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Healthy Snacks Market to be Worth $152.5 Billion by 2030: Grand View Research, Inc.
Rising health concerns, changing lifestyles and diets, and the increased substitution of meals with snacks are reported to be driving the industry. Obesity and other disorders are on the rise around the world, prompting people to adopt healthier lifestyles and, as a result, consume healthier snacks like rice snacks and multigrain chips (crisps). With the emergence of the COVID-19 pandemic, the focus on healthy snacks has intensified further and has thereby, driven market growth in recent years.
Savory snacks was the largest segment in the product category globally. The growing trend of working from home being witnessed across the world is one of the significant factors that is expected to drive demand for savory snacks during the forecast period. On the basis of distribution channels, supermarkets and hypermarkets accounted for the major share in the global healthy snacks market. The expansion of the retail business has resulted in a considerable increase in the number of hypermarkets and supermarkets around the world. Therefore, consumption and sales of healthy snacks have increased especially in developing economies.
North America dominated the market in 2021 and is expected to maintain its dominance during the forecast period. The regional market is dominated by high demand for healthy snacks in the U.S. Snack consumption was already at a high rate in this region, however, with the COVID-19 pandemic the rate of healthy snacks consumption has risen exponentially. Nowadays, a growing number of individuals are becoming health-conscious and seeking out nutritious snacks.
Grand View Research has segmented the global healthy snacks market on the basis of product, distribution channel, and region:
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Sherry James
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Grand View Research, Inc.
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