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