The Asia-Pacific savory snacks market is anticipated to grow at a CAGR of 10.0% during the forecast period. Asia-Pacific is one of the largest markets for savory snacks. Large population, rapid urbanization, and increasing middle-class population are the primary factors driving the growth of the savory snacks market. Additionally, rising premiumization and increasing health consciousness among consumers are driving the market growth. Moreover, growing awareness about the consumption of salt and fat intake is driving the demand for nuts and seeds in the region. Notably, in 2019, Asia-Pacific accounted for the largest share in the global savory snacks market. However, products in this market face a strong threat of substitution by other snack foods, confectionery, and beverages, largely because switching costs for buyers tend to below, and retailers are heavily influenced by the end consumer demand.
To Request a Sample of our Report on Asia-Pacific Savory Snacks Market: https://www.omrglobal.com/request-sample/asia-pacific-savory-snacks-market
The Asia-Pacific savory snacks market is segmented based on product and distribution channels. Based on the product, the savory snacks market is segmented into extruded snacks, potato chips, nuts & seeds, meat snacks, popcorn, and others. Potato chips sales accounted for the highest value in the Asia-Pacific savory snacks market in 2019. The distribution channel segment includes conventional stores (offline) and online retail.
The Asia-Pacific savory snacks market is studied across China, India, Japan, ASEAN, South Korea, and the Rest of Asia-Pacific. The market is dominated by China, which accounted for the highest market share in 2019. The increasingly growing number of people in China, with busy lifestyles and long work hours, has led to a reduction in the time available, which is gradually changing the customers’ consumption patterns to frequent snacking options.
A full Report of Asia-Pacific Savory Snacks Market is Available @ https://www.omrglobal.com/industry-reports/asia-pacific-savory-snacks-market
Asia-Pacific Savory Snacks Market Segmentation
By Product
- Extruded Snacks
- Potato Chips
- Nuts & Seeds
- Meat Snacks
- Popcorn
- Others
By Distribution Channel
- Conventional Stores (Offline)
- Online Retail
Regional Analysis
- China
- India
- Japan
- ASEAN
- South Korea
Rest of Asia Pacific
Company Profiles
- Balaji Wafers Pvt. Ltd.
- Bikaji Foods International, Ltd.
- Bestore Food Co., Ltd.
- Bombay Sweets & Co., Ltd.
- Calbee, Inc.
- DFM Foods, Ltd.
- Garudafood Putra Putri Jaya TBK
- Haldiram Foods International Pvt. Ltd.
- Hefei Huatai Food Co., Ltd.
- ITC, Ltd.
- Kameda Seika Co., Ltd.
- KOIKE-YA, Inc.
- 7PepsiCo, Inc.
- Prataap Snacks, Ltd.
- Snack Brands Australia
- The Three Squirrels
- Universal Robina Corp.
- Want Want China Holdings,Ltd.
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404