Snack Food - Malaysia | Statista Market Forecast

Revenue in the Snack Food segment amounts to US$3.40bn in 2023. The market is expected to grow annually by 8.11% (CAGR 2023-2027).
In global comparison, most revenue is generated in the United States (US$108.50bn in 2023).
In relation to total population figures, per person revenues of US$101.10 are generated in 2023.
In the Snack Food segment, volume is expected to amount to 661.00m kg by 2027. The Snack Food segment is expected to show a volume growth of 7.0% in 2024.
The average volume per person in the Snack Food segment is expected to amount to 16.05kg in 2023.

Definition:

The Snack Food segment covers food products that are typically eaten in between meals or as a quick bite. These meals are frequently created to be portable, simple to prepare, and easy to consume. Snack foods can be either salty or sweet. This segment is divided into three subsegments: cookies and crackers, potato chips, tortilla chips, flips, and pretzels.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

For more information on the displayed data, click the info button on the right side of each box.

in-scope

Potato chips
Extruded and expanded snacks (e.g. Cheetos, Wotsits)
Cookies and crackers
Pretzels

out-of-scope

Dried fruit snacks
Nuts

Download PDF FAQs and more info on the methodology