Global Snacks Market Report 2017 to 2022: Analysis, Size, Share, Growth, Demand, Trends and Forecast 2017 – 2022

Posted on 2018-03-16 by Mark Hub in Food & Beverage // 0 Comments

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Rockville, US, 2018-Mar-16 — /EPR Network/ — A fresh study, covering “Snacks Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the Food & Beverages .This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the “Snacks Market”.

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Snack is the portion of food, usually smaller than regular meals. Snacks come in various forms such as processed foods, and packaged snack foods. Snack foods are designed specifically to be satisfying, quick, and portable. Processed snacks are designed for being less perishable, and more durable. With widely spread convenience stores across the globe, the business for packaged snack food has is witnessing a significant rise.

In the current world, consumers are more concerned about their snacking habits. Earlier, snacks were considered to be stop-gap food between meals. At present, they are being consumed with meals across many developed economies. This has led to a higher adoption of healthy snacking products such as extruded snacks, on the back of their metabolic benefits. In addition, the fast-paced lifestyle of people is driving adoption of packaged food such as bakery, and confectionary products. The global market for snacks is highly fragmented the presence of myriad large as well as small vendors competing to increase their market presence by leveraging their sales, based on promotion, service, innovation, and quality. These factors will augment growth of the market in the near future. However, savory and sweet snacks do not contribute to health and wellness trends. Moreover, the snacks are usually more expensive as compared to their standard counterparts. These might act as restraining factors for market growth. The global snacks market led by North America at its helm is poised to grow at a steady rate during the forecast period. The global snacks market is projected to grow at a CAGR of 5.6% through 2022.

Biscuits Larger than Bars and Fruit Segment in Global Snacks Market

With a revenue share of more than 50% by product type, biscuits represent the most attractive segment in the snacks market. This segment is anticipated to grow to almost US$ 48 billion by the end of the forecast period with North America contributing 1/3^rd revenue share. The fast-paced lifestyle of consumers in North America makes biscuits particularly appealing in the snacks market. The second most lucrative segment in the snacks market is snack bars that comprise a quarter of the revenue. While North America is the largest region for snacks, the CAGR of Japan and Europe is in high single-digits.

Wheat Occupies a Large Chunk of the Global Snacks Market

The wheat segment consists of roughly half the revenue share by source segment in the snacks market for 2017 on account of its nutritive value and diverse application in a variety of foodstuffs. While North America is the largest region by absolute value, a higher CAGR of 6.5% for the period from 2017 to 2022 is projected in the fast-growing APEJ region which companies involved in the snacks market would be recommended to take note of. The oats segment of the snacks market could be a potential prospect of just under US$ 16 billion in 2017 and North America alone should near a value of US$ 4.7 billion in the same year.

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Table Of Content

Chapter 1. Global Snacks Market – Executive Summary. 12

Chapter 2. Global Snacks Market Overview. 14
2.1. Introduction. 14
2.1.1. Global Snacks Market Taxonomy. 14
2.1.2. Global Snacks Market Definition. 14
2.2. Global Snacks Market Size (US$ Mn) and Forecast, 2012-2022. 15
2.2.1. Global Snacks Market Y-o-Y Growth. 15
2.3. Global Snacks Market Dynamics. 15
2.3.1. Drivers. 15
2.3.2. Restraints. 15
2.3.3. Trends. 16
2.4. Supply Chain. 16
2.5. Epidemiology. 16
2.6. List of Distributors. 16
2.7. Average Pricing Analysis. 16
2.8. Regulations. 16
2.9. Key Participants Market Presence (Intensity Map) By Region. 17

Chapter 3. Global Snacks Market Analysis and Forecast By Product Type. 18
3.1. Global Snacks Market Size and Forecast By Product Type, 2012-2022. 18
3.1.1. Fruit Snacks Market Size and Forecast, 2012-2022. 18
3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 18
3.1.1.2. Market Share Comparison, By Region. 19
3.1.1.3. Y-o-Y growth Comparison, By Region. 20
3.1.2. Bars Snacks Market Size and Forecast, 2012-2022. 21
3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 21
3.1.2.2. Market Share Comparison, By Region. 22
3.1.2.3. Y-o-Y growth Comparison, By Region. 23
3.1.3. Biscuits Snacks Market Size and Forecast, 2012-2022. 24
3.1.3.1. Revenue (US$ Mn) Comparison, By Region. 24
3.1.3.2. Market Share Comparison, By Region. 25
3.1.3.3. Y-o-Y growth Comparison, By Region. 26

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