Posted by Healthy Snacks Market Outlook
According to the report by Expert Market Research (EMR), the global healthy snacks market size, is projected to grow at a CAGR of 6.70% between 2023 and 2028. Aided by the escalating demand for nutrition-rich food products and the proliferating usage of healthy snacks in diverse sectors, the market is expected to grow significantly by 2028.
Healthy snacks are food items that provide nutritional benefits and promote better health. They are often packed with essential vitamins, minerals, proteins, and fibre, with low quantities of sodium, sugar, and unhealthy fats. These snacks include nuts and seeds, fruits, yoghurt, nutrition bars, and protein snacks among others. They play a crucial role in managing hunger between meals, improving diet quality, and maintaining energy levels throughout the day. Healthy snacks are finding increased acceptance not only among health-conscious consumers but also across various sectors such as corporate offices, schools, and fitness centres.
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The growing consumer preference for nutrition-rich food products is a significant driver for the global healthy snacks market growth. With increased awareness of the health benefits associated with balanced dietary habits, there has been a notable shift towards diets rich in healthy snacks, leading to a surge in demand for such products. Additionally, the burgeoning trend of health and fitness has further boosted the popularity of healthy snacks, as they are a common component of diet plans for athletes, fitness enthusiasts, and weight-conscious consumers.
The broadening applications of healthy snacks in various sectors also substantially fuel the healthy snacks market development. In corporate sectors, healthy snacks are becoming popular as a part of employee wellness programs. Schools are incorporating healthy snacks in their cafeteria menus to promote better dietary habits among students. Fitness centres and gyms often recommend healthy snacks for their clients for improved performance and recovery.
Moreover, the rising demand for plant-based and allergen-free alternatives in the food and beverage industry has led to an increased focus on healthy snacks as a viable food choice. With the surge in vegetarianism, veganism, and the popularity of special diets such as gluten-free and dairy-free diets, healthy snacks have emerged as an integral part of these dietary trends, thus bolstering the healthy snacks market expansion.
Furthermore, innovations in product formulations and packaging, backed by aggressive marketing strategies, have also contributed to the growth of the healthy snacks market. The advent of snacks fortified with probiotics, plant-based proteins, and superfoods caters to the evolving consumer demand for added functional benefits. At the same time, convenient, portion-controlled packaging appeals to the growing segment of on-the-go consumers who seek quick and nutritious snacking options.
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Healthy Snacks Market Segmentation
The market can be divided based on type, distribution channel, and region.
Market Breakup by Type
- Nuts, Seeds, and Trail Mixes
- Dried Fruit Snacks
- Cereals and Granola Bars
- Meat Snacks
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarket
- Convenience Stores
- Speciality Stores
- Online
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global healthy snacks companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- General Mills, Inc.
- Nestlé S.A.
- Unilever PLC
- Tyson Foods, Inc
- Del Monte Foods, Inc
- Others
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