Report ID: SQMIG30I2223
Report ID:
SQMIG30I2223 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
59 |
Figures:
77
Global Healthy Fruit & Vegetables Chips Market size was valued at USD 13.80 billion in 2022 and is poised to grow from USD 14.28 billion in 2023 to USD 26.83 billion by 2031, at a CAGR of 8.2% during the forecast period (2024-2031).
The market for fruit and vegetable chips is growing as a result of consumer demand for convenient, healthful, ready-to-eat snacks. The National Library of Medicine found that the percentage of people who snack has climbed significantly from 18.9% to 45% in its report. The pandemic epidemic has prompted roughly 31.0% of consumers to hunt for vitamins and minerals in their snacks, according to the National Online Consumer Survey. The market is expanding as a result of rising consumer interest in consuming functional foods. In January 2022, around 80% of customers in the U.S. will be looking for snacks to improve their physical health, according to a Sosland Publishing Company article. Additionally, over the course of the projection period, the market is anticipated to grow as a result of consumers adopting plant-based diets and healthier snacking habits. Because of a sedentary lifestyle, obesity and diabetes are becoming more prevalent among consumers, which is expected to boost demand for nutritious snacks like fruit and vegetable chips. Additionally, obesity has been classified as a public health issue in the US. The World Health Organisation predicts that 32% of adults in the United States and 40% of adults worldwide would be obese. These demographic trends are motivating an increasing number of consumers to switch to healthier snack options and maintain a healthy weight. However, the high cost of Healthy Fruit and Vegetable Chips limits market growth over the course of the projection period (2022-2029).
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Report ID: SQMIG30I2223