Global Healthy Snack Market
Global Healthy Snack Market was valued at US$ 82.86 Billion in 2021, estimated to reach US$ 129.29 Billion in 2027, with a CAGR 6.11% from 2022-2027.
Sacks with low sodium, no added sugar, vitamins, nutrients, and a low saturated fat content are called Healthy snacks and these are high in fibre and protein, that helps keep people going throughout the day.
Market Drivers
The rising demand for healthy snacks and the growing popularity of on-the-go snacking and convenience foods are likely to fuel the global Healthy Snacks Market growth throughout the forecast period.
Moreover, a recent shift in consumer behaviour, the demand is fast shifting away toward healthier, sugar-free, and low-calorie snacks packaged in small portions from oily-spicy products.
Another factor to drive the Global Healthy Snack Market growth is the growing development in the supply chain of products.
Market Restraints
The challenges associated with the processing and technology may hamper the growth of Healthy Snacks Market. Furthermore, the high cost of these healthy snacks is also considered as one of the key restraining factors for the market growth.
Additionally, severe unauthorized laws regarding the creation of sound snacks and the substantial expenses related to them will hamper the development of the market.
Market Segmentation
Healthy Snack Market is segmented into major 4 categories. Based on Product, the market is divided into Frozen & Refrigerated, Dried Fruit, Bakery, Cereal and Granola Bars, Meat, Nuts and Seeds, Trail Mix. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Online, Others. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
North America held the largest market share worldwide, as the demand for healthy snacks in the U.S. has increased exponentially. Moreover, the high proliferation rates of supermarkets and hypermarkets, with convenience stores are another key factor that drive the market growth in the region.
Asia Pacific is expected to become the fastest-growing region in the global Healthy Snack market owing to the increasing awareness of goods that are helpful for the stomach and associated with immunity, like prebiotics and probiotics.
Market Key Players
Some of the key players operating in Global Healthy Snack Market are Nestlé, The Kellogg Company, Unilever, Danone, PepsiCo, MondelÄ“z International, Hormel Foods Corporation, Dole Packaged Foods, LLC., Del Monte Foods, Inc., Select Harvests.
Industry development
In September 2019, the prominent player Tyson Foods, Inc launched a new brand of refrigerated snacks with a functional value. This product launch aims to offer consumers natural health benefits of food.
In January 2021, Mondelēz International acquired Hu Master Holdings, the parent company of Hu Products, a fast-growing US-based snacking company offering high-quality snacks made from simple ingredients
In February 2020, B&G Foods, Inc. has acquired Farmwise L.L.C., a Massachusetts.-based maker of frozen veggie fries, veggie tots and veggie rings. Farmwise’s frozen veggie snacks are from cauliflower, navy beans and onions. The products are vegan, non-GMO Project verified and free of major allergens, including gluten, wheat, soy, dairy, tree nuts and peanuts
Global Healthy Snack Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Feedstock Types
3 Executive Summary
4 Global Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Healthy Snack Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Healthy Snack Market Share Analysis, By Product
5.3 Global Healthy Snack Market Size and Forecast, By Product
5.3.1 Frozen & Refrigerated
5.3.2 Dried Fruit
5.3.3 Bakery
5.3.4 Cereal and Granola Bars
5.3.5 Meat
5.3.6 Nuts and Seeds
5.3.7 Trail Mix
6 Global Healthy Snack Market, By Distribution Channel
6.1 Y-o-Y Growth Comparison, By Distribution Channel
6.2 Global Healthy Snack Market Share Analysis, By Distribution Channel
6.3 Global Healthy Snack Market Size and Forecast, By Distribution Channel
6.3.1 Supermarkets & Hypermarkets
6.3.2 Convenience Stores
6.3.3 E-commerce
6.3.4 Others
7 Global Healthy Snack Market, By Region
7.1 Global Healthy Snack Market Share Analysis, By Region
7.2 Global Healthy Snack Market Share Analysis, By Region
7.3 Global Healthy Snack Market Size and Forecast, By Region
8 North America Global Healthy Snack Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Global Healthy Snack Market Share Analysis, By Product
8.3 North America Global Healthy Snack Market Size and Forecast, By Distribution Channel
8.4 North America Global Healthy Snack Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Global Healthy Snack Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Global Healthy Snack Market Share Analysis, By Product
9.3 Europe Global Healthy Snack Market Size and Forecast, By Distribution Channel
9.4 Europe Global Healthy Snack Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Global Healthy Snack Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Global Healthy Snack Market Share Analysis, By Product
10.3 Asia Pacific Global Healthy Snack Market Size and Forecast, By Distribution Channel
10.4 Asia Pacific Global Healthy Snack Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Global Healthy Snack Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Global Healthy Snack Market Share Analysis, By Product
11.3 Latin America Global Healthy Snack Market Size and Forecast, By Distribution Channel
11.4 Latin America Global Healthy Snack Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Global Healthy Snack Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Global Healthy Snack Market Share Analysis, By Product
12.3 Middle East Global Healthy Snack Market Size and Forecast, By Distribution Channel
12.4 Middle East Global Healthy Snack Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Nestlé
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 The Kellogg Company
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Unilever
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Danone
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 PepsiCo
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Mondelēz International
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Hormel Foods Corporation
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Dole Packaged Foods, LLC.
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Del Monte Foods, Inc.
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Select Harvests
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
