Savory Snacks Market by Type, Distribution Channel and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 164 SKU: IRTNTR75202

The savory snacks market size is estimated to grow at a CAGR of 4.91% between 2022 and 2027. The market size is forecast to increase by USD 32.17 billion. The growth of the savoury snacks market share depends on several factors, including the growing demand for convenience foods, the expansion of organized retail and e-commerce channels, and the introduction of new and innovative snack flavors.

This savory snacks market report extensively covers market segmentation by type (potato chips, extruded snacks, nuts and seeds, popcorn, and others), distribution channel (offline and online), and geography (APAC, North America, Europe, South America, and Middle East and Africa). The  savory snacks market analysis report also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Savory Snacks Market During the Forecast Period?

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Savory Snacks Market: Key Drivers, Trends, Challenges, and Customer Landscape

The growing demand for convenience foods are notably driving the market growth, although factors such as the demand for healthier alternatives may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Savory Snacks Market Driver

Growing demand for convenience foods is the key factor driving the growth of the global savory snacks market. The demand for ready-to-eat meals is increasing, driven primarily by busy lifestyles and increasing urbanization.  As life gets busier and there is less free time to prepare meals from scratch, people often turn to ready-made meals that are quick and easy to prepare. Additionally, as more individuals move to cities, they frequently have less access to whole foods like fresh produce.

They might consequently rely more on processed and packaged snacks, which are widely accessible in grocery stores and vending machine locations. Chips, crackers, popcorn, and snack bars are a few examples of common convenience foods. Therefore, with the growing traction for quick and simple snack options, the demand for convenience foods will continue driving growth in the market during the forecast period.

Significant Savory Snacks Market Trends

Rise in disposable income and change in lifestyle is the primary trend in the global savory snacks market. The disposable income of people increased globally. For instance, according to the data stated by the US Bureau of Economic Analysis (BEA), disposable personal income (DPI) increased by USD 89.7 billion (0.5%) in March 2022 in the US from April 2022. According to the Organization for Economic Co-operation and Development (OECD), household disposable income has increased in all developed and developing countries since 2021.

Moreover, disposable income is increasing around the world due to factors such as an increase in dual-income households, per capita income, and rapid growth in employment rates. The increase in disposable income is expected to increase the purchasing and purchasing power of consumers. As consumer disposable income increases, consumer eating habits are changing, leading to more sedentary and stressful lifestyles. Food preferences are changing, increasing demand for easy-to-eat, served foods and snacks. Such factors are expected to contribute to the growth of the global delicious snacks market during the forecast period.

Major Savory Snacks Market Challenge

Demand for healthier alternatives is a major challenge to the growth of the global savory snacks market. Obesity, high blood pressure, and heart disease have all been associated with excessive intake of salty snacks. As a result, there is a growing demand for healthy snacks that are low-fat, low-sodium, and low-sugar. As a result, the target market faces challenges as consumers seek healthier alternatives and contribute to the shift to healthier snacks. The prevalence of healthier snack options in response to this demand, including baked chips, vegetable crisps, and air-popped popcorn, can be a potential challenge for the market in focus between 2023 and 2027.

However, the industry still faces challenges in producing tastier, healthier snacks that satisfy consumer demand for convenience. Hence, it can be challenging for manufacturers to meet these demands while maintaining profit margins. This can hinder the growth of the market in focus during the forecast period.

Key Savory Snacks Market Customer Landscape

The savory snacks market analysis report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Savory Snacks Market Customer Landscape

Who are the Major Savory Snacks Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Anji Foodstuff Co. Ltd.: The company offers savory snacks such as Ankee Scallop Bisque, and Ankee Broth. Also, the company produces composite seasoning powder, natural extract seasonings, spices, sauces, and flavored broth.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Arca Continental SAB de CV
  • Blue Diamond Growers
  • Calbee Inc.
  • Conagra Brands Inc.
  • Corporativo Bimbo SA de CV
  • Fifty50 Foods LP
  • General Mills Inc.
  • Intersnack Group GmbH and Co. KG
  • ITC Ltd.
  • JG Summit Holdings Inc.
  • Kellogg Co.
  • Kikkoman Corp.
  • Mondelez International Inc.
  • Nestle SA
  • Parle Products Pvt. Ltd.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Savory Snacks Market?

The market share growth by the potato chips segment will be significant during the forecast period. Potato chips are an increasingly popular food in the global savory snacks market, which is expanding quickly due to evolving tastes and busy schedules. 

