Market Overview:
The global refrigerated 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 healthy and convenient snacks, increasing urbanization and changing lifestyles, and growing penetration of supermarkets and convenience stores. The global refrigerated snacks market is segmented on the basis of type into baked goods and confectionery, fruits and vegetables, yogurt, meat snacks, sandwich and savory snacks, others. The baked goods & confectionery segment is expected to account for the largest share in terms of revenue in 2018 owing to high demand for sweet treats such as cakes, pastries etc., among consumers across the globe. However, the fruits & vegetables segment is projected to grow at a highest CAGR during the forecast period due to increasing awareness about health benefits associated with consumption of these products. On basis of application ,the global refrigerated snack market is divided into supermarkets & hypermarkets , convenience store , online retailing ,and others . Supermarkets & hypermarkets are anticipated witness highest growth rate over next few years due rising trend among consumers towards buying food items from one place instead multiple stores .Whereas Convenience store will continue dominate this category with highest revenue share throughout forecast period . Region wise , North America accounted for largest share followed by Europe in 2017 .
Product Definition:
Refrigerated snacks are food items that are stored in a refrigerator. These snacks can include items such as fruits, vegetables, and yogurt. The importance of refrigerated snacks is that they can help to keep you feeling full between meals. This can help you to maintain your weight or lose weight if needed.
Baked Goods and Confectionery:
Baked goods and confectionery is a category of food products that includes breads, pastries, cakes, pies, tarts and other baked products. The growth of this segment can be attributed to factors such as changing lifestyle along with increasing health concerns among consumers. Moreover rising disposable income in developing countries has also contributed significantly towards the growth of this industry.
The global market for baked goods.
Fruits and Vegetables:
Fruits and vegetables are the edible parts of plants, mostly grown for their health benefits. Fruits contain high levels of vitamins, minerals and fiber which helps in weight management as well as prevents diseases like cancer and heart diseases. On the other hand vegetables help in preventing constipation problems among consumers along with providing essential nutrients to human body.
Application Insights:
Supermarkets and hypermarkets held the largest share of over 70.0% in 2017. The application of refrigerated snacks in supermarkets and hypermarkets is expected to witness a growth due to the increasing purchasing power, rising disposable income, and changing consumer lifestyle. Moreover, growing penetration of e-commerce is further anticipated to augment the demand for chilled food products at an early stage so that they can be sold by date marked according to customer requirements which will positively impact market growth over the forecast period.
The convenience store segment is projected register a CAGR exceeding 8% from 2018 to 2030 owing to its ability ¢â‚¬Ëœon-the-go meals¢â‚¬â„¢ that cater more towards snack foods than full meals do.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing demand for packaged snacks and rising health concerns among consumers. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to changing consumer preferences and increasing disposable income levels in emerging economies such as China and India. Moreover, growing awareness regarding nutritional diet patterns will drive product demand further.
The bakery segment accounted for more than 50% share of Europe's grocery store sales on account of high consumption rates among consumers coupled with easy availability at low prices through retailers such as Ahold Delhaize Group (Grocery Retailer Of The Year Award - 2016) and Sainsbury's (UK).
Growth Factors:
- Increasing demand for convenience foods: The modern lifestyle is characterized by busy schedules and a lack of time for cooking meals from scratch. This has led to an increase in demand for convenient, pre-packaged foods that can be quickly and easily prepared. Refrigerated snacks fit this description perfectly, making them a popular choice among consumers.
- Rising income levels: As incomes rise, consumers have more money to spend on discretionary items such as refrigerated snacks. This is providing a boost to the market’s growth prospects worldwide.
- Growing awareness of the health benefits of refrigerated snacks: Consumers are becoming increasingly aware of the health benefits offered by refrigerated snacks such as improved digestion and weight loss management. This is prompting many people to switch over from unhealthy junk food options to healthier alternatives like refrigerated snacks products..
Scope Of The Report
Report Attributes
Report Details
Report Title
Refrigerated Snacks Market Research Report
By Type
Baked Goods and Confectionery, Fruits and Vegetables, Yogurt, Meat Snacks, Sandwich and Savory Snacks, Others
By Application
Supermarkets and Hypermarkets, Convenience Store, Online Retail, Others
By Companies
Mondelez International, Inc., Nestle, S.A., General Mills Inc., The Kraft Heinz Company, Ohi Bar, Pepsico, Conagra Brands, Inc, Mars Incorporated, Danone S.A, Hormel Foods Corporation
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Refrigerated Snacks Market Report Segments:
The global Refrigerated Snacks market is segmented on the basis of:
Types
Baked Goods and Confectionery, Fruits and Vegetables, Yogurt, Meat Snacks, Sandwich and Savory Snacks, 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
Supermarkets and Hypermarkets, Convenience Store, Online Retail, 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:
- Mondelez International, Inc.
- Nestle, S.A.
- General Mills Inc.
