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 bizdailyonline.com

Global stocks mixed after US government shutdown

Jan 24, 2018

BEIJING — Global stocks were mixed Monday after global investors shrugged off the latest U.S. government shutdown. KEEPING SCORE: In early trading, German's DAX was off 8 points at 13,423.85 and France's CAC 40 declined 0.1 percent to 5,519.85. London's FTSE 100 was up 5 points at 7,735.77. On Friday, the DAX rose 1.2 percent, the CAC 40 added 0.6 percent and the FTSE 100 gained 0.4 percent. On Wall Street, the future for the Dow Jones industrial average was off 0.2 percent and that for the Standard & Poor's 500 index was down 0.1 percent. ASIA'S DAY: The Shanghai...

Stocks rise despite looming US government closure

Jan 24, 2018

HONG KONG — Stock markets rose Friday as investors looked past the threat of a U.S. federal government shutdown and focused on a strong underlying economy. The price of oil fell on a report saying U.S. production is set to rise further above 50-year highs. KEEPING SCORE: Germany's DAX was up 1.1 percent to 13,424 and France's CAC 40 rose 0.5 percent to 5,521. Britain's FTSE 100 gained a more modest 0.3 percent to 7,720 after data showed retail sales fell sharply in the holiday spending month of December. Wall Street was poised to open higher: Dow futures added 0.3...

Asian shares mixed as US government shutdown threat looms

Jan 24, 2018

HONG KONG — Asian stock markets were uneven and the dollar fell on Friday following Wall Street's retreat as the threat of a U.S. federal government shutdown loomed on the weekend. KEEPING SCORE: Japan's benchmark Nikkei 225 climbed 0.3 percent to 23,836.84 and South Korea's Kospi was flat at 2,517.19. Hong Kong's Hang Seng rose 0.2 percent to 32,188.11 while the Shanghai Composite in mainland China rose 0.4 percent to 3,488.87. Australia's S&P/ASX 200 dipped 0.1 percent to 6,010.00. Shares were mixed in Southeast Asia. SHUTDOWN: U.S. politicians were scrambling to avert a possible federal government shutdown before a midnight...

Global stocks advance as investors look ahead to US earnings

Jan 24, 2018

BEIJING — Global stocks were mostly higher Tuesday following a holiday for U.S. markets as investors looked ahead to American corporate earnings. KEEPING SCORE: Germany's DAX gained 0.9 percent to 13,323 and France's CAC 40 added 0.2 percent to 5,521. London's FTSE 100, however, shed 0.2 percent to 7,756. On Wall Street, futures for the Dow Jones industrial average and Standard & Poor's 500 index were up 0.8 percent and 0.4 percent, respectively. EARNINGS OUTLOOK: Investors are watching for the impact of Washington's latest tax changes on U.S. companies as earnings season for the final quarter of 2017 gets into...

Asian stocks advance as investors look ahead to US earnings

Jan 24, 2018

BEIJING — Asian stock markets were mostly higher Tuesday following a holiday for U.S. markets as investorsed look ahead to American corporate earnings. KEEPING SCORE: The Shanghai Composite Index rose 0.4 percent to 3,425.03 and Tokyo's Nikkei 225 added 0.7 percent to 23,882.23. Hong Kong's Hang Seng gained 1.2 percent to 31,701.59 and Seoul's Kospi advanced 0.3 percent to 2,511.86. Sydney's S&P-ASX 200 shed 0.2 percent to 6,062.50. Taiwan, New Zealand Southeast Asian markets advanced. EARNINGS OUTLOOK: Investors are watching for the impact of Washington's latest tax changes on U.S. companies as earnings season for the final quarter of 2017...

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@bizdailyonline.com

Subscribe Now!