Global Plant Based Snacks Market Report and Forecast 2024-2032

Global Plant Based Snacks Market Report and Forecast 2024-2032



Global Plant Based Snacks Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global plant based snacks market is projected to grow at a CAGR of 8.7% between 2024 and 2032. Aided by the surge in health-conscious consumers and the exponential growth in vegan and vegetarian populations, the market is expected to grow significantly by 2032.

Plant-based snacks are derived from non-animal sources, including vegetables, fruits, grains, nuts, and seeds. Such products have gained traction due to their nutritional advantages, minimal environmental impact, and alignment with ethical considerations related to animal welfare. Moreover, these snacks cater to an extensive demographic, including those who are lactose intolerant or allergic to dairy products.

The spike in consumer preference for natural and minimally processed foods has significantly bolstered the global plant-based snacks market growth. An amplified understanding of the environmental impacts of meat consumption and the benefits of plant-based diets has led to a robust consumer shift towards plant-derived snacks. Additionally, the growing trend towards clean eating, accompanied by the global health and wellness movement, has enhanced the appeal of plant-based snacks.

One can witness the influence of plant-based snacks across various industries. In the beverage sector, products such as almond, soy, and oat milk have seen a rapid surge in popularity, effectively replacing dairy in many households. Simultaneously, the confectionery industry is experiencing a rise in demand for vegan chocolates, jellies, and other sweets free from animal-derived gelatine.

As per the plant-based snacks market analysis, the evolution in food technology and ingredient innovation has enabled manufacturers to enhance the taste, texture, and nutritional value of plant-based snacks, making them more palatable and nutritionally comparable or even superior to their traditional counterparts. Ingredients like quinoa, chia seeds, and kale, which were previously considered niche, are now mainstream and are often incorporated into snack products due to their high nutrient density.

However, the real catalyst behind the augmentation of the plant-based snacks market demand is the progressive consumer mindset. Increasingly, consumers are viewing their food choices as a reflection of their personal values, encompassing health, environment, and ethics. As such, plant-based snacks are not merely a dietary preference; they symbolise a conscious decision to participate in a more sustainable and humane food system.

Market Segmentation

The market can be divided based on nature, flavour, product type, packaging type, distribution channel, and region.

Market Breakup by Nature
  • Organic
  • Conventional
Market Breakup by Flavour
  • Savoury
  • Sweet
Market Breakup by Product Type
  • Meat Alternative Snacks
  • Grain-Based Snacks
  • Fruit and Nut Snacks
  • Plant-Based Snack Bars
  • Others
Market Breakup by Packaging Type
  • Pouches
  • Wrappers
  • Bags
  • Tins
  • Others
Market Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online
  • Others
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global plant based snacks market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Maple Leaf Foods Inc.
  • General Mills Inc.
  • Unilever Plc
  • Primal Spirit Foods, Inc.
  • Wyandot, Inc.
  • Brad's Plant Based, LLC
  • SunOpta Grains and Foods, Inc.
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Plant Based Snacks Market Analysis
8.1 Key Industry Highlights
8.2 Global Plant Based Snacks Historical Market (2018-2023)
8.3 Global Plant Based Snacks Market Forecast (2024-2032)
8.4 Global Plant Based Snacks Market by Nature
8.4.1 Organic
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Conventional
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Plant Based Snacks Market by Flavour
8.5.1 Savoury
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Sweet
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Plant Based Snacks Market by Product Type
8.6.1 Meat Alternative Snacks
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Grain-Based Snacks
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Fruit and Nut Snacks
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Plant-Based Snack Bars
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Plant Based Snacks Market by Packaging Type
8.7.1 Pouches
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Wrappers
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Bags
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Tins
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Others
8.8 Global Plant Based Snacks Market by Distributional Channel
8.8.1 Supermarkets and Hypermarkets
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Convenience Stores
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Specialty Stores
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Online
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Others
8.9 Global Plant Based Snacks Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Plant Based Snacks Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Plant Based Snacks Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific PlantBased Snacks Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Plant Based Snacks Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and AfricaPlant Based Snacks Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Maple Leaf Foods Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 General Mills Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Unilever Plc
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Primal Spirit Foods, Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Wyandot, Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Brad's Plant Based, LLC
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 SunOpta Grains and Foods, Inc.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Plant Based Snacks Market: Key Industry Highlights, 2018 and 2032
2. Global Plant Based Snacks Historical Market: Breakup by Nature (USD Billion), 2018-2023
3. Global Plant Based Snacks Market Forecast: Breakup by Nature (USD Billion), 2024-2032
4. Global Plant Based Snacks Historical Market: Breakup by Flavour (USD Billion), 2018-2023
5. Global Plant Based Snacks Market Forecast: Breakup by Flavour (USD Billion), 2024-2032
6. Global Plant Based Snacks Historical Market: Breakup by Product Type (USD Billion), 2018-2023
7. Global Plant Based Snacks Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
8. Global Plant Based Snacks Historical Market: Breakup by Packaging Type (USD Billion), 2018-2023
9. Global Plant Based Snacks Market Forecast: Breakup by Packaging Type (USD Billion), 2024-2032
10. Global Plant Based Snacks Historical Market: Breakup by Distributional Channel (USD Billion), 2018-2023
11. Global Plant Based Snacks Market Forecast: Breakup by Distributional Channel (USD Billion), 2024-2032
12. Global Plant Based Snacks Historical Market: Breakup by Region (USD Billion), 2018-2023
13. Global Plant Based Snacks Market Forecast: Breakup by Region (USD Billion), 2024-2032
14. North America Plant Based Snacks Historical Market: Breakup by Country (USD Billion), 2018-2023
15. North America Plant Based Snacks Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Europe Plant Based Snacks Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Europe Plant Based Snacks Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Asia Pacific Plant Based Snacks Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Asia Pacific Plant Based Snacks Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Latin America Plant Based Snacks Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Latin America Plant Based Snacks Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Middle East and Africa Plant Based Snacks Historical Market: Breakup by Country (USD Billion), 2018-2023
23. Middle East and Africa Plant Based Snacks Market Forecast: Breakup by Country (USD Billion), 2024-2032
24. Global Plant Based Snacks Market Structure

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