The North America Refrigerated Snacks Market would witness market growth of 5.3% CAGR during the forecast period (2021-2027).
Refrigerated snacks are described as snacks that need to be refrigerated to maintain their food quality and extend their shelf life. Snacks of this nature are made and stored at specific temperatures, preserving their entire authenticity and making food consumption more convenient for end users.
Cheese-based snacks, yoghurt snacks, snack bars, pastries, gourmet desserts, dips and spreads, and much more are all available as refrigerated snacks. The demand for refrigerated snacks is expected to expand, owing to changes in consumer lifestyles, changing working demographics, and a growing taste for natural and fresh foods, particularly among the millennial population.
Also, the consumption of nut butters may protect from colon cancer. Additionally, consumption of excess quantity of cholesterol can also lead to heart diseases. Refrigerated snacks like almond as well as other nut butters are effective in controlling cholesterol level of body.
The region is witnessing high demand for ready-to-eat food products. Moreover, many countries of the region have made significant advancements in refrigeration techniques. Along with this, the North American region is also among the largest producer as well as consumer of the pistachios, walnuts and almonds. Owing to this, the region also produces and exports the nut butter in large quantity.
The US market dominated the North America Refrigerated Snacks Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $29.7 billion by 2027. The Canada market is expected to witness a CAGR of 7.7% during (2021 - 2027). Additionally, The Mexico market would exhibit a CAGR of 6.8% during (2021 - 2027).
Based on End User, the market is segmented into Residential and Food Services. Based on Type, the market is segmented into Savory Snacks, Bakery Snacks, Confectionery Snacks, Fruit Snacks and Others. Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Specialty Stores, Online Sales Channel and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Refrigerated Snacks Market is Estimated to reach $141.1 Billion by 2027, at a CAGR of 5.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ajinomoto Co. Inc., Charoen Pokphand Foods Public Company Limited, Keventer Agro Limited, Cargill Corporation, Nestle S.A., Conagra Brands, Inc., General Mills, Inc., The Kraft Heinz Company, Unilever PLC, and McCain Foods Limited.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Residential and
- Food Services
By Type
- Savory Snacks
- Bakery Snacks
- Confectionery Snacks
- Fruit Snacks and
- Others
By Distribution Channel
- Supermarket/Hypermarket
- Specialty Stores
- Online Sales Channel and
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Ajinomoto Co. Inc.
- Charoen Pokphand Foods Public Company Limited
- Keventer Agro Limited
- Cargill Corporation
- Nestle S.A.
- Conagra Brands, Inc.
- General Mills, Inc.
- The Kraft Heinz Company
- Unilever PLC
- McCain Foods Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Refrigerated Snacks Market, by End User
1.4.2 North America Refrigerated Snacks Market, by Type
1.4.3 North America Refrigerated Snacks Market, by Distribution Channel
1.4.4 North America Refrigerated Snacks Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Acquisitions and Mergers: 2017, Apr – 2021, Jan) Leading Players
Chapter 4. North America Refrigerated Snacks Market by End User
4.1 North America Refrigerated Snacks Residential Market by Country
4.2 North America Refrigerated Snacks Food Services Market by Country
Chapter 5. North America Refrigerated Snacks Market by Type
5.1 North America Savory Snacks Market by Country
5.2 North America Bakery Snacks Market by Country
5.3 North America Confectionery Snacks Market by Country
5.4 North America Fruit Snacks Market by Country
5.5 North America Other Type Market by Country
Chapter 6. North America Refrigerated Snacks Market by Distribution Channel
6.1 North America Supermarket/Hypermarket Market by Country
6.2 North America Specialty Stores Market by Country
6.3 North America Online Sales Channel Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Refrigerated Snacks Market by Country
7.1 US Refrigerated Snacks Market
7.1.1 US Refrigerated Snacks Market by End User
7.1.2 US Refrigerated Snacks Market by Type
7.1.3 US Refrigerated Snacks Market by Distribution Channel
7.2 Canada Refrigerated Snacks Market
7.2.1 Canada Refrigerated Snacks Market by End User
7.2.2 Canada Refrigerated Snacks Market by Type
7.2.3 Canada Refrigerated Snacks Market by Distribution Channel
7.3 Mexico Refrigerated Snacks Market
7.3.1 Mexico Refrigerated Snacks Market by End User
7.3.2 Mexico Refrigerated Snacks Market by Type
7.3.3 Mexico Refrigerated Snacks Market by Distribution Channel
7.4 Rest of North America Refrigerated Snacks Market
7.4.1 Rest of North America Refrigerated Snacks Market by End User
7.4.2 Rest of North America Refrigerated Snacks Market by Type
7.4.3 Rest of North America Refrigerated Snacks Market by Distribution Channel
Chapter 8. Company Profiles
8.1 Ajinomoto Co., Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental & Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisitions and Mergers:
8.2 Charoen Pokphand Foods Public Company Limited
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Acquisitions and Mergers:
8.3 Keventer Agro Limited
8.3.1 Company Overview
8.3.2 Financial Analysis
8.4 Cargill Corporation
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Acquisitions and Mergers:
8.5 Nestle S.A.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Acquisitions and Mergers:
8.6 Conagra Brands, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental Analysis
8.6.4 Research& Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.5.2 Acquisitions and Mergers:
8.7 General Mills, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.8 The Kraft Heinz Company
