Snack Food Market Size to Exceed USD 468.76 Billion by 2034 | Towards FnB

According to Towards FnB, the global snack food market size is evaluated at USD 265.95 billion in 2025 and is expected to hit USD 468.76 billion by 2034, reflecting at a CAGR of 6.5% from 2025 to 2034. This growth is driven by the increasing demand for healthier and more convenient snacking options, catering to a broad range of consumer preferences worldwide.

Ottawa, Oct. 29, 2025 (GLOBE NEWSWIRE) -- The global snack food market size stood at USD 249.72 billion in 2024. The upward trajectory from USD 265.95 billion in 2025 to USD 468.76 billion by 2034 highlights the sector's robust growth. This report by Towards FnB, a sister company of Precedence Research, underscores the strong market potential across various snack categories, especially with evolving consumer trends leaning towards healthier snack alternatives.

The market is observed to grow rapidly in the current period due to high demand for convenient, healthy, and on-the-go snack options. They aid the hectic lifestyles of consumers today and are also ideal for completing an individual's nutritional profile.

Note: This report is readily available for immediate delivery. We can review it with you in a meeting to ensure data reliability and quality for decision-making.

Access the Full Study Instantly | Download Sample Pages of the Report Now@ https://www.towardsfnb.com/download-sample/5492

Key Highlights of Snack Food Market

By region, Europe dominated the snack food market in 2024, whereas the Asia Pacific is expected to grow in the foreseeable period.
By product, the savory snacks segment led the market in 2024, whereas the frozen and refrigerated snacks segment is expected to grow in the expected timeframe.
By packaging, the bags and pouches segment led the snack food market in 2024, whereas the cans segment is expected to grow in the foreseeable period.
By distribution channel, the supermarkets and hypermarkets segment led the market in 2024, whereas the online segment is expected to grow in the forecast period.

Higher Demand for Convenient Food Options Is Helpful for the Snack Food Industry

The snack food market is observing growth due to factors such as convenience, changing consumer lifestyles, and urbanization. Snacks are convenient, easy to carry and consume, and also tasty. Hence, they are consumed by consumers of different age groups multiple times a day. Due to the hectic lifestyles of consumers, many prefer snacking on a meal replacement when time is tight. Health-conscious consumers prefer healthier snacking options that are organic and clean-label.

Higher demand for gluten-free, low- or no-sugar snack options is helping drive market growth. Consumers can satisfy their snack cravings without excess calories with healthier alternatives. Hence, they help market growth as well. Snacks also help bridge the gap between meals and manage cravings more healthily. Hence, the market is expected to grow in the foreseen period.

Snacking Companies with Innovative Ideologies

Impossible Foods- Founded in 2011, the brand produces plant-based meat, dairy, and fish alternatives. The main aim of the brand is to provide innovative, healthy, and tasty snacking options without using meat, thereby reducing environmental damage caused by excessive meat consumption. The brand also intelligently mimics the taste, texture, and aroma of animal meat, which helps maintain its customer base.
Nature’s Fynd is a food tech company manufacturing plant-based meat and dairy products. The brand uses a nutritional fungi protein called Fy, derived from a microbe discovered in Yellowstone National Park. The company provides dairy-free yogurt, cream, cheese, and other similar products. The fermentation technology used by the company allows it to grow the Fy protein from the microbe sample without requiring it from the park again.
Poppi- Poppi is a prebiotic soda brand involving the manufacturing of sodas using ingredients such as apple cider vinegar and prebiotics. They are an ideal replacement for traditional sodas and are also gut-friendly. The brand got a huge spotlight on social media platforms and television shows recently. They also offer low-sugar and low-calorie soda options in different flavors.

New Trends in the Snack Food Market

Popularity of snacks involving functional ingredients such as prebiotics, probiotics, adaptogens, and gut-friendly ingredients is helping the growth of the market.
High demand for protein-rich and plant-based snacks is also helping to fuel the growth of the market.
Gluten-free, low-sugar, and no-sugar snack options demanded by health-conscious consumers are also helpful for the growth of the market.
Snack with global flavor profiles attracting a huge consumer base is a huge factor for the growth of the snack food market.
Snack brands offering sustainable and eco-friendly packaging are also helpful for the growth of the market.

