The North America Savory Snacks Market would witness market growth of 6.58% CAGR during the forecast period (2021-2027).
Ingredients such as cereal grains, vegetable oils, fruits & vegetables, nuts, and seasonings are used in the production of savory snacks. Mainly fried or baked savory snacks are offered by food processors. Consumers globally have a great liking towards savory snacks such as salted biscuits, nuts & seeds, cookies, and chips. The major tendency of the consumers is towards the consumption of savory snacks. The growth of the savory snacks market growth would witness bright prospects due to increasing awareness regarding health benefits among consumers. Even obese and diabetic patients can have savory snacks as they are low in calories and are gluten-free.
The millennium community is shifting towards dynamic food practices which eventually result in the growth of the savory snack industry. The production of unnatural and counterfeit food products has gone down due to the shift of consumers towards these natural and organic snack meals, thereby making it highly suitable for the consumers. The growth of the global savory snacks market would be fueled by the increment in the per capita income of the individuals across the globe.
The outbreak of the COVID-19 pandemic has wreaked havoc on mankind. It also brought disruptions in the major industries and businesses. However, the North American savory snacks market has not been adversely impacted by the global pandemic. Many restrictions such as stay-at-home culture and total lockdown have been imposed across this region in order to reduce the transmission rate. Due to this scenario, the demand for comfort food like savory snacks has witnessed a huge spike in the region.
Along with these factors, due to the shutdown of major restaurants in many parts of the U.S. and Canada, consumers have decided to consume snacks along with the regular three meals and even during meals, thereby fueled the demand & consumption of these food products and ingredients. These factors would prove to be beneficial for the growth of the regional savory snacks market.
The US market dominated the North America Popcorn Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3,093.1 million by 2027. The Canada market is experiencing a CAGR of 10.8% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 9.8% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Savory Snacks Market is Estimated to Reach USD 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
- US
- Canada
- Mexico
- Rest of North America
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Savory Snacks Market, by Product
1.4.2 North America Savory Snacks Market, by Distribution Channel
1.4.3 North America Savory Snacks Market, by Flavor
1.4.4 North America Savory Snacks Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition & 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
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
Chapter 4. North America Savory Snacks Market by Product
4.1 North America Extruded Snacks Market by Country
4.2 North America Potato Chips Market by Country
4.3 North America Popcorn Market by Country
4.4 North America Nuts & Seeds Market by Country
4.5 North America Other Products Market by Country
Chapter 5. North America Savory Snacks Market by Distribution Channel
5.1 North America Retailers Market by Country
5.2 North America Online Market by Country
5.3 North America Supermarket/Hypermarket Market by Region
5.4 North America Convenience Stores Market by Region
5.5 North America Other Channels Market by Region
Chapter 6. North America Savory Snacks Market by Flavor
6.1 North America Barbeque Market by Country
6.2 North America Spice Market by Country
6.3 North America Beef Market by Country
6.4 North America Roasted/Toasted Market by Country
6.5 North America Others Market by Country
Chapter 7. North America Savory Snacks Market by Region
7.1 US Savory Snacks Market
7.1.1 US Savory Snacks Market by Product
7.1.2 US Savory Snacks Market by Distribution Channel
7.1.3 US Savory Snacks Market by Flavor
7.2 Canada Savory Snacks Market
7.2.1 Canada Savory Snacks Market by Product
7.2.2 Canada Savory Snacks Market by Distribution Channel
7.2.3 Canada Savory Snacks Market by Flavor
7.3 Mexico Savory Snacks Market
7.3.1 Mexico Savory Snacks Market by Product
7.3.2 Mexico Savory Snacks Market by Distribution Channel
7.3.3 Mexico Savory Snacks Market by Flavor
7.4 Rest of North America Savory Snacks Market
7.4.1 Rest of North America Savory Snacks Market by Product
7.4.2 Rest of North America Savory Snacks Market by Distribution Channel
7.4.3 Rest of North America Savory Snacks Market by Flavor
Chapter 8. Company Profiles
8.1 The Hain Celestial Group, Inc.
8.1.1 Company overview
8.1.1 Financial Analysis
8.1.2 Regional Analysis
8.1.3 Research & Development Expense
8.2 PepsiCo, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Acquisition and Mergers:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Geographical Expansions:
8.3 Campbell Soup Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisitions and Mergers:
8.4 Arca Continental SAB de CV
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Acquisitions and Mergers:
8.4.4.2 Geographical Expansions:
8.5 Kellogg Company
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional 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:
8.5.5.3 Product Launches and Product Expansions:
8.6 General Mills, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 The Kraft Heinz Company
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.8 Conagra Brands, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.8.4 Research& Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.9 ITC Limited
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.10. Kikkoman Corporation (JFC International)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental Analysis
TABLE 1 North America Savory Snacks Market, 2017 - 2020, USD Million
TABLE 2 North America 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 North America Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 8 North America Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 9 North America Extruded Snacks Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Extruded Snacks Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Potato Chips Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Potato Chips Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Popcorn Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Popcorn Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Nuts & Seeds Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Nuts & Seeds Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Other Products Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Other Products Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 20 North America Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 21 North America Retailers Market by Region, 2017 - 2020, USD Million
TABLE 22 North America Retailers Market by Region, 2021 - 2027, USD Million
TABLE 23 North America Online Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Online Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Supermarket/Hypermarket Market by Region, 2017 - 2020, USD Million
TABLE 26 North America Supermarket/Hypermarket Market by Region, 2021 - 2027, USD Million
TABLE 27 North America Convenience Stores Market by Region, 2017 - 2020, USD Million
TABLE 28 North America Convenience Stores Market by Region, 2021 - 2027, USD Million
TABLE 29 North America Other Channels Market by Region, 2017 - 2020, USD Million
TABLE 30 North America Other Channels Market by Region, 2021 - 2027, USD Million
TABLE 31 North America Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 32 North America Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 33 North America Barbeque Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Barbeque Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Spice Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Spice Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Beef Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Beef Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Roasted/Toasted Market by Country, 2017 - 2020, USD Million
TABLE 40 North America Roasted/Toasted Market by Country, 2021 - 2027, USD Million
TABLE 41 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 42 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 43 North America Savory Snacks Market by Region, 2017 - 2020, USD Million
TABLE 44 North America Savory Snacks Market by Region, 2021 - 2027, USD Million
TABLE 45 US Savory Snacks Market, 2017 - 2020, USD Million
TABLE 46 US Savory Snacks Market, 2021 - 2027, USD Million
TABLE 47 US Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 48 US Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 49 US Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 50 US Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 51 US Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 52 US Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 53 Canada Savory Snacks Market, 2017 - 2020, USD Million
TABLE 54 Canada Savory Snacks Market, 2021 - 2027, USD Million
TABLE 55 Canada Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 56 Canada Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 57 Canada Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 58 Canada Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 59 Canada Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 60 Canada Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 61 Mexico Savory Snacks Market, 2017 - 2020, USD Million
TABLE 62 Mexico Savory Snacks Market, 2021 - 2027, USD Million
TABLE 63 Mexico Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 64 Mexico Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 65 Mexico Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 66 Mexico Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 67 Mexico Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 68 Mexico Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 69 Rest of North America Savory Snacks Market, 2017 - 2020, USD Million
TABLE 70 Rest of North America Savory Snacks Market, 2021 - 2027, USD Million
TABLE 71 Rest of North America Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 72 Rest of North America Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 73 Rest of North America Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 74 Rest of North America Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 75 Rest of North America Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 76 Rest of North America Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 77 Key Information – The Hain Celestial Group, Inc.
TABLE 78 key information – PepsiCo, Inc.
TABLE 79 Key Information – Campbell Soup Company
TABLE 80 Key information – Arca Continental SAB de CV
TABLE 81 Key information –Kellogg Company
TABLE 82 Key Information – General Mills, Inc.
TABLE 83 Key Information – The Kraft Heinz Company
TABLE 84 Key Information – Conagra Brands, Inc.
TABLE 85 Key Information – ITC Limited
TABLE 86 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