Europe Snacks Market is expected to grow with a CAGR of 7.1% in the forecast period of 2022 to 2029. The years considered for the study areas are mentioned below.

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Europe snack market is a highly consolidated market, which includes a specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favorable market scenarios.

The major players dealing in the Europe snacks market are introducing a wide range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.

For instance,

• In November 2020, Mars, Incorporated launched a number of snacks products under the category Mars Wrigley. The snack products includes Combos Cheddar Cheese Bacon. The new product will help the company to expand its cheese based snacks segment an increase its consumer base in this segment.
• In December 2021, McCain Foods announced a partnership with strong roots which is a leading plant-based frozen food company. This partnership will help Strong Roots and McCain Foods to cater the rising consumer demand for healthy and natural food in the global market.

PepsiCo

PepsiCo is headquartered in New York, U.S and was founded in 1965 as public ownership. The company is engaged in the development and manufacturing of essential dairy and plant-based products, snacks, and beverages. It deals in several business segments including beverages, food, and snacks out of which snacks is the focused business segment. The company has presence in Europe, North America, Asia-Pacific, South America, and the Middle East, and Africa. It also has various subsidiaries including Frito-Lay (U.S.), The Gatorade Company (U.S.), SodaStream (U.K.), Sabritas (Mexico), Walkers (U.K.), Quaker Oats Company (U.S.), among others.

Mars, Incorporated

Mars, Incorporated is headquartered in Virginia, U.S and was founded in 1911 as public ownership. The company is engaged in the development and supplying of snacks. The company has several brand categories including 3 musketeers, 5, altoids, american heritage chocolate, amicelli, balisto, wrigley’s bigred, bounty, celebrations, combos, and doublemint out of which combos is the market focused category. It has presence in Europe, North America, Asia-Pacific, South America, and the Middle East and Africa. The company consists of various subsidiaries which are Wrigley Company (U.S.), Royal Canin (France), Banfield Pet Hospital (U.S.), Pedigree Petfoods (U.S.), Pedigree Petfoods (U.S.) among others.

Mondelēz International

Mondelēz International is headquartered in Illinois, U.S and was founded in 2012 as private ownership. The company is engaged in manufacturing of snacks based products. It has several brand categories which are beverages, biscuits and cookies, chocolate, gum and candy, and meals, Out of which biscuits and cookies is the market focused category. The company has presence in Europe, North America, Asia-Pacific, and the Middle East and Africa. The company has subsidiaries which are Cadbury (U.K), Nabisco (U.S), LU (France), Kinh Do Corporation (Vietnam), Freia (Norway), among others.