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Crackers Market is likely to demonstrate a positive CAGR between 2016 & 2023

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The World Health Organization (WHO) states that the worldwide prevalence of obesity has more than doubled itself since 1980. In 2014 the WHO reported that more than 600 million adults aged 18 years and above were obese. The increasing incidence of
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Crackers Market - Global Industry
Analysis, Market Size, Share, Trends,
Analysis, Growth And Forecast 2013 –
2019
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REPORT DESCRIPTION
The World Health Organization (WHO) states that the worldwide prevalence of obesity has more than doubled itself since 1980.
In 2014 the WHO reported that more than 600 million adults aged 18 years and above were obese. The increasing incidence of
obesity and other health disorders spurred by insalubrious diet and lifestyle has become a global concern. Such growing
awareness regarding health and wellness is a key factor giving impetus to the global crackers market.
Usually made of multi-grain and flour, crackers constitute the core of the consumer segment in the food industry that is driven
by health and wellness concerns. These consumers are mostly attracted to snacks processed from healthy ingredients such as
legumes, vegetables, ancient grains, and high protein foods. With leading vendors continuing to launch more variants of healthy
crackers, the market is expected to exhibit substantial growth in the near future. The four most popular categories of crackers
available in the market are flaked soda crackers, graham crackers, cheese crackers, and others. Based on geography, the
market can be segmented into North America, Europe, Asia Pacific, and Rest of the World.
The report studies and presents an executive level blueprint of the global crackers market. The report analyzes the market on
three fronts: application, end user, and industry vertical. Each of these segments are further sub-segmented on which a detailed
analysis is conducted. The report also provides the growth forecasts for these segments.
Overview of the Crackers Market
The global crackers market is likely to demonstrate a positive CAGR between 2016 and 2023. The consumption of crackers has
increased considerably around the world. These healthy snacks are available in different varieties and flavors, which
subsequently has fuelled their popularity in the global market. Since, crackers are made from nutritional ingredients, they are
increasingly preferred over other snacks for household consumption.
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The most prominent names in the restaurant industry have also included crackers as popular snacks in their menu. Served
alongside wine, soups, sea-foods, and salads, the growth prospects for crackers in the next few years seem very impressive.
Despite the crackers market witnessing rapid innovation and the entry of new competitors, comforting and old-fashioned
crackers still dominate the market mainstay. However, inadequate awareness about the presentation and preparation of
crackers and their insignificant shelf presence in retail stores are the key factors limiting the global crackers market. Besides,
awareness pertaining to the usage of crackers is limited to niche markets in developed countries. Nevertheless, shifting lifestyle
preference of middle class population in emerging economies of Asia Pacific such as India and China in the next few years will
boost the growth opportunities for the market.
Companies mentioned in the research report
Demand in the global crackers market is driven by the changing dietary preferences and health considerations of the global
consumers. The profitability of the key players in this market, therefore, is determined in terms of effective marketing,
operational efficiency, and strong sales force. While large companies enjoy an upper hand in purchase, distribution, and
marketing, smaller companies can attain competitiveness by manufacturing high-end and sugar-free crackers. Some of the key
companies in the crackers market profiled in the report are M.Y.San, Nestle, Kellogg's, Mondelez International, Captain's Wafers,
Natures Pear, Bremner Biscuit Company, and Keebler Company.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
•
North America
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Asia Pacific
•
Europe
•
Middle East and Africa
•
Latin America
This report provides comprehensive analysis of
•
Market growth drivers
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Factors limiting market growth
•
Current market trends
•
Market structure
•
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis
and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
•
This report provides pin-point analysis for changing competitive dynamics
•
It provides a forward looking perspective on different factors driving or restraining market growth
•
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
•
It helps in understanding the key product segments and their future
•
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
•
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of
market segments
•
It provides distinctive graphics and exemplified SWOT analysis of major market segments
About Us
Transparency Market Research is a market intelligence company providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision
makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and
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Author
Amy James
Amy James817   documents Email
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Cooking and Food
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Crackers Market Research, Crackers Market Analysis, Crackers Market
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