One of the biggest challenges facing the category in the near future is the rising cost of raw materials and transportation, which is forcing consumer prices up and bringing profit margins under pressure. Meanwhile, labour shortages will contribute to inflationary pressures as manufacturers struggle to fill vacancies in some regions.
Health trends are likely to play a bigger factor in consumers’ purchasing decisions with a greater move away from salty snacks towards healthier variants such as nuts, seeds and trail mixes, rice snacks and vegetable, pulse and bread chips which are all predicted to record dynamic growth. However, products must be able to combine health and pleasure; for some, it is not enough to be healthy and natural, as an appetising and exciting experience is also important.
Global brand owner PepsiCo Inc has a strong presence in savoury snacks through local distributor Matudis- Comércio Produtos Alimentares Lda, which offers its well-known brands Lay’s, Ruffles, Cheetos and Doritos. With a global reputation, the multinational has committed to being more sustainable such as reducing the amount of water it uses in the production of its products in addition to its efforts to address demand for healthier ingredients by reducing the levels of salt, fat and substituting palm oil for sunflower oil.
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Understand the latest market trends and future growth opportunities for the Savoury Snacks industry in Portugal with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Savoury Snacks industry in Portugal, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of chips/crisps, extruded snacks, tortilla/corn chips, popcorn, pretzels, nuts and other sweet and savoury snacksSee All of Our Definitions
This report originates from Passport, our Savoury Snacks research and analysis database.
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