Snacks Market Size, Trends, Analysis, and Outlook By Product (Frozen & Refrigerated, Fruit, Bakery, Savory, Confectionery, Dairy, Others), By Packaging (Bags & Pouches, Boxes, Cans, Jars, Others), By Distribution Channel (Supermarkets/Hypermarkets, Conven

Snacks Market Size, Trends, Analysis, and Outlook By Product (Frozen & Refrigerated, Fruit, Bakery, Savory, Confectionery, Dairy, Others), By Packaging (Bags & Pouches, Boxes, Cans, Jars, Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online, Others), by Country, Segment, and Companies, 2024-2032


Global Snacks Market Size is valued at $1.56 Billion in 2024 and is forecast to register a growth rate (CAGR) of 3.2% to reach $2 Billion by 2032.

The snacks market is evolving with a strong focus on health and wellness. Consumers are shifting toward better-for-you snacks with low sugar, high protein, and natural ingredients. Plant-based snacks, keto-friendly options, and functional ingredients like probiotics and adaptogens are becoming key drivers in the market.

Snacks Market Drivers, Trends, Opportunities, and Growth Opportunities

The comprehensive report presents unique market trends and challenges shaping the outlook for industry stakeholders. The Future of Snacks survey report provides the market size outlook across types, applications, and segments globally and regionally. It also offers data-driven insights and actionable recommendations for companies in the Snacks industry.

Key market trends defining the global Snacks demand in 2025 and Beyond

The Snacks industry remains an attractive hub for both domestic and global vendors. As we enter 2025, demand from end-user sectors, changes in consumption patterns, new product launches, and widening distribution channels will play major roles.

Snacks Market Segmentation- Industry Share, Market Size, and Outlook to 2032

Rising demand for diverse products and applications fuels the increased investments in niche segments. Leading companies focus on generating a large share of their future revenue growth by expanding into these niche segments. The report presents a market size outlook across segments, supporting companies scaling up production with a focus on potential countries.

Key strategies adopted by companies within the Snacks industry

Leading Snacks companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions. In particular, companies that leverage advanced technologies to achieve operational excellence are set to gain significant revenues. The report details the key strategies adopted by the top 10 Snacks companies.

Snacks Market Study- Strategic Analysis Review

The market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions.
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Snacks Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Snacks industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Snacks Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Snacks Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Snacks market segments. Similarly, strong market demand encourages Canadian Snacks companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Snacks Market Size Outlook- Companies investing in assessing consumers, categories, competitors, and capabilities.

The German Snacks industry remains the major market for companies in the European Snacks industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Snacks market fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and addressing niche consumer segments.

Asia Pacific Snacks Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing pool of consumer base, robust consumption expenditure, and increasing investments in manufacturing drive the demand for Snacks in Asia Pacific. In particular, China, India, and South East Asian Snacks markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Snacks Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to higher purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Snacks Market Size Outlook- continues its upward trajectory across segments.

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Snacks market potential. Fuelled by increasing consumption expenditure of individuals and growing population drive the demand for Snacks.

Snacks Company Profiles

The global Snacks market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. The leading companies included in the study are Calbee, Conagra Brands Inc, Danone SA, General Mills Inc, Grupo Bimbo, Intersnack Group GmbH & Co. KG, ITC Ltd, Kellogg Company, Mars Inc, Nestlé SA, PepsiCo Inc, The Kraft Heinz Company, Unilever Plc.

Recent Snacks Market Developments

The global Snacks market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Snacks Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

