Savory Snacks Global Market Segmentation and key Players Analysis 2020

Pune, India, 12th January 2018: WiseGuyReports announced addition of new report, titled “Savory Snacks Market Development and Demand Forecast to 2020”.

Pune, India - January 12, 2018 /MarketersMedia/ —

The global savory snacks market value is anticipated to reach at USD 166 Billion by 2020, at a CAGR of 7.1% during the forecasted period. The market is being driven by the rising urbanization, increasing per capita income (especially in developing countries), and changing food consumption patterns.

The high growth of savory snacks market in Asia-Pacific region is mainly coming from the increasing demand from China and India, as they constitute large part of the global and regional population. The healthier alternatives to savory snacks such as bakery products, fresh fruits, and juices are hindering the market growth which is compelling companies to offer healthier snacking options. The demand for small pack sizes have been increasing considerably in certain countries, such as India and Mexico, due to increasing consumption from lower income groups and demographic changes.

GET SAMPLE REPORT @ https://www.wiseguyreports.com/sample-request/820132-savory-snacks-market-development-and-demand-forecast-to-2020

Savory snacks manufacturing companies are engaged in innovation of their offerings to remain competitive amidst competition from its substitutes. The rising health concerns is also compelling the companies to increase healthier products in their portfolio. The market is highly competitive due to its fragmented nature; however, PepsiCo with its large share stands as an exception.

The key market players include PepsiCo, Inc., Kraft Foods Group, Inc., ConAgra Foods, Inc., CALBEE, Inc., Diamond Foods, Inc., General Mills, Inc., Intersnack Group GmbH & Co. KG, Lorenz Bahlsen Snack-World Group, Kellogg Company and Orkla ASA.
People are demanding varieties in snacks, which is encouraging companies to launch new products. Several companies have been announcing the launch of products with new tastes, flavors, and shapes to maintain their competitiveness in the market. Moreover, customers’ increasing inclination towards organic foods is compelling the savory snack companies to innovate their products for customer retention.

Key Players
The leading market players in Savory Snacks primarily are PepsiCo, Inc., Kraft Foods Group, Inc., ConAgra Foods, Inc., CALBEE, Inc., Diamond Foods, Inc., General Mills, Inc., Intersnack Group GmbH & Co. KG, Lorenz Bahlsen Snack-World Group, Kellogg Company and Orkla ASA.

Study Objectives of Savory Snacks Forecast to 2020
• To provide driving factors for the global savory snacks market through 2015 to 2020
• To provide the major factors need to be addressed for wide scale adoption of savory snacks through the forecast years
• To understand the supply and demand dynamics
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• Analysis of historical market trends, and technologies, and current government regulatory requirements
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

Target Audience
• Savory Snacks manufacturers
• Bakery Food manufacturers
• Food processing companies
• E-commerce
• Retailers
• Government organizations

Key Findings
• Asia-Pacific is expected to dominate the global savory snacks market surpassing the revenues of North America during the forecast period
• Japan and China together are expected to account for about 15% of the global savory snacks market, in terms of value, by 2020
• India, China and Mexico are expected to be the most lucrative market during the forecast period due to their high growth rate
• Sales through supermarkets and hypermarkets is expected to increase during the forecast period due to increasing urbanization

Country Analysis of Global Savory Snacks Market Forecast to 2020 Market
As per the MRFR analysis, the global market for Savory Snacks has witnessed continued demand during the last few years and is projected to reach USD 166 Billion by 2020, at a CAGR of 7.1% during the forecasted period.
The reports also cover country level analysis:
• North America
• Europe
• APAC
• Rest of the World

Table of Content: Key Points
1. Research Scope and Methodology
1.1 Market Definition
1.2 Market Breakdown by Segments
1.3 Market Breakdown by Geography
1.4 Research Methodology and Sources
2. Executive Summary
2.1 Key Findings
2.2 Research Summary
3. Market Outlook
3.1 Introduction
3.1.1 Value chain analysis
3.2 Trends in the Market
3.2.1 Companies are announcing the launch of new variety of products
3.3 Opportunities in the Market
3.3.1 Increasing large-format retail in developing countries is laying opportunities for savory snacks market
3.4 Factors Driving the Market and its Impact on Market Forecast
3.5 Factors Hindering the Market and its Impact on Market Forecast
4. Global Market Size and Forecasts (2011 – 2020)
4.1 Global Savory Snacks Market Breakdown by Segment
…Continued

