Global Organic Snack Market: Key Highlights
Global Organic Snack Market: Key Market Dynamics
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Global Organic Snack Market: Regional Overview
North America is expected to dominate organic snack market during the forecasted period. This has attributed by the increasing demand for gluten-free items in the US, robust growth of the sports nutrients industry, and rising concern regarding cardiovascular diseases caused due to consumption of red meat. According to the Center for Disease Control and Prevention (CDC), the numbers of adults diagnosed with heart disease were 30.3 million in 2018.
Europe is anticipated to account the largest share in organic snack market during the forecasted period owing to factors such as large-scale production and consumption of plant-based products, as well as high raw material costs. Moreover, the rising awareness regarding the benefits of organic snacks among consumers has led to increased inclination of manufacturers to comply with standards introduced by the EU regarding non-GMO products, thereby encouraging the growth of the organic snacks market in Europe.
Global Organic Snack Market: Key Players Overview
Danone is a Europe based company and is one of the global leader in food & beverage industry. The company operates through business segments including essential dairy and plant-based products, waters, early life nutrition and medical nutrition. Danone’s international product brands areActivia, Actimel, Alpro, Danette, Danonino, Danio, evian, Volvic, Nutrilon/Aptamil, and Nutricia. In August 2017, the company introduced a new line of snacks called Horizon Organic Good & Go!. The company offers peel-open packaging, which is convenient for school lunches. These products are available in different varieties including Cashews & Sweetened Cranberries, Cheddar, Raisins, Cheddar & Pretzels, and Colby & Apple Crisps.
Kashi is a US-based company and is engaged in plant-based food. The company offer broad range of product portfolio with more than 90 products and are sold across the US and Canada. Kashi offers various products including cereals, entrees, and snacks with curated ingredients. In February 2019, Kashi, introduced Kashi Organic Super Food Bites, made for kids. This will help to increase its product portfolio for kids.
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