Market overview:
Between 2021 and 2026, the global Healthy Snacks Market is predicted to increase at a compound annual growth rate of 5.2 percent, from US$ 23.05 billion in 2021 to US$ 32.88 billion by the end of 2026.
Snacks have become an important element of your diet, since they aid in the absorption of necessary nutrients and the maintenance of your body's energy levels. Snacks are modest amounts of food or beverages consumed in between meals. A low-sodium, low-sugar, low-vitamin, low-nutrient, and low-saturated-fat snack is a sort of bag. Healthy snacks are packed in fiber and protein, and they can help you stay energized all day. Hard-boiled eggs, whole grains, seeds, nuts, vegetables, fruits, and low-fat dairy products are all good snacks. Because snacks are such a large component of your diet, they have a significant impact on your health.
Recent developments:
PepsiCo, Inc. announced the acquisition of Health Warrior, Inc., a US-based nutrition company, strengthening its foothold in the nutritional bar sector.
Kellogg's Special K introduced Special K Nourish & Protein Snack Bites in February 2017. This ingredient can be found in a variety of snacks and portable snacks.
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Market Drivers and Restrains:
The market has benefited from increased customer interest in the nutritional benefits of products with high vitamins and protein and low calories. The rising need for refreshments along the road, along with higher customer expenditure, could stymie market expansion. Furthermore, the industry is projected to be driven by busy consumer lives for many years to come. In developed economies, healthy snacks are widely consumed. One of the most important growth impulses in the industry is a rise in customers' disposable income as a result of modernization and workforce expansion. Families in their mid-30s to mid-40s have been identified as being more likely to boost their spending on nutritious snacks.
The industry is expected to be revitalized as big players raise their expenditure in manufacturing high-quality, creative items and launching product branding campaigns. Customer health awareness, as a result of government, non-governmental organization, and corporate awareness initiatives, is likely to drive demand for healthy snacks in the next years.
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Report is segmented as:
The global healthy snacks market is segmented by product and region. Depending on the product, global market is classified into Dried Fruit, Cereal & Granola Bars, Nuts & Seeds, Meat, Trail Mix and others.
Geographical Segmentation:
During the projection period, North America is expected to become one of the top local healthy snack markets. As customer preferences for healthier alternatives grow, demand for items in this region is likely to rise as consumer behaviors change, such as snacking instead of eating regular meals or snacks. The convenience and easy-to-carry options available as healthy snacks are also propelling the home market forward. During the forecast period, the Asia Pacific market is expected to be the most promising in the world.
Impact of COVID-19 on Healthy Snacks Market
COVID-19 is a global public health catastrophe that has impacted virtually every firm, and its long-term ramifications are projected to have an impact on industry growth over the forecast period. Our ongoing research is improving our research methodology to ensure that basic COVID-19 problems and potential solutions are addressed. The research examines COVID-19 in light of changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, market dynamics, and government involvement. Our ongoing research is improving our research methodology to ensure that the most important COVID-19 problems and potential solutions are addressed.
Key market players:
● Nestlé S.A
● PepsiCo Inc
● Kellogg Company
● Tyson Foods Inc
● General Mills Inc
● Hormel Foods Corporation
● Kind LLC
● B&G Foods, Inc
● The Hain Celestial Group Inc
● Calbee, Inc
● Select Harvests
Contact Information:
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