Report Overview

The Australia savoury snacks market is estimated to be valued at AUD 3.08 Billion in 2023. It is expected to grow at a CAGR of 3.90% between 2024 and 2032 to reach almost AUD 4.35 Billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • According to the ABS, the consumption of snack foods has increased by 10.1% over five years.
  • Nutri V, an Australian upcycling firm partnered with Fresh Select and CSIRO, launched Nutri V goodies, offering higher vegetable content puffed snack.
  • According to the Australian Bureau of Statistics, between 2018-19 and 2022-23, dietary energy from snack foods increased by 28 kilojoules.

Australia Savoury Snacks Market Growth

Compound Annual Growth Rate

Value in AUD Billion

3.9%

2024-2032


Australia Savoury Snacks Market Outlook

*this image is indicative*

Based on the distribution channels, the supermarkets and hypermarkets are driving the Australia savoury snacks market due to their wide variety of product range.

Supermarkets and hypermarkets offer a wide range of products from different brands and manufacturers with competitive prices. They offer extensive choices and options to suit their preferences, dietary needs, and occasions. It is convenient and accessible to individuals as they can purchase savoury snacks along with other groceries and household items. They provide in-store promotions, discounts, and demonstrations to engage consumer's attention.

According to the Department of Agriculture, Fisheries, and Forestry (DAFF) predictions, there would be a 2% rise in poultry meat production worth AUD 3.9 billion by 2024-25, thus stimulating the Australia savoury snacks market growth.

The new flavour and product developments have led to the stimulation of the market’s demand, brands and manufacturers introduce new flavours and products to cater to the diverse and specific needs of consumers, for instance- Nature Valley has introduced new savoury snack options in three flavours — Everything Bagel, White Cheddar and Smoky BBQ.

Australia Savoury Snacks Market Segmentation

Australia Savoury 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

Australia Savoury Snacks Market Share

Potato chips are consumed the most due to their crispy texture, a wide variety of flavours, and widespread availability. Potato chips appeal to a broad audience and are commonly enjoyed as a convenient snack option for various occasions, from casual gatherings to solo indulgences. Their longstanding presence in the market and continuous innovation in flavours contribute to their dominant position in the savoury snacks category.

Leading Companies in the Australia Savoury Snacks Market

The growth of the savoury snacks market is fuelled by increasing production of pork, beef, and meat and new savoury snack options launched.

  • General Mills, Inc.
  • PepsiCo, Inc.
  • Kellogg Company
  • Green’s General Foods Pty Ltd
  • Snack Brands Australia
  • Calbee, Inc.

*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 Australia savoury snacks market was valued at AUD 3.08 Billion in 2023.

The market is projected to grow at a CAGR of 3.90% between 2024 and 2032.

The revenue generated from the market is expected to reach AUD 4.35 Billion in 2032.

Based on the product, the savoury snacks market is bifurcated into potato chips, popcorn, extruded snacks, nuts and seeds, meat snacks, and others.

Key players in the industry are General Mills, Inc., PepsiCo, Inc., Kellogg Company, Green’s General Foods Pty Ltd, Snack Brands Australia, and Calbee, Inc. among others.

The different distribution channels in the savoury snacks market include 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.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final 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
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • 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

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