Healthy Snacks Market Size Worth $152.5 Billion By 2030

The global healthy snacks market size was valued at USD 85.6 billion in the year 2021 and is projected to reach USD 152.5 billion by 2030, exhibiting a CAGR of 6.6% during the period in focus. The demand for healthy snacks is likely to rise primarily due to rising health consciousness among people and the need to consume high nutrition-low fat food. Obesity has emerged as one of the main causes of chronic diseases like diabetes, cardiovascular diseases, and liver and kidney illnesses. This has forced governments in many parts of the world to organize awareness programs educating people to switch to healthy snacks instead of consuming high-calorie foods.

Wide availability of these snacks globally supported by a strong and extensive supply chain system that makes them available in supermarkets, hypermarkets, and e-commerce platforms is another major factor driving its popularity. Surging internet penetration in both developed and developing countries has shifted the mode of buying from conventional forms to online platforms. Wide product choices at a relatively cheaper price have supplemented the sale of healthy snacks on the e-commerce platform.

Especially during the COVID-19 pandemic, when governments had announced nationwide lockdowns to control escalating infection cases, online shopping seemed the most viable option. Moreover, during this phase, people also realized the need to eat healthy food in order to keep their immunity intact. Thus, the aforementioned factors complemented the sale of healthy snacks worldwide. 

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Healthy Snacks Market Report Highlights

• Based on product segment, healthy savory snacks witnessed the highest demand over the years primarily due to the increase in the working population that seeks ready-to-eat food options which help them save the team and achieve their nutritional goals. In developing nations like India, China, Thailand, etc. there is a spike in the number of working women which has furthermore driven the consumption of healthy snacks such as protein bars as meal replacements.

• With respect to distribution channels, supermarkets and hypermarkets dominated the segment due to its growing presence in urban, rural, and remote areas. These marketplaces host a variety of snack options that cater to the dynamic taste pattern of the people. Many prominent international supermarket chains like Seven-Eleven have expanded their presence in developing nations like Thailand, and India to provide an extensive product choice.

• In line with the above, the online distribution channel has also gained prominent adoption owing to its convenience and ability to host a wide variety of products. Most people find it convenient to order healthy snacks online because it is made available at their doorsteps in no time. Additionally, many international healthy snack brand companies are now offering global shipping, giving consumers more options to choose from.

• In terms of geographical context, North American healthy snack market led the regional segment due to high awareness among people regarding obesity and its ill effects. There is a high demand for nutritious food that is also tasty. U.S., and Canada in particular have many supermarkets due to its high population and purchasing power.

• Asia Pacific healthy snacks market is also gradually gaining pace owing to urbanization, improved standard of living, and the efforts taken by public authorities to educate people regarding healthy diet patterns. Additionally, through FDI, many international companies are now selling their product variants to meet the growing demand in the region. 

Healthy Snacks Market Report Segments 

Healthy Snacks Product Outlook (Revenue, USD Billion, 2017 - 2030)
    • Frozen & Refrigerated
    • Fruit
    • Bakery
    • Savory
    • Confectionery
    • Dairy
    • Others

Healthy Snacks Distribution channel Outlook (Revenue, USD Billion, 2017 - 2030)
    • Supermarkets & Hypermarkets
    • Convenience Stores
    • Online
    • Others

Healthy Snacks Regional Outlook (Revenue, USD Billion, 2017 - 2030)
    • North America
        • U.S.
    • Europe
        • Germany
        • U.K.
        • France
    • Asia Pacific
        • China
        • Japan
        • India
    • Central & South America
        • Brazil
    • Middle East & Africa
        • UAE
        • South Africa

List of Key Players in the Healthy Snacks Market
    • Nestlé
    • The Kellogg Company
    • Unilever
    • Danone
    • PepsiCo
    • MondelÄ“z International
    • Hormel Foods Corporation
    • Dole Packaged Foods, LLC.
    • Del Monte Foods, Inc.
    • Select Harvests
    • B&G Foods
    • Monsoon Harvest