Topic: Global snack food market (2024)

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Savory snacks Snack food companies Key insights Table of contents Editor’s Picks Current statistics on this topic Further recommended statistics Market overview Market overview Savory snack segments Savory snack segments Packaging segments Packaging segments Companies Companies Consumer habits Consumer habits Get the best reports to understand your industry Contact FAQs
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    During the pandemic worldwide snack consumption shot up across all categories. The most common reason for people to snack was the sense of comfort they experienced from indulging. People also snacked to relieve boredom, reward themselves, boost their mood, and to relax. After 2020, revenue growth for snacks is expected to slow.Any small portion of food eaten between the three daily meals can be considered a snack, however, there are some products that are more commonly associated with snacking than with regular meals. For example, global yearly consumption of cookies and crackers amounts to multiple kilograms per person, but few would eat them for breakfast, lunch, or dinner.

    Savory snacks

    Besides confectionery and other sweet snacks, one of the big subcategories of snack food are savory snacks. Overall, savory snacks have a global market value of over 250 billion U.S. dollars. 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. Most of these snacks are sold in packaged form and only a minor share of sales is accounted for by unpackaged potato chips.

    Snack food companies

    As with other food categories, snack food products can more likely than not be traced to a variety of larger food conglomerates. For example, Oreo, which are very popular in the U.S., are a product of Mondelez. However, the company is only a minor player compared to the market leaders. The worldwide market leader among snack and bakery companies is Nestlé which makes over a hundred billion U.S. dollars in sales annually. Nestlé is followed by PepsiCo, which for example owns Frito-Lay, the leading U.S. vendor of potato chips and other snack foods. The United States remains the biggest individual market for snack foods. On a regional scale, North America is surpassed as the biggest market of savory snacks by the Asia-Pacific region, which is expected to be an even bigger market in the future than it is now.

    This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.

    Published by Statista Research Department, Jan 10, 2024

    Key insights

    Value of the global savory snacks market
    250.5bn USD

    Topic: Global snack food market (2)

    Detailed statistics

    Value of the global savory snacks market 2021-2030

    Asia-Pacific market share of the savory snacks market
    36.1%

    Topic: Global snack food market (3)

    Detailed statistics

    Market distribution of the global savory snacks market 2019 & 2026, by region

    Leading global market for snack products
    United States

    Topic: Global snack food market (4)

    Detailed statistics

    Worldwide snack food revenue by country 2023

    Get more insights

    Editor’s Picks Current statistics on this topic

    SnacksGlobal: snack food market revenue 2019-2029, by segment
    SnacksTop snack and bakery companies worldwide in 2023

    Further recommended statistics

    Market overview

    5
    • Premium Statistic Value of the global savory snacks market 2021-2030
    • Premium Statistic Global: snack food market volume 2019-2029, by segment
    • Premium Statistic Worldwide snack food revenue by country 2023

    Market overview

    • Premium Statistic Value of the global savory snacks market 2021-2030

      Topic: Global snack food market (8)

      Value of the global savory snacks market 2021-2030

      Value of the savory snacks market worldwide from 2021 to 2030 (in billion U.S. dollars)

    • Premium Statistic Global: snack food market volume 2019-2029, by segment

      Topic: Global snack food market (9)

      Global: snack food market volume 2019-2029, by segment

      Volume of the snack food market worldwide from 2019 to 2029, by segment (in billion kilograms)

    • Topic: Global snack food market (10)

      Revenue of the confectionery & snacks market worldwide 2023, by country

      Revenue of the confectionery & snacks market worldwide in 2023, by country (in billion U.S. dollars)

    • Premium Statistic Worldwide snack food revenue by country 2023

      Topic: Global snack food market (11)

      Worldwide snack food revenue by country 2023

      Revenue of the snack food market worldwide by country in 2023 (in billion U.S. dollars)

    • Topic: Global snack food market (12)

      Market distribution of the global savory snacks market 2019 & 2026, by region

      Market distribution of the savory snacks market worldwide in 2019 and 2026, by region

    Savory snack segments

    8
    • Premium Statistic Value of the global savory snack market 2019-2026, by type
    • Premium Statistic Global: snack food market revenue growth 2020-2029, by segment
    • Premium Statistic Value of the global savory snacks market 2019-2026, by region
    • Premium Statistic Value of the global potato chips market 2019-2026, by region
    • Premium Statistic Value of the global extruded snacks market 2019-2026, by region
    • Premium Statistic Value of the global meat snacks market 2019-2026, by region

