Snacks Market Size By Type (Extruded, Non-extruded), By Extruded Snacks Product (Potato, Corn, Rice, Tapioca, Mixed Grains), By Non-extruded Snacks Product (Salty Snacks, Snack Bars, Refrigerated Snacks, Vegetable & Fruit Snacks, Bakery Snacks), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Specialty Food Stores, Online Retailers), Others), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2022-2027
The Snacks Market is expected to be around US$ 558.67 Billion by 2027 at a CAGR of 3.57% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
3
REPORT DESCRIPTION
The Snacks Market is expected to be around US$ 558.67 Billion by 2027 at a CAGR of 3.57% in the given forecast period.
Snacks are a portion of food that are mostly smaller than regular meals. Snacks are usually expended between meals and come in a variation of forms including packaged snacks and other processed snacks. Predictably, snacks are ready from ingredients which are simply available at home.Increasing health concerns along with diets have spurred demand and changing lifestylesfor many snacking options across the world. Growing replacement of meals with snacks, along with more and more people asking for allergen-free, vegan products, is a key trend boosting the market. Global brands have been capitalizing on this opportunity by packaging their products in a more convenient manner to rise shelf life and make them easier to consume on the go. Advanced concepts, flexible products matching consumer needs, and busy lifestyles will benefit market development.Nevertheless, as consumers were forced to stay indoors, snacking became a common habit, typically among the adult and younger population. Producers, witnessing the sudden upsurge, have eventually launched products that are enriched with vitamin,protein, and nutrients giving consumers an on-the-go nutrition while snacking.
The global Snacks market is segregated on the basis of Type as Extruded and Non-extruded. Based on Extruded Snacks Product the global Snacks market is segmented in Potato, Corn, Rice, Tapioca, Mixed Grains, and Others. Based on Non-extruded Snacks Product the global Snacks market is segmented in Salty Snacks, Snack Bars, Refrigerated Snacks, Vegetable & Fruit Snacks, Bakery Snacks, and Others.
Based on Distribution Channel, the global Snacks market is segmented in Supermarkets & Hypermarkets, Convenience Stores, Specialty Food Stores, Online Retailers, and Others.
The global Snacks market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Snacks market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
National Biscuit Industries LTD SAOG, Kellogs, Kraft Foods Group, INC., Nestle SA., Campbell Soup Company, ITC Limited, Mondelez International, INC., Lotus Bakeries NV, Britannia Industries Limited, CALBEE, Inc., and others are among the major players in the global Snacks market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Snacks Market has been segmented as below:
Snacks Market, By Type
Snacks Market, By Extruded Snacks Product
Snacks Market, By Non-extruded Snacks Product
Snacks Market, By Distribution Channel
Snacks Market, By Region
Snacks Market, By Company
The report covers:
Report Scope:
The global Snacks market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Snacks market share. Major industry players with significant revenue share include National Biscuit Industries LTD SAOG, Kellogs, Kraft Foods Group, INC., Nestle SA., Campbell Soup Company, ITC Limited, Mondelez International, INC., Lotus Bakeries NV, Britannia Industries Limited, CALBEE, Inc., and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Snacks Market, By Type
5.1. Key Points
5.2. Extruded
5.3. Non-extruded
6. Snacks Market, By Extruded Snacks Product
6.1. Key Points
6.2. Potato
6.3. Corn
6.4. Rice
6.5. Tapioca
6.6. Mixed Grains
6.7. Others
7. Snacks Market, By Non-extruded Snacks Product
7.1. Key Points
7.2. Salty Snacks
7.3. Snack Bars
7.4. Refrigerated Snacks
7.5. Vegetable & Fruit Snacks
7.6. Bakery Snacks
7.7. Others
8. Snacks Market, By Distribution Channel
8.1. Key Points
8.2. Supermarkets & Hypermarkets
8.3. Convenience Stores
8.4. Specialty Food Stores
8.5. Online Retailers
8.6. Others
9. Competitive Landscape
9.1. Introduction
9.2. Recent Developments
9.2.1. Mergers & Acquisitions
9.2.2. New Product Developments
9.2.3. Portfolio/Production Capacity Expansions
9.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.2.5. Others
10. Company Profiles
10.1 CALBEE, Inc.
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 Britannia Industries Limited
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Lotus Bakeries NV
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Mondelez International, INC.
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 ITC Limited
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Campbell Soup Company
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Nestle SA.
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 Kraft Foods Group, INC.
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.10 Kellogs
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.9.3 Financial Overview
10.10.4 Recent Developments
10.10 National Biscuit Industries LTD SAOG
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The Snacks Market has been segmented as below:
Snacks Market, By Type
Snacks Market, By Extruded Snacks Product
Snacks Market, By Non-extruded Snacks Product
Snacks Market, By Distribution Channel
Snacks Market, By Region
Snacks Market, By Company
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