Global Healthy Snacks Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 92.67 Billion |
Market Size (Forecast Year) |
USD 118.49 Billion |
CAGR |
|
Major Markets Players |
Global Healthy Snacks Market Segmentation, By Product (Dried Fruit, Cereal and Granola Bars, Nuts and Seeds, Meat, and Trail Mix), Claim (Gluten-free, Low-Fat, Sugar-Free, and Others), Distribution Channel (Hypermarket and Supermarket, Food Speciality Stores, Convenience Stores, Online, and Others), Packaging (Jars, Boxes, Pouches, Cans, and Others) – Industry Trends and Forecast to 2031
Healthy Snacks Market Analysis
The healthy snacks market is seeing strong growth as consumers increasingly prioritize nutritious and convenient options, fueled by rising health awareness and wellness trends emphasizing low-calorie, organic, and functional foods. The online distribution channel has expanded rapidly, making it easier for consumers to access a variety of healthy snack options, while traditional outlets such as supermarkets, specialty stores, and convenience stores continue to play a major role. North America leads the market, driven by high consumer demand and purchasing power, while the Asia-Pacific region is projected to grow rapidly as health consciousness increases. Developments in the market include a growing focus on clean labeling, plant-based ingredients, and innovative flavor profiles, with brands also investing in sustainable, eco-friendly packaging.
Healthy Snacks Market Size
The global healthy snacks market size was valued at USD 92.67 billion in 2023 and is projected to reach USD 118.49 billion by 2031, with a CAGR of 3.12% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.
Healthy Snacks Market Trends
“Rising Adoption Towards Plant-Based Snacks”
The healthy snacks market is witnessing significant growth, with a notable trend toward plant-based snacks as consumers increasingly seek sustainable, protein-rich options that align with health and environmental goals. This shift is particularly evident in the rise of snacks such as plant-based protein bars, veggie chips, and nut-based snacks, which offer a nutrient-dense alternative to traditional snacks. For instance, brands such as Beyond the Equator have launched peanut-free seed butter bars, appealing to consumers looking for allergen-free, vegan-friendly snack options. This trend has also spurred interest in sustainable sourcing, clean-label ingredients, and non-GMO certifications, resonating with health-conscious buyers who value transparency. With demand increasing across both online channels and supermarkets, the plant-based snack trend is positioned to drive ongoing innovation and expand the healthy snacks market. This sector remains competitive as companies focus on flavor variety and packaging innovations, making plant-based snacks a central focus of the market's growth trajectory.
Report Scope and Healthy Snacks Market Segmentation
Attributes |
Healthy Snacks Key Market Insights |
Segments Covered |
|
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Key Market Players |
ITC Limited (India), Kambly SA (Switzerland), Mondelēz International (U.S.), PepsiCo (U.S.), The Kraft Heinz Company (U.S.), General Mills (U.S.), Parle Products Pvt. Ltd. (India), Patanjali Ayurved (India), Britannia Industries (India), Kellanova (U.S.), pladis global (U.K.), Walker's Shortbread (U.K.), Lotus Bakeries Corporate (Belgium), Nestlé (Switzerland), and Burton's Biscuits Co (U.K.) |
Market Opportunities |
|
Value Added Data Infosets |
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework |
Healthy Snacks Market Definition
Snacks are small servings of food or beverages enjoyed between meals. Healthy snacks are those that contain low sodium, no added sugars, vitamins, essential nutrients, and minimal saturated fat. They are typically high in fiber and protein, helping to sustain energy levels throughout the day. Instances of healthy snacks include boiled eggs, whole grains, seeds, nuts, vegetables, fruits, and low-fat dairy products.
Healthy Snacks Market Dynamics
Drivers
- Rising Health Consciousness
Rising health consciousness is a significant driver of the healthy snacks market, as more consumers become aware of the impact of their dietary choices on overall well-being. This awareness has prompted a shift towards nutritious snack options that satisfy hunger and contribute positively to health. For instance, brands such as Kind have gained popularity by offering nut-based bars that are high in protein and fiber while being free from artificial ingredients, catering to health-minded consumers seeking convenient snacks. This trend is reflected in the increasing sales of products labeled as organic, gluten-free, or containing superfoods, indicating a growing preference for snacks that support healthier lifestyles. As people prioritize nutrition and seek to make informed food choices, the demand for healthy snacks continues to rise, driving innovations and product offerings in the market.
