Market Overview:
The global spicy sticks market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for snacks, increasing disposable income, and changing lifestyle. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into slices, sticks, cubes, and others. On the basis of application, the market is segmented into supermarkets and malls; online shopping sites; retail stores; and others. Region-wise, it is divided into North America; Latin America; Europe; Asia Pacific ;and Middle East & Africa . Some of key players operating in this industry are Mondelez International Inc.; PepsiCo Inc.; Frito-Lay North America Inc.
Product Definition:
Spicy Sticks(Chinese Snack) are a type of savory snack food made from dough twisted into a spiral and deep-fried. They are usually served with a sweet and sour sauce.
Slices:
Slices is a new term in the market and it has been gaining popularity among consumers. It is used for cut-outs or sections of fruits, vegetables, breads, etc. Slices are widely used in many foods including Chinese snacks (Also known as: sticks), fast food restaurants such as KFC/Mc Donald's and Pizza Hut to serve freshness and quality to their customers.
Sticks:
Sticks and it’s usage in the spicy sticks market is a new concept for me. I have been to many countries but this is my first time trying these kinds of snacks. The packaging was very attractive and appealing to the eye, which made me want to try them out.
The product comes in different varieties such as sweet & sour, hot & spicy, barbeque and cheese sticks among others.
Application Insights:
Supermarkets and malls led the global spicy sticks market in 2017, accounting for more than half of the overall share. The segment is expected to retain its dominance over the forecast period owing to rising consumer demand for convenient food options that aid in mealtime satisfaction.
The growing popularity of online shopping sites is also projected to have a positive impact on industry growth over the coming years. Consumers prefer purchasing snacks from online stores due to their convenience as well as cost-effectiveness benefits. In addition, retailers operating online shops offer various product categories such as bakery and confectionery items, frozen foods, ready-to-eat foods along with spicey snacks that appeal towards a larger customer base thereby driving industry expansion at a rapid pace.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing consumption in countries like China and India. The Chinese consumers are adopting western culture by consuming such snacks, which will boost the demand for these products over the forecast period. North America is also likely to witness significant growth due to high demand for Chinese cuisine across this region as well as online shopping sites like Amazon and Flipkart among others.
The market players in Europe are launching new products with innovative flavors that attract more customers towards them resulting into higher sales volume at retail stores across this region.
Growth Factors:
- Increasing disposable income of the consumers: The disposable income of the consumers is increasing day by day, which is resulting in an increase in the demand for Spicy Sticks(Chinese Snack).
- Changing lifestyle and growing urbanization: The changing lifestyle and growing urbanization are some of the other factors that are contributing to the growth of Spicy Sticks(Chinese Snack) market.
- Rising popularity of Chinese cuisine: The popularity of Chinese cuisine is rising across the globe, which is resulting in an increase in demand for Spicy Sticks(Chinese Snack).
- Growing number of restaurants serving Chinese food: There has been a significant growth in number of restaurants serving Chinese food over past few years, which is aiding in growthofSpicySticks (ChineseSnack)market. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Spicy Sticks(Chinese Snack) Market Research Report
By Type
Slices, Sticks, Cubes, Others
By Application
Supermarkets and Malls, Online Shopping Sites, Retail Stores, Others
By Companies
WeiLong, Jiangxi GeGe Food, 3Songshu, Guangdong Xiange Food, Hunan Fantianwa Food, Hunan Wanghui Food, Liangpin Shop, Pingjiang Xinxiangyu Food, SuZhou Koushuiwa Food, WeiLong
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Spicy Sticks(Chinese Snack) Market Report Segments:
The global Spicy Sticks(Chinese Snack) market is segmented on the basis of:
Types
Slices, Sticks, Cubes, 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 Malls, Online Shopping Sites, Retail 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:
- WeiLong
- Jiangxi GeGe Food
- 3Songshu
- Guangdong Xiange Food
- Hunan Fantianwa Food
- Hunan Wanghui Food
- Liangpin Shop
- Pingjiang Xinxiangyu Food
- SuZhou Koushuiwa Food
- WeiLong
Highlights of The Spicy Sticks(Chinese Snack) 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:
- Slices
- Sticks
- Cubes
- Others
- By Application:
- Supermarkets and Malls
- Online Shopping Sites
- Retail 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 Spicy Sticks(Chinese Snack) 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:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Spicy sticks are a type of Chinese snack that is made from rice flour and ground pork. They are often deep-fried and served with a dipping sauce.
Some of the major players in the spicy sticks(chinese snack) market are WeiLong, Jiangxi GeGe Food, 3Songshu, Guangdong Xiange Food, Hunan Fantianwa Food, Hunan Wanghui Food, Liangpin Shop, Pingjiang Xinxiangyu Food, SuZhou Koushuiwa Food, WeiLong.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Spicy Sticks(Chinese Snack) 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 Spicy Sticks(Chinese Snack) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Spicy Sticks(Chinese Snack) 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 Spicy Sticks(Chinese Snack) 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 Spicy Sticks(Chinese Snack) Market Size & Forecast, 2018-2028 4.5.1 Spicy Sticks(Chinese Snack) Market Size and Y-o-Y Growth 4.5.2 Spicy Sticks(Chinese Snack) Market Absolute $ Opportunity
Chapter 5 Global Spicy Sticks(Chinese Snack) 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 Spicy Sticks(Chinese Snack) Market Size Forecast by Type
5.2.1 Slices
5.2.2 Sticks
5.2.3 Cubes
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Spicy Sticks(Chinese Snack) 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 Spicy Sticks(Chinese Snack) Market Size Forecast by Applications
6.2.1 Supermarkets and Malls
6.2.2 Online Shopping Sites
6.2.3 Retail Stores
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spicy Sticks(Chinese Snack) 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 Spicy Sticks(Chinese Snack) 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 Spicy Sticks(Chinese Snack) Analysis and Forecast
9.1 Introduction
9.2 North America Spicy Sticks(Chinese Snack) 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 Spicy Sticks(Chinese Snack) Market Size Forecast by Type
9.6.1 Slices
9.6.2 Sticks
9.6.3 Cubes
9.6.4 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 Spicy Sticks(Chinese Snack) Market Size Forecast by Applications
9.10.1 Supermarkets and Malls
9.10.2 Online Shopping Sites
9.10.3 Retail Stores
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 Spicy Sticks(Chinese Snack) Analysis and Forecast
10.1 Introduction
10.2 Europe Spicy Sticks(Chinese Snack) 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 Spicy Sticks(Chinese Snack) Market Size Forecast by Type
10.6.1 Slices
10.6.2 Sticks
10.6.3 Cubes
10.6.4 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 Spicy Sticks(Chinese Snack) Market Size Forecast by Applications
10.10.1 Supermarkets and Malls
10.10.2 Online Shopping Sites
10.10.3 Retail Stores
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 Spicy Sticks(Chinese Snack) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Spicy Sticks(Chinese Snack) 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 Spicy Sticks(Chinese Snack) Market Size Forecast by Type
11.6.1 Slices
11.6.2 Sticks
11.6.3 Cubes
11.6.4 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 Spicy Sticks(Chinese Snack) Market Size Forecast by Applications
11.10.1 Supermarkets and Malls
11.10.2 Online Shopping Sites
11.10.3 Retail Stores
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 Spicy Sticks(Chinese Snack) Analysis and Forecast
12.1 Introduction
12.2 Latin America Spicy Sticks(Chinese Snack) 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 Spicy Sticks(Chinese Snack) Market Size Forecast by Type
12.6.1 Slices
12.6.2 Sticks
12.6.3 Cubes
12.6.4 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 Spicy Sticks(Chinese Snack) Market Size Forecast by Applications
12.10.1 Supermarkets and Malls
12.10.2 Online Shopping Sites
12.10.3 Retail Stores
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) Spicy Sticks(Chinese Snack) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Spicy Sticks(Chinese Snack) 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) Spicy Sticks(Chinese Snack) Market Size Forecast by Type
13.6.1 Slices
13.6.2 Sticks
13.6.3 Cubes
13.6.4 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) Spicy Sticks(Chinese Snack) Market Size Forecast by Applications
13.10.1 Supermarkets and Malls
13.10.2 Online Shopping Sites
13.10.3 Retail Stores
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 Spicy Sticks(Chinese Snack) Market: Competitive Dashboard
14.2 Global Spicy Sticks(Chinese Snack) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WeiLong
14.3.2 Jiangxi GeGe Food
14.3.3 3Songshu
14.3.4 Guangdong Xiange Food
14.3.5 Hunan Fantianwa Food
14.3.6 Hunan Wanghui Food
14.3.7 Liangpin Shop
14.3.8 Pingjiang Xinxiangyu Food
14.3.9 SuZhou Koushuiwa Food
14.3.10 WeiLong