Global Organic Snacks Market 2018-2022

The organic snacks market size has the potential to grow by $9.58 billion during 2018-2022, and the market's growth momentum will accelerate during the forecast period because of the steady increase in year-over-year growth. This report provides a detailed analysis of the market by product (prepared snacks, bars and nuts, salty snacks, fruit snacks, and others), distribution channel (offline and online), and geography (the Americas, APAC, and EMEA). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Conagra Brands, General Mills, Hain Celestial, Hormel Foods, and SunOpta.

Below are some of the key findings from this organic snack market analysis report

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Global organic snacks industry overview

The increasing spending capacity of people, especially in emerging economies is driving the organic snacks market. The growth in per capita income has strengthened the purchase potential of middle-class consumers in these countries, which increases their affordability to spend on premium and healthy products. The use of pesticides, GMOs, and chemicals during food harvest raises health concerns and as consumers in emerging economies have more spending power, people are more selective about what they are consuming as food. This has resulted in the adoption of organic food and organic snacks to rise and has shown the wide acceptance of organic snacks in metropolitan cities and in tier 2 and tier 3 cities of the emerging economies. Thus, the increased spending capacity is driving the organic snacks market growth at a CAGR of close to 12% during the forecast period.

Top organic snacks companies covered in this report

The global organic snacks market is fragmented. The market is in the growth phase and the competition is expected to become more intense by the end of the forecast period. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and contains information on the products offered by various leading companies. Additionally, this organic snack market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading companies including:

• Conagra Brands
• General Mills
• Hain Celestial
• Hormel Foods
• SunOpta

 Organic snacks market segmentation based on product

• Prepared snacks
• Bars and nuts
• Salty snacks
• Fruit snacks
• Others

Prepared snacks were the dominating product of the global organic snacks market in 2017. The market share of this segment will continue to dominate the market throughout the next five years.

Organic snacks market segmentation based on region

• The Americas
• APAC
• EMEA

With a complete study of the growth opportunities within each major geographical segment, this report highlights that the Americas region will account for the highest growth of this market throughout the forecast period, providing market participants with the largest growth opportunity.

Key highlights of the global organic snacks market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the organic snacks market during the next five years
• Precise estimation of the global organic snacks market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the organic snacks industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of organic snacks companies

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