- Growing Busy Lifestyles
Busy lifestyles are a significant driver of the healthy snacks market, as the increasing pace of life has led consumers to seek convenient and portable food options that fit seamlessly into their hectic schedules. With many people juggling work, family, and social commitments, the demand for snacks that are both nutritious and easy to consume has surged. For instance, brands such as RXBAR have capitalized on this trend by offering protein bars made with simple, whole ingredients that require no preparation, making them an ideal choice for busy individuals looking for a quick yet healthy snack. This shift towards on-the-go snacks has prompted manufacturers to innovate and create products that are convenient and align with health-conscious preferences, such as single-serving packs of nuts, yogurt, and veggie chips. As consumers prioritize health without sacrificing convenience, the market for healthy snacks continues to expand, reflecting the growing importance of easily accessible nutrition in today’s fast-paced world.
Opportunities
- Increasing Shift Toward Online Shopping
The shift toward online shopping, significantly accelerated by the COVID-19 pandemic, offers a valuable opportunity for healthy snack brands to expand their reach through e-commerce platforms. For instance, companies such as RXBAR and Kind have successfully leveraged online sales channels to promote their nutritious snack options, utilizing targeted digital marketing campaigns that highlight their health benefits and ingredient transparency. By developing robust online marketing and distribution strategies, these brands enhance their visibility and cater to the increasing consumer preference for convenient purchasing options. This trend facilitates direct-to-consumer engagement and allows brands to gather valuable consumer insights, making it easier to tailor products and marketing efforts to meet evolving demands. Therefore, the e-commerce boom represents a significant market opportunity for healthy snack brands looking to capitalize on changing shopping behaviors and boost sales.
- Rising Innovations in Product Offerings
Innovations in product offerings present a significant market opportunity within the healthy snacks sector, as manufacturers continually develop new flavors, textures, and formats that appeal to diverse consumer preferences. For instance, brands such as Hippeas have introduced chickpea-based snacks that combine unique flavors with nutritional benefits, offering a crunchy, savory option that resonates with both vegan and non-vegan consumers alike. Additionally, the trend towards incorporating superfoods, such as spirulina or matcha, into snack products adds another layer of appeal, attracting health enthusiasts eager to explore innovative and nutrient-dense options. This continuous evolution in product development enables companies to tap into new market segments, thereby broadening their consumer base and enhancing the overall growth potential of the healthy snacks market.
Restraints/Challenges
- Consumer Misinformation
Consumer misinformation presents a significant challenge in the healthy snacks market, as misleading health claims and marketing tactics can create confusion and skepticism among shoppers. With a plethora of products touting phrases such as "all-natural," "low-fat," or "high in protein," consumers often struggle to discern which snacks truly align with their health goals. For instance, a snack labeled as "low-fat" may compensate for the reduced fat content with added sugars, misleading consumers into believing they are making a healthier choice. Brands such as Nature Valley have faced scrutiny over claims that their granola bars are healthy despite containing high levels of sugars and processed ingredients. This type of misinformation can erode trust and make consumers hesitant to purchase health-oriented products, ultimately impacting brand loyalty and sales. As consumers become increasingly aware of the importance of transparent labeling and authentic health claims, companies must prioritize clear communication and truthful marketing strategies to navigate this challenge effectively.
