Asia-Pacific Savory Snacks Market Size, Competitive Landscape, Country Analysis, Distribution Channel, Packaging Formats and Forecast, 2016-2026

The global savory snacks sector was valued at $177 billion in 2021. The sector is expected to register a value CAGR of 5.3% during 2021-26. The Asia-Pacific savory snacks sector was valued at $68.2 billion in 2021 and it is forecast to reach $90.4 billion in 2026, registering a CAGR of 5.8% during 2021-26. In volume terms, savory snacks sector in Asia-Pacific registered 6,882.2 million units in 2021 recording a CAGR of 4.9%. Furthermore, the savory snacks sector in Asia-Pacific is highly consolidated, with the top five companies accounting for 20.2% of overall sales in 2021. Moreover, private labels accounted for a 1.8% share in 2021. Hypermarkets & supermarkets was the leading distribution channel in the Asia-Pacific savory snacks sector in 2021, with a 39.8% share. Flexible packaging was the most used pack material in 2021, accounting for an 95.9% share in the Asia-Pacific savory snacks sector.

This report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific savory snacks sector. It includes market overview, high growth country analysis, top companies, key distribution channels, packaging formats and case studies.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific savory snacks sector, analyzing data from 26 countries in the region. It includes analysis on the following:

• Market environment: Includes sector size, market size, and growth analysis by category
• High-potential countries' analysis: Indicates changing share of value consumption of savory snacks by category across high-potential countries in the Asia-Pacific region. It also provides risk-reward analysis of four countries across Asia-Pacific based on market assessment, economic development, sociodemographic trends, governance indicators, and technological infrastructure
• Country deep dive: Provides the overview, demographic analysis, city analysis, and key trends across high-potential countries
• Success stories: Provides some of the most compelling savory snacks manufacturers, brands, products, and marketing campaigns in Asia-Pacific. It also provides a better understanding of how certain manufacturers achieved success in the sector and insights
• Competitive environment: Provides an overview of leading companies in the Asia-Pacific region, besides analyzing the growth of private labels in the region
• Health & wellness analysis*: Provides insights on health & wellness products in terms of value and percentage share in the overall food sector during 2016-21. The analysis includes key health & wellness attributes and consumer benefits driving the sales of the savory snacks sector in 2021. It also covers the market shares of leading companies offering savory snacks with health & wellness attributes in the same year
• Distribution analysis: Provides analysis on the leading distribution channels in the Asia-Pacific savory snacks sector in 2021. These channels include hypermarkets and supermarkets; convenience stores; e-retailers; food and drinks specialists; cash and carries and warehouse clubs; “dollar stores'; variety stores and general merchandise retailers; and vending machines
• Packaging analysis*: The report provides percentage share (in 2021) and growth analysis (during 2016-21) for various pack materials, pack types, closure types, and primary outer types based on volume sales (by pack units) of savory snacks
• Challenges and future outlook: Provides the challenges and outlook pertaining to the Asia-Pacific savory snacks sector

Reasons to Buy

• Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region
• The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
• The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, that can help companies in revenue expansion
• To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates