New Reports on Snacks Market Have Been Recently Added at MarketPublishers.com
11 Nov 2020 • by Natalie Aster
LONDON – Market Publishers is pleased to inform that our collection of research studies covering various sectors of the snacks market has been recently replenished with a plenty of cutting-edge reports worked out by our research partners. Here is a selection of the most popular research reports featuring the snacks market recently added at MarketPublishers.com:
The world’s market for savory snacks demonstrated an upturn at a CAGR of 6.3% during 2015-2019. In 2019, the market’s revenues reached USD 138.9 billion. Meantime, the global consumption volume of savory snacks increased at a 4.6% CAGR over 2015-2019 and crossed 14 billion kilograms in 2019. Increasing disposable incomes and rapid urbanization act as the primary factors supporting the market growth…
Worldwide, fruit snacks are gaining popularity at a brisk pace due to the increasing health consciousness of consumers along with the enhancing awareness of healthy food and vitamins. With the increasing concerns about sugar content among the consumers, manufacturers are focused on the introduction of sugar-free or low in sugar products. Besides, the attractive packaging along with the colorful appearance of fruit snacks appeals to young consumers and boosts sales. The global fruit snacks market is anticipated to exhibit growth at a 9.2% CAGR in the next 7 years to amount to USD 9.93 billion by the year 2027. The apple-based fruit snacks segment is projected to witness the highest growth rates over the forecast period…
The world’s market for biscuits and crackers is predicted to increase at a CAGR of 4.56% in the next 4 years. This is a decline in growth rates, compared to the growth at a CAGR of appr. 6.16% registered during 2014-2018. By the year 2024, the global biscuits and crackers market is poised to climb to USD 157.14 billion (in retail prices). As for the average consumption per capita in value terms, this indicator is expected to grow at a CAGR of 2.79% through 2024…
The snack foods market is slated to continue following a positive trend in the coming years, spurred by the soaring health and wellness trend, increasing number of health-conscious consumers along with ongoing innovations in this sector. Registering growth at a 5.81% CAGR in the next 4 years, the world’s market for nuts and seeds is projected to come to the value of USD 81.46 billion (in retail prices) by the year 2024. As of the period 2014-2018, the market’s CAGR was higher – 8.97%. During 2020-2024, the global average consumption of nuts and seeds per capita is anticipated to increase at a 4.25% CAGR…
Backed by the busy lifestyles along with the strong demand for convenience food, the global bread and bakery industry is set for healthy growth in the years ahead. The global pastry and cakes market is predicted to register growth at a 4.54% CAGR during 2020-2024 and is expected to amount to USD 333.87 billion (in retail prices) by the year 2024. However, the rapidly increasing level of health awareness among the consumers may act as a major restrain of the market growth in the coming years…
The increasing “less but better” trend is widely seen in the snack foods industry worldwide. The expanding global economy coupled with the rising incomes in many countries across the globe is stimulating consumers to switch to more sophisticated products with a higher quality, which have not only a better taste but are also considered healthier. To capitalize on the premiumisation trend, major players in the savory snacks segment, particularly potato chips producers, are heavily investing in the development of their premium brands, which are usually more expensive and in high demand among the consumers. By the year 2024, the global potato chips market is poised to come to the value of USD 50.63 billion, exhibiting growth at a 3.83% CAGR in the next 4 years…
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