Global organic snacks market is expected to grow at an impressive CAGR of around 15% during the forecast period. The global organic snacks market is driven by increasing popularity of organic snacks owing to altering food habits among the consumers. Moreover, rising disposable income coupled with availability of wide variety of products is positively impacting the growth of market during the forecast period. Also, increase in demand and consumption of organic foods, is further expected to bolster the growth of market over the next few years.
The global organic snacks market is segmented based on type, distribution channel, company, and region. Based on type, the market can be categorized into cookies & crackers, fruit snacks & dried fruit snacks, puffs & chips, energy bar, meat snacks & others. Out of which, the puffs & chips segment is expected to register high growth in the market during the forecast period as well. This can be ascribed to rise in consumption of convenient food items coupled with easy availability of such products. In terms of distribution channel, the market is fragmented into supermarkets/hypermarkets, retail outlets, specialty stores, online and others. Out of which, the retail outlets segment is projected to grow at a high CAGR over the next 5 years on account of the fact that customers can check and compare all the products before buying by themselves.
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The major players operating in the organic snacks market are Annie’s Homegrown Inc, Navitas Organics, Clif Bar & Company, My Super Foods, Sprout, Yummy Earth Inc., Peeled Snacks, Beanitos Inc., Late July Snacks LLC, 8 Rabbits and others. Major companies are developing new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions, partnership, agreements in order to expand their geographic reach and to increase their customer base.
Objective of the Study:
- To analyze and estimate the market size of global organic snacks market from 2017 to 2020.
- To estimate and forecast the market size of global organic snacks market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global organic snacks market based on type, distribution channel, company and regional distribution.
- To identify dominant region or segment in the global organic snacks market.
- To identify drivers and challenges for global organic snacks market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global organic snacks market.
- To conduct pricing analysis for global organic snacks market.
- To identify and analyze the profile of leading players operating in global organic snacks market.
- To identify key sustainable strategies adopted by market players in global organic snacks market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.
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TechSci Research calculated the market size of global organic snacks market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Organic snacks manufacturers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to organic snacks
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global organic snacks market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Organic Snacks Market, By Type:
- Cookies & Crackers
- Fruit Snacks & Dried Fruit Snacks
- Puffs & Chips
- Energy Bar
- Meat Snacks
- Others
- Global Organic Snacks Market, By Distribution Channel:
- Supermarkets/Hypermarkets
- Retail Outlets
- Specialty stores
- Online
- Others
- Global Organic Snacks Market, By Region:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global organic snacks market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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