The Global Organic Snack Food Market Report by The Business Research Company covers organic snack food market drivers and restraints, organic snack food market size, major players, and the impact of COVID-19 on the organic snack food market.
The organic snack food manufacturing market consists of sales of non-GMO nutritional food items and related services. Organic snack foods are manufactured using organically certified ingredients that do not contain genetically modified organisms (GMOs) and artificial additives. Organic snack food contains healthy nutrients and ingredients such as minerals, proteins, and vitamins. For example, nutritious and gluten-free items which include tortilla chips, corn chips, potato chips, chocolates, raisins, bagel, pretzels, cookies, and pancakes, made from organic ingredients are termed as organic snack food.
The growth in spending capacity of the end users coupled with the growing health consciousness and rising consumption of organic foods by the populace owing to harmful side effects of conventional snacks including increasing calorie content, increasing obesity and less nutritional benefits is driving the market.
The global organic snack food market is expected to grow from $10.81 billion in 2020 to $12.41 billion in 2021 at a compound annual growth rate (CAGR) of 14.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $20.53 billion in 2025 at a CAGR of 13%.
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Some organic snack food market trends include many food manufacturers making new and healthy snack launches. They are doing this by reducing the use of artificial colors and increasingly using natural ingredients in order to meet the consumer requirements for healthier and natural ingredients.
Global organic snack food market segments include:
1) By Product Type: Fruit Snacks & Dried Fruit Snacks, Puffs & Chips, Energy Bar, Meat Snacks, Others.
2) By Sales Channel: Hypermarkets And Supermarkets, Online Retailers, Food And Drink Specialists Stores, Convenience Stores.
3) By Age Group: Millennial, Generation X, Baby Boomers.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Organic Snack Food Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides organic snack food market overviews, analyzes and forecasts market size, share, organic snack food market players, organic snack food market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The organic snack food market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Organic Snack Food Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Sprout, My Super Foods, Clif Bar & Company, Annies Homegrown Inc, NurturMe, Navitas Organics, YummyEarth, Inc., Utz Quality Food, LLC, Eat Real, Creative Snacks Co., Hain Celestial, AMCON, Amy’s Kitchen, Clif Bar and Company.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Organic Snack Food Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Organic Snack Food Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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