Description
Healthy Snacks Market Analysis
Market Overview
The healthy snacks market industry is projected to enroll a huge CAGR of 6.82% during the estimated time frame. The expanded buyer information on the nourishing advantages of healthy snacks, like their high protein, nutrient, and low-calorie content, are the key market drivers for improving market development. Developing shopper inclination for comfort, prepared-to-eat foods, and in-a-hurry nibbling is a key variable driving the market extension for healthy snacks. These lightweight, compact packs help energy all through a bustling business day. Thusly, the developing pattern of in-a-hurry eating has improved the healthy snacks market CAGR as of late.
One more improvement in the area is the ascent of custom healthy snacks. Customized nourishment is at present turning out to be more famous accordingly. Snacks that are cholesterol-and keto-accommodating, as well as those that further develop state of mind, are great for the stomach, and help in better rest, are turning out to be progressively popular. For example, PepsiCo and Past Meat presented veggie lover jerky as their most memorable plant-based item in Walk 2022.
Market Segmentation
Based on product type, the market for healthy snacks is segmented into three categories: sweet snacks, savory snacks, and others.
According to the claim, the market for healthy snacks is segmented into gluten-free, low-fat, sugar-free, and other categories. The packaging of the healthy snack market has been divided into jars, boxes, pouches, cans, and other containers.
The healthy snacks market has been divided into store-based and non-store-based segments based on the distribution channel.
Regional Analysis
The North America Healthy Snacks market represented USD 0.04 billion in 2022 and is supposed to display a huge CAGR development during the review time frame. Purchasers’ developing eating designs, for example, nibbling between set eating times or instead of feasts, and an ascent in inclination for better substitutes are expected to help the item’s nearby demand.
The expanded commonness of way of life-related well-being sicknesses, the maturing populace, rushed day-to-day plans, rising mental pressure, and a strong disposition towards safeguard estimates drive the requirement for healthy snacks in the European market. Germany is the biggest market for natural and regular foods.
The Asia-Pacific Healthy Snacks Market is supposed to develop at the quickest CAGR from 2022 to 2030. The market in Asia Pacific is expected to expand at a significant CAGR in light of the ascent in demand for merchandise that is “better for you” and backs a healthy way of life. Prebiotics and probiotics are two instances of items with benefits for the stomach and resistance that are turning out to be more famous in Asia.
Major Players
Key Companies in the healthy snacks market are Dole Food Company Inc (US), General Mills Inc (US), Sun-Maid (US), Bel Brands USA Inc. (US), Medifast Inc (US), Mondelez International Inc (US), No Limit LLC (US), L T Foods (India), and Danone S.A (France).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 15
