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

More News From Biz Daily Online

World stocks mixed as NKorea's restraint eases concerns

May 25, 2018

HONG KONG — World stock markets were mixed Friday as investors eyed the diplomatic rhetoric over North Korea, developments in global trade disputes and prepared for a long weekend in the U.S. and Britain. KEEPING SCORE: Germany's DAX rose 0.8 percent to 12,961 and France's CAC 40 added 0.4 percent to 5,568. Britain's FTSE 100 climbed 0.1 percent to 7,725. Wall Street was poised to open slightly lower — Dow futures shed 0.1 percent and S&P 500 futures were down 0.2 percent. Markets will be closed on Monday in the U.S. and Britain. ASIAN SCORECARD: Japan's benchmark Nikkei 225 index...

Asian shares lower as NKorea cancellation adds uncertainty

May 25, 2018

HONG KONG — Asian stock indexes were mostly lower Friday as investors factored in fresh geopolitical uncertainty following the abrupt cancellation of a meeting between the U.S. and North Korean leaders. KEEPING SCORE: Japan's benchmark Nikkei 225 index rose 0.1 percent to 22,457.20 but South Korea's Kospi lost 0.2 percent to 2,461.77. Hong Kong's Hang Seng shed 0.5 percent to 30,603.56 and the Shanghai Composite in mainland China slipped 0.2 percent to 3,147.62. Australia's S&P/ASX 200 dipped 0.1 percent to 6,031.30. Taiwan's benchmark rose but Southeast Asian indexes were mostly lower. SUMMIT SCRUBBED: President Donald Trump cancelled a June meeting...

Global stocks subdued as US mulls auto import tariffs

May 25, 2018

BANGKOK — World stock markets were subdued Thursday as carmakers' shares fell after the Trump administration said it was investigating imposing new tariffs on imports of autos and auto parts. KEEPING SCORE: Germany's DAX was flat at 12,975 and the CAC 40 in France rose 0.4 percent to 5,589. The FTSE 100 in Britain was down 0.1 percent at 7,782. Futures for the S&P 500 were flat while the Dow futures edged down less than 0.1 percent. TRUMP ON TRADE: China, Japan and the European Union condemned the Trump administration's decision to launch an investigation into whether tariffs are needed...

Asian shares mixed after Fed gives Wall Street a boost

May 25, 2018

BANGKOK — Shares were mixed in Asia on Thursday after U.S. stocks reversed early losses and finished higher as investors appraised the Federal Reserve's signal that it is not in a hurry to raise interest rates. KEEPING SCORE: Japan's Nikkei 225 index fell 1.2 percent to 22,418.18 and the Kospi in South Korea slipped 0.3 percent to 2,464.74. Australia's S&P ASX 200 gave up 0.2 percent to 6,021.60 and the Shanghai Composite index was down less than 0.1 percent at 3,167.83. Shares rose in Indonesia, Taiwan and Singapore but fell in Thailand. WALL STREET: Shares recovered from early losses after...

Asian markets mostly lower after Wall Street gains

May 25, 2018

BEIJING — Asian markets were mostly lower Tuesday after Wall Street gained as Italy moved toward forming a euroskeptic-led government. KEEPING SCORE: The Shanghai Composite Index declined 0.2 percent to 3,208.20 and Sydney's S&P-ASX 200 lost 0.7 percent to 6,039.20. Tokyo's Nikkei 225 edged up 4 points to 23,005.25. Markets in Hong Kong and South Korea were closed for holidays. Benchmarks in New Zealand, Singapore and Malaysia also declined. WALL STREET: Industrial and technology companies led gains after Washington and Beijing appeared to make progress in trade talks. The Dow Jones industrial average rose 1.2 percent to 25,013.29. The Standard...

About Us

Biz Daily Online gives a complete understanding of the world of business to you. Get today’s business news and learn about the trends that are affecting every business here.

Contact us: sales[at]bizdailyonline.com

Subscribe Now!