Food & Beverages
Food & Beverages

Healthy Snacks Market Size & Trends Analysis Report By Product (Bars, Chips, Nuts and seed mixes, Yogurts and Others), By Claim (Gluten-free, Low/No Fat, Whole grain, Fiber-rich, High protein, and Others), By Distribution (Online and Offline), By Region, And Segment Forecasts, 2023 - 2030

Report ID : 3074
Date : 2024-02-05
No of Pages : 150
Format : PDF

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Report Overview

The healthy snacks market was valued at 82.04 billion in 2022 and expected to grow at CAGR of 6.2% over forecast period.

Increased awareness of the importance of a healthy lifestyle and balanced diet has prompted consumers to seek healthier snack options. They are more inclined to choose snacks that offer nutritional benefits. As individuals aim to prevent health issues and maintain well-being, they turn to snacks with functional ingredients, such as those promoting heart health, digestive health, or immune support. Consumers prefer snacks with clean labels that use natural and minimally processed ingredients. They are wary of artificial additives, preservatives, and high levels of added sugars. Which are driving growth of healthy snacks market.

In addition, the markets for gluten-free and allergen-free snacks continues to grow as consumers with dietary restrictions seek safe and enjoyable snacking options. Also, Companies are offering personalized snack options, allowing consumers to customize ingredients and flavors according to their preferences and dietary needs.

In addition, the rise of e-commerce and online marketplaces allows consumers to access a wide range of healthy snacks and have them delivered conveniently. Brands and marketing efforts that emphasize health claims, nutritional benefits, and transparency in sourcing resonate with consumers and boost sales.

Product Outlook

Based on product, the healthy snacks market is segmented into bars, chips, nuts and seed mixes, yogurts and others. Nuts and seed mixes segment accounted for largest share in 2022. Nuts, such as almonds, walnuts, and cashews, are packed with essential nutrients like protein, healthy fats, fiber, vitamins, and minerals. They provide sustained energy and are seen as a nutritious snack option. Nuts are associated with heart-healthy benefits. Their monounsaturated and polyunsaturated fats, as well as various bioactive compounds, can help reduce the risk of heart disease. Nuts are a source of plant-based protein, making them a satisfying snack choice for individuals seeking to increase protein intake or manage their weight.

Furthermore, nuts are known for their satiating properties. Consuming nuts can help curb hunger and reduce overall calorie consumption, making them an ideal snack for weight management. Nuts have a low glycemic index, which means they have a minimal impact on blood sugar levels. This is appealing to individuals with diabetes or those looking for snacks that do not cause rapid spikes in blood sugar.

Thus, nuts and trail mixes have become go-to choices for health-conscious consumers seeking convenient, nutrient-dense, and satisfying snack options. Their combination of taste, nutrition, and versatility positions them as key drivers of growth in the healthy snacks market.

Regional Outlook

Asia-Pacific has emerged as leading market for healthy snacks market in 2022. The Asia-Pacific region is a significant driver of growth in the healthy snacks market due to North America has a substantial population of health-conscious consumers who are actively seeking better-for-you snack options. This demographic is interested in snacks that offer nutritional benefits while satisfying cravings. In addition, High obesity rates and increasing concerns about chronic diseases, such as diabetes and heart disease, have prompted consumers to adopt healthier eating habits, including the consumption of nutritious snacks.

Moreover, High-protein snacks, including protein bars, nuts, and jerky, have gained popularity in North America. These snacks cater to consumers seeking satiety, muscle recovery, and weight management. The region has witnessed a surge in plant-based diets and veganism. This has driven the demand for plant-based and vegan snacks, such as veggie chips, nut-based products, and plant protein snacks.

Thus, North America's health-conscious population, dietary trends, busy lifestyles, and a strong emphasis on clean label and functional ingredients make it a driving force in the growth of the healthy snacks market. As consumer preferences continue to evolve toward healthier snacking options, the demand for nutritious and convenient snacks is expected to remain robust in the region.

Healthy Snacks Market Report Scope

Report Attribute Details
Market Value in 2022 USD 82.04 Billion
Forecast in 2030 USD 132.32 Billion
CAGR CAGR of 6.2% from 2023 to 2030
Base Year of Forecast 2022
Historical 2018-2021
Units Revenue in USD Billion and CAGR from 2023 to 2030
Report Coverage Revenue forecast, Industry outlook, competitive landscape, growth factors, and trends
Segments Scope By Extract Type, By Form
Regions Covered North America, Europe, Asia Pacific, CSA and MEA
Key Companies Profiled Select Harvests, Kellogg, Pepsico, Mondelez, Danone, Nestlé, Unilever, Tyson Foods, Hormel Foods Corporation, B&G Foods and Monsoon Harvest among others

Global Healthy Snacks Market, Report Segmentation

Healthy Snacks Market, By Product

  • Bars
  • Chips
  • Nuts and seed mixes
  • Yogurts
  • Others

Healthy Snacks Market, By Claim

  • Gluten-free
  • Low/No Fat
  • Whole grain
  • Fiber-rich
  • High protein
  • Others

Healthy Snacks Market, By Distribution Channel

  • Online
  • Offline

Healthy Snacks Market, Regional Outlook

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • UK
  • Spain
  • Russia
  • France
  • Italy

Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia

CSA

  • Brazil
  • Argentina

MEA

  • UAE
  • Saudi Arabia
  • South Africa

TABLE OF CONTENTS

EXECUTIVE SUMMARY

1       Market Overview

2       Market Drivers

3       Market Restraints

4       Market Challenges

5       Market Opportunities

5.3        Porter’s Five Analysis

5.4        Covid-19 Impact

6       Healthy Snacks Market, By Product

6.1 Bars

6.2 Chips

6.3 Nuts and seed mixes

6.4 Yogurts

6.5 Others

7 Healthy Snacks Market, By Claim

7.1 Gluten-free

7.2 Low/No Fat

7.3 Whole grain

7.4 Fiber-rich

7.5 High protein

7.6 Others

8 Healthy Snacks Market, By Distribution Channel

8.1 Online

8.2 Offline

7       Major Developments and Strategic Initiatives

8       Market Positioning

9       Market Share Analysis

10         North America

10.1      U.S.

10.2      Canada

10.3      Mexico

11         Europe

11.1      Germany

11.2      UK

11.3      Spain

11.4      Russia

11.5      France

11.6      Italy

12         Asia Pacific

12.1      China

12.2      Japan

12.3      India

12.4      South Korea

12.5      Australia

13         CSA

13.1      Brazil

13.2      Argentina

14         MEA

14.1      UAE

14.2      Saudi Arabia

14.3      South Africa

15         Company Profiles

15.1      Pepsico

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4       Strategic Initiatives

15.2      Select Harvests

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.3   Kellogg

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.4   Mondelez

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

  1. 5 Danone

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.6 Nestlé

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.7 Tyson Foods

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.8 Monsoon Harvest

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.9 B&G Foods

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.10 Hormel Foods Corporation

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

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