View Full Market Intelligence@ https://www.towardsfnb.com/insights/snack-food-market

Impact of AI in the Snack Food Industry

Artificial intelligence (AI) is profoundly reshaping the snack food market, driving innovation, efficiency, and competitiveness across the value chain, from product development to global trade. In product innovation, AI is enabling snack companies to analyze massive datasets from social media, consumer reviews, and sensory testing to identify emerging flavor trends and design new products faster than ever before. Major companies like Mondelēz International (owner of Oreo and Cadbury) have adopted AI-driven recipe development tools to test ingredients, optimize taste profiles, and reduce time-to-market by up to 75%. This data-centric approach allows brands to create snacks tailored to local consumer preferences and cultural tastes, which is especially beneficial for exporters seeking rapid adaptation to foreign markets.

In manufacturing, AI enhances quality control and operational efficiency. Computer-vision systems and smart sensors now monitor product consistency in real time, tracking parameters such as color, texture, and size, to ensure uniformity across batches. Predictive maintenance algorithms anticipate equipment failures, minimizing downtime and waste. These AI-enabled improvements not only reduce production costs but also ensure that exported snack products maintain high and consistent quality, which is essential for compliance with international food-safety standards.

Recent Developments in the Snack Food Market

In October 2025, WellBe Foods announced the launch of its new snack category, ‘vacuum-cooked snacks’. The healthy snacking line assures no compromise in taste and texture, similar to traditional snacks. The range involves snacks made from legumes and pulses. (Source- https://www.fnbnews.com)
In May 2025, Kameda LT Foods, a joint venture of two renowned snack companies, announced that it would be enhancing its product range under the Kari Kari brand. The launch involves their new product, ‘Krispy Hopu’, in a sweet and salty flavor option. It is gluten-free, vegan, and not fried. (Source- https://www.indianretailer.com)

Snack Food Market Dynamics

Opportunity

Plant-Based Options are helping the Growth of the Market

The growing population of vegans and plant-based diet followers is leading to higher demand for plant-based snacks. Hence, such factors make way for a huge opportunity for the growth of the market. Hence, brands providing plant-based meat and dairy-free alternatives are in high demand by health-conscious consumers. Such consumers also form a huge consumer base for the snack food market, helping in its growth. Companies are providing snacks made from plant-protein, lentils, dry fruit, nuts, and soy.

Challenge

Rising Health Issues Obstruct the Growth of the Market

The high demand for oily, deep-fried, and spicy snacks among Gen Z and millennials, which harms their health, is one of the major drawbacks of the snack food market. Such snack options are tasty but are dangerous for health, paving the way for numerous health issues such as obesity, heart problems, and diabetes. Hence, such factors may impede market growth.

