Global Snack Food Industry Trends
The snack food industry sector consists of establishments primarily engaged in the manufacturing of salted snacks such as potato chips, corn chips, tortilla chips, popped popcorn, pretzels and similar snacks and salted and roasted nuts and seeds. The snack food industry sector also includes consumer-ready packaged chocolate and non-chocolate candies, cookies and crackers, unpopped popcorn and meat snacks. The world snack food market has continued to grow reaching an estimated $66 billion in 2003. The United States continues to be the largest market, accounting for about a third of the world's total and Japan and the United Kingdom, together, and another quarter of the world's total.