1.1 MARKET ATTRACTIVENESS ANALYSIS 16
1.1.1 GLOBAL HEALTHY SNACKS MARKET, BY PRODUCT TYPE 17
1.1.2 GLOBAL HEALTHY SNACKS MARKET, BY CATEGORY 18
1.1.3 GLOBAL HEALTHY SNACKS MARKET, DISTRIBUTION CHANNEL 19
1.1.4 GLOBAL HEALTHY SNACKS MARKET, BY REGION 20
2 MARKET INTRODUCTION 21
2.1 DEFINITION 21
2.2 SCOPE OF THE STUDY 21
2.3 RESEARCH OBJECTIVE 21
2.4 MARKET STRUCTURE 21
2.5 KEY BUYING CRITERIA 22
3 RESEARCH METHODOLOGY 23
3.1 RESEARCH PROCESS 23
3.2 PRIMARY RESEARCH 24
3.3 SECONDARY RESEARCH 25
3.4 MARKET SIZE ESTIMATION 25
3.5 FORECAST MODEL 27
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 28
4 MARKET DYNAMICS 29
4.1 INTRODUCTION 29
4.2 DRIVERS 30
4.2.1 GROWING DEMAND FOR ON-THE-GO FOOD PRODUCTS ALONG WITH THE HEALTH BENEFITS, RISING GROWTH OF THE ORGANIZED RETAIL SECTOR TO ENHANCE THE GROWTH. 30
4.2.2 INCREASED PER CAPITA INCOME AND WIDER EMPLOYMENT BASE TO BOOST THE GROWTH 30
4.2.3 DRIVERS IMPACT ANALYSIS 31
4.3 RESTRAINT 31
4.3.1 THE HIGH PRICES OF HEALTHY SNACKS MAY HINDER THE GROWTH 31
4.3.2 RESTRAINTS IMPACT ANALYSIS 32
4.4 OPPORTUNITIES 32
4.4.1 THE EVER-INCREASING DEMAND FOR THE FOOD INDUSTRY 32
5 MARKET FACTOR ANALYSIS 33
5.1 VALUE CHAIN ANALYSIS 33
5.1.1 RAW MATERIALS 34
5.1.2 PROCESSING 34
5.1.3 PACKAGING 34
5.2 SUPPLY CHAIN ANALYSIS 35
5.3 PORTER’S FIVE FORCES MODEL 36
5.3.1 THREAT OF NEW ENTRANTS 36
5.3.2 BARGAINING POWER OF SUPPLIERS 37
5.3.3 THREAT OF SUBSTITUTES 37
5.3.4 BARGAINING POWER OF BUYERS 37
5.3.5 RIVALRY 37
5.4 IMPACT OF THE COVID-19 OUTBREAK ON THE HEALTHY SNACKS MARKET 38
5.4.1 IMPACT ON PRODUCTION 38
5.4.2 IMPACT ON CONSUMER BUYING BEHAVIOR 38
5.4.3 IMPACT ON SUPPLY CHAIN 38
5.4.4 IMPACT ON PRICING 38
5.4.5 IMPACT ON STORE-BASED VS. NON-STORE BASED SALES 39
6 GLOBAL HEALTHY SNACKS MARKET, BY PRODUCT TYPE 40
6.1 OVERVIEW 40
6.1.1 GLOBAL HEALTHY SNACKS MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2023–2030 41
6.2 MEAT SNACKS 41
6.2.1 MEAT SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2030 41
6.3 MEAT ALTERNATIVE SNACKS 42
6.3.1 MEAT ALTERNATIVE SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2030 42
6.4 CEREAL/GRAIN-BASED 42
6.4.1 CEREAL/GRAIN-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2030 42
6.5 FRUIT & NUT SNACKS 43
6.5.1 FRUIT & NUT SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2030 43
6.6 OTHERS 43
6.6.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2030 43
7 GLOBAL HEALTHY SNACKS MARKET, BY CATEGORY 44
7.1 OVERVIEW 44
7.1.1 GLOBAL HEALTHY SNACKS MARKET ESTIMATES & FORECAST, BY CATEGORY, 2023–2030 45
7.2 CONVENTIONAL 45
7.2.1 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2030 45
7.3 ORGANIC 46
7.3.1 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2030 46
8 GLOBAL HEALTHY SNACKS MARKET, BY DISTRIBUTION CHANNEL 47
8.1 OVERVIEW 47
8.1.1 GLOBAL HEALTHY SNACKS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2023–2030 48
8.2 STORE-BASED 48
8.2.1 STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2030 48
8.3 NON-STORE-BASED 49
8.3.1 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2030 49
9 GLOBAL HEALTHY SNACKS MARKET, BY REGION 50
9.1 OVERVIEW 50
9.2 NORTH AMERICA 52
9.2.1 US 54
9.2.2 CANADA 55
9.2.3 MEXICO 56
9.3 EUROPE 57
