Market Overview

The Global Savory Snacks Market was valued at USD 276,640.6 million in 2023 and is expected to reach USD 405,620.4 million by 2031 while growing at a CAGR of 4.9% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global savory snacks market growth. Savory snacks, flavorful and non-sweet, include chips, crackers, nuts, popcorn, and more. Their diverse flavors, textures, and convenient packaging make them suitable for on-the-go consumption and social gatherings.

Increasing busy lifestyles, urbanization, and the rise in dual-income households, along with a growing snacking culture, drive the growth of the savory snacks market. However, obstacles like health concerns, nutrition awareness, and rising obesity concerns may hinder market expansion.

Furthermore, the global savory snacks industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Type Analysis

The Global Savory Snacks Market is segmented among Potato Chips, Extruded Snacks, Nuts and Seeds, Popcorn, Meat Snacks, and Others, based on Type. In 2023, Potato Chips accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Distribution Channel Analysis

The Global Savory Snacks Market is segmented among Hypermarkets/Supermarkets, Specialty Stores, Online Store, Convenience Stores, and Other Distribution Channels, based on Distribution Channel. In 2023, Hypermarkets/Supermarkets accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Savory Snacks Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are ConAgra Brands Inc., General Mills, Inc., Mondelez International, Inc., ITC Limited, PepsiCo, Inc., Kellogg Company, Arca Continental S.A.B. de C.V., CALBEE, Inc., Blue Diamonds Growers, and Link Snacks Inc.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Savory Snacks Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Savory Snacks Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Savory Snacks Market Segmentation, By Type 

• Global Savory Snacks Market Share Analysis, By Type 

• Global Savory Snacks Market Growth Analysis, By Type 

• Global Savory Snacks Market Trends, By Type

o Potato Chips

o Extruded Snacks

o Nuts and Seeds

o Popcorn

o Meat Snacks

o Others

6. Global Savory Snacks Market Segmentation, By Distribution Channel

• Global Savory Snacks Market Share Analysis, By Distribution Channel

• Global Savory Snacks Market Growth Analysis, By Distribution Channel

• Global Savory Snacks Market Trends, By Distribution Channel

o Supermarkets/Hypermarkets

o Specialty Stores

o Online Stores

o Convenience Stores

o Other Distribution Channels

7. Global Savory Snacks Market Segmentation, By Region

• Global Savory Snacks Market Share Analysis, By Region

• Global Savory Snacks Market Growth Analysis, By Region

• Global Savory Snacks Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• ConAgra Brands Inc.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• General Mills, Inc

• Mondelez International, Inc

• ITC Limited

• PepsiCo, Inc

• Kellogg Company

• Arca Continental S.A.B. de C.V.

• CALBEE, Inc.

• Blue Diamonds Growers

• Link Snacks Inc   

 *Similar analysis will be provided for each company listed above.