Snacks Market Size, Share, Analysis Report

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

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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MARKET SNAPSHOT

Major Players

  • National Biscuit Industries LTD SAOG
  • Kellogs
  • Kraft Foods Group, INC.
  • Nestle SA
  • Campbell Soup Company
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    3

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    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

    • Extruded
    • Non-extruded

    Snacks Market, By Extruded Snacks Product

    • Potato
    • Corn
    • Rice
    • Tapioca
    • Mixed Grains
    • Others

    Snacks Market, By Non-extruded Snacks Product

    • Salty Snacks
    • Snack Bars
    • Refrigerated Snacks
    • Vegetable & Fruit Snacks
    • Bakery Snacks
    • Others

    Snacks Market, By Distribution Channel

    • Supermarkets & Hypermarkets
    • Convenience Stores
    • Specialty Food Stores
    • Online Retailers
    • Others

    Snacks Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Snacks Market, By Company

    • 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.

    The report covers:

    • Global Snacks market sizes from 209 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global Snacks market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Snacks market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    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.

    Reasons to Buy this Report:

    • Gain detailed insights on the Snacks industry trends
    • Find complete analysis on the market status
    • Identify the Snacks market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Customization

    Customized report as per the requirement can be offered with appropriate recommendations

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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

    • Extruded
    • Non-extruded

    Snacks Market, By Extruded Snacks Product

    • Potato
    • Corn
    • Rice
    • Tapioca
    • Mixed Grains
    • Others

    Snacks Market, By Non-extruded Snacks Product

    • Salty Snacks
    • Snack Bars
    • Refrigerated Snacks
    • Vegetable & Fruit Snacks
    • Bakery Snacks
    • Others

    Snacks Market, By Distribution Channel

    • Supermarkets & Hypermarkets
    • Convenience Stores
    • Specialty Food Stores
    • Online Retailers
    • Others

    Snacks Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Snacks Market, By Company

    • 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.

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 3.57% during the study period (2022-2027)
    The Snacks Market is expected to be around US$ 558.67 Billion by 2027
    The segment included in the Snacks Market is type, Extruded Snacks Product, Non-extruded Snacks Product, Distribution Channel , and Region.
    Some key players operating in the Snacks Market include National Biscuit Industries LTD SAOG, Kellogs, Kraft Foods Group, INC., Nestle SA., Campbell Soup Company, ITC Limited
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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