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The potato chips segment was valued at USD 31.28 billion in 2017 and continued to grow until 2021. The fact that potato chips come in different flavors such as barbecue, sour cream, onion, salt, and vinegar to cater to different consumer tastes is one of the factors driving the growth of potato chips. Additionally, the popularity of baked potato chips, a healthier alternative to traditional fried potato chips, stems from the growing demand for healthy snacking options. Moreover, North America and Europe are among the regions with the highest demand for potato chips, with Lay and Pringles leading the market. Overall, potato chips continue to be a widely consumed snack food in the global market for savory snacks and are predicted to grow during the forecast period as consumers seek quick and delectable snack options.

Which are the Key Regions for the Savory Snacks Market?

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APAC is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The regional APAC savory snack market is expected to rise at a significant rate during the forecast period. Growing consumer preference for Western-style snacks such as potato chips, popcorn, and pretzels in the region is one of the major factors expected to influence the growth of the hot regional market. Additionally, these companies invest heavily in product innovation and marketing to remain competitive in the market. Such factors will increase the market growth in this region during the forecast period.

Due to the COVID-19 pandemic, the demand for savory snacks was reduced in 2020. This happened primarily because of the closure of offline distribution channels. However, the procurement of packaged foods and meats from online channels received a significant boost during the COVID-19 pandemic as it facilitated the maintenance of social distancing norms and was convenient.

Segment Overview

The savory snacks market forecast report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Type Outlook (USD Billion, 2017 - 2027)
    • Potato chips
    • Extruded snacks
    • Nuts and seeds
    • Popcorn
    • Others
  • Distribution Channel Outlook (USD Billion, 2017 - 2027)
    • Offline
    • Online
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America 
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Savory Snacks Market Scope

Report Coverage

Details

Page number

164

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.91%

Market growth 2023-2027

USD 32.17 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

3.56

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 39%

Key countries

US, China, India, Japan, and Germany

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Anji Foodstuff Co. Ltd., Arca Continental SAB de CV, Blue Diamond Growers, Calbee Inc., Conagra Brands Inc., Corporativo Bimbo SA de CV, Fifty50 Foods LP, General Mills Inc., Intersnack Group GmbH and Co. KG, ITC Ltd., JG Summit Holdings Inc., Kellogg Co., Kikkoman Corp., Mondelez International Inc., Nestle SA, Parle Products Pvt. Ltd., PepsiCo Inc., The Hain Celestial Group Inc., The Kraft Heinz Co., and Unilever PLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Savory Snacks Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the savory snacks market between 2023 and 2027
  • Precise estimation of the size of the savory snacks market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across APAC, North America, Europe, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of savory snacks market vendors

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global savory snacks market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global savory snacks market 2017 - 2021 ($ billion)
    • 4.2 Type Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
    • 4.3 Distribution channel Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Potato chips - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Potato chips - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Potato chips - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Potato chips - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Potato chips - Year-over-year growth 2022-2027 (%)
    • 6.4 Extruded snacks - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Extruded snacks - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Extruded snacks - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Extruded snacks - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Extruded snacks - Year-over-year growth 2022-2027 (%)
    • 6.5 Nuts and seeds - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Nuts and seeds - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Nuts and seeds - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Nuts and seeds - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Nuts and seeds - Year-over-year growth 2022-2027 (%)
    • 6.6 Popcorn - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Popcorn - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 47: Data Table on Popcorn - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Chart on Popcorn - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Popcorn - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Type
      • Exhibit 54: Market opportunity by Type ($ billion)
      • Exhibit 55: Data Table on Market opportunity by Type ($ billion)