    Savory snack segments

    • Premium Statistic Value of the global savory snack market 2019-2026, by type

      Topic: Global snack food market (13)

      Value of the global savory snack market 2019-2026, by type

      Value of the savory snack market worldwide from 2019 to 2026 (in million U.S. dollars), by type

    • Topic: Global snack food market (14)

      Market distribution of the global savory snacks market 2019 & 2026, by type

      Market distribution of the savory snacks market worldwide in 2019 and 2026, by type

    • Premium Statistic Global: snack food market revenue growth 2020-2029, by segment

      Topic: Global snack food market (15)

      Global: snack food market revenue growth 2020-2029, by segment

      Revenue growth of the snack food market worldwide from 2020 to 2029, by segment

    • Premium Statistic Value of the global savory snacks market 2019-2026, by region

      Topic: Global snack food market (16)

      Value of the global savory snacks market 2019-2026, by region

      See Also
      Savory Snacks Market Size & Share Report, 2022-2030

      Value of the savory snacks market worldwide from 2019 to 2026 (in million U.S. dollars), by region

    • Premium Statistic Value of the global potato chips market 2019-2026, by region

      Topic: Global snack food market (17)

      Value of the global potato chips market 2019-2026, by region

      Value of the potato chips market worldwide from 2019 to 2026, by region (in million U.S. dollars)

    • Topic: Global snack food market (18)

      Value of the global nuts & seeds market 2019-2026, by region

      Value of the nuts and seeds market worldwide from 2019 to 2026 (in million U.S. dollars), by region

    • Premium Statistic Value of the global extruded snacks market 2019-2026, by region

      Topic: Global snack food market (19)

      Value of the global extruded snacks market 2019-2026, by region

      Value of the extruded snacks market worldwide from 2019 to 2026, by region (in million U.S. dollars)

    • Premium Statistic Value of the global meat snacks market 2019-2026, by region

      Topic: Global snack food market (20)

      Value of the global meat snacks market 2019-2026, by region

      Value of the meat snacks market worldwide from 2019 to 2026, by region (in million U.S. dollars)

    Packaging segments

    6
    • Premium Statistic Value of the global packaged savory snacks market 2019-2026, by type
    • Premium Statistic Value of the global unpackaged savory snacks market 2019-2026, by type

    Packaging segments

    • Premium Statistic Value of the global packaged savory snacks market 2019-2026, by type

      Topic: Global snack food market (21)

      Value of the global packaged savory snacks market 2019-2026, by type

      Value of the packaged savory snacks market worldwide from 2019 to 2026 (in million U.S. dollars), by type

    • Premium Statistic Value of the global unpackaged savory snacks market 2019-2026, by type

      Topic: Global snack food market (22)

      Value of the global unpackaged savory snacks market 2019-2026, by type

      Value of the unpackaged savory snacks market worldwide from 2019 to 2026, by type (in million U.S. dollars)

    • Topic: Global snack food market (23)

      Value of the global packaged & unpackaged potato chips market 2019-2026

      Value of the packaged and unpackaged potato chips market worldwide from 2019 to 2026 (in million U.S. dollars)

    • Topic: Global snack food market (24)

      Value of the global packaged & unpackaged nuts & seeds market 2019-2026

      Value of the packaged and unpackaged nuts and seeds market worldwide from 2019 to 2026 (in million U.S. dollars)

    • Topic: Global snack food market (25)

      Value of the global packaged & unpackaged extruded snacks market 2019-2026

      Value of the packaged and unpackaged extruded snacks market worldwide from 2019 to 2026 (in million U.S. dollars)

    • Topic: Global snack food market (26)

      Value of the global packaged & unpackaged meat snacks market 2019-2026

      Value of the packaged and unpackaged meat snacks market worldwide from 2019 to 2026 (in million U.S. dollars)

