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Category: Business and Industry
Date Submitted: 08/10/2016 03:18 AM
Technavio Announces the Publication of its Research Report Global Processed Snacks Market 2016-2020
Technavio recognizes the following companies as the key players in the global processed snacks market:
Calbee Foods, Intersnack Group, Kellogg, PepsiCo
Other Prominent Vendors in the market are:
Arca Continental, Amica Chips, Aperitivos Flaper, AUEVSS, Axium Foods, Bag Snacks, JFC International, Mondelez International, Oberto Sausage, Universal Robina, and Want Want Holdings.
Commenting on the report, an analyst from Technavios team said: Consumers are conscious of their snacking habits and are adopting healthy snacking to fuel their metabolism rate. Healthy snacking is considered as a complement to their weight-loss plan and a convenient way to satisfy hunger while getting the vitamins and nutrients.
Browse full report with TOC@ https://marketreportscenter.com/reports/344094/global-processed-snacks-market-2016-2020
According to the report, increased demand for convenience in food preparation among consumers has changed the entire scenario of the food and beverage sector. Today's hectic lifestyles and the need for leisure have further increased the demand for convenience food products which has led to the growth of the global processed snacks market.
Further, the report states that a major challenge for vendors is the rising costs incurred in the procurement of high-quality ingredients. Vendors in the global processed snacks market differentiate their products on the basis of content, price, and different varieties and flavors. They are finding it difficult to maintain a balance between price and quality owing to the increase in prices of raw materials such as potato, nuts, seeds, and corn.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key...