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Savory Snacks Market Trends

Report ID: GMI6375
Published Date: Aug 2023
Report Format: PDF

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Savory Snacks Market Trends

Consumers are increasingly seeking healthier snack options. The trend toward better-for-you snacks has led to the development of products with reduced salt, fat, and artificial additives. Brands are incorporating more natural and nutritious ingredients, offering options like baked chips, vegetable-based snacks, and snacks with added functional benefits. Thus, the growing prevalence of chronic and blood-related disorders is expected to expedite the market growth.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for savory snacks surpassed USD 274.2 billion in 2023 and will reach USD 431.7 billion by 2032.

Savory snacks market share from the supermarkets segment will grow at around 4.7% CAGR from 2023 to 2032 as these stores offer a wide variety of savory snacks in one location, providing consumers with convenience and easy access to their favorite brands.

U.S. savory snacks market size was worth USD 38.4 billion in 2022 and will expand at a significant pace through 2032 as the consumers in the region lead busy lifestyles and often seek convenient, ready-to-eat snacks for on-the-go consumption during work, travel, or leisure activities.

The Kraft Heinz Company, General Mills, Mondelez International, Conagra Brands, Nestlé – Switzerland, The Hershey Company – USA, The Hain Celestial Group – USA, Calbee, Inc. – Japan, Intersnack Group – Germany, The Wonderful Company – USA, among others.