- Stringent and Variable Regulations
Regulatory challenges pose a significant hurdle for companies in the healthy snacks market, as compliance with food labeling and health regulations can differ widely across regions, complicating market entry and product distribution. Each country has its own set of guidelines governing ingredient disclosure, health claims, and nutritional labeling, which can create confusion for brands attempting to establish a global presence. For instance, a company launching its products in both the U.S. and the European Union must navigate the stringent regulations imposed by the U.S. Food and Drug Administration (FDA) and the European Food Safety Authority (EFSA). These regulations may dictate what claims can be made about a product’s health benefits, as well as the required format for ingredient lists and nutritional information. This complexity can lead to increased costs associated with reformulating products, redesigning packaging, or even facing delays in product launches. As a result, companies must invest significant resources in understanding and complying with these diverse regulatory frameworks, which can impede their ability to quickly adapt to market demands and capitalize on growth opportunities.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Healthy Snacks Market Scope
The market is segmented on the basis of product, claim, distribution channel, and packaging. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Dried Fruit
- Cereal and Granola Bars
- Nuts and Seeds
- Meat
- Trail Mix
Claim
- Gluten-Free
- Low-Fat
- Sugar-Free
- Others
Distribution Channel
- Hypermarket and Supermarket
- Food Specialty Stores
- Convenience Stores
- Online
- Others
Packaging
- Jars
- Boxes
- Pouches
- Cans
- Others
Healthy Snacks Market Regional Analysis
The market is analysed and market size insights and trends are provided by country, product, claim, distribution channel, and packaging as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is anticipated to lead the healthy snacks market, driven by shifting consumer habits such as frequent snacking between meals or even substituting snacks for traditional meals. This trend, combined with a rising preference for nutritious options, is expected to fuel strong demand for healthy snacks in the region. The growing awareness of health and wellness, alongside busy lifestyles, supports the popularity of convenient yet healthy snack choices, positioning North America as a key market for growth.
Asia-Pacific is projected to experience the most rapid growth in the healthy snacks market during the forecast period of 2024 to 2031. This surge in demand is largely driven by modernization trends and an increasing preference for convenient snacking options in emerging economies such as India and China. As urbanization rises and busy lifestyles become more common, consumers in these markets are seeking accessible yet healthier snack choices. This shift is positioning Asia-Pacific as a pivotal region for expansion within the healthy snacks industry.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthy Snacks Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Healthy Snacks Market Leaders Operating in the Market Are:
- ITC Limited (India)
- Kambly SA (Switzerland)
- Mondelēz International (U.S.)
- PepsiCo (U.S.)
- The Kraft Heinz Company (U.S.)
- General Mills (U.S.)
- Parle Products Pvt. Ltd. (India)
- Patanjali Ayurved (India)
- Britannia Industries (India)
- Kellanova (U.S.)
- pladis global (U.K.)
- Walker’s Shortbread (U.K.)
- Lotus Bakeries Corporate (Belgium)
- Nestlé (Switzerland)
- Burton’s Biscuits Co (U.K.)
Latest Developments in Healthy Snacks Market
- In September 2023, RXBAR, part of Kellanova, teamed up with podcaster Maria Menounos to introduce a limited-edition RXBAR ManifX bar featuring customizable wrappers. Available in Chocolate Sea Salt flavor, each bar contains 12 grams of protein.
- In September 2023, Danone UK&I launched a new high-protein dairy snack line under the brand GetPRO, crafted for individuals enhancing their workout routines. The GetPRO range includes eleven items, such as high-protein yogurts, mousses, puddings, and beverages, each with 15 to 25 grams of protein per serving. These snacks are sugar-free, low-fat, or fat-free, appealing to health-focused consumers.
- In June 2023, Unilever announced its acquisition of Yasso Holdings, Inc., a leading U.S. brand specializing in premium frozen Greek yogurt. This acquisition aligns with Unilever’s premiumization strategy for its Ice Cream Business Group, adding Yasso to its portfolio alongside brands such as Ben & Jerry's, Magnum, and Talenti to meet the growing demand for healthier, indulgent frozen snacks in North America.
- In January 2022, Mondelez International, Inc. completed its acquisition of Chipita S.A., a leader in baked snacks and croissants across Central and Eastern Europe. This strategic purchase supports Mondelez's goal of expanding in key snacking categories and strengthening its regional presence
- In June 2021, General Mills Inc. launched Good Measure, a snack brand designed for consumers mindful of their blood sugar levels, including those with diabetes or pre-diabetes. Good Measure debuted with Creamy Nut Butter Bars and Crunchy Almond Crisps, both sweetened with allulose.
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.