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In 2022, the market for healthy snacks was estimated to be worth $0.19 billion. During the projection period (2023-2030), the healthy snacks market is expected to expand from its current valuation of USD 0.099 Billion to a value of USD 0.18 Billion. Key market drivers boosting market expansion include consumers' growing awareness of the health benefits of healthy snacks, such as their high protein, vitamin, and low-calorie content.
The market for healthy snacks is expanding as a result of rising awareness and the adoption of wellness programs in the workplace. Constant innovation and a widening selection of products are propelling this industry forward. Manufacturers are constantly trying to keep up with consumers' changing snacking habits and preferences by releasing new and exciting products.
They are putting a premium on the creation of novel tastes, the use of interesting products, and the adoption of cutting-edge culinary techniques, which has led to an abundance of nutritious snack options. In May 2023, for instance, Nourish Organics, an industry leader in clean label and superfoods, introduced Popeas, billed as the world's healthiest bag of chips. There are 12 grams of protein and zero additives or preservatives in this baked (not fried) delight. It's also gluten-free and vegan, so it may be enjoyed by people with a wide range of dietary restrictions.
As disposable income has increased, people have begun snacking more frequently to alleviate the stress of their hectic workdays and hectic personal lives. However, due to their high oil and sugar content, snacks have a long history of being associated with negative health outcomes like obesity, diabetes, and hypertension. Demand, however, is quickly turning away from oily-spicy goods and toward healthy, sugar-free, low-calorie snacks packaged in individual serving sizes. This major shift is responsible for the boom in the business sector.
Consumers' interest in eating healthier and avoiding lifestyle-related chronic diseases has led to a rise in the demand for functional foods around the world. More and more shoppers are on the lookout for healthier alternatives in grocery stores. Micronutrient, protein, fiber, organic, plant-based, and clean-label items are just some of the functionally enhanced foods that have entered the mainstream in grocery stores. Market expansion of healthy snacks is being fueled by the increased promotion of such functional meals for weight management, digestive health improvement, and lowering the risk of obesity, diabetes, and cardiovascular illnesses.
Problems that arise during production are a major hindrance to the healthy snack industry. Consumers pay close attention to the crispiness and texture of a food before making a purchase. The texture of a finished product is affected by changes to its constituents, such as the reduction or elimination of fats and sugars and the addition of whole grains. There are similar challenges with the storage and longevity of fruit and vegetable snacks. Without additives that aid in emulsification, stability, and creamy texture, the development of clean-label snacks such additive-free and preservative-free products may also present difficulties. The processing community can look forward to overcoming these obstacles with the aid of ongoing developments and technological advancements.
The increasing need for portable, ready-to-eat meals is a major reason in the growth of the healthy snack industry. Recent "state of snacking" research by Mondelz International found that, compared to eating a few of large meals, nearly 60% of adults throughout the world would rather eat a series of smaller meals more frequently throughout the day. These compact, lightweight packs provide sustained energy for long hours on the job. As a result, the CAGR of the healthy snacks market has been boosted in recent years by the rising trend of on-the-go snacking.
Custom healthy snacks are another emerging trend in the industry. As a result, there has been a recent uptick in interest in individualized diet plans. Cholesterol- and ketogenic-friendly snacks are rising in popularity, as are those that boost mood, nourish the stomach, and promote restful sleep. Vegetarian jerky was the first plant-based product released by PepsiCo and Beyond Meat in March 2022. To develop nutritious plant-based snacks and drinks, the companies have joined together under the PLANeT Partnership. As a result, the rising price of mass-produced snacks isn't the only thing fueling the expansion of the healthy snacking sector.
Report Coverage
Global Healthy Snacks research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Healthy Snacks report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Healthy Snacks competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Healthy Snacks market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Healthy Snacks market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Healthy Snacks market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
I.T.C. Limited (India), Kambly SA (Switzerland),vMondelez International (U.S.), PepsiCo (U.S.), The Kraft Heinz Company (U.S.), Annie's Homegrown, Inc. (U.S.), Parle Products Pvt. Ltd. (India), Patanjali Ayurved (India), Britannia (India), Kellogg Co (U.S.), pladis global (U.K.), Walkers Shortbread Ltd (U.K.), Lotus Bakeries NV (Belgium), Nestle SA (Switzerland), Burton’s Foods Ltd. (U.K.)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Healthy Snacks market based on the below-mentioned segments:
Global Healthy Snacks Market, By Product Type
Sweet Snacks
Savory Snacks
Others
Global Healthy Snacks market, By Packaging
Jars
Boxes
Pouches
Cans
Others
Global Healthy Snacks Market, By Distribution Channel
Store-based
Non-store-based
Others
Global Healthy Snacks market, Regional Analysis
The market for healthy snacks is expanding as a result of rising awareness and the adoption of wellness programs in the workplace. Constant innovation and a widening selection of products are propelling this industry forward. Manufacturers are constantly trying to keep up with consumers' changing snacking habits and preferences by releasing new and exciting products.
They are putting a premium on the creation of novel tastes, the use of interesting products, and the adoption of cutting-edge culinary techniques, which has led to an abundance of nutritious snack options. In May 2023, for instance, Nourish Organics, an industry leader in clean label and superfoods, introduced Popeas, billed as the world's healthiest bag of chips. There are 12 grams of protein and zero additives or preservatives in this baked (not fried) delight. It's also gluten-free and vegan, so it may be enjoyed by people with a wide range of dietary restrictions.
As disposable income has increased, people have begun snacking more frequently to alleviate the stress of their hectic workdays and hectic personal lives. However, due to their high oil and sugar content, snacks have a long history of being associated with negative health outcomes like obesity, diabetes, and hypertension. Demand, however, is quickly turning away from oily-spicy goods and toward healthy, sugar-free, low-calorie snacks packaged in individual serving sizes. This major shift is responsible for the boom in the business sector.
Consumers' interest in eating healthier and avoiding lifestyle-related chronic diseases has led to a rise in the demand for functional foods around the world. More and more shoppers are on the lookout for healthier alternatives in grocery stores. Micronutrient, protein, fiber, organic, plant-based, and clean-label items are just some of the functionally enhanced foods that have entered the mainstream in grocery stores. Market expansion of healthy snacks is being fueled by the increased promotion of such functional meals for weight management, digestive health improvement, and lowering the risk of obesity, diabetes, and cardiovascular illnesses.
Problems that arise during production are a major hindrance to the healthy snack industry. Consumers pay close attention to the crispiness and texture of a food before making a purchase. The texture of a finished product is affected by changes to its constituents, such as the reduction or elimination of fats and sugars and the addition of whole grains. There are similar challenges with the storage and longevity of fruit and vegetable snacks. Without additives that aid in emulsification, stability, and creamy texture, the development of clean-label snacks such additive-free and preservative-free products may also present difficulties. The processing community can look forward to overcoming these obstacles with the aid of ongoing developments and technological advancements.
The increasing need for portable, ready-to-eat meals is a major reason in the growth of the healthy snack industry. Recent "state of snacking" research by Mondelz International found that, compared to eating a few of large meals, nearly 60% of adults throughout the world would rather eat a series of smaller meals more frequently throughout the day. These compact, lightweight packs provide sustained energy for long hours on the job. As a result, the CAGR of the healthy snacks market has been boosted in recent years by the rising trend of on-the-go snacking.
Custom healthy snacks are another emerging trend in the industry. As a result, there has been a recent uptick in interest in individualized diet plans. Cholesterol- and ketogenic-friendly snacks are rising in popularity, as are those that boost mood, nourish the stomach, and promote restful sleep. Vegetarian jerky was the first plant-based product released by PepsiCo and Beyond Meat in March 2022. To develop nutritious plant-based snacks and drinks, the companies have joined together under the PLANeT Partnership. As a result, the rising price of mass-produced snacks isn't the only thing fueling the expansion of the healthy snacking sector.
Report Coverage
Global Healthy Snacks research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Healthy Snacks report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Healthy Snacks competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Healthy Snacks market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | I.T.C. Limited (India), Kambly SA (Switzerland),vMondelez International (U.S.), PepsiCo (U.S.), The Kraft Heinz Company (U.S.), Annie's Homegrown, Inc. (U.S.), Parle Products Pvt. Ltd. (India), Patanjali Ayurved (India), Britannia (India), Kellogg Co (U.S.), pladis global (U.K.), Walkers Shortbread Ltd (U.K.), Lotus Bakeries NV (Belgium), Nestle SA (Switzerland), Burton’s Foods Ltd. (U.K.) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Healthy Snacks Market from 2021 to 2030.
- Market Forecast for Healthy Snacks Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Healthy Snacks competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Healthy Snacks
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Healthy Snacks market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Healthy Snacks market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
I.T.C. Limited (India), Kambly SA (Switzerland),vMondelez International (U.S.), PepsiCo (U.S.), The Kraft Heinz Company (U.S.), Annie's Homegrown, Inc. (U.S.), Parle Products Pvt. Ltd. (India), Patanjali Ayurved (India), Britannia (India), Kellogg Co (U.S.), pladis global (U.K.), Walkers Shortbread Ltd (U.K.), Lotus Bakeries NV (Belgium), Nestle SA (Switzerland), Burton’s Foods Ltd. (U.K.)
Primary Target Market
- Market Players of Healthy Snacks
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Healthy Snacks market based on the below-mentioned segments:
Global Healthy Snacks Market, By Product Type
Sweet Snacks
Savory Snacks
Others
Global Healthy Snacks market, By Packaging
Jars
Boxes
Pouches
Cans
Others
Global Healthy Snacks Market, By Distribution Channel
Store-based
Non-store-based
Others
Global Healthy Snacks market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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