Market Forecast By Regions (North America, Latin America, Middle East, Africa, Asia Pacific And Europe), By Product Type (Potato Chips, Extruded Snacks, Nuts & Seeds, Popcorn, Others), By Distribution Channel (Supermarket/Hypermarket, Independent Retailers, Convenience Stores, Service Station, Others), By Flavor (Roasted/Toasted, Barbeque, Spice, Beef, Others) And Competitive Landscape
Product Code: ETC060869 | Publication Date: Jul 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global Savory Snacks Marketย is quickly reaching its pre-COVID levels and a healthy growth rate is expected over the forecast period driven by the V-shaped recovery in most of the developing nations. The food industry is set to experience a few changes in 2021 due to the increased consciousness of consumers in selecting food. This inclination towards sustainable, regenerative, plant-based food and demand for foods and beverages with immunity-boosting ingredients is driving the demand for these products and their constituents and is expected to offer new avenues for the product market in the coming time zone to seek sound growth prospects in the near future. Further, Considering the rapidly changing market landscape, in addition to focusing on widening applications, introducing new product portfolios, most food and beverage companies are planning to capture domestic and international markets.
According to 6Wresearch, Global Savory Snacks Market is expected to gain sound growth prospects during the forecast period 2021-2027.ย Fast pace recovery of developing economies leading to increased disposable income will support the Savory Snacks Market demand between 2021 and 2027 but continuing restrictions due to COVID affecting in 2021 disrupted the supply chain posing challenges for manufactures in the Savory Snacks Market.ย Intense competition, pricing issues, and shifting consumer preferences will continue to put pressure on vendorsโ profit margins. Savory snacks market has the largest market in North America in the overall global savory snack market followed by other regions such as Europe, Asia-Pacific, South America, and Africa. In North America, the US is the largest consumer of savory snacks. Further, the Asia Pacific region has the fastest-growing market for savory food items with key regions being China, Japan, and India. The growth of the market is primarily driven by the increasing trend towards the consumption of processed food products in developing countries of the Asia-Pacific region, which further signifies the increasing use of savory snack ingredients.
Based on distribution channels, E-commerce is expected to gain a dominant position in the overall segmentation in the coming tine zone. ย The reason being E-commerce has emerged as a major distribution channel on a global-level considerable revenue have been generated from the developed economies of North America due to the rapid adoption of internet and mobile phones in the region. Furthermore, the expansion of retail distribution channels is another factor for rising sales in rural cities.
Further, based on products, Alternative cooking oils will be a trend in 2021, Bored with Vegetable oil, Olive oil, well, you're in luck. Among many others, the companies suggested that next year will see a range of new oils which will rise in popularity among at-home chefs. These include walnut and pumpkin seed oils, which are said to imbue their dishes with an earthy, nutty flavour.
The Global Savory snack market report thoroughly covers the market by product type, distribution channels, and regions including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa, and key countries. The Global Savory snack market outlook report provides an unbiased and detailed analysis of the on-going Global Savory snack market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The Market report includes the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Savory Snacks Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Savory Snacks Market Revenues & Volume, 2020 & 2027F |
3.3 Global Savory Snacks Market - Industry Life Cycle |
3.4 Global Savory Snacks Market - Porter's Five Forces |
3.5 Global Savory Snacks Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Global Savory Snacks Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.7 Global Savory Snacks Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
3.8 Global Savory Snacks Market Revenues & Volume Share, By Flavor, 2020 & 2027F |
4 Global Savory Snacks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Savory Snacks Market Trends |
6 Global Savory Snacks Market, 2017 - 2027 |
6.1 Global Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
6.2 Global Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
6.3 Global Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
7 Africa Savory Snacks Market, 2017 - 2027 |
7.1 Africa Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
7.2 Africa Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
7.3 Africa Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
8 Asia Pacific Savory Snacks Market, 2017 - 2027 |
8.1 Asia Pacific Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
8.2 Asia Pacific Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
8.3 Asia Pacific Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
9 Middle East Savory Snacks Market, 2017 - 2027 |
9.1 Middle East Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
9.2 Middle East Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
9.3 Middle East Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
10 Europe Savory Snacks Market, 2017 - 2027 |
10.1 Europe Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
10.2 Europe Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
10.3 Europe Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
11 Latin America Savory Snacks Market, 2017 - 2027 |
11.1 Latin America Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
11.2 Latin America Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
11.3 Latin America Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
12 North America Savory Snacks Market, 2017 - 2027 |
12.1 North America Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
12.2 North America Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
12.3 North America Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
13 Global Savory Snacks Market, 2017 - 2027 |
13.1 Global Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
13.2 Global Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
13.3 Global Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
14 Global Savory Snacks Market Key Performance Indicators |
15 Global Savory Snacks Market - Opportunity Assessment |
15.1 Global Savory Snacks Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Global Savory Snacks Market Opportunity Assessment, By Product Type, 2020 & 2027F |
15.3 Global Savory Snacks Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
15.4 Global Savory Snacks Market Opportunity Assessment, By Flavor, 2020 & 2027F |
16 Global Savory Snacks Market - Competitive Landscape |
16.1 Global Savory Snacks Market Revenue Share, By Companies, 2020 |
16.2 Global Savory Snacks Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |