The Global Snack Food Market Report is Segmented by Product Type (Frozen Snacks, Savoury Snacks, and More), Ingredient Type (Conventional, Organic/Clean-Label), Packaging Type (Bags/Pouches, Cans, Others), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, and More), and Geography (North America, Europe, Asia-Pacific, South America, and More). The Market Forecasts are Provided in Terms of Value (USD).

According to Cognitive Market Research, the global Snack products market size will be USD 728540 million in 2025. It will expand at a compound annual growth rate (CAGR) of 5.80% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 211276.60 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 174849.60 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 269559.80 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 27684.52 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.1% from 2025 to 2033.
Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 29141.60 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 16027.88 million in 2025 and will grow at a compound annual growth rate (CAGR) of 2.1% from 2025 to 2033.
Potato specialty foods category is the fastest growing segment of the Snack products industry

Market Dynamics of Snack products Market

Key Drivers for Snack products Market

Rise of E-Commerce and Online Shopping Will Drive Market Growth:

the snack products market in the coming years. E-commerce is the buying and selling of goods and services over the internet, while online shopping is the act of purchasing products via digital platforms. Online platforms offer convenience, a larger product selection, detailed information, personalisation, and a variety of promotional incentives. Furthermore, e-commerce's direct-to-consumer approach and global accessibility have opened up new markets and opportunities for snack companies, resulting in increased savory snack consumption and sales. For instance, in April 2024, according to the European Commission, a Belgium-based governing body that implements decisions and upholds EU treaties, 92% of those aged 16-74 surveyed used the internet in the previous year, with 70% purchasing goods or services, a 2% increase from 2022. Furthermore, 75% of EU internet users purchased goods online in 2023, demonstrating the continued growth of e-commerce. As a result, the rise of e-commerce and online shopping is fueling the growth of the snack products market.

https://ec.europa.eu/eurostat/statistics-explained/index.php/E-commerce_statistics_for_individuals

Convenience food products are positively affecting the snack market:

The increased adoption of convenience food products is helping to drive future growth in the snack products market. Restaurant meals and ready-to-eat food from supermarkets are examples of convenience foods that save time on food shopping, preparation, and cleanup. Convenience food products are useful for people who lack cooking skills or do not have time to search for and execute recipes from scratch, resulting in ready-to-eat meals. As a result, the increased use of convenience food products raises the demand for savory snack products. For instance, in July 2022, according to The Hindu Business Line, an Indian business newspaper, 79% of Indian households preferred instant food due to time constraints. As a result, the increasing popularity of convenience food products is propelling the convenience food products market forward

Restraint Factor for the Snack products Market

Balancing Health and Indulgence Will Limit Market Growth:

Creating healthy and delicious snacks is a significant challenge for manufacturers. Consumers are increasingly demanding healthier options with less fat, salt, and sugar, but they don't want to sacrifice flavor or satisfaction. Achieving this balance necessitates creativity and careful reformulation. Manufacturers must investigate alternative ingredients and advanced food processing technologies in order to maintain the taste and texture that consumers prefer while improving the nutritional profile of their products. This delicate balancing act is critical for capturing the health-conscious market segment while not alienating traditional snack consumers wh...

Global healthy snacks market worth at USD 97.35 Billion in 2024, is expected to surpass USD 188.03 Billion by 2034, with a CAGR of 6.3% from 2025 to 2034.

Snack Food Market size was valued at USD 568.69 Billion in 2023 and is projected to reach USD 906.41 Billion by 2031, growing at a CAGR of 6% from 2024 to 2031.

Key Market Drivers: Increasing Urbanization and Busy Lifestyles: The rising pace of urbanization is increasing the demand for portable snack options. According to the United Nations, 68% of the global population is expected to reside in cities by 2050, up from 55% in 2018. This tendency is contributing to busier lifestyles and an increased demand for quick, portable eating options. Expansion of E-commerce and Direct-To-Consumer Channels: The rise of online e-commerce is transforming snack food distribution. According to the United States Census Bureau, e-commerce sales made up 14.0% of total retail sales in 2020, up from 11.0% in 2019. This movement opens up new options for snack food businesses to reach out to customers directly. Growing Health Consciousness: Consumers are increasingly looking for healthier snack options. The International Food Information Council's 2020 Food & Health Survey discovered that 43% of Americans always or frequently look for healthy food options when shopping, up from 38% in 2019. This trend is fueling innovation in the better-for-you food category.

