Innovation In Savory Snacks - Premiumization Through New Healthy, Natural, Ethical, Gourmet And Ethnic Products

Innovation in Savory Snacks: Premiumization throughthe Middle East & Africa with projections to 2012.
new healthy, natural, ethical, gourmet and ethnicScope of this report
products• Gain an understanding of how legislation and self
In 2009 the global savory snacks market was worthregulation are influencing NPD and learn how
$74.7bn. The market is set to grow in value bymanufacturers are adapting product positionings
$10.8bn to $85.4bn by 2012. Value growth will beaccordingly.
driven by a mix of steady growth in the most• Understand each regional market in terms of
established markets in Western Europe, the US andabsolute size.
Asia Pacific regions and high growth of the emerging• Quantify value growth potential in major regional
markets, in particular South and Middle Americanmarkets and across savory snacks categories.
markets and the Chinese, Indian, Russian and Turkish• Take advantage of a comprehensive review of
markets. ( )global NPD with detailed analysis of innovation in
Three key areas of innovation will drive developmentsavory snack products between 2005 and 2009.
in snack formulations; these are premiumization,Key Market Issues
health and ethics. Innovation will be most significant in• With Governments increasingly concerned about
areas where the trends overlap, and as a result thethe strain of obesity on their nation's health and
‘natural' positioning will significantly increase inwealth high profile awareness campaigns have been
importance.orchestrated to raise awareness of health and diet.
Through analysis and forecasts, this report provides• With the cost of heart disease an increasing
insight into growth opportunities by region andburden on the global economy the World Health
category. Innovation trends are identified through aOrganization now recommends that the most
study of global new product introductions. Legislation,effective way to tackle heart disease is to introduce
self-regulation and social trends impacting the savorypopulation-wide efforts to reduce risk factors
snacks market are highlighted and the importance ofthrough multiple economic and educational policies and
emerging trends assessedprograms.
Key features of this reportKey questions answered
• Overview of legislation and self regulation1. What is the size of the savory snacks market by
impacting on and shaping innovation in the savoryregion and category and what are the forecast
snacks market.growth rates to 2012.
• Identification of key trends shaping the market2. Which emerging markets are projected to see the
as well as an evaluation of trends that are likely tohighest levels of growth to 2012.
shape the market over the next few years.3. How are government regulations and industry self
• Analysis of savory snacks sales values inregulation shaping savory snacks NPD and innovation.
Europe, North America, South America, Asia-Pacific,