Healthy Snacks Market Insights: Companies with Revenue and Forecast 2030
Healthy Snacks Market –
Overview
The
increasing popularity of snacks among the young population has boosted the
global healthy snacks market. Market Research Future, a firm which specializes
in market reports related to the Food, Beverages & Nutrition sector among
others, recently forecasted in its report on Global Healthy Snacks Market Report
Forecast to 2030 that the market will demonstrate an exceptional CAGR 6.82%
while achieving 106.55 million growth readily in the forecast period.
People are
demanding varieties in snacks which are healthy to eat; this has encouraged
companies to launch new products. Several companies have been announcing the
launch of healthy products with new tastes, flavors, and shapes to maintain
their competitiveness in the market. Moreover, customers’ increasing
inclination towards healthy ingredients in snacks is compelling the healthy
snacks companies to innovate their products for customer retention.
Earlier
snacks were considered as a break time light food. However, in the recent times
people have been increasingly eating them between the meals. Snacks are being
considered as fourth meal of the day in the U.S. Americans are forerunners
amongst the snacks eaters between the meals as they love to snacks everywhere
from theater, to workplace, to car, and even on the subway. This trend has a
wide impact over the global healthy
snacks market outlook owing to changing consumer preference towards healthy
diet. Additionally, consumers are likely to shift towards healthy ingredients
in snacks products owing to aided health support associated with the
consumption.
Furthermore,
healthy snacks with ingredients such as fiber and high protein content
beneficial in improving digestion are supporting the market growth.
Additionally, ongoing R&D activities in healthy snacks to add up healthy
ingredients for better nutritional support are adding fuel in the growth of
Healthy Snacks market.
Healthy Snacks Market -
Competitive Analysis
The Key
Players of the Healthy Snacks Market are Madeinnature (U.S.), Lesserevil
(U.S.), Heavenlytasty (U.K), Beanitos Inc (U.S.), Peeledsnacks (U.S.), Latejuly
Snacks (U.S.), and Conagra Brands Inc. (U.S.).
Healthy Snacks Market – Segments
The global
healthy snack market outlook has been divided into three categories: source,
nutrition, and region.
On the
Basis of Source: Grains and Pulses, Vegetables, Fruit, Dried Fruit, and Others
On the
Basis of Nutrition: Low Fat, Free of Trans-Fat, Sugar Free and Others
on the
basis of region: North America, Europe, Asia Pacific, and ROW.
Healthy
Snack Market: Regional Analysis
The global
market for healthy snacks is segmented into North America, Europe, APAC, and
the Rest of the World (RoW). Europe is dominating among all the regions owing
to changing consumer perception regarding snacks among the youth. The younger
population is looking forward to receiving higher nutritional support from the
snacks, which is considered to be the major driving factor in this region.
Additionally, wide range offerings in healthy snacks are anticipated to the
uplift the overall healthy
snacks market insights in this region.
Furthermore,
growing food & beverage product manufacturing in developing countries such
as China and India associated with cheap and skilled workers is predicted to
surge the level of production. Additionally, increased demand from the food
industry in Asia Pacific region is likely to uplift the market growth over
review period.
Latest Industry Updates
·
Oct-2017
L T Foods launched its premium rice based snacks brand Kari Kari
in India. This product launch will attract huge consumers looking forward for
healthy snacks. Also, the company is highly focused on technological
advancement for new product launch.
·
Oct
2017 Danone India Pvt. launched its new product portfolio of nutrition
and dairy products meant for the healthy snacks market in India. The new
product protinex byte which is a protein multigrain biscuit meant for
office-going consumers looking for a healthy snacks on the go. The company is
focused on new product launch with introducing nutritional and healthy
ingredients in its wide range of snacks products.
·
Sep
2017 Whitworths company added to its growing snacking portfolio with
the launch of new range alternative to healthy snacks. The company is highly
motivated towards new product launches to meet up increasing consumer demands.
·
Mar
2017 Bare Snacks, creator of delicious Snacks Gone Simple, launched
its innovative new snacks line, bare Chia Coconut Bites, which would be
available in three crave-ably crunchy flavors including Chia + Vanilla, Chia +
Pineapple and Chia + Flax. Growing consumer demand for healthy snacks has
pushed the company to come with innovative and healthier products.
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