Top Products in the Snack Food Market

Product Category	Description
Potato Chips	One of the largest and most established snack categories, driven by strong global brands like Lay’s and Pringles. Innovations include baked, air-fried, and low-sodium variants to meet health-conscious consumer demand.
Extruded Snacks	Includes puffed and shaped snacks such as cheese balls, corn puffs, and sticks. These products appeal to younger demographics due to variety in flavoring, texture, and fun formats.
Nuts & Seeds	A rapidly growing segment due to rising interest in high-protein, low-carb, and functional snacking. Includes almonds, cashews, trail mixes, and flavored seed blends emphasizing clean-label and natural positioning.
Popcorn	Popular as a light, low-calorie snack, especially in ready-to-eat formats. Growth is driven by gourmet, flavored, and microwave popcorn products positioned as both indulgent and healthy alternatives.
Snack Bars	Includes granola bars, protein bars, and fruit & nut bars. The category is expanding through functional nutrition trends, offering high-protein, low-sugar, and plant-based options.
Savory Biscuits & Crackers	Widely consumed for convenience and versatility, these snacks combine taste with satiety. Innovations include gluten-free, multigrain, and fiber-rich formulations.
Confectionery Snacks	Covers chocolate bites, candy-coated nuts, and hybrid indulgent snacks. Growth in this segment is fueled by premiumization and portion-controlled formats for mindful indulgence.
Meat Snacks	Includes jerky, meat sticks, and dried sausages, known for high protein content and portability. The category benefits from the keto and high-protein diet movement.
Baked Snacks	Healthier alternatives to fried products, encompassing baked chips, crisps, and crackers. Their low-fat positioning and whole-grain ingredients attract health-conscious consumers.
Fruit Snacks	Made from dried or pureed fruit, these products target the healthy snacking segment, especially among children and wellness-driven adults. The segment benefits from natural sweetness and clean-label appeal.
Vegetable Snacks	Includes chips and crisps made from kale, beetroot, carrot, and sweet potato. These are gaining traction for their perceived nutritional value and unique flavors.
Rice & Corn-Based Snacks	Includes rice cakes, puffed rice chips, and corn thins. Popular in Asia-Pacific and North America due to their gluten-free and light texture attributes.
Trail Mixes	Blends of nuts, dried fruits, and chocolate or yogurt coatings. Known for balanced nutrition and portability, trail mixes appeal to active and on-the-go consumers.
Functional Snacks	A fast-emerging category that includes fortified snacks with added protein, probiotics, vitamins, or adaptogens. It aligns with the growing demand for nutrition-driven snacking.
Ready-to-Eat Savory Mixes	A combination of pulses, grains, and spices, popular in emerging markets. Often marketed as protein-rich, spicy, and wholesome alternatives to traditional fried snacks.

For Detailed Pricing and Tailored Market Report Options, Click Here: https://www.towardsfnb.com/checkout/5492

Snack Food Market Regional Analysis

Europe Dominated the Snack Food Market in 2024

Availability of snacks with new flavor profiles and innovative options is one of the major factors for the growth of the market in Europe. Snack companies are coming up with new and innovative ideas to meet consumer demand, which is helping drive market growth. Innovative flavor and texture profiles, easy-to-use and carry packaging, and the use of functional ingredients with enhanced flavors also help the growth of the market in the region. Countries such as Germany, France, and the UK have a major role in the growth of the market in the region. Higher demand for artisanal and international snacks with a creative flavor profile also adds to the growth of the market.

Asia Pacific Is Expected to Grow in the Foreseeable Period

Asia Pacific is expected to grow in the foreseen period due to high demand for single-flavor-based snacks and creative flavor profile snacks. The snack food market is also observing growth in the region due to high demand for potato-based, nut and seed-based, and functional ingredients-based snacks. Availability of snacks on different types of platforms, such as supermarkets, hypermarkets, and e-commerce platforms, is also fueling the growth of the market. Snack options available in clean-label, organic, and gluten-free options are also helpful to aid the growth of the market. Countries such as India, China, and Japan have a major contribution to the growth of the market in the Asia Pacific due to high demand for savory and innovative snacks by consumers of the respective countries.

North America Is Expected to Grow at a Notable Rate in the Foreseeable Period

North America is observed to experience a notable growth due to supportive factors such as high demand for healthier snacking options and innovative flavor profiles, which are helpful for the growth of the market. Higher demand for snack options available in gluten-free, low-sugar, organic, and clean-label variants with innovative flavor profiles also helps to fuel the growth of the market in the region. Plant-based snack options are also aiding the growth of the snack food market.

Trade Analysis: Global Snack Food Market: Import & Export Statistics

Top Exporters

China: mass-manufactured snacks & OEM exports. China is a major origin for volume snack exports (chips, extruded snacks, regional savory products and private-label lines) thanks to very large manufacturing capacity and competitive pricing. (volumes & platform shipment data reflect China among top snack origins).
United States: branded & high-value snack exports. The U.S. exports large volumes of branded chips, cookies, and confectionery snacks to the Americas, Europe and APAC; U.S. exporters also lead in premium / healthier snack lines and ingredient-export linkages. (trade dashboards and HS-level export records show strong U.S. export values for biscuits & related snack lines.)
India: ethnic & value snacks for diaspora markets plus growing global shipments. India is a big exporter of savoury ethnic snacks and packaged sweets, with major companies scaling international distribution and many small producers targeting diaspora and specialist retailers.
Mexico / Netherlands / EU producers: biscuits, crackers and re-exports. Mexico and EU countries (notably Netherlands, Spain, Italy) appear high in export rankings for biscuits/crackers and packaged snack subsegments; the Netherlands also functions as an EU re-export/fulfilment hub.

