The Global Organic Snack Market is projected to reach a value of over USD 19.2billion by 2027 at a CAGR of around 10.6%.
Organic snacks are produced organically using organic certified ingredients with do not contain any artificial additives and genetically modified organisms (GMO). These foods contain healthy and nutritional ingredients such as vitamins, minerals, and proteins. Consumption of organic food offers various health benefits such as increased sustained energy, improve cognitive function, helps boosting mental health, improves focus, and among others.
Market Driver:
Growing demand for food which is low in cholesterol and fat contents along with nutrients contents such as potassium, vitamins, and others nutrients has anticipated to escalate the growth of the global organic snacks market. Organic food helps to increase the nutritional level and offers various health benefits such as control weight, increase energy, digestive system, and boost immunity. According to the World Health Organization (WHO), about 13% of the world’s population were obese in 2017. Thus organic snacks are gaining popularity amongst consumers over conventional snacks across the globe owing to its nutrients properties and health benefits, which has expected to drive the market growth
Market Challenge:
Organic snacks are costlier than conventional grown foods. Organically processed food does not contain any genetically modified organisms or pesticides. Organic snacks are being manufactured from organically grown with natural fertilizers such as manure, and compost. Organic ingredients are costlier than that of conventional ingredients and pesticides as they are manufactured by a natural process which is complex than conventional ingredients. Thus, higher cost associated with organic snacks may pose a challenge to the growth of market during the forecasted period.
The report on the Organic Snack market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
Base Year for Market Calculation |
2020 |
Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) |
Segments Included |
Flavor, Product Type ,Application, Distribution Channel, and Region |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Organic Snack Market, by Product Type
Organic Snack Market, by Distribution Channel
Organic Snack Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE ORGANIC SNACK MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY