Snacks - Global Research and Market Analysis  FoodResearchLab
                     GLOBAL RES EARCH 
AND  M ARKET 
ANALYS IS  ON  SNACKS
An Academic presentation by
Dr. Nancy Agnes, Head, Technical Operations, 
FoodResearchLab  Group:
www.foodresearchlab.com
Email: [email protected]
TODA'S 
DISCUSSION
Introduction
Y
Drivers of Snack Category
Trending Snacks products in the 
market  Conclusion
INTRODUCTION
In the midst of COVID-19 crisis, the world 
marketplace for  Snack Foods calculable at 
US$493.4 Billion within the year  2020, is projected 
to succeed in a revised size of US$776.6  Billion by 
2027, growing at a CAGR of 6.7% over the  amount 
2020-2027.
Growing global health concerns coupled with 
changing  lifestyles and eating habits have fueled 
demand for a wide  selection of snacks. Food 
product development would be  aided by innovative 
concepts, versatile offerings that meet  customer 
demands, and busy lifestyles.
Contd...
In comparison to traditional treats, vegan snack foods like potato chips, tortilla chips, 
corn chips;  baking goods like biscuits, bagel, pretzels, cookies; and confectionery like 
candies, chocolates,  raisins, and so on, contain organic ingredients that are healthier 
and gluten-free.
Organic snack foods are traditionally designed to be compact, healthy, tasty, and taste 
pleasing. The  industry is being forced to produce nutritious and calorie-reduced snacks 
that still deliver in flavour.  Snack food companies are applying robotics and automation 
to maximize production efficiency.
Robotic systems automate the dosing, transportation, processing, storage and 
packaging of savoury  snacks, reducing production cycle times and increasing yields. 
Automation facilitates fast food  processors to improve factory conditions, reduce 
pollution and operate with essential human  interaction, making processing safer for 
workers as well as consumers.
This blog shows different types of snacks and their growth in the market.
DRIVERS OF SNACK 
CATEGORY
Today's consumers focus on nutrition information 
on  snack packages and look for clean labels, 
such as  gluten-free, non-GMO, and 
hypoallergenic. Consumers  are also looking for 
food's rich in protein and fiber,  providing a great 
opportunity for manufacturers to add  new 
flavors and shapes to their product portfolio.
Contd...
Source: Grandview 
Research
With Increase innovation in snacking, consumers are expecting new, unusual and 
addictive flavours  and seasoning, and different shapes that can go in hand with the 
snacks. Some of such flavours are  bacon flavoured chips, wasabi flavoured wafers, 
uneven shaped chips, donut shaped biscuits,  animal crackers.

TRENDING SNACKS 
PRODUCTS IN  THE 
MEAxtRruKdEedT Snacks Product Insights
Increased health consciousness has increased the 
popularity of  the development. Consumers have begun 
to flavor snacks that  are primarily grilled or roasted. 
Many ingredients, such as corn,  grains, and rice, are 
used to make these snacks. These eatables  are low in 
weight and are popular as healthy, high-fiber, low-  
calorie snacks.
In country like Europe and North America, the 
extruded snacks  market is inspecting a shift towards 
healthier products offered in  the extruded snacks 
market. Growing health keen population  drives the 
market growth. These crucial market participants are  
focusing on the production of inventive snacks using 
wheat and  other nutrient-rich grains.
Contd...
Ought to the increase in demand of consumers to 
try  something unique has led the manufacturers 
to  popularize something new from their existing 
product.
Other market players have also introduced 
different  varieties of flavour and texture to allure 
the consumers  attention. They are low in sugar 
and calories, as well as  being fat and gluten-
free.
With the rising prevalence of celiac disease, 
sales of  rice snacks are expected to skyrocket. 
Extruded snacks  can be classified into many 
classes. Most extruded  snacks, such as puffed 
snacks, are classified as directly  extended 
snacks (also known as second-generation  
snacks or collets).
Vegan Snacks
Innovation in the snacks industry had led to opening of 
new  sector for people with different dietary practices. 
Due to its  exponential growth in the market has led to 
increasing demand  for high quality blast full and ready 
to go products.
The steady broadening of the market has posted to have 
a  growth from 2022 and 2032 at 8.7% CAGR comparing 
it to the  CAGR of 6.4% from 2017 and 2021.
Increase in population has also paved way for spending 
capacity  of individual, increasing in the awareness 
towards health and  sustainability towards environment 
has been considered as a  driving factor for growth of ve
gan products.
Organic snacks
In the Practice of eliminating synthetic substance and 
fertilizers,  harmful colouring substances, org
anic products are gaining more  popularity among the 
consumers.
According to a study the market is expected to grow a 
value of  US$ 18.67 Billion by 2027.
Nutritional awareness, lifestyle modification has, Easy  
Availability in the market access are possible driver for 
growth  the market.
Gluten-free snacks
Gluten-free
diets
have
become
very
approved
in
recent
years  due to a boost in health-conscious end user.
Since
these
foods are
an
integral part
of
the
celiac diet,
the  
demand for gluten-free foods have increased 
significantly.
Increase in promotion among young people, inclination 
towards  healthier lifestyle opting for nutritious food.

CONCLUSION
The COVID pandemic has paved way for creative and 
new snack  products to match the lifestyle of hectic and 
health-conscious  consumer in both developed and 
developing countries. With a  
projected growth of CAGR 3.37% for the next five year, the
 market 
 has immense potential in creating new snack products 
meeting  different dietary requirements.
Our Food Research Lab experts have developed different c
ategory 
 
of snacks such as Low fat, high protein, Dehydrated fruits 
and 
 
vegetables, extruded, functional snacks. We assist you to d
evelop 
 the products and also provide you the market analysis  
geographically.
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