According to a new report, published by KBV research, The Global High Fibre Snacks Market size is expected to reach $48.4 billion by 2030, rising at a market growth of 9.6% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,577.1 kilo tonnes, experiencing a growth of 9.9% (2019-2022).
The Organic Segment is expected to witness a CAGR of 10.3% during (2023 - 2030). Over the past few years, the demand for high-fiber food products has increased due to increased awareness regarding the various advantages of organic products compared to their synthetic alternatives. Examples of organic high-fiber snacks include whole-grain crackers, nuts and seeds, fresh fruits and vegetables, oatmeal, and legume-based snacks like roasted chickpeas or lentil chips. The organic segment is anticipated to expand due to rising consumer awareness of organic products and their associated health benefits.
The Supermarkets/Hypermarkets segment is leading the Global High Fibre Snacks Market, By Distribution Channel in 2022; thereby, achieving a market value of $14.8 billion by 2030. These markets have a broad product assortment, including a diverse range of healthy snacks, such as protein bars, kale chips, and nuts. Today, supermarkets and hypermarkets are among the most popular distribution channels globally for healthy snacks due to their extensive product range and accessibility.
The Nuts & Seeds segment is ecperiencing a CAGR of 8.5% during (2023 - 2030). Many people prefer nuts and seeds due to their high nutritional value. Increasing use of organic ingredients in the production of nuts and seeds is one of the primary factors influencing the rising demand for these products. The demand for nuts and seeds is anticipated to grow due to their high protein content.
The North America region dominated the Global High Fibre Snacks Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $16,197.5 million by 2030. The Asia Pacific region is poised to grow at CAGR of 10.3% during (2023 - 2030). Additionally, The Europe region would witness a CAGR of 9.4% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/high-fibre-snacks-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography (Volume, Kilo Tonnes, USD Million, 2019-2030)
Companies Profiled