Organic Snack Food Manufacturing Market Along With Covid-19 Impact Analysis and Business Opportunities Outlook 2023 | Sprout, My Super Foods, Clif Bar & Company, Annies Homegrown Inc, NurturMe

The latest market report on Organic Snack Food Manufacturing Market 2019 offers an in-depth analysis of this business vertical involving key information concerning industry deliverables, predominantly market tendencies, market size, market share, present valuation, and profits estimations for the estimated period. The brief information regarding the industry also analyzes and elucidates the Organic Snack Food Manufacturing Market growth rate in the forecast timeline, incited by certain catalysts.

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%.

Organic Snack Food Manufacturing Market: Overview

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.

Many food manufacturers are making new and healthy snack launches by reducing the use of artificial colors and increasingly using natural ingredients in order to meet the consumer requirements for healthier and natural ingredients. For instance, more than 11 food companies including Chipotle, Kraft, Taco Bell, Pizza Hut, Subway, and others removed the usage of artificial colors and flavors in 2018. Moreover, government bans on artificial flavors are a major opportunity for organic snack food manufacturers for future expansion. According to the U.S. Food & Drug Administration, the FDA removed six of the ingredients from FDA’s approved list, which included ethyl acrylate, benzophenone, myrcene, pulegone, eugenyl methyl ether, and pyridine. This scenario is predicted to boost the demand for the organic snack food market during the forecast period (2019 to 2023).

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Major players 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, and others.

Industry News:

MySuperFoods Company LLC Launches Its First Savory Snack for Kids, MySuperPops, Whole Grain Mini-Popcorn Chips

SUMMIT, N.J., March 6, 2017 /PRNewswire/ -- MySuperFoods Company LLC expands its presence in the kids food space with their new snack line, MySuperPops, a mini-popcorn chip packed with chia, quinoa and flax seed.  MySuperPops are 100% whole grain and available in three kid friendly flavors: White Cheddar, Kettle and Honey BBQ.

"Creating MySuperPops furthers our commitment to provide parents with healthy, clean, snacks for kids while keeping kids excited with fun packaging and a quarter size chip, perfect for little hands," says co-founder Silvia Gianni, "kids today are reaching for a snack three to four times a day, so it's important to ensure that those snacks are made with nourishing superfood ingredients."  The mini-popcorn chips are also nut free, certified gluten free and two flavors are certified organic.

Geographic scope:
For a comprehensive understanding of market dynamics, the global Organic Snack Food Manufacturing Market is analyzed across key geographies namely: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.

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The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Organic Snack Food Manufacturing market and compares it with other markets.

- The market characteristics section of the report defines and explains the market.

- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID 19 virus, and forecasting its recovery.

- Market segmentations break down the market into submarkets.

- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID 19 for all regions, key developed countries, and major emerging markets.

- The competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals that have shaped the market in recent years are identified.

- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

- The Organic Snack Food Manufacturing market section of the report gives context. It compares the Organic Snack Food Manufacturing market with other segments of the support activities for the mining market by size and growth, historic, and forecast. It analyses GDP proportion, expenditure per capita, and Organic Snack Food Manufacturing indicators comparison.

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Note - All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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