Savory Snack Products Market
Savory Snack Products Market Forecasts to 2028 – Global Analysis By Product (Extruded Snacks Nuts & Seeds, Popcorn), Flavor (Barbeque, Spice, Salty), Distribution Channel, (Retail, Foodservices) and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2021) |
US $197.5 BN |
|
Projected Year Value (2028) |
US $321.32 BN |
|
CAGR (2021 - 2028) |
7.2% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
Europe |
According to Stratistics MRC, the Global Savory Snack Products Market is accounted for $197.5 billion in 2021 and is expected to reach $321.32 billion by 2028 growing at a CAGR of 7.2% during the forecast period. Savory snacks are food products that have either salty or spicy flavor instead of a sweet profile and are made using various ingredients including nuts, grains, vegetables, fruits, vegetable oils, and seasonings. These savory snacks are super rich in nutrients, vitamins, minerals, and fibers.
Market Dynamics:
Driver:
Enlargement of Retail Industry Globally
The retail sector is one the largest sales channel for savory snack products sales across the globe. Key developed provinces like the US, Canada, UK, France, Australia, and others have a large chain of supermarkets & hypermarkets that cater to most of the population. Though, deep-pocket players in supermarkets & hypermarkets players are actively investing in these countries to increase their number of stores in several developing nations like India, China, and Brazil.
Restraint:
Health Issues Connected With the Intake of Snacks
Everyday consumption of snack products adds excess calories to the body and may lead to massive weight gain and obesity. According to the statistics provided by the Centers For Disease Control and Prevention (CDC), the obesity prevalence in the US was 42.4%. These massive health issues are posing a restrain to the market across the globe. Healthy penalties associated with the key ingredients including wheat, corn, and other flours, vegetable oil, salt, sugar, artificial additives, and preservatives of it pose a serious restraint to the market growth.
Opportunity:
Rising Demand for Healthy Snacks
Insufficient eating of essential nutrients increases the risk of chronic and cardiovascular diseases, such as hypertension (high blood pressure), cancer, obesity, and diabetes. With globalization and higher exposure to other cultures (especially Western lifestyles), consumers' eating patterns have also changed, increasing snacking among all the age groups.
Threat:
Strong Competition
The market is extremely uneven, particularly in the Asian and European provinces. Due to this, local snack product manufacturers in these provinces prefer low-cost equipment, also hampering their product quality. These products are sold at lower prices in the local market with local flavors and spices incorporated. The local snack manufacturers are aware of the tastes and food habits of the consumers; therefore, these products experience a better acceptance by the local consumers who generally prefer traditional tastes. The demand for ready-to-eat snacks has increased, due to busy lifestyles and a better standard of living, which in turn is increasing the requirement for high production of savory snack products.
Spice segment is expected to be the largest during the forecast period
Chili pepper in the spicy flavor category enhances the flavor—heat, pungency, warmth, and bite—and the color of prepared foods. For food manufacturers, these ingredients often come in an extract. As regional cuisines have become more globalized, consumer preference for foods that incorporate heat has increased significantly. Spicy flavour plays an important role in the snacks food industry.
The nuts & seeds segment is expected to have the highest CAGR during the forecast period
Nuts and seeds are demanded to be good sources of protein, healthy fats, fibers, and vitamins. Rising health concerns of consumers regarding snacking habits have led them to opt for roasted nuts & seeds. For instance, in 2020 GOOD TO GO, a manufacturer of Keto-certified soft-baked bars announced its plan to expand its product line by launching Savory Nut & Seeds Bites in Canada. The nuts & seeds product segment consists of a deluxe assortment of nuts and super seeds such as sunflower, pumpkin, hemp, and chia seeds.
Region with highest share:
The Asia Pacific is projected to hold the highest market share, the growth in the Asia Pacific is driven by countries such as India, Japan, and China as consumers in these countries have started adopting healthier lifestyles on account of rising concerns about childhood obesity. Better-for-you snacks are becoming more available and segments like popcorn, which has experienced significant growth in sales, are meeting consumer demands in the province. In the region, products are gaining popularity owing to busy lifestyles, urging consumers to opt for on-the-go and RTE products. Moreover, as the concept of pre-dinner appetizers has been gaining popularity, with a proportionate increase in dual-income families, snacks are becoming an integral part of planned purchases, along with an element of indulgence.
