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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Australia Savory Snacks Market Outlook

The Australia savory snacks market size reached USD 2.08 billion in 2023. The market is expected to grow at a CAGR of 3.9% between 2024 and 2032, reaching USD 2.95 billion by 2032.

Key Takeaways:

  • The Department of Agriculture, Fisheries, and Forestry (DAFF) predicts a 2% rise in poultry meat production worth $3.9 billion by 2024-25.
  • By March 7, 2024, red meat exports to 57 markets hit 45,752,060 tonnes, as reported by the Department of Agriculture, Fisheries, and Forestry.
  • In 2022, the Australian Nut Industry Council recorded a farm-gate value of $60 million, with exports estimated at $25 million.

In the Australia savory snacks market, popcorn stands out as a guilt-free option due to its low calorie and fat levels while offering fibre and nutrients

Popcorn presents a guilt-free snacking choice due to its low calorie and fat content. Being a whole grain, it supplies fibre for digestive wellness and essential nutrients. Its diverse range of flavours caters to various tastes, and as a gluten-free option, it accommodates those with sensitivities. Its satisfying crunch aids in feeling full of fewer calories, making it a wholesome option, now also available in vegan variations.

In August 2022, KFC Australia introduced "Wicked Popcorn," marking its debut in the plant-based offerings. Crafted from pea protein and seasoned with the well-loved spice blend of Wicked Wings, these meat-free bites can be enjoyed in a box, bowl, or Combo meal alongside fries and a drink. They are served with a fresh vegan lime ranch dip.

Meat snacks are a protein-rich alternative, supporting muscle recovery and providing a lasting feeling of fullness. Their convenient portability makes them a quick source of protein for on-the-go lifestyles. Coming in various flavours and textures, they deliver a rapid energy boost and are packed with essential vitamins and minerals such as iron, zinc, and B vitamins.

Australia Savory Snacks Market

Market Segmentation

Australia Savory Snacks Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

  • Potato Chips
  • Popcorn
  • Extruded Snacks
  • Nuts and Seeds
  • Meat Snacks
  • Others

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

The Australia savory snacks market key players are General Mills, Inc., PepsiCo, Inc., Kellogg Company, Green’s General Foods Pty Ltd, Snack Brands Australia, and Calbee, Inc. among others.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Distribution Channel
  • Region
Breakup by Product
  • Potato Chips
  • Popcorn
  • Extruded Snacks
  • Nuts and Seeds
  • Meat Snacks
  • Others
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • General Mills, Inc.
  • PepsiCo, Inc.
  • Kellogg Company
  • Green’s General Foods Pty Ltd
  • Snack Brands Australia
  • Calbee, Inc.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market was valued at USD 2.08 billion in 2023.

The market is projected to grow at a CAGR of 3.9% between 2024 and 2032.

The revenue generated from the savory snacks market is expected to reach USD 2.95 billion in 2032.

The savory snacks market is categorised according to product, which includes potato chips, popcorn, extruded snacks, nuts and seeds, meat snacks, and others.

The key players are General Mills, Inc., PepsiCo, Inc., Kellogg Company, Green’s General Foods Pty Ltd, Snack Brands Australia, and Calbee, Inc. among others.

Based on the distribution channel, the market is divided into supermarkets and hypermarkets, convenience stores, online and others.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124