Global Organic Snacks Industry: Share, COVID-19 Overview, Application, Growth and Forecast 2023
Organic Snacks Market Overview
Organic snacks refer to ready-to-eat food that is packaged and
stays fresh for a longer period of time. The demand for organic snacks is
proliferating across the globe owing to the rising health consciousness and a
growing inclination towards products that are made from organically farmed raw
materials. According to the latest report by Market Research Future (MRFR), the
global organic snacks market is estimated to garner substantial ascension
during the forecast period.
There are many factors attributing to the growth of the
global COVID-19 analysis on organic
snacks market application over
the assessment period. Some of these factors include the rising awareness
towards the harsh effects of artificial ingredients and additives on human
health and growing shift towards healthy eating habits. Furthermore,
innovations observed in plant-based diets, grass-fed meat and a rising
consumption of edible flowers are pushing the global organic snacks market
growth to a great extent.
Moreover, rising prevalence of allergies caused by synthetically
developed food products, growing demand for pesticide and preservative free
snacks is leading to the emergence and penetration of organic snacks into the
food industry. Growing disposable incomes coupled with higher standards of
living is prompting consumers to adopt healthier eating habits, irrespective of
higher costs of organic snacks.
Organic Snacks Market Segmentation
The global organic snacks industry is studied
for various segments in the report published by Market Research Future (MRFR).
Such segmentation is carried out on the basis of product type, packaging type,
distribution channel, and region. The global organic snacks market is segmented
into cookies & crackers, puffs & chips, dried fruits, meat snacks, and
energy bars on the basis of product type.
On the basis of packaging type, the global organic snacks market
is segmented into pouches and cartons. On the basis of distribution channel,
the global organic snacks market is segmented into store-based and non-store
based. The store-based segment is further sub-segmented into supermarkets,
convenience stores, and hypermarkets.
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Organic Snacks Market Detailed Regional Analysis
The global organic snacks market is geographically
segmented into North America, Asia Pacific, Europe, and Rest of the World.
North America is anticipated to dominate the global organic snacks market
during the forecast period. Such regional market ascension can be attributed to
the growing awareness towards healthy lifestyle habits among majority of the
population. According to the Organization for Economic Co-operation and
Development (OECD), the adult obesity rates in the US and Mexico were the
highest in the world in 2017. Such high obesity rates can be attributed to the
high consumption of carbohydrate rich and fat rich snacks. Such obesity is
fueling the rising awareness towards healthier eating habits, hence, rising the
demand for organic snacks. Growing trends of low-calorie snacks and snacks with
natural additives are estimated to boost the market growth for organic snacks
in North America.
Asia Pacific is anticipated to record the highest CAGR for organic
snacks during the forecast period. Such high upsurge in the regional organic
snacks market is attributable to a change in the
eating preferences and a growing awareness towards healthier food alternatives.
China, India, and Japan are estimated to lead the country-specific organic
snacks market in Asia Pacific. Fast growing population, economic growth and the
introduction of regional flavors by snacks manufacturers to meet with the taste
demands of the consumers are some of the factors driving the heavy shift seen
towards the organic snack industry.
Organic Snacks Market Key Players
The global organic snacks market is being steered in a positive
direction by many noteworthy market vendors. Some of these prominent key
players are profiled in the MRFR report including Conagra Brands, Inc. (US),
General Mills, Inc. (US), Hain Celestial (US), Hormel Foods Corporation (US),
SunOpta (Canada), YummyEarth, Inc. (US), Utz Quality Food, LLC (US), Eat Real
(UK), Creative Snacks Co. (US), and NurturMe (US).
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NOTE: Our team of researchers are studying Covid19 and its impact
on various industry verticals and wherever required we will be considering
covid19 footprints for a better analysis of market and industries. Cordially
get in touch for more details.
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I love the idea of organic/natural/clean living but thought the same thing as you - it just wasn't very practical for my life. you can buy organic sugar in India!
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