Top Growth Opportunities: Savory Snacks in the UK
November 2017
120
About the Report
About the Report
Top Growth Opportunities: Savory Snacks in the UK
Summary
"Top Growth Opportunities: Savory Snacks in the UK", provides an overview of the bakery and cereals market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData's proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for dairy and soy food producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscapes.
The UK ranks second amongst the top 10 countries in terms of per capita expenditure (in USD terms). The per capita expenditure on Savory Snacks products in USD terms grew at a CAGR of 1.9% in the last five years and is expected to grow at a CAGR of 4.7% during 2016-2021.
Scope
The per capita expenditure on savory snacks products is growing and is supported by rising disposable income in the country.
The increase of time-scarce consumers as a result of long working hours has changed the need for traditional meal concept to easy and quick meals on-the-go among the UK consumers.
Moreover, with changing lifestyles due to busy lives, consumers are not only opting for easy food options but also looking for authentic and natural snack options with health & wellness attributes, which offers good growth opportunities in terms of per capita expenditure in the Savory Snacks market.
Reasons to buy
Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market.
Identify the areas of growth and opportunities, which will aid effective marketing planning.
The differing growth rates in regional product sales drive fundamental shifts in the market.
This report provides detailed, authoritative data on these changes-prime intelligence for marketers.
Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.
Products
Companies
Walkers
Pepsico
KP
Intersnack
Kelloggs
Tesco
Sainsburys
Iceland
Marks and Spencer
Asda
Morrisons
Booker
The Co-Operative
Aldi
B&M Stores
Home Bargains
Table of Contents
Table of Contents
Table of Contents
1. Introducing a top growth market for savory snacks
Top 10 global growth opportunities scores
Top global issues
Assessment against global strategic issues
GlobalData's strategic issues map
Predicted future issues for the global sector
Reward and risk assessment
Opportunity score-overview
Consumer spending trends-peer group comparisons
Political, economic, social, and technological analysis
Enablers and inhibitors of growth
Rewards and opportunities for growth
Summary of the market
2. Market insight-identifying the opportunities to move into
Market growth by category
Value growth of the market
volume growth of the market
Level of premiumization by category
Category analysis-key drivers of change
3. Retail and distribution insight-key channels and retailers driving growth
Savory snacks retail channel share
key retail channel trends
Routes to market
Drivers of change in the sector
4. Company and brand insight-the competitive landscape defined
Category fragmentation
Company and brand strength
Private label penetration
Brand share by leading supplier
International and domestic brand analysis
Company and brand strength summary
5. Consumer insight-who, what, when, where, and why
Strategic issues map
Key consumer driver implications
Key consumers trends
consumer groups
Key health & wellness trends
Penetration of health and wellness claims by category
Consumer trends summary
6. Product and packaging insights
key product insights
Trends and strategic issues-other notable product trends
Key product innovation case studies
Key packaging insights
Trends and strategic issues
Product launch key takeouts
7. White spaces and innovation opportunities-space to move into
Growth segments to target
Consumer spaces to target
Segment opportunities
Price dynamics
Key recommendations
8. Appendix and Definitions
List of Figure
List of Figures
Map of top opportunity markets
Map of top global issues
Global issue web
GlobalData's strategic issues map
Average consumer spend, peer group comparisons
Market value and split
Value growth by category, 2016 and 2016
Value market growth by category
Winners and losers by category, volume, 2016
Value and volume growth by category
Fragmentation by category
Private label penetration and CAGR
Cumulative value share by brand
Penetration of health and wellness claims by category
Packaging materials volume share, 2016 & 2023
Packaging closure materials volume share, 2016 & 2023
Projected CAGR for top five categories by value, 2016-2023
Price change by category
List of Table
List of Tables
Visualization of 10 countries growth opportunities
Visualization of 10 countries growth opportunities (continued)
Reward and risk assessment
Market value and split
Winners and losers by category, value, 2016-
Winners and losers by category, volume, 2016-
Key consumption volume shares by consumer group
Key consumption motivators by category
Key consumption motivators by category, 2016 (continued)
Consumer spaces to target when entering UK savory snacks
Top categories by volume and CAGR
Average price change by brand
Why Buy From US?
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.