Savory Snacks Market Size, Share, Growth Analysis, By Type(Potato Chips, Corn & Tortilla Chips, Others), By Flavour(Barbeque, Spice, Salty, Plain/Unflavored), By Distribution Channel(Hypermarkets & Supermarkets, Online, Others), By Region - Industry Forecast 2024-2031

Global Savory Snacks Market size was valued at USD 250.5 billion in 2019 and is poised to grow from USD 262.77 billion in 2023 to USD 404.17 billion by 2031, growing at a CAGR of 4.9% in the forecast period (2024-2031).

Savory snacks include foods like potato chips, tacos, savoury biscuits, and other baked snacks that contain salts. They fall under the category of convenience foods because they are time-saving.

Due to their growing appetite for snacks, millennials are anticipated to contribute to the industry's growth during the projection period. Consumers' growing knowledge of the health advantages of salty snack intake is a key trend that has a big impact on the expansion of the global savoury snack market. Low in calories and gluten-free, savoury snacks are suitable for those with diabetes and obesity. Because consumers are concerned about the food they eat, they choose to spend money on sugar-free, healthful food products. The food and beverage sector is striving to stop diabetes by developing sugar-free goods because it has become a global threat. Additionally, it is projected that the availability of a variety of tastes and rising consumer disposable income in the Asia Pacific will propel the global savoury snacks market forward during the forecast period. In addition, it is anticipated that the growing demand for potato chips would expand the global savory snacks market in the next years.

US Savory Snacks Market is poised to grow at a sustainable CAGR for the next forecast year.