Global Savory Snacks Market 2017-2021

  • ID: 4143910
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
OFF
until May 31st 2018
1 of 5

FEATURED COMPANIES

  • Arca Continental
  • Calbee
  • Hormel Foods
  • Kellogg
  • Mars
  • Orkla
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Savory Snacks

Savory snacks come under the snack foods category, which have a salty taste and are different from sweet snacks. The global savory snacks market can be divided into eight major categories: potato chips, extruded snacks, nuts and seeds, frozen potato snacks, ethnic/traditional snacks, popcorn, meat snacks, and other savory snack products.

The analysts forecast the global savory snacks market to grow at a CAGR of 5.37% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global savory snacks market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of different types of savory snacks through various retail outlets and foodservice establishments, which include but not limited to hypermarkets, supermarkets, convenience stores, independent retailers, discount stores, warehouse clubs, and others.

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

The report, Global Savory Snacks Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Aviko
- Calbee
- Intersnack Group
- Kellogg
- Lamb Weston
- McCain Foods
- PepsiCo

Other prominent vendors
- Arca Continental
- Blue Diamond Growers
- Burts Potato Chips
- Conagra Brands
- Haldiram Foods International
- Hain Celestial Group
- Herr Foods
- Hormel Foods
- ITC
- JFC International
- Link Snacks
- Mars
- Mondelez International
- Old Dutch Foods
- Orkla
- The Lorenz Bahlsen Snack-World
- Kraft Heinz
- Tyson Foods
- Tyrrells Potato Crisps
- Want Want Holdings

Market drivers
- Rising demand for snack items with high protein content.
- For a full, detailed list, view the full report

Market challenges
- Health issues associated with excessive potato consumption.
- For a full, detailed list, view the full report

Market trends
- Rise in the number of marketing and promotional campaigns.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Arca Continental
  • Calbee
  • Hormel Foods
  • Kellogg
  • Mars
  • Orkla
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Product definition
  • Segmentation by product
  • Segmentation by end-use
  • Segmentation by distribution channel
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product type
  • Global savory snacks market by product type
  • Global potato chips market
  • Global extruded snacks market
  • Global nuts and seeds market
  • Global frozen potato snacks market
  • Global ethnic/traditional snacks market
  • Global popcorn market
  • Global meat snacks market
  • Global other savory snacks market
PART 07: Market segmentation by end-use
  • Global savory snacks market by end-use
  • Global savory snacks market for retail sector
  • Global savory snacks market for foodservice sector
  • PART 08: Market segmentation by distribution channel
  • Savory snacks distribution channel in North America
  • Savory snacks distribution channel in APAC
  • Savory snacks distribution channel in Europe
  • Savory snacks distribution channel in ROW
PART 09: Geographical segmentation
  • Global savory snacks market by geography
  • Savory snacks market in North America
  • Savory snacks market in APAC
  • Savory snacks market in Europe
  • Savory snacks market in ROW
PART 10: Key leading countries
  • Savory snacks market in US
  • Savory snacks market in China
  • Savory snacks market in Japan
  • Savory snacks market in UK
  • Savory snacks market in Russia
PART 11: Decision framework

