Snack Products
                     Snack Products Market Regional Demand, Trends and Forecast To 2027
Market Overview
Snack products are defined as a portion of food, which is smaller than a regular meal and is 
consumed between the meals. Increasing demand for packaged and ready to eat food products, 
owing to busy schedule of the consumers is fueling global growth of the snack products market. 
Furthermore, portability of food products and innovation in flavors are the factors propelling the 
demand for snack products market worldwide. For instance, in 2014, PepsiCo Inc. had launched 
crushed salt & vinegar flavored Smith’s in New Zealand and Australia and hot chili and spicy 
seafood flavors in Thailand under the Lay’s brand.
However, high cost of the raw materials including butter, whole milk powder, and cocoa butter is 
hampering the market growth. According to the UN Food and Agricultural Organization, 
international butter price recorded a substantial hike in June 2017.
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Market Dynamics
Among the product type, fresh fruits and vegetables segment dominated the global snack products 
market in 2016, owing to the increasing health awareness among the consumers. Furthermore, 
among distribution channel, hypermarket contributed the largest share in the global snack products 
market in 2016. This is attributed to the wide range availability of products in hypermarket with 
various discount offers.
Snack Products Market Taxonomy
Based on the product type, snack products market is segmented into:
•Chocolate
•Fresh fruits and Vegetables
•Cookies and Biscuits
•Bread and Sandwiches
•Yogurt
•Cheese
•Chips and Crisps
•Nuts and Seeds
•Ice cream
•Others
Based on the distribution channel, snack products market is segmented into:
•Supermarket
•Hypermarket
•Convenience Store
•Specialty Stores
•Online Channel
•Others
The major players operating in snack products market include PepsiCo Inc., Mondelez International
Inc., Kellogg Company, Lamb Weston Holdings Inc., McCain Foods Ltd., Intersnack Group, Calbee
Inc., Aviko B.V.  General Mills Inc., and McDonald’s Corporation.
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