It looks like the global business world has lovely scratchings on their radar. “WHAT?” I hear you say.
Well it looks like the dainty hairy salty snack we all love and pray to, is grouped in with Extruded snacks / Tortilla chips & Corn chips as a type of snack.
I think Pringles / Hulahoops / Wotsits / Quavers etc. are classed as extruded snacks but i may be wrong.
Anyway, the global market is on the up (5%), which means we are eating more.
So of you are currently only eating 3 bags per day, this increase equates to a mere 55 extra bags per year, which is just over a bag per week you need to be eating, which we can all cope with. Can’t we?
LONDON–(BUSINESS WIRE)–According to the latest market study released by Technavio, the global processed snacks market is expected to grow at a CAGR of close to 5% during the forecast period.
Global processed snacks market expected to grow at a CAGR of close to 5% during the period 2016-2020.
The report categorizes the global processed snacks market into three major types. They are:
- Extruded snacks
- Tortilla chips/corn chips
- Pork scratchings