Snack Products Market: Global Market Estimation, Size, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Snack Products Market: By Product Type (Chips and Crips, Cheese, Cookies and Biscuits, Nuts and Seeds, Chocolate, Bread and Sandwiches, Fresh Fruits and Vegetables, Ice Cream, Others), By Distribution Channel (Super Markets & Hyper Markets, Online Stores, Departmental Stores, Others), and Geography

 

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Report

Description

Snack Products Market size was valued at USD 425.6 billion in 2021, growing at a CAGR of 3.5% during the forecast period 2022-28. Snack products are the part of food, which are less quantity than a regular meal and consumed between meals. Snacks are available in a variety of farms such as including processed food and packaged food. These products are made from the fresh ingredients at home. Some of the snack products are sweets, sandwiches, leftovers, cold cuts, fruits, and nuts among others. The report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.

 

Key Developments:

In January 2017, General Mills, Inc. launched a new snack product series such as Nature Valley Granola bars, Yoplait Custard, and Haagen-Dazs ice cream in healthy snacks category.

Snack Products Market

MARKET SUMMARY
-
3.5%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 3.5%
  • Largest Market– North America
  • Fastest Growing Market– Asia-Pacific

Snack Products Market

  • Snack Products Market gives historical, current, and future market sizes (US$ Bn) of product type and distribution channel and geographic regions.
  • Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
  • Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers engaged in manufacturing and supply of Infant nutrition
Key Players
  • Kellogg Company
  • McCain Foods Ltd.
  • PepsiCo Inc.
  • Aviko B.V.
  • Calbee Inc.
Snack Products Market Dynamics

Increase in the global population demanding for the ready to eat food products coupled with busy work schedules are key drivers for the growth of snack products market. Moreover, innovation of newer products with different flavors, rise in disposable income, rapid urbanization, and manufacturing of nutrient snacks are anticipated to propel the snack products market over the forecast years. However, high cost of raw materials, decay of snack products due to unfavorable storage conditions, and adverse effects associated with the usage of low quality raw materials may restrain the growth of global snack products market.


North-America Got Significant Share

Snack Products Market

Geographically, global snack products market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America snack products market is poised to grow at significant rate due to rise in demand for snack products due to busy work schedule, rise in disposable income, and huge number of market players present in the U.S. are anticipated to fuel the market. Europe snack products market growth driven by rise in women workforce in developed countries, change in lifestyle and food habits, and rise in health awareness among the people in developed countries are expected to bolster the market. However, Asia pacific snack products market recording the fastest growth, which is attributed to rise in population in India and China, entry of market players and online distribution channels providing discounts on snack products, and grow in snack food industries are boost the market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

KEY FEATURES OF THE REPORT

  • The report provides granular level information about the market size, regional market share, historic market (2016 to 2021) and forecast (2022 to 2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Snack Products Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

  • Kellogg Company (U.S)
  • McCain Foods Ltd. (Canada)
  • PepsiCo Inc. (U.S.)
  • Intersnack Group (Germany)
  • General Mills Inc. (U.S)
  • McDonald’s Corporation (U.S)
  • Lamb Weston Holdings Inc. (U.S)
  • Aviko B.V. (Netherlands)
  • Calbee Inc. (Japan)
  • Mondelez International (U.S)

Description

Snack Products Market size was valued at USD 425.6 billion in 2021, growing at a CAGR of 3.5% during the forecast period 2022-28. Snack products are the part of food, which are less quantity than a regular meal and consumed between meals. Snacks are available in a variety of farms such as including processed food and packaged food. These products are made from the fresh ingredients at home. Some of the snack products are sweets, sandwiches, leftovers, cold cuts, fruits, and nuts among others. The report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.

 

Key Developments:

In January 2017, General Mills, Inc. launched a new snack product series such as Nature Valley Granola bars, Yoplait Custard, and Haagen-Dazs ice cream in healthy snacks category.

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