Savory Snacks in New Zealand, 2020 - Top Growth Opportunities

Savory Snacks in New Zealand, 2020 - Top Growth Opportunities

Summary

Savory Snacks in New Zealand, 2020 - Top Growth Opportunities provides recommended actions and detailed analysis of how to target the best growth opportunities for Savory Snacks producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Savory Snacks markets in New Zealand through GlobalDatas detailed and robust data, expert insight, and case studies.

GlobalDatas Top Growth Opportunity reports use a risk versus reward opportunity model to identify the best growth markets for savory snacks producers. Through this in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target them.

Top Growth Opportunities for Savory Snacks in New Zealand provides an overview of the Savory Snacks market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalDatas proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for Savory Snacks producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscapes.

Get access to -

- Key consumer demographic groups driving consumption within New Zealand market. Improve your consumer targeting by understanding whos driving the market, what they want, and why
- A study of market value and volumes over 2014-2019 for the New Zealand, supplemented with category, brand and packaging analysis that shows the current state of the market, and how it will evolve over the 2019-2024 period
- White space analysis, to pinpoint attractive spaces in the market and the key actions to take
- Insight into the implications behind the data, and analysis of how the consumer needs will evolve in the short-to-medium term future
- Examples of international and regional product innovation targeting key consumer needs

Scope

- Of the top eight high-potential countries, New Zealands savory snacks sector ranked third on the GlobalData Opportunity Score and was valued at US$330 million in 2019
- Of the top eight high-potential countries, New Zealands savory snacks sector ranked second in terms of per capita expenditure in US$ terms in 2019
- New Zealands savory snacks sector is expected to grow at a CAGR of 5% during 2019-2024
- In value terms, New Zealands savory snacks sector was led by the potato chips category in 2019
- Processed snacks is expected to gain the most value share of any category in the sector during 2019-2024
- Hypermarkets & supermarkets was the sectors leading distribution channel in 2019
- Retailers will seek to entice customers with innovative store formats and services

Reasons to Buy

- This report brings together consumer analysis and market data to provide actionable insight into the behavior of New Zealand Savory Snacks consumers.
- This is based on GlobalDatas unique consumer data, developed from extensive consumption surveys and consumer group tracking, which quantifies the influence of 20 consumption motivations in the Savory Snacks sector. Category, brand, and packaging dynamics are also examined.
- This allows product and marketing strategies to be better aligned with the leading trends in the market.
Table of Contents
1. Introducing a top growth market for savory snacks
Top eight global growth opportunities scores
Top global issues
Assessment against global strategic issues
GlobalDatas strategic issues map
Predicted future issues for the global sector
Reward and risk assessment
Opportunity score - overview
Consumer spending trends - peer group comparisons
Political, Economic, Social, and Technological: Analysis
Enablers and inhibitors of growth
Rewards and opportunities for growth
Summary of the sector
2. Market insight - identifying the opportunities to move into
Sector growth by category
Value growth of the sector
Volume growth of the sector
Level of premiumization by category
Category analysis - key drivers of change
3. Retail and distribution insight - key channels and retailers driving growth
Savory snacks retail channel share
Key retail channel trends
Routes to market
Drivers of change in the sector
4. Company and brand insight - the competitive landscape defined
Category fragmentation
Company and brand strength
Private label penetration
Leading trademark owners share of the sector
International and domestic trademark owner analysis
Company and brand strength summary
5. Consumer insight - who, what, when, where, and why
Strategic issues map
Key consumers trends
Key health & wellness trends
Penetration of health & wellness claims by category
Consumer trends summary
6. Product and packaging insights
Key product insights
Trends and strategic issues - other notable product trends
Key product innovation case studies
Key packaging insights
Trends and strategic issues
Product launch key takeouts
7. White spaces and innovation opportunities - space to move into
Growth segments to target
Segment focus - opportunities
Consumer spaces to target

List Of Tables

List of Tables
Visualization of eight countries growth opportunities
Visualization of eight countries growth opportunities (continued)
Reward and risk assessment
Market value and split, 2014-2024
Winners and losers by category, value, 2019-2024
Volume growth by category, 2014-2024
Winners and losers by category, volume, 2019-2024
Savory snacks category fragmentation, 2019
Consumption volume shares by consumer group, 2018

List Of Figures

Map of top-opportunity markets
Map of top global issues
Global issue web
GlobalDatas strategic issues map
Average consumer spend, peer group comparisons, 2014-2024
Market value and split, 2014-2024
Value growth by category, 2014-2019 and 2019-2024
Volume market growth by category, 2014-2019 and 2019-2024
Level of premiumization by category
Savory snack category fragmentation
Private label penetration and CAGR, 2014-2019
Cumulative value share by trademark owner, 2019
How health & wellness will contribute to growth, 2014-2024
Penetration of health & wellness claims by category, 2019
Pack materials volume share, 2019 & 2024
Closure materials volume share, 2019 & 2024
Projected CAGR for top five categories by value, 2019-2024
Companies Mentioned
PepsiCo
Universal Robina
ConAgra Brands Inc
Eskal Foods
Shultz Foods Co
Prolife Foods Ltd
Progressive Enterprises
Davies Foods
Nutritious Foods Ltd
Canterbury Biltong

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