- The Kraft Heinz Company
- Ohi Bar
- Pepsico
- Conagra Brands, Inc
- Mars Incorporated
- Danone S.A
- Hormel Foods Corporation
Highlights of The Refrigerated 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:
- Baked Goods and Confectionery
- Fruits and Vegetables
- Yogurt
- Meat Snacks
- Sandwich and Savory Snacks
- Others
- By Application:
- Supermarkets and Hypermarkets
- Convenience Store
- Online Retail
- 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 Refrigerated 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.
How you may use our products:
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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?
Refrigerated snacks are food items that are stored in a refrigerated environment. This can include items like chips, candy bars, and ice cream.
Some of the key players operating in the refrigerated snacks market are Mondelez International, Inc., Nestle, S.A., General Mills Inc., The Kraft Heinz Company, Ohi Bar, Pepsico, Conagra Brands, Inc, Mars Incorporated, Danone S.A, Hormel Foods Corporation.
The refrigerated snacks market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Refrigerated Snacks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Refrigerated Snacks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Refrigerated Snacks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Refrigerated Snacks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Refrigerated Snacks Market Size & Forecast, 2018-2028
4.5.1 Refrigerated Snacks Market Size and Y-o-Y Growth
4.5.2 Refrigerated Snacks Market Absolute $ Opportunity
Chapter 5 Global Refrigerated Snacks Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Refrigerated Snacks Market Size Forecast by Type
5.2.1 Baked Goods and Confectionery
5.2.2 Fruits and Vegetables
5.2.3 Yogurt
5.2.4 Meat Snacks
5.2.5 Sandwich and Savory Snacks
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Refrigerated Snacks Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Refrigerated Snacks Market Size Forecast by Applications
6.2.1 Supermarkets and Hypermarkets
6.2.2 Convenience Store
6.2.3 Online Retail
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Refrigerated Snacks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Refrigerated Snacks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Refrigerated Snacks Analysis and Forecast
9.1 Introduction
9.2 North America Refrigerated Snacks Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Refrigerated Snacks Market Size Forecast by Type
9.6.1 Baked Goods and Confectionery
9.6.2 Fruits and Vegetables
9.6.3 Yogurt
9.6.4 Meat Snacks
9.6.5 Sandwich and Savory Snacks
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Refrigerated Snacks Market Size Forecast by Applications
9.10.1 Supermarkets and Hypermarkets
9.10.2 Convenience Store
9.10.3 Online Retail
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Refrigerated Snacks Analysis and Forecast
10.1 Introduction
10.2 Europe Refrigerated Snacks Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Refrigerated Snacks Market Size Forecast by Type
10.6.1 Baked Goods and Confectionery
10.6.2 Fruits and Vegetables
10.6.3 Yogurt
10.6.4 Meat Snacks
10.6.5 Sandwich and Savory Snacks
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Refrigerated Snacks Market Size Forecast by Applications
10.10.1 Supermarkets and Hypermarkets
10.10.2 Convenience Store
10.10.3 Online Retail
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Refrigerated Snacks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Refrigerated Snacks Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Refrigerated Snacks Market Size Forecast by Type
11.6.1 Baked Goods and Confectionery
11.6.2 Fruits and Vegetables
11.6.3 Yogurt
11.6.4 Meat Snacks
11.6.5 Sandwich and Savory Snacks
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Refrigerated Snacks Market Size Forecast by Applications
11.10.1 Supermarkets and Hypermarkets
11.10.2 Convenience Store
11.10.3 Online Retail
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Refrigerated Snacks Analysis and Forecast
12.1 Introduction
12.2 Latin America Refrigerated Snacks Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Refrigerated Snacks Market Size Forecast by Type
12.6.1 Baked Goods and Confectionery
12.6.2 Fruits and Vegetables
12.6.3 Yogurt
12.6.4 Meat Snacks
12.6.5 Sandwich and Savory Snacks
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Refrigerated Snacks Market Size Forecast by Applications
12.10.1 Supermarkets and Hypermarkets
12.10.2 Convenience Store
12.10.3 Online Retail
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Refrigerated Snacks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Refrigerated Snacks Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Refrigerated Snacks Market Size Forecast by Type
13.6.1 Baked Goods and Confectionery
13.6.2 Fruits and Vegetables
13.6.3 Yogurt
13.6.4 Meat Snacks
13.6.5 Sandwich and Savory Snacks
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Refrigerated Snacks Market Size Forecast by Applications
13.10.1 Supermarkets and Hypermarkets
13.10.2 Convenience Store
13.10.3 Online Retail
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Refrigerated Snacks Market: Competitive Dashboard
14.2 Global Refrigerated Snacks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mondelez International, Inc.
14.3.2 Nestle, S.A.
14.3.3 General Mills Inc.
14.3.4 The Kraft Heinz Company
14.3.5 Ohi Bar
14.3.6 Pepsico
14.3.7 Conagra Brands, Inc
14.3.8 Mars Incorporated
14.3.9 Danone S.A
14.3.10 Hormel Foods Corporation
