Product Code: 21581
The Global Snacks Market, valued at USD 679.15 Million in 2024, is projected to experience a CAGR of 5.43% to reach USD 932.72 Million by 2030. The global snacks market encompasses a diverse range of convenient food items consumed between main meals or as light, supplementary options, spanning both savory and sweet categories. The market's consistent growth is primarily driven by fundamental societal shifts including increasing urbanization, evolving consumer lifestyles demanding greater convenience and on-the-go solutions, and rising disposable incomes globally.
| Market Overview |
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 679.15 Million |
| Market Size 2030 | USD 932.72 Million |
| CAGR 2025-2030 | 5.43% |
| Fastest Growing Segment | Online |
| Largest Market | Asia Pacific |
Key Market Drivers
The increasing demand for convenient and on-the-go options represents a significant catalyst for the global snacks market, driven by evolving consumer lifestyles that necessitate quick and easy consumption solutions. Modern consumers, often operating on demanding schedules, increasingly rely on snacks to bridge hunger gaps or serve as flexible meal alternatives throughout the day. This trend is evident in purchasing behaviors where portability and immediate consumption drive product selection. According to SNAC International, in July 2023, the "State of the Industry 2023" report highlighted that 5% of consumers frequently consume snacks instead of a main meal due to their on-the-go lifestyles, reflecting a notable six-point increase from two years prior.
Key Market Challenges
Persistent volatility in raw material prices represents a significant impediment to the sustained expansion of the global snacks market. Fluctuations in the cost of key ingredients directly translate into increased and unpredictable production expenses for snack manufacturers. This economic pressure forces companies to either absorb higher operational costs, thereby diminishing profit margins, or to transfer these elevated expenses to consumers through increased retail prices. Both outcomes can hinder market growth, as reduced profitability curtails investment in product innovation and market penetration, while higher consumer prices can lead to decreased demand and slower market adoption.
Key Market Trends
The diversification into global and exotic flavors is a key growth trend, with consumers increasingly seeking adventurous and authentic taste experiences from around the world. This trend compels manufacturers to innovate their product portfolios by incorporating diverse culinary influences. According to SNAC International, in its May 2025 State of the Industry Report, spicy and globally inspired flavors, including sriracha and harissa, experienced a 15% rise in consumer popularity.
Key Market Players
- General Mills, Inc.
- PepsiCo, Inc.
- The Kraft Heinz Company
- Nestle S.A
- WK Kellogg Co
- Unilever plc
- Calbee, Inc.
- Intersnack Group GmbH & Co. KG
- Conagra Brands, Inc.
- ITC Limited
Report Scope:
In this report, the Global Snacks Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Snacks Market, By Product Type:
- Frozen & Refrigerated
- Fruit
- Bakery
Snacks Market, By Packaging:
Snacks Market, By Sales Channel:
- Departmental Stores
- Online
- Hypermarkets/Supermarkets
- Others
Snacks Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the Global Snacks Market.
Available Customizations:
Global Snacks Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Snacks Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Product Type (Frozen & Refrigerated, Fruit, Bakery)
- 5.2.2. By Packaging (Bags & Pouches, Boxes)
- 5.2.3. By Sales Channel (Departmental Stores, Online, Hypermarkets/Supermarkets, Others)
- 5.2.4. By Region
- 5.2.5. By Company (2024)
- 5.3. Market Map
6. North America Snacks Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.2. By Packaging
- 6.2.3. By Sales Channel
- 6.2.4. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Snacks Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Product Type
- 6.3.1.2.2. By Packaging
- 6.3.1.2.3. By Sales Channel
- 6.3.2. Canada Snacks Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Product Type
- 6.3.2.2.2. By Packaging
- 6.3.2.2.3. By Sales Channel
- 6.3.3. Mexico Snacks Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Product Type
- 6.3.3.2.2. By Packaging
- 6.3.3.2.3. By Sales Channel
7. Europe Snacks Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By Packaging
- 7.2.3. By Sales Channel
- 7.2.4. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Snacks Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Product Type
- 7.3.1.2.2. By Packaging
- 7.3.1.2.3. By Sales Channel
- 7.3.2. France Snacks Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Product Type
- 7.3.2.2.2. By Packaging
- 7.3.2.2.3. By Sales Channel
- 7.3.3. United Kingdom Snacks Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Product Type
- 7.3.3.2.2. By Packaging
- 7.3.3.2.3. By Sales Channel
- 7.3.4. Italy Snacks Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Product Type
- 7.3.4.2.2. By Packaging
- 7.3.4.2.3. By Sales Channel
- 7.3.5. Spain Snacks Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Product Type
- 7.3.5.2.2. By Packaging
- 7.3.5.2.3. By Sales Channel
8. Asia Pacific Snacks Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By Packaging
- 8.2.3. By Sales Channel
- 8.2.4. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Snacks Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Product Type
- 8.3.1.2.2. By Packaging
- 8.3.1.2.3. By Sales Channel
- 8.3.2. India Snacks Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Product Type
- 8.3.2.2.2. By Packaging
- 8.3.2.2.3. By Sales Channel
- 8.3.3. Japan Snacks Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Product Type
- 8.3.3.2.2. By Packaging
- 8.3.3.2.3. By Sales Channel
- 8.3.4. South Korea Snacks Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Product Type
- 8.3.4.2.2. By Packaging
- 8.3.4.2.3. By Sales Channel
- 8.3.5. Australia Snacks Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Product Type
- 8.3.5.2.2. By Packaging
- 8.3.5.2.3. By Sales Channel
9. Middle East & Africa Snacks Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By Packaging
- 9.2.3. By Sales Channel
- 9.2.4. By Country
- 9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Snacks Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Product Type
- 9.3.1.2.2. By Packaging
- 9.3.1.2.3. By Sales Channel
- 9.3.2. UAE Snacks Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Product Type
- 9.3.2.2.2. By Packaging
- 9.3.2.2.3. By Sales Channel
- 9.3.3. South Africa Snacks Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Product Type
- 9.3.3.2.2. By Packaging
- 9.3.3.2.3. By Sales Channel
10. South America Snacks Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Product Type
- 10.2.2. By Packaging
- 10.2.3. By Sales Channel
- 10.2.4. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Snacks Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Product Type
- 10.3.1.2.2. By Packaging
- 10.3.1.2.3. By Sales Channel
- 10.3.2. Colombia Snacks Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Product Type
- 10.3.2.2.2. By Packaging
- 10.3.2.2.3. By Sales Channel
- 10.3.3. Argentina Snacks Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Product Type
- 10.3.3.2.2. By Packaging
- 10.3.3.2.3. By Sales Channel
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Snacks Market: SWOT Analysis
14. Porter's Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. General Mills, Inc.
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
- 15.2. PepsiCo, Inc.
- 15.3. The Kraft Heinz Company
- 15.4. Nestle S.A
- 15.5. WK Kellogg Co
- 15.6. Unilever plc
- 15.7. Calbee, Inc.
- 15.8. Intersnack Group GmbH & Co. KG
- 15.9. Conagra Brands, Inc.
- 15.10. ITC Limited
16. Strategic Recommendations
17. About Us & Disclaimer