Product

Frozen & Refrigerated

Fruit

Bakery

Savory

Confectionery

Dairy

Others

Packaging

Bags & Pouches

Boxes

Cans

Jars

Others

Distribution Channel

Supermarkets/Hypermarkets

Convenience Stores

Online

Others

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Calbee

Conagra Brands Inc

Danone SA

General Mills Inc

Grupo Bimbo

Intersnack Group GmbH & Co. KG

ITC Ltd

Kellogg Company

Mars Inc

Nestlé SA

PepsiCo Inc

The Kraft Heinz Company

Unilever Plc

Formats Available: Excel, PDF, and PPT


Chapter 1: Executive Summary
1.1 Study Scope
1.2 Market Definition
1.3 Report Guide
1.3.1 Country Coverage
1.3.2 Companies Profiled
1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
1.3.4 Units
1.4 Abbreviations
Chapter 2. Snacks Market Overview- 2025
2.1 An Introduction to the Global Snacks Markets
2.2 Key Statistics
2.3 Region Benchmarking, 2024
2.4 Country Positioning Matrix, 2024
Chapter 3. Strategic Analysis Review
3.1 Snacks Industry Stakeholders
3.2 Value Chain Analysis
3.3 Porter’s Five Forces Analysis
3.4 SWOT Profile
3.5 Recent Market Developments
Chapter 4. Impact Analysis and Scenario Forecasts
4.1 Russia-Ukraine Conflict Analysis
4.2 COVID-19: Post Pandemic Recovery Analysis
4.3 US Inflation and Sluggish Growth in China
4.4 Focus on Sustainability
4.5 Low Growth Case Scenario: Global Snacks Market Outlook to 2032
4.6 Reference Case Scenario: Global Snacks Market Outlook to 2032
4.7 High Growth Case Scenario: Global Snacks Market Outlook to 2032
Chapter 5: Snacks Market Dynamics
5.1 Key Snacks Market Trends
5.2 Potential Snacks Market Opportunities
5.3 Key Market Challenges
Chapter 6: Global Snacks Market Analysis and Outlook to 2032
6.1 Global Market Outlook by Segments, 2021 to 2032
6.2 Product
Frozen & Refrigerated
Fruit
Bakery
Savory
Confectionery
Dairy
Others
Packaging
Bags & Pouches
Boxes
Cans
Jars
Others
Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Online
Others
6.3 Global Market Outlook by Region, 2021 to 2032
Chapter 7: North America Snacks Market Analysis and Outlook to 2032
7.1 North America Market Outlook by Segments, 2021- 2032
7.2 Product
Frozen & Refrigerated
Fruit
Bakery
Savory
Confectionery
Dairy
Others
Packaging
Bags & Pouches
Boxes
Cans
Jars
Others
Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Online
Others
7.3 North America Market Outlook by Country, 2021- 2032
7.3.1 United States Snacks Market Size Forecast, 2021- 2032
7.3.2 Canada Snacks Market Size Forecast, 2021- 2032
7.3.3 Mexico Snacks Market Size Forecast, 2021- 2032
Chapter 8: Europe Snacks Market Analysis and Outlook to 2032
8.1 Europe Market Outlook by Segments, 2021- 2032
8.2 Product
Frozen & Refrigerated
Fruit
Bakery
Savory
Confectionery
Dairy
Others
Packaging
Bags & Pouches
Boxes
Cans
Jars
Others
Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Online
Others
8.3 Europe Market Outlook by Country, 2021- 2032
8.3.1 Germany Snacks Market Size Forecast, 2021- 2032
8.3.2 France Snacks Market Size Forecast, 2021- 2032
8.3.3 United Kingdom Snacks Market Size Forecast, 2021- 2032
8.3.4 Spain Snacks Market Size Forecast, 2021- 2032
8.3.5 Italy Snacks Market Size Forecast, 2021- 2032
8.3.6 Russia Snacks Market Size Forecast, 2021- 2032
8.3.7 Rest of Europe Snacks Market Size Forecast, 2021- 2032
Chapter 9: Asia Pacific Snacks Market Analysis and Outlook to 2032
9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
9.2 Product
Frozen & Refrigerated
Fruit
Bakery
Savory
Confectionery
Dairy
Others
Packaging
Bags & Pouches
Boxes
Cans
Jars
Others
Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Online
Others
9.3 Asia Pacific Market Outlook by Country, 2021- 2032
9.3.1 China Snacks Market Size Forecast, 2021- 2032
9.3.2 India Snacks Market Size Forecast, 2021- 2032
9.3.3 Japan Snacks Market Size Forecast, 2021- 2032
9.3.4 South Korea Snacks Market Size Forecast, 2021- 2032
9.3.5 Australia Snacks Market Size Forecast, 2021- 2032
9.3.6 South East Asia Snacks Market Size Forecast, 2021- 2032
9.3.7 Rest of Asia Pacific Snacks Market Size Forecast, 2021- 2032
Chapter 10: South America Snacks Market Analysis and Outlook to 2032
10.1 South America Market Outlook by Segments, 2021- 2032
10.2 Product
Frozen & Refrigerated
Fruit
Bakery
Savory
Confectionery
Dairy
Others
Packaging
Bags & Pouches
Boxes
Cans
Jars
Others
Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Online
Others
10.3 South America Market Outlook by Country, 2021- 2032
10.3.1 Brazil Snacks Market Size Forecast, 2021- 2032
10.3.2 Argentina Snacks Market Size Forecast, 2021- 2032
10.3.3 Rest of South America Snacks Market Size Forecast, 2021- 2032
Chapter 11: Middle East and Africa Snacks Market Analysis and Outlook to 2032
11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
11.2 Product
Frozen & Refrigerated
Fruit
Bakery
Savory
Confectionery
Dairy
Others
Packaging
Bags & Pouches
Boxes
Cans
Jars
Others
Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Online
Others
11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
11.3.1 Saudi Arabia Snacks Market Size Forecast, 2021- 2032
11.3.2 The UAE Snacks Market Size Forecast, 2021- 2032
11.3.3 Rest of Middle East Snacks Market Size Forecast, 2021- 2032
11.3.4 South Africa Snacks Market Size Forecast, 2021- 2032
11.3.4 Rest of Africa Snacks Market Size Forecast, 2021- 2032
Chapter 12: Competitive Landscape
