Organic Snacks Market Report 2023, Global Industry Demand & Growth Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled "Organic 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 organic snacks market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Organic Snacks Market?
The global organic snacks market size reached US$ 11.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.5 Billion by 2028, exhibiting a growth rate (CAGR) of 10.2% during 2023-2028.

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Organic snacks refer to a wide variety of consumable products that are manufactured organically by utilizing certified organic materials and preventing the involvement of any synthetic substances. They comprise various nuts, seeds, and dry fruits, such as pecans, peanuts, walnuts, almonds, sunflower seeds, pumpkin seeds, chia seeds, and flax seeds, which are grown by using organic fertilizers instead of insecticides and pesticides. They also consist of various sweet snacks, such as cookies, biscuits, nutrition bars, granola, muesli, and crackers, which are manufactured from gluten-free and organic flour and possess a sugar-free formulation. Organic snacks include a wide variety of fruits and vegetables, such as apples, bananas, kiwis, oranges, strawberries, avocadoes, grapes, blueberries, beets, tomatoes, carrot sticks, and celery sticks. They are rich in fiber, protein, and various other essential minerals, such as calcium, iron, potassium, magnesium, manganese, and phosphorus. They also contain antioxidants, which are necessary for boosting immunity, enhancing the texture of skin and hair, and reducing oxidative stress in the body. They help manage weight loss and reduce the symptoms of obesity. They also improve heart conditions and prevent the occurrence of various cardiovascular diseases. Furthermore, as organic snacks are produced without the employment of synthetic fertilizers, hormones, antibiotics, and other harmful chemicals, their consumption is rising around the world.

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What are the growth prospects and trends in the organic snacks industry?

At present, the increasing demand for organic snacks, as they are highly nutritious and easily available in supermarkets, hypermarkets, grocery stores, and online stores, represents one of the primary factors influencing the market positively. Besides this, the rising consumption of healthy diets to prevent the occurrence of various chronic diseases, such as thyroiditis, arthritis, diabetes, and obesity, is propelling the growth of the market.

In addition, the growing awareness about the benefits of leading a healthy life and consuming nutritious diets regularly among the masses is offering a favorable market outlook. Apart from this, the increasing demand for protein-rich snacks among gym goers, athletes, and fitness enthusiasts to maintain muscle mass, gain energy, and suppress hunger is contributing to the growth of the market. Additionally, there is a rise in the adoption of organic farming practices among farmers to grow fruits and vegetables.

This, along with the increasing preferences for providing organic feed to poultry and cattle and eliminating the utilization of hormone injections to improve their health conditions, is supporting the growth of the market. Moreover, the wide availability of organic snacks devoid of animal derivatives for vegan consumers is strengthening the growth of the market. Furthermore, the increasing demand for convenient organic snacks among working individuals, which can be consumed on the go, is bolstering the growth of the market.

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Global Organic Snacks Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Conagra Brands Inc., Danone S.A., Frito-Lay North America Inc. (PepsiCo Inc.), General Mills Inc., Hain Celestial Group Inc., Hormel Foods Corporation, Kadac Pty Ltd., Made in Nature, Navitas Organics, Prana Organic and Woodstock Farms Manufacturing (United Natural Foods Inc.)

The report has segmented the market on the basis of region, product type, generation and distribution channel.

Breakup by Product Type:
• Nutrition Bars
• Candy Bars
• Salty Snacks
• Nuts
• Others

Breakup by Generation:
• Millennial
• Generation X
• Baby Boomers

Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Specialty Stores
• Convenience Stores
• Online Stores
• Others

Breakup by Region:
• 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

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Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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