U.S. Savory Snacks Market Analysis Report, 2015 to 2025

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U.S. Savory Snacks Market Size, Share, Analysis,
Growth, Trends, Outlook and Forecasts to 2025
Hexa Research
U.S. savory snacks market size is anticipated
to reach worth USD 49.37 billion by 2025,
registering considerable growth over the forecast
period
12 November 2018, The U.S. Savory Snacks Market
size is anticipated to reach worth USD 49.37
billion by 2025, registering considerable growth
over the forecast period. The U.S. is the largest
consumer of savory snacks across the globe.
Increasing working population along with rising
disposable income of people is likely to provide
a fillip to the market. Additionally, changing
consumer taste preferences towards healthy food
are estimated to stoke the growth of the market.
Increasing demand for indulgence flavors among
consumers is one of the key drivers for te U.S.
savory snacks market. The market is segmented
into potato chips, processed chips, nuts seeds,
meat snacks, and others on the basis of type. The
potato chips segment is expected to account for
the leading share in the market throughout the
forecast period. Nevertheless, the processed
chips and nuts seeds segments are projected to
post significant CAGRs during the forecast period.
Until a few years ago, snacks were considered as
break-time food. Whereas, in recent times, people
eat snacks on a regular basis as an additional
meal during the daytime. Gradually, people in the
country have developed habit of eating snacks
during movies, shows, short hauls, and work. This
scenario is poised to fuel the consumption of
savory snacks in the county. Additionally,
factors such as increasing population, changing
food culture, urbanization, and mounting demand
from lower income groups are translating into a
greater uptake of the product.
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Distribution channels primarily include online
and offline channels. Rising income levels and
presence of many convenience stores,
hypermarkets, supermarkets, and retail shops are
tending people towards bulk purchases of savory
snacks. Offline channels command a larger share
in the market. Base of working population is
increasingly expanding and people rely on
time-saving products. Owing to busy work life,
people are buying more convenient food items,
thus boosting the demand for ready to eat meals
and snacks.
There is a strong demand for a wide variety of
snacks among the populace, which is encouraging
companies to launch new and innovative snack
items. Many players are continuously launching
new products, experimenting with their shape,
flavor, and taste, in order to meet the industry
demand and satisfy palate expectations
of consumers. Moreover, increase in research and
development activities in the field for offering
new and healthy flavors to consumers coupled with
availability of a wide variety of existing
flavors are helping the market gain tremendous
traction.
The U.S. savory snacks market is highly
fragmented with presence of several large and
small players dealing in the industry. Some of
the major players operating in the market are
PepsiCo Foods McCain Foods Lamb Weston
Holdings, Inc. Kellogg Co. and Calbee North
America. Industry players are largely involved in
mergers and acquisitions and introduction of new
and innovative products to enlarge companys
product portfolio and consolidate their position
in the market.
Hexa Research has segmented the U.S. savory
snacks market report based on type and
distribution channel
Segmentation by type, 2015 - 2025 (USD Billion)
Potato chips Processed chips Nuts seeds
Meat snacks Others
Segmentation by Distribution Channel, 2017 (
share)
Online Offline
Key players analyzed PepsiCo Foods
McCain Foods Lamb Weston Holdings, Inc.
Kellogg Co.
Calbee North America
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Table of Content of U.S. Savory Snacks Market
Chapter 1. Executive Summary Chapter 2.
Methodology and Scope 2.1. Research
methodology 2.2. Assumptions
2.3. List of data sources
Chapter 3. Introduction
3.1. Research scope market segmentation
Chapter 4. Savory Snacks Market Trends Drivers
Opportunities 4.1. Key industry trends
4.1.1. Market drivers
4.1.2. Market restraints
4.2. Supply chain analysis
4.3. Porter's Five Forces analysis
Chapter 5. Savory Snacks Market Trends, By
Type 5.1. U.S. savory snacks market movement, by
type, 2017 2025 5.1.1. Potato chips
5.1.1.1. Market estimates and forecast, 2015 -
2025 (USD Billion) 5.1.2. Processed chips
5.1.2.1. Market estimates and forecast, 2015 -
2025 (USD Billion) 5.1.3. Nuts seeds
5.1.3.1. Market estimates and forecast, 2015 -
2025 (USD Billion) 5.1.4. Meat snacks
5.1.4.1. Market estimates and forecast, 2015 -
2025 (USD Billion) 5.1.5. Others
5.1.5.1. Market estimates and forecast, 2015 -
2025 (USD Billion) Chapter 6. Savory Snacks
Market Trends, By Distribution Channel 6.1. U.S.
savory snacks market movement, by distribution
channel, 2017 ( share) 6.1.1. Online
6.1.2. Offline
Chapter 7. Competitive Landscape
7.1. Competitive landscape analysis, 2017 7.2.
Strategic framework
7.3. Company profiles
7.3.1. PepsiCo Foods
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7.3.1.1. Company Overview
7.3.1.2. Product Benchmarking 7.3.1.3. Financial
Performance 7.3.1.4. Recent Initiatives
7.3.2. McCain Foods
7.3.2.1. Company Overview 7.3.2.2. Product
Benchmarking 7.3.2.3. Financial
Performance 7.3.2.4. Recent Initiatives
7.3.3. Lamb Weston Holdings, Inc. 7.3.3.1.
Company Overview 7.3.3.2. Product
Benchmarking 7.3.3.3. Financial
Performance 7.3.3.4. Recent Initiatives
7.3.4. Kellogg Co.
7.3.4.1. Company Overview 7.3.4.2. Product
Benchmarking 7.3.4.3. Financial
Performance 7.3.4.4. Recent Initiatives
7.3.5. Calbee North America 7.3.5.1. Company
Overview 7.3.5.2. Product Benchmarking 7.3.5.3.
Financial Performance 7.3.5.4. Recent Initiatives
7.3.6. List of other vendors
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