Top Importers/Demand Centres

United States: a leading importer of specialty snacks and a massive domestic market that also sources regional/ethnic snack products; many countries export snack shipments into the U.S. retail and foodservice channels.
European Union (Germany, UK, France): large, high-value markets for biscuits, premium snacks, and healthy/clean-label variants; EU members often import from nearby EU producers and global suppliers.
Asia (China, Southeast Asia, Middle East hubs such as UAE/Saudi Arabia): rapid growth in import demand for premium, healthy, and convenience snack formats; Gulf hubs also act as re-export/redistribution nodes.

Trade Flows & Country Highlights

Branded vs. commodity split: The largest exporters fall into two buckets, (a) high-value branded exporters (U.S., EU firms) shipping premium snacks and (b) high-volume OEM/commodity exporters (China, some SE Asian players) supplying private-label and bulk snack lines.
Seasonality & trade routes: Snack trade is relatively stable year-round, but promotional seasons (holidays, festivals) and retail cycles can cause short spikes in cross-border shipments; e-commerce accelerated small-lot exports and diversified origin countries.
Hubs and re-exports: The Netherlands and UAE function as logistical/regional hubs, importing, packaging, and re-exporting snacks across their regions. EU member states also re-route intra-EU snack shipments via major ports and fulfillment centers.

Snack Food Market Report Scope

Report Attribute	Key Statistics
Base Year	2024
Forecast Period	2025 to 2034
Growth Rate from 2025 to 2034	CAGR of 6.5%
Market Size in 2025	USD 265.95 Billion
Market Size in 2026	USD 283.24 Billion
Market Size by 2034	USD 468.76 Billion
Dominated Region	Europe
Fastest Growing Region	Asia Pacific
Regions Covered	North America, Europe, Asia-Pacific, Latin America and Middle East & Africa

Have Questions? Let’s Talk—Schedule a Meeting with Our Insights Team: https://www.towardsfnb.com/schedule-meeting

Snack Food Market Segmental Analysis

Product Analysis

The savory snacks segment led the snack food market in 2024 due to its high demand by consumers globally. Availability of savory snacks with a potato base, exotic flavor profiles, and international flavors is highly demanded, further fueling the growth of the market. Hence, the segment has a huge contribution to the growth of the market. Savory snacks are highly preferred by consumers of different age groups, which is helpful for the growth of the market.

The frozen and refrigerated snacks segment is expected to grow in the expected timeframe due to its multiple advantages. Frozen snacks have a longer shelf life, can be easily stored, and can also be consumed anywhere easily. Hence, they are highly demanded by consumers of different age groups. Frozen snacks are also available in different flavor profiles and are also preferred as a side dish or snack with main meals. Hence, the segment contributes to the growth of the market in the foreseen period.

Packaging Analysis

The bags and pouches segment led the snack food market in 2024 due to the convenience offered by such products. Bags and pouches allow consumers to store, carry, and reuse the snacks while maintaining their freshness, taste, and texture, which is helpful for the growth of the market. Reusable zippers, hooks, and pouches are convenient for storing snacks and maintaining their freshness. Hence, the segment has a major contribution to the growth of the market.

The can segment is observed to grow in the foreseen period as they help to keep liquids safe and avoid spillage. They allow consumers to carry liquids easily, which is helpful for the growth of the snack food market. Cans are also aesthetically pleasing with attractive illustrations, further fueling the growth of the market. They also aid the market’s growth as they are ideal for transporting liquids safely without any damage caused to the product.

Distribution Channel Analysis

The supermarkets and hypermarkets segment led the snack food market in 2024 due to their easy availability near residential areas, allowing consumers to shop for different types of products. Such stores have a variety of snack options stacked perfectly to allow consumers to browse through them easily. Such convenient options allow consumers to shop for more products and get information about them as well. Hence, the segment has a major contribution to the growth of the market.

