Published on 14 Mar 2024 on Insider Monkey via Yahoo Finance

20 Biggest Snack Companies in the World

In this piece, we will look at 20 Biggest Snack Companies in the World. If you want to skip our analysis on the global snack food market, you can go directly to 5 Biggest Snack Companies in the World.

So, the snack food market is on the up and up. It's expected to go from $236.91 billion in 2023 to $252.36 billion in 2024, with a growth rate of 6.5%. And looking ahead, by 2028, it's predicted to hit $317.43 billion, growing at a rate of 5.9%. Snack time just keeps getting bigger and better. The snack game is getting more exciting with new flavors and shapes popping up, and more people are reaching for those healthier low-calorie options. It's all about snacking smart and enjoying every bite! Nestlé rocked the snack market in 2023 with sales hitting around $103.9 billion. So, after Nestlé in the snack and bakery realm, we've got PepsiCo strutting their stuff, earning $86.4 billion in the same year. With Frito-Lay under their wing, they're the big shots in the U.S. snack market, dishing out all those yummy chips and snacks. According to YouGov, M&M’s is ranked as the most popular snack item in the U.S. as of 2023.

Chips and Crackers are found to be the most unhealthy snacks eaten in the U.S. Potato chips might hit the spot when you're craving something crunchy, but they're not exactly a nutritional powerhouse. And crackers, well, they might not keep those hunger pangs at bay for long. They're low on fiber, high in sodium, and they won't give you that energy boost you need to power through the afternoon. So, while they might be tasty, don't expect them to keep you feeling satisfied and energized for long!