US Demand for Salty Snacks to Reach $28.3 Billion in 2022
CLEVELAND, March 13, 2018 /PRNewswire/ — US demand for salty snacks at the manufacturer level is forecast to reach $28.3 billion in 2022, according to Salty Snacks: United States, a report recently released by Freedonia Focus Reports. Population growth and increasing disposable income levels will drive sales. Consumers will continue to crave salty snacks as an indulgence, while marketers will develop more healthier-for-you products for the growing segment of people who desire them.
More information about the report is available at https://www.freedoniafocusreports.com/Salty-Snacks-United-States-FF10028/
Demand for corn chips in the US is expected to grow the fastest among the discrete segments. Sales will be driven by the desire for innovative product offerings, as manufacturers adapt to consumer preferences through new, often healthier, product additions.
These and other key insights are featured in Salty Snacks: United States. This report forecasts to 2022 US salty snack demand and shipments in nominal US dollars at the manufacturer level. Total demand and shipments are segmented by product in terms of:
- potato chips
- corn chips
- other salty snacks
To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2007 to 2017. Total retail sales are provided in annual series from 2012 to 2017.
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Consumer Goods reports can be purchased at Freedonia Focus Reports or MarketResearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
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SOURCE The Freedonia Group