U.S. Snack Food Market. Analysis And Forecast to 2030
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSnack Food Prices in the United States
U.S. Snack Food Export Price per Ton in August 2022
In August 2022, the snack food price per ton amounted to $4.5K (FOB, US), remaining relatively unchanged against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 4.3% month-to-month. Over the period under review, the average export prices hit record highs at $4.6K per ton in May 2022; however, from June 2022 to August 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Qatar ($5.4K per ton), while the average price for exports to South Korea ($2.9K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Snack Food Export Prices by Type
U.S. Snack Food Exports
In August 2022, after two months of growth, there was decline in overseas shipments of snack food, when their volume decreased by -1.7% to 13K tons. The total export volume increased at an average monthly rate of +5.6% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in March 2022 when exports increased by 33% month-to-month. As a result, the exports reached the peak of 14K tons. From April 2022 to August 2022, the growth of the exports remained at a lower figure.
In value terms, snack food exports reduced modestly to $60M (IndexBox estimates) in August 2022. The total export value increased at an average monthly rate of +6.2% from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in March 2022 with an increase of 31% against the previous month.
U.S. Snack Food Exports by Type
From January 2022 to August 2022, the average monthly growth rate of the volume of export of No country was relatively modest.
From January 2022 to August 2022, the average monthly rate of growth in terms of the export volume of No country was relatively modest.
U.S. Snack Food Exports by Country
Canada (4.6K tons) was the main destination for snack food exports from the United States, accounting for a 34% share of total exports. Moreover, snack food exports to Canada exceeded the volume sent to the second major destination, Mexico (1.9K tons), twofold. The Philippines (996 tons) ranked third in terms of total exports with a 7.4% share.
From January 2022 to August 2022, the average monthly growth rate of volume to Canada amounted to +6.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (+3.2% per month) and the Philippines (+15.3% per month).
In value terms, Canada ($22M) remains the key foreign market for snack food exports from the United States, comprising 36% of total exports. The second position in the ranking was held by Mexico ($6.1M), with a 10% share of total exports. It was followed by the Philippines, with an 8.3% share.
From January 2022 to August 2022, the average monthly growth rate of value to Canada totaled +7.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (+2.1% per month) and the Philippines (+17.8% per month).
This report provides an in-depth analysis of the snack food market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 311919 - Other snack food manufacturing
Companies mentioned:
- Pepsico
- Frito-Lay North America
- Utz Quality Foods
- Herr Foods Incorporated
- Boulder Brands
- Golden Flake Snack Foods
- Barrel O' Fun Snack Foods
- Kettle Foods, Snak-King
- Old Dutch Foods
- Inventure Foods
- S-L Snacks Real Estate
- Wise Foods
- Old Frito-Lay
- Wyandot
- Kln Enterprises
- Pretzels
- Rudolph Foods Company
- J & J Snack Foods Corp. of California
- Rudy's Food Products
- Ideal Snacks Corporation
- Shearer's Foods
- Brookstone Holdings
- Savor Street Foods
- Snack Alliance
- Medallion Foods
- Golden Enterprises
- National Pretzel Company
- Snack Alliance
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
1300
This report provides an in-depth analysis of the snack food market in the U.S..
1131
This report provides an in-depth analysis of the fat and oil market in the U.S..
1074
This report provides an in-depth analysis of the market for flavoring syrup and concentrate in the U.S..
949
This report provides an in-depth analysis of the market for flour and other grain mill product in the U.S..
1041
This report provides an in-depth analysis of the fluid milk market in the U.S..
1387
This report provides an in-depth analysis of the market for frozen cake and pastry in the U.S..
1298
This report provides an in-depth analysis of the market for frozen fruit, juice, and vegetable in the U.S..
1155
This report provides an in-depth analysis of the frozen specialty food market in the U.S..
1088
This report provides an in-depth analysis of the market for mayonnaise and prepared sauce in the U.S..
738
This report provides an in-depth analysis of the market for meat processed from carcasses in the U.S..
182
In May 2023, the imports of Snack Food saw the highest growth rate, with a 19% increase compared to the previous month. The value of snack food imports reached $85M in October 2023.
368
In June 2023, the price of snack food remained stable at $4,442 per ton (CIF, US), maintaining its level from the previous month.
141
In February 2023, the price of snack food rose to $4,417 per ton (CIF, US), an increase of 2.6% compared to the previous month.
507
Looking for profitable business ideas in the snack food market? Check out our list of 7 winning ideas, backed by key statistics and trends.
220
In terms of value, exports of Fat And Oil significantly decreased to $50M in June 2023.
283
Fat and oil exports saw a drop in value in February 2023, to the tune of $56 million.
658
The revenue of the fat and oil market in the U.S. amounted to $10.6B in 2018, falling by -10.6% against the previous...
1837
The fat and oil market increased by X% to X million USD in 2015.
814
The revenue of the flavoring syrup and concentrate market in the U.S. amounted to $12B in 2018, rising by 5.5%...
1290
From 2008 to 2015, the U.S. flour market showed mixed dynamics. A significant increase in 2011 was followed by a gradual decline over the next five years. According to our estimates, the U.S. flour market dropped to X m
