Projected for swift expansion, the Sri Lanka snacks market is anticipated to grow from USD 522.7 million in 2024 to USD 956.7 million by 2030, with a strong CAGR of 10.6% over the period from 2025 to 2030. In Sri Lanka, the snacks market is benefiting from rising disposable incomes and a growing middle class. As more people embrace urbanization and lead busier lifestyles, demand for convenient snack options is on the rise. Packaged snacks such as chips, biscuits, and nuts are gaining popularity as quick and easy food options. Additionally, health trends are beginning to shape the market, with consumers increasingly looking for snacks that are natural, low in sugar, or fortified with functional ingredients. The growth of social media and digital marketing is also helping to introduce consumers to new snack innovations.
The report delivers an in-depth analysis of the Sri Lanka snacks industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the snacks market.
Market Segmentation
The following outlines the segmentation of the Sri Lanka snacks market:
Product type: confectionery, ice cream and frozen dessert, savoury snacks, snack bars, sweet biscuits
Distribution channel: supermarkets and hypermarkets, grocery stores, bars and HoReCa, e-commerce, others
The Sri Lanka snacks market is categorized by product type and distribution channel. By product type, the market is categorized into confectionery, ice cream and frozen dessert, savoury snacks, snack bars, and sweet biscuits. Distribution channel segmentation comprises supermarkets and hypermarkets, grocery stores, bars and HoReCa, e-commerce, and others.
Competitive Landscape
The market features leading players such as Uswatte Confectionary Works (Pvt) Ltd., Milco Private Limited, Maliban Biscuit Manufacturers Pvt. Ltd., Little Lion Associates (Pvt) Ltd, Kellanova, Edna Group, Ceylon Cold Stores PLC, Ceylon Chocolates Limited, Ceylon Biscuits Limited and Cargills (Ceylon) PLC.
This report delivers an in-depth examination of leading companies in the snacks sector, analyzing their performance from 2020 to 2024. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Sri Lanka snacks market.
Gain in-depth analysis and forecasts for the key segments of the Sri Lanka snacks market: product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Sri Lanka snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Sri Lanka snacks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.
Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Sri Lanka Snacks Market – Product Type Analysis
Sri Lanka Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– Uswatte Confectionary Works (Pvt) Ltd.
– Milco Private Limited
– Maliban Biscuit Manufacturers Pvt. Ltd.
– Little Lion Associates (Pvt) Ltd
– Kellanova
– Edna Group
– Ceylon Cold Stores PLC
– Ceylon Chocolates Limited
– Ceylon Biscuits Limited
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Sri Lanka Snacks Market 2020-2030
Chart Sri Lanka Snacks Market, Net Growth, 2020-2030
Chart Sri Lanka Snacks Market, Growth Rates, 2020-2030
Table Sri Lanka Snacks Market by Product Type, 2020-2030
Chart Sri Lanka Snacks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Sri Lanka Snacks Market by Product Type, 2020-2030
Table Sri Lanka Snacks Market by Distribution Channel, 2020-2030
Chart Sri Lanka Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Sri Lanka Snacks Market by Distribution Channel, 2020-2030
Table Sri Lanka Snacks Market Share (%), by Companies, 2020-2024
Chart Sri Lanka Snacks Market, by Companies, 2024
Table Sri Lanka Snacks Market Share (%), by Brands, 2020-2024
Chart Sri Lanka Snacks Market, by Brands, 2024
Table Sri Lanka – Population (Millions) and Forecast
Table Sri Lanka – Consumer Price Index (CPI) and Forecast
Table Sri Lanka – Gross Domestic Product and Forecast
Table Sri Lanka Snacks Market: Spend as a Proportion of GDP (%)
Table Sri Lanka Snacks Market: Consumption per Capita (Population)
Companies Mentioned
Uswatte Confectionary Works (Pvt) Ltd.
Milco Private Limited
Maliban Biscuit Manufacturers Pvt. Ltd.
Little Lion Associates (Pvt) Ltd
Kellanova
Edna Group
Ceylon Cold Stores PLC
Ceylon Chocolates Limited
Ceylon Biscuits Limited
Cargills (Ceylon) PLC