Global Specialty Snacks Market is
anticipated to grow at a higher CAGR in the forthcoming period. Specialty
snacks are also termed as natural and organic products, which is a fastest
growing segment in the grocery business worldwide. Another name for specialty
snacks can be coined as Artisan foods, which comprise breads, cheese, jams,
sauces, heirloom vegetables, handmade chocolates, natural and organic meat.
With commercially rising importance of the specialty snacks and food across the world, the market is set to witness a higher CAGR growth in the forthcoming period. Driving factors responsible for the growth of Specialty Snacks Market includes snacks as the best alternative for traditional meals with snacks. Features such as low-calorie, preservative-free, low-carb and GMO-free is expected to drive the market growth. However, price constraints and loss of quality in case of loose storage may likely hamper the growth of Specialty Snacks Industry.
With commercially rising importance of the specialty snacks and food across the world, the market is set to witness a higher CAGR growth in the forthcoming period. Driving factors responsible for the growth of Specialty Snacks Market includes snacks as the best alternative for traditional meals with snacks. Features such as low-calorie, preservative-free, low-carb and GMO-free is expected to drive the market growth. However, price constraints and loss of quality in case of loose storage may likely hamper the growth of Specialty Snacks Industry.
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Based on segmentation by product,
the Specialty Snacks Market includes nuts & seed snack, chips & crisp,
bakery snacks, snack bars and popped snacks. Segmentation based on end-user/application
includes retail & grocery store chains, by-products processors and
foodservice customers. Retail & grocery store chains dominate the market
owing to growth in demand for snacks and other foods.
Geographically, Specialty Snacks
Industry spans North America, Latin America, Europe, Asia-Pacific, Middle-East
and Africa. APAC market dominates the global market owing to rise in demand for
snacks. Europe market is expected to be a larger market worldwide and is
expected to grow at a higher CAGR due to high population and rise in
consumption of packaged foods. Europe ranks second largest in the Specialty
Snacks Market on a global scale due to sedentary lifestyle of consumers. North
America is also expected to gain a dominant position in the market due to
factors such as demand for instant food and beverage. The key players in the
Specialty Snacks Market include Kraft Heinz Foods Company, ConAgra Foods Inc,
Diamond Foods LLC, Calbee Inc, General Mills Inc, Kellogg Company, Blue Diamond
Growers Inc.
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Detailed TOC of Specialty
Snacks Market Forecast to 2022:
1 Industry Overview
2 Competition by Manufacturers
3 Capacity, Production, Revenue (Value) by Region (2012-2022)
4 Supply (Production), Consumption, Export, Import by Region
(2012-2022)
5 Company Basic Information, Manufacturing Base, Sales Area
and Its Competitors
6 Industrial Chain, Sourcing Strategy and Downstream Buyers
7 Marketing Strategy Analysis, Distributors/Traders
8 Market Effect Factors Analysis
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