Plant-Based Snacks Market Report 2023-2030 | The Future of Seafood is Taking Root, Driving US$ 63.2 Billion Growth by 2030, Insights from RationalStat Market Study

The global plant-based snacks market is expected to reach US$ 63.2 billion by 2030, with an annual growth rate of more than 8.5%.

According to RationalStat's market report, the Global Plant-Based Snacks Market value is estimated at US$ 35.6 billion in 2023 and is expected to rise at a strong CAGR of over 8.5% over the forecast period of 2023-2030.

Market Definition, Market Scope, and Report Overview

Plant-based snacks refer to snack products that are made primarily or entirely from plant-derived ingredients, excluding animal-based ingredients. These snacks cater to consumers who are adopting plant-based or vegan diets, seeking healthier alternatives, or expressing environmental and ethical concerns.

The growing popularity of plant-based and vegan diets, driven by concerns related to animal welfare, environmental sustainability, and health, has created a substantial market for plant-based snacks that cater to individuals following these dietary preferences.

According to a deep-dive market assessment by RationalStat, the global Plant-Based Snacks market has been analyzed on the basis of market segments, including source, type, flavor, packaging type, category, distribution channel and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

• Market intelligence for the global Plant-Based Snacks market covers market sizes on the basis of market value (US$/EUR Million), volume (Tons) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

• In addition, the long-term sector and products/services 10-year outlook and its implications on the global Plant-Based Snacks market. It also includes the industry's current state - Production levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

Request A Customization- https://store.rationalstat.com/store/global-plant-based-seafood-market/#tab-ux_global_tab

Global Plant-Based Snacks Market: Segmental and Market Share Analysis

• On the basis of flavor, savory segment dominated the market with 45% market share. They provide a delicious alternative to traditional savory snacks.

Report Synopsis
Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 35.6 billion
Market Size Forecast US$ 63.2 billion
Growth Rate 8.5%
Dominant Segment Savory
Dominant Region North America

Key Market Drivers
• Growing trend of vegan diet
• Increasing diabetic population
• Increasing demand for packaged snack foods

Companies Profiled
• Unilever Group
• Nestle SA
• Green Park Snacks
• Quorn
• General Mills
• Maple Leaf Foods
• Conagra Brands Inc.
• Blue Diamond Growers Inc.
• Eat Natural
• Primal Spirit Foods Inc.
• Siren Snacks
• Nutrifusion LLC
• Amy's Kitchen Inc.
• Vegan Rob's
• Upton's Natural

Explore more about this report- https://store.rationalstat.com/store/global-plant-based-seafood-market/#tab-ux_global_tab

Competition Analysis and Market Structure

Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global plant-based snacks market include.

• In October 2023, Schouten Launched plant-based snack for kids packed with 46% vegetables including corn, carrot, garden peas, onion, and red bell pepper.

Some of the prominent players and suppliers operating and contributing significantly to the global plant-based snacks market growth include Unilever Group, Nestle SA, Green Park Snacks, Quorn, General Mills, Maple Leaf Foods, Conagra Brands Inc., Blue Diamond Growers Inc., Eat Natural, Primal Spirit Foods Inc., Siren Snacks, Nutrifusion LLC, Amy's Kitchen Inc., Vegan Rob's, and Upton's Natural, among others.

Get A Free Sample- https://store.rationalstat.com/store/global-plant-based-seafood-market/#tab-ux_global_tab

RationalStat has segmented the global plant-based snacks market based on source, type, flavor, packaging type, category, distribution channel and region
• Global Plant-Based Snacks Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Source
o Vegetables
o Fruits
o Cereals
o Tubers
o Others
• Global Plant-Based Snacks Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Type
o Meat-alternative Snacks
o Grain-based Snacks
o Fruit & Nut Snacks
o Plant-based Snack Bars
o Others
• Global Plant-Based Snacks Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Flavor
o Savory
o Sweet
• Global Plant-Based Snacks Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Packaging Type
o Pouches
o Wrappers
o Bags
o Tins
o Others
• Global Plant-Based Snacks Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Category
o Conventional
o Organic
• Global Plant-Based Snacks Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Distribution Channel
o Online
 E-Commerce Websites
 Company-owned Websites
o Offline
 Supermarket/Hypermarket
 Department Stores
 Specialty Stores
• Global Plant-Based Snacks Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Region
o North America Plant-Based Snacks Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 US
 Canada
o Latin America Plant-Based Snacks Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 Brazil
 Mexico
 Rest of Latin America
o Western Europe Plant-Based Snacks Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 Germany
 UK
 France
 Spain
 Italy
 Benelux
 Nordic
 Rest of Western Europe
o Eastern Europe Plant-Based Snacks Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 Russia
 Poland
 Hungary
 Other CIS Countries
 Rest of Eastern Europe
o Asia Pacific Plant-Based Snacks Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 China
 Japan
 India
 South Korea
 Australia
 ASEAN
• Indonesia
• Thailand
• Philippines
• Vietnam
• Malaysia
• Rest of ASEAN
 Rest of Asia Pacific
o Middle East & Africa Plant-Based Snacks Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 GCC
• Saudi Arabia (KSA)
• United Arab Emirates (UAE)
• Rest of the GCC
 South Africa
 Nigeria
 Turkey
 Rest of the Middle East & Africa

For more information about this report- https://store.rationalstat.com/store/global-plant-based-seafood-market

Key Questions Answered in the Plant-Based Snacks Report:
• What will be the market value of the global Plant-Based Snacks market by 2030?
• What is the market size of the global Plant-Based Snacks market?
• What are the market drivers of the global Plant-Based Snacks market?
• What are the key trends in the global Plant-Based Snacks market?
• Which is the leading region in the global Plant-Based Snacks market?
• What are the major companies operating in the global Plant-Based Snacks market?
• What are the market shares by key segments in the global Plant-Based Snacks market?

Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts' viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

Download Key Insights and Market Data - Raise a Query
https://store.rationalstat.com/store/global-plant-based-seafood-market/#tab-ux_global_tab

RationalStat LLC
Kimberly Shaw,
Content and Press Manager
sales@rationalstat.com
US Phone: +1 302 803 5429
UK Phone: +44 203-287-1245
LinkedIn | Facebook | Twitter | Instagram | Pinterest

RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client's needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.

This release was published on openPR.