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The nuts & seeds, and dried fruit segment are expected to collectively account for 27.2%
of the global market share in 2025. The demand for these products is attributed to the
immediate energy requirement fulfilled by the consumption of these products. In addition,
the availability of various flavors is projected to boost the demand for these products
over the forecast period.
Europe was the leading region due to changing perceptions about snacking among the
younger consumers. The younger population is demanding more nutritive function from
the snacks, which is leading to growing reliance on snacking as a healthy alternative.
The availability of a variety of healthy snacks options is leading to the expansion of the
overall market in this region.
Further key findings from the report suggest
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The market is expected to grow at a CAGR of 5.1% from 2017 to 2025 on account
of increasing awareness about healthy snacking habits. Cereals and granola bars
will witness fastest growth in terms of revenue at a CAGR of 6.3% from 2017 to
2025 owing to its nutritious contents.
Europe market is expected to witness significant development and was valued at
USD 7.3 billion in 2016 on account of rising demand from the increasing younger
population
Key participants include General Mills, Mondelez International, Inc., PepsiCo
Foods, Nestlé S.A., B&G Food Inc, The Kellogg Company and others. These
companies are focused on increasing their global presence using product
differentiation strategies
In January 2017, General Mills, Inc., launched a new product series to address the
increasing demand of snacks across the globe. The product range includes
popular company brands such as Nature Valley Granola bars, Haagen-Dazs ice
cream, Yoplait Custard in healthy snacks category.
Read our blog on food and beverages industry:
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Table of content of global Healthy Snack market research report:
Chapter 1. Methodology and Scope
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