openPR Logo
Press release

Global Better-For-You Snacks Market to Expand At A CAGR Of 6.7% to Reach US$ 54.3 Bn By 2032

11-14-2022 10:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Better-for-you Snacks Market

Better-for-you Snacks Market

According to Fact.MR, a market research and competitive intelligence provider, the global better-for-you snacks market is estimated at US$ 28.5 billion in 2022 and is expected to expand at an impressive CAGR of 6.7% during the forecast years of 2022-2032. Remarkable health benefits provided by better-for-you snacks is the main reason for rapid market expansion.

The COVID pandemic accelerated consumer health awareness and significantly impacted their eating choices. Demand for mindful snacking has fuelled the rapid adoption of better-for-you (BFY) snacks. BFY snacks have gained immense popularity among consumers looking to avoid or minimise the severity of diseases. Customers prefer better-for-you snacks with label claims that are regarded to be healthier to promote health, and ideally stave off any illness. All these factors are coherently establishing a strong foundation for the better-for-you snacks market across the world.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=7592

Due to government initiatives, the better-for-you snacks market will be quite prominent across some few European nations, especially in the United Kingdom. The U.K. government has passed legislation that restricts the placement and in-store advertising of some HFSS (high in fat, salt, and sugar) products. Originally scheduled to take effect in October 2022, the legislation has been delayed due to the current economic climate and will now take effect in January 2024, paving the way for new opportunities for BFY snack manufacturers.

Which Factor Might Restrain Market Expansion to Some Extent?

Growing consumer interest towards healthier options is a major factor for the boost of the better-for-you snacks market; however, there are market-wide challenges such as competition from the traditional snacks market.

The ever-growing non-better-for-you snack options such as chips, salty snacks, dips, etc., could be a great barrier to the acceptance of better-for-you snacks among people. Healthy snack options such as fresh fruits and vegetables can also create fierce competition for better-for-you snack producers.

Additionally, the high cost related to better-for-you snacks as compared to traditional and healthy snacks could hinder the demand growth for better-for-you snacks.

Lack of awareness and limited access to better-for-you snacks across the world could be another key factor denting the growth of the better-for-you snacks market to some extent.

Key Takeaways from Better-for-you Snacks Market Study
โ€ข The global better-for-you snacks market is projected to expand at an impressive CAGR of 6.7% and reach US$ 54.3 billion by 2032.
โ€ข The market registered 4.2% CAGR between 2017 and 2021.
โ€ข Under product type, the cereals, flakes & seeds segment dominates the market and is valued at US$ 8.3 billion in 2022.
โ€ข Europe dominated the global market with 29.7% market share in 2021.
โ€ข Based on region, demand for better-for-you snacks is expected to increase at CAGRs of 4.8% and 9.7%, respectively, in North America and South Asia & ASEAN.

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ: https://www.factmr.com/connectus/sample?flag=RC&rep_id=7592

Key Segments Covered in the Better-for-you Snacks Industry Survey
โ€ข By Product Type :
โ€ข Baked Snacks
โ€ข Popped Snacks
โ€ข Snacks Bars
โ€ข Trail Mix
โ€ข Cookies
โ€ข Cereals, Flakes & Seeds
โ€ข Others (Yoghurt, Ice Cream)

โ€ข By Primary Ingredient :
โ€ข Oats
โ€ข Potatoes
โ€ข Vegetables (excluding Potatoes)
โ€ข Rice
โ€ข Corn
โ€ข Lentils
โ€ข Dairy Alternative
โ€ข Others

โ€ข By Sales Channel :
o Online
โ€ข Brand Websites
โ€ข e-Commerce Platforms

o Offline
โ€ข Supermarkets/Hypermarkets
โ€ข Convenience Stores
โ€ข Specialty Stores

โ€ข By Region :
โ€ข North America
โ€ข Latin America
โ€ข Europe
โ€ข East Asia
โ€ข South Asia & ASEAN
โ€ข Oceania
โ€ข MEA

๐…๐ฎ๐ฅ๐ฅ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ข๐ฌ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž ๐š๐ญ: https://www.factmr.com/checkout/7592

Competitive Landscape

While protein-rich foods and health consciousness are currently at the top of the minds of consumers, there are several opportunities for manufacturers as customers seek clean label snacks. To achieve a number of dietary objectives, such as reducing calories or gluten intake or enhancing nutrition, consumers are searching for unusual ingredients that can provide both, nutrition and flavour.

Aligning with this behaviour, well-known producers are using health indicators such as plant-based, no allergens, lactose-free, etc., to obtain a firm foothold in the market. These types of claims are adding the good impact on customers and significantly expanding the better-for-you market.

Key players in the Better-for-you Snacks Market

โ€ข Mondelez International, Inc.
โ€ข Kellogg's Company
โ€ข Nestlรฉ
โ€ข B&G foods
โ€ข Warrell Creations
โ€ข PepsiCo's Frito-Lay
โ€ข Trufood
โ€ข Velocity Snack Brands
โ€ข Left Field Foods
โ€ข Boulder Canyon

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.

