Plant-Based Snacks Market is estimated to be valued at USD 23,306.8 million

Market Highlights

The demand for convenience foods such as snacks has been increasing at a high pace over the last decade. Snacks manufacturers are introducing new products which include plant-based snacks and plant-based meals. The rising prevalence of illnesses such as diabetes, obesity, and cardiovascular diseases are driving the demand for healthy vegan and vegetarian snacks which, in turn, is propelling the growth of the global plant-based snacks market.

Get Free Sample Copy of “Plant-Based Snacks Market” @ https://www.marketresearchfuture.com/sample_request/7923

Key Players

Some of the key players in the Global Plant-Based Snacks Market are

• Blue Diamond Growers Inc. (US),
• Louisville Vegan Jerky Company (US),
• Conagra Brands, Inc. (US),
• Outstanding Foods, Inc. (US),
• Vegan Rob’s (US),
• Amy’s Kitchen (US),
• Unilever Group (UK),
• General Mills Inc. (US),
• Nestle S.A. (Switzerland),
• Louisville Vegan Jerky Co. (US),
• Primal Spirit Foods, Inc. (US),
• Eat Natural (UK),
• Green Park Snacks Ltd (UK),
• Siren Snacks Inc. (US)
• Zellee Organic (US)

Key Developments

April 2019: Eat Natural introduced a new plant-based snack bar in the UK market. The product is gluten-free and contains a blend of nuts, fruits, and grains.

March 2018: Unilever Limited launched the Cocoa Chipotle, Pineapple Coconut Rum, Maple Bourbon, and Coconut Curry plant-based organic snack foods.

Industry Segment

The global Plant-Based Snacks Market has been segmented on the basis of product type, category, distribution channel, and region

Based on distribution channel, the global plant-based snacks market has been segmented into store-based and non-store-based. The store-based segment has been further divided into supermarkets and hypermarkets, convenience stores, and others. The store-based distribution channel segment is estimated to hold the larger market share in 2019 and is projected to register a moderate growth rate during the forecast period. However, the non-store-based segment is projected to exhibit the higher growth rate. Key manufacturers are launching new products, which can easily be made available to consumers in different regions through e-commerce channels. The mode also helps vendors create brand awareness.

Regional Analysis

The global plant-based snacks market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

The North American plant-based snacks market is also estimated to account for a significant market share in 2019 and is projected to register a significant growth rate during the forecast period. The growing vegan population in the US is expected to drive the growth of the plant-based snacks market during the forecast period.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/plant-based-snacks-market-7923

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Tags: Plant Based Snacks Market Forecast, Plant Based Snacks Market Size, Plant Based Snacks Market Share, Plant Based Snacks Market Trends, Plant Based Snacks Market Analysis, Plant-Based Snacks Market, Plant-Based Snacks, Plant-Based Snacks Industry, Global Plant-Based Snacks Market, Plant-Based Snacks Market Research, Plant-Based Snacks Market Research Report See Campaign: https://www.marketresearchfuture.com/reports/plant-based-snacks-market-7923
Contact Information:
Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune – 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com

Tags:
, Reportedtimes, iCN Internal Distribution, Research Newswire, English