Market Overview:

The Global Vegetable Snacks Market size is expected to grow from USD 4.4 billion in 2022 to USD 6.41 billion by 2030, at a CAGR of 4.8% during the forecast period (2023-2030).

Plant-based snacks are pre-packaged snacks made with raw, dried, or less-processed vegetables. There are many options for vegetable snacks, from chips or flakes to vegetable dip as a condiment. These snacks are a great alternative to traditional vegetables and a delicious and guilt-free way to include more vegetables in people's diets. With the right accompaniments, vegetable snacks can be very filling and satisfying. They come in a variety of new flavors and are higher in fiber, vitamins, and minerals. In addition, even though many people eat healthy food at mealtime, snacking on processed foods that are high in calories, fat, sugar, and salt is mostly mindless eating and has been linked to weight gain over time. As a result, vegetable snacks are increasingly becoming the best option for snacking without sacrificing health.

Top Key Players Covered In The Vegetable Snacks Market:

• Seneca Foods Corp. (US)
• Siren Snacks (US)
• Maple Leaf Foods Inc. (Canada)
• Calbee Inc. (Japan)
• The Kellogg Company (US)
• General Mills Inc. (US)
• Upton’s Natural (US)
• Nestle S.A. (Switzerland)
• Conagra Brands Inc. (US)
• Louisville Vegan Jerky Co (US), and other major players.

Market Dynamics and Factors:        

Snacking even meal replacement with snacks is becoming increasingly popular among consumers, particularly among young people who are concerned about their health and value food's practicality. The demand for more nutritious and plant-based foods is being driven by people's requests for more than just fun snacks. To meet their macronutrient and calorie needs amid their busy schedules, the younger generation that is focused on their bodies is choosing plant-based snacks that meet their nutritional requirements. Due to the Increasing Demand for Vegan and Functional Foods Along with Rising Health Disorders Including Heart Diseases, Diabetes, Obesity, Etc., drive the growth of the market.

With the help of product innovations and a wide range of options to appeal to a growing number of people, the global market for vegetable snacks is anticipated to generate significant profits in the coming years. At the moment, market players are coming up with new products that consumers can enjoy while still eating healthy. Nuts and seeds like pumpkin seeds, sunflower seeds, and almonds are becoming more and more popular with health-conscious consumers as additive-free snacks that give them some much-needed protein. As a result, product innovations designed to make snacks more useful, supported by the rising number of health conditions experienced by consumers, are anticipated to accelerate market expansion in the upcoming period.

Vegetable Snacks Market Report Highlight:

• By Type, the Chips & Crisps and Nuts & Seeds segment is anticipated to lead the growth of the Vegetable Snacks market in the forecasted timeframe. The most popular savory snacks have a global market value of more than UDS 250 billion, and chips are the largest product in the savory market. The high offer is bundled nuts and seeds which are accessible in various flavors. A trail blend is a kind of tidbit that is a blend of different sorts of nuts like cashews, almonds, walnuts, pecans, dried organic products, and so forth.

• By Distribution Channel, the Supermarkets & Hypermarkets segment is expected to have the highest share of the Vegetable Snacks market over the projected period. The snacks market is expanding due to shifts in lifestyle and eating habits as well as rising disposable income. Vegetable snacks are also in high demand as a result of the rapid expansion of large retail chains like supermarkets and hypermarkets.
• The North American region is expected to have the highest share of the Vegetable Snacks market over the projected period. The Vegetable Snacks Market has seen significant growth in recent years in the North American region. This Development is credited to the developing mindfulness regarding well-being among shoppers and the shift of purchasers from a meat-based to a more vegan diet.

Key Industry Development:

• In October 2023, Barnana has an exciting expansion of its banana chip line, introducing tantalizing new options like "Spicy Curry" and "Chili Lime." What sets these delectable snacks apart is their commitment to utilizing upcycled bananas that would otherwise go to waste, showcasing Barnana's dedication to reducing food waste and promoting eco-friendly practices
• In June 2023, Quest Nutrition Released its "Veggie Protein Chips, combining the crunch of vegetable chips with high-protein ingredients like pea protein and lentils. This offers a satisfying and protein-rich option for health-conscious snackers.

Vegetable Snacks Market Segmentation:

By Type

• Chips & Crisps
• Nuts & Seeds
• Dried Veggies
• Biscuits & Cookies
• Others

By Distribution Channel

• Supermarkets & Hypermarkets
• Convenience Stores
• Online Stores
• Others

For this report, Introspective Market Research has segmented the Vegetable Snacks Market based on region:

Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)

• North America
  • The U.S.
  • Canada
  • Mexico

• Eastern Europe

• Russia
• Bulgaria
• The Czech Republic
• Hungary
• Poland
• Romania
• Rest of Eastern Europe

• Western Europe

• Germany
• UK
• France
• Netherlands
• Italy
• Spain
• Rest of Western Europe

• Asia Pacific

• China
• India
• Japan
• Singapore
• Australia
• New-Zealand
• Rest of APAC

• Middle East & Africa

• Turkey
• Saudi Arabia
• Qatar
• UAE
• Israel
• South Africa

• South America
  • Brazil
  • Argentina
  • Rest of SA