The report forecasts the global processed snacks market to grow at a CAGR of 5% during the period 2016-2020.
Consumers are conscious of their snacking habits and are adopting healthy snacking to fuel their metabolism rate. Healthy snacking is considered as a complement to their weight-loss plan and a convenient way to satisfy hunger while getting the vitamins and nutrients.
According to the report, increased demand for convenience in food preparation among consumers has changed the entire scenario of the food and beverage sector. Today's hectic lifestyles and the need for leisure have further increased the demand for convenience food products which has led to the growth of the global processed snacks market.
Further, the report states that a major challenge for vendors is the rising costs incurred in the procurement of high-quality ingredients. Vendors in the global processed snacks market differentiate their products on the basis of content, price, and different varieties and flavors. They are finding it difficult to maintain a balance between price and quality owing to the increase in prices of raw materials such as potato, nuts, seeds, and corn.
- Calbee Foods
- Intersnack Group
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/zsqvxv/global_processed