Cleveland, OH, March 1, 2018 — US snack food demand is forecast to total $93.2 billion in 2022, according to Snack Foods: United States, a report recently released by Freedonia Focus Reports. Increasing population as well as rising disposable personal income levels will drive gains over the forecast period.
Demand for chocolate confections is projected to remain the largest of any segment through 2022. Continued consumer interest in premium chocolate products will drive growth. Demand for nuts and seeds is expected to grow the fastest of all segments through 2022, as consumers become increasingly health-conscious.
These and other key insights are featured in Snack Foods: United States. This report forecasts US snack food demand and shipments in nominal US dollars at the manufacturer level to 2022. Total demand and shipments are segmented by product in terms of:
- chocolate confections
- corn chips and other salty snacks
- non-chocolate confections
- potato chips
- nuts and seeds
- dried produce
- chewing gum
To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2007 to 2017.
More information about the report is available at https://www.freedoniafocusreports.com/Snack-Foods-United-States-FF10025/.