With more Americans fueling their diets with snacks and forgoing traditional meals, the global savory snacks market is projected to reach more than $138 billion by 2020, with a CAGR of 7.9 percent.
While this trend has certainly taken hold in the states, researchers at consumer insight firm Canadean say the anticipated growth is largely expected to come from developing countries in the Asia-Pacific and Eastern European regions, with CAGRs of 13.7 percent and 7.3 percent, respectively.