Topic: Global snack food market (2024)

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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

      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 2023

    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 2023

      Topic: Global snack food market (33)

      Mondelez International's net revenue distribution worldwide by sector 2023

      Net revenue distribution share of Mondelez International worldwide in 2023, 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 (2024)

    FAQs

    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.

    See Details
    What is the market research for snacks? ›

    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.

    View Details
    How much is the healthy snack market worth? ›

    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.

    Keep Reading
    How do you market snack foods? ›

    How to Use Marketing Plan for Snack Food
    1. Define your target audience. Start by clearly identifying your target audience for your snack food product. ...
    2. Set clear marketing objectives. ...
    3. Develop a comprehensive marketing strategy. ...
    4. Implement and track your marketing efforts.

    Get More Info
    How big is the global food market? ›

    Revenue in the Food market amounts to US$9.13tn in 2024. The market is expected to grow annually by 6.58% (CAGR 2024-2028). The market's largest segment is the segment Meat with a market volume of US$1.46tn in 2024.

    View Details
    What is the global fast food market trend? ›

    The global fast-food market size was valued at USD 595.93 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% from 2022 to 2029.

    Tell Me More
    What is the richest snack 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.

    Learn More Now
    How big is the snack market in the US? ›

    Revenue in the Snack Food market amounts to US$51.63bn in 2024. The market is expected to grow annually by 3.29% (CAGR 2024-2028).

    Find Out More
    What is the projection for the snack market? ›

    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.

    View Details
    Why are snack foods popular? ›

    When workers do have time to eat, their meals are often smaller because people are on the road or trying to seal a deal at their desk. Snacking can also be seen as a way to avoid hunger, as people will often reach for that bag of chips or a candy bar when they are hungry and on the go.

    Learn More Now

    What is snack food product? ›

    Snacks come in a variety of forms including fresh ingredients and packaged and processed foods. Some of the common snack products include tortilla chips, corn chips, potato chips, extruded products (direct expansion and pellets), pork rinds, pretzels, popcorn, nuts, and seeds.

    Explore More
    How do you market food? ›

    10 Highly Effective Food Marketing Strategies
    1. Brand Positioning. It's essential for food and beverage marketing to have clear brand positioning. ...
    2. Product Packaging. ...
    3. Revamping Your Brand Image. ...
    4. Email Marketing. ...
    5. Social Media Marketing. ...
    6. Blogging. ...
    7. Setting Up Your Google Maps Profile. ...
    8. Partnering with Other Brands.
    More items...

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    How big is the snack food industry in the US? ›

    The market size, measured by revenue, of the Snack Food Production industry was $50.7bn in 2023. What was the growth rate of the Snack Food Production industry in the US in 2023? The market size of the Snack Food Production industry declined -4.2% in 2023.

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    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.

    Learn More Now
    How much is the snack food industry worth? ›

    KEY MARKET INSIGHTS

    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.

    Learn More
    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.

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