Global Savory Snacks Market to Grow CAGR 7.1% by 2020 August 2016 | Page 4
Global Savory Snacks Report; Analysis of opportunities offered by high growth
economies
Key Findings
Global Savory Snacks market is set to grow, driven by increasing urbanization levels and growing demand from
developing countries.
Drivers for shift in consumption patterns: Increasing urbanization and emerging middle income group in the
developing countries is driving the Savory Snacks industry growth.
In East Europe region, Russia is the largest market for Savory Snacks products in value terms, and is expected to grow
at a CAGR of 10% during 2015-2020.
Global Savory Snacks market is highly fragmented with the top five brands holding less than 16% of the combined
market share.
Ethnic/Traditional Snacks -Bourbon Petit is one of the leading brands of Ethnic/Traditional Snacks in the Asia-Pacific
region, with over 20% value share in Japan.
Compared to other regions, private label brands have a strong presence in Western Europe and North America.
Hypermarkets and Supermarkets is the leading distribution channel in the global Savory Snacks market.
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