The global organic snack market was valued at US$ 8.3 billion in the year 2020 and is expected to reach US$ 24 billion by the year 2030. The market will grow at a compound annual growth rate (CAGR) of 11.2% during the forecast period from 2021 to 2030.

Organic Snacks are food products which are produced organically, with organic ingredients and are certified to be free from artificial preservative and genetically modified organisms (GMOs). Organic snacks contain minerals, vitamins and proteins. 

Factors Affecting

• In recent years, the consumers especially millennials are getting more aware about the harmful effects of conventional snacks which causes obesity, nutrition deficiency and increases sugar intake, as people are shifting to healthier options, hence, this will drive the demand of global organic snack market.
• The growth in disposable income in households have resulted in willingness of consumers to pay for higher amount for healthier options due to higher disposable income. That is why, the global organic snack market is anticipated to grow worldwide.
• In comparison to conventional farming, organic farming is more expensive because of post-harvest handling charges, machinery, costly fertilizers and organic certification. This may cause some difficulty in growth of global organic snack market.
• The marketing and distribution process are very inefficient due to organic products being in smaller volume, which results in higher price margin for consumers. The pricing may be an obstacle for the growth of global organic snack market.

Impact Analysis of Covid-19

The impact of Covid-19 on sales of the organic snack market worldwide was comparatively mild. The lockdown caused by the pandemic impacted the availability of organic food in stores because of restrictions on transportation. Since the ingredients for organic foods typically come from Asia, Latin America, and Africa, as opposed to developed regions like North America or Europe.

Moreover, people became more aware of health and nutrition due to the spread of the Covid-19 pandemic. During the pandemic period, the sales of organic food products increased worldwide. Organic food provides huge health benefits such as an immunity boost, a better composition of nutrients, and much more. Due to these reasons, the demand for the organic snack market has increased worldwide.

Regional Insights

According to region, North America has the largest market share. In the United States and Mexico, the adult obesity rates are highest, this has resulted in a trend to buy foods with natural additives and low calorie. Due to this reason, the demand of organic snack market has grown in this region.

Furthermore, the Asia-Pacific region is anticipated to grow the fastest during the forecast period. The reasons can be increased consumption of organic foods, surge in budget for organic farming along with the increase in disposable income being spent on organic foods. The retail infrastructure has also improved resulting in higher accessibility for such food products. These are the factors which are contributing to the increasing demand for global organic snack market.

Competitive Landscape

The leading competitors in the global organic snacks market are as follows:

• Annies Homegrown Inc.
• Conagra Brands
• Danone
• Frito-Lay Inc.
• General Mills
• Hain Celestial
• Hormel Foods
• Kadac Pty Ltd
• Made in Nature
• Navitas Naturals
• PRANA
• Pure Organic
• Simply Naturals LLC
• Woodstock Farms Manufacturing
• Yummy Earth Inc.
• Other prominent players

Scope of the Report

The segmentation of global organic snack market mainly focuses on Consumer Generation, Product, Distribution Channel and Region

By Consumer Generation

• Millennials (18-34)
• Generation X (35-50)
• Baby Boomers (51-69)

By Product Type

• Candy Bars
• Nutrition Bars
• Salty snacks
• Nuts
• Meat Snacks
• Others

By Distribution Channel

• Departmental stores
• Supermarket/hypermarket
• Convenience stores
• E-commerce
• Others

By Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America