Market Share of Savory Snacks Industry
The Savory Snacks Market is highly competitive, with key players such as General Mills Inc., PepsiCo, Inc., The Kellogs Company, ConAgra Brands Inc., and ITC Limited.
Owing to the rapidly developing nature of the market, launching a new product has become one of the most important strategies to gain a competitive edge. The players in the market have also been adopting expansion as a key strategy, followed by mergers and acquisitions. These strategic moves have proven successful for global players seeking to strengthen their presence in the market. For instance, in November 2021, the Spookies brand of Truda Foods introduced the sweet corn flavor, a savory and sweet snack.
Savory Snacks Market Leaders
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ConAgra Brands Inc.
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General Mills Inc.
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ITC Limited
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The Kelloggs Company
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PepsiCo Inc.
*Disclaimer: Major Players sorted in no particular order