The global snack food products market attained a value of nearly USD 1532.34 Billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 2.80% reaching about USD 2019.70 Billion by 2034.

Savory Snack Products Market valued at USD 231.66 Billion in 2024, rising to USD 403.52 Billion by 2034 at 5.7% CAGR, Discover health-focused innovations reshaping global snacking trends.

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Snack Market Size 2025-2029

The snack market size is valued to increase USD 387.9 billion, at a CAGR of 7.4% from 2024 to 2029. Rise in disposable income and change in lifestyle will drive the snack market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 42% growth during the forecast period.
By Product - Bakery products segment was valued at USD 383.70 billion in 2023
By Distribution Channel - Offline segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 96.26 billion
Market Future Opportunities: USD 387.90 billion
CAGR from 2024 to 2029: 7.4%

Market Summary

The market has witnessed significant expansion in recent years, fueled by increasing disposable income and shifting consumer preferences. E-commerce platforms and online retailing has emerged as a key growth driver, enabling convenient access to a wide array of snack options. The market's value is projected to reach new heights, with the number of health-conscious consumers on the rise. This trend is transforming the snack landscape, as manufacturers respond to demands for nutritious, convenient, and innovative products. Despite these opportunities, challenges persist, including rising production costs and intensifying competition.
As the market continues to evolve, players must adapt to consumer demands and leverage technology to stay competitive. According to market research, the market was valued at over USD 400 billion in 2020, underscoring its immense potential for growth.

What will be the Size of the Snack Market during the forecast period?

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How is the Snack Market Segmented?

The snack industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Bakery products
  Chocolate
  Savory snacks
  Frozen snacks
  Others


Distribution Channel

  Offline
  Online


Packaging

  Bags and pouches
  Boxes
  Cans
  Jars
  Others


Nature

  Conventional
  Organic
  Gluten-Free
  Vegan
  Reduced Fat/Sugar/Salt


Flavor

  Salty
  Sweet
  Spicy
  Savory
  Tangy
  Unflavored


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Product Insights

The bakery products segment is estimated to witness significant growth during the forecast period.

The market encompasses a wide array of products, with the bakery segment experiencing significant growth. This expansion is driven by the increasing disposable incomes and evolving lifestyles of consumers in emerging economies. Consumers are increasingly seeking healthier options, leading to a surge in demand for gluten-free, low-carb, and high-fiber baked goods. The bakery products segment is continually innovating, with new launches focusing on yield improvement strategies, such as nitrogen fixation and phosphorus solubilization, and sustainable agriculture practices, like organic matter decomposition and humic acid fertilizer use. These advancements are supported by data-driven farming solutions, environmental monitoring systems, and Precision Agriculture technology, enabling better crop health assessment, disease resistance mechanisms, and pest control methods.

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The Bakery products segment was valued at USD 383.70 billion in 2019 and showed a gradual increase during the forecast period.

In fact, the global bakery products market is projected to grow by 3% annually, with a key factor being the strong distribution network between manufacturers and various customers, including retailers, supermarkets, hypermarkets, food service centers, and e-commerce websites, during the forecast period.

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Regional Analysis

APAC is estimated to contribute 42% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market is experiencing significant expansion in response to the burgeoning food retail sector, particularly in developing nations within the Asia Pacific (APAC) region. This growth is driven by ongoing development efforts in countries such as China, India, Thailand, and Japan, which are fueling retail market advancements. Consequently, consumer interest in novel snack products is escalating, leading to a surge in demand. Packaged snacks, with their convenience and ready-to-eat (RTE) attri

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Healthy Snack Market Size 2025-2029

The healthy snack market size is forecast to increase by USD 27 million, at a CAGR of 5.1% between 2024 and 2029.

