Ready to eat Snacks Market - An insight on the important factors and trends influencing the market by 2023

Ready to eat Snacks Market - An insight on the important factors and trends influencing the market by 2023

  • Submitted By: amyjames
  • Date Submitted: 06/01/2016 1:45 AM
  • Category: Business
  • Words: 852
  • Page: 4

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Ready to eat (RTE) snacks refers to all the varieties frozen and chilled snack products that are prepared in minimal time by
heating it along with water or simply frying it. RTE snacks have become popular in recent times as people have less time to
prepare food at home. Companies have introduced large varieties of RTE snacks that are convenient and come for affordable
prices, thus consumers are shifting from traditional home made snacks to RTE snacks.
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There is a high demand for easy to prepare packaged food by both retail segment and foodservice industry. Thus, RTE snacks
market is expected to grow with a significant single digit CAGR for the period of 2013-2019.
In this report we have segmented the RTE snacks market in four categories on the basis of product type such as potato
specialties, corn specialties, meat specialties and others. Potato specialties include French fries, sweet potato cubes, wedges,
hash browns and croquettes among others. Corn specialties include crispy baby corn, pop-corn and corn nuggets. Meat
specialties consist of chicken nuggets, chicken wings, grilled meat and wraps among others. The market can also be segmented
on the basis of geographies namely North America, Asia Pacific, Europe and Rest of the World.
The key driving factors...

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