Market Overview:
The global food snacks market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, changing lifestyles, and increasing disposable income. The potato chips segment is expected to dominate the global food snacks market with a share of more than 30%. This can be attributed to the growing popularity of this type of snack among consumers across the globe. The bakery products segment is projected to grow at a high CAGR during the forecast period owing to increasing demand for healthy and convenient snacking options.
Product Definition:
A food snack is a small, typically savory, portion of food that is eaten between meals. Food snacks are often intended to tide the eater over until their next meal. The definition of a food snack can vary depending on culture and location. In some parts of the world, a sweet such as candy or cake may be considered a snack, while in others only salty foods such as chips or pretzels would be considered snacks.
Potato Chips:
Potato chips are the most consumed snacks in the world. They are fried potato flakes, either baked or fried. The growth of this market is attributed to growing population and changing lifestyle of consumers around the globe. Potato chips have a longer shelf life than other snack foods which contributes to its' larger share in global food snacks market.
Corn Chips:
Corn chips are basically dried, roasted corn kernels that have been processed into a snack food. They are available in various forms such as crinkled, straight-cut, flaked and others. The product is gaining popularity among consumers due to its crunchiness and easy to eatability. It can be consumed with any kind of dip or as it is; therefore it has become one of the most popular food snacks across the globe in recent years.
Application Insights:
The others application segment held the largest share of over 30.0% in 2017. The application includes bakery products, tortilla chips, and other snacks such as nuggets, puffed rice & cornflakes among others. These products are widely consumed at home as well as in restaurants across various regions worldwide due to their convenient packaging and consumption options.
The convenience stores application segment is expected to register a CAGR of XX% from 2018 to 2030 owing to increasing consumer preference for on-the-go snacking solutions within the comfort of their cars or offices coupled with an increase in per capita spending power among low-income groups globally since 2016 which has positively impacted product demand at lower prices than hypermarkets/supermarkets would charge for them (in some cases).
Regional Analysis:
North America was the largest regional market in 2017 owing to high consumption of packaged food and rising obesity levels. The region is expected to maintain its dominance over the forecast period due to increasing awareness regarding healthy eating habits, coupled with growing health issues related to poor dietary patterns.
Asia Pacific is projected to be the fastest-growing market at a CAGR of XX% from 2018 to 2030 owing snacking options for those on the go or between meals in this region. Rising disposable income levels are also anticipated boost demand for these products across developing countries such as China and India, where consumers have more money available for leisure activities such as food shopping instead of spending it on household expenses or education loans which were earlier common practice among middle-class income groups in these countries.
Latin America has been witnessing strong growth across all major sectors including retail, e-commerce, FMCG etc.
Growth Factors:
- Increasing urbanization and changing lifestyles: The global population is increasingly moving towards urban areas, which is resulting in changing lifestyles. This is leading to a rise in demand for convenience foods, including food snacks.
- Rising income levels: There has been a steady rise in income levels across the world in recent years, especially in developing countries. This is fueling demand for premium food snacks products.
- Growing awareness of health and nutrition: Consumers are becoming more aware of the importance of healthy eating, and are looking for healthier snack options. This is providing opportunities for growth for health-oriented food snacks brands.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Snacks Market Research Report
By Type
Potato Chips, Corn Chips, Tortilla Chips, Bakery Products, Others
By Application
Supermarket/hypermarket, Grocery stores, E-commerce, Convenience Stores, Others
By Companies
Danone Dumex, Hain Celestial Group, Kraft Heinz, Fonterra, Hero Group, Hipp, Perrigo Nutritionals, Nestle, Bubs, Ella’s Kitchen, Healthy Sprouts Foods, Sweet Pea Baby Food Company, Tastybrand, Stonyfield Farm, Plum Organic, Little Dish, Peter Rabbit Organics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Food Snacks Market Report Segments:
The global Food Snacks market is segmented on the basis of:
Types
Potato Chips, Corn Chips, Tortilla Chips, Bakery Products, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket/hypermarket, Grocery stores, E-commerce, Convenience Stores, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Danone Dumex
- Hain Celestial Group
- Kraft Heinz
- Fonterra
- Hero Group
- Hipp
- Perrigo Nutritionals
- Nestle
- Bubs
- Ella’s Kitchen
- Healthy Sprouts Foods
- Sweet Pea Baby Food Company
- Tastybrand
- Stonyfield Farm
- Plum Organic
- Little Dish
- Peter Rabbit Organics
Highlights of The Food Snacks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Potato Chips
- Corn Chips
- Tortilla Chips
- Bakery Products
- Others
- By Application:
- Supermarket/hypermarket
- Grocery stores
- E-commerce
- Convenience Stores
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Snacks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food snacks are small, portable, and easy to eat foods that can be enjoyed as a snack or part of a meal. They can include items such as chips, crackers, cookies, candy bars, fruit snacks and trail mix.
