Global Healthy Snacks Market Size to Exceed USD 173.12 Billion By 2033
According to a research report published by Spherical Insights & Consulting, The Global Healthy Snacks Market Size is Expected to Grow from USD 94.62 Billion in 2023 to USD 173.12 Billion by 2033, at a CAGR of 6.23% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Healthy Snacks Market Size, Share, and COVID-19 Impact Analysis, By Product (Frozen & Refrigerated, Fruit, Nuts & Seeds, Bakery, Savory, Bars & Confectionery, and Dairy), By Packaging (Bag & Pouches, Boxes, Cans, Jars, and Others), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
The global healthy snacks market refers to the industry focused on creating, distributing, and consuming wholesome and practical snack options that support general health. These snacks are designed to minimize artificial additives, excessive sweets, and bad fats while providing health advantages, including high protein, fiber, vitamins, and minerals. Key driving factors for the growth of the healthy snacks market include rising consumer awareness regarding wellness and health. Additionally, the demand for rapid yet healthful substitutes has increased due to the shift in lifestyle toward hectic schedules and on-the-go eating habits. However, more costly than conventional snacks, nutritious snacks are difficult to reach for consumers on low incomes. Complex production procedures and the use of premium, natural, or organic ingredients frequently constitute contributing factors to premium pricing.
The nuts & seeds segment accounted for the largest revenue share in 2023 and is projected to grow at a significant CAGR during the forecast period.
On the basis of product type, the global healthy snacks market is divided into frozen & refrigerated, fruit, nuts & seeds, bakery, savory, bars & confectionery, and dairy. Among these, the nuts & seeds segment accounted for the largest revenue share in 2023 and is projected to grow at a significant CAGR during the forecast period. The segment growth is attributed to increasing health consciousness, the need for natural and nourishing snacks, the inclination for plant-based protein, ease of use, and growing knowledge of their positive aspects for heart health and weight control.
The bag & pouches segment accounted for the highest revenue share in 2023 and is anticipated to grow at a substantial CAGR during the forecast period.
On the basis of packaging, the global healthy snacks market is divided into bag & pouches, boxes, cans, jars, and others. Among these, the bag & pouches segment accounted for the highest revenue share in 2023 and is anticipated to grow at a substantial CAGR during the forecast period. The segment growth is driven because of its portability, resealability, freshness conservation, sustainability, cost-effectiveness, and aesthetic appeal, satisfying the requirements of consumers who are constantly on the go and the growing desire for eco-friendly, useful options for packaging.
The supermarkets & hypermarkets segment accounted for the largest market share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
On the basis of distribution channel, the global healthy snacks market is divided into supermarkets & hypermarkets, convenience stores, online, and others. Among these, the supermarkets & hypermarkets segment accounted for the largest market share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment growth is driven because of extensive retail networks, competitive pricing, strategically located stores, increased customer confidence, special offers, and the capacity to provide an exhaustive, in-person healthy snack shopping experience.
North America is anticipated to hold the largest share of the global healthy snacks market over the predicted timeframe.
North America is anticipated to hold the largest share of the global healthy snacks market over the predicted timeframe. The regional market growth can be attributed to growing awareness of medical concerns, an increase in the incidence of chronic illnesses, a high level of disposable money, an effective retail infrastructure, and the broad availability of imaginative, organic, and useful snacks. Further supporting market expansion throughout the region is the rising motivation for plant-based, low-sugar, and high-protein substitutes.
Asia Pacific is expected to grow at the fastest CAGR in the global healthy snacks market during the forecast period. They expanding rapidly as a consequence of growing urbanization, clean-label trends, creative flavors, recycled ingredients, probiotics rich in antioxidants functional foods, and increased health consciousness. Strong market increase in this region continues to be stimulated by manufacturers' commitment to gut health, immunity-boosting food, and sustainable production.
Company Profiling
Major vendors in the global healthy snacks market are Nestlé S.A., Kellanova (The Kellogg Company), Unilever, Danone, PepsiCo, Mondelez International, Hormel Foods Corporation, Del Monte Foods, Inc., Select Harvest, Monsoon Harvest, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In June 2024, Nutraj recently launched the NutrajSnackrite Daily Nutrition Pack. This innovative product offers a variety of trail mix pouches, combining nuts, seeds, and dried fruits to cater to diverse tastes and nutritional needs. Nutraj's commitment to quality and health shines through in this launch, aiming to redefine snacking habits by adding seven distinct flavours.
Market Segmen
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global healthy snacks market based on the below-mentioned segments:
Global Healthy Snacks Market, By Product
- Frozen & Refrigerated
- Fruit
- Nuts & Seeds
- Bakery
- Savory
- Bars & Confectionery
- Dairy
Global Healthy Snacks Market, ByPackaging
- Bag & Pouches
- Boxes
- Cans
- Jars
- Others
Global Healthy Snacks Market, By Distribution Channel
- Supermarkets & Hypermarkets
- Convenience Stores
- Online
- Others
Global Healthy Snacks Market, Regional
- North America
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa