Market Focus: Trends and
Developments in the Savory Snacks Sector in Philippines
Summary
This report
brings together consumer insight and market data to provide a comprehensive
brief of the Philippines' Savory Snacks sector. This allows for the rapid
identification of key growth opportunities across major Savory Snacks
categories and their packaging.
Key Findings
- The Savory Snacks market in the
Philippines is forecast to register moderate growth during 2013-2018,
providing opportunities for manufacturers to innovate and introduce new
products in the market.
- Meat Snacks is the
fastest-growing category although the overall market is driven by the
Processed Snacks and Nuts and Seeds categories.
- Increasing income levels,
urbanization, and busy lives of Filipino consumers have led to the growth
of Savory Snacks.
- Hypermarkets and Supermarkets
continue to be the preferred distribution channel for Savory products,
followed by Convenience Stores.
- Traditional Snacks and Snacks
with innovative ingredients and flavors will drive the demand for Savory
Snacks in the Philippines.
Synopsis
The growing
economy and a large young population in the Philippines provide significant
growth opportunities to manufacturers of Savory Snacks. While increasing
urbanization and the rising disposable income of the middle class is driving
growth of the Savory Snacks sector in the urban centres in the country, low
penetration in the rural areas is holding down the overall growth rate.
Processed Snacks is the leading category by value, followed by Nuts and Seeds.
In the consumer demand side, Quality and Fun and Enjoyment are the leading
motivational factors influencing Savory Snacks consumption.
Complete Report at http://marketreportsstore.com/market-focus-trends-and-developments-in-the-savory-snacks-sector-in-the-philippines/ .
Market Focus: Trends and
Developments in the Savory Snacks Sector in Turkey
Summary
This report
brings together consumer insight and market data to provide a comprehensive
brief of the Turkish Savory Snacks sector. This allows for the rapid
identification of key growth opportunities across major Savory Snacks
categories and their packaging.
Key Findings
- Offering new product experiences
that add value to the product can be a key marketing strategy.
- Marketers are innovating with
flavor and the use of new ingredients to offer a new experience.
- Private label penetration is
expected to increase with growth of the organized retail market in Turkey.
- Developing organized retail in
Turkey supports the growth of branded products in the Savory Snacks
market.
- Rising consumption of Processed
Snacks, Nuts and Seeds, and Potato Chips will drive changes in packaging
demand by 2018.
Synopsis
A large young
population base and rising disposable income is driving consumption of Savory
Snacks in Turkey. Health and Wellness concerns are also influencing consumption
patterns in the country. Turkish consumers are highly price conscious and
exhibit low brand loyalty, resulting in greater penetration of store brands,
also driven by the growth of organized retail in the country.
Complete report available at http://marketreportsstore.com/market-focus-trends-and-developments-in-the-savory-snacks-sector-in-turkey/ .
Market Focus: Trends and
Developments in the Savory Snacks Sector in South Africa
Summary
This report
brings together consumer insight and market data to provide a comprehensive
brief of the South African Savory Snacks sector. This allows for the rapid identification
of key growth opportunities across major Savory Snacks categories and their
packaging.
Key Findings
- High number of young consumers,
rapid urbanization and increasing disposable income provide scope for the
growth in the Savory Snacks sector.
- Fun and Enjoyment and Indulgence
are the two most influential trends in the Savory Snacks market.
- Hypermarkets and Supermarkets are
the most frequented retail outlets for the purchase of Savory Snacks in
South Africa.
- Introduction of new flavors and
product innovation facilitates continued growth of Potato Chips.
- Processed Snacks and Nuts and
Seeds to witness increased market share during 2008-2018.
- Scope exists for the introduction
of Savory Snacks that promote good health and products that suit the
changing consumer lifestyle.
Synopsis
The increasing
disposable income of South African consumers, growing rate of urbanization, and
a large young population base has led to greater consumption of Savory Snacks.
The market is led by Potato Chips and Processed Snacks, which are high value
categories and the growth is expected to be highest in the Processed Snacks
category.
Complete report available at http://marketreportsstore.com/market-focus-trends-and-developments-in-the-savory-snacks-sector-in-south-africa/ .
For more reports on Food & beverages Click Here
Contact sales@marketreportsstore.com /
Call +1 888 391 5441 for further information on “Trends and Developments in the
Savory Snacks Sector in Philippines, Turkey & South africa”
report OR for any other market research and intelligence needs you may have for
your business.