Major Market Trends & Insights

North America dominated the market and accounted for a 43% growth during the forecast period.
By the Distribution Channel - Supermarkets and hypermarkets segment was valued at USD 29.80 million in 2023
By the Product - Savory segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 46.10 million
Market Future Opportunities: USD 27.00 million 
CAGR : 5.1%
North America: Largest market in 2023

Market Summary

The market has witnessed significant evolution in recent years, with consumers increasingly prioritizing health and convenience. According to market research, the global healthy snacks market is projected to reach a value of USD223.4 billion by 2027, growing at a steady pace. This expansion is driven by several factors, including the rise in disposable income and change in lifestyle preferences. Online retailing has played a pivotal role in the market's growth, with e-commerce sales accounting for over 15% of total healthy snack sales in 2020. Moreover, the market's diversity continues to expand, with new product categories and innovations emerging. For instance, the plant-based snacks segment is expected to experience substantial growth due to the increasing popularity of plant-based diets. Price fluctuations in raw materials used in production have, however, posed challenges for manufacturers. Despite these hurdles, the market remains dynamic, with companies continuously exploring new product offerings and strategies to cater to evolving consumer demands. Overall, the market's continuous growth and innovation underscore its significance in the global food industry.

What will be the Size of the Healthy Snack Market during the forecast period?

Explore market size, adoption trends, and growth potential for healthy snack market Request Free SampleThe market exhibits consistent growth, with current sales representing approximately 20% of the total global snack industry. This sector's expansion is driven by increasing consumer awareness and preference for nutritious alternatives. Future growth is projected to exceed 15% annually, outpacing the overall snack market. A comparison of key performance indicators reveals that the market's revenue growth rate is significantly higher than the traditional snack market. Furthermore, the former's market share has expanded by over 12% in the last five years, while the latter has only experienced a 3% increase. These figures underscore the shifting consumer trends towards healthier options. Moreover, the market's product offerings cater to various dietary preferences and needs, such as non-GMO, vegan, and gluten-free. Companies invest in research and development to introduce novel food ingredients, plant-based protein sources, and reduced sugar formulations. This commitment to innovation and consumer demands drives competition within the market. Additionally, companies focus on sustainable packaging, ingredient traceability, and food safety audits to maintain customer trust and loyalty. These efforts contribute to the market's continuous evolution and expansion.

How is this Healthy Snack Industry segmented?

The healthy snack industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. Distribution ChannelSupermarkets and hypermarketsConvenience storesOnlineProductSavoryBakeryFruitDairyOthersApplicationOn-the-Go SnackingMeal ReplacementPre/Post WorkoutWeight ManagementGeneral WellnessGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazilRest of World (ROW)

By Distribution Channel Insights

The supermarkets and hypermarkets segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving the market, supermarkets and hypermarkets have emerged as the preferred distribution channels, capturing a significant market share. This trend is driven by several factors. First, the convenience of having a wide assortment of healthy snack options under one roof attracts consumers. Additionally, discounts and an enhanced shopping experience, facilitated by appealing shelf displays, further entice consumers to purchase from these channels. Supermarkets and hypermarkets also benefit from high product volumes, which grants them greater buying power. This advantage enables them to price products competitively by offering discounts, a strategy that may be challenging for rivals to replicate. Consequently, consumers can enjoy discounted p

The global healthy snacks market amounted to **** billion U.S. dollars in 2021 and is expected to grow at a rate of *** percent annually between 2022 and 2030. As such, the market should reach ***** billion U.S. dollars by 2030.During the pandemic, snacks were one of the most dynamic categories in the consumer goods industry, and consumers generally expressed higher expectations regarding their foods' nutritional value during that time.

According to Cognitive Market Research, the global Healthy Snacks Market size was XX million by 2031, whereas its compound annual growth rate (CAGR) was XX% from 2024 to 2031.

North America held the largest share of the global Healthy Snacks market around XX% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.
Europe accounted for a share of over XX% of the global Healthy Snacks market size of USD XX million.
Asia Pacific held a market share of around XX% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.
The Latin American market is around XX% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.
Middle East and Africa held the major market of around XX% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.

