Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Snack Food Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Snack Food Industry in 2024 and 2025?
The Snack Food Global Market Report 2025 has shown a significant growth trend over the recent years. The market size rose from $236.68 billion in 2024 to an estimated $248.77 billion in 2025, with a compound annual growth rate (CAGR) of 5.1%.
What Is the Projected Market Size of the Snack Food Market in 2029?
The Snack Food Global Market is projected to reach a market size of $311.69 billion in 2029, with a compound annual growth rate (CAGR) of 5.8%.
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What Are the Key Drivers of Snack Food Market Growth?
The key drivers in the snack food market are:
• Falling crop prices leading to low raw material costs
• Overproduction of certain crops resulting in higher profit margins
• Increased productivity of snack food manufacturing companies due to higher margins
• Anticipated market drive by snack food companies due to these factors
What Are the Primary Segmentation Categories in the Snack Food Market?
The snack foodmarket covered in this report is segmented –
1) By Type: Extruded Snacks, Non-extruded Snacks
2) By Flavor: Salty, Tangy, Spicy, Other Flavors
3) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
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What Are the Major Trends Shaping the Snack Food Market in 2025 and Beyond?
The key trends in the snack food market are:
• The use of robotics and automation technology in snack food manufacturing is a significant emerging trend.
• The implementation of such technologies is aimed at maximizing production efficiency and output.
• Automation is enabling safer working conditions, reduced contamination, and minimal human interaction in snack processing.
• The adoption of collaborative robots or semi-autonomous robots, particularly in packaging, is on the rise.
Who Are the Emerging Players in the Snack Food Market?
Major players in the snack food market are:
• My Super Foods LLC
• Nestlé SA
• PepsiCo Inc.
• Unilever PLC
• Mondelez International Inc.
• The Kraft Heinz Company
• General Mills Inc.
• The Kellogg Company
• Conagra Brands Inc.
• Sprout Foods Inc.
• AMCON Distributing Company Inc.
• Hain Celestial Group Inc.
• Haldiram Snacks Pvt. Ltd.
• McCain Foods Limited
• Utz Quality Food LLC
• Link Snacks Inc.
• Hanover Foods Corporation
• Amy's Kitchen Inc.
• Nurture Me Inc.
• Clif Bar & Company
• Lundberg Family Farms
• Annie's Homegrown Inc.
• Grippo Potato Chip Company Inc.
• Creative Snacks Co. LLC
• Hunter Foods LLC
• Eat Real Snacks LLC
• Heritage Family Specialty Foods Inc.
• YummyEarth Inc.
• Navitas Organics Inc.
Which Regions Are Leading the Growth in the Global Snack Food Market?
Asia-Pacific was the largest region in the snack food market in 2024
