global snacks market. Fluctuations in the cost of key ingredients directly translate into increased and unpredictable production expenses for snack manufacturers. This economic pressure forces companies to either absorb higher operational costs, thereby diminishing profit margins, or to transfer these elevated expenses to consumers through increased retail prices. Both outcomes can hinder market growth, as reduced profitability curtails investment in product innovation and market penetration, while higher consumer prices can lead to decreased demand and slower market adoption.

Key Market Trends

The diversification into global and exotic flavors is a key growth trend, with consumers increasingly seeking adventurous and authentic taste experiences from around the world. This trend compels manufacturers to innovate their product portfolios by incorporating diverse culinary influences. According to SNAC International, in its May 2025 State of the Industry Report, spicy and globally inspired flavors, including sriracha and harissa, experienced a 15% rise in consumer popularity.

Key Market Players

General Mills, Inc.
PepsiCo, Inc.
The Kraft Heinz Company
Nestle S.A
WK Kellogg Co
Unilever plc
Calbee, Inc.
Intersnack Group GmbH & Co. KG
Conagra Brands, Inc.
ITC Limited

Report Scope:

In this report, the Global Snacks Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Snacks Market, By Product Type:

Frozen & Refrigerated
Fruit
Bakery

Snacks Market, By Packaging:

Bags & Pouches
Boxes

Snacks Market, By Sales Channel:

Departmental Stores
Online
Hypermarkets/Supermarkets
Others

Snacks Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Snacks Market.

Available Customizations:

Global Snacks Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Snacks Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Product Type (Frozen & Refrigerated, Fruit, Bakery)
- 5.2.2. By Packaging (Bags & Pouches, Boxes)
- 5.2.3. By Sales Channel (Departmental Stores, Online, Hypermarkets/Supermarkets, Others)
- 5.2.4. By Region
- 5.2.5. By Company (2024)
5.3. Market Map

6. North America Snacks Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.2. By Packaging
- 6.2.3. By Sales Channel
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Snacks Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Product Type
    - 6.3.1.2.2. By Packaging
    - 6.3.1.2.3. By Sales Channel
- 6.3.2. Canada Snacks Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Product Type
    - 6.3.2.2.2. By Packaging
    - 6.3.2.2.3. By Sales Channel
- 6.3.3. Mexico Snacks Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Product Type
    - 6.3.3.2.2. By Packaging
    - 6.3.3.2.3. By Sales Channel

7. Europe Snacks Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By Packaging
- 7.2.3. By Sales Channel
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Snacks Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Product Type
    - 7.3.1.2.2. By Packaging
    - 7.3.1.2.3. By Sales Channel
- 7.3.2. France Snacks Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Product Type
    - 7.3.2.2.2. By Packaging
    - 7.3.2.2.3. By Sales Channel
- 7.3.3. United Kingdom Snacks Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Product Type
    - 7.3.3.2.2. By Packaging
    - 7.3.3.2.3. By Sales Channel
- 7.3.4. Italy Snacks Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Product Type
    - 7.3.4.2.2. By Packaging
    - 7.3.4.2.3. By Sales Channel
- 7.3.5. Spain Snacks Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Product Type
    - 7.3.5.2.2. By Packaging
    - 7.3.5.2.3. By Sales Channel

8. Asia Pacific Snacks Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By Packaging
- 8.2.3. By Sales Channel
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Snacks Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Product Type
    - 8.3.1.2.2. By Packaging
    - 8.3.1.2.3. By Sales Channel
- 8.3.2. India Snacks Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Product Type
    - 8.3.2.2.2. By Packaging
    - 8.3.2.2.3. By Sales Channel
- 8.3.3. Japan Snacks Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Product Type
    - 8.3.3.2.2. By Packaging
    - 8.3.3.2.3. By Sales Channel
- 8.3.4. South Korea Snacks Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Product Type
    - 8.3.4.2.2. By Packaging
    - 8.3.4.2.3. By Sales Channel
- 8.3.5. Australia Snacks Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Product Type
    - 8.3.5.2.2. By Packaging
    - 8.3.5.2.3. By Sales Channel

9. Middle East & Africa Snacks Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By Packaging
- 9.2.3. By Sales Channel
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Snacks Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Product Type
    - 9.3.1.2.2. By Packaging
    - 9.3.1.2.3. By Sales Channel
- 9.3.2. UAE Snacks Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Product Type
    - 9.3.2.2.2. By Packaging
    - 9.3.2.2.3. By Sales Channel
- 9.3.3. South Africa Snacks Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Product Type
    - 9.3.3.2.2. By Packaging
    - 9.3.3.2.3. By Sales Channel

10. South America Snacks Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Product Type
- 10.2.2. By Packaging
- 10.2.3. By Sales Channel
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Snacks Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Product Type
    - 10.3.1.2.2. By Packaging
    - 10.3.1.2.3. By Sales Channel
- 10.3.2. Colombia Snacks Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Product Type
    - 10.3.2.2.2. By Packaging
    - 10.3.2.2.3. By Sales Channel
- 10.3.3. Argentina Snacks Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Product Type
    - 10.3.3.2.2. By Packaging
    - 10.3.3.2.3. By Sales Channel

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Snacks Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. General Mills, Inc.
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. PepsiCo, Inc.
15.3. The Kraft Heinz Company
15.4. Nestle S.A
15.5. WK Kellogg Co
15.6. Unilever plc
15.7. Calbee, Inc.
15.8. Intersnack Group GmbH & Co. KG
15.9. Conagra Brands, Inc.
15.10. ITC Limited