    Companies

    7
    • Premium Statistic Top snack and bakery companies worldwide in 2023
    • Premium Statistic Global sales of the Nestlé Group 2005-2023
    • Premium Statistic Global sales of Nestlé 2023, by product category
    • Premium Statistic PepsiCo's net revenue worldwide 2007-2023
    • Premium Statistic PepsiCo's distribution of net revenue worldwide 2023, by segment
    • Premium Statistic Mondelez International's net revenue worldwide 2011-2023
    • Premium Statistic Mondelez International's net revenue distribution worldwide by sector 2022

    Companies

    • Premium Statistic Top snack and bakery companies worldwide in 2023

      Topic: Global snack food market (27)

      Top snack and bakery companies worldwide in 2023

      Sales of the leading snack and bakery companies worldwide in 2023 (in billion U.S. dollars)

    • Premium Statistic Global sales of the Nestlé Group 2005-2023

      Topic: Global snack food market (28)

      Global sales of the Nestlé Group 2005-2023

      Nestlé Group's sales worldwide from 2005 to 2023 (in billion CHF)

    • Premium Statistic Global sales of Nestlé 2023, by product category

      Topic: Global snack food market (29)

      Global sales of Nestlé 2023, by product category

      Nestlé Group's sales worldwide in 2023, by product category (in million CHF)

    • Premium Statistic PepsiCo's net revenue worldwide 2007-2023

      Topic: Global snack food market (30)

      PepsiCo's net revenue worldwide 2007-2023

      PepsiCo's net revenue worldwide from 2007 to 2023 (in billion U.S. dollars)

    • Premium Statistic PepsiCo's distribution of net revenue worldwide 2023, by segment

      Topic: Global snack food market (31)

      PepsiCo's distribution of net revenue worldwide 2023, by segment

      PepsiCo's distribution of net revenue worldwide in 2023, by segment

    • Premium Statistic Mondelez International's net revenue worldwide 2011-2023

      Topic: Global snack food market (32)

      Mondelez International's net revenue worldwide 2011-2023

      Net revenue of Mondelez International worldwide from 2011 to 2023 (in million U.S. dollars)

    • Premium Statistic Mondelez International's net revenue distribution worldwide by sector 2022

      Topic: Global snack food market (33)

      Mondelez International's net revenue distribution worldwide by sector 2022

      Net revenue distribution share of Mondelez International worldwide in 2022, by sector

    Consumer habits

    4
    • Premium Statistic Global: snack food market volume per capita 2019-2029, by segment
    • Premium Statistic Worldwide reasons for snacking in 2020
    • Premium Statistic Commonly experienced emotions while snacking during the pandemic worldwide 2020
    • Premium Statistic Common actions taken to connect with others while snacking worldwide 2020

    Consumer habits

    • Premium Statistic Global: snack food market volume per capita 2019-2029, by segment

      Topic: Global snack food market (34)

      Global: snack food market volume per capita 2019-2029, by segment

      Average volume per capita of the snack food market worldwide from 2019 to 2029, by segment (in kilograms)

    • Premium Statistic Worldwide reasons for snacking in 2020

      Topic: Global snack food market (35)

      Worldwide reasons for snacking in 2020

      Worldwide reasons for snacking in 2020

    • Premium Statistic Commonly experienced emotions while snacking during the pandemic worldwide 2020

      Topic: Global snack food market (36)

      Commonly experienced emotions while snacking during the pandemic worldwide 2020

      Commonly experienced emotions while snacking during the pandemic worldwide in 2020

    • Premium Statistic Common actions taken to connect with others while snacking worldwide 2020

      Topic: Global snack food market (37)

      Common actions taken to connect with others while snacking worldwide 2020

      Common actions taken to connect with others while snacking worldwide in 2020

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    Snack foods in the U.S.
    Snack foods in the UK
    Meat snacks
    Snack foods in Canada
    Snack foods in Japan

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    Topic: Global snack food market (43)

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    Topic: Global snack food market (2024)

    FAQs

    Topic: Global snack food market? ›

    Revenue in the Snack Food market amounts to US$251.10bn in 2024. The market is expected to grow annually by 6.40% (CAGR 2024-2028). In global comparison, most revenue is generated in the United States (US$52bn in 2024). In relation to total population figures, per person revenues of US$32.41 are generated in 2024.

    View More ›
    What is the global market for snack food? ›

    Market Overview

    The global snack food market was size valued at USD 439.22 billion in 2021. It is projected to reach USD 611.75 billion by 2030, growing at a CAGR of 3.75% during the forecast period (2022-2030). A snack is a food serving that is often smaller than a meal and is typically consumed between meals.

