The Latin America, Middle East and Africa Savory Snacks Market would witness market growth of 8.93% CAGR during the forecast period (2021-2027).
Consumer’s awareness regarding health issues is increasing, which has raised the demand for these products, which contain important nutrients and have a recognizable taste. As the millennial prefer snacks to traditional sit-down dinners, the savory snacks sector in the United States is quickly expanding. The country's snacking trend has been encouraged by falling family size, which is likely to fuel the demand for these items over the forecast period.
One of the key variables affecting market players is the numerous rules governing the manufacturing of savory snacks. As these rules vary greatly depending on the place in which the product is created, producers invest considerably in research and development activities in order to cater to the food requirements.
The region has witnessed various lifestyles diseases such as diabetes, heart diseases, and the current pandemic, consumers are considering switching towards healthy snacking. The sedentary lifestyle is prevailing in the region due to the imposed lockdown restrictions such as the work-from-home norm and other norms. Consumers are choosing health over taste, but simultaneously willing to munch something that is tasty and healthy. These preferences of consumers are boosting the demand for savory snacks in the region.
Moreover, manufacturers understand the dynamic preference of consumers regarding snacking products. Additionally, they are also aware of the rising adoption of hectic lifestyles and the availability of many options in the market, munching the same flavor on the daily basis can increase the boredom of the consumers.
The Barbeque market dominated the South Africa Savory Snacks Market by Flavor 2020, thereby, achieving a market value of $387.1 million by 2027. The Spice market is expected to witness highest CAGR of 11.2% during (2021 - 2027).
Based on Product, the market is segmented into Extruded Snacks, Potato Chips, Popcorn, Nuts & Seeds, and Other Products. Based on Distribution Channel, the market is segmented into Retailers, Online, Supermarket/Hypermarket, Convenience Stores and Other Channels. The report also covers geographical segmentation of Savory Snacks market. Based on Flavor, the market is segmented into Barbeque, Spice, Beef, Roasted/Toasted and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Savory Snacks Market is Predict to reach $171.9 Billion by 2027, at a CAGR of 7.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Hain Celestial Group, Inc., PepsiCo, Inc., Campbell Soup Company, Arca Continental SAB de CV, Kellogg Company, General Mills, Inc., The Kraft Heinz Company, Conagra Brands, Inc., ITC Limited, and Kikkoman Corporation
Scope of the Study
Market Segments Covered in the Report:
By Product
- Extruded Snacks
- Potato Chips
- Popcorn
- Nuts & Seeds
- Other Products
By Distribution Channel
- Retailers
- Online
- Supermarket/Hypermarket
- Convenience Stores
- Other Channels
By Flavor
- Barbeque
- Spice
- Beef
- Roasted/Toasted
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- The Hain Celestial Group, Inc.
- PepsiCo, Inc.
- Campbell Soup Company
- Arca Continental SAB de CV
- Kellogg Company
- General Mills, Inc.
- The Kraft Heinz Company
- Conagra Brands, Inc.
- ITC Limited
- Kikkoman Corporation
TABLE 1 LAMEA Savory Snacks Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Savory Snacks Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Savory Snacks Market
TABLE 4 Product Launches And Product Expansions– Savory Snacks Market
TABLE 5 Acquisition and Mergers– Savory Snacks Market
TABLE 6 Geographical Expansions– Savory Snacks Market
TABLE 7 LAMEA Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 8 LAMEA Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 9 LAMEA Extruded Snacks Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Extruded Snacks Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Potato Chips Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Potato Chips Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Popcorn Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Popcorn Market by Country, 2021 - 2027, USD Million
TABLE 15 LAMEA Nuts & Seeds Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Nuts & Seeds Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Other Products Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Other Products Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 20 LAMEA Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 21 LAMEA Retailers Market by Region, 2017 - 2020, USD Million
TABLE 22 LAMEA Retailers Market by Region, 2021 - 2027, USD Million
TABLE 23 LAMEA Online Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Online Market by Country, 2021 - 2027, USD Million
TABLE 25 LAMEA Supermarket/Hypermarket Market by Region, 2017 - 2020, USD Million
TABLE 26 LAMEA Supermarket/Hypermarket Market by Region, 2021 - 2027, USD Million
TABLE 27 LAMEA Convenience Stores Market by Region, 2017 - 2020, USD Million
TABLE 28 LAMEA Convenience Stores Market by Region, 2021 - 2027, USD Million
TABLE 29 LAMEA Other Channels Market by Region, 2017 - 2020, USD Million
TABLE 30 LAMEA Other Channels Market by Region, 2021 - 2027, USD Million
