Asia Pacific Snacks Market Size & Outlook, 2025-2030
Related Markets
Asia Pacific snacks market highlights
- The Asia Pacific snacks market generated a revenue of USD 287,095.5 million in 2024.
- The market is expected to grow at a CAGR of 4.8% from 2025 to 2030.
- In terms of segment, savory was the largest revenue generating product in 2024.
- Frozen & Refrigerated is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 287,095.5 million |
| Market revenue in 2030 | USD 378,387.7 million |
| Growth rate | 4.8% (CAGR from 2025 to 2030) |
| Largest segment | Savory |
| Fastest growing segment | Frozen & Refrigerated |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Frozen & Refrigerated, Fruit, Bakery, Savory, Confectionery, Dairy, Other Product |
| Key market players worldwide | General Mills Inc, PepsiCo Inc, The Kraft Heinz Co, Nestle SA, Unilever PLC, CALBEE Inc, Intersnack Group, Conagra Brands Inc, ITC Ltd DR, Grupo Bimbo SAB de CV ADR, Danone SA |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 39.9% of the global snacks market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 378,387.7 million by 2030.
Savory was the largest segment with a revenue share of 35.31% in 2024. Horizon Databook has segmented the Asia Pacific snacks market based on frozen & refrigerated, fruit, bakery, savory, confectionery, dairy, other product covering the revenue growth of each sub-segment from 2018 to 2030.
China, India and Japan were the major markets in terms of consumer spending on convenience foods and out of home meals owing to the rising consumer expectations on quality food and wide product offerings. The rising demand for snacks in this region is attributable to the busy lifestyles of consumers and the presence of ageing population.
Retail sales data of Asia Pacific shows that consumers are cutting back on certain foods that are high in fats and sodium and are gradually turning towards the healthier options. This development has been forcing manufacturers of snack products to innovate their product offerings by including healthy ingredients.
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Snacks Market Scope
Snacks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Intersnack Group | View profile | 101-250 | Düsseldorf, Nordrhein-Westfalen, Germany, Europe | https://www.intersnack.de/standard/home/index.html |
| Grupo Bimbo SAB de CV ADR | View profile | 148868 | Prolongacion Paseo, De la Reforma No 1000, Col. Pena Blanca Santa Fe, Mexico, MEX, Mexico, 01210 | http://www.grupobimbo.com |
| The Kraft Heinz Co | View profile | 36000 | One PPG Place, Pittsburgh, PA, United States, 15222 | https://www.kraftheinzcompany.com |
| Conagra Brands Inc | View profile | 18600 | 222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, United States, 60654 | https://www.conagrabrands.com |
| CALBEE Inc | View profile | 8492 | 1-8-3 Marunouchi, Chiyoda-ku, 22nd Floor, Marunouchi Trust Tower Main, Tokyo, Japan, 100-0005 | http://www.calbee.co.jp |
| General Mills Inc | View profile | 34000 | Number One General Mills Boulevard, Minneapolis, MN, United States, 55426 | https://www.generalmills.com |
| Unilever PLC | View profile | 128377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | https://www.unilever.com |
| ITC Ltd DR | View profile | 23725 | 37 Jawaharlal Nehru Road, Virginia House, Kolkata, WB, India, 700 071 | https://www.itcportal.com |
| PepsiCo Inc | View profile | 318000 | 700 Anderson Hill Road, Purchase, NY, United States, 10577 | https://www.pepsico.com |
| Danone SA | View profile | 88843 | 17, Boulevard Haussmann, Paris, France, 75009 | https://www.danone.com |
| Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
Asia Pacific snacks market size, by country, 2018-2030 (US$M)
Asia Pacific Snacks Market Outlook Share, 2024 & 2030 (US$M)
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