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What's driving the Healthy Snacks Market Growth? PepsiCo Foods, Nestlé S.A., General Mills, The Kellogg Company, Herbalife Ltd., Nutrisystem Inc. and others.

03-29-2019 10:48 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Healthy Snacks Market size 2018-2026

Healthy Snacks Market size 2018-2026

The Report “Healthy Snacks Market [By Product Type (Dried Fruit Snacks, Meat Snacks, Cereal and Granola Bars, Nuts and Seeds Snacks, Others); By Distribution Channel (Offline, Online); By Regions]: Market size & Forecast, 2017 – 2026” The global healthy snacks market is expected to grow from USD 25,231 million in 2017 to USD 40,699 million by 2026-growing at a CAGR of 5.6%. In 2017, the cereal and granola bars segment dominated the global market, in terms of revenue. In 2017, Europe accounted for the majority share in the global healthy snacks market.

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Major Key Players:

1. PepsiCo Foods
2. Nestlé S.A.
3. General Mills
4. The Kellogg Company
5. The Kraft Heinz Company
6. Herbalife Ltd.
7. Nutrisystem Inc.
8. Mondelez International, Inc.
9. Hormel Foods Corporation
10. Tyson Foods, Inc.
11. Calbee Inc.
12. B&G Food Inc.

The rapid increase in the obesity rate of the global population majorly drives the growth of healthy snacks market. Growing concerns regarding healthy eating habits and increasing disposable income in developing regions support the market growth. The consumers are increasingly consuming snacks with a high content of fiber, calcium, protein, whole grains, vitamins, and minerals. There has been an increasing demand of snack products, which enable consumers to maintain weight, provide nutritional requirements, and align with their health goals. Major factors for increased demand include an additional source of protein and other nutrients. However, the high costs of healthy snacks limit the growth of the market. New emerging markets, emerging consumer demographics, and sale through online channels would provide growth opportunities for healthy snacks market in the coming years.

For more details on this report visit @ https://www.polarismarketresearch.com/industry-analysis/healthy-snacks-market

Increasing incidences of health disorders related to obesity have resulted in increased awareness regarding healthy eating habits. The growing digitization and access of information has further increased consumer awareness. Health and fitness consciousness is also increasing in countries such as China and India due to improving lifestyle and changing food habits. Consumers are tracking their nutritional intake, and consuming healthy snacks, thereby supporting market growth. Leading players in the market are also taking initiatives to increase awareness among consumers through health subscription and other marketing campaigns

Asia-pacific is expected to grow at the highest CAGR during the forecast period. A significant rise in the obese population has been registered over the past few years in Australia, China and Japan among others. The obese and geriatric population is increasing in this region, increasing the demand of healthy snacks in the region. The sedentary lifestyle coupled with hectic work schedules is encouraging consumers to adopt healthy snacking options to meet their nutritional requirements. Increasing awareness regarding the health benefits of healthy snacks and rising disposable incomes in developing countries of this region augment the market growth in the region. Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.

The various types of healthy snacks include dried fruit snacks, meat snacks, cereal and granola bars, nuts and seeds snacks, and others. The cereal and granola bars segment is expected to lead the market during the forecast period owing to increasing demand of on-the-go nutritious snacks. Additional features such as better taste and increased filling capacity further encourage its consumptions. These bars provide instant energy, thereby increasing its demand among sportsmen.

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Key Segments:

by Product Type

• Key Findings
• Dried Fruit Snacks
• Meat Snacks
• Cereal and Granola Bars
• Nuts and Seeds Snacks
• Others

by Distribution Channel

• Key Findings
• Offline
• Online

by Region

• North America [U.S., Canada, Mexico]
• Europe [Germany, UK, France, Italy]
• Asia-Pacific [China, India, Japan, Rest of Asia-Pacific]
• Latin America [ Brazil, Mexico]
• Middle East and Africa

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About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

Contact us

Mr. Rohit
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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