Region with highest CAGR:
Europe is projected to have the highest CAGR, Savory snacks enjoy high demand in Europe as these products are consumed on various occasions by the population in this province. The industry is motivated by countries such as the U.K. and Spain as the consumers engage in on-the-go eating in place of whole meals. The demand for savory snacks is also increasing rapidly in countries such as the Netherlands, Norway, and Germany.
Key players in the market:
Some of the key players profiled in the Savory Snack Products Market include Amica Chips, Blue Diamond Growers, Calbee, Campbell Soup Company, Conagra Brands, General Mills, Grupo Bimbo, Hain Celestial, Intersnack Group, ITC LIMITED, Kellogg, Mars, Incorporated, Mondelez International, Nestle SA, Old Dutch Foods, Pepsi, The Kraft Heinz Company, The Lorenz Bahlsen Snack-World, Tropical Heat, Universal Robina Corporation.
Key developments:
In January 2022: Mondelez International acquired of Chipita Global S.A. The acquisition marks a milestone in the strategic plan, focused on accelerating growth in core snacking adjacencies while expanding its footprint in key markets.
In August 2021: Calbee launched a new range of plant-based snacks products. The vegetable and pulse-based snacks aim to provide a healthy alternative to traditional fried crisps and snacks, being baked, not fried.
Products Covered:
• Extruded Snacks
• Nuts & Seeds
• Popcorn
• Potato Chips
• Puffed Snacks
• Tortillas
• Other Products
Flavors Covered:
• Barbeque
• Spice
• Salty
• Plain/unflavoured
• Other Flavors
Distribution Channels’ Covered:
• Retail
• Foodservices
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Savory Snack Products Market, By Product
5.1 Introduction
5.2 Extruded Snacks
5.3 Nuts & Seeds
5.4 Popcorn
5.5 Potato Chips
5.6 Puffed Snacks
5.7 Tortillas
5.8 Other Products
5.8.1 Fruit & Vegetable Chips
5.8.2 Pretzels
6 Global Savory Snack Products Market, By Flavor
6.1 Introduction
6.2 Barbeque
6.3 Spice
6.4 Salty
6.5 Plain/unflavoured
6.6 Other Flavors
6.6.1 Cheese
6.6.2 Butter
6.6.3 Smoky and Umami
7 Global Savory Snack Products Market, By Distribution Channel
7.1 Introduction
7.2 Retail
7.2.1 Supermarkets & Hypermarkets
7.2.2 Convenience Stores
7.2.3 Online Stores
7.2.4 Other Retail Stores
7.2.4.1 Forecourt Retailers
7.2.4.2 Discounters
7.2.4.3 Independent Small Grocers
7.3 Foodservices
8 Global Savory Snack Products Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Amica Chips
10.2 Blue Diamond Growers
10.3 Calbee
10.4 Campbell Soup Company
10.5 Conagra Brands
10.6 General Mills
10.7 Grupo Bimbo
10.8 Hain Celestial
10.9 Intersnack Group
10.10 ITC LIMITED
10.11 Kellogg
10.12 Mars, Incorporated
10.13 Mondelez International
10.14 Nestle SA
10.15 Old Dutch Foods
10.16 Pepsi
10.17 The Kraft Heinz Company
10.18 The Lorenz Bahlsen Snack-World
10.19 Tropical Heat
10.20 Universal Robina Corporation
List of Tables
1 Global Savory Snack Products Market Outlook, By Region (2020-2028) (US $MN)
2 Global Savory Snack Products Market Outlook, By Product (2020-2028) (US $MN)
3 Global Savory Snack Products Market Outlook, By Extruded Snacks (2020-2028) (US $MN)
4 Global Savory Snack Products Market Outlook, By Nuts & Seeds (2020-2028) (US $MN)
5 Global Savory Snack Products Market Outlook, By Popcorn (2020-2028) (US $MN)
6 Global Savory Snack Products Market Outlook, By Potato Chips (2020-2028) (US $MN)
7 Global Savory Snack Products Market Outlook, By Puffed Snacks (2020-2028) (US $MN)
8 Global Savory Snack Products Market Outlook, By Tortillas (2020-2028) (US $MN)
