New Savory Snacks Market Research Reports by Canadean Now Available at MarketPublishers.com13 Oct 2016 • by Natalie Aster
LONDON – Market Publishers is very happy to inform that new in-demand Canadean reports examining savory snacks markets in different countries have been added to its online catalogue.
In France, this marketplace posted a one-digit rate of slightly over 4% over the period 2010-2015. In terms of US dollars, the growth has been slow given the unfavorable financial situation in the European region. The French marketplace cannot boast a big size if compared to other countries like China, the USA and the UK. The main reason for such size is low consumption of savory snacks in the country. Chips are the leader amongst different product categories and the largest market volume belongs to them. In the meantime, some categories (e.g. potato chips) show higher growth.
In Germany, per capita consumption of the snacks is very low. It is even lower than in Germany. In fact, this country has the lowest per capita consumption of snacks amongst major European economies. This marketplace is unlikely to grow strongly in the years to come: its CAGR is predicted to be approximately 2.5%. Private label penetration is high in Germany; and local brands have a total share of 25% of the country’s market. Potato chips are the leading product category in terms of private label penetration.
In Spain, euro has been weakening over the US dollar over the last ten years, and this trend has had negative impact on the Spanish savory snacks marketplace. The consumption of the snacks is relatively high in this country, though the population is not very big. Potato chips are extremely popular in Spain and they represent the largest consumed category which is followed by Nuts, Seeds and Processed Snacks. The Spanish marketplace is forecast to grow at a higher rate over the period 2015-2020.
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The reports throw light on consumer trends and focus on consumer needs. The research studies also comprise product innovation examples and forecast future changes in this space.
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