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on May 2, 2024
MARC Group, a leading market research company, has recently releases report titled “Organic Snacks Market Report by Product Type (Nutrition Bars, Candy Bars, Salty Snacks, Nuts, and Others), Generation (Millennial, Generation X, Baby Boomers), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Convenience Stores, Online Stores, and Others), and Region 2024-2032“, Offers a comprehensive analysis of the industry, which comprises insights on the global organic snacks market share.
How big is the organic snacks industry?
The global organic snacks market size reached US$ 12.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 26.9 Billion by 2032, exhibiting a growth rate (CAGR) of 9% during 2024-2032.
Industry Overview of Organic Snacks
Organic snacks comprise various food options, such as organic fruit bars, granola, nuts, and chips, that are manufactured using organic farming practices to maintain soil and environmental health. They do not involve the utilization of synthetic pesticides, herbicides, artificial preservatives, flavors, colors, sweeteners, or genetically modified organisms (GMOs). They rely on natural methods to enhance flavor and extend the shelf life of food products. They have a fresher and more natural taste and are a healthier option compared to conventional snacks as they lack synthetic chemicals and additives. They offer healthy snacks to health-conscious consumers while aligning with eco-conscious values. As they provide higher levels of nutrients and antioxidants due to organic farming practices, the demand for organic snacks is increasing across the globe.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/organic-snacks-market/requestsample
What are the growth prospects and trends in the evaporative cooling industry?
At present, the rising demand for clean-label food products among health and eco-conscious consumers represents one of the key factors bolstering the growth of the market. Additionally, the increasing adoption of organic snacks that are free from gluten, dairy, or nut snacks allergies among individuals is strengthening the market growth.
Apart from this, there is a rise in the demand for organic snacks among people with busy lifestyles and hectic schedules. This, coupled with the growing adoption of organic protein bars and trail mixes to maintain a healthy mind and body, is offering a favorable market outlook. In addition, the wide availability of organic snacks through various distribution channels, such as hypermarkets, supermarkets, and convenience and online stores, around the world is providing lucrative growth opportunities to industry investors.
Besides this, the introduction of unique flavors and formats in organic snacks to attract a large consumer base is supporting the market growth. Furthermore, the escalating demand for healthier food options due to the increasing awareness about health and wellness among the masses is contributing to the market growth.
Leading Companies Operating in the Global Organic Snacks Industry:
- Conagra Brands Inc.
- Danone S.A.
- Frito-Lay North America Inc. (PepsiCo Inc.)
- General Mills Inc.
- Hain Celestial Group Inc.
- Hormel Foods Corporation
- Kadac Pty Ltd.
- Made in Nature
- Navitas Organics
- Prana Organic
- Woodstock Farms Manufacturing (United Natural Foods Inc.).
Organic Snacks Market Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product Type:
- Nutrition Bars
- Candy Bars
- Salty Snacks
- Nuts
- Others
Breakup by Generation:
- Millennial
- Generation X
- Baby Boomers
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Stores
- Others
Regional Insight:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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