Some of the major companies in the food snacks market are Danone Dumex, Hain Celestial Group, Kraft Heinz, Fonterra, Hero Group, Hipp, Perrigo Nutritionals, Nestle, Bubs, Ella¢â‚¬â„¢s Kitchen, Healthy Sprouts Foods, Sweet Pea Baby Food Company, Tastybrand, Stonyfield Farm, Plum Organic, Little Dish, Peter Rabbit Organics.
The food snacks market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Snacks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food Snacks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food Snacks Market - Supply Chain
4.5. Global Food Snacks Market Forecast
4.5.1. Food Snacks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Snacks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Food Snacks Market Absolute $ Opportunity
5. Global Food Snacks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Food Snacks Market Size and Volume Forecast by Type
5.3.1. Potato Chips
5.3.2. Corn Chips
5.3.3. Tortilla Chips
5.3.4. Bakery Products
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Food Snacks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Food Snacks Market Size and Volume Forecast by Application
6.3.1. Supermarket/hypermarket
6.3.2. Grocery stores
6.3.3. E-commerce
6.3.4. Convenience Stores
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Food Snacks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Food Snacks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Food Snacks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Food Snacks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Food Snacks Demand Share Forecast, 2019-2026
9. North America Food Snacks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Food Snacks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Food Snacks Market Size and Volume Forecast by Application
9.4.1. Supermarket/hypermarket
9.4.2. Grocery stores
9.4.3. E-commerce
9.4.4. Convenience Stores
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Food Snacks Market Size and Volume Forecast by Type
9.7.1. Potato Chips
9.7.2. Corn Chips
9.7.3. Tortilla Chips
9.7.4. Bakery Products
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Food Snacks Demand Share Forecast, 2019-2026
10. Latin America Food Snacks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Food Snacks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Food Snacks Market Size and Volume Forecast by Application
10.4.1. Supermarket/hypermarket
10.4.2. Grocery stores
10.4.3. E-commerce
10.4.4. Convenience Stores
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Food Snacks Market Size and Volume Forecast by Type
10.7.1. Potato Chips
10.7.2. Corn Chips
10.7.3. Tortilla Chips
10.7.4. Bakery Products
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Food Snacks Demand Share Forecast, 2019-2026
11. Europe Food Snacks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Food Snacks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Food Snacks Market Size and Volume Forecast by Application
11.4.1. Supermarket/hypermarket
11.4.2. Grocery stores
11.4.3. E-commerce
11.4.4. Convenience Stores
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Food Snacks Market Size and Volume Forecast by Type
11.7.1. Potato Chips
11.7.2. Corn Chips
11.7.3. Tortilla Chips
11.7.4. Bakery Products
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Food Snacks Demand Share, 2019-2026
12. Asia Pacific Food Snacks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Food Snacks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Food Snacks Market Size and Volume Forecast by Application
12.4.1. Supermarket/hypermarket
12.4.2. Grocery stores
12.4.3. E-commerce
12.4.4. Convenience Stores
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Food Snacks Market Size and Volume Forecast by Type
12.7.1. Potato Chips
12.7.2. Corn Chips
12.7.3. Tortilla Chips
12.7.4. Bakery Products
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Food Snacks Demand Share, 2019-2026
13. Middle East & Africa Food Snacks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Food Snacks Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Food Snacks Market Size and Volume Forecast by Application
13.4.1. Supermarket/hypermarket
13.4.2. Grocery stores
13.4.3. E-commerce
13.4.4. Convenience Stores
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Food Snacks Market Size and Volume Forecast by Type
13.7.1. Potato Chips
13.7.2. Corn Chips
13.7.3. Tortilla Chips
13.7.4. Bakery Products
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Food Snacks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Food Snacks Market: Market Share Analysis
14.2. Food Snacks Distributors and Customers
14.3. Food Snacks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Danone Dumex
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hain Celestial Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kraft Heinz
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fonterra
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hero Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hipp
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Perrigo Nutritionals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nestle
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bubs
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ellas Kitchen
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Healthy Sprouts Foods
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sweet Pea Baby Food Company
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tastybrand
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Stonyfield Farm
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Plum Organic
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Little Dish
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Peter Rabbit Organics
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
