Savory Snacks in China

Press Release   •   Oct 08, 2016 12:04 IST

Market Reports on China presents the report, on “Consumer and Market Insights: Savory Snacks in China”. The report uses a unique method of quantifying consumer trends to highlight the degree of influence they have on consumption within the category.

Consumer and Market Insights: Savory Snacks Market in China provides an overview of the market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. The report highlights innovative new product development that effectively targets the most pertinent consumer need states, and offers strategic recommendations to capitalize on evolving consumer landscapes.

Key Findings
• The Savory Snacks market in China will register higher growth in value terms during 2015-2020 compared to 2010-2015

• China is the third largest Savory Snacks market globally in volume terms

• The Nuts & Seeds category is forecast to gain maximum market share during 2015-2020

• Pre-Mid-Lifers account for the majority of Meat Snacks consumption

Consumer and Market Insights: Savory Snacks Market in China identifies the key demographic groups driving consumption, and what motivates their consumption. When combined with an in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target them. The report uses a unique method of quantifying consumer trends to highlight the degree of influence they have on consumption within the category. The report also identifies the most important trends within the market and shows whether beliefs over what influences consumer behavior within the category are accurate.

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• Key consumer demographic groups driving consumption within the Chinese market. The figures showcase the number of times consumers of specific ages and gender consume Savory Snacks, as well as identifying whether these demographic groups "over" consume in the category (i.e. they account for a higher proportion of occasions than the proportion of society they represent overall)

• A study of market value and volumes over 2010-2020 for China, supplemented with category, brand and packaging analysis that shows the current state of the market, and how it will evolve over the next five years

• The degree of influence that the 20 key consumer trends identified by Canadean have on Savory Snacks consumption volumes, with granular analysis on the extent that degree of influences varies between gender and age group

• Insight into the implications behind the data, and analysis of how the consumer needs will evolve in the short-to-medium term future

• Examples of international and China-specific product innovation targeting key consumer needs

Reasons To Buy
This report brings together consumer analysis and market data to provide actionable insight into the behavior of Chinese Savory Snacks consumers. This is based on Canadean’s unique consumer data, developed from extensive consumption surveys and consumer group tracking, which quantifies the influence of 20 consumption motivations in the Savory Snacks sector. Category, brand, and packaging dynamics are also examined. This allows product and marketing strategies to be better aligned with the leading trends in the market.

Table of Contents

• Report Scope

Country Context
• Macroeconomic indicators - GDP Per Capita, Population, Consumer Price Index and Age Profile
• Retail and foodservice analysis - Key Takeaways

Market Overview, Consumer Demographics and Pricing Analysis
• Value and volume analysis for the Chinese Savory Snacks market
• Impact of exchange rate fluctuations on the Chinese Savory Snacks market
• Volume analysis by category
• Market value and growth rates, by category
• Historic and forecast value analysis by category
• Winners and losers by categories with change in market share
• Segment share in a category (value terms) and change in market share
• Volume consumption analysis by gender, age, education and urbanization - at category level
• Inter-country comparison of Average Unit Price by category
• Top variants and pack size distribution analysis
• Retailer Price Dynamics (includes % difference from average price)

Related Reports:Food and Beverage Market in China

About Author Bio: Sarah Davis is working with MarketReportsonChina which is a portal where you can access thousands of reports on China starting from Aeronautics to Zinc (A-Z). The website provides market reports on different sectors.

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