Organic Snacks Market - Global Opportunity Analysis and Industry Forecast, 2018 - 2025 - ResearchAndMarkets.com

The "Organic Snacks Market: Global Opportunity Analysis and Industry Forecast, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global organic snacks market was valued at $8,783.2 million in 2017, and is expected to garner $24,035.2 million by 2025, registering a CAGR of 13.6% from 2018 to 2025

The global organic snack market is driven by increase in health consciousness and importance of consumption of organic foods by the people due to harmful side effects of conventional snacks such as increase in obesity, rise in calorie content of the body, and less nutritional benefits. In addition, rise in inclination for on-the-go snacking, growth in demand for organic food, and increase in spending capacity of people, especially in emerging economies, fuel the growth of the organic snacks market.

Furthermore, increase in adoption of organic farming practices in various developed region is one of the top impacting factors driving the growth of the organic snack food market. Moreover, growth of retail network especially in the emerging economies and increase in consumption of convenient goods drive the global organic snacks market growth. However, high cost of production hampers the widespread adoption and act as the major restraint for the global organic snacks market. On the contrary, rise in disposable income and increase in willingness of people on buying premium and environment-friendly products in the emerging nations are expected to provide opportunities for the market growth in the coming years.

The key players profiled in the report include Pure Organic, PRANA, Made in Nature, Kadac Pty Ltd, Navitas Naturals, Hormel Foods, Hain Celestial, Conagra Brands, General Mills, and Woodstock Farms Manufacturing.

Market dynamics

Drivers

• Increasing awareness about health.
• Development in the retail structure.
• Increasing demand for convenience food.

Restraints

• High cost of production.

Opportunities

• Increasing willingness of consumers on buying premium and environment friendly products.

Company Profiles

• Pure Organic
• PRANA
• Made in Nature
• Kadac Pty Ltd
• Navitas Naturals
• Hormel Foods
• Hain Celestial
• Conagra Brands
• General Mills
• Woodstock Farms Manufacturing

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View source version on businesswire.com: https://www.businesswire.com/news/home/20190917006034/en/