This report provides exclusive insights into the COVID-19 impact on the Organic Snacks Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Organic Snacks Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Organic Snacks Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on organic
snacks market provides an in-depth analysis of segments and sub-segments in the
global as well as regional organic snacks market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
organic snacks market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of the global
organic snacks market. According to the report, the global organic snacks
market is projected to grow at a CAGR of 13.81% over the forecast period of
The snacks industry is rapidly changing as the demand for new and
innovative products is growing. Leading players in the market are offering
products to fulfill the changing demands of the consumers. The organic snacks
market is a niche market with limited consumers. Nonetheless, as the health
consciousness among consumers increases, the organic snacks market is expected
to shit to a mainstream market. Organic snacks are made out of USDA-certified
organic and non-GMO ingredients, which are gluten-free and are healthy.
The increase in the health consciousness among the population is
majorly driving the organic snacks market. The young population specifically is
more concerned regarding their health and fitness, which augment the demand for
healthier food items. Moreover, changing consumer behavior is expanding the
demand for organic snacks. Nowadays people prefer snacks for breakfast rather
than meals. A large part of the population is consuming snacks on a daily
basis. Furthermore, the increase in the adoption of organic farming methods is
supporting the growth of the organic snacks market. Growing awareness among
farmers regarding organic farming and its benefits is encouraging them to
implement organic farming practices. However, the high cost associated with the
harvesting and production of organic products is the major restraining factor
for the growth of the organic snacks market. Nevertheless, the increasing
demand from millennials is expected to offer lucrative opportunities for the
key players in the organic snacks market.
Based on the region, North America generated the highest revenue
from organic snacks, dominating the global market. The largest market share of
the North American region attributed to the increase in demand for on-the-go
snacking, changing dietary habits and a rise in the awareness regarding organic
food in the region. Moreover, the presence of the leading players in the region
is expected to boost the growth of the organic snacks market in North America.
While the Asia Pacific is expected to register the highest growth rate for the
organic snacks market owing to expanding the retail industry and increasing
demand for snacks in the region.
The report on the global organic snacks market covers segments such as
product, and distribution channel. On the basis of product, the sub-markets
include salty snacks, bakery products, confectionery, and other products. On
the basis of distribution channel, the sub-markets include retail stores,
supermarket/hypermarket, convenience stores, and e-commerce.
The report provides profiles of the companies in the market such
as Kashi Company, Prana, Kadac Pty Ltd, Hormel Foods Corporation, Navitas LLC,
Hain Celestial Group, Conagra Brands, Inc, SunOpta, Inc., Simple Squares,
Woodstock Farms Manufacturing, and Other Companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of organic snacks
market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.