A savory snack is a small portion of food that is typically eaten between meals. These snacks can be either sweet or savory in nature, and are often high in calories. Savory snacks are usually easy to eat and provide a quick source of energy. Common examples of savory snacks include chips, crackers, pretzels, nuts, and popcorn.
Key Trends
There are a few key trends in the savory snack products market. One is the trend toward healthier snacks. This includes snacks that are lower in fat, salt, and sugar. Another trend is the development of more convenient packaging. This includes packaging that is easy to open and reseal, as well as packaging that takes up less space.
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One of the biggest trends in the savory snack products market is the move toward healthier snacks. This is being driven by consumer demand for healthier options. As a result, manufacturers are reformulating their products to be lower in fat, salt, and sugar. They are also using more natural and healthy ingredients.
Another trend is the development of more convenient packaging. This includes packaging that is easy to open and reseal, as well as packaging that takes up less space. This is being driven by the need for more on-the-go snacking options.
Finally, there is a trend toward more innovative flavors and ingredients. This is being driven by the need for more variety in the snack market. Manufacturers are experimenting with new and unique flavors to stand out in the crowd.
Key Drivers
Savory Snack Products market is expected to grow due to the increasing preference for healthy and convenient snacks, and the changing snacking habits of consumers. The health and wellness trend is also expected to drive the growth of the Savory Snack Products market as consumers are becoming more aware of the importance of healthy eating. Other drivers of the Savory Snack Products market include the growing demand for on-the-go snacks and the increasing number of working women.
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Market Segments
The global savory snack products Market is segmented on the basis of product type, distribution channel, end user and region. By product type, the market is classified into potato chips, extruded snacks, nut and seeds and others. By end user, the market is classified into roasted, barbeque, spice and others. By distribution channel, it is fragmented into supermarkets/hypermarket, convenience stores and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Companies
The savory snack products Market includes players such as PepsiCo, Kraft Foods, Kellogg, CALBEE., ITC Limited, ConAgra Foods, Diamond Foods, The Hain Celestial Group, General Mills, Arca Continental, and Blue Diamond Growers.
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