About Healthy Snack
Healthy snacks are type of sack which contains low sodium level, no added sugar, vitamins, nutrients, and low saturated fats. Healthy snacks are high in fiber and protein content and helps to maintain energy levels for the entire day. The intake of healthy snacks is growing on account of their ability to meet several dietary requirements such as sugar-free, low salt content, and low cholesterol levels. Due to growing heath concern related to snacking consumers are now more inclined toward healthy eating habits which is bringing surge in demand for healthy snacks. The manufacturers are introducing variety of healthy products such as roasted snacks, gluten free, sugar free, whole grain products to attract consumers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Healthy Snack market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
General Mills, Inc. (United States), PepsiCo, Inc. (United States), Select Harvests (Australia), Nestlé S.A. (Switzerland), B & G Foods, Inc. (United States), The Kellogg Company (United States), Calbee, Inc. (Japan), L T Foods (India), Danone (France) and Mondelez International, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Healthy Snack market by Type (Cereal and Granola Bars, Nuts and Seeds Snacks, Meat Snacks, Dried Fruit and Trail Mix Snacks) and Region.
On the basis of geography, the market of Healthy Snack has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Healthy Snack market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Boxes will boost the Healthy Snack market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Claim, the sub-segment i.e. Gluten-free will boost the Healthy Snack market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Consumer Focus on Nutritional Values and Increasing Awareness Regarding the Health Benefits Offered by Healthy Snacks
Market Growth Drivers:
Growing Emphasis by Consumers on Quality Products in Developed Economies and Increased Spending on Healthy Snacks due to Rising Disposable Income of Consumers
Challenges:
High Cost of Production Due To Volatile Raw Material Price
Restraints:
Strict Regulations by Various Regulatory Authorities
Opportunities:
Rising Investments to Develop Innovative Quality Offerings and Increasing Demand for Nutritious Food Products
Market Leaders and their expansionary development strategies
In January 2023, Ghodawat Consumer Limited (GCL), the FMCG arm of Sanjay Ghodawat Group (SGG) has acquired – Delhi-based start-up ‘To Be Honest’ (TBH), which offers a range of healthy and unique vegtables and fruit snacks.
In November 2023, Myna Snacks, the food company on a mission to create positive relationships with snacking, today launches with its first product, the Midnight Mini Cookie, with more snack options to follow. The CPG challenger is co-founded by tastemaker Imane Anys, best known as Pokimane, the most followed female streamer on Twitch, and Darcey Macken, an industry veteran who honed her skills with household titans like Kellogg’s and noosa yogurt.
United Kingdom: European Regulation (EC) No 1924/2006 on nutrition and health claims made on food. This section provides background information about Regulation 1924/2006 and a brief summary of the key controls it introduces.
Key Target Audience
Manufacturers of Healthy Snacks, Raw Material Suppliers, Suppliers of Healthy Snacks, Wholesalers, Distributers and Retailers of Healthy Snacks, Research Organization and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.