Fortune Business Insights offers a detailed overview of the global food humectants market in a report, titled “Healthy Snacking Market Size, Share & Industry Analysis, By Product Type (Meat Snacks, Trail Mix Snacks, Dried Fruit Snacks, Nuts & Seeds Snacks, Cereal & Granola Bars, Savoury Snacks), By Distribution Channel (Online Stores, Convenience stores, Speciality Stores, Supermarkets/Hypermarkets, Retail, Wholesalers) and Regional Forecast, 2019-2026.”
List of Key players leading the Healthy Snacking Market include
- The Unilever Group
- Nature Delivered
- Hain Celestial Group
- Tyson Foods
- Hormel Foods Corporation
- Mondelez International
- B&G Food Inc.
- Select Harvests Ltd
- Kind LLC
Increasing focus on the nutritional value of consuming any food item has worked in favour of the global healthy snacking market. The mounting need to have on-the-go snack which is high in proteins and has low calories is expected to stir up the market growth. People consume healthy snacks as they help them to maintain their energy levels throughout the day without feeling lethargic. Some of the main healthy snacks include vegetables, nuts, whole grains, and seeds among others.
Browse Report Summary:
As per research studies, Indian population thrives for healthy snacking options to stay healthy and fit. Other benefits of consuming these snacks include memory improvement and better concentration. Several regulatory authorities such as Health Canada recommends people to focus more on consuming healthy and organic snacks. These snacks further help to control the hunger in between meals to avoid overeating at mealtimes. The demand for healthy snacks is expected to increase as they help you to feel energized.
The report offers an all-inclusive analysis of the market trends, demand forecasts, and other indicators. It further offers insights into the drivers and restraints that affect the growth of the market. Furthermore, it helps our readers to gain a clear understanding of the market by analyzing market size using different analytical tools. The report highlights current trends prevailing in the market and offers a forecast between 2018 and 2026.
Market to See the Highest Demand for Savoury Snacks Than Other Products
Savoury snacks are expected to account for the higher growth in the global market. The demand for these snacks is expected to be the highest as compared to other healthy snack types owing to their wider availability. In addition to this, savoury snacks are gaining immense popularity among individuals, which is likely to favour the growth of this segment. This, in turn, is expected to drive the healthy snacks market growth in the forthcoming years.
The demand for healthy snacks is expected to be the highest in hypermarkets/supermarkets, aiding the healthy snacks market size. Rising awareness about consumer campaigns and increasing consumer base in these stores are expected to enable growth in the market. This, coupled with the increasing number of product promotions, is expected to drive this segment’s growth.
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Increasing Health-conscious Population in Asian Countries to Boost Market in Asia Pacific
North America is anticipated to expand at a considerable rate in the global market through the forecast years. The presence of healthy snack manufacturers is expected to encourage the healthy snacks market growth in this region. An increasing number of working population, along with high consumption of healthy and nutritional snacks, is expected to create growth opportunities for the market in North America by 2026.
Asia Pacific is expected to account for a major portion of the healthy snacks market share during the forecast period. Increasing population in countries such as China and India is likely to fuel demand for ready-to-eat and affordable food items. Rapid changes in lifestyle and rising disposable income of people are other factors projected to enable growth in the market in Asia Pacific.
Major Segments includes:
By Product Type
- Meat Snacks
- Trail Mix Snacks
- Dried Fruit Snacks
- Nuts & Seeds Snacks
- Cereal & Granola Bars
- Savoury Snacks
By Distribution Channel
- Online Stores
- Convenience stores
- Speciality Stores
Unilever to Expand its Presence in Healthy Snacks with Graze Acquisition
Demand for healthy snacking is increasing as the food in restaurants is expensive and not everyone can afford it. These snacks are budget-friendly in comparison to food in restaurants and hotels, which will further increase their sales. Sportsperson and athletes are increasingly becoming cautious of their eating habits to give 100% performance. This, as a result, is expected to push the market growth. As the market is prospering, there are [people in developing nations who are still not aware of healthy snacking.
This factor is expected to hamper the growth of the market over the projected horizon. Nonetheless, companies are planning to launch new healthy food products to raise awareness and eventually maintain their presence in the market. For instance, Unilever announced the acquisition of Graze in February 2019 to boost its presence in the healthy snacks market. The company plans to deliver a snack box and is available on e-commerce sites and retail stores.
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