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 Global Better-For-You Snacks Market to Expand At A CAGR Of 6.7% to Reach US$ 54.3 Bn By 2032 here

News-ID: 2806473 • Views: โ€ฆ

More Releases from Fact.MR

Scar Treatment Market to Reach USD 18.6 Billion by 2034 | Fact.MR
08-28-2025 | Health & Medicine
Fact.MR
Scar Treatment Market to Reach USD 18.6 Billion by 2034 | Fact.MR
Fact.MR today released its latest report on the Scar Treatment Market, forecasting steady growth driven by rising consumer focus on aesthetic appearance, advancements in dermatological technologies, and increasing demand for minimally invasive procedures. Valued at USD 12.6 billion in 2024, the global market is projected to expand at a compound annual growth rate (CAGR) of 4.0%, reaching USD 18.6 billion by 2034. This growth highlights the increasing importance of scarโ€ฆ
Acne Treatment Market is Projected to Reach USD 12.44 Billion by 2034 | Fact.MR
08-28-2025 | Health & Medicine
Fact.MR
Acne Treatment Market is Projected to Reach USD 12.44 Billion by 2034 | Fact.MR
The global acne treatment market is estimated at USD 7.2 billion in 2024 and is forecasted to reach USD 12.44 billion by 2034, advancing at a compound annual growth rate (CAGR) of 5.6%. This steady expansion is driven by the increasing prevalence of acne across diverse demographics, influenced by factors such as diet, stress, hormonal imbalances, and environmental conditions. The market's growth reflects a shift toward personalized and innovative treatments,โ€ฆ
Point of Sale (POS) Terminal Market is Projected to Reach USD 195.8 Billion by 2034 | Fact.MR
Point of Sale (POS) Terminal Market is Projected to Reach USD 195.8 Billion by 2 โ€ฆ
Expanding at a CAGR of 7.2%, the global point of sale (POS) terminal market is projected to reach USD 195.8 billion by the end of 2034, increasing from USD 97.7 billion in 2024. This growth is driven by the increasing adoption of digital payment tools, the implementation of 5G for high-speed connectivity, and the digital transformation across industries such as retail, healthcare, and hospitality. POS terminals enhance transaction accuracy, reduceโ€ฆ
Marketing Resource Management Market is Forecasted to Reach USD 12.73 Billion by 2034 | Fact.MR
Marketing Resource Management Market is Forecasted to Reach USD 12.73 Billion by โ€ฆ
The global marketing resource management (MRM) market is estimated at USD 4.65 billion in 2024 and is projected to expand to USD 12.73 billion by 2034, growing at a compound annual growth rate (CAGR) of 10.6%. This growth is driven by the increasing need for efficient management of marketing resources, including personnel, budgets, production processes, and digital assets. MRM solutions enable organizations to optimize operations, reduce costs, and deliver personalizedโ€ฆ

All 5 Releases


More Releases for Snack

Snack Food Packaging Market Adapting To Consumer Preferences With Convenient, At โ€ฆ
Snack Food Packaging Market ๐’๐ง๐š๐ฉ๐ฌ๐ก๐จ๐ญ (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’) On February 12, 2025, Exactitude Consultancy., Ltd. released a research report titled "Snack Food Packaging Market". The Snack Food Packaging Market is projected to expand significantly due to the increasing demand for convenient and ready-to-eat snack options among consumers. The market is characterized by innovations in packaging that enhance product freshness and extend shelf life, with a growing emphasis on sustainability and eco-friendlyโ€ฆ
United States Snack Bar Market
๐”๐’๐€, ๐๐ž๐ฐ ๐‰๐ž๐ซ๐ฌ๐ž๐ฒ- The United States snack bar market is experiencing robust growth, driven by several key factors that are reshaping consumer preferences and market dynamics. One of the primary growth drivers is the increasing demand for on-the-go, convenient snack options, as busy lifestyles push consumers to seek quick, portable, and healthy alternatives to traditional snacks. Snack bars, which offer portability and easy consumption, are meeting this demand across aโ€ฆ
Organic Snack Food Market Report 2024 - Organic Snack Food Market Size, Share An โ€ฆ
"The Business Research Company recently released a comprehensive report on the Global Organic Snack Food Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusiveโ€ฆ
Snack Food Packaging Market Report 2024 - Snack Food Packaging Market Trends And โ€ฆ
The snack food packaging market plays a crucial role in the food packaging industry. As consumer preferences shift toward convenience, healthier snacks, and eco-friendly packaging solutions, companies in this market are increasingly innovating to meet these demands. Snack food packaging involves a wide range of materials and formats, including flexible pouches, boxes, cans, and trays. These are designed to protect the product, extend shelf life, enhance portability, and appeal toโ€ฆ
Potato Snack Market to Witness Massive Growth | Kellogg Company, PepsiCo , Loren โ€ฆ
The latest study released on the Global Potato Snack Market by HTF MI evaluates market size, trend, and forecast to 2030. The Potato Snack market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. Key Players inโ€ฆ
Healthy Snack Market Detailed Industry Report Analysis 2023-2029: PepsiCo, Mars, โ€ฆ
The Latest Released Global Healthy Snack market study has evaluated the future growth potential of Global Healthy Snack market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essentialโ€ฆ