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.  Check for Discount @ http://www.rnrmarketresearch.com/contacts/discount?rname=681518