The online segment is expected to grow in the expected timeframe due to its high convenience. Different types of consumers can shop from online platforms at attractive discounts and schemes available. Hence, the segment is observed to grow in the foreseen period. The segment provides detailed information on new launches and international snack options, which is helpful for consumers to shop smartly. Hence, such factors aid the growth of the market in the foreseen period.

Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@towardsfnb.com

Additional Topics Worth Exploring:

Tea Market: The global tea market size is projected to expand from USD 30.25 billion in 2025 to USD 54.68 billion by 2034, growing at a CAGR of 6.8% during the forecast period from 2025 to 2034
Beverage Packaging Market: The global beverage packaging market size is projected to reach USD 271.80 billion by 2034, growing from USD 173.71 billion in 2025, at a CAGR of 5.1% during the forecast period from 2025 to 2034.
Gluten Free Food Market: The global gluten free food market size increasing from USD 14.25 billion in 2025 and is expected to surpass USD 33.59 billion by 2034, with a projected CAGR of 10% during the forecast period from 2025 to 2034.
Canned Wines Market: The global canned wines market size is expected to increase from USD 127.88 million in 2025 to USD 332.46 million by 2034, growing at a CAGR of 11.2% throughout the forecast period from 2025 to 2034.
Plant-Based Protein Market: The global plant-based protein market size is projected to expand from USD 20.33 billion in 2025 and is expected to reach USD 43.07 billion by 2034, growing at a CAGR of 8.7% during the forecast period from 2025 to 2034.
Bakery Product Market: The global bakery product market size is rising from USD 507.46 billion in 2025 to USD 821.62 billion by 2034. This projected expansion reflects a CAGR of 5.5% during the forecast period from 2025 to 2034.
Coconut Products Market: The global coconut products market size is expected to climb from USD 14.18 billion in 2025 to approximately USD 33.71 billion by 2034, growing at a CAGR of 10.1% during the forecast from 2025 to 2034.
Pet Food Market: The global pet food market size is expected to increase from USD 113.02 billion in 2025 to USD 167.97 billion by 2034, growing at a CAGR of 4.5% throughout the estimated timeframe from 2025 to 2034.
Organic Food Market: The global organic food market size is expected to grow from USD 253.96 billion in 2025 to USD 660.25 billion by 2034, with a compound annual growth rate (CAGR) of 11.20% during the forecast period from 2025 to 2034.

Top Companies in the Snack Food Market

PepsiCo Inc.: PepsiCo is the global leader in the snack food industry, with an extensive portfolio that includes Lay’s, Doritos, Cheetos, and Ruffles. The company dominates the savory snacks category through continuous flavor innovation and strong distribution networks. PepsiCo’s focus on healthier formulations, baked snacks, and portion-controlled packaging reinforces its adaptability to evolving consumer preferences.
The Kellogg Company: Kellogg Company is a major producer of cereal-based and convenience snacks, offering brands such as Pringles, Cheez-It, and Rice Krispies Treats. Its strong presence in both sweet and savory segments is supported by investments in plant-based and protein-rich snack innovations. The company emphasizes sustainability and ingredient transparency in its global product strategy.
Nestlé S.A.: Nestlé is a leading global food company with a growing footprint in the snack food market, offering chocolate, confectionery, and healthy snacking brands such as KitKat, Smarties, and YES! bars. The company is expanding its portfolio toward better-for-you and functional snack options through reformulation and acquisitions in the wellness segment.
General Mills Inc.: General Mills manufactures a wide range of snack foods including Nature Valley granola bars, Chex Mix, and Bugles. The company focuses on clean-label, high-fiber, and protein-enriched snack innovations to cater to health-conscious consumers. Its strong retail and e-commerce presence enhances its global snack portfolio reach.
Mondelēz International, Inc.: Mondelēz International is a dominant player in the global snacks sector, known for brands like Oreo, Ritz, Cadbury, and belVita. The company’s strategy revolves around balanced indulgence, offering both traditional treats and better-for-you snack alternatives. Its robust global supply chain supports expansion in emerging snack markets.
Conagra Brands Inc.: Conagra Brands produces popular snack lines including Slim Jim, Orville Redenbacher’s, and Angie’s BOOMCHICKAPOP. The company’s innovation focuses on convenient, protein-based, and plant-forward snack solutions.
Link Snacks Inc.: Link Snacks, the maker of Jack Link’s beef jerky, is a leader in the meat snack segment. Its emphasis on high-protein, portable snacks caters to fitness-oriented and on-the-go consumers.
Unilever Plc: Unilever’s snack portfolio includes ice creams, savory treats, and nutrition bars under brands like Ben & Jerry’s, Magnum, and Graze. The company’s strategy centers on sustainable sourcing and health-conscious product development.
Hunter Foods LLC: Hunter Foods is a premium snack manufacturer from the UAE, offering gourmet chips, popcorn, and granola products under Hunter’s Gourmet. It focuses on clean-label, gluten-free, and artisanal snacks targeting the health and luxury segments.
Lundberg Family Farms: Lundberg Family Farms produces organic and non-GMO rice-based snacks such as rice cakes and chips. The company emphasizes sustainability and ethical farming, appealing to eco-conscious and health-driven consumers.

