Healthy Snacks Market Size to Worth USD 108.11 Billion by 2027

The world economy is facing a major downfall owing to the current coronavirus pandemic. Most businesses are at a temporary halt and the others who are operating in the four walls of their homes are barely able to manage meager revenue. The healthcare sector is facing a major crisis owing to the increasing number of positive coronavirus cases and the lack of beds and medical aid to offer treatment. The governments of various nations are investing massively in the research and development of an antidote to fight back the covid-19 pandemic and we soon hope to overcome this situation.

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Segment

Nut-based Snacks segment to Cover Largest Share Owing to their High Protein Content

Based on segmentation by product type, this market is holding major shares from the nut-based snacks segment. This is owing to the high protein content present in nuts, as well as other high nutrient content such as antioxidants and fibre.

List of the Key Players Profiled in the Healthy Snacks Market include:

• Hormel Foods Corporation (Minnesota, U.S.)

• Nestle S.A. (Vevey, Switzerland)

• Calbee, Inc. (Tokyo, Japan)

• Tyson Foods, Inc. (Arkansan, U.S.)

• Mondel�”z International (Illinois, U.S.)

• B and G Foods, Inc. (New Jersey, U.S.)

• Unilever PLC (London, United Kingdom)

• PepsiCo, Inc. (New York, U.S.)

• Kellogg Company (Michigan, U.S.)

• Danone S.A. (Paris, France)

• Others

Regional Analysis

Europe Emerged Dominant Owing to Increasing Popularity of On-the-go Nutrition

Geographically, Europe covered the largest healthy snacks market share with a revenue of 31.06 billion earned in 2019. The growth of this region is attributed to the presence of a majority of health-conscious people with hectic schedules and busy lifestyles. The advent of on-the-go nutrition and functional food products has propelled the need for healthy snacks, thereby augmenting the regional market.

On the other side, the market in Asia Pacific is likely to showcase the fastest growth in the coming years on account of the rising disposable incomes of people, increasing adoption of a healthy lifestyle, and the growing popularity of food products that promote wellbeing, known as ‘better-for-you’ products.

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