The size of the world market for organic snacks was $11.1 billion in US dollars in 2022. the market is expected to grow at a compound annual growth rate (CAGR) of 10.2% from 2023 to 2028, reaching US$ 20.4 billion.
Key factors fueling the global organic snacks market growth in upcoming years are rising health concerns as well as significance of consuming organic foods by the populace owing to the damaging side effects of conventional food snacks for instance obesity as well as high calorie content and less nutritional benefits. However, high procurement cost of the product can restrain the growth of the organic snack market in upcoming years.
The global market of organic snack market has been segmented by different product type, flavors, distribution channels and geography. Further, product type segment has been sub-segmented into fruit & dried fruit snacks, cookies & crackers, puffs & chips, meat snacks, Energy Bar and Others. Likewise, distribution channels segment has been bifurcated into supermarkets/hypermarkets, retail outlets, specialty stores, online stores and others. Similarly, flavors segment is sub-divided into chocolate, vanilla, strawberry and others.
Geographically, market of organic snack across the globe is divided to several key regions including Europe, North America, Latin America, Asia-Pacific and Middle East & Africa. The market of Europe is expected leas the market acquiring highest organic snack market share over the forecast period. Also, Asia-Pacific region is likely to grow with a moderate CAGR in upcoming years.
Some of the key players operating in highly competitive landscape of global organic snacks market include THE WHITEWAVE FOODS COMPANY, Conagra Brands, General Mills, Newman's Own, Hormel Foods, Amy’s Kitchen, Clif Bar & Company, AMCON Distributing Company, Frito-Lay, Dean Foods, Hain Celestial Group and Organic Valley. Furthermore, with rising demand for organic snacks among the people, the salespersons are more and more focusing over production as well as distribution of organic food products.
Global Organic Snacks Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2028 |
Study Period | 2018-2028 |
Forecast Unit | Value (USD) |
Revenue forecast in 2028 | US$ 20.4 billion |
Growth Rate | CAGR of 10.2 % during 2023-2028 |
Segment Covered | Color,Form,End-user. |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Selet Hulling PLC, Dipasa USA, Inc., ETICO, Accura Group, SunOpta, SHYAM INDUSTRIES, Dhaval Agri Exports, SARVODAY NATURAL, Fuerst Day Lawson, and Bishnoi trading corporation. |
Key segments of the global organic snacks market include:
- Product Type segment
- Cookies & Crackers
- Fruit & Dried Fruit Snacks
- Puffs & Chips
- Energy Bar
- Meat Snacks
- Others
- Distribution Channel Segment
- Supermarkets/Hypermarkets
- Retail Outlets
- Specialty Stores
- Online stores
- Others
- Geographical segment
- North America
- United States
- Canada
- Mexico
- Rest of North America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Australia
- India
- Rest of APAC
- Latin America
- Brazil
- Argentina
- Colombia
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Nigeria
- South Africa
- Rest of Middle East & Africa