An extensive study offering forecast assessment on Healthy Snacks Market has recently been released by Kenneth research, which is a platform containing market research reports on FMCG, food and beverages. Kenneth Research aims to provide quality reports to its customers and help company investors planning for expansion of their business to take key decisions and form strategies by providing insights with the latest market trends and scope that helps them gain an extra edge over competitiveness in the marketplace.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Healthy Snacks Market products.
According to a new research published by Polaris Market Research the worldwide Healthy Snacks Market is anticipated to reach around USD 40,699 million by 2026. In 2017, the cereal and granola bars segment dominated the global market, in terms of revenue. In 2017, Europe accounted for the majority share in the global healthy snacks market.
The rapid increase in the obesity rate of the global population majorly drives the growth of healthy snacks market. Growing concerns regarding healthy eating habits and increasing disposable income in developing regions support the market growth.
The consumers are increasingly consuming snacks with a high content of fiber, calcium, protein, whole grains, vitamins, and minerals. There has been an increasing demand of snack products, which enable consumers to maintain weight, provide nutritional requirements, and align with their health goals. Major factors for increased demand include an additional source of protein and other nutrients. However, the high costs of healthy snacks limit the growth of the market. New emerging markets, emerging consumer demographics, and sale through online channels would provide growth opportunities for healthy snacks market in the coming years.
Request To Download Sample of This Strategic Report–https://www.kennethresearch.com/sample-request-10070498
Increasing incidences of health disorders related to obesity have resulted in increased awareness regarding healthy eating habits. The growing digitization and access of information has further increased consumer awareness. Health and fitness consciousness is also increasing in countries such as China and India due to improving lifestyle and changing food habits. Consumers are tracking their nutritional intake, and consuming healthy snacks, thereby supporting market growth. Leading players in the market are also taking initiatives to increase awareness among consumers through health subscription and other marketing campaigns
Asia-pacific is expected to grow at the highest CAGR during the forecast period. A significant rise in the obese population has been registered over the past few years in Australia, China and Japan among others. The obese and geriatric population is increasing in this region, increasing the demand of healthy snacks in the region. The sedentary lifestyle coupled with hectic work schedules is encouraging consumers to adopt healthy snacking options to meet their nutritional requirements. Increasing awareness regarding the health benefits of healthy snacks and rising disposable incomes in developing countries of this region augment the market growth in the region. Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.
Read more Reports@
Smart Personal Safety And Security Device Market
Digital Health Market
Flexible Barrier Films For Electronics Market
Real Time Location System Market
Near Field Communication Nfc Market
Igzo Display Market
Micro Printing Market
The various types of healthy snacks include dried fruit snacks, meat snacks, cereal and granola bars, nuts and seeds snacks, and others. The cereal and granola bars segment is expected to lead the market during the forecast period owing to increasing demand of on-the-go nutritious snacks. Additional features such as better taste and increased filling capacity further encourage its consumptions. These bars provide instant energy, thereby increasing its demand among sportsmen.
The well-known companies profiled in the report include PepsiCo Foods, Nestle S.A., General Mills, The Kellogg Company, The Kraft Heinz Company, Herbalife Ltd., Nutrisystem Inc., Mondelez International, Inc., Hormel Foods Corporation, Tyson Foods, Inc., Calbee Inc., and B&G Food Inc. among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
About Kenneth Research
Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.
Email : Sales@kennethresearch.com
Phone: +1 313 462 0609