The global high fibre snacks market was valued at $24.1 billion in 2022, and is projected to reach $56.8 billion by 2032, growing at a CAGR of 9% from 2023 to 2032. The demand for high-fiber snacks is growing at a rapid pace in recent years due to the increase in awareness over health-consciousness. Consumers have become more aware around the benefits and importance of a healthy diet which plays an important role in maintaining digestive health with an adequate amount of fiber. This increased awareness has increased the demand for snacks that offer health benefits along with the taste and affordability. The consumers in the developing regions follow specific dietary preferences or have food restrictions such as vegetarian, vegan, gluten-free, or low-carb diets. High-fiber snacks is becoming more popular to cater to these dietary needs, by offering attractive options for consumers looking for suitable snack options.
The factors such as consumer preference for healthier high-fiber snacks products, change in culture & lifestyle of the emerging Asian market, and increase in demand for convenience foods have impacted the growth of the high-fiber snacks market. Moreover, the market is expected to grow at a faster rate during the forecast period due to increase in population, rise in urbanization, and introduction of healthier bakery alternatives at reasonable costs. Supermarkets and hypermarkets are expected to remain the main sales channels for sweet and savory snacks for the near future. However, as a newly-emerging retail channel that is seeing rapid growth, internet retailing is expected to play a more important role.
As a result of brand-building efforts and the establishment of logistics systems, key business-to-consumer online retailers such as yihaodian and Tmall have become more popular among domestic consumers. Internet retailing is able to provide consumers in lower-tier cities with easier access to newly-launched sweet and savory snacks. The greatest potential threat to the growth of sweet and savory snacks is the consumers’ concern regarding food safety. By type, savory snacks held a major share in the market. Changing the lifestyle of people and consuming savory snacks in the parties, events and other functions that serve the people with beverages impact the savory snack market positively. The surge in consumption among the population and rapid urbanization influences the food and beverage industries of key growth of the market.
Snacking products are a leading trend in the food and beverage industry, which is a major key factor that fuels the growth of the global high-fiber snacks market. The business to consumer channel including the hypermarkets/supermarkets segment was the leading channel with maximum share in 2022 growing with a significant CAGR during the forecast period. This is attributed to the increase in business of retail sales in different regions and availability of large shelf space for maximum sales.
The high-fiber snacks market is segmented on the basis of nature, product, distribution channel, and region. By nature, it is bifurcated into organic and conventional. By product, the market is classified into cereal & granola bars, nuts & seeds, dried fruits, meat snacks, biscuits & cookies, trail mix snacks, and others. By distribution channel, it is divided into supermarkets/hypermarkets, specialty stores, convenience stores, online retailers, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, South Africa, and rest of LAMEA). The key players profiled in this report are Hodgson Mill, Inc., Bearded Brothers, LLC, BiteBox, Ardent Mills, Pure Snacks Private Limited, General Mills Inc., Flowers Foods, Inc., Energy Bar Foods, Kellogg Company, and Grain Millers, Inc.
The factors such as consumer preference for healthier high-fiber snacks products, change in culture & lifestyle of the emerging Asian market, and increase in demand for convenience foods have impacted the growth of the high-fiber snacks market. Moreover, the market is expected to grow at a faster rate during the forecast period due to increase in population, rise in urbanization, and introduction of healthier bakery alternatives at reasonable costs. Supermarkets and hypermarkets are expected to remain the main sales channels for sweet and savory snacks for the near future. However, as a newly-emerging retail channel that is seeing rapid growth, internet retailing is expected to play a more important role.
As a result of brand-building efforts and the establishment of logistics systems, key business-to-consumer online retailers such as yihaodian and Tmall have become more popular among domestic consumers. Internet retailing is able to provide consumers in lower-tier cities with easier access to newly-launched sweet and savory snacks. The greatest potential threat to the growth of sweet and savory snacks is the consumers’ concern regarding food safety. By type, savory snacks held a major share in the market. Changing the lifestyle of people and consuming savory snacks in the parties, events and other functions that serve the people with beverages impact the savory snack market positively. The surge in consumption among the population and rapid urbanization influences the food and beverage industries of key growth of the market.
Snacking products are a leading trend in the food and beverage industry, which is a major key factor that fuels the growth of the global high-fiber snacks market. The business to consumer channel including the hypermarkets/supermarkets segment was the leading channel with maximum share in 2022 growing with a significant CAGR during the forecast period. This is attributed to the increase in business of retail sales in different regions and availability of large shelf space for maximum sales.
The high-fiber snacks market is segmented on the basis of nature, product, distribution channel, and region. By nature, it is bifurcated into organic and conventional. By product, the market is classified into cereal & granola bars, nuts & seeds, dried fruits, meat snacks, biscuits & cookies, trail mix snacks, and others. By distribution channel, it is divided into supermarkets/hypermarkets, specialty stores, convenience stores, online retailers, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, South Africa, and rest of LAMEA). The key players profiled in this report are Hodgson Mill, Inc., Bearded Brothers, LLC, BiteBox, Ardent Mills, Pure Snacks Private Limited, General Mills Inc., Flowers Foods, Inc., Energy Bar Foods, Kellogg Company, and Grain Millers, Inc.
KEY MARKET SEGMENTS
By Nature
- Organic
- Conventional
By Product
- Cereal and Granola Bars
- Nuts and Seeds
- Dried Fruits
- Meat Snacks
- Biscuits and Cookies
- Trail Mix Snacks
- Others
By Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Retailers
- Others
By region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- South Africa
- Middle East
- Rest of LAMEA
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the high fibre snacks market analysis from 2022 to 2032 to identify the prevailing high fibre snacks market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the high fibre snacks market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global high fibre snacks market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Retailers
- Others
By Nature
- Organic
- Conventional
By Product
- Cereal and Granola Bars
- Nuts and Seeds
- Dried Fruits
- Biscuits and Cookies
- Trail Mix Snacks
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- Rest of LAMEA
Key Market Players
- Ardent Mills
- Bearded Brothers, LLC
- BiteBox
- Energy Bar Foods
- Flowers Foods, Inc.