9 Global Savory Snack Products Market Outlook, By Other Products (2020-2028) (US $MN)
10 Global Savory Snack Products Market Outlook, By Fruit & Vegetable Chips (2020-2028) (US $MN)
11 Global Savory Snack Products Market Outlook, By Pretzels (2020-2028) (US $MN)
12 Global Savory Snack Products Market Outlook, By Flavor (2020-2028) (US $MN)
13 Global Savory Snack Products Market Outlook, By Barbeque (2020-2028) (US $MN)
14 Global Savory Snack Products Market Outlook, By Spice (2020-2028) (US $MN)
15 Global Savory Snack Products Market Outlook, By Salty (2020-2028) (US $MN)
16 Global Savory Snack Products Market Outlook, By Plain/unflavoured (2020-2028) (US $MN)
17 Global Savory Snack Products Market Outlook, By Other Flavors (2020-2028) (US $MN)
18 Global Savory Snack Products Market Outlook, By Cheese (2020-2028) (US $MN)
19 Global Savory Snack Products Market Outlook, By Butter (2020-2028) (US $MN)
20 Global Savory Snack Products Market Outlook, By Smoky and Umami (2020-2028) (US $MN)
21 Global Savory Snack Products Market Outlook, By Distribution Channel (2020-2028) (US $MN)
22 Global Savory Snack Products Market Outlook, By Retail (2020-2028) (US $MN)
23 Global Savory Snack Products Market Outlook, By Supermarkets & Hypermarkets (2020-2028) (US $MN)
24 Global Savory Snack Products Market Outlook, By Convenience Stores (2020-2028) (US $MN)
25 Global Savory Snack Products Market Outlook, By Online Stores (2020-2028) (US $MN)
26 Global Savory Snack Products Market Outlook, By Other Retail Stores (2020-2028) (US $MN)
27 Global Savory Snack Products Market Outlook, By Foodservices (2020-2028) (US $MN)
28 North America Savory Snack Products Market Outlook, By Country (2020-2028) (US $MN)
29 North America Savory Snack Products Market Outlook, By Product (2020-2028) (US $MN)
30 North America Savory Snack Products Market Outlook, By Extruded Snacks (2020-2028) (US $MN)
31 North America Savory Snack Products Market Outlook, By Nuts & Seeds (2020-2028) (US $MN)
32 North America Savory Snack Products Market Outlook, By Popcorn (2020-2028) (US $MN)
33 North America Savory Snack Products Market Outlook, By Potato Chips (2020-2028) (US $MN)
34 North America Savory Snack Products Market Outlook, By Puffed Snacks (2020-2028) (US $MN)
35 North America Savory Snack Products Market Outlook, By Tortillas (2020-2028) (US $MN)
36 North America Savory Snack Products Market Outlook, By Other Products (2020-2028) (US $MN)
37 North America Savory Snack Products Market Outlook, By Fruit & Vegetable Chips (2020-2028) (US $MN)
38 North America Savory Snack Products Market Outlook, By Pretzels (2020-2028) (US $MN)
39 North America Savory Snack Products Market Outlook, By Flavor (2020-2028) (US $MN)
40 North America Savory Snack Products Market Outlook, By Barbeque (2020-2028) (US $MN)
41 North America Savory Snack Products Market Outlook, By Spice (2020-2028) (US $MN)
42 North America Savory Snack Products Market Outlook, By Salty (2020-2028) (US $MN)
43 North America Savory Snack Products Market Outlook, By Plain/unflavoured (2020-2028) (US $MN)
44 North America Savory Snack Products Market Outlook, By Other Flavors (2020-2028) (US $MN)
45 North America Savory Snack Products Market Outlook, By Cheese (2020-2028) (US $MN)
46 North America Savory Snack Products Market Outlook, By Butter (2020-2028) (US $MN)
47 North America Savory Snack Products Market Outlook, By Smoky and Umami (2020-2028) (US $MN)
48 North America Savory Snack Products Market Outlook, By Distribution Channel (2020-2028) (US $MN)
