New Market Report Indicates Snacks' Growth Potential into 2030
June 15, 2020
The global snack food market is expected to grow from $210.4 billion in 2019 to $215.9 billion according to a new report.
The global snack food market is expected to grow from $210.4 billion in 2019 to $215.9 billion. That's according to a new report from Research and Markets.
The report, which highlights the expected growth rate, projects that food and beverage manufacturers can expect to gain a stronger footholds in the snack food market provided they stay within the guidelines of 'healthy.' The report offers guidance to food manufacturers that they can grow their snack food markets by "introducing products with natural additives and coloring agents or by acquiring smaller firms that produce products with natural ingredients"
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