The Asia Pacific High Fibre Snacks Market would witness market growth of 10.3% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 905.3 kilo tonnes, showcasing a growth of 10.5% (2019-2022).
Demand for snacks has increased because of more individuals entering the workforce and their busy lifestyles. Snacks offer immediate satiety and a much-needed break during a hectic day. This demand for healthy snacks is being driven by the rising trend of reducing the chance of developing certain chronic diseases and maintaining health and wellness via the deliberate use of these snacks. As working adults and millennials search for snacking solutions to address nutritional deficiencies and other health concerns in their hectic schedules, the on-the-go nutrition trend is quickly gaining popularity.
Nowadays, consumers seek quick, affordable, and indulgent snacking solutions that meet their daily nutritional needs. The food industry is rapidly evolving with advancements in raw material utilization, processing techniques, preservation, and innovative packaging methods. These developments have led to the creation of contemporary food offerings that support the growth of the snacks industry. Additionally, expanding distribution channels and e-commerce platforms are expected to further enhance the healthy snacks industry.
Asia Pacific is one of the fastest-growing regions for the high fiber snacks market. Foods that are good for the gut and linked to immunity, such as prebiotics and probiotics, are becoming more popular in Asia. Several manufacturers have recently adopted a common strategy to produce nutrient-dense snacks by adding functional components to snacks, such as macronutrients and antioxidants. Numerous companies have been focusing on clean labels and product flavors as a marketing strategy to draw customers. During the forecast period, this is anticipated to fuel market expansion for healthy snacks in Asia Pacific.
The China market dominated the Asia Pacific High Fibre Snacks Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,801.7 million by 2030. The Japan market is registering a CAGR of 9.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 11% during (2023 - 2030).
Based on Nature, the market is segmented into Conventional and Organic. Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Retailers and Others. Based on Product, the market is segmented into Cereal & Granola Bars, Nuts & Seeds, Dried Fruits, Meat Snacks, Biscuits & Cookies, Trail Mix Snacks and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global High Fibre Snacks Market is Predict to reach $48.4 Billion by 2030, at a CAGR of 9.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Mills, Inc., Hodgson Mill, Inc., Bearded Brothers, LLC, Kellogg Company, Flowers Foods, Inc., Mars, Inc. (Kind LLC), Energy Bar Foods (Visionary Nutrition, LLC), Ardent Mills, Mojo Snacks and Grain Millers, Inc.
By Nature (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Distribution Channel (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Product (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
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