Savory Snack Products Market Drivers, Restraints, Opportunities & Challenges
The Savory Snack Products Market size is estimated to be valued at USD 203.9 billion in 2022 and is projected to reach USD 263.0 billion by 2027, recording a CAGR of 5.2% during the forecast period in terms of value. The market is driven by shifting consumer preferences to the convenience food or on-the-go food owing to their increasing hectic lifestyle. Furthermore, these savory snack products have emerged as a meal alternative for many working-class populations and college grads. Savory snack products help to quench their hunger without taking any extra breaks during their work and also helps them to restrict themselves for overeating during the mealtime. Therefore, the demand for savory snacks has increased significantly across the globe. Download PDF Brochure Drivers: Expansion of retail industry globally The retail sector is one the largest sales channel for savory snack products sales across the globe. Key developed regions like the US, Canada, UK, France, Australia, ...