On the back of ongoing modernization, subsequent busy schedules, and chaotic professional lives of the general population, the traditional way of having three meals a day has been subsiding. Hectic lifestyles has made people incline towards preferring snacks such as tortilla chips, pretzels, popcorn, and plantain chips. Snacking has become a prominent part of the food culture across Americas. Additionally, increasing population and rising disposal incomes are some of the other drivers that are opening up avenues for the South America sweet and salty snacks market, as per the recent business publication by IndustryARC. The report has evaluated the South America sweet and salty snacks market size at $28 billion as of 2018. Furthermore, the market potential is expected to grow at a CAGR of 4.10% during the forecast period of 2019 to 2025.
The report is titled “South America Sweet and Salty Snacks Market: By Type (Chips, Extruded Snacks, Nuts, Pretzels, Popcorn, Traditional snacks); By Distribution Channel (Supermarkets/Hypermarkets, Convenience stores, Specialty food stores, Online) – Forecast (2019-2025).” It gives a comprehensive study and presentation of the key aspects of the market including market drivers, market value chain, restraints, growth indicators, market trends, challenges, future outlook, and market insights.
South America Sweet and Salty Snacks Market Report Link:https://industryarc.com/PressRelease/1222/South-America-Sweet-and-Salty-Snacks-Market-Research-Analysis.html
On the other hand, the South America sweet and salty snack market used to be filled with chips, plantain chips, and popcorns etc. Snacking pattern and increase in intake of sugar sweetened beverages (SSBs) has heavily impacted the health of the people like cardiovascular diseases, Type II diabetes, and Obesity. Players aspiring greater market share are overcoming this by developing healthier products that fall under governmental guidelines.
South America Sweet and Salty Snacks Market Disruptive Trends:
Popped snacks are emerging as one of the most preferred choice of snacks due to its low-calories, high proteins, and low-fat ingredients. Popped snacks are heated under high pressure until they pop without any further necessity of frying and backing, hence giving a sense of healthier snack option.
Organic sweet and salty snacks is another new trend that is disrupting the market, pertaining to the health benefits associated with it. They have more beneficial nutrients and fewer pesticides. Dried vegetable snacks mixed with herbs and spices have become a popular snack amongst the millennial population.
South America Sweet and Salty Snacks Market: Competitive Landscape
The key players in South America sweet and salty snacks market with major share are Pepsi Co., Importadora Cafe Do Brasil S.A, Kellogg Company, Kraft Foods, Kari Kari Alimento, Grupo Arcor, Samai Snacks, Banks DIH Ltd, Industrias Agricola S.R.L, and Productos Ramos SA.
Talk to one of our sales representative about the full report by providing your details in the link below: