The Organic Snack Food Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
Learn More On The Organic Snack Food Market:
https://www.thebusinessresearchcompany.com/report/organic-snack-food-global-market-report
According to The Business Research Company’s Organic Snack Food Global Market Report 2024, The organic snack food market size has grown strongly in recent years. It will grow from $10.68 billion in 2023 to $11.51 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to growing health consciousness, preference for organic products, retail expansion, dietary trends.
The organic snack food market size is expected to see strong growth in the next few years. It will grow to $14.93 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to sustainability concerns, e-commerce growth, regulatory support, expanding distribution channels. Major trends in the forecast period include product innovation, increased investment, clean labeling, plant-based and vegan options, functional ingredients, convenience and on-the-go snacking, innovative packaging.
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 fewer nutritional benefits, is driving the market. Moreover, the increasing spending capacity of people, especially in developing countries like India and China, is contributing to higher demand for organic snack food manufacturing over the forecast period. For instance, in March 2023, according to China Power, a China-based power related company, China’s government budget for 2023 includes a 5.6% increase in expenditure, leaving the country with an official projected deficit of nearly RMB 3.9 trillion ($564.1 billion), up 15.1% from 2022. . Therefore, increasing consumer spending is predicted to generate higher demand for growth of organic snack food market in the forecast period.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=3088&type=smp
The organic snack food market covered in this report is segmented –
1) By Product Type: Fruit Snacks & Dried Fruit Snacks; Puffs & Chips; Energy Bar; Meat Snacks; Other Product Types
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
The organic snack food market report table of contents includes:
.
.
.
Top Major Players
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The warmer display cases global market report 2024 from The Business Research Company provides comprehensive…
The veterinary renal disease global market report 2024from The Business Research Company provides comprehensive market…
The spring loaded industrial cable reels global market report 2024 from The Business Research Company…
The secure data destruction global market report 2024 from The Business Research Company provides comprehensive…
The qr code payments global market report 2024 from The Business Research Company provides comprehensive…
The plastic additives global market report 2024 from The Business Research Company provides comprehensive market…