Plant-Based Snacks Market, By Nature (Conventional, and Organic), By Type (Cookies, Snack Bar, Wafers, and Others), By Product Type (Meat Alternative Snacks, Cereal/Grain Based Snacks, and Others), By Source (Fruit, Vegetables, Legumes, Cereals, and Tubers), By Flavor (Savory & Sweet Flavor, Herb & Spice Flavor, Chocolate Flavor, and Others), By Packaging (Pouches, Wrappers, Bags, and Tins), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Small Groceries, Online Retailers, and Others), By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Report Code: PMI57619 | Publish Date: February 2024 | No. of Pages: 170

Global PlantBased Snacks Market Market Share

The North American market is anticipated to experience a notably elevated revenue share throughout the projection period as a result of increasing investment and funding. There has been a notable increase in the demand for plant-based goods, such as snacks, in North America. Growing consumer adoption of vegetarian, vegan, or flexitarian diets, concerns about environmental sustainability, and growing awareness of health and wellness are the main drivers of this trend.

Over the projected period, the revenue share of the Asia Pacific market is anticipated to grow at the fastest rate. There has been a change in dietary habits in the Asia-Pacific area, with more people choosing plant-based or flexitarian diets. Health consciousness, ethical considerations, and worries about how food choices affect the environment are some of the factors influencing this shift.