Market Dynamics of the Healthy Snacks Market

Key Drivers of the Healthy Snacks Market

Growing consumer desire for nutritious and functional foods will increase demand for healthy snack products

The need for functional foods among consumers to preserve general health and lower the risk of certain lifestyle-related chronic health disorders is driving the global market. Food aisles continue to attract consumers looking for healthier options. Functional components that are added to food items, like fiber, proteins, micronutrients, and organic, plant-based, and clean-label products, have become popular in retail channels. The market expansion of healthy snacks is driven by the growing promotion of such functional meals for improving digestive health, managing weight, and lowering the risk of obesity, diabetes, and cardiovascular illnesses.

Brands of healthy snacks are expanding rapidly because of social media influencers and a rise in health-conscious consumers. However, expanding these companies beyond specialized markets and maintaining profitability is a significant challenge.

• For Instance: On Feb 08, 2024 – Social media and consumer awareness put brands of healthy food on the rise.

https://economictimes.indiatimes.com/tech/startups/consumer-awareness-social-media-put-healthy-snack-brands-on-growth-path/articleshow/107500429.cms?from=mdr

Convenience food's growing appeal and on-the-go snacking's ability to assist advancements 

The demand for ready-to-eat foods, convenience, and on-the-go snacking is driving the rise of the healthy snack market. Products that are consumed on the go offer instant nutrition and a sense of fulfillment amidst a hectic schedule. For Instance: A recent stat of snacking research from Mondelez International states that 59% of adults globally would rather eat several smaller meals throughout the day than a few larger ones.

https://ir.mondelezinternational.com/news-releases/news-release-details/mondelez-international-releases-first-ever-state-snackingtm

Because snacks come in quantity sizes that are controlled, consumers also view them as a component of a balanced diet. These lightweight, portable packs provide you with a little energy boost during an exhausting job. The snack market has evolved by providing a variety of nutritious snack products to meet the growing demand for nourishment that is portable, and this is reflected in the emerging trend of healthy eating.

Restraint of the Healthy Snacks Market

Increased prices for healthy foods will limit market expansion

Because healthy snacks are typically expensive, it is anticipated that the global market for such products will experience growth constraints. The superior-grade raw materials utilized in the production are the reason for the higher costs. Conversely, novel raw materials are used to create healthier snacks. Their price immediately rises because of their enhanced nutritious worth. Because the market for healthy foods is less developed than that for potentially less healthy snacks, the former is more expensive and hence only serves a small segment of the population.

Stringent and variable regulations hamper the market growth 

Regulatory issues pose a major hurdle for businesses in ...

Market Research Intellect's Savory Snack Products Market Report highlights a valuation of USD 130 billion in 2024 and anticipates growth to USD 200 billion by 2033, with a CAGR of 5.5% from 2026-2033.Explore insights on demand dynamics, innovation pipelines, and competitive landscapes.

Snack food producers are undergoing a significant transformation driven by consumer preferences shifting toward healthier and sustainable options. The nuts and seeds segment alone accounts for over 30.0% of revenue in 2025, reflecting increasing demand for nutrient-dense, plant-based choices. Brands like KIND and Blue Diamond are innovating with nut-based products infused with probiotics and superfoods to meet this demand for snacks with functional health benefits. Companies are countering rising purchasing costs, fueled by agricultural price volatility due to geopolitical tensions, diversifying supply chains and investing in efficiency-enhancing technology to shield from further losses. They're also ramping up digital marketing efforts to stand out in a competitive, health-conscious market. Because of heightened volatility, producers have struggled to maintain steady sales growth, with revenue ultimately sinking at a CAGR of less than 2.4% over the past five years, falling 1.5% in 2025 alone to total $44.2 billion. Heightened competition has prompted innovation as top snack producers pivot to emphasize health and wellness. Eco-friendly packaging and sustainable sourcing are becoming critical strategies for maintaining relevance and securing long-term revenue streams. Companies like Frito-Lay and General Mills have broadened their offerings with gluten-free and vegan options. Notably, Frito-Lay's "Simply" line saw a 15.0% sales climb in 2024, underscoring the impact of consumer demand for healthier alternatives. However, rising input costs pose significant challenges, especially for key commodities like corn and wheat. To stabilize, producers are pursuing vertical integration and alternative sourcing. Intensified operational costs, including wages, are pressing companies to optimize strategies for profit amid growing competition from imports and a preference for exotic flavors; yet, only the largest producers have managed to boost profit through 2025. Over the next five years, the industry will continue being shaped by the unrelenting demand for health-conscious snacks. By 2030, the health-food market is expected to generate $42.0 billion, driven by an interest in low-sugar, high-protein and plant-based options. Sustainability will be a linchpin for industry transformation, with eco-friendly packaging set to double by 2030. As regulatory pressures mount, companies embracing sustainable practices will likely navigate more smoothly, gaining a competitive edge from environmentally conscious production. The industry's success will hinge on innovation, supply chain resilience and the integration of diverse, sustainable ingredients. Revenue will climb at a CAGR of 1.1% over the next five years, reaching $46.7 billion in 2030.

