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

UNESCO experts: Will take years to restore Brazilian museum

Sep 20, 2018

BRASILIA, Brazil — Experts with UNESCO say it could take years to restore Brazil's National Museum and the vast collections that were ravaged by a fire on Sept. 2. Jose Luiz Pedersoli, who works for International Centre for the Study of the Preservation and Restoration of Cultural Property, said Tuesday that based on the experience of other countries it could take up to 10 years to restore just part of the collections. Pedersoli is part of a group of specialists working with the United Nations' cultural agency that visited the remains of the museum. Group director Cristina Menegazzi said its...

Needle-in-strawberry scare spreads across Australia

Sep 20, 2018

MELBOURNE, Australia — Public fears about sewing needles concealed inside strawberries on supermarket shelves have spread across Australia and New Zealand as growers turn to metal detectors and the Australian government launches an investigation to restore public confidence in the popular fruit. The government of Queensland state, where the contamination scare started last week, offered a 100,000 Australian dollar ($72,000) reward for information leading to the arrest of the person responsible for inserting needles into strawberries after six brands — Donnybrook Berries, Love Berry, Delightful Strawberries, Oasis, Berry Obsession and Berry Licious — were recalled. The scare had spread across...

Friendships set aside for Argentina-Australia rugby match

Sep 20, 2018

GOLD COAST, Australia — If Saturday's Rugby Championship match between Australia and Argentina is a family reunion, Wallabies coach Michael Cheika isn't planning to be too hospitable. Argentina head coach Mario Ledesma was a former forwards coach with the Wallabies, and both Cheika and assistant coach Stephen Larkham consider the rookie Pumas coach a good friend. It's the first time that Ledesma, who was named to the post in early August, will go head-to-head against his former colleagues. There's plenty on the line — the Pumas haven't won in Australia in 35 years. Argentina split a home-and-away series against South...

Brazil candidate recovering from surgery after stabbing

Sep 20, 2018

SAO PAULO — Brazil's far-right presidential candidate Jair Bolsonaro is recovering after a successful emergency surgery to repair tissues of his intestinal walls. Sao Paulo's Albert Einstein hospital said in a statement Thursday that the candidate's abdomen had become distended and surgery was performed on Wednesday to repair the adhesions. Bolsonaro was stabbed Sept. 6 during a rally in the southeastern city of Juiz de Fora. He suffered intestinal damage and serious internal bleeding and underwent surgery at a local hospital before he was transferred to Sao Paulo. A Datafolha poll published on Monday showed Bolsonaro leading the race for...

Women seek bartending jobs in Cuba as tourism industry grows

Sep 20, 2018

HAVANA — For years, Barbara Betancourt has left her two teenage daughters at home and put on black pants and a white shirt to go to the bar. Elegant and charismatic, she is the face of an increasingly visible phenomenon in Cuba: the rise in female bartenders who break convention to benefit from the growing tourism industry, grabbing job opportunities that have come in the last five years with the opening of new private businesses. "You have to be a strong woman. With a strong character. You can't be weak or have a husband who says, 'You can't do it,'"...

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