With accelerating growth dynamics, the Ghana savory snacks sector is anticipated to expand by USD 46.9 million, exhibiting a robust CAGR of 12.8% during the period from 2024 to 2029. Ghana’s savory snacks market is benefiting from the country’s urbanization and rising disposable incomes. As consumers in urban areas adopt snacking as part of their daily routines, demand for packaged snacks like chips, nuts, and extruded snacks is increasing. There is also a noticeable shift towards healthier alternatives, with baked chips and snacks containing natural ingredients gaining popularity. The expansion of modern retail channels and the growing availability of international snack brands are diversifying the market, providing consumers with more choices in terms of flavor and product quality.
The report provides a comprehensive analysis of the Ghana savory snacks industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, packaging material and distribution channel. The insights gained from this evaluation help reveal the growth potential within the savory snacks sector.
Market Segmentation
The segmentation of the Ghana savory snacks market is outlined below:
Product type: nuts and seeds, potato chips, puffed snacks, savoury biscuits and crackers
Packaging material: flexible packaging, paper and board, rigid plastics, others
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, grocery stores, general merchant stores, others
The Ghana savory snacks market is categorized by product type, packaging material and distribution channel. The categorization of the market by product type includes nuts and seeds, potato chips, puffed snacks, and savoury biscuits and crackers. Packaging material segments cover flexible packaging, paper and board, rigid plastics, and others. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, grocery stores, general merchant stores, and others.
Competitive Landscape
Major participants in the savory snacks market comprise United Biscuits (UK) Limited, Parle Products Pvt. Ltd., Nutrifoods Ghana Limited and Kellanova. This report presents an extensive analysis of major entities in the savory snacks market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Ghana savory snacks market.
Gain in-depth analysis and forecasts for the key segments of the Ghana savory snacks market: product type, packaging material and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Ghana savory snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Ghana savory snacks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Ghana Savory Snacks Market – Product Type Analysis
Ghana Savory Snacks Market – Packaging Material Analysis
Ghana Savory Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– United Biscuits (UK) Limited
– Parle Products Pvt. Ltd.
– Nutrifoods Ghana Limited
– Kellanova
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Ghana Savory Snacks Market 2019-2029
Chart Ghana Savory Snacks Market, Net Growth, 2019-2029
Chart Ghana Savory Snacks Market, Growth Rates, 2019-2029
Table Ghana Savory Snacks Market by Product Type, 2019-2029
Chart Ghana Savory Snacks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Ghana Savory Snacks Market by Product Type, 2019-2029
Table Ghana Savory Snacks Market by Packaging Material, 2019-2029
Chart Ghana Savory Snacks Market by Packaging Material, CAGR Historic and Forecast, 2019-2029
Chart Ghana Savory Snacks Market by Packaging Material, 2019-2029
Table Ghana Savory Snacks Market by Distribution Channel, 2019-2029
Chart Ghana Savory Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Ghana Savory Snacks Market by Distribution Channel, 2019-2029
Table Ghana Savory Snacks Market Share (%), by Companies, 2019-2023
Chart Ghana Savory Snacks Market, by Companies, 2023
Table Ghana Savory Snacks Market Share (%), by Brands, 2019-2023
Chart Ghana Savory Snacks Market, by Brands, 2023
Table Ghana – Population (Millions) and Forecast
Table Ghana – Consumer Price Index (CPI) and Forecast
Table Ghana – Gross Domestic Product and Forecast
Table Ghana Savory Snacks Market: Spend as a Proportion of GDP (%)
Table Ghana Savory Snacks Market: Consumption per Capita (Population)
Companies Mentioned
United Biscuits (UK) Limited
Parle Products Pvt. Ltd.
Nutrifoods Ghana Limited
Kellanova