    Show Me More ›
    What are the trends in the snack industry? ›

    On the other hand, the main trends of the snack industry are based on: the choice of healthy raw materials (fruits, cereals, nuts, etc.), reducing sodium, sugar and fat and adding nutritional value with vitamins, minerals, antioxidants, etc.

    Find Out More ›
    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.

    Keep Reading ›
    What is the global snack revenue? ›

    Snacks Market Outlook (2023-2033)

    worldwide sales of snacks stand at a revenue of US$ 507.2 billion In 2023 and are projected to reach an approximate market valuation of US$ 835.8 billion by the end of 2033. Over the course of the next ten years, the global snacks market is forecasted to evolve at 5.1% CAGR.

    Get More Info ›
    Who is the target market for snacks? ›

    Young Adult Women and Older Men worldwide, and boys under 16 in Non-BRIC markets, are the key consumer groups driving Snacking and Impulse Food markets worldwide. Two consumer trends are vital to reaching these consumers: Indulgence, and Personal Space and Time.

    Learn More ›
    What are the snack industry trends for 2024? ›

    Pumping up the protein and adding energy boosting ingredients in 2024 will win with Americans. 55% of consumers point to protein as the most important health claim. More than 7 in 10 parents and millennials say they seek snacks to supply energy.

    Explore More ›
    What is the future of snacks? ›

    Sustainable Ingredients and Packaging

    These include chips, nuts, granola bars, and more. The demand for natural and sustainable snacks has increased with the rise of plant-based diets and clean-label preferences. Consumers also prefer less snack food packaging or more sustainable packaging options.

    Keep Reading ›
    What do consumers look for in snacks? ›

    The top attribute consumers look for in a healthy snack is no additives or preservatives, followed by no artificial ingredients. Better-for-you snacks are more likely to be savory snacks versus sweet snacks, and the favorite savory snack is nuts and seeds.

    Know More ›
    How competitive is the snack food industry? ›

    Naturally, the snack food industry is very competitive. With sales expected to reach over 32.6 billion U.S. dollars by 2026, savory snacks represent a significant segment of the market. Potato chips often come to mind when thinking about snacks and are a major part of the snack food market.

    Explore More ›

    What is the most successful snack brand? ›

    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.

    Read On ›
    What is the snack food capital of the world? ›

    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.

    Discover More ›
    What is the number one snack in America? ›

    Rice Krispies Treats Are America's Most Popular Snack

    The study showcased which snacks were most sought after in each given state. Rice Krispies Treats took the lead as the go-to in 18 northern states spanning both coasts, beating the likes of other big-name contenders, such as Lay's and Cheetos.

    Read The Full Story ›
    What country eats the most snacks? ›

    Per-capita volume sales in the snack food market worldwide by country in 2023. From the selected regions, the ranking by average volume per capita in the 'Snack Food' segment of the food market is lead by Bulgaria with 21.04 kilograms and is followed by the United States (20.67 kilograms).

    Get More Info Here ›
    How big is the snack market? ›

    Report Overview. The global snacks market size was estimated at USD 1,483.14 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 2.8% from 2023 to 2030.

    Find Out More ›
    How big is the healthy snack market? ›

    𝐇𝐞𝐚𝐥𝐭𝐡𝐲 𝐒𝐧𝐚𝐜𝐤𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 / 𝐍𝐮𝐦𝐛𝐞𝐫𝐬

    According to Zion Market Research, the global healthy snacks market size was valued at approximately USD 86.01 billion in 2022. It is projected to witness substantial growth and reach a market size of around USD 190.25 billion by 2030.

    Read On ›
    How big is the snack food market? ›

    The global snack food products market size was valued at USD 557.85 billion in 2021. The market is projected to grow from USD 584.58 billion in 2022 to USD 838.60 billion by 2029, exhibiting a CAGR of 5.3% during the forecast period.

    See Details ›
    What is the global market for chips? ›

    The global potato chips market size was evaluated at $35.17 billion in 2023 and is slated to hit $47.22 billion by the end of 2032 with a CAGR of nearly 3.32% between 2024 and 2032.

    Get More Info Here ›
    Who is the largest snack producer in the world? ›

    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.

    Discover More Details ›
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