Forecasts highlight a favorable growth outlook for the Sri Lanka savory snacks market, with a projected increase of USD 40.0 million and a compound annual growth rate (CAGR) close to 9.4% through 2029. Sri Lanka’s savory snacks market is expanding, driven by rising disposable incomes and changing consumer habits, particularly in urban areas. Consumers are increasingly seeking convenient, affordable snack options, with potato chips, extruded snacks, and peanuts being popular choices. Additionally, traditional Sri Lankan savory snacks, such as crunchy fried rice crackers, continue to play an important role, offering a unique blend of local and global snack preferences in the market.
The report offers a comprehensive evaluation of the Sri Lanka savory snacks market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, packaging material and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the savory snacks industry.
Market Segmentation
The Sri Lanka savory snacks market is classified into the following segments:
Product type: corn and tortilla chips, nuts and seeds, popcorn, potato chips, puffed snacks, savoury biscuits and crackers, others
Packaging material: flexible packaging, paper and board, rigid plastics, others
Distribution channel: supermarkets and hypermarkets, grocery stores, e-commerce, others
The Sri Lanka savory snacks market is segmented by product type, packaging material and distribution channel. By product type, the market features corn and tortilla chips, nuts and seeds, popcorn, potato chips, puffed snacks, savoury biscuits and crackers, and others. Packaging material segments comprise flexible packaging, paper and board, rigid plastics, and others. Distribution channel segmentation comprises supermarkets and hypermarkets, grocery stores, e-commerce, and others.
Competitive Landscape
Key players dominating the savory snacks market include Uswatte Confectionary Works (Pvt) Ltd., Maliban Biscuit Manufacturers Pvt. Ltd., Kellanova and Ceylon Biscuits Limited. This analysis offers a comprehensive overview of the main players in the savory snacks market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Sri Lanka savory snacks market.
Gain in-depth analysis and forecasts for the key segments of the Sri Lanka 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 Sri Lanka savory snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Sri Lanka 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
Sri Lanka Savory Snacks Market – Product Type Analysis
Sri Lanka Savory Snacks Market – Packaging Material Analysis
Sri Lanka Savory Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– Uswatte Confectionary Works (Pvt) Ltd.
– Maliban Biscuit Manufacturers Pvt. Ltd.
– Kellanova
– Ceylon Biscuits Limited
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Sri Lanka Savory Snacks Market 2019-2029
Chart Sri Lanka Savory Snacks Market, Net Growth, 2019-2029
Chart Sri Lanka Savory Snacks Market, Growth Rates, 2019-2029
Table Sri Lanka Savory Snacks Market by Product Type, 2019-2029
Chart Sri Lanka Savory Snacks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Savory Snacks Market by Product Type, 2019-2029
Table Sri Lanka Savory Snacks Market by Packaging Material, 2019-2029
Chart Sri Lanka Savory Snacks Market by Packaging Material, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Savory Snacks Market by Packaging Material, 2019-2029
Table Sri Lanka Savory Snacks Market by Distribution Channel, 2019-2029
Chart Sri Lanka Savory Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Savory Snacks Market by Distribution Channel, 2019-2029
Table Sri Lanka Savory Snacks Market Share (%), by Companies, 2019-2023
Chart Sri Lanka Savory Snacks Market, by Companies, 2023
Table Sri Lanka Savory Snacks Market Share (%), by Brands, 2019-2023
Chart Sri Lanka Savory Snacks Market, by Brands, 2023
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 Savory Snacks Market: Spend as a Proportion of GDP (%)
Table Sri Lanka Savory Snacks Market: Consumption per Capita (Population)
Companies Mentioned
Uswatte Confectionary Works (Pvt) Ltd.
Maliban Biscuit Manufacturers Pvt. Ltd.
Kellanova
Ceylon Biscuits Limited