Press release
Healthy Snacks Market Size to Boost USD 167.92 Billion By 2032 | CAGR 6.4% - Published by Emergen Research
The global Healthy Snacks Market size is expected to reach USD 167.92 Billion in 2032 and register a revenue CAGR of 6.4% during the forecast period, according to the latest analysis by Emergen Research. Rising obesity rates among individuals is a major factor driving the market revenue growth. According to the World Health Organization, more than 1 billion people among which 650 million adults, 340 million adolescents, and 39 million children are suffering from obesity, globally. Healthy snacks help individuals to maintain their calorie intake more effectively. Healthy snacks often provide essential nutrients such as vitamins, minerals, fiber, and protein without excessive calories and can satisfy hunger hence contributing to the market revenue growth.The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Drivers of the Healthy Snacks Market :
Several factors contribute to the growth of the healthy snacks market. One of the primary drivers is the growing emphasis on health and wellness among consumers worldwide. With rising concerns about obesity, diabetes, and other lifestyle-related diseases, individuals are gravitating towards snacks that offer nutritional benefits without compromising on taste or convenience. Additionally, the influence of social media, health influencers, and celebrity endorsements has played a significant role in promoting healthy eating habits, driving the popularity of nutritious snack options.
Restraints Impacting the Healthy Snacks Market :
Despite the promising growth prospects, the Healthy Snacks market faces certain challenges. One of the significant restraints is the fluctuating prices of raw materials, primarily glucose, which directly impacts the production cost of Healthy Snacks. Moreover, stringent regulations regarding the use of sugar alcohols in food and pharmaceutical products pose compliance challenges for manufacturers. Additionally, the growing popularity of alternative sweeteners like stevia and erythritol poses a competitive threat to the Healthy Snacks market, compelling companies to innovate and differentiate their products to maintain market share.
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The report also discusses the key players involved in the market such as:
Kind, Mondelez International group, General Mills, Insurgent Brands, LÄRABAR, NatureBox, Amplify Snack Brands, Enjoy Life, Justin's, LLC, That's it. Nutrition, purelyelizabeth, Quinn Foods LLC, PopCorners, LESSEREV
The report provides a thorough estimation of the overall impact of the pandemic on the Healthy Snacks Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Healthy Snacks Market
Healthy Snacks Latest Industry News
On 26 May 2023, Reliance Retail announced a collaboration with General Mills to sell Western snacks. Reliance launched General Mills' global corn chips brand Alan's Bugles in India as part of the cooperation.
On 2 March 2022, CLIF announced the launch of CLIF Thins, a crispy, crunchy variation on the original CLIF BAR designed for everyday snacking and ideal for busy families, commuters, and individuals on the go. CLIF Thins are produced with plant-based ingredients, reinforcing CLIF's commitment to using nutrients that nourish bodies while also supporting a healthy world. CLIF Thins are the ideal snack for individuals looking for delicious flavors and real ingredients, such as organic rolled oats, with 100 calories and 5 grams of sugar per pack
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Healthy Snacks Market Segment Analysis :
For the purpose of this report, Emergen Research has segmented the global healthy snacks market on the basis of product type, distribution channel, packaging, nutritional profile, dietary preference, and region:
Product Type Outlook (Revenue, USD Billion; 2019-2032)
Nut-Based Snacks
Fruit-Based Snacks
Yogurt and Dairy-Based Snacks
Grain-Based Snacks
Protein Bars and Snacks
Vegetable-Based Snacks
Distribution Channel Outlook (Revenue, USD Billion; 2019-2032)
Grocery Stores
Convenience Stores
Online Retail
Others
Packaging Outlook (Revenue, USD Billion; 2019-2032)
Bags & Pouches
Boxes
Cans
Jars
Others
Nutritional Profile Outlook (Revenue, USD Billion; 2019-2032)
Low-Calorie Snacks
Low-Sugar Snacks
High-Fiber Snacks
Gluten-Free Snacks
Protein-Rich Snacks
Dietary Preference Outlook (Revenue, USD Billion; 2019-2032)
Vegan and Plant-Based Snacks
Friendly Snacks
Paleo Snacks
Low-Carb Snacks
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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