Global Savory Snacks Market size to reach USD 171.9 Billion by 2027 - KBV Research
The Global Savory Snacks Market size is expected to reach $171.9 billion by 2027, rising at a market growth of 7.5% CAGR during the forecast period.
By: KBV Research
According to a new report Global Savory Snacks Market, published by KBV research, The Global Savory Snacks Market size is expected to reach $171.9 billion by 2027, rising at a market growth of 7.5% CAGR during the forecast period.
Nuts and seeds segment would exhibit the fastest growth rate during the forecast period. As consumers are constantly willing to choose healthy snacking alternatives, the popularity of nuts & seeds has witnessed a huge upsurge in the last few years. In order to cater to the shifting tastes & preferences of the consumers, the makers are providing various options that include roasted almonds, pine nuts, cashews, mixed nuts, and chestnuts, and among others.
On the basis of flavors, the roasted/toasted snack segment acquired the maximum revenue share of the global savory snacks market in 2020 and would exhibit a similar kind of trend even during the forecast period. The constantly growing inclination of consumers towards healthy, oil-free products due to a surge in health awareness is responsible for the growth of this segment.
Full Report: https://www.kbvresearch.com/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region.
Global Savory Snacks Market Segmentation
By Distribution Channel