Healthy Snack Market Forecast To Reach $32.8 Billion By 2025
The global healthy snack market size was valued at USD 21.1 billion in 2016 and is expected
to grow at a CAGR of 5.1% from 2014 to 2025. The evolution of consumer perception about
snacking along with key attributes such as ease of consumption, variety, and portability are
expected to drive the market over the forecast period”
The global healthy snack market is expected to reach USD 32.8 billion by 2025,
according to a new report by Grand View Research, Inc. Rising awareness about healthy
snacking habit along with the easy to use, and mobility of product is further propelling
the market growth.
The hectic lifestyle and changing demographics with the rise of young population in Asia
Pacific region are some of the factors positively influencing the market. In addition, the
preference for healthy snacks over the traditional ones is increasing as it is convenient
to carry and consume. These properties are expected to have a positive impact on the
industry.
The growth in demand for single serve bars of cereals, granola, nuts & seeds, and, meat
is rising due to growing working class, which is engaged in long working hours, and
prefers nutritious snacks in between meals. The booming retail sector, coupled with
efficient supply chain, and creative marketing strategies, is expected to augment market
growth over the forecast period.
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