    7 Market Segmentation by Distribution Channel

    • 7.1 Market segments
      • Exhibit 56: Chart on Distribution Channel - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Distribution Channel - Market share 2022-2027 (%)
    • 7.2 Comparison by Distribution Channel
      • Exhibit 58: Chart on Comparison by Distribution Channel
      • Exhibit 59: Data Table on Comparison by Distribution Channel
    • 7.3 Offline - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Chart on Offline - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Offline - Year-over-year growth 2022-2027 (%)
    • 7.4 Online - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Online - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Chart on Online - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Online - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Distribution Channel
      • Exhibit 68: Market opportunity by Distribution Channel ($ billion)
      • Exhibit 69: Data Table on Market opportunity by Distribution Channel ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 India - Market size and forecast 2022-2027
      • Exhibit 103: Chart on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 112: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 113: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ billion)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Anji Foodstuff Co. Ltd.
              • Exhibit 123: Anji Foodstuff Co. Ltd. - Overview
              • Exhibit 124: Anji Foodstuff Co. Ltd. - Product / Service
              • Exhibit 125: Anji Foodstuff Co. Ltd. - Key offerings
            • 12.4 Arca Continental SAB de CV
              • Exhibit 126: Arca Continental SAB de CV - Overview
              • Exhibit 127: Arca Continental SAB de CV - Business segments
              • Exhibit 128: Arca Continental SAB de CV - Key offerings
              • Exhibit 129: Arca Continental SAB de CV - Segment focus
            • 12.5 Blue Diamond Growers
              • Exhibit 130: Blue Diamond Growers - Overview
              • Exhibit 131: Blue Diamond Growers - Product / Service
              • Exhibit 132: Blue Diamond Growers - Key offerings
            • 12.6 Calbee Inc.
              • Exhibit 133: Calbee Inc. - Overview
              • Exhibit 134: Calbee Inc. - Product / Service
              • Exhibit 135: Calbee Inc. - Key offerings
            • 12.7 Conagra Brands Inc.
              • Exhibit 136: Conagra Brands Inc. - Overview
              • Exhibit 137: Conagra Brands Inc. - Business segments
              • Exhibit 138: Conagra Brands Inc. - Key news
              • Exhibit 139: Conagra Brands Inc. - Key offerings
              • Exhibit 140: Conagra Brands Inc. - Segment focus
            • 12.8 Corporativo Bimbo SA de CV
              • Exhibit 141: Corporativo Bimbo SA de CV - Overview
              • Exhibit 142: Corporativo Bimbo SA de CV - Business segments
              • Exhibit 143: Corporativo Bimbo SA de CV - Key news
              • Exhibit 144: Corporativo Bimbo SA de CV - Key offerings
              • Exhibit 145: Corporativo Bimbo SA de CV - Segment focus
            • 12.9 General Mills Inc.
              • Exhibit 146: General Mills Inc. - Overview
              • Exhibit 147: General Mills Inc. - Business segments
              • Exhibit 148: General Mills Inc. - Key news
              • Exhibit 149: General Mills Inc. - Key offerings
              • Exhibit 150: General Mills Inc. - Segment focus
            • 12.10 ITC Ltd.
              • Exhibit 151: ITC Ltd. - Overview
              • Exhibit 152: ITC Ltd. - Business segments
              • Exhibit 153: ITC Ltd. - Key offerings
              • Exhibit 154: ITC Ltd. - Segment focus
            • 12.11 JG Summit Holdings Inc.
              • Exhibit 155: JG Summit Holdings Inc. - Overview
              • Exhibit 156: JG Summit Holdings Inc. - Business segments
              • Exhibit 157: JG Summit Holdings Inc. - Key offerings
              • Exhibit 158: JG Summit Holdings Inc. - Segment focus
            • 12.12 Kellogg Co.
              • Exhibit 159: Kellogg Co. - Overview
              • Exhibit 160: Kellogg Co. - Business segments
              • Exhibit 161: Kellogg Co. - Key offerings
              • Exhibit 162: Kellogg Co. - Segment focus
            • 12.13 Parle Products Pvt. Ltd.
              • Exhibit 163: Parle Products Pvt. Ltd. - Overview
              • Exhibit 164: Parle Products Pvt. Ltd. - Product / Service
              • Exhibit 165: Parle Products Pvt. Ltd. - Key offerings
            • 12.14 PepsiCo Inc.
              • Exhibit 166: PepsiCo Inc. - Overview
              • Exhibit 167: PepsiCo Inc. - Business segments
              • Exhibit 168: PepsiCo Inc. - Key news
              • Exhibit 169: PepsiCo Inc. - Key offerings
              • Exhibit 170: PepsiCo Inc. - Segment focus
            • 12.15 The Hain Celestial Group Inc.
              • Exhibit 171: The Hain Celestial Group Inc. - Overview
              • Exhibit 172: The Hain Celestial Group Inc. - Business segments
              • Exhibit 173: The Hain Celestial Group Inc. - Key news
              • Exhibit 174: The Hain Celestial Group Inc. - Key offerings
              • Exhibit 175: The Hain Celestial Group Inc. - Segment focus
            • 12.16 The Kraft Heinz Co.
              • Exhibit 176: The Kraft Heinz Co. - Overview
              • Exhibit 177: The Kraft Heinz Co. - Business segments
              • Exhibit 178: The Kraft Heinz Co. - Key offerings
              • Exhibit 179: The Kraft Heinz Co. - Segment focus
            • 12.17 Unilever PLC
              • Exhibit 180: Unilever PLC - Overview
              • Exhibit 181: Unilever PLC - Business segments
              • Exhibit 182: Unilever PLC - Key news
              • Exhibit 183: Unilever PLC - Key offerings
              • Exhibit 184: Unilever PLC - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 185: Inclusions checklist
                • Exhibit 186: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 187: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 188: Research methodology
                • Exhibit 189: Validation techniques employed for market sizing
                • Exhibit 190: Information sources
              • 13.5 List of abbreviations
                • Exhibit 191: List of abbreviations
              • food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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