Worldwide Demand For Snacks Are Project Exhibiting A 6.5% CAGR During 2021-2031| Fact.MR Forecasts

Snacks Market

Key Takeaways

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Key Players

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“Increasing prevalence of fast-paced and hectic lifestyles is prompting consumers to opt for ready-to-eat foodstuffs, with a higher inclination towards consumption of health boosting snacks, “says a Fact.MR analyst.

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Explore Fact.MR's Domain Coverage On Food & Beverage

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Snacks Market

Snacks Market

Snacks Market Report By Product Type, By Sales Channel, By Source Type, By Nature - Regional Forecast 2021-2031

Snacks Market Report By Product Type, By Sales Channel, By Source Type, By Nature - Regional Forecast 2021-2031

Key Takeaways

Key Takeaways

– By product type, cereal bars are expected to yield US$ 4.5 Bn in revenue by 2031 – Wheat snacks are expected to be widely consumed, growing at a CAGR of 5% – Organic snacks consumption to receive significant push, clocking US$ 8 Bn in revenue

– By product type, cereal bars are expected to yield US$ 4.5 Bn in revenue by 2031 – Wheat snacks are expected to be widely consumed, growing at a CAGR of 5% – Organic snacks consumption to receive significant push, clocking US$ 8 Bn in revenue

Key Players

Key Players

– Kellogg’s – Kraft Foods Group Inc. – Nestle S.A – Campbell Soup Company – ITC Limited – Mondelez International Inc. – Lotus Bakeries N.V – Britannia Industries Limited – Calbee Inc.

– Kellogg’s – Kraft Foods Group Inc. – Nestle S.A – Campbell Soup Company – ITC Limited – Mondelez International Inc. – Lotus Bakeries N.V – Britannia Industries Limited – Calbee Inc.

“Increasing prevalence of fast-paced and hectic lifestyles is prompting consumers to opt for ready-to-eat foodstuffs, with a higher inclination towards consumption of health boosting snacks, “says a Fact.MR analyst.

“Increasing prevalence of fast-paced and hectic lifestyles is prompting consumers to opt for ready-to-eat foodstuffs, with a higher inclination towards consumption of health boosting snacks, “says a Fact.MR analyst.

Analyst View

Analyst View

Explore Fact.MR's Domain Coverage On Food & Beverage

Explore Fact.MR's Domain Coverage On Food & Beverage