High-Fat Low-Protein Snacks Market to Expand at a Healthy CAGR of 6.2% through 2031
High-Fat Low-Protein Snacks Market Forecast and CAGR
According to FACT.MR latest study the global high-fat low-protein snacks is expected to grow at a compound annual growth rate (CAGR) of 6.2% from 2021 to 2031.
Over the last few years, the increasing health and wellness trend has resulted in a major increase in demand for functional and fortified foods and beverages.
The high-fat low-protein snacks are fat-fortified snacking choices low in protein that may provide customers with functional benefits. The high-fat low-protein snacks are made from both animal and plant-based protein sources and are designed to be consumed on the go.
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High-Fat Low-Protein Snacks Market Segmentation
- Based on Product Type, the global high-fat low-protein snacks market can be segmented as:
- Nuts, Seeds & trail Mixes
- Dried Fruits snacks
- Meat snacks
- Cereal & granola bars
- Based on Nature, the global high-fat low-protein snacks market can be segmented as:
- Based on source, the global high-fat low-protein snacks market can be segmented as:
- Based on the distribution channel, the global high-fat low-protein snacks market can be segmented as:
- B2B (Direct Sales)
- B2C (Indirect Sales)
- Store-based Retailing
- Convenience Stores
- Specialty Stores
- Other Retailing Formats
- Online Retailing
- Store-based Retailing
- Based on the region, the global high-fat low-protein snacks market can be segmented as:
- North America
- U.S. and Canada
- Latin America
- Mexico, Brazil, Peru, Chile, and others
- Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
- Eastern Europe
- Poland and Russia
- Asia Pacific
- China, India, Japan, ASEAN, Australia, and New Zealand
- The Middle East and Africa
- GCC, Southern Africa, and North Africa
- North America
The COVID crisis has had two effects on high-fat low-protein snacks: more time at home means more snacking, and a global pandemic means health is top of mind.
Furthermore, the high-fat low-protein snacks market is being driven by consumer preferences for healthy alternatives.Demand for Healthy Snack Items Fueled by the Demand for Functional Healthy Food.
The growing demand for functional foods among consumers to preserve overall health and reduce the risk of certain lifestyle-related chronic health conditions is driving the market.
Consumers continue to search out healthier food choices in the grocery store. Natural, plant-based, and clean-label food items enriched with functional ingredients such as micronutrients, protein, and fiber.
The demand for high-fat low-protein snacks is growing due to the increasing promotion of such functional foods for digestive health, weight loss and lowering the risk of obesity, diabetes, and cardiovascular disease.
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High-Fat Low-Protein Snacks Market: Key Players
Some key manufacturers operating the business in the high-fat low-protein snacks market globally include
- Pepsico Inc.
- Nestle S.A
- B&G foods
- Buff Bake
- General Mills
- Premier Nutrition Corporation
- Bounce Foods ltd.
- Kashi Company
- Hormel Foods Corporation
In developed and emerging markets manufacturers are attracted as consumptions in regions like India, China, and Mexico, of packaged and ready-to-eat foods, as well as healthy snacks, has fueled demand for high-fat low-protein snacks. It is also expected to have a large market in developing Asian and Latin American markets.
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