Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 18.20 Billion | USD 39.28 Billion | 8% | 2024 |
FrequentlyAsked Questions
Plant-based snacks have huge demand in the food & beverage sector. Moreover, the escalating consumption of cereal snacks, nut-based snacks, plant-based snack bars, and fruits has proliferated the popularity of plant-based snacks in recent years. With growing consumer inclination towards healthy & natural diet, the market for plant-based snacks is anticipated to gain traction in the years ahead. In addition to this, plant-based snacks possess high nutritive value as it comprises minerals, proteins, and fibers.
The global plant-based snacks market is expected to grow due to Rising veganism and health-conscious consumer behavior drive demand for clean-label, meat-free snacks. Innovation in flavor and texture supports market expansion.
According to a study, the global plant-based snacks market size was worth around USD 18.20 Billion in 2024 and is expected to reach USD 39.28 Billion by 2034.
The global plant-based snacks market is expected to grow at a CAGR of 8% during the forecast period.
North America is expected to dominate the plant-based snacks market over the forecast period.
The global plant-based snacks market is led by industry players such as Unilever Group, Green Park Snacks, Nestle S.A., General Mills, Quorn, Conagra Brands Inc., Maple Leaf Foods, and Blue Diamonds Growers Inc.
The report explores crucial aspects of the plant-based snacks market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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