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Niche Concern or Major Opportunity? The State of Plant-Based Snacking

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    Report

  • 32 Pages
  • July 2023
  • Region: Global
  • Euromonitor International
  • ID: 5852662
Plant-based has become a key focus for food manufacturers, as consumers consider such products to be healthier, more sustainable, more ethical and more exciting. While there has been a decline in plant-based in some food categories, plant-based snacks show considerable growth potential. This report offers insights as to how plant-based snacks can better target consumers, and the key considerations that should be made for better positioning and market success.

The analyst's Niche Concern or Major Opportunity? The State of Plant-Based Snacking global briefing provides a comprehensive overview of the Snacks market, providing insight on sales and market potential, retail distribution and company and brand shares. Analysis identifies emerging geographies alongside growth opportunities in the most developed, highest value countries. It also offers strategic analysis of the key trends shaping the industry and consumer demand, such as health and wellness, sustainability, the evolution of eating occasions, in addition to ongoing considerations of convenience and value-for-money in the post-pandemic world. Insight into how these trends are shaping demand in 2023 informs forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage:
Confectionery, Ice Cream, Savoury Snacks, Sweet Biscuits, Snack Bars and Fruit Snacks.

Data coverage:
Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Snacks market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

  • Introduction
  • State of plant-based in snacks
  • Key considerations for plant-based snacks
  • Market opportunities for plant-based snacks