Savory Snack Products Market - Trends Forecast Till 2028

Market Overview

The Savory Snack Products market size is projected to reach a CAGR of 5.3% from 2022 to 2028.

Savory snacks refers to snack food products which has a salty or spicy flavour rather than a sweet one. Various ingredients such as potato, raw banana, grains, vegetable oil. These are usually fried but healthier alternative which are baked are also launched in the market.

Recent trend of snacking along with the changed lifestyle are some of the factors that have supported long-term expansion for Savory Snack Products Market.

COVID-19 had a negative effect on the market, as the supply and production slowed during the pandemic.

Regional Analysis

Asia Pacific is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the availability of high quality raw ingredients in the region.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• ConAgra Brands Inc.
• General Mills Inc.
• Mondelez International
• ITC Limited
• PepsiCo Inc.
• The Kelloggs Company
• Arca Continental
• Calbee Foods Co Ltd.
• Blue Diamonds Growers
• Link Snacks Inc.

Recent Developments

• In January 2022, Hain Celestial signed the acquisition of ParmCrisps with an aimto strengthen Hain’s position in the snacking category.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Savory Snack Products Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope