The Global Vegetable Snacks Market size is expected to grow from USD 4.4 billion in 2022 to USD 6.41 billion by 2030, at a CAGR of 4.8% during the forecast period (2023-2030).
Vegetable snacks are plant-based snacks that come prepackaged in forms of raw, dried, or minimally processed veggies. Vegetable snacks come in a variety of forms, from chips or flakes to vegetable dip as a condiment. These snack options are a wonderful alternative to traditional vegetables and a tasty, guilt-free way to increase the amount of vegetables in people's diets. Vegetable snacks are higher in fiber, vitamins, and minerals and are available in a wide range of fresh flavors. When combined with the correct toppings, vegetable snacks may be incredibly filling and gratifying.
Less than 10% of Americans currently consume the daily recommended amount of veggies, according to recent CDC studies. It results from a distaste of vegetables. However, as the market has begun to realize that healthy vegetarian snacks don't have to be boring and tasteless, there are now a ton of delicious vegetable-based snack options available. Sales of veggies are actually changing because more people are eating vegetables, albeit in modified forms.
Top Key Players Covered in The Vegetable Snacks Market
Seneca Foods Corp. (US), Siren Snacks (US), Maple Leaf Foods Inc. (Canada), Calbee Inc. (Japan), The Kellogg Company (US), General Mills Inc. (US), Upton’s Natural (US), Nestle S.A. (Switzerland), Conagra Brands, Inc. (US), Louisville Vegan Jerky Co (US), Eat Real (US), Oumph (UK), Vegan Rob's (US), Quorn (UK), Luke's Organic (US) and Other Major Players
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Introspective Market Research specializes in delivering comprehensive market research studies that provide valuable insights and strategic guidance to businesses worldwide. Our reports draw data from diverse and solid primary and secondary sources. By utilizing industry-standard tools like Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis, we enhance the comprehensiveness of our evaluations.
In addition to investigating market intricacies, our study focuses extensively on the holistic ecosystem of the Vegetable Snacks market. We analyse the functions and interdependencies of diverse market stakeholders, offering insights into their roles within the industry. Furthermore, our wide-ranging geographical coverage facilitates a profound understanding of regional trends.
Segmentation Analysis Of The Vegetable Snacks Market
Vegetable Snacks market segments cover the Type and Distribution Channel. By Type, the Chips and Crisps, and nuts and seeds segments are expected to Dominate the Market during the upcoming period.
By Type
- Chips & Crisps
- Nuts & Seeds
- Dried Veggies
- Biscuits & Cookies
- Others
By Distribution Channel
- Supermarkets & Hypermarkets
- Convenience Stores
- Online Stores
- Others
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Regional Analysis of The Vegetable Snacks Market
North America Dominates the Market, While the Asia Pacific Along with North America Is Expected to Grow at A Rapid Pace During the Forecast Period.
In recent years, the vegetable snack market has seen significant growth in the North American region. This growth is ascribed to consumers' increasing health consciousness and their transition from a diet heavy in meat to one that is increasingly vegetarian. Additionally, plant-based retail sales have increased significantly in North America's industrialized nations—the US and Canada, for example—which is aiding the vegetable snack manufacturers in growing their businesses.
Overeating and frequent, unhealthy snacking are clearly contributing to the rising prevalence of chronic diseases among the people in these countries, which is fueling demand for meals that taste good and are also good for you. As an illustration, snacking is a natural part of life for both Canadians and Americans. In Canada, snacking accounted for over 23% of daily calorie intake, with younger people consuming the most (27%), and older persons consuming the least (20.8%).
By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Influence of the Report:
- A comprehensive evaluation of all the opportunities and risks in the Vegetable Snacks market.
- Recent innovations and major developments in the Vegetable Snacks market.
- A detailed study of the business strategy for the growth of the player leading in the market.
- The definitive study on the future growth of the market.
- In-depth understanding of the Vegetable Snacks market-specific drivers, constraints and key micro markets.
- Favorable technology and market latest trends to hit the market.
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