Snack and sweet sector: must-read reports and statistics

 
  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
26 votes
Share

Global Snacks & Sweets Industry

 

The world snack foods market is predicted to reach almost $335 billion by 2015, according to Global Industry Analysts. The main factors fuelling the market are income levels and consumer perceptions and demographics. The market is highly fragmented and intensely competitive, with an abundance of industry players in all categories from small to large.

 

With consumers having less and less time for activities such as shopping and cooking, snack foods are claiming an expanding portion of the food market, offering foods that act as both complement and substitute for time-consuming meals. Snack food producers are following trends toward healthier eating, offering ranges such as fat-free snack foods.

 

Packaging is a key element in the industry, with options such as single-serving packages, bite-sized packs and resalable bags proving popular. As consumers become more health conscious, companies are offering healthy options such as low calorie, low fat, vitamin fortified, organic and fiber-rich foods.

 

Key Market Segments

 

  • The global sugar market is expected to pass the 177 million metric ton mark by 2015, according to Global Industry Analysts. Factors fuelling the market include higher incomes in developing nations, and higher prices of alternative sweeteners such as agave syrup and corn syrup. Asia Pacific and the EU lead the sugar market in terms of consumption.

 

  • The world cocoa market will reach close to 5 million metric tons by 2015, according to Global Industry Analysts. Demand is particularly strong in developing nations. The market is fuelled by increased coverage of health benefits from eating certain types of chocolate for advantages such as nutrition content and the cancer-fighting potential of chocolates with a high cocoa content. The EU is the world’s largest cocoa market, with France, Germany and the Netherlands showing high consumption. Asia-Pacific is expected to show the most rapid growth, led by Malaysia moving foreword.

 

  • The market for fruit snacks and nuts is expected to continue expanding as consumers become more aware of their health benefits. Nuts contain unsaturated fats, are a source of protein, and are known for the benefits afforded by their omega-3 fatty acid and antioxidants content. 

 

  • The world honey market is expected to reach almost 2 million tons by 2015, reports Global Industry Analysts. Food producers are offering wider product ranges to cater to increased demand for honey-based products, with offerings such as organic spreads, yogurts, baby food and drinks.

 

  • The world confectioneries market is expected to exceed $186 billion by 2015, according to Global Industry Analysts. Market drivers include exotic flavors and sugar-free products. Confectioneries are encroaching on other niche markets such as fortified chocolate bars making a foray into the energy bars market and fortified gums in the chewing gum market.

 

 

Regional Market Share

 

Global Industry Analysts placed the EU at the head of the snack foods market based on demand from large markets including France, Germany and the UK. Asia-Pacific will lead in terms of annual growth at a rate of 6% yearly through 2015.

 

The US leads the sweetener market, according to Packaged Facts. Market growth is driven partly by new stevia-based products, which are seeing greater demand as consumers turn away from saccharin.

 

 

Industry Leaders

 

The main players on the global snacks and sweets market include Cadbury Schweppes, Herr Foods, PepsiCo, Pepperidge Farm, Walkers Snack Foods, Weaver Popcorn, Yamazaki Baking, Mission Foods, Kraft Foods, Nestlé, Kellogg, General Mills, Bachman, ConAgra Foods, Danone, Nabisco, Quaker Oats and Hain Celestial.

 

Kraft Foods makes half its global revenue from snack foods. The company, which employs 127,000 people worldwide, sells its products in around 170 countries. PepsiCo, which sells snack foods and beverages, employs more than 285,000 people and generates revenue of $60 billion. Among its brands are Gatorade, Doritos, Tropicana and Mountain Dew.

 

 

Market Outlook

 

The snacks and sweets market is expanding due to changing eating habits. Notably, consumers are reaching for smaller snack-based meals rather than traditional time-consuming dinners. The industry itself is diversifying to offer healthier snack options in the face of global concerns over the rise in obesity.

 

Though consumers have been cutting spending due to the global financial crisis, they are also working more, and as a result living more hectic lifestyles that lend themselves to on-the-go eating. The market will continue expanding, driven by innovative packaging, healthier product choices, higher disposable incomes and the promotion of health benefits from certain product categories, such as dark chocolate.

 

 

Leading Industry Associations

 

Instantly download all the latest snack and sweet market reports & statistics to accomplish a thorough analysis.
1-10 of about 4 000 reports

Global Snack And Sweet Markets

  • February 2015
    8 pages
  • Snack And Sweet  

  • World  

    United States  

View report >

Snack And Sweet Industry in the US Forecast

  • February 2015
    16 pages
  • Snack And Sweet  

  • United States  

    United Kingdom  

View report >

Snack And Sweet Industry in Europe

  • September 2014
    10 pages
  • Snack And Sweet  

    Snack Food  

  • Europe  

    World  

View report >

Snack And Sweet Supply in Asia Forecast

  • January 2015
    6 pages
  • Snack And Sweet  

    Sugar  

  • Philippines  

    Japan  

    Asia  

View report >

Snack And Sweet Markets in Japan

  • October 2013
    8 pages
  • Snack And Sweet  

    Sugar  

  • Japan  

View report >

Snack And Sweet Supply in Germany

  • January 2013
    7 pages
  • Snack And Sweet  

    Confectionery  

    Candy  

  • Germany  

    Europe  

View report >

Snack And Sweet Markets in the UK

  • December 2013
    12 pages
  • Snack And Sweet  

    Fruit And Veget  

  • United Kingdom  

    Europe  

View report >

Snack And Sweet Industry in Russia Forecast

  • April 2013
    11 pages
  • Snack And Sweet  

  • Russian Federat  

View report >

Snack And Sweet Supply in India Forecast Weekly Update

  • February 2015
    9 pages
  • Snack And Sweet  

    Sugar  

  • India  

    United States  

View report >


About 6 100 reports

Purchase Reports From Reputable Market Research Publishers
(From € 40 - € 7 313)

Chocolate-Russia

Chocolate-Russia

  • € 7 313
  • Company report
  • January 2015
  • by PureData

Description of Content of Retailer Reports The report consist of a main PDF file of about 450 pages, about 9500 web pages, about 14,500 spreadsheets, about 14,500 database tables, and a large number of ...

Packaged Food Market Analysis In Iran

February 2015 € 4 875

Packaged Food In Germany

February 2015 € 4 875

Packaged Food Market Analysis In Croatia

February 2015 € 4 875

Packaged Food In Israel

February 2015 € 4 875

Packaged Food In South Africa

February 2015 € 4 875

Packaged Food In France

February 2015 € 4 875

Packaged Food In Portugal

February 2015 € 4 875

Packaged Food In Uruguay

February 2015 € 4 875

Packaged Food In Italy

January 2015 € 4 875


ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.