9.3.1 GERMANY 59
9.3.2 UK 60
9.3.3 FRANCE 61
9.3.4 ITALY 62
9.3.5 SPAIN 63
9.3.6 REST OF EUROPE 64
9.4 ASIA-PACIFIC 65
9.4.1 CHINA 67
9.4.2 INDIA 68
9.4.3 JAPAN 69
9.4.4 AUSTRALIA & NEW ZEALAND 70
9.4.5 REST OF ASIA-PACIFIC 71
9.5 REST OF THE WORLD 72
9.5.1 SOUTH AMERICA 74
9.5.2 MIDDLE EAST 75
9.5.3 AFRICA 76
10 COMPETITIVE LANDSCAPE 77
10.1 INTRODUCTION 77
10.1.1 MARKET STRATEGY ANALYSIS 77
10.2 COMPETITIVE BENCHMARKING 78
10.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 79
10.3.1 NEW LAUNCHES 79
10.3.2 BRAND LAUNCHES 79
10.3.3 CAMPAIGN 80
10.3.4 PATRNERSHIPS 80
10.3.5 ACQUISTION 80
10.3.6 DIVERSIFICATION 81
10.3.7 INVESTMENTS 81
11 COMPANY PROFILES 82
11.1 GENERAL MILLS, INC. 82
11.1.1 COMPANY OVERVIEW 82
11.1.2 FINANCIAL OVERVIEW 83
11.1.3 PRODUCTS OFFERED 84
11.1.4 KEY DEVELOPMENTS 86
11.1.5 SWOT ANALYSIS 87
11.1.6 KEY STRATEGIES 87
11.2 TYSON FOODS, INC 88
11.2.1 COMPANY OVERVIEW 88
11.2.2 FINANCIAL OVERVIEW 89
11.2.3 PRODUCT OVERVIEW 89
11.2.4 KEY DEVELOPMENTS 90
11.2.5 SWOT ANALYSIS 91
11.2.6 KEY STRATEGIES 91
11.3 DOLE PLC 92
11.3.1 COMPANY OVERVIEW 92
11.3.2 FINANCIAL OVERVIEW 92
11.3.3 PRODUCTS OFFERED 92
11.3.4 KEY DEVELOPMENTS 94
11.3.5 SWOT ANALYSIS 95
11.3.6 KEY STRATEGIES 95
11.4 THE KRAFT HEINZ COMPANY 96
11.4.1 COMPANY OVERVIEW 96
11.4.2 FINANCIAL OVERVIEW 96
11.4.3 PRODUCTS OFFERED 97
11.4.4 KEY DEVELOPMENTS 97
11.4.5 SWOT ANALYSIS 97
11.4.6 KEY STRATEGIES 98
11.5 NESTLE S.A. 99
11.5.1 COMPANY OVERVIEW 99
11.5.2 FINANCIAL OVERVIEW 100
11.5.3 PRODUCTS OFFERED 101
11.5.4 KEY DEVELOPMENTS 101
11.5.5 SWOT ANALYSIS 102
11.5.6 KEY STRATEGIES 102
11.6 CONAGRA BRANDS, INC. 103
11.6.1 COMPANY OVERVIEW 103
11.6.2 FINANCIAL OVERVIEW 103
11.6.3 PRODUCTS OFFERED 104
11.6.4 KEY DEVELOPMENTS 104
11.6.5 KEY STRATEGIES 104
11.7 KELLOGG COMPANY 105
11.7.1 COMPANY OVERVIEW 105
11.7.2 PRODUCT OVERVIEW 105
11.7.3 PRODUCTS OFFERED 106
11.7.4 KEY DEVELOPMENTS 106
11.7.5 KEY STRATEGIES 106
11.8 PEPSICO, INC 107
11.8.1 COMPANY OVERVIEW 107
11.8.2 FINANCIAL OVERVIEW 108
11.8.3 PRODUCTS OFFERED 108
11.8.4 KEY DEVELOPMENTS 109
11.8.5 KEY STRATEGIES 109
11.9 MONDELEZ INTERNATIONAL, INC. 110
11.9.1 COMPANY OVERVIEW 110
11.9.2 FINANCIAL OVERVIEW 110
11.9.3 PRODUCTS OFFERED 111
11.9.4 KEY DEVELOPMENTS 111
11.9.5 KEY STRATEGIES 111
11.10 MARS, INC. 112
11.10.1 COMPANY OVERVIEW 112
11.10.2 FINANCIAL OVERVIEW 112
11.10.3 PRODUCTS OFFERED 112
11.10.4 KEY DEVELOPMENTS 113
11.10.5 KEY STRATEGIES 113
11.11 MADE IN NATURE 114
11.11.1 COMPANY OVERVIEW 114
11.11.2 FINANCIAL OVERVIEW 114
11.11.3 PRODUCTS OFFERED 114
11.11.4 KEY DEVELOPMENTS 115
11.11.5 KEY DEVELOPMENTS 115
11.12 HORMEL FOODS CORPORATION 116
11.12.1 COMPANY OVERVIEW 116
11.12.2 PRODUCT OVERVIEW 117
11.12.3 PRODUCTS OFFERED 117
11.12.4 KEY DEVELOPMENTS 118
11.12.5 KEY STRATEGIES 118
11.13 MEDIFAST, INC. 119
11.13.1 COMPANY OVERVIEW 119
11.13.2 FINANCIAL OVERVIEW 119
11.13.3 PRODUCTS OFFERED 120
11.13.4 KEY DEVELOPMENTS 120
11.13.5 KEY STRATEGIES 120
11.14 GIMME HEALTH FOODS INC. 121
11.14.1 COMPANY OVERVIEW 121
11.14.2 FINANCIAL OVERVIEW 121
11.14.3 PRODUCTS OFFERED 121
11.14.4 KEY DEVLEOPMENTS 121
11.14.5 KEY STRATEGIES 122
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