Authored By: Sarah
21 Oct 2021

Snack Market: Top Geographies and Market Highlights

Geographical Analysis and Market Highlights 2021-2025

The snack market is set to post an incremental growth of $ 260.88 bn, accelerating at a CAGR of 5.71% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.


For more insights into our research and analysis: Request for our FREE Sample Report


Snack Market: APAC to lead market growth during the forecast period

  • Based on our Geographical Segmentation, APAC is projected to contribute 35% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the snack market size
  • This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. One of the factors that will drive growth is the rising health concerns along with changing lifestyles and diets and increasing replacement of meals with snacks.  Our analysis will thus enable clients to assess their play in the market and design further growth opportunities.
  • The snack market is segmented by Product (bakery products, chocolate, savory snacks, frozen snacks, and others) and Geography (APAC, Europe, North America, South America, and MEA). Each segment and sub-segment is analyzed at depth to derive market insights and forecast growth projections.

Snack Market to Post Incremental Growth of $ 260.88 bn During 2021-2025 | Key Geographies that will Drive Growth

Snack Market: Competitive Landscape

Cooperatie Koninklijke Cosun UA, General Mills Inc., Hormel Foods Corp., Kellogg Co., Kind LLC, McCain Foods Ltd., Mondelez International Inc., Nestle SA, PepsiCo Inc., and Tyson Foods Inc.are some of the major market participants. The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of 5.71%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 260.88 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Rising health concerns along with changing lifestyles and diets and increasing replacement of meals with snacks will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    35% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Cooperatie Koninklijke Cosun UA, General Mills Inc., Hormel Foods Corp., Kellogg Co., Kind LLC, McCain Foods Ltd., Mondelez International Inc., Nestle SA, PepsiCo Inc., and Tyson Foods Inc.
     
  7. What are the market segments covered in this report?
    The market is segmented by Product (bakery products, chocolate, savory snacks, frozen snacks, and others) and Geography (APAC, Europe, North America, South America, and MEA).

Market Segmentation by Product

    • Snack Market Split by Product
      • bakery products
      • chocolate
      • savory snacks
      • frozen snacks
      • others
    • Snack Market Split by Geography
      • APAC
      • Europe
      • North America
      • South America
      • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Cooperatie Koninklijke Cosun UA
  • General Mills Inc.
  • Hormel Foods Corp.
  • Kellogg Co.
  • Kind LLC
  • McCain Foods Ltd.
  • Mondelez International Inc.
  • Nestle SA
  • PepsiCo Inc.
  • Tyson Foods Inc.

Snack Market: Key Drivers and Segmentation

Synopsis of Growth Drivers with Market Forecast 2021-2025

The Global Snack Market is projected to grow by $ 260.88 bn, accelerating at a CAGR of 5.71% till 2025. This research report delineates the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth.


Request for our free sample report to get a glimpse into our exhaustive research and analysis: Download FREE Sample Report


Snack Market: What are the factors that will drive market growth?

^A detailed study of market drivers enables market players to leverage these factors to drive growth. Technavio’s research reports provide a comprehensive analysis of all the other factors that will drive market growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. One of the key drivers that will boost this market is Rising health concerns along with changing lifestyles and diets and increasing replacement of meals with snacks. For more insights on the impact of this and all the other drivers, request for our FREE sample report:

Snack Market to Post Incremental Growth of $ 260.88 bn During 2021-2025 | Key Geographies that will Drive Growth

Snack Market: Segments and Geographical Regions

This report provides a detailed analysis of the market by Product (bakery products, chocolate, savory snacks, frozen snacks, and others) and Geography (APAC, Europe, North America, South America, and MEA). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Request our Free Sample Report 

Snack Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Cooperatie Koninklijke Cosun UA, General Mills Inc., Hormel Foods Corp., Kellogg Co., Kind LLC, McCain Foods Ltd., Mondelez International Inc., Nestle SA, PepsiCo Inc., and Tyson Foods Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of 5.71%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 260.88 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Rising health concerns along with changing lifestyles and diets and increasing replacement of meals with snacks will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    35% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Cooperatie Koninklijke Cosun UA, General Mills Inc., Hormel Foods Corp., Kellogg Co., Kind LLC, McCain Foods Ltd., Mondelez International Inc., Nestle SA, PepsiCo Inc., and Tyson Foods Inc.
     
  7. What are the market segments covered in this report?
    The market is segmented by Product (bakery products, chocolate, savory snacks, frozen snacks, and others) and Geography (APAC, Europe, North America, South America, and MEA)
Read News Read Less
Interested in this report?
Get your sample now!
Technavio