Global Snack Foods Packaging and Processing Market Assessment 2018: Consumer Trends, E-Commerce Trends and Industry Forecasts by Snack Type - ResearchAndMarkets.com
Aug. 21, 2018
DUBLIN--(BUSINESS WIRE)--Aug 21, 2018--The "2018 Snack Foods Packaging and Processing Market Assessment and Trends" report has been added to ResearchAndMarkets.com's offering.
This research study provides an assessment of the 2018 Snack Foods market as it pertains to the packaging and processing industry, with detailed information on consumer trends, E-commerce trends and industry forecasts by snack type.
In North America the largest segments are: cakes, confections, salted snacks, processed snacks, nuts & seeds. Nuts and seeds are the fastest growing sub-segment globally, with 9.5% growth.
Meat snacks - jerky and protein packs - fastest growing sub-segment in North America, with 9% growth. Healthy snacks and combination snacks are driving the growth of the North America market and are forecasted to continue on a fast growth trajectory.
The top consumer trends include snacks advertised as:Better-for-you; Single-Serve; Re-sealable; Contain a variety of flavours; Contain a combination of snacks.
Contract manufacturer activity is growing at greater rate than brand owner activityIncreased outsourcing of production from large snack food companies as well as new and smaller companies jumping on the Healthy Snack bandwagon Co-packing is contract-based and therefore more volatile. Co-packers need various types of equipment to satisfy their customers' various needs.
Perception among many CPGs is that robotic technology is still too expensive, especially:Robotics pick-and-place filling capability Robotically-equipped case packers (high-precision case loading)
Lack of packaging sustainability not yet an obstacle to purchase for consumer, but brand owners & retailers are pushing to improve their imageWill not be important in the next 2-3 years, may be more relevant in 5-10 years Packaging machines like cartoners struggling to run packages that contain post-consumer materials.
Key Topics Covered:
1.0 EXECUTIVE SUMMARYSnack Food Market Overview Snack Food Segmentation Industry Trends CPG Demands Machinery Impact & Investment
2.0 SNACK FOOD MARKET OVERVIEWGlobal and North American Markets Savory Snack Food Market Sweet Snack Food Market
3.0 SNACK FOOD MARKET TRENDSConsumer Trends Retail Trends Better For You - Healthy Snacks Flexible Packaging Explosion of SKUs E-Commerce Shelf-Ready Packaging & Retail Secondary Packaging Trends Sub Segment Specific Trends Sustainability Global vs North America Trends GPG Industry Trends & Challenges Regulations Contract Manufacturing Outlook Robotics
4.0 GPG UNMET NEEDSGPG Unmet Needs Impact on Packaging & Processing Equipment Innovation Perspective FFS Machinery
5.0 CONCLUSIONSInvestment in Machinery
For more information about this report visit https://www.researchandmarkets.com/research/llpfhq/global_snack?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180821005477/en/
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INDUSTRY KEYWORD: MANUFACTURING PACKAGING RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
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PUB: 08/21/2018 11:03 AM/DISC: 08/21/2018 11:03 AM