Savory snacks are the salty snacks made from natural as well as artificial ingredients. These snacks include potato chips, extruded snacks, nuts and seeds, traditional snacks, popcorn, pretzels, meat snacks, and other savory snacks.
Analysts forecast the Global Savory Snacks market to grow at a CAGR of 4.57 percent over the period 2013-2018.
The report recognizes the following companies as the key players in the Global Savory Snacks Market: Calbee, ConAgra Foods, General Mills, Kellogg's and PepsiCo.
Other Prominent Vendors in the market are: Blue Diamonds Growers, Haldiram, JFC International, Kellogg, Oberto Brands, Universal Robina, Want Want, and Wise Foods
One of the major trends emerging in the market is an increase in demand from developing countries. The demographic changes in these developing countries are expected to have a positive impact on the Global Savory Snacks market.
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Covered in this Report
The report covers the present scenario and the growth prospects of the Global Savory Snacks market for the period 2014-2018. In terms of type of snacks, the Global Savory Snacks market can be categorized into eight: potato chips, extruded snacks, nuts and seeds, traditional snacks, popcorn, pretzels, meat snacks, and other savory snacks.
Global Savory Snacks Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region, Europe, the MEA region; it also covers the Global Savory Snacks market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers of the market is lifestyle changes. Savory snacks today are a source of hunger satisfaction between meals and this change has led to increased sales of such products. People on the go skip breakfast and instead have savory snacks as a more convenient option than a sit-down breakfast.
Further, the report states that savory snacks face a threat from substitutes such as frozen yogurt, cereal bars, fruit drinks, and chocolates. Consumers have a variety of options available in the market and can shift from one product to another. Moreover, consumers are price-sensitive and lack loyalty for a particular brand.
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