Cibi e Bevande
Organic Snacks Market Size Worth $19.29 Billion By 2027 | CAGR: 13.1%: Grand View Research, Inc.
https://www.grandviewresearch.com/industry-analysis/organic-snacks-market
Snack bars held the largest share of more than 15.0% in 2019. Increasing demand for go-to healthy small serving food has boosted sales of these products. These have become a convenient source of nutrition and sometimes replacement of heavy meal for the millennial and young population owing to their busy schedule.
In terms of distribution channels, supermarkets and hypermarkets are expected to dominate the industry throughout the forecast period. Availability of a wide range of products and shopping experience of these retail stores have been attracting consumers over the world. Walmart, Kroger, and Whole Foods are some of the prominent supermarkets operating across the globe.
The industry is characterized by high competition due to the presence of a large number of leading and medium-sized firms across the globe. Companies have been expanding their product portfolio in order to increase their consumer base. For instance, in February 2019 , Kashi Company, a U.S.-based organic food company, added chocolate and mixed berry superfood bites to its Kashi by Kids product line. These products are available at nationwide retailers and grocers, including Walmart, Amazon, Whole Foods, and Kroger.
Consumer F&B Industry,
Grand View Compass
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.
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