49 North America Savory Snack Products Market Outlook, By Retail (2020-2028) (US $MN)
50 North America Savory Snack Products Market Outlook, By Supermarkets & Hypermarkets (2020-2028) (US $MN)
51 North America Savory Snack Products Market Outlook, By Convenience Stores (2020-2028) (US $MN)
52 North America Savory Snack Products Market Outlook, By Online Stores (2020-2028) (US $MN)
53 North America Savory Snack Products Market Outlook, By Other Retail Stores (2020-2028) (US $MN)
54 North America Savory Snack Products Market Outlook, By Foodservices (2020-2028) (US $MN)
55 Europe Savory Snack Products Market Outlook, By Country (2020-2028) (US $MN)
56 Europe Savory Snack Products Market Outlook, By Product (2020-2028) (US $MN)
57 Europe Savory Snack Products Market Outlook, By Extruded Snacks (2020-2028) (US $MN)
58 Europe Savory Snack Products Market Outlook, By Nuts & Seeds (2020-2028) (US $MN)
59 Europe Savory Snack Products Market Outlook, By Popcorn (2020-2028) (US $MN)
60 Europe Savory Snack Products Market Outlook, By Potato Chips (2020-2028) (US $MN)
61 Europe Savory Snack Products Market Outlook, By Puffed Snacks (2020-2028) (US $MN)
62 Europe Savory Snack Products Market Outlook, By Tortillas (2020-2028) (US $MN)
63 Europe Savory Snack Products Market Outlook, By Other Products (2020-2028) (US $MN)
64 Europe Savory Snack Products Market Outlook, By Fruit & Vegetable Chips (2020-2028) (US $MN)
65 Europe Savory Snack Products Market Outlook, By Pretzels (2020-2028) (US $MN)
66 Europe Savory Snack Products Market Outlook, By Flavor (2020-2028) (US $MN)
67 Europe Savory Snack Products Market Outlook, By Barbeque (2020-2028) (US $MN)
68 Europe Savory Snack Products Market Outlook, By Spice (2020-2028) (US $MN)
69 Europe Savory Snack Products Market Outlook, By Salty (2020-2028) (US $MN)
70 Europe Savory Snack Products Market Outlook, By Plain/unflavoured (2020-2028) (US $MN)
71 Europe Savory Snack Products Market Outlook, By Other Flavors (2020-2028) (US $MN)
72 Europe Savory Snack Products Market Outlook, By Cheese (2020-2028) (US $MN)
73 Europe Savory Snack Products Market Outlook, By Butter (2020-2028) (US $MN)
74 Europe Savory Snack Products Market Outlook, By Smoky and Umami (2020-2028) (US $MN)
75 Europe Savory Snack Products Market Outlook, By Distribution Channel (2020-2028) (US $MN)
76 Europe Savory Snack Products Market Outlook, By Retail (2020-2028) (US $MN)
77 Europe Savory Snack Products Market Outlook, By Supermarkets & Hypermarkets (2020-2028) (US $MN)
78 Europe Savory Snack Products Market Outlook, By Convenience Stores (2020-2028) (US $MN)
79 Europe Savory Snack Products Market Outlook, By Online Stores (2020-2028) (US $MN)
80 Europe Savory Snack Products Market Outlook, By Other Retail Stores (2020-2028) (US $MN)
81 Europe Savory Snack Products Market Outlook, By Foodservices (2020-2028) (US $MN)
82 Asia Pacific Savory Snack Products Market Outlook, By Country (2020-2028) (US $MN)
83 Asia Pacific Savory Snack Products Market Outlook, By Product (2020-2028) (US $MN)
84 Asia Pacific Savory Snack Products Market Outlook, By Extruded Snacks (2020-2028) (US $MN)
85 Asia Pacific Savory Snack Products Market Outlook, By Nuts & Seeds (2020-2028) (US $MN)
86 Asia Pacific Savory Snack Products Market Outlook, By Popcorn (2020-2028) (US $MN)
87 Asia Pacific Savory Snack Products Market Outlook, By Potato Chips (2020-2028) (US $MN)
88 Asia Pacific Savory Snack Products Market Outlook, By Puffed Snacks (2020-2028) (US $MN)
89 Asia Pacific Savory Snack Products Market Outlook, By Tortillas (2020-2028) (US $MN)
