The European savory snacks market is estimated to record a healthy CAGR of 4.7% during the forecast period (2020-2026). The European savory snacks market is at the pinnacle of consumers’ needs as they are increasingly looking for personalization in products and services as well as the right snack on the right occasion. The food and beverage space is continuously progressing and is ahead of the curve, with protein-rich foods being the newest fad. The European snacks industry is very pliable to ever-changing consumer demands and making, indulgent, convenient, and affordable treats. However, the pressure from the authorities has increased in recent times; particularly linked to subjects such as food product reformulation, food safety regulation, marketing to children, and discriminatory food taxation, which in turn could impede the growth of the market in Europe.
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The way that customers perceive nutrition is changing constantly. They are demanding more from food brands and are looking for new and diverse benefits from the foods they consume. Their consumption patterns have changed, too, as the diversity between snacks and meals continues to blur. From low-fat and low carb to gluten-free and paleo, consumers are increasingly confident in their food choices. In this always-on-the-go, fast-paced society, consumers are generally short on time, and to keep up they are increasingly inclined towards diverse on-the-go savory snacks.
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Market Coverage
• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- by Product and Distribution Channel
• Countries Covered- UK, Germany, Italy, Spain, France, and Rest of Europe
• Competitive Landscape- Arca Continental, S.A.B. De C.V., Aryzta AG, Conagra Brands, Inc., Intersnack Group GmbH, Lorenz Bahlsen Snack-World Gmbh & Co KG, Mondelez International, Inc., Nestlé S.A., Pepsico, Inc., and The Kraft Heinz Co.
Key questions addressed by the report
• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Europe Savory Snacks Market Report Segment
By Product
• Extruded Snacks
• Potato Chips
• Nuts & Seeds
• Meat Snacks
• Popcorn
• Others
By Distribution Channel
• Conventional Stores (Offline)
• Online Retail
Europe Savory Snacks Market Report Segment by Region
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Company Profiles
• Amica Chips S.p.A.
• Arca Continental, S.A.B. De C.V.
• Aroma Snacks GmbH & Co. KG
• Aryzta AG
• Conagra Brands, Inc.
• General Mills, Inc.
• Intersnack Group GmbH
• Kerry Group plc
• Kolak Snackfood, Ltd.
• KP Snacks
• Lorenz Bahlsen Snack-World Gmbh & Co KG
• Mondelez International, Inc.
• Nestlé S.A.
• Patatay's (European Snacks)
• Pepsico, Inc.
• Poco Loco B.V.
• The Hain Celestial Group, Inc.
• The Kellogg Company
• The Kraft Heinz Co.
• TNA Europe, Ltd.
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