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Global Vegetable Snacks Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2029. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global Vegetable Snacks Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.
Data Bridge Market Research analyses that the vegetable snacks market was valued at USD 4.20 billion in 2021 and is expected to reach the value of USD 6.11 billion by 2029, at a CAGR of 4.8% during the forecast period of 2022 to 2029.
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Top Key Players in the Global Vegetable Snacks Market: Maple Leaf Foods Inc. (Canada), Marlow Foods (U.K.), Oumph (U.K.), Upton’s Natural (U.S.), Hilary’s – Drink Eat Well, LLC (U.S.), Siren Snacks (U.S.), Green Park Brands (U.K.), Eat Natural (U.K.), PRIMAL SPIRIT FOODS INC. (U.S.), LOUISVILLE VEGAN JERKY COMPANY (U.S.), Nestle S.A. (Switzerland), Conagra Brands, Inc. (U.S.), General Mills Inc. (U.S.), Unilever (U.K.), Outstanding Foods, Inc. (U.S.), Vegan Rob’s (U.S.), Amy’s Kitchen Inc, (U.S.), Blue Diamond Growers (U.S.), Eat Real (U.S.), NutriFusion L.L.C (U.S.), Greenleaf Foods SPC (U.S.) and Other.
Global Vegetable Snacks Market Segmentation:
Source
Application
Distribution channel
Regional Insights:
North America dominates the vegetable snacks market in terms of market share and revenue. This is due to the region’s growing demand for vegetable snacks. The North America region dominates the vegetable snacks market due to increased government initiatives in this region to increase consumer awareness of new innovations in the field of vegetable snacks.
Asia-Pacific is expected to be the fastest developing region during the forecast period, owing to rising awareness of animal welfare, growing concerns about animal-based food products, and a ban on several animal-based products, which are driving market growth in this region.
-North America (U.S., Canada)
-Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
-Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
-South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
-Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
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Drivers
Over time, people have become more aware of the importance of food. This is due to an increase in chronic health problems. To combat the health problem, consumers have adopted special diet plans and even made lifestyle changes to stay fit. One notable change associated with this trend is the increased use of vegetable snack products. The adoption of vegetable snacks is due to the fact that they do not contain additives and provide far fewer calories than are required to maintain a healthy weight.
Increased snack food demand and consumption in Asia-Pacific emerging markets has significantly fuelled the growth of the global vegetable snacks market. Rising disposable income and changes in lifestyle and food habits drive the growth of the snacks market. Furthermore, the rapid expansion of large retail chains, such as hypermarkets and supermarkets, drives demand for vegetable snacks. Furthermore, an increase in people’s inclination for readymade and convenient food products, an increase in their spending capacity, and an increase in demand for organic and conventional snacks food increase demand for vegetable snacks, thereby accelerating the growth of the vegetable snacks market.
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