openPR Logo
Press release

Demand Scenario of Plant Based Snacks Market to Remain Positive Through 2028

A recent report published by Persistence Market Research delivers an insight-rich look at the global plant-based snacks market for the period 2018 - 2028. According to the report, numerous factors contribute to the growth of the plant-based snacks market, which is projected to record a striking CAGR of over 8% through 2028. Global plant-based snacks market is estimated to witness a proliferated growth, on account of rising awareness of health and wellness among consumers. Besides, a rapid increase in the adoption of vegan, vegetarian, or flexitarian diets is said to boost the growth of the plant-based snacks market. In addition to this, rising health issues and allergies have encouraged consumers to switch their eating habits and adopt plant-based snacks. A notable shift towards the natural food substitutes has been witnessed among the lactose-intolerant consumers, which is expected to contribute immensely to the growing size of the plant-based snacks market.

To remain 'ahead' of your competitors, request for a samples@https://www.persistencemarketresearch.com/samples/27622

Another significant growth propeller to the plant-based snacks market is the rising concerns pertaining to the animal-based food products. Growing awareness of the animal welfare and treatment has resulted in stringent regulations and ban on several animal-based products, which is predicted to lend sustainable growth to the plant-based snacks market.

Key Insights Derived from the Study of the Global Plant-based Snacks Market

The manufacturers of the plant-based snacks are endeavoring towards diversifying their product portfolio by leveraging crucial ingredients and flavors, in the bid to enhance the taste of the snacks and acquire a large customer base. Beside this, leading manufacturers of the plant-based snacks market have entered into strategic mergers and acquisition to broaden their existing range of product offerings. For instance, The Vegetarian Butcher, a vegan meat firm of the Netherlands partnered with Mora to expand its plant-based snacks business.
As compared to the traditionally consumed snacks, plant-based snacks are devoid of sugar, fat, and oil content, which makes them a healthier option to prevent conditions like obesity, cardiovascular diseases, high blood pressure, and diabetes. Besides, the artificial flavors added to the fried snacks equally pose their share of the health threat to a human body, which remains a robust growth driver for the plant-based snacks market.
The plant-based snacks market is estimated to achieve lucrative growth opportunities, on account of the evolving eating habits of consumers across the world. With the increased cognizance among consumers of the eating habits, there has been a conscious shift towards clean eating, thereby, creating a sheer demand for the plant-based food products.
Plant-based snacks are relatively less flavorful as compared to their processed and animal-based counterparts, which is a challenge for the plant-based snacks manufacturers. However, the large-scale manufacturing of the salted plant-based snacks is leading to the rapid adoption of these snacks, which further boosts the size of the plant-based snacks market.

Download TOC, list of figures & tables@https://www.persistencemarketresearch.com/market-research/plant-based-snacks-market/toc

Manufacturers of the Plant-based Snacks Market Aim for Acquisition to Expand their Business

According to the report on the global plant-based snacks market, the key players of the plant-based snacks market consist of General Mills Inc., The Unilever Group, Nestle, Primal Spirit Foods, Inc., Maple Leaf Foods Inc., Blue Diamond Growers, Inc., Eat Natural, Green Park Snacks Ltd, Louisville Vegan Jerky Company, Eat Real, Quorn, Oumph, Soul Sprout, Upton's Naturals, Nutrifusion, Drink Eat Well, LLC, Go Raw®, Greenleaf Foods, SIREN SNACKS, and Zellee Organic, among others. Manufacturers of the plant-based snacks market have intensified their capitalization to acquire relatively small companies, in order to expand their plant-based snacks business.

These forerunning players of the global plant-based snacks market have been assessed depending on the diversification of their product portfolio, market segmentation based on the profitability, sales footprint, production footprint, channel footprint, and business strategies. These valuable insights will aid the suppliers, distributors, and manufacturers of the plant-based snacks market devise sustainable strategies for their plant-based snacks businesses

For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/27622

Read More Trending "PMR Exclusive Article"

Global Market Study on Seaweed Cultivation: https://www.persistencemarketresearch.com/market-research/seaweed-cultivation-market.asp

Global Market Study on Coconut Milk: https://www.persistencemarketresearch.com/market-research/coconut-milk-market.asp

Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Demand Scenario of Plant Based Snacks Market to Remain Positive Through 2028 here

News-ID: 2673818 • Views:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for Snacks

Meat Snacks Market 2023 Research Analysis | Jack Link's, Marfood USA, King Elite …
The research report proposed by Fior Markets entitled Global Meat Snacks Market 2023 offers users excellent business intelligence for the organization of different sizes. The purpose of this report is to study the global Meat Snacks market at a macro-level and the scope of the industry in the future (2023-2032). Our report is a unique blend of multidisciplinary approaches taken by our experts to cover all edges by deploying real-time
Coconut Snacks Market Set for More Growth : Creative Snacks, Pepperidge Farm, Da …
Advance Market Analytics published a new research publication on "Coconut Snacks Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Coconut Snacks market was mainly driven by the increasing R&D spending across the world. Get Free Exclusive PDF Sample Copy of
Meat Snacks Market to 2027 - Bridgford Foods, Conagra Brands,Hormel Foods, Link …
Premium Market Insights reports titled “Meat Snacks Market” and forecast to 2027 gives a detailed analysis of the market with key company profiles. Meat Snacks market is evaluated based on two segments i.e., by type and application and covers essential statistics and details for current and future market scenarios. The report actively includes informative aspects relating to product developments, launches, and trends, to assist market players, shareholders, and investors
Meat Snacks Market to 2027 - Bridgford Foods, Conagra Brands, Hormel Foods, Link …
Premium Market Insights reports titled “Meat Snacks Market” and forecast to 2027 gives a detailed analysis of the market with key company profiles. Meat Snacks market is evaluated based on two segments i.e., by type and application and covers essential statistics and details for current and future market scenarios. The report actively includes informative aspects relating to product developments, launches, and trends, to assist market players, shareholders, and investors
Extruded Snacks and Chips Market Is Booming Worldwide | PepsiCo, ITC, Parle, Pra …
A new market study is released on India Extruded Snacks and Chips Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides
Meat Snacks Market
2019-2025 Meat Snacks Market Report with Depth Analysis Global Meat Snacks Market report covers the current scenario (with the base year being 2018) and the growth prospects of the global market for 2019-2025. The report presents a comprehensive overview, market size, shares, and growth opportunities of Meat Snacks market by product type, application, key manufacturers and key regions. Request For Free report Sample -https://www.reportsmonitor.com/request_sample/296717 Scope of the Report: Furthermore, Meat Snacks Market report discusses the key drivers influencing market growth, opportunities, the