Healthy Snacks Market is Expected to Reach US$ 115.9 Billion by 2028

IMARC Group, a leading market research company, has recently releases report titled "Healthy Snacks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global healthy snacks market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the healthy snacks market?

The global healthy snacks market size reached US$ 81.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 115.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.94% during 2023-2028.

What is healthy snacks?

Healthy snacks are nutrient-rich foods that are consumed between meals to maintain a balanced diet and provide energy. They encompass a variety of options such as fresh fruits like berries and apples, roasted chickpeas, mixed nuts, whole grain crackers, smoothies, meat snacks, oats, bananas, granola bars, and muesli. These snacks are packed with essential vitamins, carbohydrates, healthy fats, fibers, proteins, and minerals. They offer low-calorie alternatives that enhance the overall quality of the diet while providing benefits such as improved physical performance, strengthened immunity, and better digestion, all while curbing hunger.

Furthermore, healthy snacks help reduce the risk of chronic diseases, increase nutrient intake, and support weight management. They are also convenient, tasty, cost-effective, easy to carry, and fulfill essential nutritional needs. Nowadays, these snacks are readily available in supermarkets, online platforms, convenience stores, specialty stores, and hypermarkets worldwide.

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What are the growth prospects and trends in the healthy snacks?

The market for healthy snacks is primarily driven by the increasing awareness of personal health among individuals. Furthermore, the busy and fast-paced lifestyles, coupled with hectic work schedules, have led to a widespread adoption of convenient and on-the-go healthy snacks, fueling market growth. Additionally, the introduction of plant-based, gluten-free, and organic variants of these snacks has gained popularity due to the rising prevalence of lactose intolerance and celiac diseases.

Moreover, the working-class population and college graduates are increasingly turning to healthy savory snacks as a dinner alternative to satisfy their appetite and prevent overeating during mealtime, which is driving market growth. The introduction of baked chips made from natural ingredients such as soya, ragi, and vegetables, which are low in salt, multigrain, non-GMO, low in fat, and high in protein, is also contributing to market expansion.

Furthermore, the market is experiencing growth due to the launch of sustainable and visually appealing packaging solutions. These packaging solutions are lightweight, portable, reduce carbon emissions, and offer consumer convenience through features like easy-tear and resealable options. These factors collectively contribute to the increasing adoption of healthy snacks worldwide.

What is included in market segmentation?

The report has segmented the market into the following categories:

Product Insights:

Nuts, Seeds and Trail Mixes
Dried Fruit Snacks
Cereals and Granola Bars
Meat Snacks
Others

Distribution Channel Insights:

Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online
Others

Breakup by Geography:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

B&G Foods Inc.
Danone S.A.
Del Monte Foods Inc. (Del Monte Pacific Ltd.)
General Mills Inc.
Kellogg Co.
Kind LLC (Mars Incorporated)
Mondelez International Inc.
Nestlé S.A.
Tyson Foods Inc.
Unilever plc

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