Rising Demand Propels Growth of Savory Snack Products Market

12 November 2018, The U.S. Savory Snacks Market size is anticipated to reach worth USD 49.37 billion by 2025, registering considerable growth over the forecast period.

The U.S. is the largest consumer of savory snacks across the globe.

Additionally, changing consumer taste preferences towards healthy food are estimated to stoke the growth of the market.Increasing demand for indulgence flavors among consumers is one of the key drivers for te U.S. savory snacks market.

Nevertheless, the processed chips and nuts & seeds segments are projected to post significant CAGRs during the forecast period.Until a few years ago, snacks were considered as break-time food.

Gradually, people in the country have developed habit of eating snacks during movies, shows, short hauls, and work.

Rising income levels and presence of many convenience stores, hypermarkets, supermarkets, and retail shops are tending people towards bulk purchases of savory snacks.

Tortilla Market – OverviewTortillas have gained a lot of demand in the past few years due to increased need for healthy and diverse eating options.

Market Research Future, a firm which specializes in market reports related to Food, Beverages & Nutrition sector among others, recently published a report on this market.

The Global tortilla market is projected to reach USD 48.51 billion by 2023 while expanding at a growth rate of 5.10%.Versatility and a generally pleasing flavor profile of tortillas has been instrumental in creating high demand levels and opening diverse geographical markets for the products.

Gluten-free claim is anticipated to grow at a CAGR of 6.20% followed by low-carb claim over the forecast period while tortilla mix has observed to have a highest growth at a CAGR of 5.65% over the forecast period 2017-2023.

Consumption of tortilla in Europe is also expected to grow swiftly at a CAGR of 5.07% during the given period due to growing health conscious population and growing inclination towards tortillas as a healthy alternative to bread.Global Competitive AnalysisThe industry players in the segment are utilizing their primary resources to initiate a trend of solid, volume-driven growth that has been observed in the market with the development of different varieties of product types.

However, with companies aiming to capture a considerable share of the market segment as early as possible, they implementing and experimenting with various advantage points.Some of the leading players in the global tortilla market are Tyson Foods, Inc. (U.S.), Gruma SAB de CV (Mexico), Grupo Bimbo SAB de CV (Mexico), General Mills, Inc. (U.S.) to name a few.Latest Industry News:Nov 2017 Gruma S.A.B.

Smart snacking is eating between meals in moderation without having to give up on your favourite snacks.

While the world does enjoy that bowl of crisps while working, watching shows, playing games.

Popcorn is loved by everyone that makes it one of the most consumed snacks.

Popcorn comes in sweet and savory flavors.

Custom Popcorn Boxes are an efficient way to increase your sales by customizing every single corner of your packaging according to your desires.

The style of popcorn packaging depends on your taste and customers' preferences.The unique design of Popcorn Packaging BoxesUnique Identity is key to success in the market therefore popcorn is packed in custom-designed popcorn boxes to create an identity that will help the brand to increase its sales.

Your Popcorn Packaging depends upon your choice therefore you can choose their size, style, and design to tempt your audiences.

Red and White Popcorn Boxes and paper popcorn boxes are widely used packaging styles.