PART 12: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 13: Market trends
  • Technological innovations
  • Increase in strategic alliances
  • Growing demand for healthier snack variants
  • Rise in the number of marketing and promotional campaigns
  • Growing focus on expanding production capabilities
PART 14: Competitor analysis
  • Competitive scenario
  • Competitive positioning assessment
  • Market positioning matrix based on product portfolio and market presence of key players
  • Aviko
  • Calbee
  • Intersnack Group
  • Kellogg
  • Lamb Weston
  • McCain Foods
  • PepsiCo
  • Other prominent vendors
PART 15: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global savory snacks market: An overview
Exhibit 02: Types of savory snacks
Exhibit 03: Global savory snacks market 2016-2021 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global savory snacks market by product type 2016 and 2021 (% share of revenue)
Exhibit 06: Growth outlook for global savory snacks market by product type 2016-2021
Exhibit 07: Global potato chips market 2016-2021 ($ billions)
Exhibit 08: Global extruded snacks market 2016-2021 ($ billions)
Exhibit 09: Global nuts and seeds market 2016-2021 ($ billions)
Exhibit 10: Global frozen potato snacks market 2016-2021 ($ billions)
Exhibit 11: Global ethnic/traditional snacks market 2016-2021 ($ billions)
Exhibit 12: Global popcorn market 2016-2021 ($ billions)
Exhibit 13: Global meat snacks market 2016-2021 ($ billions)
Exhibit 14: Global other savory snacks market 2016-2021 ($ billions)
Exhibit 15: Global savory snacks market by end-use 2016 and 2021 (% share of revenue)
Exhibit 16: Growth outlook for global savory snacks market by end-use 2016-2021
Exhibit 17: Global savory snacks market for retail sector 2016-2021 ($ billions)
Exhibit 18: Global savory snacks market for foodservice sector 2016-2021 ($ billions)
Exhibit 19: Global foodservice market 2015-2020 ($ trillions)
Exhibit 20: Number of convenience stores 2014 and 2015 in top countries
Exhibit 21: Distribution channels in the savory snacks market in North America 2016 (%)
Exhibit 22: Distribution channels in the savory snacks market in APAC 2016 (%)
Exhibit 23: Distribution channels in savory snacks market in Europe 2016 (% share)
Exhibit 24: Distribution channels in savory snacks market in ROW 2016 (% share)
Exhibit 25: Global savory snacks market by geography 2016 and 2021 (% share of revenue)
Exhibit 26: Growth outlook for global savory snacks market by geography 2016-2021
Exhibit 27: Savory snacks market in North America 2016-2021 ($ billions)
Exhibit 28: Savory snacks market in APAC 2016-2021 ($ billions)
Exhibit 29: Savory snacks market in Europe 2016-2021 ($ billions)
Exhibit 30: Savory snacks market in ROW 2016-2021 ($ billions)
Exhibit 31: Key leading countries: Market share 2016
Exhibit 32: Savory snacks market in US 2016-2021 ($ billions)
Exhibit 33: Top 10 potato chip brands in US 2015 (by revenue)
Exhibit 34: Top 10 corn-based snack brands in US 2015 (by revenue)
Exhibit 35: Number of convenience stores in US 2010-2015
Exhibit 36: Savory snacks market in China 2016-2021 ($ billions)
Exhibit 37: Savory snacks market in Japan 2016-2021 ($ billions)
Exhibit 38: Savory snacks market in UK 2016-2021 ($ billions)
Exhibit 39: Savory snacks market in Russia 2016-2021 ($ billions)
Exhibit 40: Global internet penetration rate 2015 (%)
Exhibit 41: Global urban population 2010-2015 (billions)
Exhibit 42: Impact of drivers
Exhibit 43: US corn prices January 2016 to January 2017 ($/metric ton)
Exhibit 44: Global packaged fruit snacks market 2016-2021 ($ billions)
Exhibit 45: Impact of challenges
Exhibit 46: Competitive positioning matrix for key savory snacks manufacturers in 2016
Exhibit 47: Market positioning matrix based on product portfolio and market presence of key players
Exhibit 48: Aviko: Product portfolio
Exhibit 49: Calbee: Product portfolio
Exhibit 50: Calbee: Country-wise Brand portfolio
Exhibit 51: Intersnack Group: Product portfolio
Exhibit 52: Kellogg: Product portfolio
Exhibit 53: Lamb Weston: Product portfolio
Exhibit 54: McCain Foods: Product portfolio
Exhibit 55: PepsiCo: Product portfolio
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Arca Continental
  • Calbee
  • Hormel Foods
  • Kellogg
  • Mars
  • Orkla
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Global Savory Snacks Market 2017-2021

The author of the report recognizes the following companies as the key players in the global savory snacks market: Aviko, Calbee, Intersnack Group, Kellogg, Lamb Weston, McCain Foods, and PepsiCo.

Other Prominent Vendors in the market are: Arca Continental, Blue Diamond Growers, Burts Potato Chips, Conagra Brands, Haldiram Foods International, Hain Celestial Group, Herr Foods, Hormel Foods, ITC, JFC International, Link Snacks, Mars, Mondelēz International, Old Dutch Foods, Orkla, The Lorenz Bahlsen Snack-World, Kraft Heinz, Tyson Foods, Tyrrells Potato Crisps, and Want Want Holdings.