Segments Covered in the Report

By Product

Frozen & Refrigerated
Fruit
Bakery
Savory
Confectionery
Dairy
Others

By Packaging

Bag & Pouches
Boxes
Cans
Jars
Others

By Distribution Channel

Supermarket/Hypermarket
Convenience Stores
Online
Others

By Region

North America

U.S.
Canada

Asia Pacific

China
Japan
India
South Korea
Thailand

Europe

Germany
UK
France
Italy
Spain
Sweden
Denmark
Norway

Latin America

Brazil
Mexico
Argentina

Middle East and Africa (MEA)

South Africa
UAE
Saudi Arabia
Kuwait

Thank you for exploring our insights. For more targeted information, customized chapter-wise sections and region-specific editions such as North America, Europe, or Asia Pacific—are also available upon request.

For Detailed Pricing and Tailored Market Report Options, Click Here: https://www.towardsfnb.com/checkout/5492

Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@towardsfnb.com

Unlock expert insights, custom research, and premium support with the Towards FnB Annual Membership. For USD 495/month (billed annually), get full access to exclusive F&B market data and personalized guidance. It’s your strategic edge in the food and beverage industry: https://www.towardsfnb.com/get-an-annual-membership

About Us

Towards FnB is a global consulting firm specializing in the food and beverage industry, providing innovative solutions and expert guidance to elevate businesses. With an in-depth understanding of the dynamic F&B sector, we deliver customized market analysis and strategic insights. Our team of seasoned professionals is committed to empowering clients with the knowledge needed to make informed decisions, ensuring they stay ahead of market trends. Partner with us as we redefine success in the rapidly evolving food and beverage landscape, and together, we’ll navigate this transformative journey.

Web: https://www.towardsfnb.com/

Our Trusted Data Partners

For Latest Update Follow Us:

LinkedIn | Medium| Twitter

Discover More Market Trends and Insights from Towards FnB:

➡️Beverage Flavors Market: https://www.towardsfnb.com/insights/beverage-flavors-market

➡️Salt Market: https://www.towardsfnb.com/insights/salt-market

➡️Probiotic Food Market: https://www.towardsfnb.com/insights/probiotic-food-market

➡️Protein Bar Market: https://www.towardsfnb.com/insights/protein-bar-market

➡️Gluten-Free Bakery Market: https://www.towardsfnb.com/insights/gluten-free-bakery-market

➡️Europe Nutraceuticals Market: https://www.towardsfnb.com/insights/europe-nutraceuticals-market

➡️Canned Food Market: https://www.towardsfnb.com/insights/canned-food-market

➡️Non-Alcoholic Beverages Market: https://www.towardsfnb.com/insights/non-alcoholic-beverages-market

➡️Frozen Meat Market: https://www.towardsfnb.com/insights/frozen-meat-market

➡️Fish Oil Market: https://www.towardsfnb.com/insights/fish-oil-market

➡️Soft Drink Concentrates Market: https://www.towardsfnb.com/insights/soft-drink-concentrates-market

➡️U.S. Halal Food Market: https://www.towardsfnb.com/insights/us-halal-food-market

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.