Organic Savory Snacks Market 2019 Exclusive Analysis by Renowned Players and Forecast to 2023
Research Reports
Jan 07, 2021
Market Insight
Organic Savory Snacks are made from organically produced raw materials. These snacks are spicy and salty in taste and are prepared from raw materials such as vegetables, fruits, grains, vegetable oil, among others. These snacks are usually consumed in between meals or eating on-the-go. Increasing awareness among consumers regarding harmful impact of usage of chemical fertilizers and pesticides, the demand for organically produced products including organic savory snacks is expected to accelerate manifold during the forecast period.
Organic Savory Snacks are rich in antioxidants as well as preserved nutrients, which positively influence the demand for the product. Additionally, the technological advancement in food processing sector prompted key manufacturers of organic savory snacks to boost research and development activities to launch novel products to attract consumers and increase consumer base.
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Major Key Players
Some of the key players profiled in the Global Organic Savory Snacks Market MADEINNATURE (U.S.), LESSEREVIL (U.S.), LATEJULY Snacks (U.S.), PEELEDSNACKS (U.S.), HEAVENLYTASTY (U.K), Conagra Brands Inc. (U.S.) and BEANITOS Inc (U.S.)
Key Findings
Corn-based savory snacks are anticipated to have a high growth during the forecast period
Top exporters of organic savory snacks include the U.S., the U.K, Germany, France, and Belgium
Segments
The global Organic Savory Snacks Market is segmented into type and distribution channel.
Based on the type, it is segmented into Processed Snacks, Popcorn, Potato Chips, Nuts and others. Among all, the potato chips segmented is found to hold a major share in the organic savory snacks due to its high popularity based on it being a convenience food product.
Regional Analysis
The global organic savory snacks market comprises of Europe, North America, Asia Pacific, and rest of the world (ROW). North America dominates the market followed by Europe. Changing consumer preferences led to the adoption of natural ingredients-based products owing to which Europe is expected to generate a higher sales revenue during the forecast period.
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