The Asia Pacific Savory Snacks Market would witness market growth of 8.43% CAGR during the forecast period (2021-2027).
Consumers tend to invest in healthy food products as they are becoming more conscious of their eating habits. Innovative sugar-free products are being produced by the food & beverage industry as there is a rising threat of diabetes across the globe. The savory snacks market is expected to be fueled by the high availability of various kinds of flavors along with a surge in the disposable income of the consumers in the Asia Pacific region.
The observed restrictions for savory snacks market are nutrient level labeling and food authorizations criteria, which are being administered by the growing opportunities of natural seasoned dietary and variants of flavoring fueling the market growth. To overcome these obstacles, distribution channels and factors of circulation available to augment the availability of the goods, would fuel the market growth.
One of the pressing concerns among the major countries of this region is the growing rate of obesity. Due to the high consumption of fast foods among children as well as adults, the rate of obesity is constantly surging in different parts of the region. For example, India and Vietnam have the lowest occurrences of obesity in the Asia Pacific while Malaysia has witnessed the largest prevalence of obesity in the region. Thus, consumers in the region are highly inclined towards savory snacks as they are nutritious and low-calorie products.
Snacking industry is one of the booming industries in recent years and has witnessed a spur in the demand for snacking products in India. In the last couple of years, many market players in the region are coming up with healthy snacking options for the Indian population. Popcorn is a healthy and nutritious option over chips and cookies. It is also considered as a cost-friendly, easy-to-prepare, and crucial component of the entertainment and snacking experience. These factors would augment the demand for healthy products in the next few years.
The China market dominated the Asia Pacific Roasted/Toasted Market by Country 2020, thereby, achieving a market value of $5,394.8 million by 2027. The Japan market is showcasing a CAGR of 7.2% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 8.8% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Savory Snacks Market is Projected 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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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
TABLE 1 Asia Pacific Savory Snacks Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific 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 Asia Pacific Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Extruded Snacks Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Extruded Snacks Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Potato Chips Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Potato Chips Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Popcorn Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Popcorn Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Nuts & Seeds Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Nuts & Seeds Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Other Products Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Other Products Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Retailers Market by Region, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Retailers Market by Region, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Online Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Online Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Supermarket/Hypermarket Market by Region, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Supermarket/Hypermarket Market by Region, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Convenience Stores Market by Region, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Convenience Stores Market by Region, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Other Channels Market by Region, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Other Channels Market by Region, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Barbeque Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Barbeque Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Spice Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Spice Market by Country, 2021 - 2027, USD Million
TABLE 37 Asia Pacific Beef Market by Country, 2017 - 2020, USD Million
TABLE 38 Asia Pacific Beef Market by Country, 2021 - 2027, USD Million
TABLE 39 Asia Pacific Roasted/Toasted Market by Country, 2017 - 2020, USD Million
TABLE 40 Asia Pacific Roasted/Toasted Market by Country, 2021 - 2027, USD Million
TABLE 41 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 42 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 43 Asia Pacific Savory Snacks Market by Region, 2017 - 2020, USD Million
TABLE 44 Asia Pacific Savory Snacks Market by Region, 2021 - 2027, USD Million
TABLE 45 China Savory Snacks Market, 2017 - 2020, USD Million
TABLE 46 China Savory Snacks Market, 2021 - 2027, USD Million
TABLE 47 China Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 48 China Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 49 China Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 50 China Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 51 China Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 52 China Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 53 Japan Savory Snacks Market, 2017 - 2020, USD Million
TABLE 54 Japan Savory Snacks Market, 2021 - 2027, USD Million
TABLE 55 Japan Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 56 Japan Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 57 Japan Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 58 Japan Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 59 Japan Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 60 Japan Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 61 India Savory Snacks Market, 2017 - 2020, USD Million
TABLE 62 India Savory Snacks Market, 2021 - 2027, USD Million
TABLE 63 India Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 64 India Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 65 India Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 66 India Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 67 India Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 68 India Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 69 South Korea Savory Snacks Market, 2017 - 2020, USD Million
TABLE 70 South Korea Savory Snacks Market, 2021 - 2027, USD Million
TABLE 71 South Korea Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 72 South Korea Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 73 South Korea Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 74 South Korea Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 75 South Korea Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 76 South Korea Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 77 Singapore Savory Snacks Market, 2017 - 2020, USD Million
TABLE 78 Singapore Savory Snacks Market, 2021 - 2027, USD Million
TABLE 79 Singapore Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 80 Singapore Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 81 Singapore Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 82 Singapore Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 83 Singapore Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 84 Singapore Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 85 Malaysia Savory Snacks Market, 2017 - 2020, USD Million
TABLE 86 Malaysia Savory Snacks Market, 2021 - 2027, USD Million
TABLE 87 Malaysia Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 88 Malaysia Savory Snacks Market by Product, 2021 - 2027, USD Million
TABLE 89 Malaysia Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 90 Malaysia Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 91 Malaysia Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 92 Malaysia Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 93 Rest of Asia Pacific Savory Snacks Market, 2017 - 2020, USD Million
TABLE 94 Rest of Asia Pacific Savory Snacks Market, 2021 - 2027, USD Million
TABLE 95 Rest of Asia Pacific Savory Snacks Market by Product, 2017 - 2020, USD Million
TABLE 96 Rest of Asia Pacific Savory Snacks Market by Product 2021 - 2027, USD Million
TABLE 97 Rest of Asia Pacific Savory Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 98 Rest of Asia Pacific Savory Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 99 Rest of Asia Pacific Savory Snacks Market by Flavor, 2017 - 2020, USD Million
TABLE 100 Rest of Asia Pacific Savory Snacks Market by Flavor, 2021 - 2027, USD Million
TABLE 101 Key Information – The Hain Celestial Group, Inc.
TABLE 102 key information – PepsiCo, Inc.
TABLE 103 Key Information – Campbell Soup Company
TABLE 104 Key information – Arca Continental SAB de CV
TABLE 105 Key information –Kellogg Company
TABLE 106 Key Information – General Mills, Inc.
TABLE 107 Key Information – The Kraft Heinz Company
TABLE 108 Key Information – Conagra Brands, Inc.
TABLE 109 Key Information – ITC Limited
TABLE 110 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