The Organic Snack Food Market is estimated to be valued at USD 9.9 billion in 2025 and is projected to reach USD 14.7 billion by 2035, registering a compound annual growth rate (CAGR) of 4.1% over the forecast period.

The Baked Savoury Snacks Market is Segmented by Product Type (Baked Chips, Pretzels, Extruded Snacks, Popcorn, Tortilla Chips, and More), Ingredient Base (Wheat, Corn, Rice, Multigrain, and More), Category (Conventional and Better-for-You/Health-Oriented), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Discover the booming savory snack market trends and analysis for 2025-2033. Explore market size, CAGR, key players (PepsiCo, Kellogg's, Mondelez), regional insights, and growth drivers. Learn about competitive landscapes and future projections for this lucrative industry.

The global savory snack products market size is estimated to be valued at USD 398.7 billion in 2025 and is projected to grow at a CAGR of 3.6% from 2025 to 2033, reaching USD 531.2 billion by 2033. The market growth is attributed to factors such as the increasing adoption of convenience foods, the growing popularity of plant-based snacks, and the rising disposable income levels in emerging economies. Key market drivers include the increasing demand for healthy and nutritious snacks, the expansion of the retail sector, and the growing popularity of online shopping. The market for savory snack products is segmented on the basis of application, type, company, and region. The application segment includes supermarkets and hypermarkets, convenience stores, online stores, foodservices, and others. The type segment includes potato chips, extruded snacks, popcorn, nuts and seeds, puffed snacks, tortillas, and others. The company segment includes Pepsi, Kellogg, General Mills, Calbee, ITC LIMITED, Mondelez International, Nestle SA, Grupo Bimbo, Hain Celestial, Blue Diamond Growers, Conagra Brands, The Kraft Heinz Company, Mars, Incorporated, Universal Robina Corporation, The Lorenz Bahlsen Snack-World, Campbell Soup Company, Old Dutch Foods, Amica Chips, Intersnack Group, and Tropical Heat. The region segment includes North America, South America, Europe, Middle East & Africa, and Asia Pacific.

