Press release
Organic Snack Food Manufacturing Market 2020-2030 Trends With Top Key Vendors Sprout, My Super Foods, Clif Bar & Company, Annies Homegrown Inc, NurturMe, Navitas Organics | Covid 19 Growth And Change
The Business Research Company offers "Organic Snack Food Manufacturing Market Global Report 2020-30: Covid 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global organic snack food manufacturing market is expected to grow from $10.59 billion in 2019 and to $10.92 billion in 2020 at a growth rate of 3.16%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach $16.03 billion in 2023 at CAGR of 13.63%.
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The organic snack food manufacturing market consists of sales of non-GMO nutritional food items and related services. Organic snack foods are manufactured using organically certified ingredients that do not contain genetically modified organisms (GMOs) and artificial additives. Organic snack food contains healthy nutrients and ingredients such as minerals, proteins, and vitamins. For example, nutritious and gluten-free items which include tortilla chips, corn chips, potato chips, chocolates, raisins, bagel, pretzels, cookies, and pancakes, made from organic ingredients are termed as organic snack food.
The growth in spending capacity of the end users coupled with the growing health consciousness and rising consumption of organic foods by the populace owing to harmful side effects of conventional snacks including increasing calorie content, increasing obesity, and less nutritional benefits is driving the market. Moreover, the increasing spending capacity of people, especially in developing countries including India and China is contributing to higher demand for organic snack food manufacturing over the forecast period. According to Trade Economics, consumer spending in China increased to USD 50,625.3 in 2018 from USD 48,822.3 in 2017. Therefore, increasing consumer spending is predicted to generate higher demand for organic snack food in the coming years.
Organic Snack Food Manufacturing Market Segmentation: -
By Product Type
Cookies & Crackers
Fruit Snacks & Dried Fruit Snacks
Puffs & Chips
Energy Bar
Meat Snacks
Others
By Sales Channel
Hypermarkets and Supermarkets
Online Retailers
Food and Drink Specialists Stores
Convenience Stores
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Few Points From Table Of Content
1. Executive Summary
2. Organic Snack Food Manufacturing Market Characteristics
3. Organic Snack Food Manufacturing Market Size And Growth
4. Organic Snack Food Manufacturing Market Segmentation
5. Organic Snack Food Manufacturing Market Regional And Country Analysis
......
25. Organic Snack Food Manufacturing Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Organic Snack Food Manufacturing Market
27. Organic Snack Food Manufacturing Market Trends And Strategies
28. Organic Snack Food Manufacturing Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Organic Snack Food Manufacturing Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Organic Snack Food Manufacturing Market are Sprout, My Super Foods, Clif Bar & Company, Annies Homegrown Inc, NurturMe, Navitas Organics, YummyEarth, Inc., Utz Quality Food, LLC, Eat Real, Creative Snacks Co.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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