The organic snacks market is expected to expand at a CAGR of 13…

(MENAFN-EIN Presswire)

Organic snacks market

Rising health awareness, developing retail structure, increasing demand for ready meals are driving the growth of the global organic snacks market.

PORTLAND, OR, USA, July 16, 2022 /EINPresswire.com/ — According to the report, the global organic snacks industry generated $8.7 billion in 2017 and is expected to generate $24.03 billion in by 2025, with a CAGR of 13.6% from 2018 to 2025.

Main determinants of growth

Rising health awareness, developing retail structure and increasing demand for ready meals are driving the growth of the global organic snacks market. However, high production costs are hampering the growth of the market. On the other hand, the growing desire of consumers to purchase premium and environmentally friendly products presents new opportunities in the coming years.

Request a sample report from:

Covid-19 scenario

The outbreak of the COVID-19 pandemic has had a positive impact on the growth of the global organic snacks market.
People have become more health conscious which has boosted the demand for organic snacks.
Salty Snacks Segment Leads in Revenue to 2025

Among product types, savory snacks segment was largest in 2017, capturing nearly two-fifths of the market share and would maintain its dominance till 2025. The savory snacks market is driven by the growing consumption of convenient foods and the easy availability of these products. products all over the world. However, the candy bar segment would grow at the fastest CAGR of 15.2% from 2018 to 2025. This is because organic candy bars contain no additives and are a healthier alternative to regular candy bars.

The retail store segment will be dominant until 2025

Among distribution channels, the retail store segment accounted for more than a third of the market share in 2017 and would maintain its dominance through 2025. The opportunity for choice combined with improved infrastructure worldwide retail complements the growth of the retail store. segment of the organic snacks market. However, the e-commerce segment is expected to witness the fastest CAGR of 15.9% during the forecast period. This is due to the online platform providing ease of access to its client.

For a purchase request to:

North America will maintain its revenue lead through 2025

Among the regions, the North America market was the largest in 2017, grabbing 61.6% market share and is expected to dominate the market till 2025. This is due to the increase in consumption of convenience foods such as snacks and growing concerns about health and fitness. In the region. However, the Asia-Pacific market would reach the fastest CAGR of 16.3% during the forecast period. The report also analyzes regions such as Europe and LAMEA.

Main market players

Pure Organic
PRANA
Made in nature
Kadac Pty Ltd
Natural Navitas
Hormel Foods
Heavenly Hain
Conagra Brands
General Mills
Manufacture of Woodstock trusses

Similar reports:
Functional Foods Market Expected to Reach $267,924.40 Million by 2027
Non-dairy creamer market expected to reach $2,386.6 million by 2027

Upcoming reports:
Synbiotic market:
Sugar Reduction Technology Market:
Porridge market:
Fish processing market:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unparalleled quality of “market research reports” and “business intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market areas. AMR offers its services in 11 industry sectors, including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverage, Energy & Power, semiconductors and electronics, automotive and transport, ICT and media, aerospace and defense and BFSI.

We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.

David Correa
Allied Analytics LLP
800-792-5285
write to us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Street.! A Library of Online Subscription Reports – Allied Market Research

MENAFN16072022003118003196ID1104539443


Legal disclaimer: MENAFN provides the information “as is” without warranty of any kind. We assume no responsibility for the accuracy, content, images, videos, licensing, completeness, legality or reliability of any information in this article. If you have any complaints or copyright issues related to this article, please contact the provider above.


Source link

Sandy A. Greer