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.9 Unilever PLC
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisitions and Mergers:
8.10. McCain Foods Limited
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Refrigerated Snacks Market, 2017 - 2020, USD Million
TABLE 2 North America Refrigerated Snacks Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Refrigerated Snacks Market
TABLE 4 Product Launches And Product Expansions– Refrigerated Snacks Market
TABLE 5 Acquisition and Mergers– Refrigerated Snacks Market
TABLE 6 North America Refrigerated Snacks Market by End User, 2017 - 2020, USD Million
TABLE 7 North America Refrigerated Snacks Market by End User, 2021 - 2027, USD Million
TABLE 8 North America Refrigerated Snacks Residential Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Refrigerated Snacks Residential Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Refrigerated Snacks Food Services Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Refrigerated Snacks Food Services Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Refrigerated Snacks Market by Type, 2017 - 2020, USD Million
TABLE 13 North America Refrigerated Snacks Market by Type, 2021 - 2027, USD Million
TABLE 14 North America Savory Snacks Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Savory Snacks Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Bakery Snacks Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Bakery Snacks Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Confectionery Snacks Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Confectionery Snacks Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Fruit Snacks Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Fruit Snacks Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Other Type Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Other Type Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Refrigerated Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 25 North America Refrigerated Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 26 North America Supermarket/Hypermarket Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Supermarket/Hypermarket Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Specialty Stores Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Specialty Stores Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Online Sales Channel Market by Country, 2017 - 2020, USD Million
TABLE 31 North America Online Sales Channel Market by Country, 2021 - 2027, USD Million
TABLE 32 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 33 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 34 North America Refrigerated Snacks Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Refrigerated Snacks Market by Country, 2021 - 2027, USD Million
TABLE 36 US Refrigerated Snacks Market, 2017 - 2020, USD Million
TABLE 37 US Refrigerated Snacks Market, 2021 - 2027, USD Million
TABLE 38 US Refrigerated Snacks Market by End User, 2017 - 2020, USD Million
TABLE 39 US Refrigerated Snacks Market by End User, 2021 - 2027, USD Million
TABLE 40 US Refrigerated Snacks Market by Type, 2017 - 2020, USD Million
TABLE 41 US Refrigerated Snacks Market by Type, 2021 - 2027, USD Million
TABLE 42 US Refrigerated Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 43 US Refrigerated Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 44 Canada Refrigerated Snacks Market, 2017 - 2020, USD Million
TABLE 45 Canada Refrigerated Snacks Market, 2021 - 2027, USD Million
TABLE 46 Canada Refrigerated Snacks Market by End User, 2017 - 2020, USD Million
TABLE 47 Canada Refrigerated Snacks Market by End User, 2021 - 2027, USD Million
TABLE 48 Canada Refrigerated Snacks Market by Type, 2017 - 2020, USD Million
TABLE 49 Canada Refrigerated Snacks Market by Type, 2021 - 2027, USD Million
TABLE 50 Canada Refrigerated Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 51 Canada Refrigerated Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 52 Mexico Refrigerated Snacks Market, 2017 - 2020, USD Million
TABLE 53 Mexico Refrigerated Snacks Market, 2021 - 2027, USD Million
TABLE 54 Mexico Refrigerated Snacks Market by End User, 2017 - 2020, USD Million
TABLE 55 Mexico Refrigerated Snacks Market by End User, 2021 - 2027, USD Million
TABLE 56 Mexico Refrigerated Snacks Market by Type, 2017 - 2020, USD Million
TABLE 57 Mexico Refrigerated Snacks Market by Type, 2021 - 2027, USD Million
TABLE 58 Mexico Refrigerated Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 59 Mexico Refrigerated Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 60 Rest of North America Refrigerated Snacks Market, 2017 - 2020, USD Million
TABLE 61 Rest of North America Refrigerated Snacks Market, 2021 - 2027, USD Million
TABLE 62 Rest of North America Refrigerated Snacks Market by End User, 2017 - 2020, USD Million
TABLE 63 Rest of North America Refrigerated Snacks Market by End User, 2021 - 2027, USD Million
TABLE 64 Rest of North America Refrigerated Snacks Market by Type, 2017 - 2020, USD Million
TABLE 65 Rest of North America Refrigerated Snacks Market by Type, 2021 - 2027, USD Million
TABLE 66 Rest of North America Refrigerated Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 67 Rest of North America Refrigerated Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 68 Key information –Ajinomoto Co., Inc.
TABLE 69 Key Information – Charoen Pokphand Foods Public Company Limited
TABLE 70 Key Information – Keventer Agro Limited
TABLE 71 Key Information – Cargill Corporation
TABLE 72 Key Information – Nestle S.A.
TABLE 73 Key Information – Conagra Brands, Inc.
TABLE 74 Key Information – General Mills, Inc.
TABLE 75 Key Information – The Kraft Heinz Company
TABLE 76 Key Information – Unilever PLC
TABLE 77 Key Information – McCain Foods Limited
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 Key Strategic Move: (Acquisitions and mergers: 2017, Apr – 2021, Jan) Leading Players