The global snack food market, valued at approximately $XX million in 2025, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) of 16.89% from 2025 to 2033. This expansion is fueled by several key drivers. The rising disposable incomes in developing economies are increasing consumer spending on convenient and readily available snack options. Health-conscious consumers are driving demand for healthier snacks, such as fruit and vegetable-based options, leading to innovation in product formulations and ingredients. Furthermore, the increasing prevalence of busy lifestyles and on-the-go consumption patterns are bolstering the snack food market's growth. The market is segmented by type (Frozen Snacks, Savory Snacks, Fruit Snacks, Confectionery Snacks, Bakery Snacks, Other Types) and distribution channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail Stores, Other Distribution Channels), reflecting diverse consumer preferences and purchasing habits. Major players like PepsiCo, Kellogg's, Nestlé, and Mondelēz International dominate the market, leveraging their strong brand recognition and extensive distribution networks. Regional variations exist, with North America and Europe currently holding significant market shares, though the Asia-Pacific region demonstrates strong growth potential due to its burgeoning population and evolving consumer preferences. Market restraints include increasing health concerns regarding sugar and sodium content in many snack foods, leading to regulatory pressures and a shift towards healthier alternatives. Fluctuating raw material prices and economic uncertainties also pose challenges to the industry's sustained growth. However, the ongoing innovation in product offerings, such as gluten-free, organic, and vegan snacks, along with strategic partnerships and acquisitions by major players, is mitigating these challenges. The market is expected to see significant growth in the online retail segment, propelled by the increasing penetration of e-commerce and the convenience it offers consumers. The forecast period anticipates a continued expansion driven by these trends, positioning the snack food market for substantial growth over the next decade. Recent developments include: April 2023: PepsiCo's brand Frito-Lay and Quaker announced the opening of its industry-leading Greenhouse Learning Center at its R&D headquarters. The company claims that the establishment will be used to field test, measure, and analyze compostable snack product packaging to speed up the rate of innovation., February 2023: Hostess Holdings launched a new snack brand, Kazbars, a 'first-of-its-kind' innovation within the snack cakes market. The introduction of Kazbars, which is inspired by candy bars, provides a distinctive product to the category of snacks. Hostess is one of the companies in the snacking industry with the fastest growth., March 2022: Mondelez International Inc. acquired Chipta SA, a high-growth key player in the Central and Eastern European croissants and baked snack category.. Key drivers for this market are: Rising Demand for Convenient Foods Drives the Market, Growing Demand for Fortified Snack Food Supports the Market. Potential restraints include: Rising Demand for Convenient Foods Drives the Market, Growing Demand for Fortified Snack Food Supports the Market. Notable trends are: Rising Demand for Convenient Foods Drives the Market.

American consumers indulge in various snacks. Cookies are the snack that is eaten regularly by more Americans than any other. Chips and crisps (the survey was carried out in multiple countries and used American and British expressions for food items) followed in second place.

The snack food industry has been on a dynamic journey, adapting and evolving to meet the ever-changing demands of consumers. In recent years, the industry has shifted towards healthier options, responding to an increased public focus on wellness. Major players and niche brands alike have stepped into this health-conscious arena, with innovations like low-sugar and organic snacks capturing the limelight. However, this pivot hasn't come without challenges, as snack producers navigate rising input costs and increased competition, both domestically and globally. As a result, revenue has been weakening at a CAGR of 0.8% but is set to reverse course in 2025, dipping by a modest 0.2% and reaching $5.2 billion. Domestic brands offset volatile sales at home by expanding export efforts, culminating in export values hiking at a CAGR of 4.1%, reaching $625.2 million in 2025. Brands have successfully seized the demand for organic and non-GMO products worldwide. The industry's alignment with global trends of convenience and healthiness has made an impactful mark, with companies like MadeGood Foods gaining traction in international markets such as the US, Europe and Asia. Trade agreements like CUSMA and CETA have further smoothed the path for these expansions. However, the scene is far from easygoing; imports have eaten up a significant chunk of domestic demand and rising labour and costs have necessitated strategic maneuvers from snack producers to maintain their competitive edge. Snack food production's trajectory over the next five years looks more promising, with several trends set to shape a more beneficial landscape. Economic growth and rising disposable incomes are expected to bolster demand for premium snack options, while sustainability will continue to be a central pillar of brand differentiation. Producers are likely to continue riding the wave of health-oriented snacks, investing in R&D to develop products that align with evolving consumer preferences like plant-based and functional foods. Moreover, the potential of emerging technologies, such as AI and machine learning, stands to revolutionize personalized snack offerings, allowing producers to cater to individual dietary needs. Despite headwinds like potential regulatory changes and input costs, a focus on innovation and international market expansion is poised to fuel its growth and adaptation in the face of uncertainty. Revenue is forecast to climb at a CAGR of 0.7% over the next five years, reaching $5.3 billion in 2030.

For the 52 weeks ending March 3rd, 2024 chocolate was the category with the highest retail sales value in the United States, with approximately 20.67 billion U.S. dollars. Non chocolate was the second highest with nearly 12.09 billion U.S. dollars.