- General Mills Inc.
- Grain Millers, Inc.
- Hodgson Mill, Inc.
- Kellogg Company
- Pure Snacks Private Limited
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: HIGH FIBRE SNACKS MARKET, BY NATURE
CHAPTER 5: HIGH FIBRE SNACKS MARKET, BY PRODUCT
CHAPTER 6: HIGH FIBRE SNACKS MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 7: HIGH FIBRE SNACKS MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to this report, the high fibre snacks market was valued at $24.1 billion in 2022, and is estimated to reach $56.8 billion by 2032, growing at a CAGR of 9% from 2023 to 2032.The high-fiber snacks market is expected to experience a significant growth rate of 9.0% from 2023 to 2032 owing to increase in demand from working professionals
High-fiber snacks is a major growing segment in the health food market. The rise in health concerns and change in lifestyle boost the market growth. High-fiber snacks is beneficial for many health issues and so people demand more such food products. Snacks are small servings of food eaten between main meals. High-fiber snacks is a major growing segment in the health food market. The rise in health concerns and change in lifestyle boost the market growth. High-fiber snacks is beneficial for many health issues and so people demand more such food products. Snacks are small servings of food eaten between main meals. The demand for high-fiber snacks is growing at a rapid pace in recent years due to the increase in awareness over health-consciousness. Consumers have become more aware around the benefits and importance of a healthy diet which plays an important role in maintaining digestive health with an adequate amount of fiber. This increased awareness has increased the demand for snacks that offer health benefits along with the taste and affordability. The consumers in the developing regions follow specific dietary preferences or have food restrictions such as vegetarian, vegan, gluten-free, or low-carb diets. High-fiber snacks is becoming more popular to cater to these dietary needs, by offering attractive options for consumers looking for suitable snack options. The demand for high-fiber snacks is driven by dietary preferences among consumers in developed countries.
Busy lifestyles and the need for convenient snack options have fueled the demand for high-fiber snacks. Portable and pre-packaged options, such as fiber bars, snack packs, and trail mixes, offer a quick and nutritious solution for consumers on the move. The market has experienced significant innovation and diversification. The manufacturers have developed a wide range of snacks with added fiber, including granola bars, popcorn, chips, cookies, and fruit-based snacks. This product diversity appeals to different taste preferences and helps sustain consumer interest.
These factors collectively contribute to the surge in demand for high-fiber snacks, and the market is expected to continue expanding as more consumers prioritize health and seek convenient, nutritious snack alternatives. Manufacturers are intensively focusing on further product innovations and strengthening marketing strategies to cater to the evolving consumer preferences in the market. However, Rise in preference of consumers toward cereals such as wheat, oat, and barley, which are high in proteins, fiber, minerals, vitamins, and carbohydrates over baked products such as breads, cookies, and rolls is expected to hamper the growth of the high-fiber snacks market. There are several variants of healthy snacks are available in the market. However, cereal grains are considered as the most popular source of energy which also helps in recovering diseases such as cancer, blood sugar levels, and constipation. Thus, availability of healthier substitutes hampers the growth of the market. The per capita income in developing nations has increased significantly over the past few years. China’s per capita income was registered at an increase of 0.3% in 2019 as compared to 2018. India’s disposable personal income increased approximately by 9.4% in 2017 as compared to 2016. This rise in disposable incomes and the growing awareness for fitness, globally, contributes for a higher adoption of premium and environmentally friendly products such as high-fiber snacks as consumers exercise more purchasing power. Moreover, favorable government policies and benefits from corporate wellness policies also create an opportunity for the growth of the high-fiber snacks industry worldwide.
The high-fiber snacks market is segmented on the basis of nature, product, distribution channel, and region. By nature, it is bifurcated into organic and conventional. By product, the market is classified into cereal & granola bars, nuts & seeds, dried fruits, meat snacks, biscuits & cookies, trail mix snacks, and others. By distribution channel, it is divided into supermarkets/hypermarkets, specialty stores, convenience stores, online retailers, and others. Region wise, it is analyzed across North America (the U. S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, South Africa, and Rest of LAMEA). The key players profiled in this report are Hodgson Mill, Inc., Bearded Brothers, LLC, BiteBox, Ardent Mills, Pure Snacks Private Limited, General Mills Inc., Flowers Foods, Inc., Energy Bar Foods, Kellogg Company, and Grain Millers, Inc.
Key Findings of the Study
On the basis of nature, conventional segment dominated the industry in 2022 and is expected to retain its dominance throughout the forecast period.On the basis of product, nuts and seeds dominated the global market in 2022 and is expected to retain its dominance throughout the forecast period.
On the basis of distribution channel, the Supermarkets/Hypermarkets dominated the global market in 2022 and is expected to retain its dominance throughout the forecast period.
Region wise, North America region accounted for the highest high-fiber snacks market share in 2022 and is expected to grow at a CAGR of 8.2%.
Companies Mentioned
- Ardent Mills
- Bearded Brothers, LLC
- BiteBox
- Energy Bar Foods
- Flowers Foods, Inc.
- General Mills Inc.
- Grain Millers, Inc.
- Hodgson Mill, Inc.
- Kellogg Company
- Pure Snacks Private Limited
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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