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Kid Snacks Market By Type (Salty Kid Snacks, Refrigerated or Frozen Kid Snacks, Confectionary Kid Snacks, Bakery Kid Snacks, Vegetable Kid Snacks, Fruit Kid Snacks, Nut Based Kid Snacks), By Source (Organic Kids Snacks, Conventional Kids Snacks), By Distribution Channel (Supermarket / Hypermarket, Online Stores, Specialty Stores, Grocery Stores, Convenience Store), And Region - Global Analysis Of Market Size, Share & Trends For 2021-2022 And Forecasts To 2032
Kid snacks prevent hunger while supplying ample nourishment for active bodies and healthy growth. Healthy snacks increase nutrients and help kids control their appetite. In case when the kids are not getting enough vitamins in their meals, these snacks might enhance their overall nutrient intake. Snacks can prevent kids from becoming irritable due to hunger. Snacks might help in restrict overeating at meals. Snacks also give finicky eaters of all ages an opportunity to supplement their diets with more nutrients. The ideal snacks are those with less salt, sugar, or fat. The best options include entire grains, fresh fruits and vegetables, low-fat dairy, and protein-rich foods. Treating the kid with nutritious snacks occasionally is fine at times.
Kid Snacks to surpass USD 133.8 billion by 2032 from USD 61 billion in 2021 at a CAGR of 7.4% in the coming years, i.e., 2022-32. The factors contributing to the growth of the Kid Snacks Market include aggressive marketing, flavorful snacks, and organic snack items. Nowadays days, parents are more interested in the health of their kids and are ready to purchase wholesome snack foods. Companies are now more aggressively competing to introduce healthful snacks. Moreover, manufacturers include toys within the snack to appeal to children. The Kid Snacks Market is flourishing across the world due to these factors.
Kid Snacks Market is categorized on the basis of Type into Salty Kid Snacks, Refrigerated or Frozen Kid Snacks, Confectionary Kid Snacks, Bakery Kid Snacks, Vegetable Kid Snacks, Fruit Kid Snacks, and Nut Based Kid Snacks. Since bakery segment offers exquisite biscuits, cakes, and chips, the category is the most popular one in the Kid Snacks Market. A sizeable portion of the Kid Snacks Market is anticipated to boost the bakery segment. As customer desire for healthier options rises, bakery segment innovation with strong nutritional claims is popular worldwide.
Kid Snacks Market is categorized on the basis of Distribution Channel into Supermarket / Hypermarket, Online Stores, Specialty Stores, Grocery Stores, and Convenience Store. The Online Stores segment is predicted to have the highest revenue share in the Kid Snacks Market, followed by grocery and convenience stores.
Healthy snacks including almonds, yogurt, cookies, and oats are the market leaders in the worldwide Kids Snack Market. These snacks give kids energy and aid with their daily vitamin intake. Since children's eating habits are more oriented toward snacks like almonds, chips, and bars, families with children consume more snacks than other families in developed nations. Exploring the unexplored prospects in the Kid Snacks Market is becoming more important due to this age group's increasing snack consumption. In the past, products were mostly marketed to young people and seniors, but this is now changing. Future market growth is anticipated to be driven by this new trend.
Players in the market are focusing on introducing appealing packaging for children since they prefer such packaging. In order to capture the interest of children, businesses are also including alluring toys with the munchies, including balls, tattoos, and stickers, and more. Therefore, there is a room for innovation in novel packaging approaches in the product packaging, which is now unexplored.
Kid snacks' poor nutritional value is a hindrance to commercial growth. Kids sometimes have a tendency to totally forgo meals in favor of snacks. As a result, few parents are making investments in the Kid Snacks Market. Also, the increased usage of throwaway plastics in the production of kid-friendly snacks has drawn the attention of global government agencies. All of these things are slowing the market's growth for kid snacking.
Kid Snacks Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. During the forecast period, Asia Pacific's Kid Snacks Market could obtain an inconsistent amount of growth share. Healthy kid snacks are becoming more and more popular across a sizable population, which could bode well for future growth. In Asia Pacific, densely populated nations like China and India are reaping huge profits from the Kid Snacks Market. The market for kid-friendly snacks in North America is projected to expand profitably between 2020 and 2030.
Due to the arrival of the coronavirus, different governments have enforced lockdowns and travel restrictions. As a result, online retailing activities have increased, and product makers are now compelled to advertise and sell their food products through e-commerce websites while also providing various discounts on these food products.
REPORT ATTRIBUTE |
DETAILS |
Market Size Value in 2021 |
USD 61 billion |
Revenue Forecast in 2032 |
USD 133.8 billion |
Growth Rate |
CAGR of 7.4% from 2022 to 2032 |
Base Year for Estimation |
2021 |
Quantitative Units |
Revenue in USD million and CAGR from 2022 to 2032 |
Report Coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments Covered |
Type, Source, Distribution Channel, and Region |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Key Companies Profiled
|
PepsiCo Inc., Nestle S.A., Procter&Gamble, Mondelez International Inc., The Kraft Heinz Company, General Mills Inc., Conagra Brands Inc., Calbee Inc., Intersnack, Lorenz Snack-World, The Kids Food Company Limited, Kellogg Co., Heavenly Tasty Organics LTD, The Hain Celestial Group Inc., NurturMe, and Other Prominent Players. |
The Kid Snacks Market size was estimated at USD 61 billion in 2021 and is expected to reach USD 133.8 billion in 2032.
Kid snacks prevent hunger while supplying ample nourishment for active bodies and healthy growth. Healthy snacks increase nutrients and help kids control their appetite.
The Bakery Kid Snacks and Online Stores segments accounted for the larger share of the Kid Snacks Market.
Key players in the Kid Snacks Market are PepsiCo Inc., Nestle S.A., Procter&Gamble, Mondelez International Inc., The Kraft Heinz Company, General Mills Inc., Conagra Brands Inc., Calbee Inc., Intersnack, Lorenz Snack-World, The Kids Food Company Limited, Kellogg Co., Heavenly Tasty Organics LTD, The Hain Celestial Group Inc., NurturMe, and Other Prominent Players.
The reasons for the growth of the Kid Snacks Market include aggressive marketing, flavorful snacks, and organic snack items. Also, attractive packaging and innovations in packaging are expected to boost the growth of the market in the coming years.
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