Overview and Scope
High fiber snacks are food items that provide a substantial amount of dietary fiber per serving, promoting digestive health and aiding in satiety. These snacks often include fruits, vegetables, whole grains, nuts, and seeds. They are designed to help individuals meet their daily fiber intake needs conveniently.
Sizing and Forecast
The high fiber snacks market size has grown strongly in recent years. It will grow from $22.32 billion in 2023 to $24.34 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to increased health awareness, increased adoption of clean-label products and natural ingredients, the popularity of diets that emphasize fiber intake, growth in online retail platforms, increased availability of high-fiber snacks, and governmental.
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%. The growth in the forecast period can be attributed to growing consumer demand for sustainable and ethically sourced ingredients, increased focus on reducing food waste and using eco-friendly packaging, the rise of personalized nutrition and customized snack options, adaptation of products to suit local tastes and preferences, development of snacks that offer additional health benefits, social media, and digital campaigns. Major trends in the forecast period include probiotics and prebiotics, eco-friendly packaging, transparency in ingredients, customizable snack options, product innovation and diversification, and improved food processing techniques.
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Segmentation & Regional Insights
The high fiber snacks market covered in this report is segmented –
1) By Product: Cereal And Granola Bars, Nuts And Seeds, Dried Fruits, Meat Snacks, Biscuits And Cookies, Trail Mix Snacks, Other Products
2) By Nature: Organic, Conventional
3) By Distribution Channel: Supermarkets Or Hypermarkets, Specialty Stores, Convenience Stores, Online Retailers, Other Distribution Channels
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.
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Major Driver Impacting Market Growth
The increasing demand for healthy foods is expected to propel the growth of the high fiber snacks market going forward. The rising demand for healthy foods is due to factors such as growing health awareness, the rising prevalence of lifestyle-related diseases, improved access to nutritional information, and shifts in consumer preferences towards natural and organic products. High-fiber snacks are used as healthy foods to aid digestion, promote satiety, and support overall dietary health by providing essential nutrients and reducing the risk of certain diseases. For instance, in November 2023, according to Agriculture and Agri-Food Canada, a Canada-based government department, the sale of natural savory snacks comprising high-fiber snacks will reach US$2,694.8 million in 2022. This has shown a growth rate of 5.2% since 2021. Therefore, the increasing demand for healthy foods will drive the growth of the high fiber snacks market.
Key Industry Players
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
The high fiber snacks market report table of contents includes:
1. Executive Summary
2. High Fiber Snacks Market Characteristics
3. High Fiber Snacks Market Trends And Strategies
4. High Fiber Snacks Market – Macro Economic Scenario
5. Global High Fiber Snacks Market Size and Growth
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32. Global High Fiber Snacks Market Competitive Benchmarking
33. Global High Fiber Snacks Market Competitive Dashboard
34. Key Mergers And Acquisitions In The High Fiber Snacks Market
35. High Fiber Snacks Market Future Outlook and Potential Analysis
36. Appendix
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