Savoury Snacks

Growth saw a slowdown in savoury snacks in Asia Pacific, with the region hit by Coronavirus (COVID-19) and the measures taken to contain its spread. However, growth will quickly return to more dynamic levels from 2021, with other savoury snacks…

Savoury snacks is expected to see a strong improvement in its performance in retail current value terms in 2023, after sluggish growth in 2022. The main driver behind this turnaround is set to be the recovery of nuts, seeds and trail mixes, which…

Garudafood Group maintains its lead in savoury snacks with its top Garuda brand (in nuts, seeds and trail mixes). The player also offers a diverse product range, with brands Pilus (in puffed snacks), Leo (in salty snacks/ potato chips), and Gery (in…

Savoury snacks is set to see an increase in retail current value terms in 2023, mainly due to price increases for these products. Savoury snacks manufacturers had already implemented price increases in 2022, but the costs of raw materials and energy…

Savoury snacks in South Korea is expected to display a positive growth trajectory in both retail volume and current value terms in 2023, although the growth dynamics vary across different categories. Nuts, seeds and trail mixes, which are positioned…

Thanks to the favourable economic performance and sustained marketing efforts of incumbent players such as Toby Marketing, Leslie Corp, and Universal Robina Corp sales of savoury snacks returned to growth in retail volume terms in 2022. The…

Savoury snacks in Malaysia is grappling with a persistent disruption in the supply of raw materials in 2023. This supply shortage, coupled with price increases, has led to a surge in production costs, particularly impacting potato chips and other…

Unit prices of savoury snacks, in particular salty snacks, have continued to increase in 2023. This is being driven by steep increases in production costs due to escalating palm oil prices after Indonesia’s export ban, and is expected to result in a…

Savoury snacks is also benefitting from consumers’ return to out-of-home, on-the-go lifestyles, along with the revival of tourism. It should also be noted that potato chips, a popular category, was not too badly impacted by the era of the pandemic…

Retail sales of savoury snacks saw continued growth in volume terms in 2023, albeit at a much slower pace than the previous year. Besides inflationary pressures, which caused consumers to become more frugal with their spending, this was due to rising…