Global Healthy Snacks Market Size study & Forecast, by Product (Frozen & Refrigerated, Fruit, Bakery, Savory, Confectionery, Dairy, Others), by Claim (Gluten-Free, Low/No Fat, Low/No Sugar, Others), by Packaging (Bags & Pouches, Boxes, Cans, Jars, Others), by Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online, Others) and Regional Analysis, 2023-2030
Global Healthy Snacks Market is valued at approximately USD 90.62 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.7% over the forecast period 2023-2030. Healthy Snacks market is a market where snacks are something people eat for their small mid-day cravings, moreover these snacks are eaten when people get bored as people are frequently having snack between their schedule these snacks should be healthy for our body so this market is called Healthy snacks market. The Healthy Snacks market is expanding because of factors such as growing awareness of health and wellness and continuous innovation and expanding product diversity. However, the high cost of healthy snacks and rigorous unofficial regulations on this market tends to lower the growth of this market.
There is a growth in peoples’s concern about their lifestyle and health due to which there is significant growth in healthy snacks market. As according to Statista, the health and wellness market size worldwide was estimated at over USD4.3 trillion in 2020, a figure which is set to increase to almost USD 7 trillion by 2025. According to the Institute of Food Technologists and Innova’s Consumer Trends 2023 Report 10% of consumers survey expressed that they want to “feel well” and which has shaped them to seek a healthier lifestyle. Moreover,61% stated that they want healthier living style following a healthy, nutritional diet. Many people working in the corporate sector tend to eat more snacks although unhealthy snacks tend to lead to bad health and an inconsistent working schedule altough the introduction of healthy snacks has made an ease for consumers as they can stay healthy and eat snacks at the same time additionally people in the corporate sector are also shifting to wellness. According to Statista the value of the corporate wellness market worldwide is forecast to grow from U.S.D 54.1 billion in 2021 to over USD 93 billion by 2028 which is an opportunity for this market.
The key regions considered for the Global Healthy Snacks Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 as people in this region were already fond of eating snacks altough the growing popularity of health and wellness had driven them to shift to healthy snacks also the high increasing rates of supermarkets and hypermarkets, along with department stores is another major factor that has made a growth in sales of healthy snacks in the region. Asia Pacific is expected to grow significantly over the forecast period, owing to factors such as a large promotion of food which is good for consumers health.
Major market player included in this report are:
Nestlé
The Kellogg Company
Unilever
Danone
PepsiCo
Made In Nature
LesserEvil Brand Snack Co.
Heavenly Tasty Organics
Beanitos Inc
Peeled Snacks, Inc.
Recent Developments in the Market:
In July 2023, Nestlé launched a flexible and cost-effective sugar reduction technology that can be used across different product categories, with benefits beyond sugar reduction. This introduction of new technology is a great advantage to customers and to Nestle as consumers might switch to this product for sugar reduction.
In Jan 2023, Kellogg Company implemented to address ""hidden hunger,"" or inadequacies in micronutrients, as part of its Better Days Promise environmental, social, and governance (ESG) policy through both natural sources and fortification. Kellogg petitioned the FDA to examine fortification rules for cereals and grain-based bars with Vitamin D, a nutrient of concern among Americans, seeing an opportunity to contribute to public health through food.
Global Healthy Snacks Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, Claim, Packaging, Distribution Channel, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Frozen & Refrigerated
Fruit
Bakery
Savory
Confectionery
Dairy
Others
By Claim:
Gluten-Free
Low/No Fat
Low/No Sugar
Others
By Packaging:
Bags & Pouches
Boxes
Cans
Jars
Others
By Distribution Channel:
Supermarkets & Hypermarkets
Convenience Stores
Online
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies Mentioned
Nestlé
The Kellogg Company
Unilever
Danone
PepsiCo
Made In Nature
LesserEvil Brand Snack Co.
Heavenly Tasty Organics
Beanitos Inc
Peeled Snacks, Inc
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