90 Asia Pacific Savory Snack Products Market Outlook, By Other Products (2020-2028) (US $MN)
91 Asia Pacific Savory Snack Products Market Outlook, By Fruit & Vegetable Chips (2020-2028) (US $MN)
92 Asia Pacific Savory Snack Products Market Outlook, By Pretzels (2020-2028) (US $MN)
93 Asia Pacific Savory Snack Products Market Outlook, By Flavor (2020-2028) (US $MN)
94 Asia Pacific Savory Snack Products Market Outlook, By Barbeque (2020-2028) (US $MN)
95 Asia Pacific Savory Snack Products Market Outlook, By Spice (2020-2028) (US $MN)
96 Asia Pacific Savory Snack Products Market Outlook, By Salty (2020-2028) (US $MN)
97 Asia Pacific Savory Snack Products Market Outlook, By Plain/unflavoured (2020-2028) (US $MN)
98 Asia Pacific Savory Snack Products Market Outlook, By Other Flavors (2020-2028) (US $MN)
99 Asia Pacific Savory Snack Products Market Outlook, By Cheese (2020-2028) (US $MN)
100 Asia Pacific Savory Snack Products Market Outlook, By Butter (2020-2028) (US $MN)
101 Asia Pacific Savory Snack Products Market Outlook, By Smoky and Umami (2020-2028) (US $MN)
102 Asia Pacific Savory Snack Products Market Outlook, By Distribution Channel (2020-2028) (US $MN)
103 Asia Pacific Savory Snack Products Market Outlook, By Retail (2020-2028) (US $MN)
104 Asia Pacific Savory Snack Products Market Outlook, By Supermarkets & Hypermarkets (2020-2028) (US $MN)
105 Asia Pacific Savory Snack Products Market Outlook, By Convenience Stores (2020-2028) (US $MN)
106 Asia Pacific Savory Snack Products Market Outlook, By Online Stores (2020-2028) (US $MN)
107 Asia Pacific Savory Snack Products Market Outlook, By Other Retail Stores (2020-2028) (US $MN)
108 Asia Pacific Savory Snack Products Market Outlook, By Foodservices (2020-2028) (US $MN)
109 South America Savory Snack Products Market Outlook, By Country (2020-2028) (US $MN)
110 South America Savory Snack Products Market Outlook, By Product (2020-2028) (US $MN)
111 South America Savory Snack Products Market Outlook, By Extruded Snacks (2020-2028) (US $MN)
112 South America Savory Snack Products Market Outlook, By Nuts & Seeds (2020-2028) (US $MN)
113 South America Savory Snack Products Market Outlook, By Popcorn (2020-2028) (US $MN)
114 South America Savory Snack Products Market Outlook, By Potato Chips (2020-2028) (US $MN)
115 South America Savory Snack Products Market Outlook, By Puffed Snacks (2020-2028) (US $MN)
116 South America Savory Snack Products Market Outlook, By Tortillas (2020-2028) (US $MN)
117 South America Savory Snack Products Market Outlook, By Other Products (2020-2028) (US $MN)
118 South America Savory Snack Products Market Outlook, By Fruit & Vegetable Chips (2020-2028) (US $MN)
119 South America Savory Snack Products Market Outlook, By Pretzels (2020-2028) (US $MN)
120 South America Savory Snack Products Market Outlook, By Flavor (2020-2028) (US $MN)
121 South America Savory Snack Products Market Outlook, By Barbeque (2020-2028) (US $MN)
122 South America Savory Snack Products Market Outlook, By Spice (2020-2028) (US $MN)
123 South America Savory Snack Products Market Outlook, By Salty (2020-2028) (US $MN)
124 South America Savory Snack Products Market Outlook, By Plain/unflavoured (2020-2028) (US $MN)
125 South America Savory Snack Products Market Outlook, By Other Flavors (2020-2028) (US $MN)
126 South America Savory Snack Products Market Outlook, By Cheese (2020-2028) (US $MN)
127 South America Savory Snack Products Market Outlook, By Butter (2020-2028) (US $MN)