TABLE 31 LAMEA Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 32 LAMEA Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 33 LAMEA Barbeque Market by Country, 2017 - 2020, USD Million
TABLE 34 LAMEA Barbeque Market by Country, 2021 - 2027, USD Million
TABLE 35 LAMEA Spice Market by Country, 2017 - 2020, USD Million
TABLE 36 LAMEA Spice Market by Country, 2021 - 2027, USD Million
TABLE 37 LAMEA Beef Market by Country, 2017 - 2020, USD Million
TABLE 38 LAMEA Beef Market by Country, 2021 - 2027, USD Million
TABLE 39 LAMEA Roasted/Toasted Market by Country, 2017 - 2020, USD Million
TABLE 40 LAMEA Roasted/Toasted Market by Country, 2021 - 2027, USD Million
TABLE 41 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 42 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 43 LAMEA Savory Snacks Market by Region, 2017 - 2020, USD Million
TABLE 44 LAMEA Savory Snacks Market by Region, 2021 - 2027, USD Million
TABLE 45 Brazil Savory Snacks Market, 2017 - 2020, USD Million
TABLE 46 Brazil Savory Snacks Market, 2021 - 2027, USD Million
TABLE 47 Brazil Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 48 Brazil Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 49 Brazil Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 50 Brazil Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 51 Brazil Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 52 Brazil Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 53 Argentina Savory Snacks Market, 2017 - 2020, USD Million
TABLE 54 Argentina Savory Snacks Market, 2021 - 2027, USD Million
TABLE 55 Argentina Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 56 Argentina Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 57 Argentina Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 58 Argentina Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 59 Argentina Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 60 Argentina Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 61 UAE Savory Snacks Market, 2017 - 2020, USD Million
TABLE 62 UAE Savory Snacks Market, 2021 - 2027, USD Million
TABLE 63 UAE Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 64 UAE Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 65 UAE Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 66 UAE Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 67 UAE Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 68 UAE Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 69 Saudi Arabia Savory Snacks Market, 2017 - 2020, USD Million
TABLE 70 Saudi Arabia Savory Snacks Market, 2021 - 2027, USD Million
TABLE 71 Saudi Arabia Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 72 Saudi Arabia Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 73 Saudi Arabia Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 74 Saudi Arabia Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 75 Saudi Arabia Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 76 Saudi Arabia Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 77 South Africa Savory Snacks Market, 2017 - 2020, USD Million
TABLE 78 South Africa Savory Snacks Market, 2021 - 2027, USD Million
TABLE 79 South Africa Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 80 South Africa Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 81 South Africa Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 82 South Africa Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 83 South Africa Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 84 South Africa Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 85 Nigeria Savory Snacks Market, 2017 - 2020, USD Million
TABLE 86 Nigeria Savory Snacks Market, 2021 - 2027, USD Million
TABLE 87 Nigeria Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 88 Nigeria Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 89 Nigeria Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 90 Nigeria Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 91 Nigeria Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 92 Nigeria Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 93 Rest of LAMEA Savory Snacks Market, 2017 - 2020, USD Million
TABLE 94 Rest of LAMEA Savory Snacks Market, 2021 - 2027, USD Million
TABLE 95 Rest of LAMEA Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 96 Rest of LAMEA Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 97 Rest of LAMEA Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 98 Rest of LAMEA Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 99 Rest of LAMEA Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 100 Rest of LAMEA Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 101 Key Information – The Hain Celestial Group, Inc.
TABLE 102 key information – PepsiCo, Inc.
TABLE 103 Key Information – Campbell Soup Company
TABLE 104 Key information – Arca Continental SAB de CV
TABLE 105 Key information –Kellogg Company
TABLE 106 Key Information – General Mills, Inc.
TABLE 107 Key Information – The Kraft Heinz Company
TABLE 108 Key Information – Conagra Brands, Inc.
TABLE 109 Key Information – ITC Limited
TABLE 110 Key Information – Kikkoman Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Recent strategies and developments: Pepsico, Inc.
FIG 5 Recent strategies and developments: ARCA CONTINENTAL SAB DE CV
FIG 6 Recent strategies and developments: Kellogg Company