The high fiber snacks market size is expected to see strong growth in the next few years. It will grow to $34.56 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. In the forecast period, growth can be attributed to several factors, increasing consumer demand for sustainable and ethically sourced ingredients, heightened emphasis on reducing food waste and utilizing eco-friendly packaging, the emergence of personalized nutrition and customized snack options, adaptation of products to cater to local tastes and preferences, development of snacks with added health benefits, and the influence of social media and digital marketing campaigns. Major trends anticipated during this period include the incorporation of probiotics and prebiotics into snacks, the adoption of eco-friendly packaging solutions, greater transparency in ingredient sourcing, the expansion of customizable snack offerings, continuous product innovation and diversification, and advancements in food processing techniques to enhance nutritional value and quality.
The growth of the high fiber snacks market is expected to be driven by increasing demand for healthy foods in the coming years. This rise in demand is fueled by factors such as heightened awareness about health, the prevalence of lifestyle-related diseases, better access to nutritional information, and a shift in consumer preferences towards natural and organic products. High fiber snacks are sought after as nutritious food choices that aid digestion, promote satiety, and contribute to overall dietary health by providing essential nutrients and lowering the risk of certain diseases. For example, Agriculture and Agri-Food Canada reported in November 2023 that sales of natural savory snacks, including high fiber options, are projected to reach US$2.69 billion in 2022, marking a growth rate of 5.2% since 2021. Therefore, the increasing demand for healthy foods is expected to propel the growth of the high fiber snacks market.
Key companies in the high fiber snack market are concentrating on developing innovative and nutritious snack alternatives to meet the expanding consumer demand for convenient and healthy food choices. These innovative alternatives refer to new food products that provide nutritional benefits while satisfying consumer preferences for taste, convenience, and health. For instance, in October 2021, OptiBiotix Health PLC introduced SnackSmart Fruit and Fibre Gummies, a healthy snack made with their proprietary WellBiome blend of functional fiber and minerals. This patented blend includes inulin, xylo-oligosaccharide (OptiXOS) prebiotic fiber, and magnesium, promoting gut microbiome diversity and gut barrier integrity by fostering health-supporting bacteria in the gut.
In February 2024, RIND Snacks Inc., a US-based producer of healthy snack foods, acquired Small Batch Organics to enhance its range of nutritious food products. This strategic acquisition allows RIND Snacks to integrate Small Batch Organics' healthy snack platform into its offerings. Small Batch Organics specializes in manufacturing granola products and is based in the United States.
Major companies operating in the high fiber snacks market are Nestle Holdings Ltd., PepsiCo Inc., Mars Inc., Mondelez International Inc., Hodgson Mill Inc., General Mills Inc., Post Holdings Inc., Flowers Foods Inc., The Hain Celestial Group Inc., Ardent Mills LLC, Nature's Path Foods Inc., Bob's Red Mill Natural Foods Inc., Grain Millers Inc., Kind LLC, Kellogg India Pvt. Ltd, Atkins Nutritionals Inc., Hive Brands Holdings Inc., Bearded Brothers LLC, Go Macro LLC., Pure Snacks Private Limited.
North America was the largest region in the high fiber snacks market in 2023. The regions covered in the high fiber snacks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the high fiber snacks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
High fiber snacks are food items rich in dietary fiber per serving, promoting digestive health and enhancing satiety. These snacks commonly feature fruits, vegetables, whole grains, nuts, and seeds, offering a convenient way to meet daily fiber intake goals.
The primary categories of high fiber snacks include cereal and granola bars, nuts and seeds, dried fruits, meat snacks, biscuits and cookies, trail mix snacks, and others. Cereal and granola bars are compact, ready-to-eat snacks typically composed of grains, nuts, seeds, and sweeteners, shaped into bars for easy consumption. These snacks are available in both organic and conventional varieties and are distributed through various channels such as supermarkets or hypermarkets, specialty stores, convenience stores, online retailers, among others.
The high fiber snacks market research report is one of a series of new reports that provides high fiber snacks market statistics, including high fiber snacks industry global market size, regional shares, competitors with a high fiber snacks market share, detailed high fiber snacks market segments, market trends and opportunities, and any further data you may need to thrive in the high fiber snacks industry. This high fiber snacks market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The high fiber snacks market consists of sales of high-fiber bars, whole grain crackers, chia seed pudding, chips, and trail mix. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
High Fiber Snacks Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on high fiber snacks market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for high fiber snacks? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The high fiber snacks market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Cereal And Granola Bars; Nuts And Seeds; Dried Fruits; Meat Snacks; Biscuits And Cookies; Trail Mix Snacks; Other Products2) By Nature: Organic; Conventional
3) By Distribution Channel: Supermarkets Or Hypermarkets; Specialty Stores; Convenience Stores; Online Retailers; Other Distribution Channels
Key Companies Mentioned: Nestle Holdings Ltd.; PepsiCo Inc.; Mars Inc.; Mondelez International Inc.; Hodgson Mill Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Nestle Holdings Ltd.
- PepsiCo Inc.
- Mars Inc.
- Mondelez International Inc.
- Hodgson Mill Inc.
- General Mills Inc.
- Post Holdings Inc.
- Flowers Foods Inc.
- The Hain Celestial Group Inc.
- Ardent Mills LLC
- Nature's Path Foods Inc.
- Bob's Red Mill Natural Foods Inc.
- Grain Millers Inc.
- Kind LLC
- Kellogg India Pvt. Ltd
- Atkins Nutritionals Inc.
- Hive Brands Holdings Inc.
- Bearded Brothers LLC
- Go Macro LLC.
- Pure Snacks Private Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 24.34 Billion |
Forecasted Market Value ( USD | $ 34.56 Billion |
Compound Annual Growth Rate | 9.2% |
Regions Covered | Global |
No. of Companies Mentioned | 20 |