128 South America Savory Snack Products Market Outlook, By Smoky and Umami (2020-2028) (US $MN)
129 South America Savory Snack Products Market Outlook, By Distribution Channel (2020-2028) (US $MN)
130 South America Savory Snack Products Market Outlook, By Retail (2020-2028) (US $MN)
131 South America Savory Snack Products Market Outlook, By Supermarkets & Hypermarkets (2020-2028) (US $MN)
132 South America Savory Snack Products Market Outlook, By Convenience Stores (2020-2028) (US $MN)
133 South America Savory Snack Products Market Outlook, By Online Stores (2020-2028) (US $MN)
134 South America Savory Snack Products Market Outlook, By Other Retail Stores (2020-2028) (US $MN)
135 South America Savory Snack Products Market Outlook, By Foodservices (2020-2028) (US $MN)
136 Middle East & Africa Savory Snack Products Market Outlook, By Country (2020-2028) (US $MN)
137 Middle East & Africa Savory Snack Products Market Outlook, By Product (2020-2028) (US $MN)
138 Middle East & Africa Savory Snack Products Market Outlook, By Extruded Snacks (2020-2028) (US $MN)
139 Middle East & Africa Savory Snack Products Market Outlook, By Nuts & Seeds (2020-2028) (US $MN)
140 Middle East & Africa Savory Snack Products Market Outlook, By Popcorn (2020-2028) (US $MN)
141 Middle East & Africa Savory Snack Products Market Outlook, By Potato Chips (2020-2028) (US $MN)
142 Middle East & Africa Savory Snack Products Market Outlook, By Puffed Snacks (2020-2028) (US $MN)
143 Middle East & Africa Savory Snack Products Market Outlook, By Tortillas (2020-2028) (US $MN)
144 Middle East & Africa Savory Snack Products Market Outlook, By Other Products (2020-2028) (US $MN)
145 Middle East & Africa Savory Snack Products Market Outlook, By Fruit & Vegetable Chips (2020-2028) (US $MN)
146 Middle East & Africa Savory Snack Products Market Outlook, By Pretzels (2020-2028) (US $MN)
147 Middle East & Africa Savory Snack Products Market Outlook, By Flavor (2020-2028) (US $MN)
148 Middle East & Africa Savory Snack Products Market Outlook, By Barbeque (2020-2028) (US $MN)
149 Middle East & Africa Savory Snack Products Market Outlook, By Spice (2020-2028) (US $MN)
150 Middle East & Africa Savory Snack Products Market Outlook, By Salty (2020-2028) (US $MN)
151 Middle East & Africa Savory Snack Products Market Outlook, By Plain/unflavoured (2020-2028) (US $MN)
152 Middle East & Africa Savory Snack Products Market Outlook, By Other Flavors (2020-2028) (US $MN)
153 Middle East & Africa Savory Snack Products Market Outlook, By Cheese (2020-2028) (US $MN)
154 Middle East & Africa Savory Snack Products Market Outlook, By Butter (2020-2028) (US $MN)
155 Middle East & Africa Savory Snack Products Market Outlook, By Smoky and Umami (2020-2028) (US $MN)
156 Middle East & Africa Savory Snack Products Market Outlook, By Distribution Channel (2020-2028) (US $MN)
157 Middle East & Africa Savory Snack Products Market Outlook, By Retail (2020-2028) (US $MN)
158 Middle East & Africa Savory Snack Products Market Outlook, By Supermarkets & Hypermarkets (2020-2028) (US $MN)
159 Middle East & Africa Savory Snack Products Market Outlook, By Convenience Stores (2020-2028) (US $MN)
160 Middle East & Africa Savory Snack Products Market Outlook, By Online Stores (2020-2028) (US $MN)
161 Middle East & Africa Savory Snack Products Market Outlook, By Other Retail Stores (2020-2028) (US $MN)
162 Middle East & Africa Savory Snack Products Market Outlook, By Foodservices (2020-2028) (US $MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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