Market Analysis

The high inclination towards snacks among the youth population followed by increasing health awareness among them is driving the growth of healthy snacks market. Rising health issues among the population has inclined them towards healthy eating which is bringing surge in the demand for healthy snacks. Also, variety in the product range in terms of taste, flavors, and shapes is attracting the consumers towards its consumption. Moreover, the manufacturers are also focusing on bringing innovative product range of healthy snacking to be competitive in the market. This will uplift the growth of healthy snacks market in the coming years. Intake of snacks has increased in recent times, mainly in developed countries and the trend continues to shift in developing countries too. Snacks are consumed everywhere from theater, to workplace, to car by the snack lovers. This will have a wide impact on the consumption of healthy snacking. Also, consumers are likely to shift towards healthy ingredients in snack products owing to aided health support associated with the consumption.  

With growing trend of on the go eating consumption of snacks is subsequently increased in recent times. Eating snacks make big impact on health as they make large portion of diet. Snacking on junk food is leading to various health issues such as obesity, heart diseases, diabetes and other chronic diseases. 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. Moreover, manufacturers are introducing variety of healthy products such as roasted snacks, gluten free, sugar free, whole grain products to attract consumers. This will support market growth of healthy snack during the forecast period

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Major Key Players

The key players involved in this market are highly focused into new product launches. Manufacturers are coming up with new product lines in snacks emphasizing on healthy snacking. For increasing their product range in healthy snacking, manufacturers are also undergoing strategic mergers and acquisitions. Moreover, through these strategic expansions, they are aiming at increasing their geographical presence in the market. Also, there is continuous investment in R&D to launch new range of healthy snacks in the market.

The key players profiled in the Healthy Snacks Market are

• Medifast, Inc. (U.S.),
• Bel Brands USA,
• General Mills Inc. (U.S.),
• Dole Food Company, Inc (U.S.),
• Sun-Maid (U.S.),
• Mondelez International, Inc. (U.S.),
• No Limit, LLC (U.S.),
• L T Foods (India),
• Danone (France)

Latest Industry Updates

Oct-2017 L T Foods launched its premium rice-based snacks brand Kari Kari in India. This product launch will attract huge consumers looking forward for healthy snacks.

Oct 2017 Danone India Pvt. launched its new product portfolio of nutrition and dairy products meant for the healthy snacks market in India. The new product protinex byte which is a protein multigrain biscuit meant for office-going consumers looking for a healthy snack on the go.

Mar 2017 Bare Snacks launched its innovative new snacks line, bare Chia Coconut Bites, which would be available in three crave-ably crunchy flavors including Chia + Vanilla, Chia + Pineapple and Chia + Flax. Growing consumer demand for healthy snacks has pushed the company to come with innovative and healthier products.

Market Segments

The global healthy snacks market has been divided into product type, claim, packaging material, distribution channel and region.

Based on Product Type: Sweet Snacks, Savory Snacks, and Others

Based on Claim: gluten-free, low-fat, sugar-free, and others

Based on Packaging material: paper, plastic, and others

Based on Distribution Channel: Store Based and Non-Store Based  

 Based on Region: North America, Europe, Asia Pacific and ROW.

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Regional Analysis

Based on region, the Global Healthy Snacks Market is mainly segmented into Europe, North America, Asia Pacific, and RoW. North America is witnessed to dominate among all the regions owing to the presence of key players in this region and continuous product launches by them. Moreover, Europe is gaining a substantial growth owing to changing consumer perception regarding snacks among the youth. The youth population is more concerned for their weight loss which makes them more inclined towards healthy eating. Also, wide range of product offerings in healthy snacks is anticipated to uplift the overall market in this region.

Furthermore, Growth of food & beverage industry in developing countries such as China and India associated with cheap and skilled workers is expected to surge the level of production. Additionally, rising health awareness among the population will increase the demand for healthy snacks over the forecast period.

Healthy snack is a peoples pursuit of health in snack.In fact, due to the accelerated pace of work and life, meals are becoming shorter and shorter, nutritional intake is inevitable not comprehensive, timely supplement of some snacks, can supplement the inadequate nutritional intake of the meal, but also can resist fatigue, relieve stress, these healthy snacks are healthy snacks.
The global Healthy Snack market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 20192025. The objectives of this study are to define, segment, and project the size of the Healthy Snack market based on company, product type, end user and key regions.

This report studies the global market size of Healthy Snack in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Healthy Snack in these regions.
This research report categorizes the global Healthy Snack market by top players/brands, region, type and end user. This report also studies the global Healthy Snack market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
General Mills
Mondelez International
PepsiCo Foods
Nestle
B&G Food
The Kellogg

Market size by Product
Cereal & Granola Bars
Nuts & Seeds Snacks
Meat Snacks
Dried Fruit Snacks
Trail Mix Snacks
Market size by End User
Substitute Meal
Nutritional Supplement

Market size by Region
North America
United States
Canada
Mexico
AsiaPacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Healthy Snack market size value & volume by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Healthy Snack market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industryspecific challenges and risks.
Focuses on the key global Healthy Snack companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Healthy Snack submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Healthy Snack are as follows:
History Year: 20142018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value million US$ and volume K MT. Both topdown and bottomup approaches have been used to estimate and validate the market size of Healthy Snack market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.