The Worldwide Pretzel Market (2020-2024) by Distribution Channel and Region | Featuring Key Vendors - Campbell Soup Co., Collier Creek Holdings, Focus Brands LLC, Herr Foods Inc., and Others

NEW YORK, Feb. 25, 2021 /PRNewswire/ --

The "Pretzel Market by Distribution Channel and Geography - Forecast and Analysis 2020-2024" report has been added to Technavio's offering.

The pretzel market is expected to grow by USD 401.27 million, progressing at a CAGR of about 1% during the forecast period. Get Free Sample Report in MINUTES

The evolving taste preferences is one of the major factors propelling market growth. However, factors such as fluctuations in price of raw material will hamper the market growth.

More details: https://www.technavio.com/report/pretzel-market-industry-analysis

What our reports offer:

• How businesses can stay relevant
• What values are driving customer loyalty
• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Covers market data for 2020, 2021, until 2025
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations

COVID-19 is expected to have Positive and Direct impact on Consumer Staples. Even if the spread of virus is contained, we expect that it may take more than two quarters (six months) to reach a normal state of economic activity. In the short term, the market demand will show Superior growth.

Pretzel Market: Distribution Channel Landscape

The growing demand for pretzels in the foodservice channel and specialty retailers will drive the growth of the offline segment during the forecast period. However, the offline segment will record a slow growth rate than online segment during the forecast period.

Pretzel Market: Geographic Landscape

39% of the market's growth will originate from Europe during the forecast period. The UK is one of the key markets for pretzel market in Europe. Market growth in this region will be slower than the growth of the market in South America. The rising number of consumers leading busy lifestyles is one of the prime factors that will facilitate the pretzel market growth in Europe over the forecast period.

Companies Covered:

• Campbell Soup Co.
• Collier Creek Holdings
• Focus Brands LLC
• Herr Foods Inc.
• Intersnack Group GmbH & Co. KG
• J&J Snack Foods Corp.
• Mondelez International Inc.
• Old Dutch Foods Ltd.
• PepsiCo Inc.
• Pretzels Inc.

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Related Reports on Consumer Staples Include:

Global Specialty Food Ingredients Market: The specialty food ingredients market size will record an incremental growth of USD 27.15 bn and a CAGR of over 6% during 2020-2024. To get extensive research insights: Get FREE Sample Report in Minutes!

Functional Food Ingredients Market by Product and Geography - Forecast and Analysis 2020-2024: The functional food ingredients market size has the potential to grow by USD 27.52 billion during 2020-2024, and the market's growth momentum will accelerate at a CAGR of 6.65%. To get extensive research insights: Get FREE Sample Report in Minutes!

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

• Market ecosystem
• Market characteristics
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Distribution channel

• Market segments
• Comparison by Distribution channel
• Offline - Market size and forecast 2019-2024
• Online - Market size and forecast 2019-2024
• Market opportunity by Distribution channel

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Campbell Soup Co.
• Collier Creek Holdings
• Focus Brands LLC
• Herr Foods Inc.
• Intersnack Group GmbH & Co. KG
• J&J Snack Foods Corp.
• Mondelez International Inc.
• Old Dutch Foods Ltd.
• PepsiCo Inc.
• Pretzels Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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Website: https://www.technavio.com/report/pretzel-market-industry-analysis

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