Snack Foods Industry 2019
As we have started to live a fast-paced life, getting a meal or a snack on the go has become essential. This requirement has driven the global snack foods market. Further, in addition to being tasty and filling, the consumer also expects them to be healthy and loaded with nutrients. This demand is a reflection of the market transitioning towards healthy eating habits.
It is estimated that the global snack foods market shall grow by USD 217.2 billion, thereby, registering a CAGR of 5.6%. Hence, it appears to be a promising avenue with a great deal of potential.
In the current report, the following manufacturers have been covered:
Calbee
ConAgra Foods
Ferrero
General Mills
Grupo Bimbo
Herr Foods
Intersnack Knabber-Geback
Kellogg
Link Snacks
Lindt & Sprungli
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Snack Foods Market Segmentation
The primary segmentation of the global snack foods market can be carried out on the basis of the type of product that is being offered. It could be:
Meat Snacks
Snack Bar
Salty/Savory Snacks
Gluten-Free Snacks
Other
Amongst these, it has been noticed that savory snacks occupy a major chunk of the market share in the industry. Further, it may register a sharper growth than the collective growth of the snack foods industry combined.
The second segmentation depends on the channel of distribution, the main ones being supermarket, convenience store, online stores, and others.
Snack Food Industry Statistics: Regional Analysis
Based on the geographical classification, the following key regions were analyzed:
North America
Europe
China
Japan
Southeast Asia
India
European countries heavily dominate the global snack foods market and shall continue to do so for the years to come. On the other hand, the US will have a modest presence with consistency in growth in the sector.
APAC countries, such as Japan, China, and India, will possibly emerge as game-changer on the global front.
Industry News
According to The Wall Street Journal survey, parents have a preference for healthier and cleaner-label approximations for the snacks that they offer to their kids. As a result, various snack food manufacturers are looking to tap into this market by offering ‘healthier for you’ variants of snacks. This includes vegan and gluten-free products that are reminiscent of old-timey snacks but are vamped up for health.
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Table of Contents –Analysis of Key Points
Table of Contents –Analysis of Key Points
1 Market Overview
2 Manufacturers Profiles
3 Global Nutraceuticals Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
4 Global Nutraceuticals Market Analysis by Regions
5 North America Nutraceuticals by Country
6 Europe Nutraceuticals by Country
7 Asia-Pacific Nutraceuticals by Country
8 South America Nutraceuticals by Country
9 Middle East and Africa Nutraceuticals by Countries
10 Global Nutraceuticals Market Segment by Type
11 Global Nutraceuticals Market Segment by Application
12 Nutraceuticals Market Forecast (2019-2025)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
List of Tables and Figures
Continue….
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