The latest report by IMARC Group, titled “Pretzel Market Report by Content (Salted Pretzels, Unsalted Pretzels), Type (Hard, Soft), Packaging Type (Bags, Boxes, Containers, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialist Retailers, Online Retailers, and Others), and Region 2024-2032,” offers a comprehensive analysis of the pretzel market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global pretzel market size reached USD 7.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 10.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3% during 2024-2032.
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Pretzel Market Trends:
The global market is primarily driven by the increasing consumer preference for convenient and ready-to-eat snacks. Moreover, the growing inclination towards healthier snack options, with manufacturers offering whole-grain and gluten-free variants, is further propelling market growth. Additionally, the rising popularity of pretzels as a versatile snack, suitable for both casual and formal settings, has broadened its appeal. The market benefits from the expanding distribution networks, particularly through online retail platforms, which have made pretzels more accessible to a global consumer base.
Furthermore, product innovation, such as the introduction of flavored and coated pretzels, continues to attract new consumer segments. Besides, the increasing penetration of pretzels in emerging economies, where Western eating habits are being adopted, has opened new growth opportunities. The rising awareness of sustainable and organic food production also supports the market, as consumers are seeking more eco-friendly snack options. Collaborations between snack companies and food service providers have expanded the market presence of pretzels in restaurants and cafes, enhancing their visibility.
Pretzel Market Scope and Growth Analysis:
The market scope is broadening due to the increasing popularity of premium and artisanal pretzels, which has introduced new opportunities in the high-end snack category. Additionally, the rising trend of health-conscious eating has led to the development of pretzels with reduced sodium, fat, and sugar content, expanding the market’s reach to health-focused consumers. Furthermore, the shift towards vegan and allergen-free diets has prompted manufacturers to create options catering to these preferences, thereby broadening the market scope.
Another significant factor is the global expansion of fast-food chains, many of which are incorporating pretzels into their menus, increasing their global visibility. Besides, advancements in packaging technologies, enhancing the shelf life of pretzels, are propelling their distribution in international markets. The market is also supported by growing investments in branding and marketing strategies, particularly through social media, which help in targeting younger demographics.
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Pretzel Market Segmentation:
Content Insights:
Salted Pretzels
Unsalted Pretzels
According to the report, salted pretzels accounted for the largest market share.
Type Insights:
Hard
Soft
According to the report, hard accounted for the largest market share.
Packaging Type Insights:
Bags
Boxes
Containers
Others
According to the report, bags accounted for the largest market share.
Distribution Channel Insights:
Supermarkets and Hypermarkets
Convenience Stores
Specialist Retailers
Online Retailers
Others
According to the report, supermarkets and hypermarkets accounted for the largest market share.
Regional Insights:
North America (USA, Canada)
Europe (Germany, France, UK, Italy, Spain, Russia, others)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
Middle East/Africa
Latin America (Brazil, Mexico, others)
Top Pretzel Market Leaders:
Johnson Auntie Anne's
Boulder Brands
Conagra Brands Inc.
Frito-Lay North America, Inc
Herr Foods
Intersnack Group GmbH & Co. KG
J&J Snacks Foods Corporation
Mars
Incorporated
Pretzel
Old Dutch Foods
Philly Pretzel Factory
Pretzels Inc.
About US:
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IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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