12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
12.2 Key Companies Profiled in the Study
12.3 Calbee
Conagra Brands Inc
Danone SA
General Mills Inc
Grupo Bimbo
Intersnack Group GmbH & Co. KG
ITC Ltd
Kellogg Company
Mars Inc
Nestlé SA
PepsiCo Inc
The Kraft Heinz Company
Unilever Plc
Chapter 13: Sources and Research Methodology
13.1 Primary and Secondary Sources
13.2 Research Methodology
13.3 Data Triangulation and Validation
13.4 Assumptions and Limitations
13.5 Forecast Methodology
Appendix
A: Highlights of the Q4-2024 Version
B: Conclusion and Future Recommendations
C: Customization Options
D: Contact Information
List of Figures
Figure 1: Country Analysis: Largest Market Share (%)- 2024 vs. 2032
Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
Figure 3: Population Outlook by Country, 2010- 2032
Figure 4: Inflation Outlook by Country (%), 2024- 2032
Figure 5: Global Snacks Market Outlook by Type, 2021- 2032
Figure 6: Global Snacks Market Outlook by Application, 2021- 2032
Figure 7: Global Snacks Market Outlook by Region, 2021- 2032
Figure 8: North America Snacks Market Snapshot, Q4-2024
Figure 9: North America Snacks Market Size Forecast by Type, 2021- 2032
Figure 10: North America Snacks Market Size Forecast by Application, 2021- 2032
Figure 11: North America Snacks Market Share by Country, 2023
Figure 12: Europe Snacks Market Snapshot, Q4-2024
Figure 13: Europe Snacks Market Size Forecast by Type, 2021- 2032
Figure 14: Europe Snacks Market Size Forecast by Application, 2021- 2032
Figure 15: Europe Snacks Market Share by Country, 2023
Figure 16: Asia Pacific Snacks Market Snapshot, Q4-2024
Figure 17: Asia Pacific Snacks Market Size Forecast by Type, 2021- 2032
Figure 18: Asia Pacific Snacks Market Size Forecast by Application, 2021- 2032
Figure 19: Asia Pacific Snacks Market Share by Country, 2023
Figure 20: South America Snacks Market Snapshot, Q4-2024
Figure 21: South America Snacks Market Size Forecast by Type, 2021- 2032
Figure 22: South America Snacks Market Size Forecast by Application, 2021- 2032
Figure 23: South America Snacks Market Share by Country, 2023
Figure 24: Middle East and Africa Snacks Market Snapshot, Q4-2024
Figure 25: Middle East and Africa Snacks Market Size Forecast by Type, 2021- 2032
Figure 26: Middle East and Africa Snacks Market Size Forecast by Application, 2021- 2032
Figure 27: Middle East and Africa Snacks Market Share by Country, 2023
Figure 28: United States Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 29: Canada Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 30: Mexico Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 31: Germany Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 32: France Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 33: United Kingdom Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 34: Spain Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 35: Italy Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 36: Russia Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 37: Rest of Europe Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 38: China Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 39: India Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 40: Japan Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 41: South Korea Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 42: Australia Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 43: South East Asia Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 44: Rest of APAC Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 45: Brazil Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 46: Argentina Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 47: Rest of LATAM Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 48: Saudi Arabia Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 49: UAE Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 50: South Africa Snacks Market Size Outlook, $ Million, 2021- 2032
Figure 51: Research Methodology
Figure 52: Forecast Methodology
List of Tables
Table 1: Market Scope and Segmentation
Table 2: Global Snacks Market Size Outlook, $Million, 2021 to 2032
Table 3: Low Case Scenario Forecasts
Table 4: Reference Case Scenario Forecasts
Table 5: High Growth Scenario Forecasts
Table 6: Global Snacks Market Size Outlook by Segments, 2021- 2032
Table 7: Global Snacks Market Size Outlook by Region, 2021- 2032
Table 8: Country Mapping, 2023 vs. 2032
Table 9: North America- Snacks Market Outlook by Type, 2021- 2032
Table 10: North America- Snacks Market Outlook by Country, 2021- 2032
Table 11: Europe - Snacks Market Outlook by Type, 2021- 2032
Table 12: Europe - Snacks Market Outlook by Country, 2021- 2032
Table 13: Asia Pacific - Snacks Market Outlook by Type, 2021- 2032
Table 14: Asia Pacific - Snacks Market Outlook by Country, 2021- 2032
Table 15: South America- Snacks Market Outlook by Type, 2021- 2032
Table 16: South America- Snacks Market Outlook by Country, 2021- 2032
Table 17: Middle East and Africa - Snacks Market Outlook by Type, 2021- 2032
Table 18: Middle East and Africa - Snacks Market Outlook by Country, 2021- 2032
Table 19: Business Snapshots of Leading Snacks Companies
Table 20: Product Profiles of Leading Snacks Companies
Table 21: SWOT Profiles of Leading Snacks Companies

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