GITNUX MARKETDATA REPORT 2024

Snacks Industry Statistics

The snacks industry is a rapidly growing sector with increasing demand due to changing consumer preferences and lifestyles.

With sources from: grandviewresearch.com, statista.com, nielsen.com, mordorintelligence.com and many more

Statistic 1

In 2020, the United States alone consumed over 100 billion pounds of snacks.

Statistic 2

The confectionery sector represents 13% of the global snacks market.

Statistic 3

The healthy snacks market is projected to reach $152 billion by 2030.

Statistic 4

Organic snack purchases grew by 20% in 2021.

Statistic 5

The global savory snacks market is expected to reach $108.3 billion by 2027.

Statistic 6

Millennials are the largest consumer group for snacks, making up 40% of the market.

Statistic 7

North America's snack market is expected to reach $82 billion by 2025.

Statistic 8

Online snack sales have surged by 75% in the first quarter of 2021.

Statistic 9

The average American consumes 2.4 snacks per day.

Statistic 10

70% of snack innovation involves new flavors.

Statistic 11

65% of consumers consider 'healthier snacks' as an important factor when purchasing snacks.

Statistic 12

Snack bars hold 16% of the market share in the global snacks market.

Statistic 13

Salty snacks account for 48% of total snack sales in the United States.

Statistic 14

Demand for gluten-free snacks is projected to grow at a CAGR of 9.8% from 2020 to 2027.

Statistic 15

40% of consumers purchase snacks online due to convenience.

Statistic 16

The global snacks market size was valued at $1,450.4 billion in 2020.

Statistic 17

The U.S. snacks market is projected to reach $138.2 billion by 2026.

Statistic 18

Chocolate snacks make up 32% of the confectionery snack segment.

Statistic 19

Asia-Pacific is the largest regional snacks market, holding over 40% of the global share.

Statistic 20

Plant-based snacks are expected to grow at a CAGR of 8.7% from 2021 to 2028.

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In this post, we’ll explore the ever-evolving snacks industry through a series of eye-opening statistics. From the staggering consumption figures in the United States to the projected growth of healthier snack options and the impact of online sales, these statistics paint a comprehensive picture of the snacks market landscape. So grab a snack yourself, and let’s dive into the data-driven world of snacks.

Statistic 1

"In 2020, the United States alone consumed over 100 billion pounds of snacks."

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Statistic 2

"The confectionery sector represents 13% of the global snacks market."

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Statistic 3

"The healthy snacks market is projected to reach $152 billion by 2030."

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Statistic 4

"Organic snack purchases grew by 20% in 2021."

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Statistic 5

"The global savory snacks market is expected to reach $108.3 billion by 2027."

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Statistic 6

"Millennials are the largest consumer group for snacks, making up 40% of the market."

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Statistic 7

"North America's snack market is expected to reach $82 billion by 2025."

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Statistic 8

"Online snack sales have surged by 75% in the first quarter of 2021."

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Statistic 9

"The average American consumes 2.4 snacks per day."

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Statistic 10

"70% of snack innovation involves new flavors."

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Statistic 11

"65% of consumers consider 'healthier snacks' as an important factor when purchasing snacks."

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Statistic 12

"Snack bars hold 16% of the market share in the global snacks market."

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Statistic 13

"Salty snacks account for 48% of total snack sales in the United States."

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Statistic 14

"Demand for gluten-free snacks is projected to grow at a CAGR of 9.8% from 2020 to 2027."

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Statistic 15

"40% of consumers purchase snacks online due to convenience."

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Statistic 16

"The global snacks market size was valued at $1,450.4 billion in 2020."

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Statistic 17

"The U.S. snacks market is projected to reach $138.2 billion by 2026."

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Statistic 18

"Chocolate snacks make up 32% of the confectionery snack segment."

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Statistic 19

"Asia-Pacific is the largest regional snacks market, holding over 40% of the global share."

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Statistic 20

"Plant-based snacks are expected to grow at a CAGR of 8.7% from 2021 to 2028."

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Interpretation

The snacks industry is a thriving and dynamic sector, as evidenced by a plethora of statistics showcasing its robust growth and evolving consumer preferences. From the significant rise in healthy and organic snack markets to the surge in online snack sales and the increasing demand for innovative flavors, the industry is continuously adapting to meet changing consumer needs. With millennials driving a substantial portion of snack consumption and a shift towards healthier options, the market is poised for further expansion. As plant-based and gluten-free snacks gain traction and global markets continue to expand, the snacks industry remains an exciting and lucrative sector for both consumers and businesses alike.

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