Packaged Pretzels Market Size & Growth
The Packaged Pretzels Market is projected to grow at a moderate CAGR percentage of 3 during the 2020-2026 year as per the recent data given of GME. The rapid changes in lifestyle, busy schedule and changing taste of the population has created a huge dependency on convenient snacks such as pretzel. Moreover, the leading producers are launching a wide variety of different flavours of pretzels thus covering a larger volume of population. Increasing health-conscious customers have led the focus of the manufacturers towards developing natural products having less cholesterol, trans-fat, and gluten-free with essential vitamins and minerals in the market thus uplifting the demand of the market at a global scale. The launch of innovative packaging solutions brings freshness, extended shelf life with resealable lids.
However, the outbreak of COVID-19
has resulted in creating a huge burden on the supermarkets and hypermarkets, food
suppliers, and convenience stores. This led toa sudden hike in the global
pretzels market value in 2020. Also, the sudden lockdown imposed by the
government has rapidly accelerated the transition of e-commerce.
Browse 158 Market Data
Tables and 119 Figures spread through 196 Pages on "Global Packaged Pretzels Market - Forecasts to
2026" https://www.globalmarketestimates.com/market-report/global-packaged-pretzels-market-2477
By Shapes (Twists, Sticks, Minis, and Others); By Category (Conventional, and Gluten-Free); By Distribution Channel (Store-Based [Supermarkets & Hypermarkets, Convenience Stores, Others], and Non-Store-Based); By Region (North America, Europe, Asia Pacific, MEA, and CSA), Company Market Share & Competitor Analysis
Key Market Insights:
· The Global Packaged Pretzels Market is expected grow with a CAGR value of 3.2% during 2020-2026
· Twists' shape segment has witnessed the largest market share of the pretzels in recent times and is projected to show a steady growth rate in the coming years
· The increasing number of celiac disease cases around the globe has triggered the gluten-free pretzels market and estimated to come out as the largest market shareholder in the coming years.
·
The store-based segment is accounted to show
the largest distributor channel share as supermarkets and hypermarkets have
shown the maximum sales of packaged pretzels in recent past years.
· Asia-Pacific has shown moderate growth due to vendors' introduction of the healthier variant of pretzels in different flavours and shapes.
Key global players in the Global Packaged Pretzels Market include: Snyder's-Lance, Inc., Pretzels,
Inc., Nestle S.A., Mars, Incorporated, J&J SNACK FOODS CORP, Herr Foods Inc.,
PepsiCo, Auntie Anne's, Inc., and Conagra Brands, Inc. among others.
Browse the Global Packaged Pretzels Market Report @: https://www.globalmarketestimates.com/market-report/global-packaged-pretzels-market-2477
· Shapes Type Outlook (Revenue, USD Billion, 2020 - 2026)
· Twists
· Sticks
· Minis
· Others
· Category Outlook (Revenue, USD Billion, 2020 - 2026)
· Gluten-Free
· Conventional
· Distribution ChannelOutlook (Revenue, USD Billion, 2020 - 2026)
· Store-Based
· Supermarkets & Hypermarkets
· Convenience Stores
· Others
· Non-Store-Based
· Regional Outlook (Revenue, USD Billion, 2020 - 2026)
· North America
· U.S.
· Canada
· Mexico
· Europe
· Germany
· UK
· France
· Spain
· Italy
· Rest of Europe
· Asia Pacific
· China
· India
· Japan
· South Korea
· Australia
· Rest of APAC
· Central & South America
· Brazil
· Argentina
· Chile
· Rest of CSA
· Middle East & Africa
· Saudi Arabia
· South Africa
· UAE
· Rest of ME
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