Opportunities in the North American Savory Snacks Sector 2017: Analysis of Opportunities Offered by Countries in the Region - Research and Markets

DUBLIN--()--The "Opportunities in the North American Savory Snacks Sector: Analysis of Opportunities Offered by Countries in the Region" report has been added to Research and Markets' offering.

North America, with a value share of 37.6% in 2016, represented the largest market for savory snacks worldwide. The region is forecast to record a value CAGR of 5.2% during 2016-2021, driven by steady economic prospects and rising consumer confidence. The long working hours of millennials is a major factor fueling the snacking trend, as consumers forego meals in favor of a quick snack to save time.

Processed Snacks is the largest category, accounting for 42.8% of the overall savory snacks sector in 2016. Meat snacks are forecast to record the fastest value CAGR of 8.8% during 2016-2021, to reach US$6,631.4 Million by 2021. Due to an increasingly common desire to maximize protein consumption for health reasons, the consumption of meat based snacks is increasing.

Health & wellness (H&W) is high in the North American region as compared to the global level in the savory snacks sector, with H&W products accounting for 28.4% of total sector sales in 2016. The growing emphasis on healthy eating, combined with the high spending ability of North Americans is contributing to the demand for savory snacks with H&W attributes.

Companies Mentioned

  • PepsiCo
  • Snyder`s-Lance Inc.
  • The Kellogg Company
  • The Kraft Heinz Company
  • ConAgra Foods Inc.
  • Grupo Bimbo S.A.B. de C.V.
  • Arca Continental S.A.B. de C.V.
  • Old Dutch Foods Inc.
  • Direct Plus Food Group

Key Topics Covered:

1. Executive summary

2. Market size and growth analysis (Regional analysis )

3. Growth potential by countries in North America

4. Market size and growth analysis

5. Country Profiles

6. Success Stories

7. Company and Brand Analysis

8. Health & Wellness Analysis

9. Key Distribution Channels

10. Key Packaging Formats

11. Challenges and Future Outlook

For more information about this report visit https://www.researchandmarkets.com/research/pvl6hx/opportunities_in

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Savory Snacks

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Savory Snacks