Press release
Healthy Snacks Market Worth $152.08 Billion by 2029
Meticulous Research® has published an extensive report titled Healthy Snacks Market by Type (Cereal & Granola Bars, Nuts, Meat, Biscuits, Cookies), Product Claim (Gluten-Free, Low-Fat), Packaging Type (Wraps, Boxes), Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores) - Global Forecast to 2029. The report projects that the global market for healthy snacks will reach $152.08 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2029.Browse in depth: https://www.meticulousresearch.com/product/healthy-snacks-market-5392
The growth in the market is attributed to increasing health consciousness, rising demand for functional foods, and a shift towards convenient, on-the-go snacks. Latin America, Asia, and the Middle East & Africa are highlighted as key emerging markets, with significant growth potential driven by the expansion of online retail channels.
Challenges such as the higher cost of healthy snacks compared to conventional options and the volatility in raw material prices could impact market growth and profitability for manufacturers.
The report provides a detailed market segmentation by type, product claim, packaging type, distribution channel, and geographic region. It also includes a comprehensive analysis of the competitive landscape and market trends at the country level.
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In the product type segmentation, the market includes cereal & granola bars, nuts & seeds, dried fruits, meat snacks, biscuits & cookies, trail mix snacks, and other options. The cereal & granola bars segment was the largest in 2022, due to growing demand for healthy packaged foods and increasing rates of chronic health issues. The meat snacks segment is expected to grow significantly, driven by increased global meat consumption and a demand for protein-rich snacks.
The product claim segment covers gluten-free, low-fat, sugar-free, and other claims. The gluten-free segment led the market in 2022, due to rising celiac disease cases and higher consumer demand for gluten-free options. This segment is expected to continue growing, supported by increasing awareness of gluten-related health issues.
Packaging types include wraps, pouches, boxes, and other formats. Wraps held the largest market share in 2022, driven by their convenience and effectiveness in maintaining food freshness. The boxes segment is anticipated to grow due to cost-effectiveness and the rise of e-commerce.
Distribution channels are segmented into supermarkets & hypermarkets, convenience stores, specialty stores, online channels, and others. Supermarkets & hypermarkets had the largest share in 2022, thanks to their extensive reach and broad product assortment. Online channels are projected to experience significant growth, driven by the demand for convenience and personalized shopping experiences.
Regionally, North America led the market in 2022, supported by a strong food industry, growing health awareness, and high prevalence of celiac disease. The U.S. represents the largest market in North America, influenced by changing consumer habits and increasing interest in healthier snacking options.
Key Players
The key players operating in the healthy snacks market include General Mills, Inc. (U.S.), Mondelēz International, Inc. (U.S.), Nestlé S.A. (Switzerland), Unilever PLC (U.K.), Kellogg Company (U.S.), Tyson Foods, Inc. (U.S.), The Hain Celestial Group, Inc. (U.S.), Hormel Foods Corporation (U.S.), B&G Foods, Inc. (U.S.), Del Monte Foods Inc. (U.S.), PepsiCo, Inc. (U.S.), KIND LLC (U.S.), Danone S.A. (France), and Select Harvests Limited (Australia).
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Key Questions Answered in the Report:
• Which are the high-growth market segments in terms of type, product claim, packaging type, distribution channel, and geography?
• What is the historical market size for healthy snacks across the globe?
• What are the market forecasts and estimates for the period 2022-2029?
• What are the major drivers, restraints, opportunities, and challenges in the healthy snacks market?
• Who are the major players in the market, and what are their market shares?
• Who are the major players in various countries, and what are their market shares?
• How is the competitive landscape for the healthy snacks market?
• What are the recent developments in the healthy snacks market?
• What are the different strategies adopted by the major players in the market?
• What are the key geographic trends, and which are the high-growth countries?
• Who are the local emerging players in the healthy snacks market, and how do they compete with other players?
About Us
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
About Us
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
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