The
global ready to eat snacks market is driven by a rise in the number
of working women and hectic lifestyles of people, states a new report
by Transparency Market Research (TMR). The report is titled, ‘Ready
to eat Snacks Market - Global Forecast, Market Share, Trends, Size,
Growth and Industry Analysis 2016 - 2023.’ The report gives a
comprehensive analysis of the market’s historical and present
figures, which is further used to derive
reliable insights into the market’s future. It also discusses key
segments of the global ready
to eat snacks industry in detail.
Download
Free exclusive Sample of this
report:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=10925
The
report sketches out the competitive landscape, including the market
share of top vendors, their business and financial overview, key
strategies adopted by them, and information regarding their recent
developments. Information regarding the degree of competition, threat
of substitutes, threat of new entrants, and bargaining power of
supplier and buyers has been given.
The
global demand for ready
to eat (RTE) snacks including frozen and chilled food products, is
growing significantly owing to the minimal time required for heating
them or frying them before eating. Ready to eat snacks are expected
to become popular in the coming years owing to the less time
available with people to prepare food at home. Additionally, the
availability of a large variety of snacks are attracting consumers,
thus boosting sales of RTE snacks.
As
an increasing number of players in the market are concentrating on
manufacturing new varieties of RTE snacks at affordable costs, the
market is growing at a significant pace. RTE snacks offers
convenience and an appealing alternative from traditional snacks,
which is particularly driving their sales among the younger
population base. Thus, there is a high demand for ready to eat snacks
from the food service and retail segment. Moreover, a growth in quick
service restaurants and the number of distribution channels worldwide
is also encouraging the market to grow.
The
global
RTE snacks market is segmented on the basis of product and
geography. By product, the market is segmented into corn specialties,
potato specialties, and meat specialties. The potato specialties
segment is further categorized into sweet potato cubes, French fries,
wedges, croquettes, and hash browns. Similarly, the corn specialties
segment is further categorized into crispy baby corn, corn nuggets,
and pop-corn. Meat specialties comprise chicken wings, chicken
nuggets, grilled meat, and wraps. On the basis of geography, the
global ready to eat snacks market is segmented into Europe, North
America, Asia Pacific, and the Rest of the World.
Key manufacturers operating in the global ready to eat snacks market are McCain Foods Limited, ConAgra Foods, Inc., Tyson Foods, Himalya International Limited, and Blaine Larsen Farms, Inc.
No comments:
Post a Comment