According to the research of Future Market Insights, over the projected period, the Organic Snack Food Market is expected to expand at a CAGR of 4.1%. The industry's estimated value will increase from US$ 9.1 billion in 2023 to US$ 13.5 billion in 2033. The Organic Snack Food Market was worth US$ 8.6 billion by the end of 2022.
| Attributes | Details |
|---|---|
| Market Size Value in 2023 | US$ 9.1 Billion |
| Market Forecast Value in 2033 | US$ 13.5 Billion |
| Global Growth Rate (2023 to 2033) | 4.1% |
| Forecast Period | 2023 to 2033 |
| Global Market Share of USA, Germany, Japan, and Australia | 76.4% |
Snacks are food items that are consumed in the middle of meals but are less in size than a regular meal. There are many different types of snacks, including packaged snack foods and other processed foods. Organic snacks are made with organic ingredients and are non-GMO. Organic snacks are prepared with gluten-free, organic, and non-GMO ingredients that have received USDA certification. Organic snack foods are those that have wholesome nutrients like proteins, vitamins, and minerals.
In comparison to traditional snacks, organic snack foods like potato chips, tortilla chips, and corn chips, bakery goods like pancakes, bagels, pretzels, and cookies, and confectionery like candies, chocolates, and raisins, etc., all contain organic ingredients that are nourishing and gluten-free. The majority of organic snack foods are made to be portable, wholesome, filling, and tasty. Because more people are becoming aware of the health benefits of eating organic foods, the market for organic snack foods is expanding quickly.
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With a CAGR of 5.6% between 2018 and 2022, the global market for Organic Snack Food Market expanded from US$ 6.9 Bn to US$ 8.6 Billion.
The main global consumers of organic snack foods are millennials and children. Because organic snacks include only natural ingredients, demand for them is growing quickly and they are becoming more and more well-known worldwide. Over the forecast period, the market for organic snack foods is anticipated to be driven by rising demand for nutritious snacks as a result of rising health awareness.
One of the major drivers of the growth of the organic snack food industry is the expansion of organic farming and the practice of organic agriculture in various developed regions. Because organic food items are healthier and more environmentally friendly than conventional food products, customers are gravitating toward consuming them, which is another important driver driving the growth of the organic snack food industry. Therefore, the market for organic snack foods is mostly driven by young customers' high impulse buying tendencies.
With a high CAGR of 4.1% over the projected period, it is expected that the global Organic Snack Food Market would increase from US$ 9.1 billion in 2023 to US$ 13.5 Billion by 2033.
Organic snack food has become increasingly popular in North America due to its many health benefits. Consumers are drawn to these snacks because they are free of synthetic pesticides, growth hormones, and preservatives. The organic snack food market is continuously growing and developing in the region as more people look for healthier alternatives.
Organic snack foods provide a multitude of nutrients that help build strong bones, reduce inflammation, boost immunity, and support overall health; plus their ingredients often lack artificial colors or flavors. This makes them much healthier than non-organic options which may contain added sugars and unhealthy fats like trans-fat or saturated fat. Additionally, organic snacks usually have fewer calories than their conventional counterparts making them an ideal choice for those looking to maintain a healthy diet.
Organic snack food is becoming increasingly popular in Europe, as consumers become more mindful of their diets. The market for organic snack food has seen strong growth over the past few years, with demand continuing to grow. Organic products are now widely available across Europe, and their growing popularity is prompting manufacturers to introduce new products that cater to a variety of dietary needs.
The European market for organic snacks has been largely driven by demand from health-conscious consumers who are looking for healthier options than traditional snacks. This change in consumer behavior has encouraged many companies to focus on developing more nutritious and sustainable alternatives that offer both convenience and taste. Additionally, the increasing awareness of the negative impacts of processed foods on health is driving up sales of organic snacks in Europe too.
The organic snack food market in the Asia Pacific is growing at a rapid rate, with many consumers keen to purchase healthier options. In recent years, the region has seen an increasing demand for snacks made from natural and organic ingredients, as well as those that are free from artificial preservatives and additives. Organic snacks have become increasingly popular among health-conscious consumers looking to maintain their diet without compromising on taste.
A key factor driving the growth of the market is the rise of health consciousness among individuals in the Asia Pacific. Consumers in this region are now more aware of the benefits that come with consuming organic food products, such as improved nutrient content and fewer toxins. Moreover, there is a growing preference for natural ingredients over artificial ones which has further pushed forward the demand for these products.
Principal Consultant
Organic snack food has become a major hit in the market lately, especially with its chocolate flavor. It is no wonder why the demand for this product has been steadily increasing. Consumers have found that organic snack food has many advantages over other regular snacks. The most significant of these advantages is its health benefits. Organic snack food contains natural ingredients and does not contain any artificial preservatives or flavorings. This means that it is a much healthier option than regular snacks which often contain trans-fats and chemical additives.
The rich flavor of chocolate also plays an important role in driving demand for organic snack foods. Chocolate pairs perfectly with many different ingredients, such as nuts and dried fruits, making it a great accompaniment to healthy snacks like trail mix or granola bars.
Organic snack foods have become increasingly popular in recent years, as more consumers are looking to eat healthier options. The organic snack food market is segmented on its channel of distribution based on the different types of businesses that provide access to these products. This includes traditional grocery stores, natural and specialty food stores, convenience stores, e-commerce sites, and direct-to-consumer channels.
Traditional grocery stores account for the largest portion of sales within this segment, followed by natural and specialty food outlets such as health food stores or farmers' markets. Convenience stores are also a popular source of organic snacks because they often offer a wide selection at competitive prices. E-commerce sites have also seen an increase in demand for organic snack foods due to their ability to provide convenient access from anywhere in the world.
Companies are constantly competing against each other for larger shares in the competitive landscape of the organic snack food market.
Furthermore, manufacturers are introducing new flavors and snacks to satisfy changing consumer preferences and attract new customers to their product segments. For example, consumers have responded positively to healthier options like gluten-free or protein bars which have become increasingly popular among health-conscious individuals.
The key players in this competitive landscape are Frito-Lay, and PepsiCo. General Mills and Kellogg's; these four companies hold the most significant shares of the US organic snacks market.
Companies like PepsiCo have been quick to capitalize on this trend by introducing organic snack lines such as Naked Juice Co.
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| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD Billion for Value and Units for Volume |
| Key Regions Covered |
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| Key Countries Covered |
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| Key Segments Covered |
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| Key Companies Profiled |
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| Report Coverage | DROT Analysis, Market Forecast, Company Share Analysis, Market Dynamics and Challenges, Competitive Landscape, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The Organic Snack Food market will reach nearly US$ 9.1 Billion by 2023.
The Organic Snack Food market is expected to rise at a CAGR of 4.1%.
The US, Canada, Mexico, Argentina, Brazil, Germany, the UK, France, Turkey, Italy, Russia, Spain China, Japan, India, Indonesia, South Korea, and Australia are the major countries driving the demand for Organic Snack Food market.
The China Organic Snack Food market will grow at 5.8% CAGR between 2023 and 2033.
The India Organic Snack Food market will grow at 5.4% CAGR between 2023 and 2033.
The UK Organic Snack Food market will grow at 5.1% CAGR between 2023 and 2033.
• Frito-Lay • Kellogg’s • Pure Organic • General Mills • Organic Food Bar
The global demand for the Organic Snack Food market is forecasted to surpass US$ 13.5 Billion by the year 2033.
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