The Asia-Pacific savory snacks market is estimated to witness a strong CAGR of 10.0% during the forecast period (2020-2026). Changing consumer lifestyles, product varieties, and growth in distribution channels are some of the factors contributing to the increasing sales of savory snacks. There is great potential in products targeted at teenagers and older children, particularly in the emerging markets. This is because parents are often willing to spend on their children before indulging themselves. A major trend across all markets at the moment is smaller package sizes as a way of encouraging more frequent snacking, by making it both convenient and easier to control portions. Changing dietary trends are prompting manufacturers to explore alternative recipes, like substitutes for salt, spices, and wheat. Packaged baked savory snacks are one of the major subtypes in the Asia-Pacific savory snack market.
Browse the full report description of "Asia-Pacific Savory Snacks Market Size, Share & Trends Analysis Report by Product (Extruded Snacks, Potato Chips, Nuts & Seeds, Meat Snacks, Popcorn, and Others), by Distribution Channel (Conventional Stores (Offline) and Online Retail), Forecast Period (2020-2026)" at https://www.omrglobal.com/industry-reports/asia-pacific-savory-snacks-market
China is the largest contributor in the Asia-Pacific savory snacks market. With the continuous expansion in western-style food outlets in China, the consumption of ready-to-eat snacks, such as French fries, is expected to foster the moderate growth of the savory snack market in the country. Apart from being curious and patriotic, Chinese consumers are picky eaters. Commercially available savory snacks are likely accepted by consumers in the country, owing to their richness in taste and smell. The major manufacturers in the region keep themselves strictly aligned to the consumer needs and continue to incorporate naïve technologies assisting in the formulation of attractively packaged and labeled products, thus driving the market growth in the country.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
Asia Pacific Savory Snacks Market Report Segment
By Product
By Distribution Channel
Asia Pacific Savory Snacks Market Report Segment by Region
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