The North American savory snacks market is anticipated to grow at a CAGR of 3.8% during the forecast period. The savory snack market continues to grow in the North American region as the consumers continue to prioritize the portability, convenience, and indulgence offered by the savory snacks. The growth of savory snacks is driven by consumers, who want to be offered exotic products without minding the nutritional value, like potato chips, puffed snacks, or savory biscuits.
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The North American savory snacks market is segmented based on product and distribution channels. Based on the product, the savory snacks market is segmented into extruded snacks, potato chips, nuts & seeds, meat snacks, popcorn, and others. The distribution channel segment includes conventional stores (offline) and online retail. Owing to their tailor-made approach; customized and specific products, the demands for healthier snacks have prompted enhanced sales in specialty stores/conventional stores (offline). Specialty stores also offer innovative varieties of savory snacks for indulgence.
Country-wise, the North America savory snacks market is bifurcated into the US and Canada. Canada is expected to perceive the highest growth rate in North America. The increasingly busy consumers continue to shift toward informal, on-the-go food, like chips and savory biscuits, that results in the growth of the savory snacks market. Among the Canadian population, savory snacks are the most consumed snacks by men, while women preferred fruit as a healthier option. This shows an opportunity for the manufacturer to innovate products, which are healthy and have high nutritional value.
The savory snacks industry in North America is highly diversified with the majority of the market share held by large-scale enterprises. The region is home to a large number of savory snacks market players including PepsiCo, Inc., Kraft Foods, McCain Foods, Ltd., Mondelez International, Inc., The Hersey Co., and The Hain Celestial Group, Inc. among others. The Frito Lay Corporation dominates the savory snack food sector, whereas, Chips/crisps and tortilla/corn chips are the two most popular snack selections of American consumers, with chips/crisps capturing the highest value sales.
Research Methodology
The market study of the North American savory snacks market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. North American Savory Snacks Market by Product
5.1.1. Extruded Snacks
5.1.2. Potato Chips
5.1.3. Nuts & Seeds
5.1.4. Meat Snacks
5.1.5. Popcorn
5.1.6. Others
5.2. North American Savory Snacks Market by Distribution Channel
5.2.1. Conventional Stores (Offline)
5.2.2. Online Retail
6. Regional Analysis
6.1. The US
6.2. Canada
7. Company Profiles
7.1. B&G Foods, Inc.
7.2. Calbee, Inc.
7.3. Campbell Soup Co.
7.4. Clif Bar & Company
7.5. Conagra Brands, Inc.
7.6. Herr Foods, Inc.
7.7. J&J Snack Foods Corp.
7.8. JFC International
7.9. Kraft Foods PLC
7.10. Lamb Weston Holdings, Inc.
7.11. McCain Foods, Ltd.
7.12. Mondelez International, Inc.
7.13. Neal Brothers Foods Inc.
7.14. Premium Brands Holdings Corp.
7.15. Ruiz Food Products, Inc.
7.16. Shearer's Foods, LLC
7.17. The Hain Celestial Group, Inc.
7.18. The Hershey Co.
7.19. The Wonderful Company LLC
7.20. Utz Quality Foods, Inc.
1. NORTH AMERICAN SAVORY SNACKS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
2. NORTH AMERICAN EXTRUDED SNACKS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. NORTH AMERICAN POTATO CHIPS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. NORTH AMERICAN NUTS & SEEDS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. NORTH AMERICAN MEAT SNACKS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. NORTH AMERICAN POPCORN MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. NORTH AMERICAN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. NORTH AMERICAN SAVORY SNACKS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
9. NORTH AMERICAN CONVENTIONAL STORES (OFFLINE) MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
10. NORTH AMERICAN ONLINE RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. THE US SAVORY SNACKS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
12. THE US SAVORY SNACKS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
13. THE US SAVORY SNACKS MARKET RESEARCH AND ANALYSIS BY REVENUE MODEL, 2019-2026 ($ MILLION)
14. CANADA SAVORY SNACKS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
15. CANADA SAVORY SNACKS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
16. CANADA SAVORY SNACKS MARKET RESEARCH AND ANALYSIS BY REVENUE MODEL, 2019-2026 ($ MILLION)
1. NORTH AMERICAN SAVORY SNACKS MARKET SHARE BY PRODUCT, 2019 VS 2026 (%)
2. NORTH AMERICAN SAVORY SNACKS MARKET SHARE BY DISTRIBUTION CHANNEL, 2019 VS 2026 (%)
3. NORTH AMERICAN SAVORY SNACKS MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
4. NORTH AMERICAN EXTRUDED SNACKS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019 VS 2026 (%)
5. NORTH AMERICAN POTATO CHIPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019 VS 2026 (%)
6. NORTH AMERICAN NUTS & SEEDS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019 VS 2026 (%)
7. NORTH AMERICAN MEAT SNACKS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019 VS 2026 (%)
8. NORTH AMERICAN POPCORN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019 VS 2026 (%)
9. NORTH AMERICAN OTHERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019 VS 2026 (%)
10. NORTH AMERICAN CONVENTIONAL STORES (OFFLINE) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019 VS 2026 (%)
11. NORTH AMERICAN ONLINE RETAIL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019 VS 2026 (%)