Global healthy snack market

Healthy Snack Market Size, Share, Growth Analysis, By Product(Frozen & refrigerated, fruit, bakery, savory), By Distribution channel(Supermarkets & hypermarkets, convenience stores, online, and others), By Region - Industry Forecast 2025-2032


Report ID: SQMIG30I2141 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 67 | Figures: 74

Healthy Snack Market Insights

Healthy Snack Market size was valued at USD 89.12 Billion in 2023 and is poised to grow from USD 94.56 Billion in 2024 to USD 151.87 Billion by 2032, growing at a CAGR of 6.1% during the forecast period (2025-2032).

Increased disposable income coupled with long working hours and a corporate culture of busy lifestyles has led to a change in eating habits. Snacks have long been considered harmful due to their high oil and sugar content and are major contributors to health problems such as obesity, high blood sugar, and high blood pressure. However, due to the recent change in consumer behavior, the demand for oily-spicy foods is rapidly shifting from less packaged healthy, sugar-free and low-calorie snacks. This is an important trend that drives the growth of the market. Snacks with interesting, innovative flavors and textures, made using sustainable technologies, packed with recyclable materials, and with clean labeling are expected to dominate the healthy snacks market during the forecast period. Vegetarian snacks, zero fat, high/added protein, whole grains, low/zero sugar, zero oil/baked snacks, zero gluten content, and eco-friendly packaging are some of the developing trends in this sector. The number of innovations in the market is always increasing.

Personalized healthy snacks are another global market trend that is growing rapidly. Snacks that cater to the lifestyle, diet, and health needs of consumers are in high demand. As a result, prepared nutrition is becoming more popular. Keto-friendly and cholesterol-lowering snacks, as well as mood-enhancing, gut-friendly, and sleep-aiding snacks, are becoming more popular. For example, in March 2022, PepsiCo and Beyond Meat launched their first plant-based product, vegan jerky. Under their PLANeT partnership, the companies formed a joint venture to develop plant-based healthy snacks and beverages. However, the high cost of healthy snacks compared to other snacks is a significant restraint in this market. Also, severe unauthorized restrictions restricting the production of sound snacks, as well as high prices associated with them, will hamper the market growth.

US Healthy Snack Market is poised to grow at a sustainable CAGR for the next forecast year.

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Healthy Snack Market size was valued at USD 89.12 Billion in 2023 and is poised to grow from USD 94.56 Billion in 2024 to USD 151.87 Billion by 2032, growing at a CAGR of 6.1% during the forecast period (2025-2032).

Global healthy snack market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global healthy snack market. 'PepsiCo', 'General Mills', 'Nestle', 'KIND LLC', 'Kellogg Company', 'Mondelēz International', 'Tyson Foods', 'Hormel Foods', 'The Hain Celestial Group', 'B&G Foods', 'Diamond Foods', 'Conagra Brands', 'Snyder's-Lance', 'The Hershey Company', 'GlaxoSmithKline plc', 'SunOpta Inc.', 'Clif Bar & Company', 'Graze', 'Quest Nutrition'

Increasing consumption of on-the-go snacks is driving the positive growth of the global healthy snacks market. Global demand for healthy snacks is expected to increase as consumers become more aware of the health risks associated with junk food consumption, such as heart disease, diabetes, and other chronic diseases. One of the key trends in the global healthy snacks market is the increase in consumer desire for healthy eating habits and a healthy lifestyle. Healthy snacks are becoming an important part of people's diets worldwide, driving the global healthy snacks market.

The increasing number of people entering the formal labor market, coupled with their busy lifestyles, has increased the demand for snacks. This is due to the fact that snacks provide quick satiety and a much-needed break during a busy day. This market for healthy snacks is fueled by the growing trend of avoiding the risk of certain chronic diseases and maintaining health and wellness through conscious consumption of these snacks. The on-the-go nutrition trend is rapidly gaining popularity among millennial and working adults as they seek snack solutions to combat nutrient deficiencies and other health issues in their busy schedules.

North America accounted for the largest market share, accounting for nearly 33% of the global share in 2021. Following the emergence of the Covid-19 pandemic, the demand for nutritious snacks has increased significantly in the United States. The United States used to be a big consumer of snacks, but consumers have shifted their focus to consuming healthy and nutritious snacks to avoid all the health-related risks associated with excessive snacking behaviour. Also, the high penetration rate of supermarkets and hypermarkets, as well as convenience stores, is another important factor driving market sales in the region. These convenience businesses are collaborating with delivery services to increase their e-commerce presence. Obesity and diabetes are two major public health challenges in the United States that are expected to increase the demand for healthy snacks in the coming years. Increasing health and fitness awareness has reduced the consumption of high-calorie unhealthy snacks, which is expected to create new opportunities for healthy snack providers during the forecast period. Other factors that could impact snack sales over the next ten years include the high prevalence of chronic diseases, changing consumer preferences, stricter restrictions to limit the use of artificial ingredients, and increased demand for convenience meals. Some of the country's most popular snacks include pretzels, beef jerky, cereal, and popcorn. 

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Global healthy snack market

Report ID: SQMIG30I2141

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