Commenting on the report, an analyst from the research team said: “One trend in market is technological innovations. With the food industry constantly evolving, manufacturers are focusing on providing their customers with better-quality products by using more efficient processing equipment. For instance, on October 27, 2016, Florigo Industry, a renowned and reliable partner of various potato processing companies with customers in over 80 countries, launched a continuous potato chip fryer with the patented Opti-Flow technology to enhance frying performance. This Opti-Flow technology reduces the occurrence of turbulence as it removes 99% of cyclone dead spots at the beginning of the fryer. This aids in ensuring the nominal flow speed all along the fryer by preventing the settling of debris and helps in assuring that the potato slices do not absorb any excess oil. Potato chip manufacturers can lower the level of acrylamides and reduce the number of rejects by using this technology, thereby enhancing both product quality and yield.”

According to the report, one driver in market is evolving taste preferences. Taste preferences for savory snacks are evolving, as consumers, especially the youth, are eager to experiment and constantly seek different products. Manufacturers strive to meet this demand through product innovation, brand extension, and the introduction of new brands. Continuous product development and innovation are essential for the sustainability of any industry, and the global savory snacks market is no exception. Therefore, manufacturers have been focusing on launching several product varieties in terms of ingredients and flavors. Most manufacturers especially target the millennials, a growing health-conscious consumer segment, especially in Europe and the Americas. For example, on July 18, 2016, PepsiCo launched four popular global potato chip flavors — Brazilian Picanha (skewered-grilled steak with chimichurri sauce), Chinese Szechuan Chicken (inspired by Sichuan peppers), Kettle Cooked Indian Tikka Masala (a tomato-based dish with turmeric and cumin), and Wavy Greek Tzatziki (flavored with dill, garlic, and other spices) — under its LAY'S brand. These flavors have been made available through retail stores across the US 25 July 2016 onward. On September 6, 2016, PepsiCo partnered with CARA in Canada to offer its limited-edition potato chip flavor, Chalet sauce, for Canadian consumers. In 2013, the company launched chocolate-covered potato chips to primarily attract the millennial women consumer segment.

Further, the report states that one challenge in market is growing popularity of alternative snack products. Frozen yogurt, cereal bars, and fruit-based snack products are some of the most popular substitutes for savory snack products such as potato chips and extruded snacks. A wide variety of options are available in the market, and hence, consumers can easily switch between products. Moreover, most consumers in this space are price-sensitive and do not have brand loyalty. Substitutes like cereal bars are attracting more consumers owing to their high nutritional value. The sales of cereal bars globally accounted for $11.49 billion in 2015 and will reach $13.84 billion by 2020, growing at a CAGR of 3.79%. Similarly, the global packaged yogurt sales reached $68.01 billion in 2015, growing at a CAGR of 6.72%. Newer varieties of snacks are also emerging and giving tough competition to savory snack products. One example is fruit crisps, provided by Nims Fruit Crisps, a 2010 start-up that uses air-drying to produce fruit snacks without the use of additives or preservatives. One serving of the company's fruit crisps contains 52 calories, which is significantly lower than the 171-calorie content in an average bag of salted potato chips. Thus, the growing popularity of competitive products is hindering the growth of the market.

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.
Note: Product cover images may vary from those shown
5 of 5
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

  • Aviko
  • Calbee
  • Intersnack Group
  • Kellogg
  • Lamb Weston
  • McCain Foods
  • PepsiCo
  • Arca Continental
  • Blue Diamond Growers
  • Burts Potato Chips
  • Conagra Brands
  • Haldiram Foods International
  • Hain Celestial Group
  • Herr Foods
  • Hormel Foods
  • ITC
  • JFC International
  • Link Snacks
  • Mars
  • Mondelez International
  • Old Dutch Foods
  • Orkla
  • The Lorenz Bahlsen Snack-World
  • Kraft Heinz
  • Tyson Foods
  • Tyrrells Potato Crisps
  • Want Want Holdings
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll