Introduction

Savory Snacks Market was valued at US$ 301 Billion in 2024 and is projected to grow at a CAGR of 10.60% to reach US$ 753.6 Billion by 2034.

The savory snacks are instant and processed food which are manufactured from staple raw foods such as vegetables, fruits, grains, vegetable oils, starch, and seasonings. The savory snacks include potato chips, corn chips, puffed and baked snacks, popcorn, savory biscuits, and other nut snacks. These savory snacks are consumed at different occasions such as meal accompaniment and eating on the go.

The growing awareness regarding the consumption of healthy food is expected to drive the savory snacks market growth. The increase in demand for packed food products is anticipated to propel the target market growth over the forecast period. The potato chips are estimated to account the major share of the market and is expected to rise the savory snacks market over the forecast period. The introduction of new products with different flavors to meet the customer preferences which are healthy is expected to have a positive impact on the savory snacks market growth. The availability of wide range of product and growing number of consumers preferring convenience stores is expected to drive the target market. In addition, the changing dietary habits of consumers leads to an increase in demand for savory snacks market. The increase in disposable income, and consumer’s preference for healthy food products which are low-calorie, and Gluten-free, fosters the growth of savory snacks market. Further, increase in the number of working women population, is also an important factor which augments the growth of savory snacks market. The number of obese patients are increasing day by day, which further fuels the growth of the target market. The mounting health concerns among consumers and food ingredient regulations by governments restrains the savory snack market growth.

Regional Insights:

On the basis of region, the savory snacks market is divided into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The Asia Pacific is expected to account the major share of the market over a forecast period due to the presence of large number of manufacturers in the region. The savory snacks market in Europe is estimated to grow over the forecast period owing to consumers preferring savory snacks as instant energy booster instead of a whole meal.

Report Scope:

Attribute	Details
Base year for estimation	2023
Forecast period	2024 – 2034
Market representation	Revenue in USD Billion & CAGR from 2024 to 2034
Market Segmentation	By Product - Potato Chips, Nuts & Seeds, Extruded Snacks, Popcorn, and Others By Distribution Channels - Convenience Stores, Supermarkets, Retailers, and Others
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032.

The key operators of savory snacks market are Kraft Foods, Conagra, Brands, Inc., PepsiCo, Inc., Calbee Foods Co Ltd., Intersnack Gmbh & Co, Mondelez International Inc., Blue Diamond Growers, General Mills Inc., Lamb Weston Holdings, Inc. Further, R&D and improvement in the production process by the manufacturers lead to support the global savory snacks market growth.

Recent Development:

The New Launched Product News,

• In June 2023, Bikano launched a new flavor of bhujia in the Indian market and is eyeing a 20 per cent growth in the category. According to the company, the new taste, "Magic Bhujia," would have a unique spice blend and be priced at Rs 5, Rs 10, and Rs 59 for 18g, 38g, and 200g pack sizes, respectively. The market for salty snacks is one area of the snack sector in India that is growing quickly.

• In August 2023, Rivalz launched savory stuffed snacks and debuted its new single-serving one-ounce packs. With a crunchy, vegetable-based shell that has two textures and soft, nutrient-rich contents within, Rivalz offer a satisfying snack that is now available in portion-controlled sizes. The three tasty, retro-inspired flavors of Rivalz's new one-ounce bags are Spicy Street Taco, Extra Chedda' Mac, and Late Night Pizza. The firm claims that these flavors were expertly created to arouse sentiments of coziness and familiarity.

Research Objective and Assumption

• Preface
• Research Objectives
• Study Scope
• Years Considered for the study
• Assumptions
• Abbreviations

Research Methodology

• Research data
• Primary Data
  • Primary Interviews
  • Primary Breakdown
  • Key data from Primary Sources
  • Key Thickness Insights
• Secondary Data
  • Major Secondary Sources
  • Secondary Sources
• Market Estimation
• Top-Down Approach
  • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
• Bottom-Up Approach
  • Approach for estimating market share by Bottom-up Analysis (Demand Side)
• Market Breakdown and Data Triangulation
• Research Assumptions

Market Preview

• Executive Summary
• Key Findings—Global Outlook for medical carts Strategies
  • Key Questions this Study will Answer
  • Market Snippet, By Product
  • Market Snippet, By Distribution Channels
  • Market Snippet, By Region
• Opportunity Map Analysis
• Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
  • Drivers
  • Restrains
  • Market Opportunities
  • Market Trends
• DR Impact Analysis
• PEST Analysis
• Porter’s Five Forces Analysis
• Opportunity Orbit
• Market Investment Feasibility Index
• Macroeconomic Factor Analysis

Savory Snacks Market, By Product, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Potato Chips
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Nuts & Seeds
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Extruded Snacks
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Popcorn
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Savory Snacks Market, By Distribution Channels, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Convenience Stores
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Supermarkets
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Retailers
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Savory Snacks Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Regional Trends
• North America
  • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Distribution Channels, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • U.S.
    • Canada
• Europe
  • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Distribution Channels, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • UK
    • France
    • Germany
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Distribution Channels, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • India
    • Japan
    • South Korea
    • China
    • Rest of Asia Pacific
• Latin America
  • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Distribution Channels, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • Brazil
    • Mexico
    • Rest of Latin America
• Middle East & Africa
  • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Distribution Channels, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East

Competitive Landscape

• Heat Map Analysis
• Market Presence and Specificity Analysis

Company Profiles

• Kraft Foods, Conagra,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Brands, Inc., PepsiCo, Inc.,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Calbee Foods Co Ltd.,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Intersnack Gmbh & Co,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Mondelez International Inc.,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Blue Diamond Growers,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• General Mills Inc.,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Lamb Weston Holdings, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

The Last Word             

• Future Impact
• About Us
• Contact