How big is the Global Snacks Market?

In 2022, the Global Snacks Market was valued at US$ 1,173.9 Billion and is projected to reach USD 1,720 Billion by 2032.

What is snacks market?

Snacks Market include small food items that are not as filling and nutritious as regular meals.

What are the driving factors for the growth of the Snacks Market?

Quick snacks and affordable prices are driving the growth of the Snacks Market. The preference for convenient, ready-to-eat foods and quick snacking among consumers is a primary driver.

Which segment is leading the Snacks Market?

Frozen snacks are the leading segment in the Snacks Market. The busy lifestyles of consumers and the demand for long-lasting snacks are driving the growth in frozen snack usage.

How are manufacturers responding to the increasing demand for healthy snacks?

Manufacturers are creating a wide range of low-fat, low-calorie, and gluten-free products to cater to the growing demand for healthy snacks. They are also focusing on packaging innovations for increased shelf life and convenience.

Who are the key players in Snacks Market?

Major players in the market include General Mills Inc., PepsiCo Inc., The Kraft Heinz Company, Nestlé S.A, The Kellogg Company, Unilever, Calbee, Intersnack Group GmbH & Co. KG, Conagra Brands Inc., ITC Limited, Grupo Bimbo, Danone, and other key players.

What are the popular types of snacks in the market?

The popular types of snacks in the market include frozen snacks, fruit snacks, bakery snacks, savory snacks, confectionery snacks, dairy snacks, and various other snack products.

Which distribution channel holds a significant market share in the Snacks Market?

Supermarkets & hypermarkets hold a significant market share in the Snacks Market.

Global Snacks Market By Product (Frozen and Refrigerated, Fruit, Bakery, Savory, Confectionery, Dairy, and Other Products), By Distribution Channel, By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Published date: Sep 2023
Report ID: 103475
Number of Pages: 373
Format:

- General Mills Inc.
- PepsiCo Inc.
- The Kraft Heinz Company
- Nestlé S.A Company Profile
- The Kellogg Company
- Unilever Plc Company Profile
- Calbee
- Intersnack Group GmbH & Co. KG
- Conagra Brands Inc.
- ITC Limited
- Grupo Bimbo
- Danone
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