Nestlé S.A. had sales of approximately 103.9 billion U.S. dollars in 2023, making them the leading snack and bakery product company in the world by a comfortable margin. By comparison, PepsiCo stood in second place that year, with sales of about 86.4 billion dollars.
Dollar sales growth of chocolate nibbles
Milk chocolate was unrivaled in terms of U.S. confectionery dollar sales growth: compared to the previous year, milk chocolate sales in the United States grew by over 300 million U.S. dollars. Ranking second, sales of chewy candy grew by roughly 65 million U.S. dollars. Several product categories, such as non-chocolate bars and hard candy, generated fewer sales in 2019 than in 2018.
Meaty snacks in c-stores
Jack Link’s, a meat snacks company best known for making beef jerky, accounted for nearly half of all meat snack sales in U.S. convenience stores in 2019. Roughly a fifth of the dollar sales was accounted for by Slim Jim, Jack Link’s top competitor. Each of the brands generated over 300 million U.S. dollars’ worth of dried meat sticks sales in American c-stores that year.
FAQs
Top snack and bakery companies worldwide in 2023
What is the best selling snack worldwide? ›
The biggest product in the savory market are potato chips. Not only do consumers eat multiple kilograms of potato chips, but they also spend billions on them. The worldwide potato chip market has reached a size of over 35 billion U.S. dollars.
What are the biggest snack cake companies? ›
Well-known American manufacturers of snack cakes include Hostess, Little Debbie, Dolly Madison, Tastykake and Drake's.
How big is the global snack market? ›
The global snacks market size was estimated at USD 1,450.4 billion in 2021 and is expected to reach USD 1,483.1 billion in 2022.
Which country eats the most snacks? ›
Worldwide snack food revenue by country 2023
The revenue ranking in the 'Snack Food' segment of the food market is lead by the United States with 49.87 billion U.S. dollars, while China is following with 27.21 billion U.S. dollars.
What is the world's largest snacking company? ›
Top snack and bakery companies worldwide in 2023
Nestlé S.A. had sales of approximately 103.9 billion U.S. dollars in 2023, making them the leading snack and bakery product company in the world by a comfortable margin.
What is the number one snack in America? ›
The customer and data-centric platform HubScore recently released its Favorite Snack By State Report, showcasing the most sought-after munchies nationwide. The winner? Rice Krispies Treats.
Where do the Kardashians get their cakes made? ›
For over 30 years, Hansen's Cakes in Los Angeles has been making cakes for the Kardashian-Jenner family — specifically their flower-topped basket weave cake.
What is the largest bakery company? ›
Bimbo Bakeries is the largest bakery in the U.S., and the world, and is especially well-known among the Mexican and Latin American community. One of their bakeries is located in Montebello – a city with a majority population of Hispanic residents.
Which is the largest bakery chain? ›
Cut to today, and 7th Heaven has emerged as India's largest bakery chain with a store count that has crossed the threshold of 200.
Manufacturers also include several pretzel and chip bakeries in Hanover, Pennsylvania, which holds the nickname "the snack capital of the world", as well as other examples like Hershey, Pennsylvania, home of the Hershey Chocolate Company and Asher's Chocolate Co., in Souderton, Pennsylvania.
What is the future of the snack market? ›
Market Overview of Global Snack market: According to our latest research, the global Snack market looks promising in the next 5 years. As of 2022, the global Snack market was estimated at USD million, and it's anticipated to reach USD million in 2028, with a CAGR during the forecast years.
What is the outlook for the snack industry? ›
According to a Mordor Intelligence report, the snack food market is projected to grow significantly. Its size is expected to increase from USD 256.26 billion in 2023 to USD 559.26 billion by 2028. This represents a compound annual growth rate (CAGR) of 16. 89% during the forecast period of 2023-2028.
What is the most eaten food in the world? ›
Rice. Rice is the staple food of more than half the world's population, and it's been that way for centuries. It's cheap, it's filling, and it can be easily grown in a variety of climates. Rice is so important to so many people that it's no surprise that it's the world's most-eaten food.
What demographic eats the most snacks? ›
The 25-34 age bracket leads the charge, with 68% eating three-plus snacks a day, followed by those age 35-44 (60%) and Gen Z consumers between 18 and 24 (58%).
What is the number 1 most popular food in the world? ›
Pizza has rightfully earned its place as the world's most beloved food. This Italian creation has become a staple in numerous countries, with endless variations to suit every taste bud. Whether you prefer thin crust or deep dish, classic Margherita, or loaded pepperoni, pizza has something for everyone.
What are the most consumed snacks in the world? ›
Pringles are stackable and crispy potato chips, one of the world's most popular snacks. They stay perfectly crisp despite being ultra-thin and light. You can't ask for anything more from a chip. Like other snack brands mentioned here, Pringles has released various flavor options throughout the brand's history.
What is the most eaten item in the world? ›
Rice is a food staple for more than 3.5 billion people around the world, particularly in Asia, Latin America, and parts of Africa. Rice has been cultivated in Asia for thousands of years.
What is the number one selling food item? ›
"In 2022, one in four carts contained bananas and this number has remained relatively consistent from year to year. As for the future popularity of bananas, they're not going anywhere," Romaniuk added.
