Yahoo Finance Western European Savory Snacks Market Size and Trend Analysis by Categories and Segment, Distribution Channel, Packaging Formats, Market Share, Demographics, and Forecast, 2021-2026
Summary This report brings together multiple data sources to provide a comprehensive overview of the Western European savory snacks sector. It includes market overview, high growth country analysis, top companies, key distribution channels, packaging formats, and case studies.
New York, Oct. 05, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Western European Savory Snacks Market Size and Trend Analysis by Categories and Segment, Distribution Channel, Packaging Formats, Market Share, Demographics, and Forecast, 2021-2026" - https://www.reportlinker.com/p06325995/?utm_source=GNW
The global savory snacks sector was valued at $176,983 million in 2021. It is set to achieve a CAGR of 5.3% during 2021-26, reaching $229,348.6 million in 2026. With $23,814.2, Western Europe held the third-largest share in the global savory snacks sector in 2021 and sales are projected to yield a value CAGR of 4.7% during 2021-26. In 2021, Western Europe held a 13.5% value share in the global savory snacks sector. The largest savory snacks category in the region was potato chips, which accounted for a value share of 34.9%. The top five companies in the Western European savory snacks sector-PepsiCo, Intersnack Group GmbH & Co. KG, The Lorenz Bahlsen Snack-World Gmbh & Co Kg, The Kellogg Company, and Orkla Group-together accounted for only 38.5% of the sector’s overall value sales in 2021.
Scope
This report brings together multiple data sources to provide a comprehensive overview of the Western European savory snacks sector, analyzing data from 19 countries in the region.
It includes analysis on the following -
- Market environment: Includes sector size, market size, and growth analysis by category.
- High-potential countries’ analysis: Indicates changing share of value consumption of savory snacks by category across high-potential countries in the Western European region. It also provides risk-reward analysis of four countries across the Western European region based on market assessment, economic development, sociodemographic trends, governance indicators, and technological infrastructure.
- Country deep dive: Provides the overview, demographic analysis, and key trends across high-potential countries.
- Success stories: Provides some of the most compelling savory snacks manufacturers, brands, products, and marketing campaigns in the Western European region. It also provides a better understanding of how certain manufacturers achieved success in the sector, and insights.
- Competitive environment: Provides an overview of leading companies in the Western European region, besides analyzing the growth of private labels in the region.
- Health & wellness analysis*: Provides insights on health & wellness products in terms of value and percentage share in the overall food sector during 2016-21. The analysis includes key health & wellness attributes and consumer benefits driving sales of the savory snacks sector in 2021. It also covers the market shares of leading companies offering savory snacks with health & wellness attributes in the same year.
- Distribution analysis: Provides analysis on the leading distribution channels in the Western European savory snacks sector in 2021. It covers hypermarkets & supermarkets, food & drinks specialists, convenience stores, e-retailers, cash & carries and warehouse clubs, department stores, and other channels, which include “dollar stores”, variety stores & general merchandise retailers, and other retailers.
- Packaging analysis*: The report provides percentage share (in 2021) and growth analysis (during 2016-21) for various pack materials, pack types, closure types, and primary outer types based on volume sales (by pack units) of savory snacks.
- Challenges and future outlook: Provides the challenges and outlook pertaining to the Western European savory snacks sector.
Reasons to Buy
- Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances.
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, that can help companies in revenue expansion.
- To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.
Read the full report: https://www.reportlinker.com/p06325995/?utm_source=GNW
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