Market Analysis Report U.S. Savory Snacks Market | Page 2

Your Catalyst to a Lucrative Business Distribution channels primarily include online and offline channels. Rising income levels and presence of many convenience stores, hypermarkets, supermarkets, and retail shops are tending people towards bulk purchases of savory snacks. Offline channels command a larger share in the market. Base of working population is increasingly expanding and people rely on time-saving products. Owing to busy work life, people are buying more convenient food items, thus boosting the demand for ready to eat meals and snacks. There is a strong demand for a wide variety of snacks among the populace, which is encouraging companies to launch new and innovative snack items. Many players are continuously launching new products, experimenting with their shape, flavor, and taste, in order to meet the industry demand and satisfy palate expectations of consumers. Moreover, increase in research and development activities in the field for offering new and healthy flavors to consumers coupled with availability of a wide variety of existing flavors are helping the market gain tremendous traction. The U.S. savory snacks market is highly fragmented with presence of several large and small players dealing in the industry. Some of the major players operating in the market are PepsiCo Foods; McCain Foods; Lamb Weston Holdings, Inc.; Kellogg Co.; and Calbee North America. Industry players are largely involved in mergers and acquisitions and introduction of new and innovative products to enlarge company’s product portfolio and consolidate their position in the market. Hexa Research has segmented the U.S. savory snacks market report based on type and distribution channel Segmentation by type, 2015 - 2025 (USD Billion) • Potato chips • Processed chips • Nuts & seeds • Meat snacks • Others Segmentation by Distribution Channel, 2017 (% share) • Online • Offline Key players analyzed • PepsiCo Foods • McCain Foods • Lamb Weston Holdings, Inc. • Kellogg Co. • Calbee North America Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/food-and- beverages-industry Follow Us: