Global Superfood-based Packaged Snacks Market to Post a CAGR of 13% by 2022 | Technavio
July 19 2018 - 4:36PM
Business Wire
The global superfood-based packaged snacks market is expected to
post a CAGR of close to 13% during the period 2018-2022, according
to the latest market research report by Technavio.
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Technavio has published a new market
research report on the global superfood-based packaged snacks
market from 2018-2022. (Graphic: Business Wire)
A key factor driving the growth of the market is rise in the
number of new product launches. The global superfood-based packaged
snacks market is being invigorated by the increasing number of new
and innovative product launches over the past decade. The rise in
the demand for superfood-based packaged snacks in various countries
has been widely attributed to product innovations in the
superfruits and edible seaweed-based snacks sector, where vendors
launch innovative products to attract customers.
This market research report on the global superfood-based
packaged snacks market 2018-2022 also provides an analysis of
the most important trends expected to impact the market outlook
during the forecast period. Technavio classifies an emerging trend
as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a
limited time only: View market snapshot before
purchasing
In this report, Technavio highlights the emergence of new
varieties of superfood-based packaged snacks as one of the key
emerging trends in the global superfood-based packaged snacks
market:
Global superfood-based packaged snacks
market: Emergence of new varieties of superfood-based packaged
snacks
Several consumers have become comfortable with the usage of
products containing traditional superfoods like quinoa, chia,
almond, buckwheat, blueberry, and hemp. However, it has been
observed that the shift in consumer preference is due to the
increasing enthusiasm towards trying out new superfood ingredients
such as moringa, edible seaweed, red algae, salmon, macadamia,
ancient grains, and berry-based fruits. Thus, factors such as
these, are expected to drive the growth of the overall global
market during the forecast period.
“Rising number of product launches and
increasing consumer enthusiasm towards experimenting with new items
in terms of superfoods is boosting the sale of the super-foods
packaged snacks market globally,” says a senior analyst at
Technavio for research on food.
Global superfood-based packaged snacks
market: Segmentation analysis
This market research report segments the global superfood-based
packaged snacks market by product (nuts-, grains-, and seeds- based
packaged superfood snacks; edible seaweed-based packaged superfood
snacks; superfruit-based packaged superfood snacks; and other
superfood-based packaged snacks) and by geographical regions (the
Americas, EMEA, and APAC).
The nuts-, grains-, and seeds- based packaged superfood snacks
led the market in 2017 with a market share of more than 52%,
followed by edible seaweed-based packaged superfood snacks and
superfruit-based packaged superfood snacks. The edible
seaweed-based packaged superfood snacks segment is expected to have
a high incremental growth followed by superfruit-based packaged
superfood snacks, during the forecast period.
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Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market sizing
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
+1 844 364 1100UK: +44 203 893 3200www.technavio.com