ACCESS REPORT @ https://www.wiseguyreports.com/reports/820132-savory-snacks-market-development-and-demand-forecast-to-2020

Get in touch:
LinkedIn: www.linkedin.com/company/4828928
Twitter: https://twitter.com/WiseGuyReports
Facebook: https://www.facebook.com/Wiseguyreports-1009007869213183/?fref=ts

Contact Info:
Name: NORAH TRENT
Email: Send Email
Organization: WISEGUY RESEARCH CONSULTANTS PVT LTD
Address: Office No. 528, Amanora Chambers
Phone: +91 841 198 5042

Source URL: https://marketersmedia.com/savory-snacks-global-market-segmentation-and-key-players-analysis-2020/286799

For more information, please visit http://www.wiseguyreports.com

Source: MarketersMedia

Release ID: 286799

Latest News

Cubans fly around the world hunting shopping bargains

Dec 11, 2018

PORT-AU-PRINCE, Haiti — Most people don't think of Haiti as a shopping destination. Unless they're Cuban. Every afternoon, hundreds of Cubans swarm a rutted crossroads in the capital of the hemisphere's poorest nation, hunting clothes, light bulbs, perfume and other goods that are in short supply back home. Haitian vendors blast Cuban reggaeton music to draw in shoppers. In a year-old cafe painted with Cuban flags, Havana-born Angelina Luis Dominguez and her niece Yeleny Terry Luis serve black beans, rice and roast pork to compatriots on lunch breaks. "There are thousands, thousands of Cubans," Luis Dominquez said. "There used to...

Plane crashes in Sao Paulo neighborhood, 2 dead, 12 injured

Dec 11, 2018

SAO PAULO — A small plane crashed into a residential neighborhood in Brazil's biggest city Friday, killing at least two people and injuring a dozen, firefighters said. The charred remains of the single-plane spilled from a hole in one of the three homes it hit near Sao Paulo's small Campo do Marte airfield. Two cars in front of the building were also smashed. A firefighting spokesman told The Associated Press that the bodies of two people were pulled from the wreckage of the six-seat Cessna 210 Centurion. Spokesman Andre Elias said it wasn't immediately clear if the plane was carrying...

Fashion show blends Cuban private enterprise, US sponsorship

Dec 11, 2018

HAVANA — Models in Cuba strutted in paint-stained shirts and leather construction boots Thursday night in an unusual blend of local private enterprise and American corporate sponsorship. The open-air fashion show put on by the Cuban label Clandestina and internet giant Google was titled "Country Under Construction" and took place outside Havana's Museum of Fine Arts. Google is one of the American companies that have had the greatest success in building relations with the Cuban government since the declaration of detente by Presidents Raul Castro and Barack Obama. It has installed Google servers in Cuba to speed up company services...

UN finds 486 million in Asia still hungry, progress stalled

Dec 11, 2018

BANGKOK — A United Nations report says some 486 million people are malnourished in Asia and the Pacific and progress in alleviating hunger is stalling. The report by the Food and Agricultural Organization released Friday said more than half of all children in the world who are malnourished live in the region. It says hunger-related stunting that causes permanent damage is being worsened by food insecurity and inadequate sanitation, even in big cities in relatively affluent countries. It says the main reason people still go hungry is poverty and unequal access to good food, clean water and toilets. Many who...

Indonesian airline whose plane crashed a low-cost high flyer

Dec 11, 2018

BANGKOK — Lion Air, the airline whose plane crashed early Monday while traveling from Jakarta to an island off Indonesia's Sumatra with 189 people on board, is a fast-growing low cost airline with a mixed safety record. The privately-owned carrier was founded in 1999 to provide access to air travel to everyone. It offers dozens of flights a day both internationally and within the archipelago's more than 17,000 islands. The biggest airline in the country in terms of passenger numbers and one of the largest low-cost carriers after Malaysia-based AirAsia, it mostly flies Boeing 737s. Before Monday's crash the airline...

Diver Haven is brought to you by a team of tech-savvy diving enthusiasts. Diver of all walks of life be it recreational to professional, scuba or freedivers are always welcome.

Contact us: sales[at]diverhaven.com